随着投资者将目光转向即将发布的季度财报，标普500金融指数大幅走高。市场预期，标普500成分股中 的金融行业在去年12月当季的盈利将实现同比6.7%的增长。高盛涨3.8%，花旗涨3.7%，摩根大通涨 2.6%，美银涨1.7%，高盛与摩根大通均创下历史新高。 明星科技股涨跌互现，特斯拉涨3.1%，亚马逊涨2.9%，Meta涨1.3%，谷歌涨0.6%，微软平盘，英伟达 跌0.4%，苹果跌1.4%，甲骨文跌1.6%。 【热门股表现】 能源板块走强，市场预期相关企业将从委内瑞拉石油基础设施重建中获益。雪佛龙涨5.1%，该公司目 前在委内瑞拉已有业务布局，而委内瑞拉拥有全球最大的已探明石油储量。埃克森美孚涨2.2%。与此 同时，有望助力委内瑞拉能源重建的油田服务公司表现不俗，哈里伯顿、斯伦贝谢分别上涨7.8%和近 9%。 美国合众银行财富管理部高级投资策略师哈沃斯（Rob Haworth）表示："能源股的大涨，主要是市场预 期特朗普总统将推动美国企业加大对委内瑞拉的投资，最终实现盈利增长。"他补充道，"美国并未计划 在当地长期驻军，也不会开展持续性军事介入，这意味着整体股市可以不必担忧局势演变为长期冲突， 从而消除了一 ...

本周，美国将迎来重磅数据发布的一周，周五，美国12月季调后非农就业人数、失业率及新屋开工数据 集体公布，从就业和房地产两个维度把脉美国经济，美联储明年政策路径基本敲定。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 美联储方面对降息又有新的表态。 1月5日，美股三大指数集体高开。明星股英特尔一度涨逾5%。标普500能源板块创下一年多来最高水 平，最新上涨2.4%。 中概股方面，纳斯达克中国金龙指数突然大幅回调，截至发稿跌约1.2%，个股方面，网易跌超4%，百 度、小鹏汽车跌近4%。中概股今日出现回调或因此前跳空大涨，上一个交易日，纳斯达克中国金龙指 数跳空大涨逾4%。 晚间，受地缘政治紧张等因素影响，黄金与白银继续飙涨，截至发稿，现货黄金上涨超2%，现货白银 涨逾4%。 美联储方面，2026年FOMC票委、明尼阿波利斯联储主席卡什卡利周一发表了对降息前景的中性表态， 他认为，美国的基准利率可能已接近"中性水平"，未来的货币政策将取决于经济数据的走向。 卡什卡利指出，尽管过去两年市场一直预期经济会放缓，但美国经济表现出的韧性远超预期。 他认为，这说明目前的货币政策对经济的抑制作用并不 ...

Market Overview - The Hong Kong stock market showed a narrow range of fluctuations on January 5, with the Hang Seng Index slightly up by 0.03%, the Hang Seng China Enterprises Index down by 0.22%, and the Hang Seng Tech Index up by 0.09% [1][2]. Sector Performance - Large tech stocks exhibited mixed performance, with Kuaishou surging by over 11%, while other notable stocks like Bilibili and Alibaba also saw gains of over 5% and 2%, respectively. Conversely, stocks like NetEase and Xiaomi fell by over 2% [2][4]. - The biotechnology sector was active, with companies like Rongchang Bio and Kelun-Bothai rising over 7%, and other firms like Fuhong Hanlin and Tigermed increasing by over 6% [7]. - The insurance sector saw strong gains, with China Pacific Insurance up over 6% and New China Life Insurance up over 5%. Analysts highlighted five key trends in the life insurance industry for 2026, including rapid growth in new business and a shift in customer demographics [8]. - The automotive sector faced declines, with Great Wall Motors dropping over 6% and NIO nearly 6%. Despite some brands achieving record sales in 2025, only a few met their annual sales targets [10]. Notable Stock Movements - Kuaishou's stock price reached 73.60 HKD, reflecting an increase of 11.09% with a market cap of 317.91 billion HKD [5]. - Nanjing Panda Electronics surged by nearly 40%, while Micron Brain Science and Brainhole Technology rose by nearly 20% and over 17%, respectively, following news of Neuralink's plans for large-scale production of brain-computer interface devices [6][4]. - The "three oil giants" saw significant declines, with China Petroleum and China National Offshore Oil Corporation both dropping over 3% due to geopolitical tensions and OPEC+ decisions [9]. Capital Flows - Southbound funds recorded a net inflow of 18.723 billion HKD, with the Shanghai-Hong Kong Stock Connect contributing 9.809 billion HKD and the Shenzhen-Hong Kong Stock Connect contributing 8.914 billion HKD [12]. Future Outlook - Goldman Sachs recommends overweighting Chinese stocks, predicting a 15% to 20% annual increase in the Chinese stock market for 2026 and 2027. Guosen Securities also sees potential in the market driven by a weaker US dollar and improved domestic liquidity in the spring of 2026 [15].

"In my enterprises, you need a calendar, not a stop-watch. They're geared to a ten-year cycle." ——Laurance Rockefeller. 在我的事业中，你需要的是日历，而不是一块秒表。它是以十年为周期运转的。——劳伦斯·洛克菲勒（美国企业家、慈善家，洛克菲勒家族成员） 十年前，中国游戏行业争论的焦点仍是，重度手游究竟能不能走通？此后十年，重度手游带领中国游戏产业开疆拓土，一度推动中国成为全球规模最大的 单一游戏市场。期间，也涌现了腾讯、网易、米哈游、世纪华通等优秀厂商，成为全球排名Top 10的游戏研发商。 十年后，随着硬件、用户、玩法红利逐渐消失，中国乃至全球游戏行业，正在步入一种更加结构性的困局：过去，我们相信一款爆款可以重塑游戏市场格 局，甚至引发行业级"军备竞赛"，比如MOBA、吃鸡、搜打撤。而现在，我们发现，游戏行业已经悄悄进入另一种秩序：大DAU赛道被大厂垄断；买量 被字节算死，厂商沦为打工人；讨论的重心从做手游转向跨端，要么搞单机，要么搞小游戏。 同时，中国游戏玩家也变得越来越难伺候。十年前，他 ...

Shares of NetEase, Inc. (NASDAQ:NTES – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $137.62, but opened at $146.36. NetEase shares last traded at $147.5860, with a volume of 129,395 shares traded. Get NetEase alerts: Wall Street Analysts Forecast GrowthNTES has been the topic of a number of recent analyst reports. Barclays set a $135.00 target price on NetEase and gave the stock an “equal weight” rating in a research note on Friday, November 21st. JPMorgan Chas ...

Market Overview - The market experienced a mixed performance with the S&P 500 rising by 0.66%, the Nasdaq declining by 0.03%, and the Dow Jones increasing by 0.19% [1] Banking Sector - The banking sector saw widespread gains, with Goldman Sachs surging by 4.02%, Morgan Stanley increasing by 2.46%, and other major banks like Bank of America, Citigroup, JPMorgan, Zions Bancorporation, and Alliance West Bank all rising by over 1% [3] Technology Sector - The technology sector displayed continued divergence, highlighted by Intel's significant increase of 6.72% and AMD's rise of 4.35%. However, notable declines were observed in Netflix, which fell by 3.95%, Tesla down by 2.59%, and Microsoft decreasing by 2.21%, with Amazon and META also experiencing declines of over 1% [3] Chinese Concept Stocks - Chinese concept stocks experienced a strong rally, with the China Golden Dragon index rising by 4.38%. Baidu saw a remarkable increase of 15.03%, while Bilibili rose by 7.24%, NetEase by 7.22%, Alibaba by 6.25%, and Tencent Holdings and iQIYI also saw gains exceeding 5% [3] Gold Market - The COMEX gold market experienced volatility, initially rising by 1.91% before closing slightly up by 0.02% at $4341.9 per ounce. The intraday trading range saw a low of $4340 and a high of $4414.8 [3]

Group 1 - The core viewpoint of the article highlights the mixed performance of major U.S. stock indices on the first trading day of 2026, with a notable surge in Chinese tech stocks and a significant increase in the Nasdaq Golden Dragon Index, which rose by 4.38%, marking its largest single-day gain since May 12 of the previous year [2][3][7] - Major technology stocks showed a mixed performance, with ASML and Micron Technology both achieving historical highs, rising over 9% and 10% respectively, while other tech giants like Tesla and Microsoft experienced declines of over 2% [3][5] - The semiconductor sector saw a strong rally, with the Philadelphia Semiconductor Index increasing by over 4.5%, driven by significant gains in companies like ASML and Micron Technology, which are benefiting from the growing demand for AI infrastructure [10][15] Group 2 - Tesla's Q4 delivery data fell short of expectations, resulting in a loss of its title as the world's top electric vehicle seller to BYD, which reported a 27.86% increase in annual electric vehicle sales [22][25][26] - Foreign investment institutions maintain a positive outlook on Chinese assets, with predictions of a 38% increase in the Chinese stock market by the end of 2027, emphasizing structured investment opportunities in technology innovation, green energy, and high-end manufacturing [28]

Core Viewpoint - The U.S. stock market experienced mixed results on the first trading day of 2026, with the Dow Jones Industrial Average rising by 0.66% and the S&P 500 increasing by 0.19%, while the Nasdaq Composite saw a slight decline of 0.03% [1] Group 1: U.S. Stock Market Performance - The Dow Jones Industrial Average increased by 0.66% [1] - The S&P 500 index rose by 0.19% [1] - The Nasdaq Composite index decreased by 0.03% [1] Group 2: Chinese Stocks Performance - The Nasdaq China Golden Dragon Index surged by 4.38% [1] - Notable individual stock performances included Baidu Group rising over 15%, Pony.ai increasing over 10%, and Global Data rising nearly 10% [1] - Other significant gains were seen in Tiger Brokers (over 9%), JinkoSolar (over 8%), Bilibili and NetEase (over 7%), and Alibaba and Canadian Solar (over 6%) [1] Group 3: Cryptocurrency Market - Major cryptocurrencies experienced a collective increase, with Bitcoin surpassing the $90,000 mark [1] - Over the past 24 hours, more than 110,000 individuals faced liquidation in the cryptocurrency market [1]

Group 1 - The Hang Seng Index (HSI) closed at 26,445.95, up by 107.48 points or 0.41% as of January 2, 16:00 Eastern Time [1] - The highest price during the trading session was 26,472.92, while the lowest was 26,180.87, with a trading volume of 58.0567 million [1] - The HSI has a 52-week high of 27,275.90 [1] Group 2 - Major blue-chip stocks showed mixed performance, with HSBC Holdings closing at HKD 125.368, up 0.86% from the Hong Kong close [2] - Tencent Holdings closed at HKD 627.621, reflecting a 0.74% increase from the Hong Kong close [2] Group 3 - Tencent Holdings (code: 00700) latest price is HKD 623.000, with an increase of HKD 24.000 or 4.01% [3] - Alibaba Group (code: 09988) latest price is HKD 149.000, up by HKD 6.200 or 4.34% [3] - HSBC Holdings (code: 00005) latest price is HKD 124.300, increasing by HKD 1.900 or 1.55% [3] - Other notable stocks include AIA Group (code: 01299) at HKD 83.300, up 4.26%, and Baidu Group (code: 09888) at HKD 143.800, up 9.35% [3]

Market Overview - On the first trading day of 2026, US stock indices showed relatively calm closing fluctuations, with significant inflows into tech stocks and a collective surge in Chinese concept stocks, buoyed by a strong start in the Hong Kong market [1][3] - The S&P 500 index rose by 0.19% to 6858.47 points, the Nasdaq Composite fell by 0.03% to 23235.63 points, and the Dow Jones Industrial Average increased by 0.66% to 48382.39 points [1] Chinese Tech Stocks Performance - The Nasdaq China Golden Dragon Index surged by 4.38%, marking the largest single-day increase since May 12 of the previous year [3] - Notable Chinese tech stocks included Baidu, which rose by 15.03%, Alibaba up by 6.25%, Tencent ADR increasing by 5.23%, and Netease rising by 7.22% [3] AI Sector Developments - Investors are eagerly awaiting developments from DeepSeek, which recently published a paper on a new training method called "manifold constraint hyperconnection" (mHC), seen as a significant breakthrough [3] - This has led to speculation about the release of the next-generation flagship model from DeepSeek, reminiscent of past AI advancements [3] Performance of Major Tech Companies - Major tech companies had mixed performances, with Nvidia rising by 1.26% and Apple falling by 0.31%. Tesla experienced a decline for the seventh consecutive day [5] - The overall performance of tech giants was lackluster, with Microsoft down by 2.21% and Amazon down by 1.87% [5] Stock Movements in Various Sectors - Various thematic stocks saw significant trading activity, with Micron Technology up by 10.51% and Western Digital up by 8.96%, both reaching historical highs [6] - AI energy and storage concept stocks also performed well, with Bloom Energy rising by 13.58% and NuScale Power increasing by 15.17% [6] Electric Vehicle Market Update - Tesla reported Q4 delivery data that fell short of expectations, delivering 418,227 vehicles in the last quarter and losing its title as the global leader in electric vehicle sales to BYD, which sold 2.2567 million vehicles in 2025, a 27.86% increase from 2024 [7][8] Berkshire Hathaway Insights - Warren Buffett expressed confidence in Berkshire Hathaway's long-term prospects, suggesting a high likelihood of the company existing in a hundred years, with praise for his successor Greg Abel's capabilities [9] Retail Investor Performance - A report indicated that retail investors at Interactive Brokers achieved an average return of 19.2% in 2025, outperforming the S&P 500 index's return of 16.39% [9]