大和发布研报称，近日重新审视其A+H股的估值溢价策略，该策略通过筛选溢价处于最低10%区间的 A+H股，用于构建月度A股投资组合，指出当整体A+H溢价迅速收窄时，该策略通常能相对于沪深港通 中国A股溢价指数得出相对强劲的回报。 该行又指出，不少海外投资者对中国科技公司的兴趣持续增加，但因地缘政治忧虑，投资者普遍倾向持 有H股，预期外资回流将会驱动流通市值远低于其A股对应股份的H股，包括宁德时代（300750） (03750)(300750.SZ)等，完成两地上市后股价或快速上升，反过来为其A股带来重新评级的机会。 大和表示，最新结果显示即使在估值差距扩大或A股市场跑赢港股时，该投资策略亦表现良好，在过去 两个月累计相对回报由约90%提升至107.5%，相信主要来自全球金属价格上涨及中国近期工程机械的更 新周期，令洛阳钼业（603993）(03993)(603993.SH)、紫金矿业（601899）(02899)(601899.SH)、三一重 工（600031）(06031)(600031.SH)及潍柴动力（000338）(02338)(000338.SZ)等材料及工业股显著受惠。 ...

格隆汇1月20日丨根据联交所最新权益披露资料显示，2026年1月14日，三一重工(06031.HK)遭JPMorgan Chase & Co.以每股均价24.2006港元减持好仓45.75万股，涉资约1107.2万港元。 减持后，JPMorgan Chase & Co.最新持好仓数目为79,245,999股，持好仓比例由11.06%下降至10.99%。 (相关资料图) ...

追加内容 本文作者可以追加内容哦 ! | REAL PRESS | 大股東/董事/最高行政人員名 作出披露的 買入 / 賣出或涉及的 每股的平均價 | | | | | 持有權益的股份數目 佔已發行的 有關事件的日期在 | | --- | --- | --- | --- | --- | --- | --- | | | 股份數目 | 层类 | | | 語參閱 - 亦 * 註 | 有投票權股(日/月/年) * | | | | | | | | 份自分比 | | CS20260119E00517 | JPMorgan Chase & Co. | 1201(L) | 457,492(L) | HKD 24.2006 | 79.245.999(L) | 10.99(L)14/01/2026 | | | | | | | 4.329,588(S) | 0.60(S) | | | | | | | 34.625,011(P) | 4.80(P) | 格隆汇1月20日丨根据联交所最新权益披露资料显示，2026年1月14日，三一重工(06031.HK)遭JPMorgan Chase & Co.以每股均价24.2006港元减持好仓45. ...

| RESER | 大股東/董事/最高行政人員名 作出披露的 買入 / 賣出或涉及的 每股的平均價 | | | | | 持有權益的股份數目 佔已發行的 有關事件的日期有 | | --- | --- | --- | --- | --- | --- | --- | | | | | 版 分享 三 | | (清参閱 上述 * 註 | 有投票權股(日/月/年) 材 | | | | | | | | 分自分比 | | CS20260119E00517 | JPMorgan Chase & Co. 457,492(L) | 1201(L) | | HKD 24.2006 | 79.245.999(L) | 10.99(L) 14/01/2026 | | | | | | | 4,329,588(S) | 0.60(S) | | | | | | | 34.625,011(P) | 4.80(P) | 格隆汇1月20日丨根据联交所最新权益披露资料显示，2026年1月14日，三一重工(06031.HK)遭JPMorgan Chase & Co.以每股均价24.2006港元减持好仓45.75万 股，涉资约1107.2万港元。 减持后， ...

同壁财经讯，企查查数据显示，根据《沪东中华造船（集团）有限公司汽车吊结果公告》，三一重工股 份有限公司于2026年1月19日公告中标沪东中华造船（集团）有限公司采购项目，中标金额为304.00万 元。 三一重工（600031.SH）2024年营业收入为783.83亿元，营业收入增长率为5.90%，归属母公司净利润为 59.75亿元，归属母公司净利润增长率为31.98%，净资产收益率为8.54%。 三一重工（600031.SH）2024年营业收入为783.83亿元，营业收入增长率为5.90%，归属母公司净利润为 59.75亿元，归属母公司净利润增长率为31.98%，净资产收益率为8.54%。 2025年上半年公司营业收入为447.80亿元，营业收入增长率为14.64%，归属母公司净利润为52.16亿 元，归属母公司净利润增长率为46.00%。 同壁财经讯，企查查数据显示，根据《沪东中华造船（集团）有限公司汽车吊结果公告》，三一重工股 份有限公司于2026年1月19日公告中标沪东中华造船（集团）有限公司采购项目，中标金额为304.00万 元。 相关上市公司：三一重工(600031.SH) 相关上市公司：三一重工( ...

美丽的格陵兰岛变得不太平静 美欧"互抽" 双方市场均现"战略缝隙" 这场冲突形成了双向削弱。对于欧洲制造商而言，打击是直接的。其市场本就疲弱——2024年销量暴跌 19%，而美国是其最大出口市场，占据超四分之一的出口额。美国关税一旦落地，其产品将面临15%至 50%的成本激增，竞争力必然大幅折损。 然而，美国的市场也绝非铁板一块。欧盟规模可观的反制措施，同样会抬高美国本土工程机械品牌在欧 洲市场的销售与运营成本。 鹬蚌相争 渔翁可得利否？ 当美国为"彻底购买"格陵兰岛而举起关税大棒，威胁对欧洲8国商品加征最高25%的关税时，欧盟已准 备好近930亿欧元的反制清单。 这场跨大西洋的"友尽"互抽，瞬间动摇了全球供应链的稳定格局，也为旁观的中国工程机械行业，投下 了一颗充满变数的棋子。 更重要的是，当美欧企业都将大量精力和资源耗费在应对这场"内战"、消化额外成本并巩固本土防御 时，它们在全球其他高增长市场（如南美、东南亚）的投入与扩张步伐就可能在客观上受到牵制。这种 因"内耗"而产生的全球战略收缩与反应迟缓，正是外部竞争者可以捕捉的"虚"。 手握三张牌 中国制造的"入"有底气 市场裂缝出现，但唯有硬实力才能穿越。今 ...

香港联交所最新数据显示，1月14日，小摩减持三一重工（600031）(06031)45.7492万股，每股均价 24.2006港元，总金额约为1107.16万港元。减持后最新持股数目约为7924.6万股，持股比例为10.99%。 ...

智通财经APP获悉，香港联交所最新数据显示，1月14日，小摩减持三一重工(06031)45.7492万股，每股 均价24.2006港元，总金额约为1107.16万港元。减持后最新持股数目约为7924.6万股，持股比例为 10.99%。 ...

Investment Rating - The report maintains a "Recommended" rating for the mechanical industry, with a focus on mining equipment, AI devices, and consumables [1]. Core Insights - The mechanical industry is expected to enter a new recovery cycle driven by monetary and fiscal policies, with significant capital expenditure anticipated in mining due to rising prices of non-ferrous metals [6][8]. - The AI sector is experiencing rapid growth, leading to increased demand for high-performance servers, GPUs, and advanced PCBs, which are critical for AI applications [6][20]. - The report highlights key companies in various segments, including industrial control, robotics, machine tools, and testing industries, suggesting a broad range of investment opportunities [6][8]. Summary by Sections Industry Overview - The mechanical industry comprises 636 listed companies with a total market capitalization of approximately 70,956.73 billion yuan and a circulating market value of about 58,998.75 billion yuan [3]. Company Profit Forecasts and Valuations - Several companies are highlighted with strong profit forecasts and investment ratings, including: - Huichuan Technology (300124.SZ): EPS forecasted at 2.11 yuan for 2025, with a strong buy rating [2]. - Falan Technology (603966.SH): EPS forecasted at 0.60 yuan for 2025, with a strong buy rating [2]. - Xinjie Electric (603416.SH): EPS forecasted at 1.83 yuan for 2025, with a strong buy rating [2]. - Other notable mentions include companies like Anhui Heli (600761.SH) and Sany Heavy Industry (600031.SH), both receiving strong buy ratings [2]. Market Performance - The mechanical sector has shown a positive performance with a 1.4% increase in the index, while the overall market performance varied across different indices [10][13]. - The 3C equipment segment experienced the highest growth at 14.4%, indicating strong demand in this area [11]. Investment Recommendations - The report suggests focusing on companies that are well-positioned to benefit from the AI wave, such as: - Dingtai High-Tech and Zhongtung High-Tech in the consumables sector [20][21]. - Dazhu CNC and Xinqi Micro-Assembly in the equipment sector [20]. - The report emphasizes the importance of high-end equipment and consumables in the PCB market, projecting significant growth in this area [20][21]. Key Data Tracking - The report includes macroeconomic indicators and industry-specific data, such as the manufacturing PMI and fixed asset investment growth rates, which are crucial for understanding the industry's health [32][36].

Investment Rating - The SW Machinery Equipment Index increased by 1.91% during the week of January 12-16, 2026, ranking 5th among 31 primary industry categories [3][13]. - Year-to-date, the SW Machinery Equipment Index has risen by 7.40%, ranking 7th among the same categories, while the CSI 300 Index increased by 2.20% [16]. Core Insights - Emphasis on the potential of SpaceX's chain and 3D printing in rocket technology, with a significant increase in satellite frequency resource applications in China [5][23]. - The engineering machinery sector is expected to experience a major upward cycle, with December sales figures exceeding expectations for both domestic and export markets [5][24]. - The AI upgrade potential in CNC systems is highlighted, particularly with the domestic leader Huazhong CNC, which is positioned to leverage AI for performance improvements [5][24]. Summary by Sections Market Review - The SW Machinery Equipment Index's performance during the week and year-to-date is noted, with specific rankings against the CSI 300 Index [3][16]. Core Insights Update - The report discusses the advancements in 3D printing technology in the aerospace sector, the robust demand for engineering machinery, and the growth potential of AI in CNC systems [5][24]. Key Data Tracking - General machinery sector remains under pressure, while engineering machinery shows accelerated growth, and railway equipment maintains steady growth [25][35][45]. - The shipbuilding sector is experiencing a slowdown, while oil service equipment is stabilizing at the bottom [49][51]. Industry Dynamics - The report outlines significant developments in various sectors, including the successful launch of new technologies and projects in the general machinery and robotics fields [60][62][64].