Core Viewpoint - The general retail sector experienced a significant increase of 2.46% on January 12, with Juran Zhijia leading the gains, reflecting positive market sentiment in the retail industry [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4165.29, up by 1.09% [1]. - The Shenzhen Component Index closed at 14366.91, up by 1.75% [1]. - Juran Zhijia's stock price rose to 3.28, marking a 10.07% increase, with a trading volume of 2.2853 million shares and a transaction value of 731 million yuan [1]. Group 2: Individual Stock Performance - Other notable performers included: - Maoye Commercial, closing at 7.69 with a 10.01% increase and a trading volume of 520,000 shares [1]. - Sanjiang Shopping, closing at 17.25 with a 10.01% increase and a transaction value of 1.16 billion yuan [1]. - Chongqing Department Store, closing at 29.01 with a 10.01% increase and a transaction value of 1.142 billion yuan [1]. - Dashang Co., closing at 20.05 with a 9.98% increase and a transaction value of 762 million yuan [1]. Group 3: Capital Flow - The general retail sector saw a net outflow of 257 million yuan from institutional investors, while retail investors contributed a net inflow of 299 million yuan [2]. - The capital flow for key stocks included: - Sanjiang Shopping had a net inflow of 277 million yuan from institutional investors, while retail investors had a net outflow of 130 million yuan [3]. - Juran Zhijia experienced a net inflow of 206 million yuan from institutional investors, with retail investors seeing a net outflow of 125 million yuan [3]. - Dashang Co. had a net inflow of 151 million yuan from institutional investors, with retail investors experiencing a net outflow of approximately 794 million yuan [3].

Group 1 - The retail concept is rapidly gaining traction, with Sanjiang Shopping hitting the daily limit up [1] - Maoye Commercial has achieved two consecutive trading limit increases [1] - Other companies such as Jiajia Yue, Chongqing Department Store, Dazhong Shares, Shanghai Jiubai, and Xinhua Department Store are also experiencing upward movement [1]

Core Insights - Shanghai has established itself as one of the top three "Best Business Cities in Mainland China" since 2014, showcasing strong performance in the retail sector [6][7] - In 2024, Shanghai's total retail sales of consumer goods reached 17,940.19 billion yuan, with a slight decline of 3.1% year-on-year [7] - The retail sales structure is dominated by brand specialty stores, online retail, and specialty shops, indicating a shift in consumer preferences [7][8] Retail Industry Overview - The retail industry is defined as the sale of goods directly to consumers for personal or public consumption, encompassing various formats such as supermarkets, convenience stores, and online shops [2] - Shanghai's retail sector is characterized by a diverse and multi-layered structure, catering to different consumer needs [4] Current Development Status - The retail industry plays a crucial role in the economy, influencing production, consumption, and employment [6] - In 2024, the retail sales figures for food, clothing, daily necessities, and fuel were 3,721.33 billion yuan, 4,341.81 billion yuan, 9,354.46 billion yuan, and 522.60 billion yuan respectively, with food sales showing a 1.6% increase year-on-year [7] Sales Trends and Consumer Behavior - Major retail formats such as brand specialty stores and online retail are experiencing growth, with online sales showing a significant increase during key holidays [8] - During the Spring Festival, total online and offline consumption reached 56.9 billion yuan, marking a notable year-on-year increase [8] Policy Environment - Shanghai has implemented various policies to optimize the retail environment, including the launch of a pilot program for retail innovation [9] - The city aims to enhance the retail sector's contribution to the economy through multi-dimensional reforms [9] Competitive Landscape - The retail market in Shanghai is highly competitive, with both international giants like Carrefour and local players like Bailian Group vying for market share [12] - The rise of e-commerce platforms such as Tmall and JD.com has intensified competition, impacting traditional retail businesses [12] Future Development Trends - The retail industry in Shanghai is expected to evolve towards "refined operations," "green sustainability," and "instant retail," driven by changing consumer demographics and preferences [12][16] - The increasing share of online retail sales indicates a significant shift in consumer shopping habits and a transformation in the retail landscape [16]

上海九百(600838)今日下跌2.53%，全天换手率28.55%，成交额15.80亿元，振幅14.04%。龙虎榜数据显 示，营业部席位合计净卖出6816.20万元。 上交所公开信息显示，当日该股因日换手率达28.55%上榜，营业部席位合计净卖出6816.20万元。 近半年该股累计上榜龙虎榜6次，上榜次日股价平均涨0.34%，上榜后5日平均涨4.55%。 资金流向方面，今日该股主力资金净流出9141.62万元，其中，特大单净流出2986.81万元，大单资金净 流出6154.81万元。近5日主力资金净流入7419.82万元。 融资融券数据显示，该股最新（1月8日）两融余额为3.60亿元，其中，融资余额为3.60亿元，融券余额 为42.27万元。近5日融资余额合计增加1.01亿元，增幅为38.77%。融券余额合计增加3.37万元，增幅 8.65%。 2025年10月28日公司发布的三季报数据显示，前三季度公司共实现营业收入6357.45万元，同比下降 3.81%，实现净利润2842.47万元，同比增长2.91%。（数据宝） 上海九百1月9日交易公开信息 | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额 ...

数据宝统计，截至14:48，上海九百成交额14.97亿元，创2016年8月25日以来新高。最新股价下跌 0.94%，换手率27.03%。上一交易日该股全天成交额为13.66亿元。（数据宝） （文章来源：证券时报网） ...

Core Viewpoint - Shanghai Jiubai announced that its stock price experienced a cumulative deviation of over 20% in closing price over three consecutive trading days from January 6 to 8, 2026, indicating significant volatility in its stock performance [2] Summary by Relevant Sections - **Stock Performance** The company's static price-to-earnings (P/E) ratio is 132.19, and the rolling P/E ratio is 146.60, both significantly higher than the retail industry averages of 28.54 and 28.30 respectively [2] - **Disclosure and Risk Warning** After conducting a self-examination and confirming with its controlling shareholder and actual controller, the company stated that there are no undisclosed significant matters, while also reminding investors to be cautious of high valuations and trading risks [2]

声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 责任编辑：小浪快报 此外，控股股东还在回函中声明，在上海九百股票交易异常波动期间，即2026年1月6日、1月7日及1月8 日，其没有买卖上海九百股票的情形发生。 点击查看公告原文>> 上海九百股份有限公司（以下简称"上海九百"）控股股东上海九百（集团）有限公司于2026年1月8日就 上海九百此前收到的《问询函》作出正式回函，就相关事项进行了说明。 回函内容显示，控股股东明确表示，截止目前不存在涉及上海九百的应披露而未披露的重大事项，具体 包括但不限于重大资产重组、股份发行、重大交易类事项、业务重组、股份回购、股权激励、破产重 整、重大业务合作、引进战略投资者等。同时，经向上海市静安区国有资产监督管理 ...

上海九百股份有限公司股票交易异常波动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性 承担法律责任。 重要内容提示： ●上海九百股份有限公司（以下简称"公司"）股票于 2026 年 1 月 6 日、1 月 7 日、1 月 8 日连续 3 个交易日内日收盘价格涨幅偏 离值累积超过 20%，根据《上海证券交易所交易规则》的有关规定， 属于股票交易异常波动。 证券代码：600838 证券简称：上海九百 编号：临 2026-001 ●截至 2026 年 1 月 8 日收盘，公司股票静态市盈率为 132.19， 滚动市盈率为 146.60，根据中证指数有限公司网站发布的数据，公 司所属的证监会行业分类之零售业最新(截至 2026 年 1 月 7 日)静态 市盈率为 28.54，滚动市盈率为 28.30，公司市盈率明显高于同行业 水平。 ●经公司自查，并向控股股东、实际控制人函证核实，截至本 公告披露日，公司及控股股东、实际控制人不存在涉及本公司的应 披露而未披露的重大信息。 ●近期公司股票价格波动幅度较大，敬请广大投资者理性投资， 注意风险。 一 ...

关于上海九百股份有限公司 《问询序》的回函 上海九百股份有限公司: 你司于 2026年1月8日送达的《问询函》已收悉,作为 控股股东现就你司问询的有关事项作出如下说明: 1、截止目前,不存在涉及你司的应披露而未披露的重大 事项,包括但不限于重大资产重组、股份发行、重大交易类 事项、业务重组、股份回购、股权激励、破产重整、重大业 务合作、引进战略投资者等重大事项。 2、经我司向上海市静安区国有资产监督管理委员会问 询,也不存在应披露而未披露的重大事项。 3、在你司股票交易异常波动期间(即2026年1月6日、 1月7日、1月8日）没有买卖你司股票的情形发生。 特此说明。 上海力值 有限公司 集团) 2026年1月8日 ...

Group 1 - The general retail sector increased by 0.62% compared to the previous trading day, with Shanghai Jiubai leading the gains [1] - The Shanghai Composite Index closed at 4082.98, down 0.07%, while the Shenzhen Component Index closed at 13959.48, down 0.51% [1] - Shanghai Jiubai's stock price rose by 10.00% to 13.86, with a trading volume of 1.061 million shares and a transaction value of 1.366 billion [1] Group 2 - The general retail sector experienced a net outflow of 863 million in main funds, while retail funds saw a net inflow of 762 million [2] - The stock of Xujiahui decreased by 2.02% to 9.22, with a trading volume of 246,500 shares and a transaction value of 227 million [2] - The stock of Zhejiang Dongri fell by 1.92% to 61.97, with a trading volume of 42,700 shares and a transaction value of 266 million [2] Group 3 - Sanjiang Shopping experienced a net outflow of 25.14 million in main funds, with a net inflow of 22.67 million from retail funds [3] - The stock of All New Good saw a net inflow of 13.13 million in main funds, while retail funds had a net outflow of 675,030 [3] - The stock of Dalian Friendship had a net inflow of 9.11 million in main funds, with a net outflow of 429,850 from retail funds [3]