Group 1 - The article highlights the top 20 stocks in the S&P China A-Share Dividend Opportunity Index (CSPSADRP) based on their daily and year-to-date performance as of January 21, 2026 [1][5] - Weichai Power (000338.SZ) leads with a daily increase of 4.44% and a year-to-date increase of 31.16%, with a dividend yield of 3.25% [1][5] - Other notable performers include Daimei Co. (603730.SH) with a daily increase of 4.17% and a year-to-date increase of 22.72%, and Jiufeng Energy (605090.SH) with a daily increase of 3.63% and a year-to-date increase of 14.69% [1][5] Group 2 - The overall dividend yield for the index is reported at 4.76%, with a price-to-book ratio of 1.34 times and a historical price-to-earnings ratio of 11.75 times, while the expected price-to-earnings ratio is 11.07 times [2] - The data is sourced from the Shanghai Stock Exchange and reflects the closing prices as of January 21, 2026, with the dividend yield calculated up to January 20, 2026 [2]

1月21日，现货、期货黄金双双突破4800美元/盎司关口，再创历史新高。截至13时50分，伦敦金现报4874.105美元/盎司，上涨2.33%；COMEX黄金报 4878.5美元/盎司，上涨2.36%。 新年首月，现货黄金涨幅已超8% 有机构预测2026年金价将达到6600美元/盎司 世界黄金协会1月15日发布的数据显示，2025年金价共计53次刷新历史纪录。新年首月，现货黄金涨幅已超8%，涨逾380美元。 1月15日，世界黄金协会数据显示，2025年，金价屡次刷新历史纪录，推动全球投资者以前所未有的资金规模配置实物黄金ETF，北美地区为主要驱动 力；全年的全球黄金ETF流入规模增至890亿美元，全球黄金ETF资产管理总规模（AUM）增长至5590亿美元，双双刷新历史纪录，总持仓攀升至4025吨 的历史峰值。 2025年12月，全球黄金ETF连续第七个月实现资金净流入，当月流入约100亿美元；全球黄金ETF资产管理总规模增长5%，总持仓增长2%。 在多重因素影响下，华尔街机构对2026年金价的预测整体呈现出"高位震荡、长期看涨"的基调，核心目标价则出现一定程度的分化。其中，杰富瑞集团最 为激进，认为将达到66 ...

Market Overview - The jewelry sector increased by 1.75% on January 21, with Jin Yi Culture leading the gains [1] - The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1] Individual Stock Performance - Jin Yi Culture (002721) closed at 3.34, up 5.36%, with a trading volume of 965,200 shares and a turnover of 313 million yuan [1] - ST XinHuaJin (600735) rose by 4.98% to 5.90, with a trading volume of 21,700 shares and a turnover of 12.8 million yuan [1] - Man Ka Long (300945) increased by 4.24% to 18.70, with a trading volume of 297,700 shares and a turnover of 547 million yuan [1] - Cuihua Jewelry (002731) saw a 3.67% rise to 13.56, with a trading volume of 233,100 shares and a turnover of 312 million yuan [1] - Mingpai Jewelry (002574) rose by 3.45% to 6.29, with a trading volume of 549,100 shares and a turnover of 341 million yuan [1] Capital Flow Analysis - The jewelry sector experienced a net inflow of 168 million yuan from institutional investors, while retail investors saw a net outflow of 175 million yuan [2] - Major stocks like Man Ka Long and Jin Yi Culture had significant capital movements, with Man Ka Long seeing a net inflow of 59.33 million yuan from institutional investors [3] - Deep China A (000017) had a net inflow of 43.30 million yuan from institutional investors, while retail investors had a net outflow of 73.07 million yuan [3]

目前，中国黄金足金饰品价格已突破1500元，报1506元/克。 1月21日，现货黄金价格再次上涨，突破4800美元/盎司。随着国际金价节节攀升，国内金饰价格也出现大幅上涨。 生生金宝 此外，多家品牌金饰价逼近1500元。 其中，老凤祥足金饰品报1498元/克，较1月20日1456元/克涨42元/克。周生生足金饰品报1495元/克，较1月20日1454元/克涨41元/克。老庙黄金足金饰品报 1493元/克，较1月20日1455元/克涨38元/克。 1346元 图小区 市品金条 换购服务 暂不设 860 元 950 换购服务 部分产品工费另计 Copyright @ 老凤祥广东品牌管理中心 All Rights Reserved. 粤ICP备17083237号-1 图 牛牛 (hom Sano Sano Sano 中国大陆金价(每克) 足金饰品 工艺金片 950铂金饰品 甄选之礼 广品放复 价格 (人民币/克) 1493.00 860.00 2026年1月21日 以上为上海区域金价,全国其它地区请以门店每日公示金价为准。感谢您的支持,祝您生活愉快,好运莲莲 名称 足金饰品 铝金饰品 工艺金条 1318.00 来源 ...

Core Viewpoint - The meeting between the China Gold Association and the World Gold Council focuses on collaboration for the year 2026, aiming to enhance the international influence of the Chinese gold market and promote the development of the gold and jewelry industry in Sanya [1] Group 1 - The China Gold Association emphasizes the need to align with local industrial upgrade demands for 2026 [1] - There is a plan to leverage the World Gold Council's international resources to help Sanya become a highland for the international gold and jewelry industry [1] - The collaboration aims to build a distinctive regional industrial cluster with prominent advantages [1] Group 2 - The focus is on global industrial collaboration, with efforts to create a high-end international exchange and cooperation platform [1] - The initiative seeks to guide Chinese gold enterprises to deeply integrate into the global industrial chain, supply chain, and value chain [1] - The goal is to continuously enhance the international influence and voice of the Chinese gold market [1]

Group 1: Key Insights on Precious Metals - The upward momentum for precious metals, particularly gold, is strong, with London gold prices reaching $4,611.05 per ounce, an increase of $117.20 per ounce from the previous week, reflecting a rise of 2.59% [2] - The market is closely monitoring the Federal Reserve's upcoming meeting, with a 95% probability of a 25 basis point rate cut anticipated in January [2][3] Group 2: Key Insights on Copper and Aluminum - Copper prices are experiencing high-level consolidation, with LME copper closing at $12,925 per ton, down $65 per ton, a decrease of 0.50% [4] - Domestic copper inventory is reported at 213,515 tons, showing an increase of 4,600 tons from January 9, while SHFE inventory also reflects a similar trend [4] - Aluminum prices are at 24,000 yuan per ton, down 60 yuan, with LME aluminum inventory at 488,000 tons, a decrease of 9,825 tons [6] Group 3: Key Insights on Tin and Antimony - Domestic refined tin prices are at 41,4640 yuan per ton, up 639.40 yuan per ton, indicating a positive trend [8] - Antimony prices have rebounded, with domestic antimony ingot prices increasing by 0.2 million yuan per ton from January 9 [10] Group 4: Investment Ratings and Recommendations - The copper industry maintains a "recommended" investment rating due to ongoing tightness in copper supply [13] - The aluminum industry also holds a "recommended" investment rating, supported by rigid supply dynamics [14] - The tin industry is rated "recommended" as supply constraints are expected to support tin prices [14] - The antimony industry is rated "recommended" following a rebound in prices after a six-month decline [14] Group 5: Stock Recommendations - Recommended stocks in the gold sector include Zhongjin Gold (600489), Shandong Gold (600547), and China National Gold (600916) [15] - In the copper sector, recommended stocks include Zijin Mining (601899) and Western Mining (601168) [15] - For aluminum, recommended stocks are Shenhuo Co. (000933) and Yunnan Aluminum (000807) [15] - In the tin sector, recommended stocks include Tin Industry Co. (000960) and Hunan Gold (002155) [15]

Group 1 - The core viewpoint of the news is that the price of gold has surged, breaking the $4700 per ounce mark, reaching a new historical high of $4702.14 per ounce, with a 0.67% increase [1] - Short-term outlook for gold and silver remains bullish due to ongoing geopolitical risks and uncertainties surrounding the Federal Reserve's independence, as well as a physical shortage of silver [1] - The recent increase in precious metals is attributed to heightened risk aversion following the U.S. announcement of tariffs on European countries and the criminal charges against Federal Reserve Chairman Powell, which challenge the Fed's independence and impact the credibility of the dollar [1] Group 2 - Gold mining stocks have shown recovery, with Ji Hai Gold rising by 6.4% to HKD 1.33, Zijin Gold International increasing by 3% to HKD 175.2, China Gold International up by 1.57% to HKD 194.1, and Shandong Gold rising by 1.41% to HKD 43.14 [2]

1月20日，据中国黄金集团有限公司纪委、河南省纪委监委消息：中国黄金集团香港有限公司党委委 员、副总经理关士良涉嫌严重违纪违法，目前正接受中国黄金集团有限公司纪委纪律审查和河南省三门 峡市监察委员会监察调查。 ...

Group 1 - The core issue involves the investigation of Guan Shiliang, a member of the Party Committee and Deputy General Manager of China National Gold Group Hong Kong Co., Ltd, for serious violations of discipline and law [1] - The investigation is being conducted by the Discipline Inspection Commission of China National Gold Group Co., Ltd and the Supervisory Committee of Sanmenxia City, Henan Province [1]

Core Viewpoint - The article discusses the significant increase in gold prices over the past year, which has led to a rise in domestic gold and jewelry retail sales, despite a decline in actual consumer demand for gold products [3][18]. Group 1: Gold Price and Retail Sales - International gold prices surged over 60% in the past year, with domestic gold prices reaching new highs, contributing to a 12.8% increase in retail sales of gold and jewelry, amounting to 373.6 billion yuan in 2025 [3][5]. - The overall retail sales of consumer goods in December 2025 were 45,136 billion yuan, showing a modest growth of 0.9% year-on-year, while retail sales excluding automobiles grew by 1.7% [5]. Group 2: Consumer Behavior and Market Trends - Despite the increase in gold prices, consumer demand for gold jewelry has weakened, with a 7.95% year-on-year decline in gold consumption, and a 32.5% drop in gold jewelry consumption in the first three quarters of 2025 [7][8]. - Retailers are experiencing pressure, as evidenced by major companies like Chow Tai Fook reporting a 1.1% decline in revenue for the first half of the fiscal year 2026, while another company, Mengjin Garden, reported a net loss despite a revenue increase [9][10]. Group 3: Market Polarization - The gold retail market is showing signs of polarization, with traditional brands struggling while high-end brands like Lao Pu Gold are thriving, attracting younger consumers willing to pay a premium for unique and emotional products [12][15]. - Lao Pu Gold has seen significant demand, with reports of long queues at their stores during peak shopping periods, and projections of a 224% increase in net profit for 2025 [13][15]. Group 4: Future Outlook - The World Gold Council predicts that gold prices could rise by 15% to 30% in 2026, with optimistic forecasts suggesting prices may exceed $5,100 per ounce by the end of 2026 [18].