【导读】上午 A 股三大指数高开低走，贵金属概念逆市大涨，商业航天、白酒等板块下挫 中国基金报记者 张舟 新的一周 A 股交易日开启，早盘市场走势一波三折。 三大股指高开后走出 "W" 形震荡行情，截至午间收盘，沪指报 4141.01 点，微涨 0.12% ；深证成指走弱，跌 0.74% ；创业板指同步下探，跌 0.86% 。 个股跌多涨少，全市场共有 3756 只个股下跌， 1606 只个股上涨， 50 只个股涨停。成交 额方面，沪深两市半日成交额达 2.24 万亿元，较上个交易日放量 3478 亿元。 盘面上，贵金属、石油天然气、大金融等板块涨幅居前；航天航空、计算机设备、电子化学 品等板块跌幅居前。 | | | Wind热门概念指数 | | | | | Wind中国行业指数 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 黄金珠宝 | 工业金属 | 稀有金属 | 镍矿 | 疫苗 | 贵金属 | 石油天然气 | 能源设备 | 基本金属 | 保険 | | 6.48% | 4.81% | 4.14% | 4.08% | ...

上周，微盘股指数连创历史新高，而沪深300、上证50等大盘股指数持续调整。 今天上午，两者强弱发生转换。大盘股走强，沪深300指数、上证50指数上涨，其中，上证50指数盘中最高涨超1.8%。微盘股指数、中证2000指数上午均 下跌，其中，中证2000指数下跌1.39%。 中国海油、紫金矿业、山东黄金、潍柴动力、中金黄金、中国铀业等大市值龙头股今日上午大涨，盘中股价均创历史新高。其中，紫金矿业、中国海油总 市值均超1万亿元，分别上涨6.28%、6.53%。 | 三是此业 | | | | | | --- | --- | --- | --- | --- | | 601899 ■ 唐殿通 LI | | | | | | 高 40.48 39.92 | | | 市值 1.06万亿 量比 | 2.85 | | 38.73 (EE | | | 流通 8223.9亿 换 | 2.23% | | 2.36 6.28% 开 | | | 38.74 市盈 23.30 额 181.42亿 | | | 港股 42.460 5.05% | | | H/A溢价率 -4.62% 溢价分析 | | | 同代目 唐诺 | | 异动解读:巨龙铜矿+ ...

Market Performance - The micro-cap stock index reached a historical high last week, while large-cap indices like the CSI 300 and SSE 50 experienced adjustments [1] - This morning, large-cap stocks strengthened, with the SSE 50 index rising over 1.8% at its peak, while the micro-cap index and the CSI 2000 index both declined, with the latter down 1.39% [1] - By the close of the morning session, the SSE index rose by 0.12%, while the Shenzhen Component Index and the ChiNext Index fell by 0.74% and 0.86%, respectively, with total market turnover exceeding 2.26 trillion yuan [3] Sector Performance - The non-ferrous metals sector showed strong performance, particularly in precious metals, with leading stocks like Zijin Mining and China Uranium Industry experiencing significant gains [4] - Several precious metal companies announced profit forecasts for 2025, with Zijin Mining expecting a net profit of 51 to 52 billion yuan, a year-on-year increase of 59% to 62% [7] - The insurance sector was active, with major companies like New China Life Insurance and China Pacific Insurance seeing collective gains, and New China Life Insurance rising over 4% [9][11] Catalysts for Growth - The rise in gold and silver prices is attributed to geopolitical factors and fluctuations in confidence towards U.S. assets, leading to increased demand for safe-haven assets like gold [7] - Three main catalysts for the non-ferrous metals sector include: 1. Recovery in manufacturing and inventory replenishment cycles, with PMI indicators returning to expansion [8] 2. Long-term demand reshaping due to green and technological trends, particularly in sectors like electric vehicles and renewable energy [8] 3. Liquidity expectations and financial attributes, with a favorable environment for precious metals due to anticipated interest rate cuts by the Federal Reserve [8]

战略资源地位凸显，国企保供责任突出 石油天然气作为全球核心一次能源，在消费比重中仍超60%，具有不可替代性。在能源自主战略下，国 内产量仍有增长空间。 在2021至2025年市场波动起伏的五年间，油气板块凭借稳健表现穿越牛熊，成为兼具战略价值与投资潜 力的核心资产。作为现代工业的"血液"，石油天然气不仅是保障国家能源安全的"压舱石"，更以高股 息、稳增长的特性成为市场"避风港"。1月19日，富国基金正式发行油气ETF富国（基金代码： 159148），该产品跟踪国证石油天然气指数（代码：399439），凭借"三桶油"超40%的权重占比与全产 业链覆盖优势，实现了2021-2025年连续五个自然年度正收益，为投资者提供了一键布局A股上游能源 核心资产、把握行业长期价值的便捷工具。 注：主要油气指数指有被动指数基金跟踪的指数，包括国证油气、油气资源、油气产业等。"三桶油"是 对中国石油天然气集团有限公司、中国石油化工集团有限公司、中国海洋石油集团有限公司的统称，下 属上市公司中国石油、中国石化、中国海油均在A股上市，业务同时涉及石油和天然气行业的上中下游 行业。 为什么2026年要关注A股油气？ 三重逻辑构筑硬核支 ...

记者｜黎雨桐 见习记者林芊蔚 编辑｜金珊 1月26日，A股市场早盘冲高回落。截至收盘，沪指涨0.12%，深成指跌0.74%，创业板指跌0.86%。沪深两市半日成交额超2.26万亿， 较上个 | 上证指数 | 深证成指 | 科创综指 | | --- | --- | --- | | 4141.01 | 14332.86 | 1864.01 | | +4.85 +0.12% -106.80 -0.74% -35.77 -1.88% | | | | 万得全A | 创业板指 | 北证50 | | 6857.67 | 3320.81 | 1573.21 | | -35.44 -0.51% -28.70 -0.86% -15.45 -0.97% | | | | 沪深300 | 中证500 | 中证A500 | | 4715.12 | 8522.32 | 5936.21 | | +12.63 +0.27% -67.85 -0.79% +1.10 +0.02% | | | | 中证1000 | 深证100 | 中证红利 | | 8365.64 | 5871.66 | 5654.38 | | -105.10 -1.24% | - ...

Group 1 - The core viewpoint of the news highlights the significant rise in oil and gas stocks, particularly China National Offshore Oil Corporation (CNOOC), which reached a historical high due to a winter storm impacting the U.S. and causing natural gas prices to surge above $6 per million British thermal units for the first time since 2022 [1] - The U.S. government has reportedly extracted 50 million barrels of oil from Venezuelan tankers and plans to send it to U.S. refineries, indicating a strategic move in the oil market amidst ongoing geopolitical tensions [1] - The China Securities Index for oil and gas (399439) saw a strong increase of 3.50%, with significant gains in constituent stocks such as Shun Oil (+10.02%), Potential Energy (+7.75%), and Zhongman Oil (+7.65%) [1] Group 2 - As of December 31, 2025, the top ten weighted stocks in the China Securities Index for oil and gas (399439) include major players like China National Petroleum, Sinopec, and CNOOC, collectively accounting for 67.11% of the index [2] - The oil ETF Penghua (159697) closely tracks the China Securities Index for oil and gas, reflecting the price changes of listed companies in the oil and gas sector on the Shanghai and Shenzhen stock exchanges [1][2]

Group 1 - The oil and gas sector showed strong performance, with China National Offshore Oil Corporation (CNOOC) rising over 6%, reaching a peak price of 33.49 CNY per share, marking a historical high and a total market capitalization exceeding 1.5 trillion CNY [1] - China Petroleum and China Petrochemical both increased by over 4%, while Tongyuan Petroleum surged over 14%, with other companies like Potential Energy and Shandong Molong also experiencing gains [1] - CNOOC's trading volume was reported at 50.92 million shares, with a total transaction amount of 1.669 billion CNY, reflecting a turnover rate of 1.70% [2] Group 2 - CNOOC's latest market value is approximately 1.58 trillion CNY, with a market earnings ratio of 11.65 [2] - The stock price of CNOOC opened at 31.90 CNY, with a daily high of 33.49 CNY and a low of 31.90 CNY [2] - The H-share price for CNOOC was reported at 23.480 HKD, reflecting a 4.63% increase [2]

1月26日，资源板块领衔冲高，油气板块震荡上行，截至10:48，油气ETF汇添富（159309）涨超3.8%，盘中价创历史新高，资金持续涌入油气板块，油气 ETF汇添富（159309）盘中吸金超2500万元！至此已经连续10日吸金超1亿元！ | 序号 | 代码 | 名称 | 申万一级行业 | 涨跌幅 | 估算权重 | | --- | --- | --- | --- | --- | --- | | 1 | 002353 | 杰瑞股份 | 机械设备 | 2.12% | 10.69% | | 2 | 600938 | 中国海油 | 石油石化 | 6.34% | 9.50% | | 3 | 600028 | 中国石化 | 石油石化 | 4.07% | 8.87% | | 4 | 601857 | 中国石油 | 石油石化 | 4.48% | 8.62% | | ਟ | 601872 | 招商轮船 | 交通运输 | 4.72% | 7.30% | | 6 | 600026 | 中远海能 | 交通运输 | 5.67% | 4.98% | | 7 | 600256 | 广汇能源 | 石油石化 | 4.58% | 4.92% ...

数据显示，交银施罗德基金旗下1只基金重仓中国海油。交银蓝筹混合（519694）四季度持有股数 122.48万股，占基金净值比例为3.14%，位居第十大重仓股。根据测算，今日浮盈赚取约202.09万元。 1月26日，中国海油涨5.25%，截至发稿，报33.05元/股，成交11.45亿元，换手率1.18%，总市值 15708.65亿元。 资料显示，中国海洋石油有限公司位于北京市东城区朝阳门北大街25号,香港花园道1号中银大厦65层， 成立日期1999年8月20日，上市日期2022年4月21日，公司主营业务涉及中国海洋石油有限公司是一家主 要从事原油和天然气的勘探、生产及销售的中国公司。该公司经营三个分部。勘探及生产分部从事常规 油气业务、页己油气业务、油砂业务和其他非常规油气业务。贸易业务分部从事原油转口贸易业务。公 司业务分部从事总部管理、资金管理以及研究开发等业务。该公司主要在中国、加拿大、美国、英国、 尼日利亚以及巴西等地开展业务。主营业务收入构成为：油气销售82.73%，贸易14.96%，其他(补 充)2.31%。 从基金十大重仓股角度 截至发稿，徐森洲累计任职时间1年18天，现任基金资产总规模33.03 ...

国际黄金、白银继续飙升，黄金突破5000美元，白银站上108美元，A股和港股的贵金属板块再度大涨。 1月26日，A股震荡调整，三大股指走势分化，在沪深300、上证50的推动下，沪指走高，创业板则一度跌1%，黄金 股再度爆发，太空光伏、商业航天概念股高开之后显著调整。港股高开低走，恒科指跌近2%，科网股普跌，黄金 股领涨，老铺黄金一度涨超12%。债市方面，国债期货普遍走低。商品方面，国内商品期货大面积上涨，金属期货 爆发，沪银涨超13%。核心市场走势： | 代码 | 名称 | 两日图 | 现价 | | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 000001 | 上证指数 | Inves | 4147.38 | 11.21 | 0.27% | | 399001 | 深证成指 | NA | 14379.86 | -59.79 | -0.41% | | 399006 | 创业板指 | W/ | 3335.09 | -14.41 | -0.43% | | 000300 | 沪深300 | mi | 4736.49 | 34.00 | 0.72% | | 000016 | ...