热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 铜：美元回落，铜价企稳 隔夜沪铜主力震荡收涨至102450元，伦铜收涨于13200美金附近。 宏观中性偏多。哈塞特称未来几个月就业人数将放缓，降息预期改善，美元走软提振铜价。 基本面中性。昨日上期所铜仓单减少3044吨至15.7万吨，LME铜累库1025吨至18.43万吨。Capstone智利Mantoverde铜矿工会已批准新的劳动合同，罢工活动 结束。 总体来看，节前国内资金谨慎，叠加海外宏观缺乏指引，预计短期铜价较难维持趋势性，或延续宽幅震荡。今日沪铜主力运行区间参考10.15万-10.35万元/ 吨。策略上，节前控制好仓位，可考虑布局双买期权；中长线逢低多配。 重要声明 本报告中的信息均来源于公开可获得资料，中信建投期货力求准确可靠，但对这些信息的准确性及完整性不做任何保证，据此投资，责任自负。本报告不构 成个人投资建议，也没有考虑到个别客户特殊的投资目标、财务状况或需要。客户应考虑本报告中的任何意见或建议是否符合其特定状况。（虞璐 彦/Z0023596，仅供参考） 铝：隔夜期货价格窄幅震荡，现货价格小幅企稳。消息面某北方氧化铝生产企业 ...

（责任编辑：郭健东 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 中信建投AI应用行业观点：依然坚定看好AI产业趋势下的投资机会。中信建投认为，AI在重塑各 行各业，包括业务落地层面的工作流，也包括竞争格局、商业模式。全栈AI布局的公司优势突出；护 城河较深、积极拥抱AI的公司生存空间相对较大；而创业公司迎来快速让创意/想法落地的极佳的时 代。 ...

Group 1 - The core viewpoint indicates that the automotive industry is experiencing pressure on passenger vehicle production and sales data for January, while heavy trucks and buses are performing better than expected [1] - Commercial vehicles, particularly exports, show relatively favorable market conditions and performance expectations [1] - The smart driving and robotics sectors are focused on developments related to Tesla, with several catalysts expected to materialize around March, including the full launch of FSD in China, the release of Optimus V3, a robot performance during the Spring Festival, and the mass production of Cybercab [1]

格隆汇2月10日｜中信建投指出，i茅台放量赋能，茅五回暖信号凸显。近期高端酒行业显著回暖，i茅 台成为核心驱动力，其平台上UMEET气泡酒新品首销成绩亮眼，资本市场中白酒股亦表现强势，中证 白酒指数触底后反弹超10%，龙头酒价企稳印证行业触底回升的周期规律。i茅台自1月上线500ml飞天 茅台后发展迅猛，单月新增用户628万、月活超1531万，成交转化效率可观，飞天订单占总订单量 67.45%，大幅降低普通消费者购酒门槛，成功激活了此前与茅台销售体系绝缘的消费群体。i茅台销售 与履约端表现俱佳，飞天成为营收核心支撑，新增发货仓后配送效率显著提升，线下门店交付也形成有 效补充；市场端需求持续旺盛，茅台3月飞天首批配额已售罄，第二批正申报，充分印证白酒行业真实 消费需求的释放。2026 年春节旺季五粮液终端动销超预期，市场需求持续火爆，核心单品表现亮眼。 目前，白酒板块估值处于历史低位，具备较强底部配置价值，同时关注消费政策催化。以业绩出清卸包 袱+强品牌支撑动销+强运营赋能渠道+新营销模式探索的底部配置逻辑。 ...

Group 1 - Lumentum has secured several hundred million dollars in CPO-related orders, expecting CPO revenue of approximately $50 million in Q4 2026, with a significant surge anticipated in the first half of 2027 [2][3][14] - The CPO supply chain is recommended for attention, including components such as optical engines, FAU, laser ELS, MPO, Shuffle box, and polarization-maintaining fibers [2][13] - The optical fiber industry has shifted to a phase of "tight supply and rising prices," with a focus on companies with optical rod capacity and those with significant or specialty fiber production [5][16] Group 2 - North American CSPs are showing strong growth in capital expenditures, with a total of $127 billion for Q4 2025, representing a 60% year-over-year increase and a 12% quarter-over-quarter increase [6][16] - Amazon, Google, and Meta have optimistic capital expenditure guidance for 2026, with a combined expected spending of approximately $505 billion, a 71% year-over-year increase [6][18] - The AI demand is robust, with Amazon's Q4 2025 capital expenditure at $39.5 billion, a 42% year-over-year increase, and an expected $200 billion in 2026, primarily directed towards AI [17] Group 3 - The domestic AI market is experiencing a "red envelope war," with Alibaba's promotional event generating over 10 million orders in just 9 hours, indicating a significant demand for AI resources [10][19] - By December 2025, the user base for generative AI in China is projected to reach 602 million, with a penetration rate of 42.8%, suggesting substantial growth potential [10][19] - 2026 is anticipated to be a pivotal year for AI applications, driving further growth in computational power and model training [10][19]

中信建投研报指出，政策红利集中释放，看好2026年上半年REITs市场的表现，聚焦"抗周期"、"高景 气"、"强扩募"三条主线，重视新政带来的结构性机遇：（1）分子端稳健，具备强抗周期属性的板块： 包括消费基础设施、政策性保租房、市政环保等板块。（2）符合国家战略方向的高景气度板块，如数 据中心板块，以及景气度边际修复的部分标的：包括部分仓储物流及高速公路项目。（3）受益于政策 导向公募REITs作为"资产上市平台"的长期战略价值，原始权益人扩募诉求强，储备资产优质的相关标 的。 ...

根据中国证监会《证券发行上市保荐业务管理办法》和《上海证券交易所上市公司自律监管指引第11号 ——持续督导》等有关法律法规的要求， 中信建投 证券股份有限公司（以下简称"中信建投""保荐 人"）作为合肥常青 机械 股份有限公司（以下简称" 常青股份 "或"公司"）向特定对象发行股票项目的 保荐人，于2026年2月2日至2月4日对常青股份2025年度有关情况进行了现场检查。 一、本次现场检查的基本情况 中信建投针对常青股份的实际情况制订了现场检查工作计划。为顺利实施本次现场工作，提高现场工作 效率，切实履行持续督导工作，中信建投提前将现场检查事宜通知常青股份，并要求公司提前准备现场 检查工作所需的相关文件和资料。 2026年2月2日至2月4日，中信建投保荐代表人根据事先制订的现场检查工作计划，采取与相关负责人员 沟通及询问、查阅公司部分原始凭证、募集资金台账及专户对账单、三会文件、公告文件等相关资料等 形式，对包括公司治理和内部控制情况、三会运作情况、募集资金使用情况、关联交易以及经营状况在 内的事项进行现场检查，并在前述工作的基础上完成本次现场检查报告。 二、对现场检查事项逐项发表的意见 （一）公司治理和内部 ...

公告送出日期:2026年02月10日 1 公告基本信息 ■ 注：本公告就中信建投景荣债券型证券投资基金A类基金份额（基金代码：017473）、C类基金份额 （基金代码：017474）的大额申购（含大额定期定额投资）业务进行限制，即自2026年2月12日起单日 每个基金账户单笔或累计申购（含定期定额投资）中信建投景荣债券A或中信建投景荣债券C的金额均 不应超过1万元。单日每个基金账户单笔或累计申购（含定期定额投资）中信建投景荣债券A或中信建 投景荣债券C的金额超过1万元（不含），基金管理人有权全部或部分拒绝。自2026年2月24日起，该基 金将恢复办理正常大额申购（含大额定期定额投资）业务，届时将不再另行公告。 2 其他需要提示的事项 如有疑问，请拨打基金管理人客户服务电话（4009-108-108）或登录基金管理人公司网站 （www.cfund108.com）获取相关信息。 特此公告。 中信建投基金管理有限公司 2026年02月10日 中信建投景和中短债债券型证券投资基金暂停大额申购（含大额定期定额投资）、大额转换转入公告 公告送出日期:2026年02月10日 1 公告基本信息 特此公告。 中信建投基金管理有 ...

Core Viewpoint - The onsite inspection conducted by CITIC Securities on Changqing Machinery Co., Ltd. confirmed that the company operates in compliance with relevant regulations and maintains good governance, internal controls, and financial practices [1][15]. Group 1: Onsite Inspection Overview - CITIC Securities developed a work plan for the onsite inspection of Changqing Machinery, which took place from February 2 to February 4, 2026, focusing on governance, internal controls, fundraising, and operational status [2]. - The inspection involved communication with responsible personnel, reviewing original documents, and analyzing various company records [2]. Group 2: Company Governance and Internal Controls - The inspection revealed that Changqing Machinery's governance structure is complete and compliant, with effective internal controls and execution [4]. - Following the implementation of the new Company Law, the company revised its governance system in August 2025, eliminating the supervisory board and transferring its functions to the audit committee [3][4]. Group 3: Information Disclosure - The inspection confirmed that the company's disclosed announcements align with actual circumstances, and there are no undisclosed matters or discrepancies [5]. Group 4: Independence and Related Party Transactions - Changqing Machinery has established systems to prevent fund occupation by controlling shareholders and related parties, with no violations found during the inspection [7]. Group 5: Fundraising and Usage - The inspection found that the management of fundraising complies with regulations, and there are no instances of fund occupation by controlling shareholders [8]. Group 6: Related Transactions and Investments - The company has adhered to regulations regarding related transactions, external guarantees, and significant investments, with no major violations identified [9]. Group 7: Operational Status - The company’s operational model remains stable, although it anticipates a loss for 2025 due to credit impairment losses and initial costs associated with new business ventures [10]. - The decline in performance is attributed to the bankruptcy restructuring of a key partner and increased operational costs from expanding the management and marketing teams [10]. Group 8: Compliance and Recommendations - The company has complied with commitments made and has not violated any agreements during the inspection period [12]. - Recommendations include continuing strict adherence to information disclosure requirements and ensuring timely updates on fundraising and project statuses [13]. Group 9: Reporting Obligations - No issues were found that necessitate reporting to the China Securities Regulatory Commission or the Shanghai Stock Exchange [14]. Group 10: Cooperation with Intermediaries - The company provided active cooperation during the inspection, facilitating the process without the involvement of other intermediaries [15].

Group 1 - The core point of the article is that Shenzhen Nanfei Microelectronics Co., Ltd. has filed for counseling registration with the Shenzhen Securities Regulatory Bureau on February 10, 2026, with CITIC Securities as the counseling institution [1] Group 2 - The company is preparing for a potential public offering or other capital market activities, indicating growth and expansion plans [1] - The involvement of CITIC Securities suggests a strategic partnership that may enhance the company's market positioning and investor confidence [1] - This move reflects the ongoing trend of technology companies in China seeking to access public capital markets for funding and development [1]