炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 天风研究 大类资产轮动展望：权益赛点2.0攻坚不易，波折难免。我们预计将保持政策连续性稳定性，增强灵活 性预见性，着力"四稳"。重视黄金，债券重点挖掘转债。新年第一会纷纷较去年有所提前，部委第一会 纷纷落地明确2026工作计划。我们预计年初会加速落实"十五五"纲要编制工作，落实落细更加积极的财 政政策和适度宽松的货币政策，进一步强化货币财政协同效应，"以我为主"，应对后续"特朗普不确 定"以及海外地缘政治风险升级的潜在影响，努力为"十五五"开好局。 海内外政策要闻 二十届中央纪律检查委员会第五次全体会议召开。中国共产党第二十届中央纪律检查委员会第五次全体 会议，于2026年1月12日至14日在北京举行。全会由中央纪律检查委员会常务委员会主持。会议审议通 过了李希同志代表中央纪委常委会所作的《以更高标准、更实举措推进全面从严治党，为实现"十五 五"时期目标任务提供坚强保障》工作报告。 国内外政策导向分析 上周（1.12-1.16）海外政策聚焦于习近平主席会见加拿大总理卡尼，本次会见后加拿大政府允许数万辆 中国电动车进入加拿大市场；世界银行 ...

每经头条（nbdtoutiao）——特朗普强要格陵兰岛，丹麦一养老基金率先清仓美债，美国资产全线下 跌！欧洲手握"金融核按钮"，双方会"鱼死网破"吗？专家解读→ （记者 张明双） 每经AI快讯，嘉欣丝绸发布公告称，2026年1月21日，嘉欣丝绸接受天风证券等投资者调研，公司董事 会秘书李超凡，证券事务助理朱诗佳参与接待，并回答了投资者提出的问题。 ...

Group 1 - The chemical sector is experiencing a strong upward trend, with the chemical ETF (516020) showing a price increase of 1.15%, aiming for a third consecutive daily gain [1][8] - Key stocks in the sector include Zhejiang Longsheng, which surged over 9%, and Sankeshu, which rose over 6%, along with other companies like Yaqi International and Hebang Bio, which increased by over 4% [1][8] - The basic chemical sector has seen significant inflows, with over 11.3 billion CNY in net inflows on a single day, ranking fourth among 30 sectors, and a total of 31.3 billion CNY over the past five days, ranking second [9][10] Group 2 - Dongfang Securities expresses optimism about the chemical industry, highlighting a collective shift in corporate strategies that could lead to improved market conditions [10] - The report identifies two key dimensions for investment opportunities: leading companies with significant market share and those with competitive advantages that can enhance profitability [10] - The report specifically favors five areas: MDI, petrochemicals, phosphate chemicals, PVC, and polyester bottle flakes [10] Group 3 - The chemical ETF (516020) tracks the CSI segmented chemical industry index, with nearly 50% of its holdings in large-cap leading stocks like Wanhua Chemical and Salt Lake Shares, while the other half focuses on various sub-sectors [11] - Investors can also access the chemical ETF through linked funds (Class A 012537/Class C 012538) for more efficient exposure to the sector [11]

格隆汇1月21日｜天风证券发表报告指，TCL电子预告2025年度的经调整净利润在23.3亿至25.7亿元之 间，按年增长45%至60%。基于2025年业绩达成情况超预期的基础上，该行认为2026年达成考核目标 28.1亿元的可能性较大。该行上调对TCL电子2025至2027年经调整净利润预测为24.7亿、28.8亿元及34.5 亿元，前值为23.4亿、28.4亿33.5亿元，对应动态市盈率分别为11.1倍、9.5、8倍，维持"买入"评级。 ...

Group 1 - The core viewpoint of the news is the collaboration between Changjiang Securities and Tianfeng Securities, both based in Hubei, as they jointly invest in a state-owned project totaling 30 million yuan [6][4]. - Changjiang Enterprise Management Research Institute was established on January 16, 2026, with a registered capital of 30 million yuan, focusing on various consulting services [2][7]. - The ownership structure of Changjiang Enterprise Management Research Institute includes Hubei Provincial Investment Company holding 66.67%, Changjiang Securities' subsidiary holding 16.67%, and Tianfeng Securities' subsidiary also holding 16.67% [3][8]. Group 2 - The collaboration between the two securities firms reflects a shift in the industry where local firms are choosing to work together rather than compete aggressively, indicating a more community-oriented approach [4][6]. - The establishment of the new institute and the joint investment signify a strategic move to leverage local resources and expertise in the evolving financial landscape [2][4].

Group 1 - Tianfeng Securities has been officially investigated by the China Securities Regulatory Commission for suspected violations of information disclosure and illegal financing as of November 28 [1][2][3] - Over 510,000 investors are entitled to protect their rights in the event of violations by the listed company, with nearly 1,000 investors already registered for compensation claims [1][3] - The investigation's progress will clarify the truth and assign responsibility, paving the way for investors to pursue legal claims [3] Group 2 - Historical financial misconduct involved the major shareholder "Dangdai System," which occupied significant funds from Tianfeng Securities through third parties between 2020 and 2022 [2][4] - The total fund occupation amounted to 1.475 billion yuan in 2020, 695 million yuan in 2021, and a remaining balance of 1.918 billion yuan at the beginning of 2022, with interest charges of 38.8153 million yuan during this period [2][3] - In 2023, Hongtai Group became the controlling shareholder of Tianfeng Securities, changing the company's nature to state-owned [4]

人民财讯1月20日电，企查查APP显示，近日，湖北长江企业管理研究院有限公司成立，法定代表人为 涂君山，注册资本3000万人民币，经营范围包括社会经济咨询服务、信息技术咨询服务、企业管理咨询 等。企查查股权穿透显示，该公司由湖北省投资公司、长江证券全资子公司长江证券创新投资（湖北） 有限公司、天风证券（601162）全资子公司天风创新投资有限公司共同持股。 ...

Group 1 - A new company, Hubei Yangtze River Enterprise Management Research Institute Co., Ltd., has been established with a registered capital of 30 million RMB [1] - The legal representative of the company is Tu Junshan, indicating a structured leadership [1] - The company's business scope includes social and economic consulting services, information technology consulting services, and enterprise management consulting [1] Group 2 - The company is jointly owned by Hubei Provincial Investment Company, Changjiang Securities Innovation Investment (Hubei) Co., Ltd., and Tianfeng Innovation Investment Co., Ltd., showcasing a collaborative investment approach [1]

Group 1 - A new company, Hubei Yangtze River Enterprise Management Research Institute Co., Ltd., has been established with a registered capital of 30 million RMB [1] - The legal representative of the company is Tu Junshan, indicating a structured leadership [1] - The company's business scope includes social and economic consulting services, information technology consulting services, and enterprise management consulting [1] Group 2 - The company is jointly owned by Hubei Provincial Investment Company, Changjiang Securities Innovation Investment (Hubei) Co., Ltd., and Tianfeng Innovation Investment Co., Ltd. [1]

Core Viewpoint - The article highlights the growing interest in solid-state batteries and materials technology, particularly in the context of the New Energy ETF on the ChiNext board, which saw a price increase of over 1% on January 19. Group 1: Solid-State Battery Technology - Solid-state batteries eliminate traditional electrolytes, utilizing polymer/oxide/sulfide systems as solid electrolytes, with sulfide materials showing the most potential for future development [1] - The solid-solid contact interface presents a key challenge, as micro-cracks and deformations may occur under high-pressure stacking and isostatic processes, potentially leading to internal short circuits and reduced lifespan, posing safety risks [1] Group 2: Lithium-Ion Battery Materials - Metal-organic frameworks (MOFs) exhibit significant potential in lithium-ion batteries due to their high specific surface area and porosity, which can enhance lithium-ion adsorption and transport, improving fast-charging performance and safety [1] Group 3: High-Performance Engineering Plastics - Polyether ether ketone (PEEK) is recognized for its lightweight, high strength, high-temperature resistance, and wear resistance, with expected accelerated penetration in humanoid robotics, aerospace, and new energy sectors [1] - The high technical barriers of PEEK production are primarily dominated by foreign companies, but the high added value of these products is driving gradual breakthroughs in domestic alternatives [1] Group 4: New Energy ETF Overview - The New Energy ETF (Guotai, 159387) tracks the Innovation Energy Index (399266), which has a daily price fluctuation limit of 20% [1] - The Innovation Energy Index focuses on the new energy sector and related industrial chains, emphasizing high growth and innovation capabilities, particularly in solar energy, wind energy, electric vehicles, and related services, reflecting technological advancements and market trends in the new energy industry [1]