Market Overview - The software development sector experienced a decline of 2.01% on January 15, with Xinghuan Technology leading the drop [1] - The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index closed at 14306.73, up 0.41% [1] Stock Performance - Notable gainers in the software development sector included: - Shimu Information (002153) with a closing price of 16.14, up 10.02% and a trading volume of 711,000 shares, totaling 1.147 billion yuan [1] - Guanglianda (002410) closed at 15.70, up 5.58% with a trading volume of 2.1359 million shares, totaling 3.383 billion yuan [1] - Weide Information (688171) closed at 54.28, up 4.38% with a trading volume of 20,200 shares, totaling 10.7 million yuan [1] - Major decliners included: - Xinghuan Technology (688031) closed at 171.60, down 20.00% with a trading volume of 99,300 shares, totaling 1.776 billion yuan [2] - Zhongcheng Technology (920207) closed at 32.67, down 17.29% with a trading volume of 153,500 shares, totaling 519 million yuan [2] - Tongda Sea (301378) closed at 46.62, down 14.60% with a trading volume of 181,700 shares, totaling 844 million yuan [2] Capital Flow - The software development sector saw a net outflow of 8.982 billion yuan from institutional investors, while retail investors experienced a net inflow of 7.374 billion yuan [2][3] - Notable capital flows included: - Guanglianda (002410) had a net inflow of 460 million yuan from institutional investors, but a net outflow of 258 million yuan from retail investors [3] - Yoche Technology (688479) had a net inflow of 446.79 million yuan from institutional investors and a net inflow of 20.60 million yuan from retail investors [3]

Core Viewpoint - The A-share market experienced a collective decline, with the Shanghai Composite Index down by 0.44%, the Shenzhen Component Index down by 0.13%, and the ChiNext Index down by 0.42%. The financial technology ETF, Huaxia (516100), fell by 3.90% to a latest price of 1.527 yuan, with a trading volume of 1.09 billion yuan and a turnover rate of 8.43% [1] Group 1: Market Performance - As of January 14, the financial technology ETF Huaxia recorded a cumulative increase of 14.32% over the past two weeks, outperforming the Wind All A index, which rose by 5.80% during the same period [1] - The financial technology ETF Huaxia reached an intraday high of 1.648 yuan, marking a new high in nearly a month [1] Group 2: Valuation Metrics - The latest price-to-earnings ratio (PE-TTM) for the financial technology ETF Huaxia is 83.42, which is in the 73.97th percentile over the past year, indicating that the valuation is lower than 26.03% of the time in the past year, suggesting a moderate valuation [1] Group 3: Index Composition - The financial technology ETF Huaxia tracks the financial technology index (930986.CSI), with significant weightings in software development (49.81%), IT services II (24.05%), securities II (9.57%), computer equipment (9.40%), and communication equipment (3.99%) [2]

Core Viewpoint - The recent pullback of the Huabao Sci-Tech AI ETF (589520) after reaching a historical high is seen as a buying opportunity by investors, reflecting strong confidence in the domestic AI industry chain [1][3]. Group 1: ETF Performance - The Huabao Sci-Tech AI ETF (589520) experienced a decline of 2.71% after hitting a record high, with a trading volume exceeding 55 million yuan within half a day [1]. - Over the past three days, the ETF attracted a total of 121 million yuan in investments, indicating positive market sentiment towards the domestic AI industry chain [1]. Group 2: Component Stocks - Among the component stocks, Yaxin Security led with a gain of over 4%, while Hehe Information rose by more than 3%. Other notable gainers included Chipone Technology, Lattice Semiconductor, and Qi Anxin, each increasing by over 1% [3]. - Conversely, XH Technology saw a decline of nearly 20%, approaching its daily limit down, while Zhongke Shuguang and Haitan Ruisheng fell by over 18% and 11%, respectively, negatively impacting the index performance [3]. Group 3: Industry Developments - The Ministry of Industry and Information Technology recently issued a plan for the high-quality development of industrial internet platforms from 2026 to 2028, marking a new phase in China's industrial internet development [3]. - The plan introduces the concept of "industrial intelligence," emphasizing the deep integration of AI into the entire industrial chain, which is expected to revolutionize traditional manufacturing practices [3]. Group 4: AI Industry Outlook - The AI industry is transitioning from a focus on AIGC (Artificial Intelligence Generated Content) to applications in manufacturing, with the potential for AI to become a true productivity tool [3]. - According to CITIC Securities, the synergy between self-control and AI is expected to drive strong performance in related sectors by 2025, with this trend likely to strengthen further in 2026 [3]. Group 5: ETF Composition and Strategy - The Huabao Sci-Tech AI ETF (589520) is strategically diversified across four key segments: application software, terminal applications, terminal chips, and cloud chips, reflecting the current state of the AI industry chain [4]. - The ETF emphasizes domestic alternatives, with over 70% of its top ten holdings in the semiconductor sector, indicating a high concentration and aggressive positioning [5].

（文章来源：每日经济新闻） 每经AI快讯，1月15日，智能体指数盘中跌超2%，成分股呈现普跌态势。南兴股份、浙文互联跌停，星 环科技-U、值得买均跌超17%，拓尔思跌超9%。 ...

近日，多家上市公司先后陆续发布股票交易风险提示公告或股价异动公告。部分热门公司强调，公司股 票股价短期涨幅过大，估值严重偏离基本面，存在换手率较高的风险，提示投资者注意风险。其中，通 宇通讯日前提示风险称，公司基本面未发生重大变化，股票存在市场情绪过热及非理性炒作的情形。 格隆汇1月15日｜在一众公司不断提示风险之际，A股市场商业航天板块连续第三日出现回调。其中， 星环科技跌超15%，星图测控、天润科技跌超13%，佳缘科技、中科星图跌超12%，陕西华达跌超 11%，金风科技、通宇通讯、巨力索具、中国一重（维权）、雷科防务、海格通信、神剑股份、航天电 子、顺灏股份、盛洋科技等10CM跌停。 | 代码 | 名称 | | 涨幅% ↑ | 总市值 | 年初至今涨幅%。 | | --- | --- | --- | --- | --- | --- | | 688031 | 居W域技-( 1 | | -15.14 | 221亿 | 68.25 | | 920116 | 星图测控 | 1 | -13.10 | 203亿 | 50.14 | | 920564 | 天润科技 | -澳 | -13.27 | 28.25 乙 | 3 ...

Core Viewpoint - The commercial aerospace sector experienced a collective adjustment, with several stocks, including Yinhe Electronics and Haige Communications, hitting the daily limit down [1] Group 1: Stock Performance - Yinhe Electronics, Haige Communications, Tongyu Communication, Luxin Venture Capital, Juyi Sockets, and Oriental Communication all reached the daily limit down [1] - Guangha Communication, Xinghuan Technology, and Zhongke Xingtou saw declines exceeding 10% [1] - Jin Feng Technology and Aerospace Electronics approached the daily limit down [1]

注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 1月14日星环科技-U大宗交易一览 | 成交量 | 成交金 | 成交价 | 相对当日 | | | | --- | --- | --- | --- | --- | --- | | （万 | 额 | 格 | 收盘折溢 | 买方营业 | 卖方营业部 | | 股） | （万 | （元） | 价 | 部 | | | | 元） | | （%） | | | | 17.27 | 3668.53 | 212.40 | -0.98 | 机构专用 | 华泰证券股份有限公司深圳科苑路百度国际大厦证券 | | | | | | | 营业部 | 证券时报•数据宝统计显示，星环科技-U今日收盘价为214.50元，上涨11.04%，日换手率为14.65%，成 交额为29.26亿元，全天主力资金净流出3028.14万元，近5日该股累计上涨52.47%，近5日资金合计净流 入3.49亿元。 两融数据显示，该股最新融资余额为10.43亿元，近5日增加4.42亿元，增幅为73.40%。 据天眼查APP显示，星环信息科技(上海)股份有限公司成立于2013年06月05日，注册资本12113.5 ...

（文章来源：证券日报） 证券日报网讯 1月14日，星环科技发布公告称，公司A股股票连续9个交易日（2025年12月31日至2026年 1月14日）内收盘价格涨幅偏离值累计超过100%、连续27个交易日（2025年12月05日至2026年1月14 日）内收盘价格涨幅偏离值累计超过200%，属于股票交易严重异常波动情形。经公司自查并向控股股 东暨实际控制人及其一致行动人核实，截至本公告披露日，公司目前日常经营情况正常，未发生重大变 化，不存在应披露而未披露的重大信息。公司并不实际开展商业航天业务且与上海星环聚能科技有限公 司无关。公司目前正就AI数据库等相关技术开展前期研发与联合调优，上述工作尚处于初期探索阶 段，相关技术方案、应用场景及市场效益均存在不确定性，暂未对公司业绩产生重大影响，敬请广大投 资者理性看待。 ...

此次政策调整后，这部分增量资金将有所减少，对高波动板块如热门题材、小盘股等可能形成短期的资金面压制，面临一定的回调压力。对于依 赖融资资金推动股价的高融资个股而言，保证金比例上调后，新增融资的杠杆倍数从1.25倍降至1倍，投资者需投入更多自有资金才能获得相同 规模的融资额度。 根据Choice数据显示，近1个月融资余额增长在100%以上的高融资个股共有48只(剔除北交所个股)，近1个月融资余额增幅位居前三的分别是星 环科技-U、邵阳液压、美好医疗，同时也包括商业航天热门股：航天动力、金风科技等。另外，在近3个月行情中融资余额环比减少20%以上的 也有85只个股。 （ 点此领取名单 ） 本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 今日午间，沪深北三大交易所同步发布通知，宣布经中国证监会批准，将投资者融资买入证券时的融资保证金最低比例从现行的80%上调至 100%。意味着投资者进行融资交易时需要缴纳更多的自有资金作为保证金。 截至2026年1月13日，A股两融余额已达到2.67万亿元，创下历史新高，相比2024年年末的18541亿元，增加超8000亿元，是市场主要的增量资 金之一；2026年开 ...

截至1月14日收盘，MLOps概念上涨4.62%，位居概念板块涨幅第5，板块内，15股上涨，科大国创20% 涨停，拓尔思、星环科技、润和软件等涨幅居前，分别上涨15.22%、11.04%、6.98%。跌幅居前的有奥 比中光、中科创达、ST创意等，分别下跌1.42%、0.53%、0.13%。 今日涨跌幅居前的概念板块 资金流入比率方面，拓尔思、科大国创、宇信科技等流入比率居前，主力资金净流入率分别为 11.23%、7.09%、6.98%。（数据宝） MLOps概念资金流入榜 | 今日涨跌幅 | 代码 简称 | 今日换手率 | 主力资金流量（万 | 主力资金净流入比率 | | --- | --- | --- | --- | --- | | （%） | | （%） | 元） | （%） | | 15.22 | 300229 拓尔思 | 29.20 | 81590.52 | 11.23 | | 20.01 | 科大国 300520 创 | 38.38 | 37777.05 | 7.09 | | 6.98 | 润和软 300339 件 | 14.22 | 35365.58 | 5.54 | | 5.32 | 宇信科 3 ...