Core Viewpoint - The average stock price of the STAR Market is 48.62 yuan, with significant price variations among stocks, indicating a robust market performance and investor interest in high-value stocks [1]. Group 1: Stock Performance - A total of 441 stocks on the STAR Market rose today, while 151 declined, reflecting overall positive market sentiment [1]. - The highest closing price was recorded by Cambrian-U at 1353.87 yuan, which increased by 0.81% [1]. - Among stocks priced over 100 yuan, the average increase was 2.52%, with notable gainers including Longxin Technology and Chipone Microelectronics [1]. Group 2: Price Premiums - The average premium of stocks priced over 100 yuan relative to their issue price is 524.18%, with the highest premiums seen in companies like Shuwei New Materials and Anji Technology [1]. - The premium rates for these companies are 6144.67%, 2186.27%, and 2002.61% respectively, indicating strong investor confidence [1]. Group 3: Industry Concentration - The majority of stocks priced over 100 yuan are concentrated in the electronics, computer, and machinery sectors, with 48, 13, and 12 stocks respectively [1]. Group 4: Capital Flow - The net inflow of main funds into stocks priced over 100 yuan today was 35.98 billion yuan, with leading inflows from Haiguang Information and SMIC [2]. - Conversely, the stocks with the highest net outflows included Zhenlei Technology and Baiwei Storage, with outflows of 406.05 million yuan and 326.70 million yuan respectively [2]. Group 5: Margin Trading - The total margin balance for stocks priced over 100 yuan is 127.72 billion yuan, with Cambrian-U and SMIC having the highest balances of 15.18 billion yuan and 13.27 billion yuan respectively [2].

主力资金净流出的行业有17个，电力设备行业主力资金净流出规模居首，全天净流出资金66.88亿元， 其次是国防军工行业，净流出资金为29.06亿元，净流出资金较多的还有食品饮料、传媒、商贸零售等 行业。 沪指1月21日上涨0.08%，申万所属行业中，今日上涨的有18个，涨幅居前的行业为有色金属、电子， 涨幅分别为2.79%、2.62%。电子行业位居今日涨幅榜第二。跌幅居前的行业为银行、煤炭，跌幅分别 为1.58%、1.57%。 电子行业今日上涨2.62%，全天主力资金净流入163.69亿元，该行业所属的个股共476只，今日上涨的有 393只，涨停的有17只；下跌的有78只。以资金流向数据进行统计，该行业资金净流入的个股有285只， 其中，净流入资金超亿元的有59只，净流入资金居首的是工业富联，今日净流入资金14.86亿元，紧随 其后的是海光信息、华天科技，净流入资金分别为13.01亿元、12.08亿元。电子行业资金净流出个股 中，资金净流出超亿元的有15只，净流出资金居前的有信维通信、香农芯创、蓝思科技，净流出资金分 别为16.92亿元、7.47亿元、4.38亿元。（数据宝） 电子行业资金流入榜 资金面上看，两 ...

Group 1 - The Hang Seng Tech Index experienced a significant increase, with a peak rise of 1.7% [1] - Notable individual stocks included Kuaishou and Hua Hong Semiconductor, both rising over 5% [1] - Baidu Group and Tongcheng Travel saw increases of over 4%, while SMIC and Alibaba Health rose over 3% [1] Group 2 - Alibaba, BYD Electronics, Bilibili, Sunny Optical, and BYD Company all recorded gains exceeding 2% [1]

今日（1月21日）科创板大涨，创业板亦有亮眼表现，覆盖科创板+创业板高成长龙头的硬科技宽基——双创龙头ETF（588330）场内价格盘中涨超3.1%， 现涨2.51%。 | 序号 | 名称 | 涨跌幅 | 两日图 | 申万一级行业 | 由万 级行业 | 由万三级行业 | 总市值 | 成交额 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 成本中科 | 20.00% | | | 未言体 | 数字芯片设计 | 713亿 | 21.53亿 | | 2 | 漏起科技 | 13.96% | | | 半导体 | 数字芯片设计 | 1868亿 | 118.41亿 | | 3 | 海光信息 | 13.63% | | | 未言体 | 数字芯片设计 | 6714亿 | 153.75亿 | | 4 | 三环集团 | 6.32% | | | 元件 | 被动力性 | 1022亿 | 11.95亿 | | 5 | 芯原股份 | 5.71% | | | 半导体 | 数字芯片设计 | 1035亿 | 41.21亿 | | 6 | 去邦股份 | 5.64% | | | ...

今日（1.21），芯片板块高歌猛进，全市场费率最低档的芯片50ETF（516920）放量大涨超4%，盘中成交额8000万元！资金面上，芯片50ETF （516920）已连续2天获资金青睐，累计"吸金"超3800万元！ 消息面上，根据KeyBanc的数据，Intel与AMD为应对供需失衡并确保后续供应稳定，计划将服务器CPU价格上调10%-15%。同时，2026年Intel与 AMD的服务器CPU产能已基本预售完毕。 此外，全球存储需求结构性增长。近期，花旗集团显著上调存储巨头目标价，资产管理公司ClearBridge Investments也指出，由人工智能发展所 驱动的存储芯片需求，目前被市场显著低估。美光科技高管亦强调，内存芯片短缺在过去一个季度持续加剧，核心原因在于人工智能基础设施 建设对高端半导体的需求呈现爆发式增长。 芯片50ETF（516920）标的指数成分股多数飘红：海光信息涨超16%，澜起科技涨超11%，兆易创新涨超6%，中芯国际涨超4%，寒武纪-U涨超 2%。值得关注的是，芯片50ETF（516920）标的指数成分股中，不仅包含科创板芯片龙头，也囊括了北方华创、兆易创新、豪威集团、长电科 技 ...

Group 1 - The core point of the article highlights that Yongying Fund's manager Ren Jie achieved a remarkable annual return of 233.29% for the Yongying Technology Smart A fund in 2025, breaking a 17-year record in the public fund industry [1] - The fund significantly reduced its equity investment from 91.59% in Q3 to 78.76% by the end of Q4 2025, reallocating assets to bank deposits and clearing out bond investments [2] - The top ten holdings of the Yongying Technology Smart A fund saw changes, with new additions including Dongshan Precision, Jingwang Electronics, Industrial Fulian, and Cambridge Technology, while previous holdings like Taicheng Light, Lanke Technology, and Shijia Light did not appear in the top ten [2][3] Group 2 - The fund manager emphasized a continued focus on global cloud computing investments, particularly in the optical communication and PCB sectors, while also acknowledging the potential for mean reversion after valuation expansion cycles [1][4] - The Yongying Hong Kong Stock Connect Technology Smart fund also underwent significant changes, with major reductions in holdings of Tencent Holdings and Bilibili-W, both exceeding 20% [5][7] - The performance of the Yongying Hong Kong Stock Connect Technology Smart A and C shares showed a net value growth rate of -22.02% and -22.14% respectively, underperforming their benchmarks by 7.88 and 8.00 percentage points [7]

Group 1 - The core viewpoint of the report indicates that the overall opportunities in the equity market for 2026 outweigh the risks, with AI remaining the main theme of global technological innovation [1] - As of the end of Q4 2025, the stock position of the Silver Hua Xinyi fund was 88.55%, a decrease of 4.54 percentage points compared to the end of Q3 2025 [1] - The top ten holdings of the fund as of Q4 2025 include Tencent Holdings, Alibaba-W, SMIC, Meituan-W, Xiaomi Group-W, Focus Media, Shenzhou International, Yili Group, Luzhou Laojiao, and Wuliangye [1] Group 2 - The AI industry is experiencing explosive growth in capital expenditure globally, with domestic internet companies also showing rapid growth in capital spending [2] - The consumer sector is expected to lag in 2025, with consumers remaining cautious and price-sensitive, although there are opportunities in high-quality consumer stocks with attractive dividend yields [2] - The pharmaceutical sector experienced fluctuations in Q4, attributed to previously high market expectations and capital flowing to other popular sectors, but there is a long-term positive outlook for domestic innovative drugs and the CRO/CDMO segments [2]

有色金属、新能源、油气开采等板块也上涨。截至上午收盘，上证指数上涨0.16%，深证成指上涨 0.76%，创业板指上涨0.85%。 科技股反弹 今天上午，科技股反弹，半导体产业链、算力产业链、消费电子等板块上涨。新易盛、通富微电、 澜起科技、中芯国际、中科曙光等龙头股上涨，且成交额居前。 | V | 半导体 | | | | --- | --- | --- | --- | | | 14245.55 1.70% | | | | 成分股 基金 | 简况(F10) | 资金 | 板块分 | | 名称代码 | 最新 | 涨幅 ◆ | 流通市值 | | 龙芯中科 | 177.72 | 20.00% | 713亿 | | 融 688047 | | | | | 首板涨停 最终涨停 09:38 | | | | | 束龄股份 | 26.27 | 12.70% | 67.91Z | | 融 920139 | | | | | 海光信息 | 285.74 | 12.40% | 6642 Z | | 融 688041 | | | | | 杰华特 | 52.12 | 11.97% | 235亿 | | 融 688141 | | | | | ...

据交易所数据显示，截至1月21日午间收盘，大盘主力资金净流入77.65亿元。主力资金流入前十大板块分别为： 半导体（89.88亿元）、计算机设备（30.42 亿元）、电子元件（18.37亿元）、小金属（13.35亿元）、 能源金属（12.81亿元）、 通信设备（10.71亿元）、电池（8.76亿元）、 有色金属（7.76亿 元）、 电源设备（6.30亿元）、 石油行业（5.19亿元）。 | 电池 | 1.09 | 8.76亿元 | 宁德时代 | | --- | --- | --- | --- | | 有色金属 | 1.39 | 7.76亿元 | 紫等贴,不 | | 电源设备 | 1.4 | 6.30亿元 | 麦格米特 | | 石油行业 | 0.5 | 5.19亿元 | 洲际油气 | *数据仅供参考，不构成投资建议 | | 板块名称 涨跌幅 (%) 板块资金流向 | | 净流入最大 | | --- | --- | --- | --- | | 半导体 | 1.66 | 89.88亿元 | 中芯国际 | | 计算机设备 | 0.96 | 30.42亿元 | 中国长城 | | 电子元件 | 2.07 | 18.37亿 ...

Core Insights - The main focus of the news is on the significant inflow of capital into specific stocks, indicating strong investor interest and potential growth in these companies. Group 1: Stock Performance and Capital Inflow - Aerospace Electronic (航天电子) saw a capital inflow of 1.374 billion yuan with a price increase of 7.15% [1][2] - New Yisheng (新易盛) experienced a capital inflow of 1.359 billion yuan and a price rise of 3.86% [1][2] - China Great Wall (中国长城) had a capital inflow of 1.229 billion yuan, with a notable increase of 10% in its stock price [1][2] - Zhongke Shuguang (中科曙光) attracted 1.195 billion yuan in capital, reflecting a 5.16% increase [1][2] - SMIC (中芯国际) received 1.042 billion yuan with a stock price increase of 3.98% [1][2] - CATL (宁德时代) had a capital inflow of 930 million yuan, with a modest increase of 0.72% [1][2] - Haiguang Information (海光信息) saw a significant capital inflow of 904 million yuan and a price increase of 12.4% [1][3] - Huatian Technology (华天科技) attracted 856 million yuan with a stock price increase of 10.01% [1][3] - Tongfu Microelectronics (通富微电) had a capital inflow of 788 million yuan and a price increase of 10% [1][3] - Changdian Technology (长电科技) received 647 million yuan with a 5.19% increase in stock price [1][3] - Shengxin Lithium Energy (盛新锂能) saw a capital inflow of 608 million yuan and a price increase of 9.99% [1][3] Group 2: Additional Stocks and Their Performance - Unigroup Guowei (紫光国微) had a capital inflow of 563 million yuan with a price increase of 5.31% [3] - Hikvision (海康威视) attracted 495 million yuan with a stock price increase of 5.27% [3] - Loongson Technology (龙芯中科) saw a significant capital inflow of 462 million yuan and a remarkable price increase of 20% [3] - Intercontinental Oil and Gas (洲际油气) had a capital inflow of 441 million yuan with a price increase of 9.97% [3] - Lanke Technology (澜起科技) received 434 million yuan with a stock price increase of 7.71% [3] - Ganfeng Lithium (赣锋锂业) attracted 397 million yuan with a modest price increase of 2.59% [3] - Zhongtung High-tech (中钨高新) saw a capital inflow of 397 million yuan and a price increase of 9.45% [3] - Magpow (麦格米特) had a capital inflow of 379 million yuan with a price increase of 10% [3] - ZTE Corporation (中兴通讯) attracted 377 million yuan with a stock price increase of 2.15% [3]