沪深两市成交额2.16万亿，较上一个交易日放量2357亿。全市场超3400只个股下跌。 具体来看，海南自贸区反复活跃，海南矿业、海汽集团、海南发展等多股涨停。 | 代码 | 名称 | 涨幅+ | 现价 | | --- | --- | --- | --- | | 600759 | 洲际油气 | +10.11% | 3.05 | | 601969 | 海南矿业 | +10.02% | 11.97 | | 002163 | 海南发展 | +10.01% | 22.75 | | 002865 | 钧达股份 | +10.00% | 54.87 | | 603069 | 海汽集团 | +9.99% | 30.38 | | 000505 | 京粮控股 | +9.99% | 8.92 | | 300189 | 神农种业 | +7.32% | 8.06 | | 601118 | 海南橡胶 | +5.03% | 6.06 | | 002320 | 海峡股份 | +4.96% | 13.13 | | 600516 | 海南机场 | +4.92% | 5.54 | | 300086 | 康芝药业 | +4.15% | 13.31 | ...

每经AI快讯，12月26日，市场冲高回落，沪指放量微涨0.1%，录得8连阳。截至收盘，沪指涨0.1%，深 成指涨0.54%，创业板指0.14%。沪深两市成交额2.16万亿元，较上一个交易日放量2357亿元。盘面上， 市场热点快速轮动，全市场超3400只个股下跌。从板块来看，商业航天概念再度爆发，神剑股份 （002361）7连板，中国卫星（600118）3连板，通宇通讯（002792）、隆基机械（002363）、上海港湾 （605598）等十余股涨停。锂电产业链走强，天际股份（002759）4天3板，佛塑科技（000973）、丰元 股份（002805）、永兴材料（002756）涨停。海南自贸概念反复活跃，海南发展（002163）6天5板，洲 际油气（600759）、京粮控股（000505）涨停。福建板块局部拉升，厦门国贸（600755）3连板。下跌 方面，下跌方面，造纸、白酒、算力硬件等板块跌幅居前。其中算力硬件概念表现较弱，长光华芯跌超 11%。 ...

锂电产业链股26日盘中集体走高，截至发稿，永兴材料涨停，天华新能、中矿资源涨约8%，融捷股 份、比亚迪等涨超5%，天齐锂业涨逾4%。 值得注意的是，今日碳酸锂期货盘中突破13万元/吨关口，创2023年11月以来新高。 有消息称，磷酸铁锂头部厂商计划于2026年1月集体调价。据上证报报道，受碳酸锂原料价格上涨、下 游需求向好、产品销售价格持续低于成本线等多重因素影响，相关企业确实正在与下游客户就调价事宜 展开谈判，但调价的实际落地情况仍有待观察。 机构表示，在供应扰动预期未完全明朗化、矿价维持高位震荡，以及下游点价困难且需求仅温和改善的 综合作用下，预计碳酸锂价格仍将维持高位震荡运行的态势；中长期看，锂矿为电动车产业链和储能最 优质且弹性大的标的。 ...

A500ETF南方(159352)跟踪误差较小、区间净值超额收益率明显较高，折溢价率均值（绝对值）并不 高，具备"低偏离+精准跟踪+规模支撑"优势。 A500ETF南方(159352)紧密跟踪的中证A500指数。中证A500指数被誉为"中国新质生产力风向标"，以革 新编制逻辑突破传统：通过"三级行业龙头优先+ESG负面剔除"机制，覆盖约90个三级行业，同时汇聚 千亿巨头及百亿成长龙头，实现行业与市值双平衡。指数深度绑定国家战略产业，全面配置信息技术、 高端制造、医药等新质生产力领域，为投资者提供分享经济转型红利、分散风险的优质载体。 A500ETF南方(159352)凭借0.15%管理费+0.05%托管费全行业最低费率档位，为投资者提供高精度、低 成本配置通道。场内高流动性满足交易需求，场外联接基金(A：022434；C：022435；Y：022918)便捷 定投，打造攻守兼备的新时代配置利器。 截至2025年12月26日 13:50，A500ETF南方(159352)上涨0.65%，冲击6连涨。盘中换手17.12%，成交 78.78亿元，市场交投活跃。跟踪指数中证A500指数上涨0.60%，成分股永兴材料上 ...

来源：上海证券报·中国证券网 上证报中国证券网讯 12月26日早盘，有色金属板块震荡走高。截至9时40分，永兴材料、宝钛股份涨超 7%，湖南白银、国城矿业、白银有色涨逾5%。 | 4-CRT | 名称 | | | 新疆% J | | | --- | --- | --- | --- | --- | --- | | 002756 永兴材料 | | | 54.32 | 7.65 | 3.86 | | 600456 | 宝钛股份 | 1 | 39.47 | 7.28 | 2.68 | | 002716 | 湖南白银 | 章 | 6.84 | 5.56 | 0.36 | | 000688 | 国城矿业 | 1 | 27.94 | 5.51 | 1.46 | | 601212 白银有色 | | 1 | 5.90 | 5.17 | 0.29 | | 002466 天齐键业 | | I | 58.20 | 4.81 | 2.67 | | 002738 | 中矿资源 | | 77.69 | 4.63 | 3.44 | | 600362 江西铜水 | | 1 | 45.91 | 4.53 | 1.99 | 数据来源：choice ...

Market Overview - The market experienced a high opening followed by a decline, with all three major indices turning negative during the session. The Shanghai and Shenzhen markets saw a half-day trading volume of 1.45 trillion, a significant increase of 251.3 billion compared to the previous trading day. Over 3,900 stocks in the market declined [1] - The Shanghai Composite Index fell by 0.19%, while the Shenzhen Component Index rose by 0.17%, and the ChiNext Index decreased by 0.15% [1] Sector Performance - The lithium battery supply chain showed strong performance, with Tianji Co. achieving three consecutive trading limits in four days, and several other stocks like Hongyuan Pharmaceutical and Yongxing Materials hitting their daily limits [1] - The commercial aerospace sector remained active, with Shenjian Co. achieving seven consecutive trading limits and Jiuding New Materials achieving four consecutive limits [1] - The photovoltaic sector saw partial gains, with stocks like GCL-Poly and Yijing Photovoltaic hitting their daily limits [1] - The Hainan Free Trade Zone concept stocks were also active, with Hainan Development achieving five limits in six days [1] - In contrast, the computing hardware sector showed weakness, with Changguang Huaxin dropping over 10% [1] Lithium Market Insights - The main contract for lithium carbonate surged past 130,000, increasing by over 8% during the day, marking a new high since November 2023. The market outlook for lithium prices remains optimistic due to recovering quarterly earnings from lithium companies and increasing demand from new energy vehicles [3] - The China Nonferrous Metals Industry Association's lithium division indicated that lithium futures prices are expected to gradually rise by November 2025, with increased volatility anticipated [3] Hainan Free Trade Zone Developments - The Hainan Free Trade Port officially commenced its first week of full island closure, with customs reporting over 400 million yuan in "zero tariff" imports and over 20 million yuan in domestic processing goods exempt from tariffs [5] - The duty-free shopping market in Hainan saw a surge, with shopping amounts reaching 1.1 billion yuan and 165,000 shoppers during the week of December 18-24 [5] Photovoltaic Sector Developments - Four leading silicon wafer companies significantly raised their prices on December 25, with average increases reaching 12%. This price hike is attributed to substantial increases in upstream silicon material costs [9][20] Investment Trends - UBS Wealth Management forecasts that the Chinese stock market will continue to have upward potential, driven by advanced manufacturing and technology sectors. The report highlights that AI and technology are key growth drivers, with expectations for significant earnings growth in the Hang Seng Technology Index by 2026 [30] - The National Development and Reform Commission announced that the National Venture Capital Guidance Fund will increase investments in early-stage projects in sectors such as integrated circuits, artificial intelligence, aerospace, and low-altitude economy [31]

今日早盘，A股市场冲高回落，三大指数盘中集体跳水翻绿。沪深两市半日成交额1.45万亿，较上个交易日大幅放量2513亿。盘面上热点快速轮动， 全市场超3900只个股下跌。 从板块来看， 锂电产业链快速走强， 天际股份4天3板，宏源药业、永兴材料等多股涨停。 商业航天概念反复活跃， 神剑股份7连板，九鼎 新材4连板，佳缘科技涨停。光伏概念局部拉升，协鑫集成、亿晶光电涨停。海南自贸概念表现活跃，海南发展6天5板。 下跌方面，算力硬件概念表现较弱，长光华芯跌超10%。截至收盘，沪指跌0.19%，深成指涨0.17%，创业板指跌0.15%。 下载财联社APP获取更多资讯 准确 快速 权威 专业 7x24h电报 头条新闻 VIP资讯 实时盯盘 ...

12月26日，有色狂欢！数据显示，截至11时20分，有色矿业ETF招商(159690)放量涨3.09%，成分股永兴 材料涨停封板、江西铜业、中矿资源、铜陵有色、云南铜业、洛阳钼业涨幅居前！ | 有色矿业ETF招商 1 のつＥ | | 159690 +0.058 +3.09% | | --- | --- | --- | | SZSE CNY 11:19:42 交易中 | | / 8 + | | 除中通光 | 招商中证有色金属矿业主题ETF | | | 文由 100.10% 120日 | | 67.39% | | 5日 | 5.80% 250日 | 92.15% | | 20日 | 11.21% 52周高 | 1.92 | | 60日 | 25.08% 52周低 | 0.92 | 分析指出，近期有色金属板块持续走强，主要受三重因素共同驱动：一是宏观预期持续改善，全球主要 经济体制造业景气度有所回暖，叠加国内稳增长政策逐步落地，提振工业金属需求预期； 二是供应端扰动支撑价格，海外主要矿山生产干扰事件频发，铜、铝等品种供给趋紧预期强化； 三是新能源与新兴领域需求结构性增长，锂、钴等能源金属在电池、储能等产业长期需求支 ...

有色矿业ETF招商（159690）紧密跟踪有色矿业指数，集中投资于拥有上游矿产资源的企业，包括北方 稀土、紫金矿业、洛阳钼业、华友钴业、中国铝业、山东黄金等拥有大量资源储量的公司。截至最新收 盘日，有色矿业指数年内涨幅达96.03%，同期有色金属行业指数涨幅87.05%，相比同类指数锐度更 强。 华龙证券认为，黄金与长期美债实际利率的负相关框架解释力逐步弱化，其背后是美元及美国信用的弱 化，黄金作为避险资产的性质得到加强。工业金属方面，市场对2026年中国铜需求较乐观，预期将保持 一定韧性，看好2026年以铜为代表的工业金属表现。 东方证券认为，金铜铝铁权益端涨幅明显滞后商品端，板块对应明年估值也处于较低水平。随着后续商 品价格持续新高，市场对金铜铝铁中期价格上行预期有望不断强化，上周短期波动后，权益板块有望在 需求推动下维持中期上涨，可积极关注相关板块的投资机会。 格隆汇12月26日｜商品价格全面爆发！12月26日，伦敦现银日内突破75美元/盎司，再创历史新高；国 际铜连续主力合约日内涨4%，报89160元。 有色矿业ETF招商（159690）一度涨超4%，盘中刷新上市以来新高，成份股永兴材料、江西铜业涨 ...

Core Insights - Yichun City Natural Resources Bureau announced the cancellation of 27 mining rights, primarily affecting ceramic clay and limestone, signaling stricter regulations and potential long-term upgrades in the lithium resource sector [1][2]. Group 1: Industry Overview - The cancellation of mining licenses is expected to have a limited short-term impact on lithium carbonate supply, as the licenses had already expired [1][2]. - The Yichun region is a significant source of lithium resources, as lithium-bearing minerals often accompany the listed mining types, indicating that any changes in mining rights could affect supply expectations [2]. Group 2: Regulatory Environment - Existing mining operations, especially those classified under "ceramic clay," will face stricter compliance reviews, potentially interrupting production due to procedural flaws [2]. - The approval process for new mining projects is likely to be delayed due to environmental regulations and changes in mining rights [2]. Group 3: Cost Implications - The move towards regulated development will increase costs related to environmental protection and technological upgrades, raising the production cost baseline for lithium [2][4]. Group 4: Market Dynamics - The elimination of non-compliant projects may accelerate industry consolidation, allowing compliant leading companies to increase their market share [3]. - The scarcity of resources is expected to strengthen price support, leading to an upward adjustment in lithium price baselines [4]. Group 5: Investment Strategy - Companies with complete mining rights and environmental compliance, as well as those with integrated "resource + smelting" operations, are recommended for investment consideration, such as Yongxing Materials, Tianqi Lithium, and Ganfeng Lithium [7].