智通财经APP获悉，华安证券发布研报称，美国储能装机稳步增长，2025年有望实现52.5GWh装机。储 能是在美国电网速度慢、容量紧的前提下，少数能在1-3年时间尺度内大规模部署、既能提升数据中心 供电可靠性，又能改善电网整体韧性和经济性的核心技术路径，预计储能将成为2030年之前美国数据中 心缺电的核心解法之一。未来5年将是本轮数据中心扩张核心窗口期，数据中心缺电逻辑将持续演绎。 华安证券主要观点如下： 美国储能现状分析 美国储能装机稳步增长，2025年有望实现52.5GWh装机。美国25年1-11月实现新增大储装机 36.23GWh，除德州加州基本盘外，亚利桑那等新兴州贡献增量。 真正卡的是5年以上的并网排队+输电建设，而不是美国整体发电能力不足。能绕开大并网队列、接在 配电网或BTM的方案，才是真正有速度价值的解决方案。储能在速度+成本+战略灵活性三个维度上均 具备比较优势。 预计数据中心缺电将刺激美国2027年储能装机超110GWh。未来5年将是本轮数据中心扩张核心窗口 期，数据中心缺电逻辑将持续演绎。在所有可行方案中，储能是少数能同时满足经济性+建设快+灵活 性高+有助于24/7 绿电的技术路径，北 ...

Market Performance - On January 22, the A-share market experienced a morning surge followed by a pullback, with the three major indices closing in the green, and the ChiNext Index rising nearly 1% [1][6] - The ChiNext 50 ETF (159949) increased by 1.04%, closing at 1.558 yuan, with a turnover rate of 5.20% and a transaction volume of 1.299 billion yuan, ranking first among similar ETFs [1][6] Liquidity and Trading Data - As of January 22, the ChiNext 50 ETF (159949) recorded a cumulative transaction amount of 38.006 billion yuan over the last 20 trading days, with an average daily transaction amount of 1.900 billion yuan; since the beginning of the year, the cumulative transaction amount over 14 trading days was 27.332 billion yuan, with an average daily transaction amount of 1.952 billion yuan [2][7] - The circulating scale of the ChiNext 50 ETF was 24.900 billion yuan as of January 21, 2026 [2][7] Fund Holdings and Performance - The latest quarterly report indicates that the top ten holdings of the ChiNext 50 ETF (159949) showed mixed performance, including stocks like CATL, Zhongji Xuchuang, and Mindray Medical [3][8] - The fund manager noted that the fourth quarter saw a return to structural market trends, with significant divergence in the ChiNext, particularly in sectors like AI and new energy [10] Investment Outlook - The ChiNext 50 ETF is viewed as a convenient tool for long-term investors interested in China's technology growth sector, with a three-year return of 35.16%, outperforming its benchmark and ranking 526th among 1,633 similar products [5][11] - Recommendations for investors include adopting a dollar-cost averaging strategy or phased investment to smooth out short-term volatility while closely monitoring the performance of constituent stocks and relevant policy developments [5][11]

Group 1: Company Performance - Demingli (001309.SZ) expects a net profit attributable to shareholders of 650 million to 800 million yuan for 2025, representing a year-on-year growth of 85.42% to 128.21%. The net profit after deducting non-recurring gains and losses is projected to be 630 million to 780 million yuan, with a year-on-year increase of 108.13% to 157.68%. The fourth quarter net profit is estimated at 750 million yuan, showing over 11 times growth year-on-year. The rapid increase in storage prices since the fourth quarter is expected to continue driving high growth in the first half of the year [2] - Jin'an Guoji (002636) forecasts a net profit attributable to shareholders of 280 million to 360 million yuan for 2025, indicating a year-on-year increase of 655.53% to 871.40%. The net profit after excluding non-recurring items is expected to be 250 million to 320 million yuan, with a projected year-on-year growth of 4.5 times. The fourth quarter net profit is anticipated to be 135 million yuan, reflecting over 3.8 times growth year-on-year and nearly 1 time growth quarter-on-quarter. The price increase of ordinary copper-clad laminates is expected to cover the rise in upstream raw material costs, supporting continued growth in performance [3] Group 2: Industry Insights - In the advanced manufacturing sector, the domestic power battery installation volume is expected to redistribute in 2025. CATL leads with 333.57 GWh, capturing 43.42% market share, while BYD follows with 165.77 GWh and 21.58% market share. Both companies together hold 65% of the market, but their market shares have decreased by 1.67% and 3.17%, respectively. This shift reflects structural changes in the industry during rapid expansion, with second-tier manufacturers catching up in key performance indicators [6] - He Sheng New Materials anticipates a net profit of 152 million to 171 million yuan for 2025, representing a year-on-year increase of 55% to 75%. The growth is driven by the home appliance appearance composite materials business, with no plans for expansion but rather a focus on supply chain management and cost reduction. The company is also making strides in AI chip development, with significant commercial progress expected in 2026 [8]

Core Viewpoint - The data indicates significant outflows of capital from various stocks, with notable amounts withdrawn from companies across different industries, suggesting a potential shift in investor sentiment and market dynamics [1][2][3] Group 1: Major Stocks with Capital Outflows - Sanhua Intelligent Control experienced a capital outflow of 1.402 billion, with a decline of 2.73% in stock price [2] - Tongfu Microelectronics saw a capital outflow of 1.309 billion, with a decrease of 1.55% [2] - Contemporary Amperex Technology reported a capital outflow of 1.143 billion, with a drop of 2.8% [2] - Zhaoyi Innovation also faced a capital outflow of 1.143 billion, with a decline of 1.93% [2] - Changdian Technology had a significant outflow of 861 million, with a sharp decrease of 6.25% [2] Group 2: Other Notable Stocks - Hunan Silver experienced a capital outflow of 836 million, but its stock price increased by 6.67% [2] - Huada Technology saw an outflow of 825 million, with a decline of 3.1% [2] - Yango Technology faced a capital outflow of 723 million, with a significant drop of 6.37% [2] - Sungrow Power Supply had an outflow of 720 million, with a decrease of 1.16% [2] - TBEA reported a capital outflow of 653 million, with a decline of 2.5% [2] Group 3: Additional Stocks with Capital Outflows - Baiwei Storage experienced a capital outflow of 588 million, with a slight decrease of 0.79% [2] - Nanda Optoelectronics saw an outflow of 577 million, with a decline of 4.25% [3] - Lens Technology faced a capital outflow of 565 million, with a decrease of 2.09% [3] - Zijin Mining reported an outflow of 556 million, with a decline of 2.31% [3] - EVE Energy experienced a capital outflow of 555 million, with a drop of 2.99% [3]

每经AI快讯，宁德时代(03750.HK)午前跌超4%，截至发稿，跌4.65%，报463.4港元，成交额9.65亿港 元。 ...

Core Viewpoint - The A500 index and related ETF are showing positive performance, with significant growth in specific sectors such as semiconductors, new energy vehicles, and artificial intelligence, driven by technological innovation and favorable commodity prices [1][2]. Group 1: A500 Index and ETF Performance - As of January 22, 2026, the A500 index rose by 0.04%, with notable increases in individual stocks such as Gotion High-tech (12.39%) and Deepin Technology (10.54%) [1]. - The A500 ETF (512050) increased by 0.08%, with a latest price of 1.24 yuan, and a trading volume of 82.86 billion yuan, indicating active market participation [1]. - Over the past month, the A500 ETF's scale grew by 90.21 billion yuan, reflecting significant growth [1]. Group 2: Market Trends and Company Performance - As of January 21, 2026, 578 A-share listed companies released earnings forecasts, with 29 companies providing earnings reports, indicating a solid growth trend and structural optimization in the industry [1]. - Emerging sectors such as semiconductors, new energy vehicles, and AI are performing well, with companies attributing their growth to the acceleration of AI implementation and the improved outlook of the new energy vehicle supply chain [1]. - The performance of companies in the non-ferrous metals sector has improved due to rising prices of commodities like gold and copper, while breakthroughs in overseas business have also contributed to earnings growth [1]. Group 3: Regulatory Environment and Market Outlook - Short-term market consolidation is expected after reaching new highs, with recent regulatory policies likely to stabilize market sentiment [2]. - In the medium term, the market is anticipated to maintain an upward trajectory, supported by the active guidance of long-term capital into the market and macroeconomic factors [2]. - As the annual earnings forecast disclosure period intensifies, market sentiment is expected to heat up, shifting focus from macro liquidity to micro performance verification [2].

里昂发布研报称，进入2026年，宁德时代正面临多项逆风，引发投资者对其增长前景的担忧，包括中国 电动车销售放缓、锂价上涨，以及电池出口增值税退税削减。该行认为，宁德时代A/H股目前交易于 2026年预估市盈率17倍/22倍，此水平已反映了市场的大部分担忧。考虑到该行预测其2025至2027年每 股盈利年均复合增长率达31%，风险回报具有吸引力。 宁德时代（300750）(03750)午前跌超4%，截至发稿，跌4.65%，报463.4港元，成交额9.65亿港元。 ...

智通财经APP获悉，宁德时代(03750)午前跌超4%，截至发稿，跌4.65%，报463.4港元，成交额9.65亿港 元。 里昂发布研报称，进入2026年，宁德时代正面临多项逆风，引发投资者对其增长前景的担忧，包括中国 电动车销售放缓、锂价上涨，以及电池出口增值税退税削减。该行认为，宁德时代A/H股目前交易于 2026年预估市盈率17倍/22倍，此水平已反映了市场的大部分担忧。考虑到该行预测其2025至2027年每 股盈利年均复合增长率达31%，风险回报具有吸引力。 ...

今日（1月22日）市场主要指数集体高开，石油石化、国防军工涨超3%。 盘面上，石油开采及服务板块大幅拉升，石化油服、洲际油气、蓝焰控股等涨停，潜能恒信涨超10%。 燃气股走强，胜利股份涨停，凯添然气、胜通能源、蓝天燃气等涨幅居前。 商业航天概念涨幅居前，板块内，中国一重（维权）、中超控股、中信重工等逾10股涨停，三角防务、 天力复合、江航装备等涨超10%。 AI应用概念活跃，浙文互联、国安股份涨停，华凯易佰、深信服等涨超10%。 新股速递：N国亮开盘涨超2倍 N国亮（920076）今日在北交所上市，开盘价33.11元，上涨207.71%。 | | | | U9:45 30.61 | 49 | | --- | --- | --- | --- | --- | | | | | 09:45 30.60 | 72 | | | | | 09:45 30.60 | 88 | | | | | 09:45 30.65 272 | | | | | | 09:45 30.65 | 67 | | | | | 09:45 30.65 | ୧3 | | 09:30 | 11:30 | 15:00 | NO. AS 20 65 | 11 ...

| 代码 | 简称 | 1月21日涨跌幅 | 融资净买入额 | 最新融资余额 | 占流通市值比例 | 所属行 | | --- | --- | --- | --- | --- | --- | --- | | | | （%） | （万元） | （万元） | （%） | 业 | | 600879 | 航天电 | 2.36 | 83020.85 | 403444.77 | 4.54 | 国防军 | | | 子 | | | | | 工 | | 300502 | 新易盛 | 3.20 | 55533.83 | 2016279.47 | 5.77 | 通信 | | 300750 | 宁德时 | 0.06 | 49559.04 | 2385295.63 | 1.60 | 电力设 | | | 代 | | | | | 备 | | 601899 | 紫金矿 | 2.20 | 46325.37 | 1035691.61 | 1.32 | 有色金 | | | 业 | | | | | 属 | | 600519 | 贵州茅 | -1.64 | 42446.00 | 1923375.54 | 1.14 | 食品饮 | | | 台 | | | ...