晚报 | 12月26日主题前瞻

Currency - The offshore RMB to USD exchange rate has surpassed the 7.0 mark, indicating a significant appreciation trend throughout the year [1] - Huatai Securities notes that the recent appreciation of the RMB could weaken the price competitiveness of export-oriented manufacturing while benefiting industries reliant on imported raw materials by lowering costs [1] - The appreciation is attributed to a robust domestic economic foundation, a weakening USD, and capital inflows [1] Lithium Industry - Tianqi Lithium announced that starting January 1, 2026, all product spot trading settlement prices will no longer reference SMM prices but will be based on Shanghai Steel Union's battery-grade lithium carbonate and hydroxide prices or the Guangzhou Futures Exchange's main contract prices [2] - The price range for battery-grade lithium carbonate on December 25 was reported between 97,800 to 112,000 CNY per ton, with futures closing at 123,520 CNY per ton [2] - In 2026, the lithium market is expected to shift from a loose supply-demand balance to a scenario of increasing supply and demand, with a projected global lithium resource supply exceeding 2 million tons, a 25% year-on-year increase [2] Consumer Sector - The Ministry of Commerce is implementing actions to boost consumption, including organizing various promotional activities to meet the festive consumption needs of urban and rural residents [3] - The focus is on enhancing service consumption, with a notable emphasis on optimizing policies to stimulate demand in the service sector [3] - The central economic work conference highlighted the importance of domestic demand and plans to expand the supply of quality goods and services [3] Robotics - Beijing Yizhuang will host a humanoid robot half marathon on April 19, 2026, featuring a "human-robot co-running" format [4] - The event aims to showcase the capabilities of humanoid robots and promote their application beyond experimental stages [5] - The robotics sector is experiencing significant advancements, with Tesla's Optimus V3 set to begin mass production in 2026, and several domestic robotics companies preparing for IPOs [5] Storage Industry - According to TrendForce, prices for DDR4 and DDR5 memory modules continue to rise, although the rate of increase has slowed [6] - Kingston has significantly raised DRAM prices, and the NAND flash market is showing bullish sentiment due to expectations of rising contract prices [6] - The supply of DDR4 DRAM is expected to remain tight, with ongoing production halts by major manufacturers contributing to price increases [6] Magnetic Levitation - A team from the National University of Defense Technology achieved a world record by accelerating a test vehicle to 700 km/h in two seconds during magnetic levitation experiments [7] - This breakthrough addresses key technological challenges and positions China as a leader in ultra-high-speed magnetic levitation technology [7] E-cigarette Industry - The National Tobacco Monopoly Administration is seeking opinions on a draft policy aimed at balancing supply and demand in the e-cigarette market [8] - The market is transitioning from chaotic growth to regulated restructuring, with expectations of significant market size growth from 4.2 billion CNY in 2023 to 96.66 billion CNY by 2025 [8]