开盘：三大指数微幅高开 能源金属板块涨幅居前

Market Overview - The three major indices opened higher, with the energy and metals sector leading the gains. As of the market opening, the Shanghai Composite Index was at 4116.37, up 0.06%; the Shenzhen Component Index was at 14307.55, up 0.09%; and the ChiNext Index was at 3340.46, up 0.09% [1]. Government and Economic Policies - Premier Li Qiang held a meeting on January 19 to gather opinions on the "Government Work Report" and the "14th Five-Year Plan" draft, emphasizing the need to expand domestic demand and enhance innovation-driven development [1]. - The National Development and Reform Commission will hold a press conference to discuss the implementation of the central economic work conference's spirit and the good start of the "14th Five-Year Plan" [1]. - The International Monetary Fund (IMF) raised China's economic growth forecast for 2025 by 0.2 percentage points to 5% and also increased the growth expectations for 2026 [1]. Corporate Announcements - China Duty Free Group announced plans to acquire DFS's retail business in Greater China for up to $395 million [3]. - Jianghua Microelectronics announced a change in its actual controller to the Shanghai State-owned Assets Supervision and Administration Commission, with stock resuming trading [3]. - *ST Aowei is set to be the first stock to be delisted due to market capitalization issues by 2026, while Tianjian Technology expects a net loss of between 176 million to 250 million yuan for 2025 [3]. - Water Well Square forecasts a net profit of 392 million yuan for 2025, a 71% decrease year-on-year, while other companies like Chengdu Huamei and Hunan Youneng expect significant profit increases [3]. Market Sentiment and Trends - Dongguan Securities noted that the A-share market showed mixed performance, with the Shanghai Composite Index experiencing volatility but maintaining a slow bull market trend [9]. - Caixin Securities indicated that after significant market fluctuations, short-term risks have been alleviated, and the market is stabilizing with a focus on performance-driven trends as the annual report disclosure period approaches [10].