A股晚间热点 | 央行发声！今年降准降息还有一定空间

Monetary Policy - The People's Bank of China (PBOC) will continue to implement a moderately loose monetary policy in 2026, utilizing various tools such as reserve requirement ratio (RRR) cuts and interest rate reductions to maintain ample liquidity [1] - There is still room for further RRR cuts and interest rate reductions this year, with a focus on ensuring that the growth of social financing and money supply aligns with economic growth and price level expectations [1] Chip Industry - Alibaba is reportedly preparing to list its chip subsidiary, Pingtouge, to cater to investor interest in the artificial intelligence accelerator sector, although Alibaba has not commented on the news [2] - Stocks in the A-share market that combine Alibaba and chip concepts may benefit from the rumored IPO, with companies like Nanfang Precision, Baiwei Storage, and Huazheng New Materials expected to see significant net profit growth exceeding 100% by 2025 [2] Pharmaceutical Retail Sector - Nine departments, including the Ministry of Commerce, have issued opinions to promote high-quality development in the pharmaceutical retail industry, encouraging horizontal mergers and acquisitions among retail pharmacies [3] Central Bank Operations - The PBOC announced a 900 billion yuan medium-term lending facility (MLF) operation to maintain liquidity in the banking system, with the operation set for January 23, 2026 [4] - This large-scale MLF operation aims to effectively counter potential liquidity tightening and stabilize the funding environment [4] Technology and IPOs - Shanghai Suiruan Technology Co., a leading domestic GPU company, has received acceptance for its IPO on the Sci-Tech Innovation Board, aiming to raise 6 billion yuan [6] Stock Buybacks - Xiaomi Group announced a plan to repurchase up to 2.5 billion Hong Kong dollars of its Class B ordinary shares, starting January 23 and continuing until the day before the 2026 annual general meeting [5] Consumer Loan Policies - Major banks in China have announced the implementation of new fiscal subsidy policies for personal consumption loans, including the removal of certain limits on subsidy amounts [6] Investment Opportunities - The commercial space industry is gaining attention, with companies like Beijing Chuanweizhe Space Technology Co. planning to conduct manned suborbital flights by 2028 [9] - The report highlights various sectors to watch, including gas, pre-prepared meals, chips, computing power, and storage chips, with significant developments expected in these areas [9]