2026年1月海外金股推荐：关注科技催化

Recent Key Events - The Federal Reserve announced a 25 basis point interest rate cut, lowering the target range to 3.50%-3.75%, with expectations for further cuts in 2026 and 2027 [1][9] - Japan's central bank raised its policy rate from 0.5% to 0.75%, the highest in 30 years, indicating a move towards achieving a 2% inflation target [1][9] Smart Driving Catalysts - On December 15, the Ministry of Industry and Information Technology approved two L3 autonomous driving models, Changan Deep Blue SL03 and BAIC Alpha S, for trial operations [2][10] - Tesla tested a Robotaxi service in Austin without a safety driver, marking a significant milestone in autonomous driving [2][10] - Waymo is reportedly in talks to raise over $15 billion, with a valuation nearing $100 billion [2][10] Consumer Goods Replacement Policy - The National Development and Reform Commission announced a large-scale equipment update and consumer goods replacement policy for 2026, including subsidies for electric and fuel vehicles, as well as various household appliances [3][11] Current Investment Recommendations - Beike-W (2423.HK): Positioned as a restructuring force in the brokerage service industry, with significant growth potential in the existing real estate market [4][25] - China Qinfa (0866.HK): Benefits from improved coal quality and expected price recovery, with significant growth opportunities [4][28] - Alibaba-W (9988.HK): Steady model iteration and sustained interest in the Qianwen APP, with strong growth in e-commerce and cloud services [4][32] - Tencent Holdings (0700.HK): Launching a mini-program growth plan to support developers in creating AI applications, with strong revenue growth [4][36] - Kuaishou (1024.HK): Recent product launches received positive market feedback, with strong revenue growth driven by e-commerce [4][40] - Google-A (GOOGL.O): Leading capabilities in AI models with continued penetration in edge applications, strong revenue growth in cloud services [4][44] - Chipsun Technology (1478.HK): Expanding optical scenarios and building integrated capabilities, with significant revenue growth [4][49] - Hesai (HSAI.O): Positive shipment growth in lidar products, indicating a strong long-term outlook [4][52]