2026.01. 09 本文字数：1471，阅读时长大约3分钟 作者 | 第一财经 周楠 A股的"开门红"行情再上一个台阶。1月9日，沪指盘中突破4100点，创十年新高，两市成交额时隔 近四个月突破3万亿元。 "市场在快速上行过程中，也显现出一些值得关注的现象。"华鑫证券首席策略分析师严凯文告诉第 一财经，目前两市日均成交额维持在2.5万亿元以上，换手率显著上升，表明市场交投情绪较为活 跃。 从9日当天情况看，多股换手率亮眼。其中，邵阳液压换手率达到58.67%，较前一交易日 （19.75%）大幅提升；雪人集团、华凌线缆当日换手率也均超过50%。 个股成交方面，资金青睐的依旧是科技股。9日，中际旭创、岩山科技的日成交额均超过200亿元， 新易盛、中国卫星、寒武纪-U当日成交额均超过百亿元。资金流向方面，当天，主力资金净流入的 前三大个股是利欧股份、金发科技和昆仑万维，分别达到17.47亿元、16.63亿元和13.69亿元；而 岩山科技、中国平安、中际旭创成为当日主力资金净流出最高的3股。 两市成交额上一次突破3万亿，还是在2025年9月18日，达到3.14万亿元。再之前，2024年10月8 日，沪深两市成交额 ...

Core Viewpoint - The A-share market has entered a strong bullish phase, with all three major indices rising and surpassing the 4100-point mark for the first time in 10 years, recording a 16-day consecutive increase [1][6]. Market Performance - As of the market close, the Shanghai Composite Index rose by 0.92%, the Shenzhen Component Index increased by over 1%, and the ChiNext Index gained 0.77% [1][4]. - The total trading volume of the Shanghai and Shenzhen stock exchanges exceeded 3 trillion yuan, marking a significant increase of nearly 300 billion yuan compared to the previous day, and this is the first time this year that the trading volume has surpassed 3 trillion yuan [4][6]. Sector Highlights - The AI application sector saw a collective surge, with over twenty constituent stocks hitting the daily limit, including notable performances from companies like Yiyuan Media and Province Advertising Group [4]. - The commercial aerospace sector remained active, with companies such as Luxin Investment and China Satellite Communications showing strong performance [4]. - The controllable nuclear fusion concept continued its strong momentum, with companies like Hongxun Technology and China First Heavy Industries achieving consecutive gains [4]. Market Sentiment and Analysis - According to economist Pan Helin, the current rise in A-shares and increased trading volume indicate that the market has entered a full bull market phase, driven by the appreciation of the yuan and the return of global capital [6]. - Pan Helin noted that the market's current upward trend may be characterized by irrational exuberance, typical of a bull market, and that while fluctuations may occur, the overall market is expected to remain strong until the end of the global economic boom cycle [6].

凤凰网财经讯 1月9日，市场震荡拉升，沪指高开高走突破4100点，深成指涨超1%。截至收盘，沪指涨 0.92%，深成指涨1.15%，创业板指涨0.77%。沪深两市成交额3.12万亿，较上一个交易日放量3224亿， 时隔73个交易日后再度站上3万亿大关，历史第五次突破3万亿。 | | | | | 沪深京重要指数 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 *● | 咸新 | 招标幅% | | 涨跌 涨跌家数 | | 总手 | 现手 金额 | | 上证指数 | 4120.43 | 0.92 | 37.45 | 1638/602 | 0.00 | 7.30 7. | 91.0万 1.29万亿 | | 深证成指 | 14120.15 | 1.15 | 160.67 | 2128/687 | 0.02 | 10.1 7 | 1186万 1.83万亿 | | 北证50 | 1524.26 | 1.05 | 15.88 | 202/77 | 0.01 | 1137万 | 15.1万 298.30亿 | | 创业板指 | 3327.81 | 0 ...

Core Insights - The brain-computer interface (BCI) sector is experiencing significant growth, particularly in Sichuan, where the establishment of the "Implantable Brain-Computer Interface Sichuan Engineering Research Center" has led to substantial stock price increases for involved companies like Beiyikang, which saw a rise of over 60% in three trading days [2] - The Sichuan BCI industry is projected to reach a scale of 1 billion yuan by 2024, with related investments of 500 million yuan and R&D expenditures of 300 million yuan, positioning it among the top in the country [2] Group 1: Industry Development - The Sichuan Provincial Economic and Information Technology Department, along with eight other departments, issued the "Sichuan Province Brain-Computer Interface and Human-Machine Interaction Industry Breakthrough Action Plan (2025-2030)," detailing 13 measures aimed at enhancing the province's competitiveness in the BCI sector by 2030 [3] - The province has established a comprehensive industrial chain ecosystem, including upstream core components, midstream system integration, and downstream application scenarios, with a steady increase in the localization rate of key components and software [4] Group 2: Technological Advancements - Sichuan has achieved international advanced levels in non-invasive BCI technologies, including cloud brain information processing and real-time decoding techniques, showcasing significant technological innovation [4] - The province is focusing on core technology breakthroughs through the establishment of innovation platforms, joint laboratories, and engineering centers, while also enhancing the verification and registration of medical devices [5] Group 3: Company Initiatives - The establishment of Gestalt Technology, the first BCI company in China focusing on ultrasound technology, marks a significant development in the sector, aiming to accelerate the clinical application of BCI technologies [6] - The company was co-founded by notable figures in the tech industry, indicating strong leadership and potential for innovation in the BCI field [6]

创新医疗、倍益康、三博脑科、南京熊猫、美好医疗涨停，熵基科技涨超15%，麦澜德、爱朋医疗涨超 10%。 (本文来自第一财经) ...

盘面上，能源金属、医药商业、贵金属、有色金属、人脑工程概念等板块开盘活跃；船舶制造、航空航 天、玻璃玻纤、石油、燃气等板块开盘走低。 证券板块持续拉升，华林证券涨停，华安证券涨近9%，国泰海通、华泰证券、东北证券跟涨。 券商股集体爆发，其中华林证券直线拉升涨停。 1月6日早盘，A股三大指数开盘涨跌不一。截至发稿，三大指数全线飘红。上证指数持续走强，突破 2025年11月14日的阶段高点，刷新2015年7月底以来的新高。科创50指数涨超2%。 | 名称 | 序号 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | 上证指数 | 1 | 4052.29 | 28.87 | 0.72% | | 深证成指 | 2 | 13918.96 | 90.33 | 0.65% | | 科创综指 | 3 | 1716.13 | 20.29 | 1.20% | | 万得全A | ব | 6595.03 | 57.09 | 0.87% | | 创业板指 | 5 | 3298.58 | 4.03 | 0.12% | | 北证50 | 6 | 1478.81 | 12.39 | 0.8 ...

Market Overview - The A-share market welcomed a strong start in 2026, with major indices rising and the Shanghai Composite Index surpassing 4000 points on the first trading day [1][14] - Various sectors, including brain-computer interfaces, insurance, cloud gaming, AI chips, AI medicine, and CRO concepts, saw significant gains, with over 4000 companies experiencing stock price increases [1][14] Foreign Investment Sentiment - Global investors are increasingly optimistic about the long-term value of Chinese assets, with several foreign institutions expressing positive views on China's asset performance for 2026 [3][16] - Morgan Stanley upgraded the rating of the Chinese market to "overweight," citing reasonable valuations and light international investor positions [3][16] A-share Market Predictions - Analysts predict that the A-share market will continue its "slow bull" trend in 2026, with potential for a "full bull" market in the second half of the year [4][17] - The net asset return on equity (ROE) for non-financial companies has stabilized, with advanced manufacturing profits rising to 38% and overseas revenue for outbound companies increasing to 20% [5][18] Brain-Computer Interface Sector - The brain-computer interface sector is experiencing strong growth, with a projected compound annual growth rate (CAGR) of 17% from 2025 to 2034, potentially reaching a market size of approximately $12.4 billion by 2034 [11][24] - Key drivers for this growth include technological breakthroughs, policy support, and the integration of robotics, with significant investments flowing into emerging industries [11][24] Company Performance in Brain-Computer Interfaces - As of the third quarter of 2025, Century Huatong reported the highest net profit of 4.36 billion yuan, while Yanshan Technology achieved a remarkable 331.09% year-on-year growth in net profit [12][25][26] - Despite the promising growth outlook, the number of profitable companies in the brain-computer interface sector remains limited [12][25]

关于宏景科技股份有限公司 2026 年第一次临时股东会之 法律意见书 北京市中伦（广州）律师事务所 $$\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}\mathbf{\partial}$$ 广东省广州市天河区珠江新城华夏路 10 号富力中心 23 楼整层及 31 楼 01、04 单元 邮编：510623 23/F, Units 01 & 04 of 31/F, R&F Center, 10 Huaxia Road, Zhujiang New Town, Tianhe District Guangzhou, Guangdong 510623, P. R. China 电话/Tel : +86 20 2826 1688 传真/Fax : +86 20 2826 1666 www.zhonglun.com 北京市中伦（广州）律师事务所 关于宏景科技股份有限公司 2026 年第一次临时股东会之法律意见书 致：宏景科技股份有限公司 ...

宏景科技股份有限公司 2026 年第一次临时股东会决议公告 证券代码：301396 证券简称：宏景科技 公告编号：2026-001 1、本次股东会没有出现否决议案的情况； 2、本次会议不涉及变更以往股东会已通过的决议的情况。 一、会议召开及出席情况 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： （一）会议召开情况 1、会议召开时间： （1）现场会议召开时间：2026年1月5日（星期一）15:00 （2）网络投票时间：2026年1月5日。其中，通过深圳证券交易所交易系统 进行网络投票的具体时间为：2026年1月5日上午9:15-9:25、9:30-11:30，下午 13:00-15:00；通过深圳证券交易所互联网投票系统投票的具体时间为：2026年1 月5日9:15-15:00期间的任意时间。 2、会议召开地点：广州市黄埔区映日路111号8楼会议室 3、会议召开方式：本次股东会采用现场投票与网络投票相结合的方式 4、会议召集人：公司董事会 5、会议主持人：董事长欧阳华 6、本次会议的召集、召开符合《公司法》《证券法》《深圳证券交易所创 业板股票上市规则》 ...

Market Overview - The A-share market experienced a strong opening on the first trading day of 2026, with the Shanghai Composite Index rising over 1% to close at 4023.42 points, while the Shenzhen Component Index and the ChiNext Index increased by 2.24% and 2.85%, respectively [1] - The STAR 50 Index led the market with a remarkable gain of 4.41%, indicating a significant bullish sentiment [1] - Market trading activity surged, with total turnover reaching 2.57 trillion yuan, an increase of approximately 500 billion yuan from the previous trading day, reflecting the inflow of new capital [1] Sector Performance - The technology and healthcare sectors were the main drivers of the market rally, with the media, pharmaceutical, and electronics sectors all rising over 3.5% [1] - Non-bank financials, particularly insurance, and the computer sector also showed considerable gains, highlighting the two core investment themes: hard technology growth (AI, semiconductors, brain-computer interfaces) and innovative pharmaceuticals [1] Key Drivers of Growth - The surge in the pharmaceutical sector was primarily triggered by the announcement from Elon Musk's Neuralink regarding the large-scale production of brain-computer interface devices starting in 2026, which ignited investor interest in human-computer interaction technologies [2] - The innovative drug sector reached a milestone with 76 new drugs approved in 2025, generating over 130 billion yuan in licensing deals, showcasing the international recognition of domestic pharmaceutical companies [3] - The technology sector's growth was fueled by the ongoing AI wave and the anticipated demand for hardware, particularly in the semiconductor industry, with projections of a 50% increase in DRAM contract prices in Q1 2026 [3] Financial Sector Insights - The non-bank financial sector, particularly insurance stocks, saw significant gains, with companies like China Pacific Insurance and New China Life reaching historical highs, supported by favorable regulatory policies aimed at enhancing the health insurance market [4] - The combination of a declining interest rate environment and improved product attractiveness has led to renewed investor interest in insurance products, which possess both defensive and growth characteristics [4] Market Outlook - The strong market performance sets a positive foundation for the spring market of 2026, with expectations of sustained high-risk appetite driven by favorable policies, clear industry trends, and ample liquidity [4] - The dual themes of "technology + healthcare" are expected to continue leading the market, with specific focus on brain-computer interfaces, innovative drugs, AI computing power, and storage chips [4]