写在文章前的声明：在本文之前的说明：本文中所列的投资信息，只是一个对基金资产净值进行排行的客观描述，并无主观倾向性，也不是投资建议，纯属 娱乐性质。 | 基金简称 PK | | | 人民新闻播放台官方法律师 | | --- | --- | --- | --- | | 1 | 招商中证白 ... A | 0.7243 | 1.71% | | | 161725 | 2026-2-2 | | | 2 | 招商中证白 ... C | 0.7210 | 1.71% | | | 012414 | 2026-2-2 | | | 3 | 服装:星C | 0.5626 | 1.64% | | | 012043 | 2026-2-2 | | | 4 | 鹏华酒A | 0.3413 | 1.64% | | | 160632 | 2026-2-2 | | | 5 | 中欧甄选3个 ... C | 1.0101 | 1.47% | | | 013382 | 2026-1-29 | | | 6 | 中欧甄选3个... A | 1.0451 | 1.47% | | | 013381 | 2026-1-29 | | | 7 | 汇安丰融混合 ...

中证报中证网讯（记者 王宇露）近年来，全球宏观环境的波动与国内资本市场的结构性演变，对"固收 +"策略的管理者提出了更高要求：如何在控制净值回撤的同时，持续捕捉增强收益？天弘基金"固收 +"团队核心基金经理杜广以防守为锚，在股票配置中坚守低估值高股息投资能力圈，在转债投资中审 慎布局结构性机会，不仅契合当前市场对稳健收益的需求，也展现出良好的穿越周期的投资能力。 凭借清晰的价值投资理念与对多资产工具的娴熟运用，杜广管理的多只"固收+"产品业绩表现稳健，同 时兼具收益弹性。2025年基金四季报显示，截至2025年12月31日，杜广管理的天弘多元收益A在过去3 年、5年中净值增长率分别为22.96%、36.93%，同期业绩比较基准回报分别为8.89%、5.37%；天弘添利 C在过去3年、5年取得了20.63%、44.66%的净值增长率，同期业绩比较基准回报分别为4.70%、7.29%， 超额收益显著。 可转债是杜广构建收益增强的重要工具。此前，面对可转债市场估值分位数处于历史高位的局面，他明 确表示，当前各个转债的估值都处于"历史最贵时刻"。因此，他的策略是大幅规避风险，将非银行转债 仓位降至历史偏低水平，规避" ...

Core Viewpoint - Ningbo Jingda's performance in the first three quarters of 2025 was under pressure due to order confirmation timing, but the fourth quarter saw a revenue increase of over 30% quarter-on-quarter, with profit growth outpacing revenue growth. The company aims for a year-on-year growth of over 20%-30% in 2026, driven by factors such as the appliance replacement policy, overseas exports, and the consolidation of Wuxi Weiyan [1][3]. Group 1: Financial Performance and Growth Targets - The company reported a significant improvement in the fourth quarter, with revenue and profit both showing positive trends [3]. - The 2026 annual operating target is set for a conservative year-on-year growth of 20%-30% [3]. - Orders are expected to continue growing, following a record high in 2025, primarily due to the growth in heat exchange and new energy equipment [3]. Group 2: Industry Trends and Product Development - The trend of replacing copper with aluminum is beneficial for the company, particularly for microchannel equipment suitable for aluminum materials [4]. - The company is collaborating with leading domestic temperature control enterprises, such as Invec, to develop new products and enhance liquid cooling technology [5][6]. - The company plans to increase R&D investment in liquid cooling and establish a joint R&D team with clients to tackle technical challenges [5]. Group 3: North American Market Expansion - Wuxi Weiyan has become the only non-local mold supplier in North America for the company, facilitating significant orders, including over $10 million from Canadian clients for liquid cooling applications [7][10]. - The company is leveraging its position in the North American market to drive growth, with expectations of high growth rates [10]. Group 4: Strategic Initiatives and Acquisitions - The company has established a new division focused on emerging industries such as robotics, planning to develop screw devices and hollow cups, and considering mergers and acquisitions [2][11]. - The company is actively looking for acquisition targets, supported by its major shareholder, Tongshang Holdings Group [2][12].

Group 1 - The market experienced a decline, particularly in the chip design sector, with the Tianhong ETF tracking the semiconductor design index dropping by 3.82% and a trading volume of 83.26 million yuan [1] - Key stocks in the sector, including Jucheng Co., Zhongwei Semiconductor, and others, saw declines exceeding 5% [1] - The Tianhong ETF closely follows the Shanghai Stock Exchange's semiconductor design theme index, which focuses on the midstream design segment of the semiconductor industry, with a high concentration of nearly 95% [1] Group 2 - The industry is witnessing a dual drive from inventory cycle reversal and deepening AI innovation cycle, with clear price increase expectations in the chip design segment [1] - Media reports indicate that MediaTek plans to adjust prices moderately, while Analog Devices will increase prices by 10%-15% starting February 1 [1] - The storage chip "super cycle" is ongoing, with Counterpoint Research predicting a price increase of 40%-50% in the first quarter [1] Group 3 - Dongwu Securities believes that Tesla's Optimus robot production ramp-up will drive demand for AI chips, with the AI 5 chip design completed for internal use [2] - Future growth may be limited by chip supply, highlighting the necessity of establishing proprietary wafer fabs, as chip design capability is crucial for the commercialization of humanoid robots [2] - Huachuang Securities notes significant resource investment in advancing NAND chip and controller design technology, driven by surging demand for data center storage chips [2]

Core Insights - The public fund market will see the launch of 29 new funds in the first week of February 2026, with equity products remaining the dominant category [1] Fund Distribution - Among the 29 new funds, there are 11 equity funds, 7 mixed funds, 6 FOFs (Fund of Funds), and 5 bond funds, with an average subscription period of 12 days [3] - Active equity products include 8 funds with an average subscription period of approximately 13 days, including 2 pharmaceutical-themed products: Shangyin Medical Selection and Guangfa Medical Innovation Selection, the latter having a fundraising cap of 8 billion units and a subscription period of 3 days [4] - Passive index products feature themes such as biotechnology, non-ferrous metals, and batteries, with an average subscription period of 10 days. Three products have a fundraising cap of 8 billion units: E Fund CSI Battery Theme ETF, Bosera CSI Industrial Non-Ferrous Metals Theme ETF, and E Fund CSI All-Share Dividend Quality ETF [4] - The 6 FOFs have an average subscription period of about 11 days, all with a 3-month holding period, and three have a fundraising cap of 8 billion units: Guangfa Yuefeng Multi-Asset Stable Three-Month Holding, Guotou Ruijin Multi-Asset Stable Three-Month Holding, and Tianhong Yingxiang Multi-Asset Leading Three-Month Holding [4] - The 5 bond funds have an average subscription period of approximately 18 days, with Luobomai Tianhang and Nongyin Ruiheng setting a fundraising cap of 6 billion units [4]

所以，回答"黄金还能不能买"这个问题，天弘基金沙川的结论是：未来2-3年，他对黄金价格比较 看好，认为美元黄金和人民币黄金都会走强，中美长期博弈这个基本面没有改变，黄金的上涨逻辑就依 然牢固。对于普通投资者来说，关键是要认识到黄金的战略配置价值。天弘基金沙川建议在符合自身投 资风险承受能力的前提下采取"底仓+定投"的方式，不要因为短期波动而轻易改变长期策略。同时，黄 金始终是重要的控险资产，是投资组合中实现资产多元化的有效工具，并且在汇率波动加剧时或能起到 良好的对冲作用。 看好黄金的投资者可以关注天弘上海金ETF发起式联接基金（A类：014661；C类：014662） ，其 紧密跟踪金价，买卖便捷，无实物交易损耗，上支付宝、天天基金、京东金融搜索"天弘上海金"即可了 解。 风险提示：观点仅供参考，不构成投资建议，市场有风险，投资需谨慎。基金过往业绩不代表未来 表现，基金管理人及基金经理管理的其他基金的业绩并不构成对本基金业绩表现的保证。投资者在购买 黄金基金前应仔细阅读基金招募说明书与基金合同，请根据自身投资目的、投资期限、投资经验等因素 充分考虑自身的风险承受能力，在了解产品情况及销售适当性意见的基础上， ...

资料显示，上海澳华内镜股份有限公司位于上海市闵行区光中路133弄66号，成立日期1994年10月27 日，上市日期2021年11月15日，公司主营业务涉及从事电子内窥镜设备及内窥镜诊疗手术耗材研发、生 产和销售的高新技术企业。主营业务收入构成为：内窥镜设备92.35%，内窥镜诊疗耗材3.71%，内窥镜 维修服务收入3.58%，租赁收入0.35%。 天弘臻选健康混合A（014708）基金经理为刘盟盟。 截至发稿，刘盟盟累计任职时间8年18天，现任基金资产总规模13.85亿元，任职期间最佳基金回报 57.37%， 任职期间最差基金回报-10.8%。 声明：市场有风险，投资需谨慎。 本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本 文出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 从基金十大重仓股角度 数据显示，天弘基金旗下1只基金重仓澳华内镜。天弘臻选健康混合A（014708）四季度减持2.01万股， 持有股数4.84万股，占基金净值比例为7.82%，位居第六大重仓股。根据测算，今日浮亏损失约11.28万 元。 天弘臻 ...

数据显示，我国变压器行业企业约3000家。2025年，我国变压器出口总值达646亿元，比2024年增长近 36%。 2026年2月2日，电网设备板块表现活跃。截至10:01，电网设备主题指数强势上涨3.42%，成分股双杰电 气、电科院20CM涨停，保变电气、积成电子、白云电器、大连电瓷等个股均10CM涨停。 当前，全球AI算力建设进入爆发期，高功率、高稳定的供电成为算力集群的"生命线"。我国算力中心、 超算集群建设全面提速，叠加"东数西算"工程纵深推进，作为"电力心脏"的变压器肩负重任。在广东、 江苏等地调研发现，大量变压器工厂已经处于满产的状态。江苏的一家变压器工厂，产品订单已经排到 2027年底，其中，国内首台全绝缘超高压大容量变压器近日发往北美市场。 相关产品方面，天弘中证电网设备主题指数(A类：025832，C类：025833)紧密跟踪电网设备主题指 数，中证电网设备主题指数选取80只业务涉及特高压产业、智能电网建设等领域的上市公司证券作为指 数样本，反映电网设备主题上市公司证券的整体表现。如果想分享AI算力发展的红利，天弘中证电网 设备值得关注。 感兴趣的小伙伴，上支付宝、天天基金、京东金融等渠道搜 ...

Group 1 - The core point of the news is that Guoxin Technology's stock price dropped by 5.21% to 34.40 CNY per share, with a trading volume of 153 million CNY and a turnover rate of 1.30%, resulting in a total market capitalization of 11.558 billion CNY [1] - Guoxin Technology, established on June 25, 2001, and listed on January 6, 2022, focuses on providing IP licensing, chip customization services, and self-developed chips and modules, primarily in the fields of information security, automotive electronics, and industrial control [1] - The revenue composition of Guoxin Technology includes 42.19% from self-developed chips and modules, 28.54% from chip customization services, 22.06% from mass production services, 6.48% from customized services, 0.70% from IP licensing, and 0.03% from other sources [1] Group 2 - Tianhong Fund holds a significant position in Guoxin Technology, with its Tianhong CSI 1000 Enhanced Strategy ETF (159685) owning 5,800 shares, accounting for 0.96% of the fund's net value, making it the sixth-largest holding [2] - The Tianhong CSI 1000 Enhanced Strategy ETF has a current scale of 18.4152 million CNY and has achieved a year-to-date return of 11.31%, ranking 879 out of 5,579 in its category, with a one-year return of 55.62%, ranking 969 out of 4,285 [2]

Core Viewpoint - In January 2026, the A-share ETF market exhibited a clear divergence, with over 200 billion yuan flowing into thematic ETFs in sectors like non-ferrous metals, gold, chemicals, and technology, while core broad-based ETFs like CSI 300 and CSI 1000 experienced a net outflow exceeding 1 trillion yuan [1][10]. Group 1: ETF Market Overview - The overall ETF market size reached approximately 54,787.98 billion yuan, with a net outflow of 841.87 billion yuan in January [3]. - Stock-type ETFs saw a net outflow of 793.80 billion yuan, while thematic stock ETFs recorded a net inflow of 1,219.92 billion yuan [3]. - The CSI 300 ETF from Huatai-PineBridge had a net outflow of 1,908.43 billion yuan, marking the largest outflow among broad-based ETFs [11]. Group 2: Performance of Thematic ETFs - The non-ferrous metals ETF and gold ETFs attracted significant inflows, with the non-ferrous metals ETF receiving 182.57 billion yuan and the gold ETF 147.71 billion yuan [13]. - The semiconductor ETFs, including the China-Korea Semiconductor ETF, saw substantial gains, with the former increasing by 45.09% in January [6]. - Other notable performers included the chemical ETF and the electric grid equipment ETF, which also received over 100 billion yuan in inflows [13]. Group 3: Sector Performance - In January, the non-ferrous metals and technology sectors alternated as the leading gainers, with the semiconductor and gold stock ETFs rising over 40% [4]. - The AI application concept surged, leading to a 20% increase in the media ETF, while oil and gas stocks also saw gains of over 20% [4]. - Conversely, the banking ETF and automotive ETF experienced declines, with the banking ETF dropping over 6% [7][8].