（文章来源：每日经济新闻） 每经AI快讯，1月28日，房地产板块盘初冲高，盈新发展涨停，大悦城涨超9%，中洲控股、京能置业、 合肥城建、万科A、新大正跟涨。 ...

Report Industry Investment Rating No relevant content provided. Core Views of the Report - Gold is expected to reach a new high, and silver is aiming for 100. Copper prices are likely to be strong due to the decline of the US dollar. Zinc and tin are expected to trade in a high - level range. Lead prices are supported by the decrease in LME inventory. Aluminum is expected to perform strongly, with an increase in alumina maintenance. Cast aluminum alloy will follow the trend of electrolytic aluminum. Platinum is expected to move upward in a volatile manner, and palladium is expected to rise slowly. The situation of nickel in Indonesia remains uncertain, with a game between hedging and speculative positions. Stainless steel prices are supported by the rise of ferronickel due to concerns about nickel ore in Indonesia [2]. Summary by Related Catalogs Gold and Silver - **Fundamental Data**: For gold, Comex gold 2602 rose 2.11% to 4938.40, while Shanghai gold 2602 fell 0.49% to 1083.56. For silver, Comex silver 2602 rose 3.51% to 96.215, and Shanghai silver 2602 rose 0.82% to 23370. Gold ETF holdings increased by 2 to 1079.66. Shanghai gold inventory increased by 2019 to 102009 kg, and Comex gold inventory (previous day) increased by 6979 to 36142880 troy ounces. Shanghai silver inventory decreased by 11727 to 589052 kg, and Comex silver inventory (previous day) decreased by 4162840 to 422313658 troy ounces [4]. - **Macro and Industry News**: Trump downplayed the risk of dollar depreciation, and the euro - US dollar exchange rate broke through 1.20. The US consumer confidence index in January dropped to the lowest level since May 2014. The US will hold an air force combat readiness exercise in the Middle East, causing oil prices to rise 3% and spot gold to rise over 2%. The US government shutdown is approaching [4][6][7][8]. - **Trend Intensity**: Gold and silver both have a trend intensity of 1 [10]. Copper - **Fundamental Data**: Shanghai copper's main contract closed at 102600, up 0.71%, and the night - session price dropped 1.01% to 101560. London copper 3M electronic disk closed at 13024, down 1.21%. Shanghai copper inventory decreased by 406 to 144908, and London copper inventory increased by 1825 to 172350 [11]. - **Macro and Industry News**: The "new Fed newswire" said that the Fed is expected to pause rate cuts this week. Japanese copper smelters are still negotiating TC/RC for 2026. A Chilean copper mine was fined, and a copper - gold mine in northern Chile stopped production. Road blockades at some mines in Chile were lifted [11][13]. - **Trend Intensity**: Copper has a trend intensity of 1 [13]. Zinc - **Fundamental Data**: Shanghai zinc's main contract closed at 24950, up 0.91%. London zinc 3M electronic disk closed at 3351, up 2.51%. Shanghai zinc inventory decreased by 624 to 28312 tons, and London zinc inventory decreased by 775 to 110550 tons [14]. - **News**: The US will hold an air force combat readiness exercise in the Middle East. The "new Fed newswire" said that the Fed is expected to pause rate cuts in January, and there is uncertainty about future rate cuts [15][16]. - **Trend Intensity**: Zinc has a trend intensity of 0 [16]. Lead - **Fundamental Data**: Shanghai lead's main contract closed at 17000, down 0.41%. London lead 3M electronic disk closed at 2036, up 0.05%. LME lead inventory decreased by 2425 to 211175 tons [17]. - **News**: The "new Fed newswire" said that the Fed is expected to pause rate cuts this week [18]. - **Trend Intensity**: Lead has a trend intensity of 0 [18]. Tin - **Fundamental Data**: Shanghai tin's main contract closed at 451160, up 6.07%, and the night - session price dropped 3.26% to 436450. London tin 3M electronic disk closed at 54865, up 0.68%. Shanghai tin inventory decreased by 71 to 8553 [21]. - **Macro and Industry News**: US consumer confidence dropped to the lowest level since 2014. The Japanese finance minister said that they will coordinate with the US to take appropriate actions on exchange - rate fluctuations if necessary [21][23]. - **Trend Intensity**: Tin has a trend intensity of 0 [22]. Aluminum, Alumina, and Cast Aluminum Alloy - **Fundamental Data**: Shanghai aluminum's main contract closed at 24305, up 90. LME aluminum 3M closed at 3213, up 17. The domestic aluminum ingot social inventory was 79.60 million tons, unchanged from the previous day. The average domestic alumina price was 2649, down 4 [24]. - **Comprehensive News**: UBS said that rising metal and memory prices will erode the profits of electric vehicle enterprises. The US government shutdown is approaching [26]. - **Trend Intensity**: Aluminum has a trend intensity of 1, alumina has a trend intensity of 0, and cast aluminum alloy has a trend intensity of 1 [26]. Platinum and Palladium - **Macro and Industry News**: Trump said he is not worried about dollar depreciation. The "Fed newswire" said that the Fed is expected to pause rate cuts, and the path of resuming rate cuts is unclear. Trump said the US has sent a large naval fleet towards Iran. The Hungarian central bank governor said Hungary may consider increasing the proportion of gold in central bank reserves [31]. - **Trend Intensity**: Platinum and palladium both have a trend intensity of 0 [30]. Nickel and Stainless Steel - **Fundamental Data**: Shanghai nickel's main contract closed at 146110, up 730. The stainless - steel main contract closed at 14540, down 105 [33]. - **Macro and Industry News**: The Indonesian government has suspended issuing new smelting licenses. The Chinese government has implemented export license management for some steel products. The Indonesian government may adjust the nickel ore production target and benchmark price formula. Some mines in Indonesia are facing potential fines for illegal land occupation [33][34][36]. - **Trend Intensity**: Nickel and stainless steel both have a trend intensity of 0 [38].

港股恒生指数开盘涨0.73%，报27325.89点，恒生科技指数涨0.56%，报5786.66点，国企指数涨0.63%， 报9302.93点，红筹指数涨0.26%，报4299.98点。 大型科技股中，阿里巴巴-W涨0.35%，腾讯控股涨0.99%，京东集团-SW涨1.5%，小米集团-W平收，网 易-S涨0.97%，美团-W涨0.47%，快手-W涨0.63%，哔哩哔哩-W涨0.52%。 电力设备股高开，哈尔滨电气涨超2%；创新药概念活跃，先声药业涨超5%；黄金股普涨，赤峰黄金涨 超4%。零食巨头鸣鸣很忙首日上市涨逾88%；紫金矿业涨逾2%，新东方跌逾3%。 【隔夜外盘】 美股三大指数涨跌不一，道指跌0.83%，纳指涨0.91%，标普500指数涨0.41%并创收盘新高。热门中概 股涨跌互现，纳斯达克中国金龙指数收涨0.48%。 "七巨头"中六家上涨，英伟达、苹果涨超1%，微软、亚马逊涨逾2%，仅特斯拉一家下跌。费城半导体 指数涨2.4%，也收于历史新高。30只成分股中27家收涨。 金价再度刷新历史新高。现货黄金收涨3.3%，报5180.2美元/盎司；现货白银收涨7.92%，报112.16美元/ 盎司。 【隔夜资讯 ...

Group 1: Electricity Market Reform - The cancellation of fixed time-of-use electricity pricing is a significant market reform in China's electricity sector, with 11 provinces and cities issuing related notifications, and 9 regions implementing the policy [2] - The National Development and Reform Commission and the National Energy Administration's document, effective from March 1, 2026, indicates that market participants will no longer have government-mandated time-of-use pricing, marking a shift to a market-driven pricing model [2] Group 2: Labor Rights and Regulations - The Ministry of Human Resources and Social Security plans to revise the "Employee Paid Annual Leave Regulations" to ensure better implementation of paid leave for employees [2] Group 3: AI Developments - Anthropic is planning to raise approximately $20 billion, doubling its initial target, with a valuation of $350 billion, indicating strong investor interest in the AI startup [6] - The launch of the Qwen3-Max-Thinking model by Alibaba, which surpasses several leading models in performance, highlights advancements in AI technology [9] Group 4: Semiconductor Industry - Two semiconductor companies, Zhongwei Semiconductor and Guokai Microelectronics, announced price increases for certain chip products due to supply chain pressures, with increases ranging from 15% to 80% [12] Group 5: Corporate Governance - The actual controller of Dongcai Technology, Xiong Haitao, is under investigation, which may impact the companies he controls, including Dongcai Technology, Yichang Technology, and Gaomeng New Materials [13] Group 6: Market Trends - The price of gold jewelry has increased, with major brands reporting prices between 1575 and 1585 yuan per gram [18] - The price of investment silver bars has surged, with a 1000g silver bar priced at 30,860 yuan, reflecting rising demand in the market [18]

1月21日，万科一笔余额11亿元的"21万科02"债券2026年第一次持有人会议的议案四获表决通过。简而 言之，该方案以固定兑付安排+回售部分债券本金的40%先行兑付剩余60%本金展期1年+提供增信措施 的方式获得债券持有人的高票支持。 公开信息显示，"22万科MTN004"债券本金兑付日为2025年12月15日，债项余额20亿元，本计息期债项 利率3%；"22万科MTN005"债券本金兑付日为2025年12月28日，债项余额37亿元，本计息期债项利率 3%。 【#万科57亿元债券成功展期#】#深铁向万科提供不超23.6亿借款# 继"21万科02"债券展期议案获得表决 通过之后，万科的另外两笔债券展期亦告成功。1月27日，记者从中国银行间市场交易商协会官网获 悉，万科一笔余额20亿元的"22万科MTN004"债券2026年第一次持有人会议及一笔余额37亿元的"22万 科MTN005"债券2026年第一次持有人会议的议案3即"本期中期票据本息兑付安排调整的议案（特别议 案）"均获得全票通过。这意味着近期围绕万科的债务展期事宜暂告一段落。 业内资深人士分析认为，鉴于此前"21万科02"债券已成功展期，此次另外两只 ...

继"21万科02"债券成功展期后，万科另外两笔债券展期议案也获得通过。 随着上述三项债券成功展期，意味着近期围绕万科的债务展期事宜暂告一段落，违约危机暂时解除。此 外，万科第一大股东深圳市地铁集团有限公司(下称深铁集团)再次为其"输血"。 据万科A在1月27日晚间公告称，深铁集团向公司提供不超过23.6亿元借款。借款用途为偿还公司在公开 市场发行的债券本金与利息。借款期限为36个月，借款利率为每笔借款提款日前一工作日全国银行间同 业拆借中心公布的1年期贷款市场报价利率减66个基点，目前为2.34%。2025年以来，深铁集团曾多次 向万科"输血"，累计金额超过300亿元。 截至1月27日收盘，万科A股价为4.75元，跌幅1.45%，市值为566.7亿元。 两份展期议案内容一致，即先支付一笔10万元的小额款项；其次，本金分期兑付，1月28日先兑付40% 本金，同时兑付利息，剩余60%的本金展期一年。 1月21日，万科"21万科02"债展期方案以92.11%的高同意率获得通过，余额11亿元。这也是万科自2025 年底陷入债券展期困境以来，首个成功落地的展期方案。 上海易居房地产研究院副院长严跃进此前在接受智通财经采 ...

重要的消息有哪些 1．国务院总理李强日前签署国务院令，公布修订后的《中华人民共和国药品管理法实施条例》，自2026年5月15日起施行。 2．英国首相斯塔默将于1月28日至31日对中国进行正式访问，这将是英国首相时隔8年首次访华。商务部新闻发言人27日就中英经贸合作情况答记者问时 表示，访问期间，商务部拟与英方签署贸易投资合作方面成果文件，力争打造中英经贸合作的新增长点。 3．近日，中国人民银行召开2026年反洗钱工作会议。会议要求，2026年要充分认识反洗钱工作面临的新形势新要求，认真做好当前和今后一段时期反洗 钱重点工作。一是持续推进反洗钱条线从严治党，坚持以高水平党建引领业务工作。二是全力做好第五轮反洗钱国际评估工作，推进我国反洗钱工作高质 量发展。三是有序推动新修订的《中华人民共和国反洗钱法》和相关制度落地实施，进一步发挥反洗钱工作部际联席会议机制作用。四是切实提高金融机 构和特定非金融机构反洗钱监管能力，不断提升受益所有人信息管理工作质量。五是建立打击治理洗钱违法犯罪常态化工作机制，进一步提升反洗钱监测 分析能力。 6．近期，印度暴发尼帕病毒病疫情引发关注。国家疾控局有关负责人表示，目前我国尚未发现尼 ...

Group 1 - Vanke A received a loan of up to 2.36 billion yuan from Shenzhen Metro Group [1] - Jiashitang announced a suspension of trading due to a planned change in control by shareholders [1] - Shunhao Co. stated that its core technology aligns well with global space computing trends [1] Group 2 - Ruishun Technology's high-speed robots have secured initial cooperation orders from several 3C companies [1] - Huanghe Xuanfeng plans to start mass production of heat sink plates in February [1] - Yingxin Development intends to acquire 60% of Guangdong Changxing Semiconductor for 520 million yuan, expecting significant revenue growth from storage chip business [1] Group 3 - Robotech signed a mass production order for wafer testing equipment and services worth 38.03 million yuan [1] - Pizaihuang's innovative drug PZH2113 capsule has completed the first subject enrollment in Phase I clinical trials, with no similar drugs approved domestically or internationally [1] - Nord shares are undergoing a technical upgrade for a production line to enable mass production of high-end lithium battery copper foil [1] Group 4 - Pizaihuang's controlling shareholder plans to increase its stake in the company by 300 million to 500 million yuan [1] - Huasheng Lithium intends to adjust its share repurchase price ceiling from 32 yuan to no more than 150 yuan per share [1] Group 5 - Shenzhen South Circuit expects a net profit increase of 68%-78% in 2025, driven by storage market demand [1] - Ganfeng Lithium anticipates a net profit of 1.1 billion to 1.65 billion yuan in 2025, reversing previous losses [1] - Muxi Co. forecasts a net loss of 650 million to 798 million yuan in 2025, with a narrowing loss [1] Group 6 - Ningbo Fubon expects a net profit increase of 3099.59%-4379.43% in 2025 [1] - Jinma Amusement anticipates a net profit increase of 811.17%-1069.56% in 2025 [1] - Yiqiu Resources projects a net profit increase of 620%-970% in 2025 [1] Group 7 - Zhenlei Technology expects a net profit increase of 530%-642% in 2025, focusing on satellite communication market opportunities [1] - Nanya New Materials anticipates a net profit increase of 337%-417% in 2025, driven by demand recovery in the copper-clad laminate industry [1] - Zhimingda forecasts a net profit increase of approximately 414% in 2025 [1] Group 8 - Shijia Photon expects a net profit increase of approximately 426% in 2025, with Q4 performance below expectations [1] - Huatuo Shanding anticipates a net profit increase of 428.38%-692.57% in 2025 [1] - Jianfeng Group expects a net profit increase of 325.97% in 2025 [1] - Yihua Co. forecasts a net profit increase of 150%-214% in 2025, driven by growth in the computing industry [1]

Company Updates - MAGEC has formed a partnership with NVIDIA, becoming a designated provider of data center components in the server power sector, actively participating in the innovative design and collaborative construction of NVIDIA's Blackwell series architecture data center hardware systems [5] - Microchip Technology has announced a price increase for its products due to industry-wide chip supply tightness and rising costs, with price adjustments ranging from 15% to 50% [5] - Guokai Microelectronics has issued a price increase notice, with price hikes of 40% for 512Mb KGD products, 60% for 1Gb KGD products, and 80% for 2Gb KGD products starting January [6] - Muxi Co., Ltd. expects to achieve an operating income of 1.6 billion to 1.7 billion yuan for 2025, representing a growth of 115.32% to 128.78% compared to the previous year [10] - Zhongjin Gold anticipates a net profit of 4.8 billion to 5.4 billion yuan for 2025, an increase of 41.76% to 59.48% year-on-year [11] - Zhenlei Technology expects a net profit of 123 million to 145 million yuan for 2025, a year-on-year increase of 529.64% to 642.26% [10] - Ganfeng Lithium expects a net profit of 1.1 billion to 1.65 billion yuan for 2025, reversing a loss of 2.074 billion yuan in the previous year [12] Industry Insights - The aerospace sector is benefiting from policy support for a modern industrial system, with a focus on artificial intelligence and commercial aerospace, indicating long-term investment value [8] - The storage chip market is experiencing a price surge, with Samsung and SK Hynix negotiating significant price increases for low-power DRAM supplied to Apple, with increases exceeding 80% and 100% respectively [8] - The domestic aircraft manufacturing sector is seeing improvements in supply chain conditions, with COMAC expected to deliver no less than 28 C919 aircraft in 2026, increasing the share of domestic aircraft in China's civil aviation fleet from 1.3% in 2019 to 4.7% [8] - Japan's proposed $550 billion investment plan includes a project to build a synthetic diamond factory in the U.S., aimed at increasing the production of critical materials for chips and precision manufacturing [9]

4、面对美国政府一系列的霸凌行为，越来越多国家的政府愈发重视起了卫星主权。欧洲、中东和亚洲 国家正纷纷投资建设本国卫星，或付费获取私营卫星的专属使用权。阿曼MB集团与商业卫星初创公司 Astranis达成互联网卫星合作协议。加拿大政府向位于渥太华的Telesat公司提供约16亿美元贷款，用于 Lightspeed卫星通信网络建设。总部位于巴黎的卫星公司Eutelsat，去年也获得了英法两国政府的资金支 持。 5、欧盟政府卫星通信计划已于"上周"启动。该计划汇集了27个欧盟成员国政府拥有的卫星的现有通信 能力。该计划据称是欧洲天基通信摆脱对外国供应商依赖的第一步，旨在确保关键业务的顺利开展。欧 盟国防和太空事务专员披露，该计划未来将进一步扩大带宽和覆盖范围；卫星互联网星座IRIS²预计在 2029年完成初步部署。IRIS²星座规划由近290颗卫星组成。此外，4助推器版的阿丽亚娜-6火箭很快将 迎来首飞。 股市动态 | 上证指数 | 深证成指 | 北证50 | | --- | --- | --- | | 4139.90 | 14329.91 | 1564.94 | | +7.30 +0.18% | +13.27 ...