MACD金叉信号形成，这些股涨势不错！ 摩根大通表示，洛阳钼业完成巴西金矿收购后，于上周日举行电话会议，该行上周亦接待其投资者关系 团队。有关会议进一步强化该行对洛钼策略与营运的正面看法。主要业务更新包括：巴西金矿收购顺利 完成，管理层目标今年黄金产量6至8吨，并于2030年前达20吨；以及今年铜产量指引细节，由工艺优化 及KFM二期产能上升所支持。该行上调对洛钼今明两年盈利预测27%至30%，并将洛钼A股及H股目标 价分别由24元及24港元，上调至30元及30港元，重申"增持"评级。 ...

上天天基金APP搜索777注册即可领500元券包，优选基金10元起投！限量发放！先到先得！ 今天上午，有色金属板块全面大涨，油气开采板块走强。美元指数大跌、地缘事件等是两者共同的 催化因素。"三桶油"、有色双巨头紫金矿业、洛阳钼业均上涨。 市场对资源股的热情，也蔓延至其他的周期板块，化工、钢铁、煤炭等板块上涨，此外，化工板块 还受益于涨价主题催化。 同样 受涨价主题催化的还有 半导体板块，相关概念股上午表现活跃。龙头公司 中微半导 1月27日 发布涨价通知函，截至上午收盘 涨超14%，早盘触及"20CM"涨停。 截至上午收盘，上证指数上涨0.49%，深证成指上涨0.09%，创业板指下跌0.37%。全市场半日成 交额超1.93万亿元。 有色金属、油气开采板块大涨 今天上午，有色金属板块全面大涨，其中，贵金属板块领涨，招金黄金、四川黄金、湖南黄金等个 股涨停。 | 贵金属 | 8006.33 10.26% | | | | --- | --- | --- | --- | | 成分股 基金 | 简况(F10) | 资金 | 板块分析 | | 名称代码 | 最新 | 涨幅 ◆ | 流通市值 | | 晓程科技 融 300 ...

Group 1: Market Overview - The non-ferrous metal sector experienced a significant rise, with major companies like Zijin Mining and Luoyang Molybdenum seeing substantial gains [1][4] - The oil and gas extraction sector also strengthened, with "three major oil companies" collectively rising, including China National Offshore Oil Corporation increasing over 7% [8] - The overall market sentiment towards resource stocks extended to other cyclical sectors such as chemicals, steel, and coal, all of which saw upward movement [1][11] Group 2: Specific Sector Performance - Precious metals led the gains in the non-ferrous metal sector, with stocks like Zhaojin Mining, Sichuan Gold, and Hunan Gold hitting the daily limit [5][7] - The chemical sector benefited from price increase themes, with specific products like epoxy propylene and glyphosate seeing price hikes [11][12] - The semiconductor sector was also active, with companies like Zhongwei Semiconductor rising over 14% after announcing price increases of 15%-50% for certain products due to supply chain pressures [14] Group 3: Economic Indicators - The US dollar index fell significantly, reaching a near four-year low, influenced by market speculation regarding potential currency interventions by the US and Japan [10] - Analysts predict that oil prices may see a bottoming out and potential recovery in mid-2026, driven by demand recovery and global inventory accumulation [10]

全球铜矿供给扰动再起，智利Escondida及Zaldívar铜矿关键道路遭工会阻塞，Mantoverde铜矿已因罢工 停产，Lundin Mining同步下调2026年铜产量指引。国泰海通证券认为，在自由港与泰克资源产量预期 下调背景下，2026年铜供需紧张格局将进一步加剧；叠加美联储降息预期强化及财政支出强化预期，铜 价或延续偏强运行态势。 2026年1月28日早盘，有色金属、小金属板块领涨，截至午间收盘，中证工业有色金属主题指数 (H11059)强势上涨5.59%，成份股白银有色、中国铝业、云南铜业纷纷10cm涨停，铜陵有色，南山铝业 等个股跟涨。工业有色ETF万家(560860)上涨5.75%。拉长时间看，截至2026年1月27日，工业有色ETF 万家近1周累计上涨8.95%。 截至2026年1月27日，工业有色ETF万家最新规模达151.94亿元，最新份额达76.66亿份，均创成立以来 新高。从资金净流入方面来看，工业有色ETF万家近4天获得连续资金净流入，最高单日获得2.25亿元 净流入，合计"吸金"4.52亿元。 截至2025年12月31日，中证工业有色金属主题指数(H11059)前十大权重股分 ...

Group 1: Market Overview - The non-ferrous metal sector experienced a significant rise, with precious metals leading the gains, as stocks like Zhaojin Gold, Sichuan Gold, and Hunan Gold hit the daily limit [2][4] - The oil and gas extraction sector also saw strong performance, with major companies like China National Offshore Oil Corporation (CNOOC) rising over 7%, and PetroChina and Sinopec increasing by 4.6% and 2.67% respectively [4] - The overall market sentiment was positive, with the Shanghai Composite Index up by 0.49% and the Shenzhen Component Index up by 0.09%, while the ChiNext Index fell by 0.37% [1] Group 2: Sector Performance - The chemical and semiconductor sectors showed strength, driven by price increase themes, with specific chemicals like epoxy propylene and glyphosate seeing price rises [9][10] - Semiconductor stocks were notably active, with Zhongwei Semiconductor rising over 14% after announcing price hikes of 15%-50% on certain products due to supply chain pressures [12] Group 3: Price Movements and Forecasts - Spot gold prices surged past $5200 per ounce, reaching a new historical high [3] - Several gold companies forecast significant profit increases for 2025, with Zhongjin Gold expecting a net profit of 4.8 billion to 5.4 billion yuan, a year-on-year increase of 41.76%-59.48% [4] - The chemical sector is experiencing a price recovery, with key products like acetone and epoxy propylene seeing price increases, driven by rising demand and supply chain dynamics [11]

Group 1: Market Overview - The non-ferrous metal sector experienced a significant rise, with precious metals leading the gains, as stocks like Zhaojin Gold, Sichuan Gold, and Hunan Gold hit the daily limit [4][17] - The oil and gas extraction sector also strengthened, with major companies like CNOOC rising over 7%, and PetroChina and Sinopec increasing by 4.6% and 2.67% respectively [6][19] - The overall market sentiment towards resource stocks extended to other cyclical sectors, including chemicals, steel, and coal, which also saw increases [14] Group 2: Semiconductor Sector - The semiconductor sector was notably active, with stocks like Zhongwei Semiconductor rising over 14% after announcing price increases due to supply chain pressures and rising costs [13][25] - Zhongwei Semiconductor's price adjustments for products like MCU and NOR Flash range from 15% to 50%, reflecting the industry's current supply-demand challenges [25] - The semiconductor industry's growth is further supported by high demand for AI computing and storage, leading to increased earnings expectations for related companies [25] Group 3: Chemical Sector - The chemical sector saw gains driven by price increases in key products such as epoxy propylene and glyphosate, with companies like Qihua Tengda reporting significant price recoveries [10][12] - The price of disperse dye core intermediates surged from 25,000 to 38,000 yuan, indicating a strong upward trend in dye prices [12][25] - The chemical sector's performance is bolstered by international market demand, particularly from the textile industry in Bangladesh [12] Group 4: Economic Indicators - The US dollar index fell sharply, reaching a near four-year low, which contributed to the rise in resource stocks [20][21] - Market speculation about potential currency interventions by the US and Japan has influenced currency dynamics, particularly strengthening the yen against the dollar [21][22] - Analysts predict that oil prices may stabilize around $60 per barrel in the long term, supported by demand recovery and production cost considerations [22]

还值得注意的是，洛阳钼业1月25日公告称，公司曾于2025年12月15日披露收购金矿项目，通过控股子公司收购加拿大EquinoxGoldCorp.旗下Aurizona金 矿、RDM金矿、Bahia综合矿区100%权益。北京时间2026年1月23日，该收购完成交割。交易涉及金矿含黄金资源量501.3万盎司，平均品位1.88g/t；储量 387.3万盎司，平均品位1.45g/t。2026年黄金预计年化产量6~8吨，将增厚公司资源储备。 杰富瑞近日发表研报指，洛阳钼业去年12月宣布收购Equinox Gold公司在巴西的黄金资产组合，收购对价最高约为10亿美元。相关交易已经完成。该行的 资产净值分析显示，其隐含金价约为每盎司3320美元。公司在去年中期业务更新时表示，黄金将成为公司继铜以外的另一个业务支柱。管理层认为，以 是次收购约10亿美元的成本计算，预期将获得合理回报，并对黄金持建设性看法。该行预计巴西及厄瓜多尔项目在全面达产后，黄金产量每年将达20 吨。在不考虑进一步扩产或收购的情况下，估计黄金将占洛阳钼业2026年毛利的5%至6%，并于2030年提升至10%以上。管理层初步目标到2030年将黄金 产量翻倍， ...

公司在去年中期业务更新时表示，黄金将成为公司继铜以外的另一个业务支柱。管理层认为，以是次收 购约10亿美元的成本计算，预期将获得合理回报，并对黄金持建设性看法。另外，管理层亦表示有望一 步降低收购所得资产的营运成本，包括协同效应和效率提升，以及公司所提供更具竞争力的采购和供应 链管理。 长期黄金产量目标方面，该行预计巴西及厄瓜多尔项目在全面达产后，黄金产量每年将达20吨。在不考 虑进一步扩产或收购的情况下，估计黄金将占洛阳钼业2026年毛利的5%至6%，并于2030年提升至10% 以上。管理层初步目标到2030年将黄金产量翻倍，计划主要透过并购实现。 富瑞发布研报称，洛阳钼业（603993）(03993)去年12月宣布收购Equinox Gold公司在巴西的黄金资产组 合，收购对价最高约为10亿美元。相关交易已经完成。该行的资产净值分析显示，其隐含金价约为每盎 司3,320美元，对比现货金价超过5,000美元，而年初至今平均价高于4,500美元。该行现予洛阳钼业H股 目标价25.9港元，洛阳钼业(603993.SH)A股目标价26.7元人民币，均予"买入"评级。 ...

智通财经APP获悉，富瑞发布研报称，洛阳钼业(03993)去年12月宣布收购Equinox Gold公司在巴西的黄 金资产组合，收购对价最高约为10亿美元。相关交易已经完成。该行的资产净值分析显示，其隐含金价 约为每盎司3,320美元，对比现货金价超过5,000美元，而年初至今平均价高于4,500美元。该行现予洛阳 钼业H股目标价25.9港元，洛阳钼业(603993.SH)A股目标价26.7元人民币，均予"买入"评级。 长期黄金产量目标方面，该行预计巴西及厄瓜多尔项目在全面达产后，黄金产量每年将达20吨。在不考 虑进一步扩产或收购的情况下，估计黄金将占洛阳钼业2026年毛利的5%至6%，并于2030年提升至10% 以上。管理层初步目标到2030年将黄金产量翻倍，计划主要透过并购实现。 公司在去年中期业务更新时表示，黄金将成为公司继铜以外的另一个业务支柱。管理层认为，以是次收 购约10亿美元的成本计算，预期将获得合理回报，并对黄金持建设性看法。另外，管理层亦表示有望一 步降低收购所得资产的营运成本，包括协同效应和效率提升，以及公司所提供更具竞争力的采购和供应 链管理。 ...

Core Viewpoint - The non-ferrous metal sector is experiencing a strong upward trend, driven by rising prices of precious and industrial metals, with significant interest in the ETF Huatai-PineBridge Nonferrous Metals (159652) and its constituent stocks [1][4][6]. Market Performance - As of January 28, 2026, the CSI Nonferrous Metals Industry Theme Index (000811) rose by 5.06%, with constituent stocks such as silver and aluminum companies seeing increases of over 10% [1]. - The Huatai-PineBridge Nonferrous Metals ETF (159652) recorded a 5.27% increase, with a recent price of 2.18 yuan, and a weekly increase of 9.23% [1]. - The ETF had a turnover of 5% during trading, with a transaction volume of 348 million yuan, and an average daily transaction volume of 108 million yuan over the past year [1]. Fund Flows - The Huatai-PineBridge Nonferrous Metals ETF saw a net subscription of 3 million units, indicating strong investor interest [2]. - The fund's latest scale reached 6.75 billion yuan, with a net outflow of 14.54 million yuan recently, but it had a net inflow of 289 million yuan over the last five trading days [4]. - Leveraged funds are increasingly investing in the ETF, with a net purchase of 2.31 million yuan in financing this month [4]. Gold Market Outlook - International gold prices surged, with spot gold exceeding 5,200 USD per ounce, marking an increase of over 880 USD this month, or more than 20% [4]. - Wall Street analysts, including Jefferies Group, predict gold prices could reach 6,600 USD per ounce this year, while Morgan Stanley anticipates prices may hit 5,700 USD in the second half of the year due to geopolitical uncertainties and strong demand from central banks and ETFs [5]. Company Updates - Zhongjin Gold announced an expected net profit of 4.8 to 5.4 billion yuan for 2025, representing a year-on-year increase of 41.76% to 59.48% due to improved profitability in its gold mining operations [5]. - Luoyang Molybdenum's cobalt products have begun exporting from the Democratic Republic of the Congo, with an export quota of 6,650 tons for Q4 2025 [5]. - Luoyang Molybdenum completed the acquisition of 100% equity in several gold mines in Canada, expected to contribute 6-8 tons of gold annually starting in 2026 [6]. Sector Trends - The non-ferrous metal sector is benefiting from a combination of global monetary easing, rigid supply, and new demand dynamics, with a strong performance expected in the coming periods [6][8]. - The market anticipates a shift to a rate-cutting cycle starting in September 2024, which could further support the performance of gold and other metals [7][8]. - The demand for industrial metals, particularly copper, is expected to rise due to a recovery in manufacturing inventory cycles and increased capital expenditure in AI and infrastructure [9]. Historical Context - Historical trends indicate that the non-ferrous metal sector often performs well during the second phase of major market cycles, supported by improving economic fundamentals [10][12]. - The current environment of monetary easing and supply constraints is expected to enhance the investment appeal of non-ferrous metals [12].