2026年A股首个交易日（1月5日），重仓互联网龙头的港股互联网ETF（513770）跳空高开，强势大涨 超4%突破年线！港股科网龙头多数上涨，快手狂飙逾12%，哔哩哔哩涨超5%，贝壳、平安好医生、第 四范式等齐涨超4%。 | | | 分时 多日 1分 5分 * | | | | | | | F9 盘前盘后 婴加 九转 画线 工具 (2 2) | | | | | | | | | 进股互联网ETF (1) | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 0.541 | | | | | 513770(德股互联网ETF] 10:04 价 0.542 落跌 0.023(4.43%) 均价 0. | | | | | 4.53% | ಕ್ | | 0.542 +0.023 +4.43% | | | | CONNO A | | | | | | 0.535 | 1 2 | | | | | | | | 3 ...

Core Insights - The Sci-Tech Innovation Board Comprehensive Index (Sci-Tech Index) has become a benchmark for China's innovation sector, reflecting the overall performance of listed companies in the Sci-Tech Innovation Board since its launch on January 20, 2025, with a cumulative increase of approximately 48% by December 31, 2025, significantly outperforming major market indices [1][3] Group 1: Index Overview - The Sci-Tech Index is composed of eligible securities from the Sci-Tech Innovation Board, providing a comprehensive representation of the market, with a sample size of 576 stocks as of December 31, 2025, covering 96% of the total market capitalization exceeding 10 trillion yuan [2][3] - Compared to previously released indices like the Sci-Tech 50, 100, and 200, which cover about 350 stocks, the Sci-Tech Index includes a broader range of companies, including small and medium-sized enterprises that are in high growth phases [2] Group 2: Investment Opportunities - The Sci-Tech Index has facilitated a reevaluation of the value of hard technology assets, with a cumulative increase of 115% since September 24, 2024, indicating strong market interest in these sectors [3] - The index serves as a vital channel for investors looking to allocate resources to core assets in China's hard technology sector, with 78 index funds launched by 46 fund managers, totaling 27.4 billion yuan in assets under management as of December 30, 2025 [4] Group 3: Investor Sentiment - Institutional investors, including insurance funds, brokerages, and bank wealth management, have steadily increased their holdings in the Sci-Tech Index ETF, reflecting confidence in the long-term investment value of the Sci-Tech Innovation Board [5] - The Sci-Tech Index ETF has become a key investment tool for those looking to capitalize on the growth of China's innovation sector, with an average return of 43.7% since its launch, providing a comprehensive and balanced investment option [4][5]

回顾2025年，险资在资本市场留下深刻印记，如举牌次数创十年新高，大举加仓红利资产，成为诸多热 门科技股的重要股东。2026年，险资权益投资会有何新动向？配置盘和交易盘将采取怎样的策略？会在 哪些领域寻找"结构性α"？ 从资产大类看，低利率环境、政策导向及负债端产品结构调整走向纵深，将持续强化险资配置权益类资 产的内在动力；从市场驱动逻辑看，与2025年主要由估值驱动不同，2026年A股市场或转向盈利驱动， 这将促使险资的权益投资策略发生相应调整。 "整体策略基调将更趋审慎与精细化""从追求市场整体弹性转向精选个股和赛道的超额收益""在权益仓 位动态调整上将更趋灵活与精细""策略重心将转向结构优化"……在谈及2026年的投资策略时，多位险 资人士如是说。同时，"寻找中国经济转型升级中的投资机会"成为险资的寻"牛"共识。 增加权益配置动力犹在 展望2026年，驱动险资加大权益投资的核心变量，如宏观利率环境、政策导向和负债端需求，预计将持 续产生催化效应，推动险资增配权益类资产。 瑞众保险相关负责人表示："预计2026年宏观经济将更加注重内需发力，政策回归高质量发展主线，总 体上将呈现流动性平稳、经济稳中向好、通 ...

昨天下午，市委书记陈吉宁围绕抓好"十五五"和全年开局起步工作，在浦东张江专题调研科技创新 和产业发展工作，认真听取企业意见建议。陈吉宁指出，要深入学习贯彻党的二十届四中全会和习近平 总书记考察上海重要讲话精神，切实增强"为国担当、勇为尖兵"的责任感使命感紧迫感，坚持以科技创 新为引领，以改革开放为动力，把持续打造国际一流营商环境作为重要抓手，进一步激发高质量发展动 力活力，为上海"五个中心"和现代化建设作出更大贡献，确保"十五五"开好局、起好步。 作为上海国际科技创新中心建设的核心承载区，张江科学城正按照《聚焦张江再出发加快建设国际 一流科学城行动方案》，全力推进科创布局优化、战略科技力量培育、一流企业培育、科创人才引育和 科创生态提升"五大行动"。位于核心区域的张江人工智能创新小镇，目前已入驻人工智能企业近500 家。陈吉宁来到聚焦服务成长期企业加速发展的模力社区，察看光本位科技、极豆科技、岩山科技等企 业最新产品展示，同企业负责人亲切交流，了解企业在光子计算芯片、智能座舱系统、类脑智能与脑机 接口等领域的研发创新、技术突破和场景应用情况，询问企业下一步发展计划、需要哪些政策服务支 持，希望高科技企业把自身 ...

Core Viewpoint - Huadian Xinjiang Company aims to build a strategic clean energy base in Xinjiang, aligning with national strategies and focusing on energy supply and green low-carbon development [1] Group 1: Energy Development and Projects - During the 14th Five-Year Plan, Huadian Xinjiang Company developed key energy projects, including large-scale wind and solar bases, increasing the proportion of new energy installed capacity by 33 percentage points compared to the end of the 13th Five-Year Plan [2] - The company completed flexible modifications on 41 coal-fired units, adding peak-shaving capacity of 3.44 million kilowatts, which supports the construction of a new power system in Xinjiang [2] - The company developed the largest single-capacity electrochemical independent energy storage station in China, with projects in Urumqi and Kashgar, totaling 4.24 million kilowatts and 1,565 million kilowatt-hours of storage capacity [2] Group 2: Technological and Industrial Innovation - Huadian Xinjiang Company is enhancing the integration of technological and industrial innovation, increasing R&D investment and undertaking major national projects, with 455 patents granted during the 14th Five-Year Plan [3] - The company established the Xinjiang Hydrogen Energy Industry Development Alliance and a research center for flexible low-carbon coal power generation, promoting high-quality development through collaboration [3] Group 3: Social Responsibility and Community Development - The company has invested 282 million yuan in rural revitalization, supporting the construction of schools and health clinics, and creating jobs for 37,000 people [4] - Initiatives to promote ethnic unity and community engagement have been implemented, including training programs for employees and support for local talent development [4] Group 4: Party Building and Governance - Huadian Xinjiang Company is implementing a "Four Forces and Four Promotions" party building project to enhance governance and operational efficiency [5] - The company has established over 2,249 party member action teams and implemented 314 projects led by party organization secretaries, demonstrating strong organizational capabilities in energy supply and green development [5] Group 5: Future Outlook - As it enters the 15th Five-Year Plan, Huadian Xinjiang Company is committed to fulfilling its mission as a state-owned enterprise, aiming to contribute to the high-quality development of the Xinjiang economy and society [6]

长庆油田第二采油厂油气产量创新高 2025年，甘肃庆阳长庆油田第二采油厂油气产量突破400万吨，创历史新高。长庆油田勘探开发属于典 型的低渗、低压、低丰度油气藏。面对复杂地质条件、勘探难度极高的情况，第二采油厂持续强化科技 创新，应用水平井体积压裂技术，水平井单井日均产量较常规井提高了3到5倍。 回顾过去的一年，我国交通、能源等方面的多个重大项目加速推进，取得亮眼成绩。 全国铁路营业里程达16.5万公里 记者4日从国铁集团获悉，截至2025年底，全国铁路营业里程达16.5万公里，其中高铁超5万公里，我国 建成世界规模最大、先进发达的高速铁路网。"十四五"期间，全国铁路营业里程由14.63万公里增至16.5 万公里，增长12.8%，高铁由3.79万公里增至5.04万公里，增长32.98%。 南方电网"西电东送"年送电量创新高 记者4日从南方电网了解到，2025年，南方电网西电东送年送电量达2616亿度，同比增长9.8%，创历史 新高。在粤港澳大湾区，数字经济、先进制造等产业蓬勃发展，用电需求刚性增长，带动广东成为全国 首个用电负荷突破1.6亿千瓦的省份。 中国石油长庆油田第二采油厂地质研究所所长 张春辉：通过黄 ...

Core Viewpoint - Tianyuan Co., Ltd. is accelerating its capacity expansion with a new project for producing 100,000 tons of chlorination titanium dioxide, involving a total investment of 1.483 billion yuan, which is expected to enhance its market competitiveness and support its transition to high-value new materials [1][2][6]. Group 1: Expansion Plans - The new chlorination titanium dioxide project will be built on existing company land, minimizing additional land acquisition costs and construction time [2]. - This project is a key part of the company's "one body, two wings" strategy, aimed at increasing overall titanium dioxide production capacity and optimizing product structure [2][3]. Group 2: Financial Performance - In the first three quarters of 2025, the company reported revenues of 8.49 billion yuan, a year-on-year decrease of 14.89%, while net profit attributable to shareholders reached 31.69 million yuan, a significant increase of 132.63% [1][4]. - The improvement in profitability is attributed to product structure optimization, effective cost control, and positive contributions from non-recurring gains [4]. Group 3: Research and Development - Over the past five years, the company has invested a total of 427 million yuan in R&D, with annual expenditures showing a consistent upward trend [5]. - The company has developed multiple technological reserves in chlorination titanium dioxide process optimization, comprehensive utilization of phosphate resources, and lithium battery material research, which support business expansion [5]. Group 4: Market Position and Strategy - The chlorination method has become the mainstream production process for titanium dioxide, with competitors like Longbai Group and Luban Chemical also expanding their capacities [3]. - The new project is expected to help Tianyuan Co., Ltd. break the monopoly of foreign companies in the high-end chlorination titanium dioxide market and enhance the international competitiveness of domestic brands [3][6].

Group 1: Transportation Infrastructure - The total railway operating mileage in China is expected to reach 165,000 kilometers by the end of 2025, with high-speed rail exceeding 50,000 kilometers, marking the largest and most advanced high-speed railway network in the world [2] - During the 14th Five-Year Plan period, the national railway operating mileage will increase from 146,300 kilometers to 165,000 kilometers, representing a growth of 12.8%, while high-speed rail will grow from 37,900 kilometers to 50,400 kilometers, a growth of 32.98% [2] Group 2: Energy Sector Developments - The annual electricity transmission volume of the "West-to-East Power Transmission" project by the Southern Power Grid is projected to reach 261.6 billion kilowatt-hours by 2025, an increase of 9.8% year-on-year, setting a new historical record [3] - In the Guangdong-Hong Kong-Macao Greater Bay Area, the demand for electricity is experiencing rigid growth due to the booming digital economy and advanced manufacturing, making Guangdong the first province in China to exceed a power load of 160 million kilowatts [3] Group 3: Oil and Gas Production - The Longqing Oilfield's second oil production plant in Gansu is expected to surpass 4 million tons in oil and gas production by 2025, achieving a historical high [3] - The second oil production plant has enhanced technological innovation, applying horizontal well volume fracturing technology, which has increased the average daily output of horizontal wells by 3 to 5 times compared to conventional wells [3] - The plant has also contributed to regional industrial structure optimization, producing a cumulative total of 2 billion cubic meters of natural gas since its development, with a daily gas production of 2 million cubic meters, effectively meeting the gas demand of 2.6 million residents in the Qinyang area [3]

Core Viewpoint - The delivery of the "Kai Tuo" oil tanker, the world's first 300,000-ton ultra-large crude oil ship powered by domestically produced methanol dual-fuel technology and equipped with an intelligent liquid cargo control system, marks a significant advancement in China's shipbuilding industry, emphasizing green and intelligent maritime solutions [1][7][33]. Group 1: Technological Innovations - The "Kai Tuo" tanker features a dual-fuel main engine that allows for flexible switching between traditional fuel and methanol, significantly reducing carbon emissions by 92%, sulfur emissions by 99%, and particulate matter by 90% [7][9]. - The integration of a methanol fuel supply system into the complex structure of the tanker posed significant design challenges, including space optimization and material selection to withstand methanol's corrosive properties [9][11][13]. - The vessel is equipped with a domestic intelligent liquid cargo control system that automates loading and unloading processes, enhancing operational efficiency and safety [19][21]. Group 2: Industry Context - As of 2025, China's shipbuilding industry has maintained the largest global market share for 16 consecutive years, with over 60% of new ship orders worldwide [31]. - The industry has transitioned from imitating foreign designs to achieving independent innovation, successfully producing high-value, high-tech vessels, including aircraft carriers and large LNG carriers [31][29]. - The "Kai Tuo" tanker is set to operate on the Middle East-Far East route, indicating China's growing influence in global shipping logistics [33].

记者4日从国铁集团获悉，截至2025年底，全国铁路营业里程达16.5万公里，其中高铁超5万公里，我国建成世界规模最大、先进发达的高速铁路网。"十四 五"期间，全国铁路营业里程由14.63万公里增至16.5万公里，增长12.8%，高铁由3.79万公里增至5.04万公里，增长32.98%。 回顾过去的一年，我国交通、能源等方面的多个重大项目加速推进，取得亮眼成绩。 0:00 全国铁路营业里程达16.5万公里 记者4日从南方电网了解到，2025年，南方电网西电东送年送电量达2616亿度，同比增长9.8%，创历史新高。在粤港澳大湾区，数字经济、先进制造等产业 蓬勃发展，用电需求刚性增长，带动广东成为全国首个用电负荷突破1.6亿千瓦的省份。 长庆油田第二采油厂油气产量创新高 2025年，甘肃庆阳长庆油田第二采油厂油气产量突破400万吨，创历史新高。长庆油田勘探开发属于典型的低渗、低压、低丰度油气藏。面对复杂地质条 件、勘探难度极高的情况，第二采油厂持续强化科技创新，应用水平井体积压裂技术，水平井单井日均产量较常规井提高了3到5倍。 中国石油长庆油田第二采油厂地质研究所所长 张春辉：通过黄土塬三维地震勘探实现油藏精准定位 ...