【金属】现货黄金收涨1.38%，报4828.94美元，日内一度抹去全部涨幅，因特朗普发帖表示与北约就格 陵兰问题达成协议。 【原油】国际油价21日微涨。截至当天收盘，纽约商品交易所3月交货的轻质原油期货价格上涨26美 分，收于每桶60.62美元，涨幅为0.43%；3月交货的伦敦布伦特原油期货价格上涨32美分，收于每桶 65.24美元，涨幅为0.49%。 【宏观消息】 特朗普：美国将参与格陵兰矿产权益；心中选定的美联储主席可能只剩一位，希望能像上世纪90年代的 格林斯潘那样。美国总统特朗普表示：我们似乎已达成协议框架。格陵兰岛相关协议草案的内容完全符 合我方预期。格陵兰框架是一项长期协议，格陵兰框架让所有人都处于有利地位。将涉及矿产权益，美 国将"永久"参与格陵兰矿产权益。我们稍后会解释这项协议。此外，特朗普还谈到：我想说美联储主席 候选人已经缩减到三位，不对，是两位。而且我或许可以告诉你，在我心里可能已经只剩下一位了。贝 莱德全球固定收益首席投资官里克·里德尔、美联储前理事凯文·沃什，都适合担任下一任美联储主席。 关于凯文·哈塞特，实际上我更想让他留在目前的位置上。如果鲍威尔不离开美联储（即卸任主席后继 续担 ...

2026 年 1 月 22 日 星期四 ➢ 每日大市点评 1 月 21 日，周三港股上午小幅调整后下午震荡回升。恒生指数最终涨 97 点（0.4%），收报 26,5857 点；恒生科技指数 涨 62 点（1.1%），收盘报 5,746 点；全天大市成交额 2,505 亿元。南向资金净流入扩大至 138.9 亿元。半导体板块强 势，继续受到美光（MU US）提示存储器短缺或持续至 2028 年的消息提振，华虹半导体（1347 HK）、中芯国际（981 HK） 涨 4%-6%。TCL 电子（1070 HK）公布将与 Sony Corporation （索尼）成立合资公司，承接索尼家庭娱乐业务，由 TCL 电 子持股 51%，索尼持股 49%，在全球范围内开展包括电视剧和家庭影响等产品的研发、制造和销售。TCL 电子周三大涨 14.8%。创维集团（751 HK）宣布将分拆创维光伏股份在香港上升，同时进行股份回购，完成后将撤销上市地位。创维涨 37.5%。地缘政治再次紧张，黄金股普遍向上，灵宝黄金（3330 HK）、招金矿业（1818 HK）涨 5%-8%。短期操作策略， 继续聚焦半导体、黄金等强势板块。 美股方面， ...

· 2026 年 1 月 22 日 国都港股操作导航 海外市场重要指数 收市 幅度 道琼斯工业指数 49077.23 1.21 标普 500 指数 6875.62 1.16 纳斯达克综合指数 23224.82 1.18 英国富时 100 指数 10138.09 0.11 德国 DAX 指数 24560.98 -0.58 日经 225 指数 52774.64 -0.41 台湾加权指数 31246.37 -1.62 内地股市 上证指数 4116.94 0.08 深证成指 14255.13 0.70 香港股市 恒生指数 26585.06 0.37 国企指数 9122.95 0.31 红筹指数 4203.86 0.36 恒生科技指数 5746.3 1.11 AH 股溢价指数 119.98 -1.03 恒生期货 (1 月) 26616 0.17 恒生期货 (2 月) 26696 0.26 国都香港研究部 电话：852-34180288 网址：www.guodu.com.hk 每日投资策略 市场续观望贸易战 后市不容乐观 市场观望美欧贸易战后续发展，港股连跌多日后，昨日 则出现反弹，大市在大部分时间呈好淡争持，及至尾段才 ...

广哈通信今年以来股价涨16.93%，近5个交易日跌6.31%，近20日涨23.58%，近60日涨28.19%。 今年以来广哈通信已经1次登上龙虎榜，最近一次登上龙虎榜为1月14日。 资料显示，广州广哈通信股份有限公司位于广东省广州市高新技术产业开发区科学城南云一路16号，成 立日期1995年4月8日，上市日期2017年11月1日，公司主营业务涉及数字与多媒体指挥调度系统及相关 产品的研发、生产、销售与服务。主营业务收入构成为：可靠通信网络64.77%，数字化服务20.97%， 泛指挥调度业务14.26%。 1月22日，广哈通信盘中上涨2.03%，截至10:12，报27.15元/股，成交9986.32万元，换手率1.50%，总市 值67.65亿元。 资金流向方面，主力资金净流入447.39万元，大单买入1669.25万元，占比16.72%，卖出1221.86万元， 占比12.24%。 广哈通信所属申万行业为：通信-通信设备-其他通信设备。所属概念板块包括：华为算力、华为鲲鹏、 人脸识别、人工智能、智慧灯杆等。 分红方面，广哈通信A股上市后累计派现1.43亿元。近三年，累计派现9136.26万元。 机构持仓方面， ...

格隆汇1月22日｜据The Information，Anthropic下调其利润率预期，尽管营收大幅飙升。Anthropic上个 月预计，2025年通过向企业和应用开发者销售人工智能，其毛利率将达到40%。 ...

中原期货研究咨询部 晨会纪要 2026 第（14）期 发布日期：2026-01-22 | 中原期货研究咨询部 | 0371-58620081 | | --- | --- | | 0371-58620083 | | | 公司官方微信 | | 1.针对"十五五"时期如何推动房地产高质量发展，住建部部长倪虹表示，将重点抓好两方面 工作：一是有序推动"好房子"建设；二是加快构建房地产发展新模式，有序搭建房地产开发、 融资、销售等基础制度。在商品房销售上，推进现房销售制，实现"所见即所得"。 公司官方微信 1 中原期货研究咨询部 | 化工 | 主力合约 | 2026/1/22 | 2026/1/21 | 涨跌 | 涨跌幅/% | | --- | --- | --- | --- | --- | --- | | | | 8:00 | 15:00 | | | | | 焦煤 | 1,121.00 | 1,129.00 | -8.0 | -0.709 | | | 焦炭 | 1,671.00 | 1,683.50 | -12.50 | -0.743 | | | 天然橡胶 | 15,725.00 | 15,745.00 | -20. ...

【#摩尔线程2025年营收增幅预计超两倍# S5000智算卡已规模量产】1月21日，"国产GPU第一股"摩尔 线程（688795.SH）发布2025年度业绩预告，营收预计为14.50~15.20亿元，同比增长230.70~246.67%； 扣非净利润预计亏损10.40~11.50亿元，与上年同期相比，亏损收窄幅度为29.59~36.32%。 值得一提的是，摩尔线程还发布公告称，将使用自有资金补足募投项目的资金需求，保障GPU研发项目 顺利推进，募投资金将投向三大核心研发项目：新一代自主可控AI训推一体芯片、新一代自主可控图 形芯片、新一代自主可控AI SoC芯片。#摩尔线程[超话]# 中经记者 李玉洋 上海报道 摩尔线程在公告中表示，得益于人工智能产业蓬勃发展及市场对高性能GPU的强劲需求，公司以AI训 推一体智算卡MTT S5000为代表的产品竞争优势进一步扩大，市场关注与认可度持续提升，推动收入与 毛利增长，整体亏损幅度同比收窄。据了解，摩尔线程旗舰级AI训推一体全功能GPU智算卡MTT S5000 的性能已达到市场领先水平，并实现规模量产。 ...

如图所示，你如何评价？欢迎留言区讨论... 早安，艾瑞巴蒂（手动问好），一起来看今天的早报： 【黑马高调早报】第3054期 更多创业内容请访问www.iheima.com Fast Reading 今日头条 工信部：应建立新能源汽车产品运行安全状态监测平台 1月21日，工信部修订公布《道路机动车辆生产企业准入审查要求》和《道路机动车辆产品准入审查要求》，自2027年1月1日起施行。其中指出，新能源 汽车及新能源特种作业车底盘企业应满足相适应的新能源汽车及新能源特种作业车底盘产品安全保障机制要求，主要包括：应建立新能源汽车产品运行安 全状态监测平台，按照与用户的协议，对已销售的全部新能源汽车（含底盘）的运行安全状态进行监测，直至汽车停止使用或报废。 风暴中的西贝完成新一轮融资，新荣记张勇、蚂蚁集团前CEO胡晓明加持 在预制菜舆论风波与门店调整背景下，西贝餐饮集团于20日完成A轮融资，投资方包括台州新荣泰投资、呼和浩特市集体共创企业管理中心等，具体金额 未披露。 此次融资使西贝注册资本从8990.29万元增至10168.01万元，增幅13.1%，股东结构同步调整。 值得注意的是，新投资方中台州新荣泰投资由新荣记创 ...

瑞财经 刘治颖1月20日，山东极视角科技股份有限公司（以下简称"极视角"）向港交所主板提交上市申 请，中信证券为独家保荐人。 招股书显示，极视角是中国AI计算机视觉解决方案提供商，为各行各业的企业提供端到端解决方案开 发、部署及管理服务。此外，公司在提供具有商业可行性的大模型解决方案以赋能企业进行数字化转型 方面已成功实现扩张。 根据弗若斯特沙利文的资料，按2024年的收入计，公司于中国新兴企业级计算机视觉解决方案市场中排 名第八，市场份额为1.6%。 2022年至2024年，极视角收入分别为1.02亿元、1.28亿元、2.57亿元，年内利润分别为-6072.2万 元、-5624.6万元、870.8万元，毛利率分别为30.6%、25.9%、40.2%。 据瑞财社查阅，极视角历史上曾经存在股权代持的情形。 极视角成立于2015年6月，初始注册资本为3万元，其中50%的股权由罗韵持有，且50%的股权因行政便 利由罗韵作为陈振杰的代名人并代表陈振杰持有。 2015年7月，罗韵进一步认购公司100万元的注册资本，代价为100万元。该等股权的50%由罗韵持有， 余下50%因行政便利由罗韵作为陈振杰的代名人并代表陈振杰持 ...

1. Report Industry Investment Rating - No relevant information provided 2. Core Viewpoints of the Report - The report comprehensively presents the overnight performance of global financial and commodity markets, important domestic and foreign macro - economic news, and the latest developments in various industries, offering a multi - faceted view of the current economic and market landscape [3][7][26] 3. Summary by Directory Overnight Night - Market Market Trends - International precious metal futures closed mixed, with COMEX gold futures rising 1.48% to $4836.20 per ounce and COMEX silver futures falling 1.78% to $92.95 per ounce [4] - U.S. oil and Brent oil futures both rose, with U.S. oil up 0.51% to $60.67 per barrel and Brent oil up 0.61% to $64.58 per barrel [5] - Most London base metals rose, such as LME tin up 3.81% to $51295.0 per ton and LME nickel up 2.05% to $17975.0 per ton [5] Important News Macroeconomic News - The Chinese Ministry of Foreign Affairs responded to U.S. trade negotiation intentions, emphasizing the implementation of the consensus between the two heads of state [8] - China's Ministry of Housing and Urban - Rural Development plans to stabilize the real estate market and support reasonable housing needs [8] - U.S. President Trump stated non - use of force for Greenland and reached a cooperation framework with NATO on Greenland, withdrawing tariff threats to 8 European countries [8] - The U.S. Supreme Court showed caution on Trump's attempt to fire a Fed governor, worrying about the impact on the Fed's independence and financial markets [9] Energy and Chemical Futures - The IEA raised the forecast of global oil demand growth but warned of supply exceeding demand, with demand increasing from 860,000 barrels per day to 930,000 barrels per day [12] - UAE's Fujairah Port's refined oil inventory increased to 21.357 million barrels in the week ending January 19, 2026 [12] - Japan's commercial crude oil and refined oil inventories decreased, and the refinery's average operating rate dropped to 89.7% [13] Metal Futures - In January, multiple leading polysilicon companies plan to cut production, and the market is expected to be in a weak - balance stalemate [15] - The Democratic Republic of the Congo submitted a short - list of state - owned mineral assets to the U.S. for investment evaluation [16] - Rio Tinto's bauxite production in Q4 2025 was stable, with annual production reaching 62.4 million tons, a 6% year - on - year increase [18] - In November 2025, the global refined copper market had a supply surplus, and Rio Tinto will cut 40% of the production of its Yarwun alumina refinery in 2026 [18][19] Black - Series Futures - As of the week ending January 21, national production of black - series futures decreased, social inventory increased, and apparent demand decreased [21] - BHP's iron ore production in Q4 2025 increased seasonally, with annual output in Western Australia reaching 292 million tons, a 0.8% year - on - year increase [21] - Handan will launch a Level Ⅱ emergency response for heavy pollution weather starting from January 22 [23] Agricultural Product Futures - The Malaysian Palm Oil Council expects February's crude palm oil price to fluctuate between 4000 - 4300 ringgit per ton [25] - From January 1 - 20, 2026, Malaysia's palm oil production decreased by 16.06% compared to the same period last month [25] - Brazil's sugar production in the second half of December 2025 decreased by 14.93% year - on - year, while ethanol production increased by 14.91% [25] Financial Markets Finance - A - shares fluctuated higher on Wednesday, with gold stocks surging, and the market turnover decreased to 2.62 trillion yuan [27] - Hong Kong's Hang Seng Index rose 0.37%, and southbound funds had a net purchase of 13.93 billion Hong Kong dollars [27] - The number of Hong Kong IPO - queuing companies exceeded 350 [28] - Many equity funds in 2025 had their scales doubled, and fund managers are optimistic about the 2026 A - share market [28] - "Top - flow" fund managers adjusted their positions in Q4 2025, with different buying and selling operations [28] - "Guotou Silver LOF" will be suspended on January 22, and further measures may be taken if the premium does not decline [30] - Cheung Kong responded to the spin - off rumor, stating that no decision has been made [30] Industry - China's first offshore liquid rocket launch and recovery test platform will be put into use around February 5 [31] - In 2025, China's commercial space industry developed rapidly, with 50 launches and 311 satellites put into orbit [31] - In 2025, China's AI core industry scale is expected to exceed 1.2 trillion yuan, and the 6G second - stage technology test has been launched [31] - The Ministry of Industry and Information Technology revised two review requirements for road motor vehicles [31] - By the end of December 2025, China's electric vehicle charging facilities exceeded 20 million [32] - The national electronic pricing scale intelligent measurement supervision platform has started trial operation [34] - China's 35,000 - ton heavy - haul train completed the world's first automatic formation driving test [35] - 20 cities in Guangdong adjusted the commercial housing mortgage policy, with the minimum down - payment ratio set at 30% [36] - Goldman Sachs expects the PCB and CCL industries to enter a super - cycle in 2026, with market growth of 113% and 142% respectively [36] Overseas - Russian President Putin will meet with a U.S. presidential envoy on January 22 and responded to Trump's remarks on Greenland [37] - Most economists expect the Fed to keep the benchmark interest rate unchanged this quarter and may cut rates at least twice later this year [37] - In December 2025, the number of Chinese tourists visiting Japan decreased by 45.3% year - on - year, and Japan may see a 3% decline in inbound tourists in 2026 [39] - Cambodian Prime Minister Hun Manet emphasized the importance of cracking down on online fraud [39] International Stock Markets - U.S. stocks rose across the board, with the Dow up 1.21%, the S&P 500 up 1.16%, and the Nasdaq up 1.18% [40] - European stocks closed mixed, with the German DAX down 0.51% and the French CAC40 up 0.08% [41] - Most Asia - Pacific stocks closed lower, except for the South Korean Composite Index, which reached a record high [41] - SpaceX is accelerating its listing preparation to deploy AI data centers in space [41] - Berkshire may "fully" reduce its stake in Kraft Heinz [41] Commodities - International precious metal futures closed mixed, with gold rising and silver falling [43] - U.S. and Brent oil futures rose due to supply concerns and increased demand expectations [43] - Most London base metals rose, with tin and nickel leading the gains [43] Bonds - China's bond market was strong, with long - term bond yields falling and bond futures rising [44] - Vanke's 1.1 - billion - yuan bond "21 Vanke 02" was successfully extended [44] - The U.S. national debt increased rapidly, and the yields of U.S. bonds fell across the board [44][46] - Japan's Sumitomo Mitsui Financial Group focused on Japanese bonds, and Japanese long - term bond yields fell [46] Foreign Exchange - The on - shore RMB against the U.S. dollar depreciated, and the U.S. dollar index rose [47] - South Korea's President expects the won to appreciate in the next month, but the exchange rate is affected by the yen [47] Upcoming Data and Events - Multiple important economic data from various countries will be released, including GDP, trade balance, and unemployment rate [49] - There are various events such as central bank meetings, press conferences, and corporate earnings reports [51]