热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 继昨日A股实现新年"开门红"行情，1月6日沪指再次刷新十年高点，盘中涨幅接近1%。现货指数出 现"破顶"，沪深300、上证50、中证500、中证1000均刷新2025年高点，市场表现价涨量增。行业板块出 现普涨行情，保险、券商"大象起舞"拉动上证50指数站稳3100点，内外盘科技板块同步上涨，脑机接 口、半导体等大幅领涨，叠加贵金属、有色受地缘事件影响延续涨势，中证500和中证1000涨幅居前。 资金来看，昨日两市全天成交2.55万亿，大幅放量5011亿，另外近期人民币不断升值，后续或持续吸引 外资流入。接下来进入年报披露期，持续关注高成长的大科技成长板块，股指短期或偏强震荡。 行业政策持续加码，昨日政策端印发《关于实施绿色消费推进行动的通知》，加快消费模式绿色转型， 在大宗商品消费方面，提及做强汽车产业链，支持发展房车露营、汽车影院、自驾游等新型消费。宏观 方面，短期关注货币政策和财政政策是否进一步宽松。整体来看，春季躁动行情仍需要一定的条件，对 小盘指数而言，需要政策边际放宽流动性；对大盘而言，需要通胀预期的持续改善。 热点栏目 自选股 数 ...

川渝地区肩负着国家西部大开发、成渝地区双城经济圈建设及生态安全先行保障的重要使命，联合开展 美丽中国先行区建设，是践行习近平总书记关于区域协调发展战略重要论述的具体实践。面对美丽中国 先行区建设、绿色发展高地打造、双城经济圈能级提升的政策叠加机遇，川渝两地可以通过明确目标任 务、统筹"美丽系列"建设等举措，为人与自然和谐共生的美丽中国建设探索可复制的经验模式，其跨省 域实践路径也将为西部地区生态环境协同治理提供重要借鉴。 筑牢川渝安全韧性生态屏障。强化三峡库区、岷山—邛崃山—凉山等国家重点生态功能区保护，以"六 江"廊道生态原真性保护为核心，推进山水林田湖草沙一体化治理，严控长江岸线开发强度，在遂潼、 万达开等毗邻区域实施跨区域生态工程，推广"小微湿地+"模式，开展大规模国土绿化行动。高水平共 建大熊猫国家公园，打通栖息地"断点"。加强荷叶铁线蕨、长江鲟等珍稀物种保护，建立监测网络与种 质资源库；共建长江上游珍稀特有鱼类保护区，实施水库群联合生态调度，强化外来入侵物种防控。 树立川渝智慧高效协作标杆。强化生态环境分区管控，衔接国土空间规划，协同开展自然保护地生态监 管，推动成渝双核及周边区县差异化发展。深化资 ...

晨报 成材 成材：弱需求压制价格小幅回落 整理 投资咨询业务资格： 负责人：赵 毅 从业资格号：F3059924 投资咨询号：Z0002978 电话：010-62688526 成文时间： 2026 年 1 月 6 日 逻辑：商务部等九部门联合发文实施绿色消费推进行动，从丰富绿色 产品供给、提升绿色服务消费、创新绿色消费模式等 7 方面 20 条具体举 措。支持消费者购买新能源汽车。鼓励购买获得绿色产品认证的绿色智能 家电产品、无氟空调等。中指研究院：2025 年 12 月，全国百城新建商品 住宅成交均价 17084 元/平方米，环比上涨 0.28%，同比上涨 2.58%。2025 年 12 月，百城二手住宅均价 13016 元/平方米，环比下跌 0.97%，同比下 跌 8.36%。 证监许可【2011】1452 号 昨日成材震荡下跌，下游需求偏弱的局面没有改善，且原料焦煤下跌 也带动成材价格的回落。基本呈现供需双弱的特征，宏观市场平静，对价 格影响有限。 观点：低位盘整运行。 后期关注/风险因素：宏观政策；下游需求情况。 重要声明： 本报告中的信息均来源于公开的资料，我公司对信息的准确性及完整性不作任何保证， ...

本轮价格上涨受到多方面因素的共同推动： 首先，政策引导与新兴需求形成合力。国内九部门联合推动绿色消费，持续提振新能源产业链对铜、锂 等金属的长期需求。同时，2026年国际消费电子展（CES）的举办，进一步增强了市场对人工智能、智 能驾驶等科技领域用铜增长潜力的预期。 其次，宏观环境对金属价格形成利好。市场对美联储降息的预期加强，美元走势趋弱，为以美元计价的 大宗商品提供了宏观支撑。此外，部分地区的地缘冲突事件引发了对资源供应安全的关注，部分金属的 避险属性有所凸显。 隔夜全球市场上演"预期与现实"的终极博弈。一边是美国制造业PMI不及预期、美联储官员释放"接近 中性"的鸽派信号，强化降息预期，施压美元；另一边却是道指历史新高、基本金属全线狂欢。伦铜突 破1.3万美元、伦锡暴涨近6%，与黄金、美股齐飞，清晰勾勒出一幅"宽松交易"主导的资产图谱：疲软 经济数据→强化政策转向预期→压低美元与利率→助推风险资产与大宗商品。地缘风险（美委局势）与 产业革命（绿色转型/AI）更在供需层面为金属牛市注入长期溢价，"金属战略年"的序章，正由宏观、 产业与地缘这三重奏强力开启。 隔夜LME基本金属市场呈现全线普涨格局，上涨是绝 ...

【内容摘要】1月5日，资金面整体宽松；债市走弱；转债市场主要指数集体跟涨，转债个券多数上涨；各期限美债收益率普遍下行，主要欧洲经济体10年期 国债收益率普遍下行。 一、债市要闻 （一）国内要闻 【交易商协会：加大对债券交易记录相关违规行为惩戒力度】1月4日，银行间市场交易商协会发布关于提示做好债券交易记录保存相关工作的通知。交易商 协会将加大对相关违规行为的惩戒力度，对存在以下问题的机构将从严从重处理，根据具体违规行为的情节轻重给予相应自律处分，具体包括：一、未按规 定建立健全债券交易记录保存相关内控制度；二、合规风控流于形式，未有效落实债券交易记录保存相关内控制度；三、债券交易记录未按规定全程留痕； 四、对涉嫌严重违法违规的交易，无法提供完整交易记录还原交易真相；五、其他违反债券交易记录保存相关要求的行为。 【财政部拟于1月9日续发10年期附息国债，招标面值总额1800亿元】财政部拟第二次续发行2025年记账式附息（二十二期）国债。本次续发行国债为10年期 固定利率附息债，竞争性招标面值总额1800亿元，不进行甲类成员追加投标。招标时间2026年1月9日上午10:35至11:35。 【商务部等9部门：探索建 ...

Core Viewpoint - The Ministry of Commerce and nine other departments issued a notification to promote green consumption, outlining 20 specific measures to facilitate a green and low-carbon lifestyle and accelerate the transition to green consumption models [1][2]. Group 1: Green Product and Service Supply - The notification emphasizes increasing the supply of green agricultural products, promoting green home appliances and decoration, and encouraging green consumption in the automotive sector [1]. - It aims to enhance standards for energy and water efficiency in home appliances and develop a certification system for green smart appliances [1]. - The automotive industry is encouraged to explore the potential of the "aftermarket," including used cars, car rentals, modifications, and sharing, while supporting new consumption models like RV camping and drive-in cinemas [1]. Group 2: Green Supply Chain and Consumption Points - The notification highlights the need to cultivate new growth points in green consumption by establishing green supply chains and conducting carbon footprint assessments [2]. - It encourages the promotion of green consumption points and the establishment of a universal green consumption points system that integrates online and offline platforms [2]. - The initiative supports the certification and labeling of green products and aims to standardize the collection of green consumption points at retail outlets [2]. Group 3: Green Recycling and Resource Utilization - The notification promotes green recycling by guiding the reduction of single-use plastic products and encouraging the recycling and reuse of waste materials [2]. - It aims to develop a circulation system for resources that emphasizes reduction, recycling, and reuse of second-hand goods [2]. Group 4: Policy Support and Financial Incentives - The notification calls for enhanced policy integration to align green consumption initiatives with modern commercial circulation systems and various pilot projects [2]. - It supports local governments in providing rewards for green businesses such as green malls and restaurants [2]. - Financial institutions are encouraged to increase support for green consumption loans and collaborate with commercial enterprises to expand the application scenarios for these loans [3].

（原标题：今日看点｜2026年国内油价首调预计将搁浅） 1月6日重点关注的财经要闻与资本市场大事： 1、2026年国内油价首调预计将搁浅 1月6日至8日，2026哈尔滨国际冰雪经济博览会将在哈尔滨国际会展中心AB馆举办。冰博会期间共筹划 各类活动28项，涵盖冰雪装备、冰雪科技、冰雪合作、冰雪金融、冰雪招商、冰雪文旅等领域，以技术 创新、跨国联动、产业赋能、文化传播等多元形式，全面展现哈尔滨冰雪经济发展成果，促进产业对接 与国际合作。 4、1029.03亿元市值限售股今日解禁 1月6日，共有6家公司限售股解禁，合计解禁量为7.97亿股，按最新收盘价计算，合计解禁市值为 1029.03亿元。 从解禁量来看，5家公司解禁股数超千万股。百利天恒、新五丰、爱旭股份解禁量居前，解禁股数分别 为2.98亿股、2.33亿股、2.27亿股。从解禁市值来看，5家公司解禁市值超亿元。百利天恒、爱旭股份、 新五丰解禁市值居前，解禁市值分别为965.37亿元、30.3亿元、13.68亿元。 5、70家公司披露回购进展 1月6日，70家公司共发布76个股票回购相关进展。其中，2家公司首次披露股票回购预案，1家公司回购 方案获股东大会通过 ...

Market Overview - On the first trading day of 2026, the Shanghai Composite Index rose by 1.38% to 4023.42 points, while the Shenzhen Component Index increased by 2.24% and the ChiNext Index by 2.85%. The total trading volume in the Shanghai and Shenzhen markets reached 2.55 trillion yuan. The leading sectors included media, pharmaceuticals, and electronics, while oil and petrochemicals, banking, and transportation lagged behind [2][7] - The Hong Kong Hang Seng Index saw a slight increase of 0.03%, closing at 26347.24 points, while the U.S. major indices all closed higher, with the Dow Jones Industrial Average rising by 1.23% to a record high of 48977.18 points [2][7] Important News - Premier Li Qiang emphasized the need to enhance innovation and development advantages during his research in Guangdong, advocating for the improvement of industrial ecosystems and the exploration of effective business models for new technologies such as robots and drones [3][8] - A joint announcement from nine departments, including the Ministry of Commerce, implemented actions to promote green consumption, focusing on enhancing the supply of green products and encouraging the purchase of electric vehicles and certified green appliances [3][8] Industry Insights Media Industry - The New Year's Day box office exceeded 740 million yuan, marking a significant increase of 61.01% compared to the previous year. The extended holiday period allowed for a diverse range of films to cater to audience preferences, with major sequels leading the box office [9][10] - The total number of screenings during the New Year's holiday reached 1.417 million, with a notable increase in audience attendance, particularly on January 1, which saw a 14.20% year-on-year increase [10][12] - Major IP sequels like "Zootopia 2" and "Avatar 3" demonstrated strong box office resilience, contributing significantly to the overall market performance [12] Gaming Industry - In December 2025, a total of 147 game titles received approval, with 144 domestic and 3 imported games. The total number of game approvals for the year reached 1771, a 25.07% increase from 2024 [13][14] - The game "Seven Realms Dream" is highlighted for its unique "national style" theme and innovative gameplay mechanics, indicating a competitive landscape in the MMO sector for 2026 [14][15] Tourism Industry - The 2026 New Year's holiday saw 142 million domestic trips and total spending of 847.89 billion yuan, benefiting from the extended holiday period compared to the previous year [16][17] - The tourism market experienced a boost due to various factors, including the popularity of winter sports, the appeal of Hainan's free trade zone, and increased interest in outbound travel [18][19] - The outlook for 2026 remains positive, with expectations for further growth in the tourism sector driven by favorable policies and consumer confidence [19]

投资咨询业务资格：证监许可【2011】1778 号 期货研究报告 资讯早班车-2026-01-06 一、 宏观数据速览 | 发布日期 | 指标日期 | 指标名称 | 单位 | 当期值 | 上期值 | 去年同期值 | | --- | --- | --- | --- | --- | --- | --- | | 2025-10-20 | 2025/09 | GDP:不变价:当季同比 | % | 4.8 | 5.2 | 4.6 | | 2025-12-31 | 2025/12 | 制造业 PMI | % | 50.1 | 49.8 | 50.1 | | 2025-12-31 | 2025/12 | 非制造业 PMI:商务活动 | % | 50.2 | 50.0 | 52.2 | | 2025-12-15 | 2025/11 | 社会融资规模:当月值 | 亿元 | 24888 | 25660 | 23288 | | 2025-12-12 | 2025/11 | M0:同比 | % | 10.6 | 11.7 | 12.7 | | 2025-12-12 | 2025/11 | M1:同比 | % | 4.9 | 6.0 ...

Group 1 - Over 250 stocks have been included in the brokerage "gold stock" portfolio for January 2026, with Zhongji Xuchuang being the most notable [1] - The brokerage "gold stock" index for 2025 recorded positive returns, with the strongest performance from Guoyuan Securities, achieving over 100% cumulative returns [1] Group 2 - Newly established financial asset investment companies (AIC) from three joint-stock banks are focusing on "hard technology" investments, with a total investment exceeding 6 billion yuan by Xiyin Investment alone [2] - These AICs are utilizing market-oriented debt-to-equity swaps to support technological innovation in sectors like new energy and new materials [2] Group 3 - The Ministry of Commerce and nine other departments have issued a notice to promote green consumption, proposing 20 specific measures, including the establishment of a project library for green consumption infrastructure [3] - The notice supports the issuance of real estate investment trusts (REITs) for eligible projects in the infrastructure sector [3] Group 4 - The National Taxation Administration has updated 90 cross-border investment tax guides, covering 85 countries and regions with significant tax system changes, increasing the total to 115 guides [4] Group 5 - Local government bond issuance for 2026 has commenced, with Shandong province issuing 72.381 billion yuan in bonds, marking the first issuance of the year [5] - The total net supply of local government bonds for the year is expected to reach approximately 780 billion yuan [5] Group 6 - More than 40 A-share companies have forecasted significant profit growth for 2025, indicating a positive outlook for various industries [6] Group 7 - The 2026 International Consumer Electronics Show (CES) is set to take place, showcasing new products and trends in the consumer electronics industry [7][8] Group 8 - The financial market is expected to maintain a low volatility environment in 2026, supported by a stable liquidity backdrop and a moderately loose monetary policy [9] Group 9 - Premier Li Qiang emphasized the importance of fostering innovation and high-quality development during his recent visit to Guangdong [10] Group 10 - The A-share market has seen the emergence of stocks with significant growth potential, with characteristics of past high-performing stocks being analyzed for future investment opportunities [11] - The automotive market in China has achieved record production and sales, with a notable increase in demand driven by policies like trade-in incentives [11] Group 11 - Several A-share companies, including Ding Tai High-Tech and Huayi Whirlpool, are expected to see their net profits double in 2025, particularly in the PCB and new energy sectors [12][29] Group 12 - The 2026 appliance and digital product trade-in subsidy program has officially launched, with various regions announcing their participation [30] - Smart glasses have been included in the national subsidy program for the first time, indicating a shift towards consumer-level growth in this sector [31] Group 13 - The commercialization of brain-computer interfaces is accelerating, transitioning from medical trial tools to widely available products [15][32] Group 14 - The State Council has released a solid waste comprehensive management action plan, aiming for significant improvements in waste management by 2030 [33]