③2月24日早盘，贵金属盘初直线飙升。现货黄金突破5240美元/盎司，触及三周高点，纽约期金突破 5260美元/盎司，两者分别涨近0.3%和0.7%。现货白银涨超0.6%在88美元/盎司上方，纽约期银日内涨 2%，在89美元/盎司上方。(王宇露) 中证网讯①2月23日晚，国投瑞银基金发布公告称，近期国投白银LOF二级市场交易价格出现较大幅度 溢价。为保护投资者利益，国投白银LOF将于2月24日开市起至当日10:30停牌，自2月24日10:30复牌， 停牌期间基金赎回业务照常办理。 ②2月24日，1年期和5年期以上LPR将公布最新值。此前，1月20日，中国人民银行授权全国银行间同业 拆借中心公布，2026年1月20日LPR为：1年期LPR为3.0%，5年期以上LPR为3.5%，均较上期维持不 变。这也是LPR连续8个月维持不变。 ...

需重点留意的方向包括：AI人工智能板块节前关注预期较高，大模型为市场谈论焦点，但今日港股市 场大模型板块表现一般，明日需观察A股市场情绪是否出现短暂撤离；无人驾驶概念方面，假期赛博无 人驾驶汽车落地，马斯克技术更新对股市向来具有较高提振意义，构成又一关注焦点；锂电池板块方 面，目前多家外资机构看多，而锂电池市值体量较大，对盘面能否连续翻红至关重要。 综合上述分析，明日市场开门红概率较大，但具体走势仍需结合开盘后的板块轮动及量能变化动态观 察，投资者宜保持灵活应对姿态，精准踏准市场节奏。 明日A股市场终于迎来春节后首个交易日，开盘前一日港股大涨为明日行情带来参照，市场普遍关注A 股能否同步实现新年开门红。年前最后一个交易日，指数走出破位缩量阴线，击穿所有短期均线，对投 资者心理形成较大冲击，叠加春节假期各类消息满天飞，不少人对节后行情持消极预期。此外，假期期 间美方宣布对全球加征15%关税，进一步加剧市场对节后走势的担忧。但今日港股恒指上涨2.53%，恒 生科技指数上涨3.34%，为明日开盘带来不确定性，大盘究竟是高开高走收复失地，还是高开低走延续 调整，成为三亿股民关注的焦点。 深入分析可见，年前周五的破位下 ...

| < w | 伦敦银现 | | | Q | | | --- | --- | --- | --- | --- | --- | | | SPTAGUSDOZ.IDC | | | | | | 73.486 | 昨结 | 76.581 六益 | | 76.524 | | | 总量(kq) | -3.095 -4.04% | -- 现手 | | | | | 最高价 | 76879 寺 色 | -- 外 盘 | | | | | 最低价 | 72734 后 它 | -- 内 盘 | | | | | 分时 | 五日 日K 周K | 电影 月K | | 0 | | | 量加 | | | 盘口 | | | | 80.428 | | 5.02% 卖1 73.553 | | | C | | | | | 买1 73.486 | | | | | | | 13:37 73.487 | | 0 | | 76,581 | | 0.000 3.3/ /3.505 | | | C | | I W | | | 13:37 73.502 | | | | | | | 13:37 73.484 | | | | | | | 13:37 73.486 | ...

2月16日开盘，现货黄金、白银走低。值得注意的是，近期贵金属波动加大，现货白银今早一度跌逾 3%。消息面上，由于美国近期公布的通胀数据与就业数据均好于预期，美联储的降息预期降温。 2月16日，现货黄金失守5000美元/盎司，日内跌0.81%。 ...

加密货币全线跳水，黄金白银又跌了！2月16日，现货黄金、白银盘中再度下探。现货黄金盘中跌超1%，跌破4990美元/盎司，失守5000美元/盎司的压力 位。白银现货早间一度跌超3%，跌至75美元/盎司以下。短线拉升后，现货白银价格再度下挫，截至发稿跌超2%。 | 〈 | 伦敦金现 | | | | | --- | --- | --- | --- | --- | | | SPTAUUSDOZ.IDC | | | | | 4996.880 | 昨结 | | 开盘 | 5028.944 | | -45.325 -0.90% | 总量(kg) 0.00 | | 现手 | 0 | | 最高价 5053.110 | 持 | | 0 外 盘 | 0 | | 最低价 4988.700 | 增 | | 0 内 盟 | O | | स्त्रम्य 五日 | | 日Ｋ 周Ｋ 月Ｋ 更多 | | | | ෆ加 | | | 均价: -- 盘口 | | | 5095.710 | | | 1.06% 卖1 4997.180 | 0 | | | | | 4996.880 三1 | 0 | | | | | 11:03 4996.615 0 | ...

| ( W | 伦敦金现 | | | | | --- | --- | --- | --- | --- | | | SPTAUUSDOZ.IDC | | | | | 5017.525 | | 昨结 | 5042.205 总量 | | | -24.680 | -0.49% 开盘 | | 5028.944 现手 | | | 最高价 | 5053.110 持 仓 | | 0 外 盘 | | | 最低价 | 4999.170 增 仓 | | 0 内 | | | 分时 | 20 | | 周Ｋ 月Ｋ | 自分 | | 叠加 | | | 均价:0.000 | | | 5085.240 | | | | 0.85% 卖一 5018.865 头一 5017.525 | | 5042.205 | | | 0.00% | | | | | | | 8:18 5017.727 | | | | | | 8:18 5018.300 | | | | | | 8:18 5018.449 | | | | | | 8:18 5017.605 | | | | | | 8:18 5017.585 | | | | | | 8:18 5017.525 | | ...

Market Analysis - The A-share market experienced a volume contraction and adjustment on the last trading day before the Spring Festival, with the Shanghai Composite Index falling by 1.26% to 4082.07 points, below the 4100-point mark [4] - The Shenzhen Component Index decreased by 1.28% to 14100.19 points, while the ChiNext Index dropped by 1.57% to 3275.96 points, indicating a broad market decline with 3824 stocks falling and only 1537 rising [4] - For the entire year, the Shanghai Composite Index rose by 25.28%, the Shenzhen Component Index by 38.84%, and the ChiNext Index by 58.73% [4] Sector Performance - The defense and military sector was the only one to gain, up 0.46%, driven by advancements in commercial aerospace technology and geopolitical tensions [6] - Semiconductor equipment index rose by 1.65%, benefiting from increased demand for storage chips and AI computing power [6] - The non-ferrous metals sector saw a significant decline of 3.31%, influenced by fluctuations in international precious metal prices [6] Bond Market - The bond futures market showed mixed performance, with the 30-year main contract rising by 0.04% to 112.84 yuan, while the 10-year contract fell by 0.10% to 108.505 yuan [8] - The central bank conducted a net injection of 613.5 billion yuan, leading to a significant decline in short-term interest rates [8] - The market is expected to remain confident in the central bank's moderately loose monetary policy, which may support bond market recovery [8] Commodity Market - The commodity index fell by 1.69%, with industrial products leading the decline, particularly in precious metals and energy [8] - The main crude oil contract dropped by 4.22% to 456.3 yuan per barrel, amid concerns over supply surplus [8] - Soybean prices surged to a one-year high, driven by supply-demand factors and weather conditions in Brazil [8] Investment Opportunities - The report suggests a balanced allocation in technology and consumer sectors, with a focus on sectors like photovoltaic technology, commercial aerospace, and non-ferrous metals for future growth [8][12] - The report highlights several hot investment themes, including AI applications, commercial aerospace, nuclear fusion, quantum technology, brain-machine interfaces, and robotics, indicating strong future potential [10][12]

Price Performance - London Gold's latest price is 5043.15 with a change of -34.70 [1] - London Silver's latest price is 83.52 with a change of -2.58 [1] - London Platinum's latest price is 2160.00 with a change of 40.00 [1] - London Palladium's latest price is 1764.00 with a change of 31.00 [1] - WTI Crude's latest price is 62.84 with a change of -1.79 [1] - LME Copper's latest price is 13219.00 with a change of 49.00 [1] - US Dollar Index's latest price is 96.91 with a change of -0.01 [1] - Euro to US Dollar's latest price is 1.19 with a change of 0.00 [1] - British Pound to US Dollar's latest price is 1.36 with a change of -0.00 [1] - US Dollar to Japanese Yen's latest price is 152.75 with a change of -0.52 [1] - US 10 - year TIPS's latest price is 1.86 with a change of 0.00 [1] Trading Data - COMEX Silver inventory's latest value is 11795.47 with a change of -72.65 [1] - SHFE Silver inventory's latest value is 349.63 with a change of 7.53 [1] - Gold ETF持仓's latest value is 1076.18 with a change of -5.14 [1] - Silver ETF持仓's latest value is 16174.18 with a change of -62.00 [1] - SGE Silver inventory's latest value is 504.96 with a change of 0.00 [1] - SGE Gold deferred fee payment direction's latest value is 2 with a change of 0.00 [1] - SGE Silver deferred fee payment direction's latest value is 2 with a change of 0.00 [1]

Market Analysis - The A-share market is experiencing a consolidation phase, with the technology sector leading the gains. On February 12, the Shanghai Composite Index rose by 0.05% to 4134.02 points, while the Shenzhen Component increased by 0.86% and the ChiNext Index by 1.32%. The total trading volume for the day was 2.16 trillion yuan, compared to 2 trillion yuan the previous day [6][7]. - The technology sector is showing strong performance, particularly in AI computing concepts, with companies like Dazhi Technology recording four consecutive trading limits. Additionally, the resource sector is also on the rise, with small metal concepts seeing gains due to a decrease in Indonesia's nickel production quota for 2026 [7][8]. Currency and Policy Impact - The continuous strength of the RMB is driving the spring market rally, with the USD/CNY exchange rate breaking through 6.9. This upward trend in the RMB is contributing to a relatively strong market, despite a decrease in trading volume as the Chinese New Year approaches [7][8]. - The report anticipates that the spring market will continue, with a focus on policy and event-driven sensitive themes. Key sectors expected to perform well include photovoltaic technology, commercial aerospace, and non-ferrous metals [8]. Bond Market - The bond market is showing narrow fluctuations, with the 30-year main contract down by 0.03% and the 10-year contract up by 0.02%. The People's Bank of China has conducted a net injection of 448 billion yuan, indicating a stable liquidity expectation [12][9]. - The overall sentiment in the bond market remains positive, supported by a moderately loose monetary policy and ongoing demand for bond investments [12][9]. Commodity Market - The commodity market is mixed, with some prices rising and others falling. Lithium carbonate prices have increased by 3.66%, driven by low inventory levels, while other commodities like palm oil have seen declines [12][13]. - The report highlights that the low inventory of lithium carbonate, currently at 107,056 tons, may provide upward price momentum in the future, especially as demand is expected to grow post-holiday [12][13]. Trading Hotspots - Recent hot trading varieties include AI applications, commercial aerospace, nuclear fusion, quantum technology, brain-machine interfaces, and robotics, all of which are supported by government policies and technological advancements [14][15]. - The report suggests a balanced allocation strategy in technology and consumer sectors, with a focus on low-cost opportunities as the market continues to evolve [16].

Market Performance - The film and television, media, and short drama game sectors saw significant gains, while cultivated diamonds, gold concepts, liquor, and photovoltaic equipment sectors declined [1] - The media sector experienced a surge with over 10 stocks hitting the daily limit up, including Duoke Culture, Zhongwen Online, and Rongxin Culture [1] Stock Performance - Notable gainers included: - Duoke Culture: +20.03% at 13.90 - Zhongwen Online: +20.01% at 42.34 - Rongxin Culture: +20.00% at 50.69 - Liujin Technology: +16.82% at 16.25 - Zhongxin Publishing: +10.93% at 34.70 [2] - Conversely, the photovoltaic equipment sector saw declines, with Guosheng Technology down over 9% and Shuangliang Energy down over 7% [3][4] Market Activity - The total trading volume in the Shanghai and Shenzhen markets was 2.11 trillion, a decrease of 143.9 billion from the previous trading day, with over 3,100 stocks declining [5] - As of the market close, the Shanghai Composite Index rose by 0.13%, the Shenzhen Component Index increased by 0.02%, while the ChiNext Index fell by 0.37% [6] Capital Flow - Main capital inflows were observed in the media, computer, and pharmaceutical sectors, while there were outflows from power equipment, non-bank financials, and retail sectors [7] - Specific stocks with significant net inflows included: - Light Media: 2.957 billion - Zhongwen Online: 2.079 billion - Sanhua Intelligent Control: 1.444 billion [7] Institutional Insights - CITIC Securities maintains an optimistic outlook on precious and non-ferrous metal prices through 2026 [8] - China Galaxy Securities views the current moment as a new starting point for the storage chip sector [8] - Huatai Securities is optimistic about the continued global market share growth of domestic engineering machinery manufacturers [8]