受弱美元提振，昨晚黄金、白银、铜等金属期货继续狂飙，今天离岸人民币汇率继续走强，现在真的离破7只有一步之遥了，有人民币升值预期在，结汇会 更加积极，从而进一步推动人民币升值，就看央行、外汇局怎么干预升值预期了。如果人民币继续升值，就需要关注人升值利好的板块了，比如免税、航 空、造纸等，这几天都有反应。 美国第三季度实际GDP初值年化季环比大幅增长4.3%，远超市场预期的增长3.3%，增速创两年来最快。美国总统特朗普批评市场"利好不涨"反常现 美国财政部长贝森特近日暗示美联储的政策框架或将面临重大调整，包括用通胀"区间制"取代固定的点位目标，以及取消备受市场关注的利率路径"点阵 图"。他主张央行应缩小对经济的干预范围，回归更为传统的幕后角色，并与财政部进行更有效的政策协同。 英伟达已告知中国客户，计划于明年2月中旬，即中国农历春节前向中国客户交付其性能排名第二的人工智能（AI）芯片H200。其中两位消息人士 称，英伟达计划动用库存履行首批订单，预计发货总量为5000至10000套芯片模组，相当于约4万至8万颗 H200芯片。 就如我上周说的，美国的11月就业、通胀数据落地算是全球股市12月份的转折点，美股纳指四 ...

西部证券发布研报称，2025年英伟达GTC大会上据黄仁勋披露，截至2026年的未来5个季度，Blackwell和Rubin的订单约为1400万颗GPU，估算2026年英伟达 机柜液冷市场规模保守/乐观约69/97亿美元。展望2026年，国产芯片出货有望保持高增，叠加AI超节点整机出货形式采用率的快速提升，将给国内液冷市场 带来高增机遇。 有报道称，中芯国际已经对部分产能实施了涨价，涨幅约为10%。另据《环球时报》援引路透社报道，多位知情人士透露，英伟达已告知中国客户，计划于 明年2月中旬向中国客户交付其性能排名第二的人工智能（AI）芯片H200。 商业航天再度爆发，超捷股份（301005.SZ）涨20%，神剑股份（002361.SZ）5连板，航天动力（600343.SH）涨10%，航天发展（000547.SZ）涨超9%。 分析人士表示，钙钛矿电池具备超轻量化、低成本、高抗辐照性、可柔性卷展等核心优势，有望成为破解太空能源瓶颈、支撑太空经济规模化发展的革命性 解决方案。 12月24日，三大指数再度走强，上证指数涨0.53%，深证成指涨0.88%，创业板指涨0.77%，科创50涨0.9%。两市超过3900只股票飘 ...

Group 1 - The core viewpoint of the report is that the mechanical equipment industry is rated as "recommended" with investment suggestions focusing on growth and cyclical opportunities, particularly in humanoid robots and AI infrastructure [1] - The mechanical equipment industry has seen a significant increase of 48.96% from the beginning of 2025 to November 30, 2025, outperforming the CSI 300 index, which rose by 15.04%, resulting in a relative return of 33.92% [2] Group 2 - The manufacturing PMI has declined, and export orders have contracted, indicating pressure on demand, particularly from external sources, while companies are in a "proactive destocking" phase [3] - Despite the macroeconomic fluctuations, the structural trend of industrial upgrading is expected to drive the industry towards high-end and intelligent development [3] Group 3 - Investment in humanoid robots is driven by a reversal in sentiment and clear bottom characteristics, with production nearing critical mass both domestically and internationally [4] - Recommended stocks in this sector include Hengli Hydraulic, Sanhua Intelligent Controls, and others [4] Group 4 - The gas turbine sector is experiencing a historic opportunity due to the power gap in North America, driven by AI computing demands [5] - Recommended stocks include Dongfang Electric, Shanghai Electric, and others [5] Group 5 - The liquid cooling sector is transitioning from "air cooling limits" to "liquid cooling necessities," driven by the exponential growth in AI chip power consumption [6] - Recommended stocks include Invec, Shenli Environment, and others [6] Group 6 - The engineering machinery sector is expected to recover due to domestic demand and policy support, with significant growth potential in overseas markets [7] - Recommended stocks include Sany Heavy Industry, XCMG, and others [7] Group 7 - The mining machinery sector is poised for growth due to rising global capital expenditures and a shift from import reliance to self-sufficiency [9] - Recommended stocks include XCMG, Northern Heavy Industries, and others [9]

《电报解读》是一款主打时效性和专业性的即时资讯解读产品。侧重于挖掘重要事件的投资价值、分析 产业链公司以及解读重磅政策的要点。即时为用户提供快讯信息对市场影响的投资参考，将信息的价值 用专业的视角、朴素的语言、图文并茂的方式呈现给用户。 ①液冷+电解液，核心产品用于半导体制程冷却和数据中心浸没式冷却，已实现全球主流客户批量交付， 这家公司有机氟化学品业务板块保持稳健增长； ②存储芯片+智能驾驶，这家公司存储芯片订单价格开始 上涨，新计算芯片推进端侧AI布局，深化汽车电子和安防市场竞争力。 前言 ...

| 档势线 | | 大盘趋势线 ▼ 九转 事件 热点回溯 加自选 均线 窗 预测 ◆ | | | 上指数 000001 | | | --- | --- | --- | --- | --- | --- | --- | | | | | 日 (2) ◎ 中 (1) 日 (1) (1 3041 | 3919.98 | +2.62 | +( | | | | | 3937.13 | 上证指数ETF | 0.00% | | | | | | 3920 | 三市成交额(沪深京) | | 1. | | | | | | 硕估成交额 | | 1. | | | | | 3910 | 较上日此时 | | +3 | | | | | | 沪股通额度余额 | | 额 | | | | | | 总市值 | | 64. | | | | | | 流通市值 | | 59. | | | | | 3876 | 最新 | 3919.98 昨收 | 3 | | | | | | 涨跌 | +2.62 开盘 | 3 | | | | | | 涨幅 | +0.07% 最高 | 3 | | | | | 3843 | 振幅 | 0.67% 最低 | 3 | | | | | ...

国外 1. 瑞穗证券：金银价格再创新高，地缘风险外溢但后续动能存疑 机构分析指出，国际黄金和白银期货价格双双创下历史新高。美国扣押委内瑞拉油轮事件给本已充满俄 乌冲突等多重压力的地缘政治格局注入了新的不确定性。然而，尽管美国施压委内瑞拉令市场持续紧 张，但在因圣诞节假日缩短的本周交易时段内，这一局势可能不足以支撑价格维持在纪录高位。瑞穗证 券美国公司分析师罗伯特·约格尔在报告中指出："指望委内瑞拉避险资金流将黄金推至更高水平，可能 有些过度乐观。" 2. 三菱日联：若财政风险未得到妥善应对，日元干预恐难奏效 三菱日联外汇研究主管Derek Halpenny指出，日本当局若试图通过外汇干预支撑日元，除非政府同步妥 善管控财政政策风险，否则干预行动很可能难以奏效。日本政府预计将于本周五通过2026财年预算案， 而投资者担忧该预算可能包含超出常规的部门支出规模。若果真如此，或将引发日本国债价格下跌，并 进一步加剧日元贬值压力。他警告称："财务省届时可能被迫入市干预，但此类干预能否成功，存在相 当大的不确定性。" 3. 三菱日联：美元或于2026年进一步走弱 三菱日联外汇研究主管Derek Halpenny指出，美元 ...

大盘五连阳后是不是要面临调整？手里有票的话该如何安排操作？倘若没票的朋友又该在什么情况下进 场？相关问题咱们来一一作答，还是先看一下今天股指期货多空的持仓数据，虽然沪深300这边多空争 夺依然激烈，但是另外两个以及中信期货都在降低空头仓位，说明已经有部分空头开始认输了，这种情 况下即便明天指数调整，也会促使更多空头平仓，调整幅度不会太大，因此大盘五连阳后确实有回撤需 求，但是鉴于部分空头已经认输离场，调整大概率也是倒车接人的机会，手中有票的朋友可以考虑做做 高抛低吸，没票的在调整至20日线附近可以考虑入场。 除了大盘之外今天很多人也开始关心板块了，毕竟商业航天因为长征十二号甲火箭回收失败的影响出现 大分歧，顺灏和航机甚至直接跌停，不过很多人认为，上次回收失败之后也没耽误商业航天继续上涨， 这次回收失败之后会不会也是如此呢？我觉得概率不高，上次是因为商业航天整体位置偏低，而且后面 还有长征12甲托底，现在商业航天的核心股全在高位，风险自然不可同日而语，所以这里商业航天的调 整时间可能会长一些，但是依然不能说板块行情已经终结，至少要看一次商业航天回流的力度再说。 还有要说的就是今天表现不错的芯片和液冷了，这两个也 ...

Market Overview - The Shanghai Composite Index closed at 3919.98 points, up 0.07%, with a trading volume of 806.9 billion yuan [1] - The Shenzhen Component Index closed at 13368.99 points, up 0.27%, with a trading volume of 1092.987 billion yuan [1] - The ChiNext Index closed at 3205.01 points, up 0.41%, with a trading volume of 498.642 billion yuan [1] - The STAR Market 50 Index closed at 1340.02 points, up 0.36%, with a trading volume of 52.8 billion yuan [1] - The total trading volume of the Shanghai and Shenzhen markets was 1899.887 billion yuan, an increase of 37.904 billion yuan compared to the previous trading day [1] Sector Performance - Strong sectors included construction materials, electric equipment, electronics, banks, and insurance [2] - Active concepts included fluorine chemicals, liquid cooling, organic silicon, composite flow batteries, and lithium mining [2] - Weak sectors included education, national defense, beauty care, retail, computing, automotive, real estate, and telecommunications [2] Individual Stock Performance - A total of 1479 stocks rose, while 3603 stocks fell, with 82 stocks remaining flat and 14 stocks suspended [2] - Among the stocks that hit the daily limit, 68 stocks rose to the limit, while 16 stocks fell to the limit [2] - Notable stocks with consecutive limit-ups included Victory Energy with 8 consecutive limit-ups, and several others with 5, 4, and 3 consecutive limit-ups [3] Capital Flow - The net outflow of main funds in the Shanghai and Shenzhen markets was 32.218 billion yuan, with the ChiNext seeing a net outflow of 8.934 billion yuan [4] - The electric equipment sector had the highest net inflow of main funds at 3.656 billion yuan, followed by chemicals and construction materials [4] - The defense industry saw the largest net outflow of main funds at 5.769 billion yuan, followed by electronics and telecommunications [4] Major Stocks with Fund Inflows - A total of 2141 stocks saw net inflows, with 78 stocks receiving over 1 billion yuan in net inflows [8] - The stock with the highest net inflow was Multi-Fluorine with 1.248 billion yuan, followed by Invech and CATL [8][9] Major Stocks with Fund Outflows - A total of 3016 stocks experienced net outflows, with 145 stocks seeing over 1 billion yuan in net outflows [11] - The stock with the highest net outflow was Shanzigaoke with 1.134 billion yuan, followed by Shanghai Hanxun and Lingyi Zhizao [11][12] Institutional Trading - Institutional investors had a net buy of approximately 528 million yuan, with Multi-Fluorine being the top net buy stock at about 210 million yuan [14] - The stocks with the highest net sell by institutions included Meie Technology and Xihua Technology [14]

证券日报网讯12月23日，大为股份（002213）在互动平台回答投资者提问时表示，公司主营业务为"半 导体存储+智能终端"和"新能源+汽车"两大业务。公司全资子公司深圳市大为创芯微电子科技有限公司 主要产品有NAND、DRAM存储两大系列，可广泛应用于个人电脑、车载、IDC、工业控制、医疗、轨 道交通、智能电子等领域。公司目前业务暂不涉及液冷、无人驾驶领域。 ...

前言 《电报解读》是一款主打时效性和专业性的即时资讯解读产品。侧重于挖掘重要事件的投资价值、分析 产业链公司以及解读重磅政策的要点。即时为用户提供快讯信息对市场影响的投资参考，将信息的价值 用专业的视角、朴素的语言、图文并茂的方式呈现给用户。 液冷+铜箔+机器人，液冷板获全球和国内顶尖芯片客户供应商代码，加快推进HVLP等高速PCB铜箔研 发，向优必选、智元提供人形机器人定制产品，这家公司产品已用于可控核聚变试验EAST项目。 ...