【导读】黄金概念股狂掀涨停潮，半导体芯片板块火热；牛股淳中科技连续两日跌停 中国基金报记者 晨曦 大家好！来一起关注最新的市场行情和资讯～ 1月28日，A股三大指数早间小幅高开，随后陷入震荡。截至发稿，上证指数涨0.2%，深证成指、创业板指翻绿。 盘面上，上午贵金属、半导体芯片、石油天然气等板块走强，黄金概念股再掀涨停潮，先进封装、汽车芯片、存储器等概念股纷纷大涨；稀土、光伏、锂 电等概念股不振；前期大牛股淳中科技，连续两日跌停。 | Wind热门概念指数 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 黄金珠宝 | 先进封装 | 汽车芯片 | 模拟芯片 | 6.26% | 5.27% | 4.40% | 3.52% | | IGBT | MCU芯片 | 存储器 | 晶圆产业 | 3.17% | 2.87% | 2.55% | 2.49% | | 芯片 | 稀有金属 | 半导体 | 稀土永磁 | 2.45% | 2.41% | -1.81% | -1.81% | | 锂电正极 | 锂电负极 | 工业母机 | 钠离子电池 | ...

1月21日，A股全天冲高回落，三大指数小幅上涨。截至收盘，沪指涨0.08%，深成指涨0.7%，创业板指涨0.54%。 全市场共3096只个股上涨，88只个股涨停，2197只个股下跌。 【导读】宽基ETF爆量，石化ETF出乌龙指 兄弟姐妹们啊，隔夜海外市场腥风血雨，今日A股稳中向好，三大指数震荡上涨。 一起看看发生了什么事情。 贵金属板块集体爆发，四川黄金、西部黄金等多股涨停。消息面上，现货黄金站上4830美元/盎司，日内涨1.5%。 半导体 芯片股走强， 龙芯中科 、 大港股份 等封板。 | 880005 涨跌家数 | | | | --- | --- | --- | | 重中 涨停 | | 88 | | 涨幅 > 7% | | 194 | | 涨幅 | 5-7% | 153 | | 涨幅 | 3-5% | 373 | | 涨幅 | 0-3% | 2376 | | 跌幅 | 0-3% | 1967 | | 跌幅 | 3-5% | 158 | | 跌幅 | 5-7% | 42 | | 跌幅 | > 1% | 30 | | 其中 跌停 | | 11 | | | | 3096 | | | | 2197 | | 上競賽 ...

Market Overview - The Hong Kong stock market indices continued to decline in the afternoon, with the Hang Seng Tech Index dropping to a low of 1% before closing down 0.69%. The Hang Seng Index and the China Enterprises Index shifted from gains to losses, decreasing by 0.11% and 0.29% respectively, indicating cautious market sentiment after a series of rebounds [1] Sector Performance - Large technology stocks exhibited mixed performance, with Alibaba, Meituan, and JD.com showing gains, while Kuaishou fell over 3%. Tencent and Xiaomi also experienced declines [1] - Wind power stocks remained strong, supported by expectations of a 10%-20% growth in new domestic wind power installations next year. Dongfang Electric surged over 8% as it engages in potential sales discussions for gas turbine generator sets with U.S. clients [1] - The building materials and cement sector saw widespread gains, with Dongwu Cement reaching a historical high. Most Chinese bank stocks also rose, with major banks like ICBC, CMB, BOC, and CCB showing positive performance [1] Commodity and Other Stocks - Following a record high in gold prices, a significant technical pullback warning emerged, leading to some corrections in gold stocks. Copper and aluminum stocks opened high but closed lower [1] - Other sectors such as mobile gaming, military industry, robotics, and semiconductor stocks collectively faced declines [1] - The debut of Relax Health on the stock market saw a substantial increase of 158.8% on its first day [1]

Core Viewpoint - The Asia-Pacific stock markets experienced a collective downturn influenced by a significant drop in the US stock market, with major indices in Hong Kong falling sharply [1] Group 1: Market Performance - The Hang Seng Technology Index plummeted by 3.1% at one point, ultimately closing down 2.83% [1] - The Hang Seng Index and the China Enterprises Index declined by 1.85% and 2.09%, respectively, with the Hang Seng Index losing 500 points and falling below the 27,000 mark [1] Group 2: Sector Performance - Major sectors such as large technology stocks, financials (including banks, insurance, and brokerages), and state-owned enterprises contributed to the market decline [1] - Baidu's stock dropped over 7% following its earnings report, while CITIC Securities fell more than 5%, China Life Insurance declined nearly 3%, and Agricultural Bank of China decreased by nearly 2% [1] - Bitcoin fell below $97,000, leading to a broader decline in cryptocurrency-related stocks, while semiconductor, automotive, photovoltaic, aviation, military, and precious metal stocks also experienced losses [1] Group 3: Resilient Sectors - Conversely, the biopharmaceutical sector saw gains, with Gilead Sciences rising over 15%, and both Lai Kai Pharmaceutical and Saint Noble Pharmaceutical increasing by over 12% [1] - JD Health led the internet healthcare stocks with a rise of over 6% [1] - Citigroup noted favorable prospects for pork prices in the China-US market, contributing to a historical high for the leading pork stock, WH Group [1]

Market Overview - The Hong Kong stock market opened higher due to a preliminary consensus in Sino-US economic and trade relations, with the Hang Seng Index rising by 1.02% to 26,427 points, the Hang Seng China Enterprises Index increasing by 0.95% to 9,452 points, and the Hang Seng Tech Index up by 1.48% to 6,149 points, indicating a continued recovery in market sentiment [1]. Sector Performance - Major technology stocks acted as market indicators, with Baidu rising by 5.6%, Alibaba increasing by over 3%, and both JD and Tencent up by over 2%. Meituan and Kuaishou also saw nearly 2% gains, while Xiaomi was the only stock to decline, falling by 2.7% [1]. - The pharmaceutical outsourcing sector showed strength, with WuXi AppTec leading the gains, rising approximately 6% and reporting a 53.27% year-on-year increase in net profit for Q3 [1]. - Cement stocks surged, with Huaxin Cement experiencing a significant increase of nearly 12% post-earnings, and Western Cement rising by 5.8% [1]. - Other active sectors included Chinese brokerage firms, copper, Apple-related stocks, semiconductor chips, shipping, steel, coal, and military industries [1]. Weak Performers - Conversely, new consumption concept stocks declined, with sports goods, telecommunications, and restaurant sectors mostly underperforming. Additionally, over 20 stocks experienced declines of more than 8% [1].

Market Overview - The Hong Kong stock market experienced a collective decline, with the Hang Seng Index falling by 0.81% to close below 25,000 points, marking three consecutive days of losses [1] - The net selling of Hong Kong stocks by southbound funds exceeded 20 billion HKD [1][16] Sector Performance - Major technology stocks showed weak performance, with Meituan dropping 12.55%, JD.com down 5%, and Alibaba falling 4.69% [2][4] - Infrastructure-related stocks, including heavy machinery, high-speed rail, steel, and cement, also saw significant declines [2] - Semiconductor stocks were the strongest performers, with InnoCare rising over 15% [2][12] Individual Stock Movements - Meituan's stock price fell to 101.70 HKD, down 14.60 HKD [5] - JD.com closed at 115.20 HKD, down 6.10 HKD [5] - Alibaba's stock price decreased to 115.80 HKD, down 5.70 HKD [5] - Semiconductor stocks like InnoCare and SMIC saw increases of 15.43% and over 10%, respectively [12] Industry Trends - The biotechnology sector faced significant declines, with stocks like BGI Genomics dropping nearly 14% [8] - The construction materials sector also experienced widespread losses, with Asia Cement (China) down 4.5% [9] - The dairy sector saw declines, with China Shengmu and Ausnutria both falling over 4% [10] Investment Insights - The outlook for foreign investment in the Chinese market remains positive, with expectations of continued allocation due to improving domestic fundamentals and potential RMB appreciation [18]

Group 1 - Zhongke Shuguang (603019) experienced a limit-up in stock price, indicating strong market interest and demand [1] - The trading volume exceeded 10 billion yuan, reflecting significant investor activity and potential bullish sentiment [1]

Market Overview - The Hong Kong stock market indices showed a recovery, with the Hang Seng Index rising by 0.17% to close at 25,165.94 points, while the Hang Seng China Enterprises Index increased by 0.08% to 9,013.27 points [1][2] - The Hang Seng Tech Index remained flat, indicating a stabilization in the market [1] Sector Performance - Large technology stocks experienced narrowed declines, with some turning positive; solar energy stocks performed strongly following a meeting aimed at regulating competition in the industry [2][6] - Financial stocks, particularly domestic banks, saw a general increase, while semiconductor, Apple-related, paper, gold, and insurance stocks also rose significantly in the afternoon [2][3] Notable Stocks - Pop Mart surged by 12.5%, reaching a market capitalization of over HKD 420 billion; its revenue for the first half of 2025 was reported at HKD 13.88 billion, a year-on-year increase of 204.4% [3][7] - Old Peking Gold saw an increase of nearly 9%, with a revenue of HKD 12.354 billion for the first half of the year, up 251% year-on-year [7] - Semiconductor stocks like SMIC and Huahong Semiconductor rose over 3%, driven by expectations of growth in the AI sector and domestic production acceleration [9] Declining Sectors - Pharmaceutical stocks, particularly in internet healthcare and innovative drugs, faced significant declines, with some stocks dropping over 18% [10] - The film and entertainment sector also struggled, with several companies experiencing declines of over 5% [11] Capital Flow - Southbound funds recorded a net outflow of HKD 14.682 billion, with significant sell-offs in both Shanghai and Shenzhen stock connect [12] Future Outlook - Analysts suggest that the recent phase of underperformance in the Hong Kong stock indices may be a temporary consolidation after previous rapid gains, with potential for renewed interest in sectors with previously low earnings expectations [13]

Market Overview - The Hong Kong stock market showed a strong performance in the morning session, with the Hang Seng Index rising by 1.88% to 25,439.91 points, and the Hang Seng Tech Index leading with a gain of 2.35% to 5,566.72 points [1] - The market sentiment has improved significantly, as evidenced by the Hang Seng Index climbing 470 points above the 25,000 mark [1] Sector Performance - Major sectors such as large technology stocks, financials (insurance, banks, brokerages), and state-owned enterprises saw collective gains, contributing to the overall market rally [3] - Notable stock performances included Alibaba rising by 4.37%, and Meituan, Tencent, and Baidu each increasing by over 3% [3] - The biopharmaceutical sector also experienced significant gains, with companies like CanSino Biologics, Zai Lab, and Innovent Biologics leading the innovation drug concept [3] Individual Stock Highlights - Among brokerage stocks, Guolian Minsheng surged nearly 8%, leading the rise in Chinese brokerage shares [3] - Other financial stocks such as AIA Group, China Ping An, Industrial and Commercial Bank of China, and Agricultural Bank of China also recorded notable increases [3] Declining Stocks - Conversely, sectors such as gaming and paper manufacturing faced declines, with Galaxy Entertainment dropping as much as 4% during trading [3] - Other companies in the paper industry, including Chenming Paper and Nine Dragons Paper, also saw declines [3] - Additionally, nearly 30 stocks in the market experienced declines of over 10% [3]

Group 1 - The core viewpoint highlights a collective rise in semiconductor chip concepts, driven by increased capital expenditure from overseas CSP cloud vendors and TSMC's upward revision of its 2025 revenue growth guidance, indicating a sustained demand for computing power [1] - The Shanghai Stock Exchange Sci-Tech Innovation Board 100 Index (000698) rose by 0.56%, with notable increases in constituent stocks such as Shanghai Hejing (688584) up 20.00%, and Shengke Communication (688702) up 16.24% [1] - The overall performance of overseas semiconductor equipment companies in Q2 2025 met expectations, while domestic equipment companies showed positive order intake and performance [1] Group 2 - The Huaxia Sci-Tech 100 ETF (588800) closely tracks the Shanghai Sci-Tech Innovation Board 100 Index, selecting 100 medium-cap and liquid securities from the Sci-Tech Board, focusing on high-growth tech companies [2] - The ETF is the first and only mid-cap style index on the Sci-Tech Board, emphasizing extreme growth styles [2]