鑫新闻 研究所日报 2026 年 01 月 08 日 星期四 1. 截至2025年12月末，我国外汇储备规模为33579亿美元，环比上升115亿美元，再创2015年12月以 来新高；黄金储备规模为7415万盎司，环比增加3万盎司，为连续第14个月增加。点评：我国外汇储 备规模创出2015年末以来的最高值，主要得益于我国贸易差额持续攀升。另外人民银行持有黄金数量 持续攀升，官方储备资产多元化趋势明显。从全球范围看，2022年以来全球央行总体加速购进黄金， 根据wind统计数据，2022年全球央行净购金量1080吨，2023年1050吨，2024年1089吨，系自有数据以 来的全球央行增持黄金最高的三年，此前最高年度为2018年净购金合计656吨，2025年全球央行购金量 环比降低至634吨，虽然环比下降明显，但对比历史数据仍然居于高位。作为央行储备资产之一，黄金 正在不断挤压美元份额。 2. 央行公告，1月8日将开展11000亿元3个月期买断式逆回购操作。点评：1月8日有11000亿元3个月 期买断式逆回购到期，此次操作将实现等量对冲，也是该政策工具连续第三个月等量续作。央行月初 快速回收OMO存量，其规模降至 ...

美股延续跌势，标普500指数下跌0.7%，纳斯达克指数下跌0.4%，道指下跌0.9%。 本文源自：金融界AI电报 ...

Core Insights - The current era is characterized as the age of artificial intelligence, comparable to the time when the steam engine was invented, marking a significant investment opportunity [3][15] - Technological progress is identified as the fundamental driver of wealth growth and societal advancement, despite economic fluctuations and crises [5][16] - The investment strategy of the company has shifted towards focusing on AI-related companies, similar to past successful investments in technology [9][16] AI Era - The AI era is seen as a transformative period, with potential for significant changes in business models and consumer behavior, such as the use of AI agents for everyday tasks [12][22] - Companies like Nvidia and Google are highlighted as key players in the AI space, with substantial investments in research and development [22][23] Investment Strategy - The company has made strategic decisions to invest heavily in AI technologies, reflecting a belief that the same opportunities that existed in previous technological revolutions are present today [9][16] - The importance of long-term investment perspectives is emphasized, suggesting that successful investments require a multi-decade view [10][19] Market Trends - The Nasdaq index has shown significant growth over the past decades, with historical performance indicating that technology-driven markets tend to outperform others [5][18] - Recent trends show increased investment in companies like Google and Alibaba, indicating a shift in market sentiment towards AI and technology stocks [13][14][23] Competitive Landscape - The competitive environment in AI is described as intense, with major companies like Amazon, Google, and Microsoft investing heavily in AI technologies [22] - The potential for monopolistic structures in the AI industry is noted, with a few companies likely to dominate the market and achieve unprecedented valuations [24]

Group 1 - The S&P 500 futures rose by 0.9% in early trading on Thursday in the Asia-Pacific region [1] - The Nasdaq futures increased by 1.4% [1] - The Russell 2000 futures gained 0.67% [1] - The Dow futures saw a rise of 0.3% [1]

Core Viewpoint - The Nasdaq index recovered from a 0.5% decline and turned to an upward trend on November 17 [1] Group 1 - The Nasdaq index showed resilience by reversing its earlier losses and closing in positive territory [1]

Core Points - The Nasdaq index experienced a decline of 2.00%, closing at 22,937.89 [1] Group 1 - The Nasdaq index's intraday drop reached 2.00% [1] - The closing value of the Nasdaq index was reported at 22,937.89 [1]

Group 1 - The Dow Jones Industrial Average recovered from its earlier losses and turned positive [1] - The Nasdaq index, however, declined by 1.2% [1]

Core Points - The U.S. stock market has experienced a significant decline, with the Nasdaq index dropping by 1.00% [1] Industry Summary - The overall trend in the U.S. stock market indicates increasing volatility, as evidenced by the recent downturn in major indices [1]

Core Insights - The S&P 500 and Nasdaq indices have both reached all-time highs, with the latest increases of 0.8% and 1% respectively [1] Group 1 - The S&P 500 index has achieved a historical peak [1] - The Nasdaq index has also set a new record high [1] - The recent performance indicates a positive trend in the stock market [1]

Core Viewpoint - The Nasdaq index experienced a significant intraday increase of 2.01%, reaching a value of 22650.36 [1] Group 1 - The Nasdaq index's intraday performance indicates a positive market sentiment [1] - The increase in the Nasdaq index may reflect broader trends in the technology sector [1] - The specific percentage change of 2.01% highlights a notable movement in the index for the day [1]