财经大件事（2026年1月26日-2026年2月1日） 头条 金价震荡！黄金"牛股"跌停，股东精准"套现"1.8亿 随着现货黄金价格的剧烈震荡，A股黄金板块在经历连续大涨后出现显著分化。 杰我睿兑付危机持续发酵，多家同类平台小程序被暂停服务 日前，深圳"杰我睿珠宝"黄金兑付危机引发市场关注。据悉，该平台提现已经受限，全国投资者未结清余额超百 亿元。 湾财社记者注意到，在杰我睿平台出现兑付危机后，"云点当""融通金"等同类平台的小程序被相继暂停，不过"融 通金"已启动备用方式维持正常运营。 在这场黄金兑付风波中，危机核心是"预定价"模式，其本质为无实物支撑的高杠杆黄金对赌。此前已有同类平台 出现兑付困难，这类平台多无金融资质、缺乏监管，价格波动下易失控。 配送员将水仙种球当百合配送，消费者索赔300万？盒马回应 近日，有媒体报道，北京一位消费者在盒马App下单一盒鲜百合，配送员误将有毒性的水仙种球配送上门，其家 人不慎误食就医。 截至1月30日午间收盘，黄金概念股走势呈现两极分化态势：湖南黄金（002155.SZ）、中国黄金（600916.SH）大 涨，赤峰黄金（600988.SH）、山东黄金（600547.S ...

Core Viewpoint - The A-share liquor sector experienced a significant surge, with the liquor ETF rising by 10.08% and the China Securities Liquor Index increasing by 9.79% on January 29, driven by macroeconomic expectations and seasonal factors related to the upcoming Spring Festival [1][2]. Group 1: Market Performance - 20 liquor companies saw stock price increases, with 18 reaching the daily limit, including notable gains from Kweichow Moutai (8.61% increase) and others like Jinzhongzi Liquor and Huangtai Liquor, both around 10% [1][2]. - The wholesale price of Feitian Moutai has been rising, surpassing 1600 yuan, indicating a market recovery signal as the product remains sold out on official platforms [3]. Group 2: Expert Insights - Experts attribute the price increase to a combination of Moutai's proactive price control and seasonal demand, suggesting that the liquor sector is a target for capital investment due to its cyclical nature [4]. - The overall industry is under pressure, with several companies forecasting significant declines in net profit, indicating a challenging competitive landscape and increased inventory issues [4]. Group 3: Future Outlook - Analysts suggest that the proactive inventory adjustments by liquor manufacturers and the stabilization of high-end liquor prices could lead to a healthier market development [5]. - The upcoming Spring Festival is expected to boost demand, with the liquor sector seen as a value opportunity for investors, despite the need for cautious optimism regarding long-term trends [5].

| 沪深京市场 | | 香港市场 | 美国市场 | 英国市场 | 全球指数 | | 股转系统 | 期权市场 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 沪深综合 | | 沪深京A股 ▼ | 创业板 ▼ | 科创板 ▼ | CDR | 沪深京指数 ▼ | | 白酒 ▼ | | 序 | 代码 | 名称 | | 最新 | 涨幅 > | 涨跌 | 成交量 | 现量 | | 0 | BK0896 | 白酒 | | 2319.88 | +5.16% | +113.84 | 26.1万手 | 03 | | 1 | 600199 | 金种子酒 | R ● | 10.30 | +10.04% | +0.94 | 58.5万手 | 4345手 | | 2 | 000995 | 三圆织与新 | ● | 14.48 | +10.03% | +1.32 | 26.4万手 | 576手 | | 3 | 603198 | 迎驾贡酒 | R . | 42.63 | +10.01% | +3.88 | 21.4万手 | 673手 | | 4 | 603919 | 金徽 ...

驱动这些板块上涨的逻辑，核心在于"预期修复"和"高低切换"。一方面，市场对于春节前的消费旺季抱 有期待，白酒板块的备货行情提前启动，叠加可能进一步落地的"以旧换新"等消费刺激政策，给了资金 做多的理由。另一方面，房地产板块在经历了长期深度调整后，筹码结构已经相对出清，部分政策边际 改善的传闻（如月度数据上报要求调整）便足以引发超跌反弹。 今天是2026年1月29日，市场走出了极为分化的行情，相信很多朋友手中的持仓也是冰火两重天。我们 来一起拆解一下盘面，看看资金究竟在流向何方。 先看整体概览。今日A股三大指数涨跌不一，上证指数顽强收红，微涨0.16%，报4157.98点；而深证成 指和创业板指分别下跌0.3%和0.57%。最引人注目的是科创50指数，全天大跌3.03%，收于1507.64点。 两市成交额显著放大，达到了3.23万亿元，环比增加了超过2600亿元。港股方面相对平稳，恒生指数微 涨0.2%，但恒生科技指数下跌1.41%。 这种"沪强深弱"、主板与科创严重分化的格局，清晰地揭示了当前市场的资金偏好和情绪主线。 从行业板块来看，今天的涨幅榜几乎被传统蓝筹和顺周期板块包揽。食品饮料板块一骑绝尘，暴涨 6 ...

先看大盘整体数据。 2026年1月29日，A股主要指数分化显著。上证指数在权重股支撑下逆势收涨 0.16%，报4157.98点；而代表成长风格的科创50指数则大跌3.03%，创业板指下跌0.57%。 两市合计成 交额显著放大至3.23万亿元，环比增加超过2600亿元。 今日A股呈现冰火两重天格局：上证指数微涨，但科创50指数重挫超3%。市场风格剧烈切换，资金从 高估值成长赛道（半导体、新能源）大幅流出，涌入低估值顺周期板块（白酒、地产、金融）。 两市 成交额显著放量至3.23万亿元，显示出在关键风格分歧点上多空博弈的激烈程度。短期市场或延续"蓝 筹补涨、成长休整"的格局，而中长期科技创新主线正在震荡中孕育新的布局机会。 第一，短期风格惯性可能延续。 在政策预期和节前效应的支撑下，大消费和低估值蓝筹的补涨行情仍 有一定动能，但其反弹高度和持续性，将紧密依赖后续公布的宏观消费及地产销售数据能否给予验证。 这种"沪强深弱"、"价值强于成长"的格局，绝非偶然，而是多重因素驱动下资金集体选择的结果。 板块表现上，涨幅榜与跌幅榜阵营分明，宛如一场"现实派"与"梦想派"的对话。 领涨的"现实派"以消费和传统经济为主力。食品 ...

Core Viewpoint - The article discusses the economic outlook for China in 2026, emphasizing the potential for stable and healthy growth driven by export resilience and infrastructure investment [2][3]. Economic Growth Drivers - The two main supports for economic growth in 2026 are the evolving resilience of exports and the stabilizing role of infrastructure investment [2]. - China's exports are undergoing an upgrade, with a diversification of markets and a shift in product structure from consumer goods to intermediate and capital goods [2]. - Infrastructure investment is expected to maintain a good growth rate, supported by a proactive fiscal policy and moderate monetary policy [3]. Investment Focus Areas - Future investments are likely to focus on four key areas: basic livelihood security (healthcare, education, elderly care, housing), consumption upgrade (shift from traditional goods to service and experience consumption), human capital development (improving education quality and vocational training), and sustainable development (supporting childbirth and addressing aging) [4]. Challenges Ahead - The stability of the real estate market and local government debt issues remain significant challenges that need to be addressed [4]. Supply and Demand Balance - There is a notable discrepancy between macroeconomic stability and microeconomic sentiment, which is a global challenge [5][6]. - The Chinese economy is characterized by strong supply capabilities and weak demand, leading to low price levels and a mismatch between nominal income growth and actual economic performance [6]. Consumer Behavior Trends - Consumer habits are shifting from basic needs to development-oriented and enjoyment-oriented consumption, with service consumption expected to grow faster than goods consumption [6]. Capital Market Outlook - The capital market is anticipated to continue the positive trend observed since late 2024, supported by improving corporate profits, enhanced market regulations, ample liquidity, and rising risk appetite [7]. - Two main investment themes are identified: technology growth (AI, new energy, commercial aerospace) and the non-ferrous metals cycle, which may present investment opportunities due to supply-demand gaps [7]. Investment Strategy for Individuals - Individual investors are advised to align their investments with their understanding and risk tolerance, emphasizing that the ultimate goal of investing is to improve quality of life [8].

Group 1 - International institutions such as the World Bank, IMF, and ADB have raised their growth forecasts for China's economy for next year, with the World Bank increasing by 0.4 percentage points, IMF by 0.2 percentage points, and ADB by 0.1 percentage points, indicating a consensus in their updated judgment logic [1][3] - China's economic resilience has proven stronger than many anticipated at the beginning of the year, supported by sustained fiscal efforts and loose monetary policy, which have kept consumption and investment active under pressure [3] - The diversification of export markets has provided more stable support for external demand, prompting international institutions to reassess their growth expectations for the coming year [3] Group 2 - The World Bank's chief economist for China, Melissa, believes that China's long-term growth potential remains considerable, with key factors being technological innovation and productivity improvement, suggesting that the potential growth rate is not declining as rapidly as feared [3] - IMF President Georgieva emphasized the importance of domestic demand, noting that China is enhancing consumption stability through targeted policy measures such as improving the social security system and providing childcare subsidies, which will positively impact mid-term growth quality [3] - The expectation of improved certainty in the operating environment is seen as beneficial for both consumer spending and corporate investment, which will support the financial sector, small and medium enterprises, and asset allocation needs [3][4]