沪深股通今日合计成交3665.72亿，其中紫金矿业和中际旭创分居沪股通和深股通个股成交额首位。板 块主力资金方面，电子板块主力资金净流入居首。ETF成交方面，沪深华夏沪深300ETF（510330）午 后分时现放量下挫，成交超250亿，创历史成交天量。 龙虎榜方面，思源电气回封涨停，获深股通买入3.07亿，而四家机构卖出2.92亿。美年健康获三家一线 游资（广发证券深圳后海、国泰海通证券上海海阳西路、国联民生证券宁波分公司）合计买入8.62亿。 一、沪深股通前十大成交 从板块表现来看，半导体、CPO、人形机器人等板块涨幅居前，油气、AI应用等板块跌幅居前。 | | | 星矿板块主力资金监控:今日买入前五榜(2026年1月16日) | | | --- | --- | --- | --- | | 排名 | 板块名称 | 主力资金净流入(亿元) | 主力资金净流入率(%) | | 1 | 电子 | 230.12 | 3.85 | | 2 | 未當体 | 138.58 | 4.60 | | 3 | 机械设备 | 51.03 | 2.20 | | 4 | 交运设备 | 26.96 | 1.92 | | 5 | 通用设备 ...

出品：新浪财经上市公司研究院 作者：君 2026年1月9日，芯天下技术股份有限公司（下称"芯天下"或"公司"）向联交所主板提交上市申请，广发证券、中信证券为联席保荐人。 芯天下曾因A股IPO期间业绩预测不准确收到深交所监管函，并牵连保荐机构、会计师事务所及相关人员，财务内控有效性存疑。本次递表前夕，芯天下存 在"超额分红"情形，2025年前三季度的分红金额占同期净利润的144.71%。 此外，2022年至2024年，芯天下连续三年业绩大幅下滑，自2023年起陷入亏损。2025年前三季度，公司虽同比扭亏，但依赖裁员带来的营运成本下降。截至 2025年9月底，公司员工总数及研发人员数量分别较2022年底减少34.47%、47.14%。2024年至今，公司仅获授1项发明专利，核心竞争力存疑。 曾因业绩"变脸"收监管函 递表前超额分红、上海国投清仓退出 芯天下是中国存储芯片行业的革新者，专注代码型闪存芯片的研究与开发、设计和销售。代码型闪存芯片主要为存储系统启动及运行过程中的代码而设，该 等场景需要高稳定度与可靠度。公司以Fabless模式为客户提供从1Mbit至8Gbit宽容量范围的代码型闪存芯片。 据粗略统计，2 ...

Market Overview - The A-share market experienced fluctuations today, with the Shanghai Composite Index closing down 0.26%, the Shenzhen Component Index down 0.18%, and the ChiNext Index down 0.2%. The total market turnover was 30,564 billion yuan. For the week, the Shanghai Composite Index fell by 0.45%, while the Shenzhen Component Index rose by 1.14% and the ChiNext Index rose by 1% [1]. Semiconductor Sector - The semiconductor industry chain saw significant gains, with semiconductor equipment remaining active. Notable stocks included Jinhai Tong, which hit the daily limit, and others like Jing Sheng Co., Fuchuang Precision, and Zhongke Feicai, which also experienced substantial increases [3]. - The storage chip sector performed strongly, with stocks like Jintaiyang hitting the daily limit, and companies such as Zhaoyi Innovation and Tongfu Microelectronics also reaching the daily limit. The stock of Yingxin Development surged to a closing price of 3.36 yuan per share, with a market capitalization of 19.729 billion yuan [3][5]. - Zhaoyi Innovation reached a closing price of 280.46 yuan per share, marking a historical high with a market capitalization of 195.41 billion yuan and a trading volume of 15.02 billion yuan [5]. AI and Storage Market - According to a report by Zheshang Securities, the urgent demand for memory bandwidth and capacity driven by AI training and inference is propelling the storage industry into a new growth cycle, with both volume and price on the rise. The AI technology revolution is reshaping storage demand, leading to upgrades towards high performance, large capacity, and low power consumption [6]. - The global storage market is projected to grow from $263.3 billion in 2025 to $407.1 billion by 2029, indicating a significant growth trajectory for the storage chip market [7]. Humanoid Robot Sector - The humanoid robot concept showed strength in the afternoon session, with stocks like Henghui Anfang hitting the daily limit. Analysts suggest that humanoid robots are gradually moving towards commercialization, with several manufacturers receiving large orders, indicating a shift towards mass production [8][10]. - The domestic and overseas humanoid robot industries are expected to resonate, accelerating the commercialization process globally [10]. National Fund Holdings - The National Fund holdings concept sector was active today, with a cumulative increase of 18.06% this year [10].

Core Insights - The year 2026 marks the beginning of the "15th Five-Year Plan," with the market seeking new directions amidst macroeconomic changes and industry adjustments [1][12] - The focus of the technological transformation is shifting from laboratory model competitions to global industrialization efforts, characterized by "co-opetition" between global tech races and domestic supply chain breakthroughs [2][13] Group 1: Overseas Computing Power - The demand for overseas AI computing power remains a bright spot in global tech investment, driven by strong capital expenditures from tech giants supported by robust cash flows [3][14] - The competitive landscape in the large model sector is stable, avoiding harmful internal competition, while the evolution of technology from text and multimodal to "world models" is clear, opening new ceilings for growth [3][14] - The investment strategy focuses on selecting leading companies for long-term holding, benefiting from a clear demand chain that starts with optical modules, followed by servers and supporting components like PCBs [3][14] Group 2: Domestic Substitution - China's path to overcoming existing computing power gaps is becoming clearer, utilizing "super node" clusters to compensate for single-point weaknesses, which will significantly increase demand for GPUs and high-speed switching chips [4][15] - The semiconductor equipment and materials sector shows strong certainty, as expansion requires purchasing equipment and materials regardless of which wafer factory prevails [4][15] - Attention is drawn to leading equipment manufacturers benefiting from orders in the expansion of domestic storage giants, as well as small-cap growth stocks that achieve breakthroughs in high-end processes [4][15] Group 3: Storage Chips - AI is fundamentally altering the supply-demand dynamics of storage chips, with supply growing steadily at around 15% annually, while demand surges due to the memory functions of large models and the massive consumption of multimodal content [5][16] - The focus is on the listing and expansion of domestic storage leaders, which presents opportunities not only for chip design companies but also for the entire supply chain from module manufacturing to upstream equipment and materials [5][17] - The current storage cycle is accompanied by rapid technological iterations, leading to potential early depreciation of capacity, which introduces unique "option value" in investments [6][17] Group 4: AI Extensions - The success of grand technological concepts relies on solid physical foundations and commercial closed loops, extending the view to both ends of the industry chain [7][18] - The surge in computing power in North American data centers has created significant electricity shortages, making energy storage a core solution for stabilizing power supply, transitioning from a theme to a necessity [7][18] - As infrastructure improves, finding value "outlets" becomes crucial, with a focus on companies in the Hong Kong market that can integrate traditional businesses with AI, as well as new infrastructure services emerging in the AI era [7][18] Group 5: Market Dynamics - In addition to focusing on high-growth sectors, attention is also given to the "other side" of the market [8][19] - There is a reverse layout for high growth in the lithium battery supply chain driven by energy storage, with expectations of supply-demand mismatches in midstream battery materials and upstream resources due to unexpectedly high demand [8][19] - Caution is advised regarding overheated themes like humanoid robots, which face significant engineering challenges and unclear paths to mass production and profitability [8][19] Conclusion - The technology investment landscape in 2026 is expected to be complex and differentiated, with ongoing prosperity for overseas computing power leaders and challenges for domestic supply chains [9][20] - The interplay of hardware investments and the patient exploration of application deployment highlights the need for a nuanced understanding of industry logic [9][20] - The focus will remain on the essence of technological evolution, supply-demand patterns, and commercial closed loops to navigate the significant industrial transformation ahead [9][20]

Group 1 - Micron Technology's board member Teyin Liu purchased 23,200 shares of Micron stock for $7.8 million, with a share price range of $336.63 to $337.50, bringing his total holdings to 25,910 shares [1] - Micron's stock price has increased over 240% since 2025 and has risen nearly 18% this year, driven by the storage industry's upcycle due to the AI infrastructure boom [1] - The storage industry is expected to enter a "super cycle" as AI infrastructure demands exceed that of traditional servers, leading to increased prices for storage products [1] Group 2 - Micron's optimistic earnings outlook for fiscal year 2026 includes projected revenue of $18.3 to $19.1 billion and adjusted earnings per share of $8.22 to $8.62, significantly above market expectations [2] - Citigroup analysts predict a dramatic increase in storage chip prices in 2026, with DRAM average selling prices expected to rise by 88% and NAND prices by 74% [2] - Nomura analysts forecast that the storage industry's super cycle will last at least until 2027, with meaningful new supply not expected until early 2028 [3]

1月16日，三大指数早盘冲高后震荡回落，截至收盘，沪指跌0.26%报4101.91点；深证成指跌0.18%，创 业板指跌0.20%。盘面上看，存储芯片概念大涨，金太阳20%涨停，佰维存储、江波龙等大涨股价创历 史新高；特高压概念大涨，电科院、汉缆股份等多只个股涨停；人形机器人概念走强，恒辉安防20%涨 停；半导体板块大涨，天岳先进等涨停；CPO概念、AI眼镜、光刻机概念、汽车板块等涨幅居前；AI 营销概念大跌，省广集团等跌停；传媒娱乐、互联网、旅游、石油、保险等跌幅居前。全市场成交金额 逾3万亿元，较上一交易日小幅增加；超2300只个股上涨。 MACD金叉信号形成，这些股涨势不错！ 来源：人民财讯 ...

Market Performance - The market opened high but closed lower, with the Shanghai Composite Index down 0.26%, the Shenzhen Component down 0.18%, and the ChiNext Index down 0.2% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 3.06 trillion yuan, an increase of 118 billion yuan compared to the previous trading day, with over 2900 stocks declining [1] Semiconductor Sector - The semiconductor industry showed strong performance, with stocks like Changdian Technology hitting the daily limit and reaching a five-year high, while other companies like Meige Technology and Kangqiang Electronics also saw significant gains [2] - The storage chip sector experienced a notable rise, with Jiangbolong's market value at 148.2 billion yuan increasing over 13%, and Baiwei Storage's market value at 86 billion yuan rising over 17%, both reaching historical highs [2] - Counterpoint Research reported that the storage market has entered a "super bull market" phase, expecting a further increase of 40%-50% in Q1 2026 and about 20% in Q2 2026 [2] Market Outlook - Guojin Securities suggests that the A-share market is likely to perform well in the future, driven by marginal improvements in liquidity, with historical trends indicating a continuation of the spring market rally [3] - The ongoing spring market is expected to benefit from a weak recovery in the economy, with technology and cyclical sectors likely to see upward profit growth [4] - Huajin Securities emphasizes that the current external risks are relatively limited, and the focus should remain on growth sectors that are poised for a rebound [4]

一天一个价，内存条跟硬盘价格涨势不住，跟去年相比涨了三四倍""现在每天大约涨40元"。 二级市场也疯涨，美股市场存储股集体大涨，闪迪SNDK、西部数据WDC这些存储龙头在不断的刷新 高，刺激A股存储股也走强。 今日A股存储芯片板块指数大涨超4%，年内累涨超18%。 有报告指出，存储市场已进入"超级牛市"阶段，当前行情甚至超越了2018年的历史高点。在AI与服务器 容量需求持续激增的推动下，供应商议价能力已达到历史最高水平。2025年四季度存储价格飙升40%– 50%；预计2026年一季度将涨40%–50%，二季度预计再上涨约20%。 日本野村证券最新研报披露，存储芯片大厂SanDisk（闪迪）计划在2026年一季度，对企业级固态硬盘 （SSD）实施价格翻倍策略，以应对服务器级存储需求的持续攀升。 业绩暴涨 存储"超级周期"之下，存储板块相关公司股价与业绩齐飞。 个股中，金太阳20CM涨停，佰维存储、精测电子涨超16%，汇成股份、蓝箭电子涨超9%，晶升股份涨 超13%。值得注意的是，佰维存储、精测电子、汇成股份、江波龙、华海清科创历史新高。 | 代码 名称 | 涨幅量 | 涨跌 | 现价 | | --- | - ...

点评：消息面上，据中国电力报1月15日从国家电网获悉，"十五五"时期，国家电网公司固定资产投资 预计达到4万亿元，较"十四五"投资增长40%，以扩大有效投资带动新型电力系统产业链供应链高质量 发展。 1月16日，A股三大股指高开低走，全天维持宽幅震荡走势，截止收盘，沪指跌0.26%，报4101.91点， 深成指跌0.18%，报14281.08点，创业板指跌0.2%，报3361.02点，科创50指数涨1.35%，报1514.07点； 沪深两市成交额3.03万亿，全市场超2900只个股下跌。 盘面上，半导体产业链集体走强，长电科技涨停创5年多新高，美埃科技、康强电子、圣晖集成涨停。 存储芯片概念午后持续拉升，佰维存储、江波龙均创历史新高。人形机器人概念走高，五洲新春、方正 电机等多股涨停。电网设备概念表现活跃，思源电气、广电电气涨停。下跌方面，油气、AI应用等板 块跌幅居前。其中AI应用端遭遇跌停潮，新华都、天下秀、引力传媒、视觉中国、新华网、人民网跌 停。 热点板块 电网设备、电力股延续强势 电网设备、电力股延续强势，思源电气、广电电气、华银电力等多股涨停。 碳纤维午后震荡走高 午后碳纤维概念震荡走高，中简科技 ...

格隆汇1月16日｜A股市场存储芯片概念股午后涨幅进一步扩大，其中，汇成股份20CM涨停，佰维存储 触及20CM涨停，盈新发展、赛腾股份(603283)、兆易创新(603986)、太极实业(600667)、通富微电 (002156)10CM涨停，精测电子(300567)涨超16%，江波龙、华润微等跟涨。 ...