元旦后的新年市场，往往寄托着投资者对新一年的期盼。面对依然复杂的经济图景与持续轮动的市场风 格，2026年的开年布局该如何落子？ 先风控、再配置： 多资产策略的核心前提 "先风险管理，再资产配置"是张川的核心投资哲学。他认为，以FOF基金为代表的资产配置型产品的精 髓首先是驾驭和管理风险，之后才是预测各类资产的未来表现、增厚组合收益，走与传统股债类产品的 差异化之路。 浦银安盛基金FOF业务负责人、基金经理张川给出的答案是：跳出对短期热点的博弈，回归资产配置 的"初心"，从"选人"走向"搭积木"，推动FOF投资迈入系统化、工业化的2.0时代。 理念重塑： 告别"清单"，绘制"地图" "过去，FOF给人的印象是'专业的基金买手'，核心在于挑选出优秀的基金经理，但在市场风格剧烈轮 动、许多主动权益产品也面临巨大挑战的背景下，这种'选人'模式的底层逻辑受到了冲击，FOF的定位 也必须随之升级。" 张川表示，市场从来不缺机会，缺的是将机会转化为持续、稳健收益的体系。新一年的投资决胜点，不 在于押中某一个明星基金，而在于能否构建一个功能清晰、纪律严明、能适应不同风浪的资产组合。从 罗列一份追逐市场热点的"产品清单"，转 ...

Market Performance - The Shanghai Composite Index rose by 0.05% to close at 4085.77 points, with a daily high of 4098.78 points [1] - The Shenzhen Component Index increased by 0.06% to close at 14030.56 points, reaching a high of 14111.18 points [1] - The ChiNext Index saw a rise of 0.31%, closing at 3329.69 points, with a peak of 3351.22 points [1] ETF Performance - The median return for stock ETFs was 0.0% [1] - The highest performing scale index ETF was the E Fund Shanghai Stock Exchange Science and Technology Innovation Board 100 Enhanced Strategy ETF, with a return of 2.95% [1] - The highest performing industry index ETF was the China Tai Investment Coal ETF, achieving a return of 3.8% [1] - The top three ETFs by return were: - GF Securities CSI Semiconductor Materials and Equipment Theme ETF (7.82%) [4] - Penghua SSE Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme ETF (7.67%) [4] - E Fund CSI Semiconductor Materials and Equipment Theme ETF (7.61%) [4] ETF Fund Flows - The top three ETFs with the highest inflows were: - Southern CSI Shenwan Nonferrous Metals ETF (inflow of 674 million yuan) [6] - Huaxia CSI Subdivided Nonferrous Metals Industry Theme ETF (inflow of 663 million yuan) [6] - Guotai CSI All-Index Securities Company ETF (inflow of 662 million yuan) [6] - The top three ETFs with the highest outflows were: - Huaxia SSE Sci-Tech Innovation Board 50 Component ETF (outflow of 1.03 billion yuan) [8] - Jiashi SSE Sci-Tech Innovation Board Chip ETF (outflow of 977 million yuan) [8] - Southern CSI 1000 ETF (outflow of 974 million yuan) [8] Financing Activity - The top three ETFs with the highest financing buy amounts were: - Huaxia SSE Sci-Tech Innovation Board 50 Component ETF (620 million yuan) [9] - Guotai CSI All-Index Securities Company ETF (563 million yuan) [9] - Southern CSI 500 ETF (423 million yuan) [9] - The top three ETFs with the highest financing sell amounts were: - Southern CSI 1000 ETF (46.87 million yuan) [10] - Southern CSI 500 ETF (29.76 million yuan) [10] - Huatai-PineBridge CSI 300 ETF (22.80 million yuan) [10] Industry Outlook - Zheshang Securities projects a high level of prosperity in the semiconductor equipment industry by 2026, driven by strong capacity utilization and expansion willingness among domestic wafer fabs [11] - Guoxin Securities notes that AI-driven demand is causing price increases in upstream electronic components, with a significant supply-demand imbalance in storage and high-end PCB industries [11]

Group 1 - The core point of the news is that Aolian Electronics has seen a stock price increase of 5.04%, reaching 19.38 yuan per share, with a total market capitalization of 3.316 billion yuan [1] - Aolian Electronics, established on June 21, 2001, specializes in the research, production, and sales of automotive electronic and electrical components, with main revenue sources being electronic throttle assemblies (37.46%), interior rearview mirror assemblies (33.09%), and gear shift controllers (29.17%) [1] - The trading volume for Aolian Electronics was 1.45 million yuan, with a turnover rate of 4.48% [1] Group 2 - Huatai-PB Fund has a significant holding in Aolian Electronics, with the Huatai-PB Quantitative Alpha A fund (005055) holding 81,900 shares, representing 0.53% of the fund's net value, making it the second-largest holding [2] - The Huatai-PB Quantitative Alpha A fund has a total size of 203 million yuan, with a year-to-date return of 0.9% and a one-year return of 31.43% [2] - The fund manager, Sheng Hao, has a tenure of 10 years and 91 days, with the best fund return during this period being 131.21% [3]

长期维度下，平安基金近十年、近七年权益基金收益率在全市场分别排前1/3、前7名。持续稳健向好的 业绩，可视为其平台化建设多年来的成效体现，也更深层次地折射出平安基金在"坚持做长期正确的 事"这一文化内核引领下，公司战略定力所转化出的可持续投研优势。 破局之道：从个体依赖到平台制胜 投资之路，道阻且长。在业内看来，投资始终伴随着三大核心挑战：市场不确定带来的不可归因、业绩 的不可持续、投资方法的不可复制。这也导致一个行业常见现象：去年的业绩冠军，今年收益或不尽人 意。业绩的难以持续，成为困扰基金行业的难题。 十五年，恰似一场考验定力与远见的"价值长跑"。在此过程中，如何实现穿越周期的长期稳健回报，始 终是所有资管机构面对的核心命题。 2026年1月7日，平安基金迎来成立十五周年的里程碑。站在这个时点回望，平安基金投研团队给出了自 己的答案：面对市场波动，真正的"破局"之道，在于超越对短期机遇、个人主义的依赖，通过构建专业 化的投研平台，追求长期稳健的回报。 经过多年的探索与实践，平安基金通过"一二三四"平台的逐步搭建，将"平台化"的战略目标分解为可执 行的行动方案。从一个理念（坚持做长期正确的事）、两大驱动（人 ...

华金证券指出，当前来看，今年元旦后A股春季行情进行中，可能震荡偏强。（1）节后短期积极的政 策可能持续落地实施，外部风险可能有限。一是节后短期积极的政策可能进一步出台落实：首先，2026 年设备更新和以旧换新政策实施细则落地；其次，年初地方两会可能密集召开；最后，年初各地刺激消 费的政策可能进一步出台和落实。二是节后短期外部风险可能有限：首先，1月美联储大概率降息；其 次，地缘冲突可能缓和。（2）节后短期流动性可能进一步宽松。一是节后宏观流动性可能进一步宽 松：首先，1月美联储降息是大概率；其次，元旦后国内央行可能进一步降息降准。二是节后短期股市 资金可能加速流入。（3）元旦假期期间港股表现偏强，可能对节后A股表现有一定提振作用。（4）节 后短期经济和盈利仍在弱修复。 相关产品： A500ETF易方达：159361 截至2026年1月8日 10:45，A500ETF易方达(159361)盘中换手9.13%，成交32.14亿元。拉长时间看，截 至1月7日，A500ETF易方达(159361)近21个交易日合计"吸金"98.25亿元。 A500ETF易方达(159361)紧密跟踪中证A500指数，中证A500指数 ...

Group 1 - Huyuan Holdings experienced a stock price increase of 5.69%, reaching 13.18 CNY per share, with a trading volume of 171 million CNY and a turnover rate of 5.32%, resulting in a total market capitalization of 4.418 billion CNY [1] - The company, Suzhou Huyuan Holdings Co., Ltd., was established on June 23, 1998, and went public on December 31, 2015. Its main business involves the production and sales of metal packaging products, including plastic packaging [1] - The revenue composition of Huyuan Holdings is as follows: chemical cans 55.93%, food packaging 18.27%, injection molded products 15.43%, blow molded products 8.58%, and others 1.79% [1] Group 2 - Among the top ten circulating shareholders of Huyuan Holdings, a fund under Nuoan Fund ranks as a new entrant, holding 1.9066 million shares, which accounts for 0.76% of the circulating shares. The estimated floating profit for today is approximately 1.3537 million CNY [2] - The Nuoan Multi-Strategy Mixed A Fund (320016) was established on August 9, 2011, with a latest scale of 1.855 billion CNY. Year-to-date, it has achieved a return of 1.09%, ranking 7080 out of 8825 in its category; over the past year, it has returned 77.35%, ranking 530 out of 8084; and since inception, it has returned 233.6% [2] Group 3 - The fund manager of Nuoan Multi-Strategy Mixed A is Kong Xianzheng, who has been in the position for 5 years and 44 days. The total asset scale of the fund is 5.608 billion CNY, with the best fund return during his tenure being 86.44% and the worst being -16.74% [3]

天眼查App显示，近日，南宁聚链二号铝产业发展基金合伙企业(有限合伙)成立，执行事务合伙人为南 宁产投合创私募基金管理有限责任公司，出资额2.3亿人民币，经营范围为创业投资，以自有资金从事 投资活动，以私募基金从事股权投资、投资管理、资产管理等活动。合伙人信息显示，该基金由广西铝 基产业投资基金合伙企业(有限合伙)、南南铝业股份有限公司、南宁产投合创私募基金管理有限责任公 司共同出资。 ...

Group 1 - The core viewpoint of the articles highlights the optimistic outlook for the Chinese capital market in 2026, driven by supportive fiscal and monetary policies, as well as the rise of technology sectors [1][2][3] - The 2026 investment strategy conference by浦银安盛基金 focuses on equity investment and diversified asset allocation, featuring insights from industry experts [1] - The central economic work conference indicates a continuation of proactive fiscal and monetary policies, which are expected to maintain a low-interest-rate environment, enhancing the attractiveness of equity assets [2][3] Group 2 - The technology sector is identified as a key driver of market performance, with significant growth expected in AI and innovative pharmaceuticals, supported by strong policy backing and technological advancements [4][5] - The capital market's institutional development since 2025 has strengthened market stability, facilitating increased participation from long-term capital [3] - The diversified asset allocation strategy is emphasized, with a focus on utilizing FOF strategies and index investment tools to navigate the complexities of the current market environment [6] Group 3 - The articles suggest that the equity market will continue to see upward momentum, particularly in technology and innovative drug sectors, while also highlighting opportunities in cyclical sectors and consumer markets [5][6] - The outlook for the bond market indicates a potential decline in interest rates, which may lead to a more favorable environment for risk assets [6] -浦银安盛基金 aims to enhance its multi-asset management capabilities, focusing on economic transformation and structural opportunities in the market [7]

1月8日，南方基金发布公告，宣布变更旗下24只ETF场内扩位简称，相关调整将于1月9日生效。此次调 整是南方基金对沪深交易所此前发布的ETF命名新规的积极响应，将进一步推动ETF产品信息的标准 化、规范化，提升指数基金的辨识度。 基金频道更多独家策划、专家专栏，免费查阅>> 根据新规要求，ETF基金扩位简称需按照"投资标的核心要素+ETF"的结构命名，且必须包含基金管理人 简称。此次更名是南方基金第二次对ETF简称进行规范性调整，早在2025年3月3日，南方基金便对旗下 11只ETF实施过批量更名，初步实现产品标识的清晰化与品牌统一，而本次调整则在原有基础上进一步 深化。 责任编辑：栎树 本次简称变更的核心变化主要体现在两个层面：一方面，统一强化管理人标识。批量在扩位简称末尾加 入"南方"二字，显著增强了南方基金产品的整体辨识度，便于投资者快速识别产品归属，巩固品牌认 知；另一方面，精准揭示投资内核。新简称直接对应基金所跟踪的核心指数或主题，从根本上解决旧简 称可能存在的模糊性问题。例如，原"H股ETF"更名为"恒生中国企业ETF南方"，原"双创ETF"更名 为"科创创业50ETF南方"。简称与实际投资方向实 ...

拉长时间看，该基金近5个交易日有3天资金净流入，合计吸金2.25亿元，居可比基金前三。 资金流入也助力了份额的提升，该基金最新份额较前一日增加6500.00万份，突破9.20亿份。与此同时， 该基金最新规模突破18.00亿元，创历史新高。 2026年1月7日，半导体设备ETF 广发(560780.SH)收涨7.82%，成交2.10亿元。净流入1.30亿元（净申购 份额*单位净值），居全市场第一梯队。 半导体设备ETF 广发(560780.SH)，场外联接(A：020639；C：020640)。 ...