Market Overview - The three major A-share indices showed mixed results, with the Shanghai Composite Index down 0.37% at 3909.52 points, and the Shenzhen Component Index down 0.39% at 13277.36 points, while the ChiNext Index rose 0.61% to 3209.60 points [2] - The total trading volume in the Shanghai and Shenzhen markets reached 1.904 trillion yuan, a decrease of 132.7 billion yuan from the previous day [2] - Most industry sectors experienced declines, with commercial retail, communication services, and photovoltaic equipment sectors leading the gains, while non-ferrous metals, pharmaceutical commerce, precious metals, steel, energy metals, fertilizer, and coal sectors saw significant declines [2] CPO Concept Stocks - The CPO concept stocks experienced a significant surge, with a trading volume exceeding 270 billion yuan, and notable stocks like Shenghong Technology rising nearly 11% and Dekeli hitting a 20% limit up [4] [6] AI Chip Sales to China - The U.S. government has allowed Nvidia to sell its H200 AI chips to China, imposing a 25% fee per chip, which is expected to boost domestic capital expenditure in the technology sector [6] - Analysts suggest that advancements in technology will continue to drive capital spending, particularly in server chains, AIDC chains, and computing service chains, indicating a positive outlook for the industry [6] Precious Metals and Non-Ferrous Metals - The precious metals and non-ferrous metals sectors faced significant pullbacks due to external market influences, with gold stocks and industrial metals showing notable declines [7][10] - Gold prices have been volatile, with recent trends indicating a potential bubble risk as retail investors have driven prices up, deviating from traditional safe-haven behavior [12] Baijiu Industry Dynamics - The high-end liquor brand Wuliangye is set to adjust its pricing strategy, reducing the invoice price from 1019 yuan to 900 yuan per bottle, which is seen as a significant marketing decision [16][17] - The company reported a revenue decline of 10.26% year-on-year for the first three quarters, marking its first revenue drop since 2015, raising concerns about the overall performance of the baijiu sector [17]

2025.12. 09 本文字数：752，阅读时长大约2分钟 作者 | 一财阿驴 12 月 9 日 ， A 股 三 大 指 数 涨 跌 互 现 。 截 至 收 盘 ， 沪 指 跌 0.37% ， 深 成 指 跌 0.39% ， 创 业 板 指 涨 0.61%。 | 代码 | 名称 | 两日图 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 000001 | 上证指数 | Same | 3909.52 c | -14.56 | -0.37% | | 399001 | 深证成指 | 194 | 13277.36 c | -52.63 | -0.39% | | 399006 | 创业板指 | million | 3209.60 c | 19.33 | 0.61% | 盘面上，有色金属板块全线回调，铝业、黄金领跌；地产、钢铁、化工、煤炭、券商跌幅居前。算力 硬件产业链走强，CPO方向反复活跃；福建本地股大涨。 具体来看，商业航天概念继续活跃，陕西华达、航天长峰、龙洲股份等多股涨停。 | 代有马 | 名称 | 福长加盟 | EU. 行 | | --- ...

Core Viewpoint - The company, Chifeng Jilong Gold Mining Co., Ltd., is experiencing fluctuations in stock performance, with a recent decline of 3.03% and a total market capitalization of 56.651 billion yuan. The company is primarily engaged in gold and non-ferrous metal mining and has significant overseas revenue contributions due to the depreciation of the RMB [1][4]. Company Overview - Chifeng Jilong Gold Mining Co., Ltd. is located in Inner Mongolia and was established on June 22, 1998. It was listed on April 14, 2004. The company's main business includes gold and non-ferrous metal mining, with revenue composition as follows: gold (90.03%), electrolytic copper (3.76%), and other products [8]. - The company operates in the precious metals sector and is categorized under the non-ferrous metals industry, specifically focusing on gold [8]. Financial Performance - For the period from January to September 2025, the company achieved a revenue of 8.644 billion yuan, representing a year-on-year growth of 38.91%. The net profit attributable to the parent company was 2.058 billion yuan, showing an increase of 86.21% compared to the previous year [9]. - The company has distributed a total of 387 million yuan in dividends since its A-share listing, with the same amount distributed over the past three years [10]. Market Activity - The company's stock has seen a net outflow of 30.463 million yuan today, with a market ranking of 5 out of 11 in its industry. This marks a continuous reduction in main capital over the past two days [5][6]. - The average trading cost of the stock is 29.97 yuan, with the current price approaching a support level of 29.01 yuan. A breach of this support could indicate a potential downward trend [7]. Product and Sales Strategy - The company’s main products include gold, electrolytic copper, and other non-ferrous metals. Sales are primarily conducted through prepayment arrangements with long-term cooperative downstream smelting enterprises [2]. - The company’s overseas revenue accounts for 69.11% of total revenue, benefiting from the depreciation of the RMB [4]. Mining Operations - The company’s subsidiary in Laos, Vientiane Mining, is primarily engaged in copper mining and smelting [3]. Additionally, the company is collaborating with Xiamen Tungsten Co., Ltd. to develop rare earth resources in Laos, with significant estimated reserves [4].

记者丨黎雨桐 编辑丨金珊 12月9日，沪指、深成指震荡回落，创业板指冲高回落尾盘拉升。截至收盘，沪指跌0.37%，深成指跌0.39%，创业板指涨0.61%。沪深两市成 交额1.92万亿，较上一个交易日缩量1339亿。全市场超4000只个股下跌。 | 上证指数 | 深证成指 | 北证50 | | --- | --- | --- | | 3909.52 | 13277.36 | 1401.73 | | -14.56 -0.37% -52.63 -0.39% -24.51 -1.72% | | | | 科创20 | 创业板指 | 万得全A | | 1347.11 | 3209.60 | 6280.71 | | -3.69 -0.27% +19.33 +0.61% -34.77 -0.55% | | | | 沪深300 | 中证500 | 中证A500 | | 4598.22 | 7121.33 | 5530.03 | | -23.53 -0.51% -51.04 -0.71% -31.33 -0.56% | | | | 中证1000 | 深证100 | 中证红利 | | 7380.58 | 5854.07 | 54 ...

| ਖਿਨੇ | | 两日图 | 现价 | 流歧大 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 000001 | 上证指数 | | 3909.52 | -14.56 | -0.37% | | 399001 | 深证成指 | | 13277.36 c | -52.63 | -0.39% | | 399006 | 创业板指 | min | 3209.60 c | 19.33 | 0.61% | 盘面上，有色金属板块全线回调，铝业、黄金领跌；地产、钢铁、化工、煤炭、券商跌幅居前。算力硬 件产业链走强，CPO方向反复活跃；福建本地股大涨。 具体来看，商业航天概念继续活跃，陕西华达、航天长峰、龙洲股份等多股涨停。 12月9日，A股三大指数涨跌互现。截至收盘，沪指跌0.37%，深成指跌0.39%，创业板指涨0.61%。 【资金流向】 主力资金全天净流入电子、船舶制造、医疗服务等板块，净流出有色金属、房地产、证券等板块。 具体到个股来看，胜宏科技、工业富联、雷科防务获净流入14.18亿元、9.93亿元、8.06亿元。 净流出方面，航天发展、贵州茅台、兴业证券遭抛售14.4 ...

（文章来源：每日经济新闻） 每经AI快讯，12月9日，A股贵金属板块持续走弱，中金黄金跌超5%，赤峰黄金、湖南白银、山东黄金 跟跌。 ...

A股贵金属板块持续走弱，中金黄金跌超5%，赤峰黄金、湖南白银、山东黄金跟跌。 ...

Core Viewpoint - Recent data has increased the probability of the Federal Reserve further lowering interest rates in December, providing support for precious metal prices [2][3] Precious Metals - Gold price reached $4243.00 per ounce, up $51.95 from November 28, with a growth rate of 1.24% [2] - Silver price was $58.11 per ounce, increasing by $4.20 from November 28, reflecting a growth rate of 7.78% [2] - The core PCE price index for September showed a year-on-year increase of 2.8%, down from 2.9% previously, aligning with expectations [2] - The probability of a 25 basis point rate cut by the Federal Reserve in December has risen to 86.2% according to the CME Fedwatch tool [2] Copper and Aluminum - LME copper closed at $11616 per ton, up $631 from November 28, with a growth rate of 5.74% [4] - SHFE copper closed at 92720 yuan per ton, increasing by 5250 yuan from November 28, with a growth rate of 6.00% [4] - LME copper inventory was 162550 tons, up 3125 tons from November 28, but down 107975 tons year-on-year [4] - Domestic aluminum price was 22150 yuan per ton, up 720 yuan from November 28 [5] - LME aluminum inventory was 528300 tons, down 10750 tons from November 28, and down 158825 tons year-on-year [5] Tin - Domestic refined tin price was 314410 yuan per ton, up 14120 yuan from November 28, with a growth rate of 4.70% [7] - LME tin inventory was 3085 tons, down 75 tons from November 28 [7] - Supply disruptions and expectations of interest rate cuts have led to a significant increase in tin prices [7] Antimony - Domestic antimony ingot price remained stable at 171000 yuan per ton, unchanged from November 28 [8] - Both supply and demand are weak, leading to stable prices [8] Industry Ratings and Investment Strategies - Gold industry maintains a "recommended" investment rating due to the Federal Reserve's easing cycle [9] - Copper industry also holds a "recommended" investment rating due to ongoing tightness in copper supply [10] - Aluminum industry is rated "recommended" as supply remains rigid [11] - Tin industry is rated "recommended" with expectations of tight supply supporting prices [12] - Antimony industry is rated "recommended" following a rebound after a six-month price decline [13] Key Stock Recommendations - Gold industry recommends stocks such as Zhongjin Gold, Shandong Gold, Chifeng Jilong Gold, Shandong Gold International, and China National Gold [14] - Copper industry recommends stocks including Zijin Mining, Luoyang Molybdenum, Jincheng Mining, Western Mining, Cangge Mining, and Minmetals Resources [15] - Aluminum industry recommends stocks like Shenhuo Co., Yunnan Aluminum, Tianshan Aluminum, and China Hongqiao [16] - Antimony industry recommends Hunan Gold and Huaxi Nonferrous Metals [17] - Tin industry recommends stocks such as Xiyang Co., Huaxi Nonferrous Metals, and Xingye Silver Tin [17]

Core Viewpoint - The Hong Kong stock market continues to decline in the afternoon session, with the Hang Seng Index down by 1.28% and the Hang Seng Tech Index experiencing a larger drop of 2% [1][5]. Group 1: Market Performance - The Hang Seng Index is currently at 25,436.25, reflecting a decrease of 1.28% [6]. - The Hang Seng Tech Index has dropped to 5,548.96, marking a decline of 2.01% [6]. - The Hang Seng China Enterprises Index is at 8,938.46, down by 1.60% [6]. Group 2: Sector Performance - Gold, semiconductor, and new consumption concept stocks are showing weakness in the market [1][5]. - Zijin Mining and Hua Hong Semiconductor have both fallen by over 5% [1][5]. - Pop Mart and Blokus have also seen declines close to 5% [1][5].

世界黄金协会(WGC)发布的报告预计，2026年黄金价格有望再上涨15%至30%，主要是美债收益率下 行、地缘政治风险高企以及显著增强的避险需求叠加，将为黄金提供极为强劲的顺风。 消息面上，①黄金在亚洲交易时段小幅走高，现货黄金上涨0.05%，投资者等待美联储12月的利率决 定，12月降息25个基点的概率为89.4%。 ②中国央行11月末黄金储备报7412万盎司，环比增加3万盎司，为连续第13个月增持黄金。 格隆汇12月9日｜金ETF(159834)今日小幅震荡，年初至今累计上涨53%。弹性更高的南方中证沪深港黄 金产业股票指数A(021958)年内涨幅高达80.47%（截至12月8日）。 金ETF(159834)最新规模13.38亿元，较年初增幅超160%。该ETF密切跟踪上海黄金交易所黄金现货实盘 合约价格，透明度高而且流动性好，支持T+0日内交易，场外联接基金（A：018391，C：018392)。 ...