Germany on Friday passed a law that will enable Uniper to resume dividend payments, removing one of the main hurdles to Berlin's plan to re-list the utility that was bailed out during Europe's energy crisis. ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 第1笔成交价格为4.00元，成交125.00万股，成交金额500.00万元，溢价率为-10.71%，买方营业部为中 国中金财富证券有限公司深圳爱国路证券营业部，卖方营业部为国元证券股份有限公司深圳深南大道中 国凤凰大厦证券营业部。 12月19日，广安爱众收涨1.13%，收盘价为4.48元，发生2笔大宗交易，合计成交量250万股，成交金额 1000万元。 第2笔成交价格为4.00元，成交125.00万股，成交金额500.00万元，溢价率为-10.71%，买方营业部为中 信证券华南股份有限公司东莞分公司，卖方营业部为国元证券股份有限公司深圳深南大道中国凤凰大厦 证券营业部。 进一步统计，近3个月内该股累计发生4笔大宗交易，合计成交金额为1706.5万元。该股近5个交易日累 计下跌1.97%，主力资金合计净流出2800.23万元。 责任编辑：小浪快报 ...

| 600936 | 广西广电 | 4.30 | 6.76 | 2371.18 | 10196.07 | 传媒 | | --- | --- | --- | --- | --- | --- | --- | | 000566 | 海南海药 | 7.24 | 11.37 | 1408.12 | 10194.79 | 医药生物 | | 000639 | 西王食品 | 3.62 | 9.51 | 2733.39 | 9894.87 | 食品饮料 | | 002264 | 新华都 | 9.32 | 11.85 | 954.13 | 8892.49 | 传媒 | | 000417 | 合百集团 | 8.33 | 12.49 | 1018.83 | 8486.86 | 商贸零售 | | 002105 | 信隆健康 | 7.77 | 11.86 | 1080.45 | 8395.08 | 汽车 | | 002501 | 利源股份 | 2.39 | 5.22 | 3204.88 | 7659.66 | 有色金属 | | 600468 | 百利电气 | 7.14 | 6.14 | 1069.54 | 7636.52 | 电力设备 ...

Core Viewpoint - The Hong Kong stock market is experiencing a volatile upward trend, with the Hong Kong Stock Connect Low Volatility Dividend ETF (159118) rising approximately 0.72% during the session, driven by leading stocks such as Jiangxi Copper, Hang Lung Properties, China Telecom, and Cheung Kong Infrastructure Group [1] Group 1: Market Analysis - The three major indices in the Hong Kong stock market continue to show a volatile trend, with Huatai Securities indicating that the current market has limited downside potential but insufficient upward momentum, reflecting typical bottoming characteristics similar to those seen in November 2024 [1] - Historical experience suggests that after market sentiment reaches a bottom, there is often a rebound opportunity, which warrants early positioning by investors [1] Group 2: Future Outlook - Huatai Securities believes that if a consensus on RMB appreciation is formed, it will lead to changes in capital flow patterns, referencing the performance of European markets this year [1] - The market is overly concerned about the impact of currency appreciation and high export baselines; however, there is a possibility of unexpected resilience in exports in the first half of next year, given the moderate state of Sino-U.S. relations [1] Group 3: ETF Fund Characteristics - The Hong Kong Stock Connect Low Volatility Dividend ETF (159118) closely tracks the S&P Hong Kong Stock Connect Low Volatility Dividend Index (in HKD), favoring a large-cap value style [1] - The top three sectors represented in the ETF are real estate, utilities, and banking, with the top ten constituent stocks covering high-dividend targets across multiple industries [1] - The fund offers low fees (management and custody fees only 0.2%) and high efficiency (T+0 trading), allowing investors to easily access Hong Kong stocks, dividends, and low volatility [1]

Core Viewpoint - The Michigan regulatory agency has unanimously approved DTE Energy Co.'s request to provide power for a large-scale data center project planned by Oracle and OpenAI, despite public opposition [1][2]. Group 1: Project Details - DTE Energy's plan involves a $1.4 billion facility in Saline Township, which will require significant power supply [1]. - Oracle will cover most of the project's costs, including a minimum monthly fee and termination fees, as part of a financing deal worth approximately $14 billion [2]. - The data center is part of OpenAI's broader plan to build 8 gigawatts of capacity in the U.S., contributing to a total investment of over $450 billion in the next three years [2]. Group 2: Regulatory and Public Response - The Michigan Public Service Commission stated that the agreements protect the grid and the public, ensuring net financial benefits for DTE's other customers [1]. - The approval process has been contentious, with concerns raised about the potential for data centers to consume power at the expense of public services during emergencies [2]. - Public opposition was evident during the hearing, highlighting growing hostility towards data centers in certain regions of the U.S. [3].

【资金持续涌入，港股红利低波策略成市场"避风港"】 临近岁末，在全球市场波动与利率前景交织的复杂环境中，具备高股息与低波动双重属性的资产正成为资金追逐 的焦点。近期，港股市场中的红利低波板块表现尤为引人注目，相关ETF持续获得大规模资金净流入，成为暗淡 市场中的一抹亮色。 据最新资金流向数据显示，截至2023年12月18日，港股红利低波ETF（基金代码：520550）已连续21个交易日获 得资金净买入，这一持续的加仓行为在近期港股市场中颇为罕见。在此期间，该ETF累计净流入资金约1.9亿元人 民币。若将时间线拉长至全年，其资金吸引力更为显著，年初以来累计净流入规模已接近10亿元人民币，展现出 长期资金对该策略的坚定看好。 【高股息率成核心吸引力，估值性价比凸显】 资金持续流入的背后，是港股红利板块当前突出的估值吸引力与股息回报。该ETF所跟踪的港股通红利低波指数 最新股息率已攀升至接近7%的水平，这一数字不仅显著高于内地主要股指的股息率，在全球主要市场中也处于 领先位置。在银行存款利率下行、传统理财产品收益承压的背景下，近7%的股息回报为追求稳健收益的投资者 提供了极具竞争力的选择。 分析人士指出，港股高股息 ...

两融数据显示，该股最新（12月18日）两融余额为8.02亿元，其中，融资余额为7.92亿元，近10日减少 8634.17万元，环比下降9.83%。 公司发布的三季报数据显示，前三季度公司共实现营业收入1252.05亿元，同比下降6.47%，实现净利润 67.77亿元，同比下降26.27%，基本每股收益为0.3800元，加权平均净资产收益率11.50%。（数据宝） （文章来源：证券时报网） 国电电力股价再创历史新高，该股近期呈不断突破新高之势，近一个月累计有10个交易日股价刷新历史 纪录。截至09:40，该股目前上涨0.33%，股价报6.01元，成交1867.76万股，成交金额1.12亿元，换手率 0.10%，该股最新A股总市值达1071.92亿元，该股A股流通市值1071.92亿元。 证券时报·数据宝统计显示，国电电力所属的公用事业行业，目前整体涨幅为0.18%，行业内，目前股价 上涨的有91只，涨幅居前的有胜通能源、中泰股份、ST金鸿等，涨幅分别为10.02%、5.34%、5.17%。 股价下跌的有21只，跌幅居前的有梅雁吉祥、美能能源、大连热电等，跌幅分别为1.93%、1.88%、 0.87%。 ...

Core Viewpoint - The Hong Kong stock market is experiencing a mid-term adjustment, with quality assets becoming more attractive due to improved safety margins and sustained net inflows from southbound capital [1] Group 1: Market Performance - The Hong Kong Stock Connect Low Volatility Dividend ETF (159118) has seen a slight increase of approximately 0.3% [1] - After a one-sided rise in September, the market has undergone a period of adjustment since October [1] Group 2: Investment Strategy - Multiple factors are contributing to the opening of a mid-term trading window in the Hong Kong market, including market adjustments enhancing safety margins and improvements in macro fundamentals [1] - Investors are advised to focus on high-quality stocks with strong dividend sustainability and stable earnings, particularly in growth sectors that have been deeply adjusted due to style shifts [1] Group 3: ETF Characteristics - The Hong Kong Stock Connect Low Volatility Dividend ETF (159118) closely tracks the S&P Hong Kong Stock Connect Low Volatility Dividend Index, which has a strong historical performance and leans towards large-cap value style [1] - The top three industries represented in the index are real estate, utilities, and banking, with the top ten constituent stocks covering high-dividend targets across multiple sectors [1] - The ETF offers low fees (management and custody fees only 0.2%) and high efficiency (T+0 trading), facilitating easy access to Hong Kong stocks, dividends, and low volatility [1]

Core Viewpoint - The market is experiencing a mixed performance after stabilizing, with a focus on dividend stocks showing significant gains while technology indices are retreating, indicating a return to defensive strategies as year-end approaches [1] Market Outlook - Concerns over a potential interest rate hike by the Bank of Japan are leading to cautious market sentiment, with expectations of reduced trading activity as year-end approaches. However, the market has the potential for upward movement due to improved supply-demand conditions in the manufacturing sector by mid-2026, which could boost the earnings growth of A-share companies [2] - Key focus areas for December include the impact of the 14th Five-Year Plan on industries, event-driven dynamics in the technology sector, and price recovery driven by anti-involution trends, suggesting multiple sectors may act as catalysts for a sustained upward trend in the market [2] Hot Sectors - In December, sectors benefiting from dividends and price increases are expected to outperform, with short-term attention on banking, public utilities, coal, and non-ferrous metals. Consumer sectors may also gain traction due to event-driven factors [3] - Technology remains a primary focus for 2026, with particular attention on AI, lithium batteries, military industry, and robotics. The trend of AI hardware is solidifying, with increasing token usage indicating a peak in AI applications by 2026 [3] - The domestic production of robots is anticipated to grow, expanding from humanoid robots to quadrupedal and functional robots, creating opportunities in related sectors such as sensors and controllers [3] - The trend towards semiconductor localization continues, with a focus on semiconductor equipment, wafer manufacturing, materials, and IC design [3] - The military sector is expected to see a recovery in orders by 2026, with signs of bottoming out in the performance of various military sub-sectors [3] - The innovative pharmaceutical sector is entering a recovery phase after nearly four years of adjustment, with positive net profit growth expected to continue into 2026 [3]

Core Viewpoints - The current market strategy for investors is to remain calm and patient, avoiding excessive excitement from single-day rebounds or pessimism from adjustments. The focus should be on selecting fundamentally supported stocks for low-cost entry while steering clear of high-valuation stocks lacking earnings support [1][8][9] Market Overview - On Thursday, the three major indices opened lower, with the Shanghai Composite Index fluctuating to positive territory while the Shenzhen Component and ChiNext remained weak. The performance was mixed, with strong gains in the pharmaceutical and aerospace sectors, while growth and technology stocks dragged down overall market performance [4][5][6] - The Shanghai Composite Index closed at 3876.37 points, up 6.09 points, with a trading volume of 7048.96 billion; the Shenzhen Component closed at 13053.97 points, down 170.54 points, with a trading volume of 9505.87 billion; the ChiNext Index closed at 3107.06 points, down 68.85 points, with a trading volume of 4498.55 billion [5] Sector Analysis - The pharmaceutical commercial sector saw significant gains, supported by government funding announcements for medical insurance and healthcare services, totaling 416.6 billion for 2026 [6] - High-dividend stocks, particularly in the banking sector, supported the index. Investors are advised to focus on high-dividend stocks with strong fundamentals while avoiding high valuations in low-supply barrier industries [6][7] - The commercial aerospace sector became active due to recent policy clarifications and the establishment of dedicated regulatory bodies, providing a more stable development environment for the industry. Investors are encouraged to consider low-cost entries rather than chasing high prices [7]