Market Overview - On January 12, the North Exchange A-shares trading volume reached 43.52 billion yuan, an increase of 13.69 billion yuan from the previous trading day[1] - The North Exchange 50 Index closed at 1605.77, up 5.35%, with a PE_TTM of 67.48 times[1] - The North Exchange Specialized and Innovative Index closed at 2782.05, rising by 6.92%[1] Stock Performance - Out of 287 companies on the North Exchange, 272 rose, 0 remained flat, and 15 declined[1] - The top five gainers were: - Zhongcheng Technology (30.0%) - Tianrun Technology (30.0%) - Xingtum Control (30.0%) - Tonghui Information (30.0%) - Liujin Technology (29.9%)[1] - The top five decliners were: - Hongxi Technology (-6.2%) - Henghe Co., Ltd. (-3.0%) - Hengdong Light (-2.5%) - Haixi Communication (-2.3%) - Jiahua Technology (-2.2%)[1] Investment Insights - The overall trading activity on the North Exchange was robust, benefiting from the overall heat in the A-share market, which saw a record trading volume of 3.64 trillion yuan[3] - The technology growth sector, including AI applications, commercial aerospace, and controlled nuclear fusion, experienced significant gains, driving related companies on the North Exchange[3] - The North Exchange's focus on innovative small and medium enterprises aligns well with current policy support for "new quality productivity," suggesting continued benefits from the deepening technology growth trend[3] Risks - Potential risks include policy regulatory risks, unexpected policy changes for the North Exchange, and intensified industry competition[4]

（原标题：主力资金丨主力逆市抢筹股出炉！2只热门股净流入均超17亿元） 仅3个行业获主力资金净流入。 据证券时报·数据宝统计，今日（1月13日）沪深两市主力资金净流出1286.54亿元，其中创业板净流出557.08亿元，沪深300成份股净流出255.22亿 元。 行业板块方面，6个申万一级行业上涨，石油石化和医药生物行业均涨超1%，有色金属、传媒、银行和综合行业小幅上涨。25个下跌行业中，国 防军工行业跌超5%，居首；电子行业跌3.3%，通信行业跌2.88%，计算机、建筑材料、房地产、钢铁和商贸零售等均跌超1%。 从资金流向来看，申万一级行业中，仅医药生物、美容护理和石油石化行业获主力资金净流入，分别为39.91亿元、1.15亿元、8247万元。 28个主力资金净流出的行业中，计算机和电子行业净流出金额居前，均超220亿元；国防军工、电力设备、通信、机械设备和传媒行业净流出金额 均超100亿元，汽车、有色金属、基础化工和非银金融行业净流出金额均在20亿元以上。 主力资金逆市抢筹2股均超17亿元 从个股来看，92股主力资金净流入均超1亿元，其中17股净流入均超3亿元。 银河证券研报认为，北美AIDC变压器供不应 ...

Market Overview - On January 13, the three major indices collectively adjusted, with the Shenzhen Component Index falling over 1% and the ChiNext Index dropping nearly 2% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 3.65 trillion, an increase of 49.6 billion compared to the previous trading day, setting a new historical high [1] - The Shanghai Composite Index closed down 0.64% at 4138.76 points, the Shenzhen Component Index fell 1.37% to 14169.40 points, and the ChiNext Index decreased by 1.96% to 3321.89 points [1] Sector Performance - The AI application concept rose against the trend, with over ten constituent stocks hitting the daily limit, including Ingrity Media, Liou Co., and Shengguang Group [1] - The AI medical concept was active, with Meian Health achieving three consecutive limit-ups, and several other stocks like Hongbo Pharmaceutical and Xin Ganjiang also hitting the limit [1] - The electric grid equipment sector strengthened in the afternoon, with stocks like Tebian Electric and Sanbian Technology reaching the daily limit [1] - The retail sector showed active performance, with Sanjiang Shopping achieving two consecutive limit-ups [1] - Conversely, the commercial aerospace and controllable nuclear fusion sectors saw significant declines, with stocks like Shunhao Co. and China Satellite Communication hitting the daily limit down [1] Limit-Up and Limit-Down Stocks - A total of 66 stocks hit the daily limit (excluding ST and delisted stocks), with 29 stocks achieving consecutive limit-ups [1] - Notable stocks include Fenglong Co. with 13 consecutive limit-ups and Youbang Ceiling with 7 limit-ups over 9 days [1] Key Stocks - In the AI medical sector, Meian Health reached its limit at 9:25 AM, achieving three limit-ups [8] - In the AI application sector, stocks like Zhizhen Technology and Sanjiang Shopping also performed well, with multiple limit-ups recorded [9] - In the commercial aerospace sector, Luxin Investment achieved 11 limit-ups over 13 days [9] Related Hotspots - AI Medical: Tsinghua University released a new AI-driven high-throughput drug virtual screening platform, DrugCLIP, achieving a million-fold improvement over traditional methods [11] - Lithium Market: The main contract for lithium carbonate futures on the Shanghai Futures Exchange briefly surpassed 170,000 yuan per ton, marking a 180% increase from the low point in June 2025 [11]

北交所日报 北交所日报（2026.01.13） 2026 年 01 月 13 日 核心观点 分析师 相对沪深 300 表现图 2026-01-13 资料来源：iFinD，中国银河证券研究院 相关研究 1. 【银河北交所】2026 年度策略_ 小而美"到"小 美久到，推动北证高质量发展 2. 【银河北交所】小十五五到：北交所引领中而企业 再进阶 范想想 ：010-8092-7663 ：fanxiangxiang_yj @chinastock.com.cn 分析师登记编码：S0130518090002 张智浩 ：zhangzhihao_yj@chinastock.com.cn 分析师登记编码：S0130524100001 3. 【银河北交所】2025 年度中期策略_并购协同促 新格局，提质扩容迎新供给 www.chinastock.com.cn 证券研究报告 请务必阅读正文最后的中国银河证券股份有限公司免责声明 1 资料来源：中国银河证券研究院 ⚫ 1 月 13 日，北证 50 涨跌幅为-2.50%，收于 1,565.58 点。北证 50 指数 开盘点位为 1,613.03 点，最高点位达 1,614.08 点， ...

Core Insights - The report highlights the emergence of new investment themes, including AIGC index, photolithography, phosphor chemical industry, vehicle networking, and brain-computer interfaces, indicating a right-side breakout in these sectors [3][4] - It identifies trends in sectors such as intelligent AI, mobile payments, aluminum, and low-altitude economy, suggesting a right-side trend formation [3][4] - The report also notes stabilization at the bottom for industries like pig farming, insurance capital stakes, yellow wine, and innovative pharmaceuticals, indicating potential recovery [3][4] - Additionally, it points out bottom reversal opportunities in sectors like innovative pharmaceuticals, methanol, and industrial software, suggesting a shift in market dynamics [3][4] Right-Side Breakout Opportunities - New indices showing right-side breakout include cloud office index, big data index, and photolithography index, with respective 5-day gains of 8%, 10%, and 12% [8] - The phosphor chemical index has shown a 4% increase over 5 days, indicating a potential investment opportunity [8] - Other indices such as vehicle networking and brain-computer interface also show promising short-term performance [8] Right-Side Trend Opportunities - The report lists indices like intelligent AI and mobile payment with 5-day gains of 11% and 5% respectively, indicating a positive trend [10] - The aluminum industry index has shown a 15% increase over 20 days, suggesting strong momentum [10] - The low-altitude economy index has also demonstrated a 22% increase over 20 days, highlighting its growth potential [10] Bottom Stabilization Opportunities - The pig farming index has stabilized with a 1% gain over 5 days, indicating potential for recovery [14] - The insurance capital stake index has shown a similar trend with a 1% increase, suggesting investor confidence [14] - Other sectors like yellow wine and innovative pharmaceuticals also show signs of stabilization, with respective gains of 1% and 12% [14] Bottom Reversal Opportunities - The methanol index has shown a 6% increase over 5 days, indicating a potential reversal in market sentiment [18] - The industrial software index has demonstrated a 13% gain, suggesting a strong recovery signal [18] - The innovative pharmaceuticals index has also shown a 12% increase, indicating a positive shift in market dynamics [18]

格隆汇1月13日｜吉视传媒发布异动公告，公司股票于2026年1月9日至1月13日连续三个交易日收盘价格 涨幅偏离值累计达到20%，构成《上海证券交易所交易规则》规定的股票交易异常波动情况。经公司自 查并向控股股东核实，截至本公告披露日，公司及控股股东不存在应披露而未披露的重大事项。公司目 前生产经营活动一切正常，市场环境、行业政策没有发生重大调整、生产成本和销售等情况没有出现大 幅波动、内部生产经营秩序正常。公司不存在应披露而未披露的重大信息。 ...

高换手率个股中，公布2025年全年业绩预告的共有5只。业绩预告类型来看，预增有5只。以净利润增幅 中值来看，净利润增幅最高的是川金诺，预计净利润中值为4.55亿元，同比增幅为158.44%；天溯计 量、新广益、纳百川紧随其后，预计净利润增幅中值为10.31%、10.00%、9.72%。（数据宝） 创业板指今日下跌1.96%，报收3321.89点，创业板全日成交额10869.22亿元，比上个交易日减少92.97亿 元。今日可交易创业板股中，402只股收盘上涨，涨幅超过10%的有30只，其中，思创医惠、诺思格、 泓博医药等11股涨停，涨幅在5%至10%之间的有51只，收盘下跌的有972只，跌幅超10%的有29只。 证券时报·数据宝统计显示，换手率方面，创业板今日平均换手率为8.00%，换手率区间分布显示，换手 率超过20%的有119只，换手率10%~20%之间的有231只，换手率5%~10%的有491只，换手率1%~5%的 有532只，换手率不足1%的有20只。 换手率最高的是威士顿，该股今日收盘上涨10.39%，全天换手率53.67%，成交额14.76亿元；其次是天 龙集团，该股今日收盘涨停，全天换手率52.8 ...

两市全天特大单净流出1035.54亿元，其中46股特大单净流入超2亿元，海格通信特大单净流入26.56亿 元，特大单净流入资金居首。 特大单净流入资金排名 所属行业来看，上述特大单净流入资金居前个股中，医药生物、传媒、电力设备行业最为集中，上榜个 股分别有8只、8只、6只。（数据宝） | 代码 | 简称 | 收盘价（元） | 涨跌幅（%） | 特大单净流入（亿元） | 行业 | | --- | --- | --- | --- | --- | --- | | 002465 | 海格通信 | 24.20 | 10.00 | 26.56 | 国防军工 | | 600089 | 特变电工 | 27.37 | 10.01 | 26.06 | 电力设备 | | 300315 | 掌趣科技 | 6.86 | 14.91 | 10.53 | 传媒 | | 600588 | 用友网络 | 17.28 | 7.87 | 9.93 | 计算机 | | 603986 | 兆易创新 | 263.50 | 0.64 | 6.16 | 电子 | | 600170 | 上海建工 | 3.04 | 10.14 | 5.88 | 建筑装饰 | ...

Core Viewpoint - The company, Debang Fund, has announced a significant adjustment to its subscription limits for the Debang Stable Growth Fund due to a substantial influx of funds, reportedly exceeding 12 billion yuan in a single day, to protect the interests of existing investors [1][2]. Fund Subscription Adjustments - Starting January 14, the subscription limits for Class A and Class C shares of the Debang Stable Growth Fund will be reduced from 10 million yuan and 1 million yuan to 100,000 yuan and 10,000 yuan respectively [2][3]. - The company emphasizes that these adjustments are made to prioritize the interests of existing fund holders and to maintain the stable operation of the fund [2][3]. Fund Performance - As of January 12, the Debang Stable Growth Fund has shown a significant increase in its unit net value, with a growth rate of 29.42% in just six trading days since the beginning of the year [4]. - Over the past year, the fund's unit net value has increased by 52.12%, placing it in the top 30% of its peers [4]. - The fund is managed by Lei Tao and Lu Yang and focuses on sectors such as artificial intelligence, with several of its top holdings experiencing substantial price increases [4].

深交所公开信息显示，当日该股因日收盘价涨幅达20.00%、日换手率达52.81%上榜，机构专用席位净 买入1.08亿元，深股通净买入1.82亿元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交11.08亿元，其中，买入成交额为6.61亿 元，卖出成交额为4.47亿元，合计净买入2.14亿元。 具体来看，今日上榜的营业部中，共有4家机构专用席位现身，即买二、买四、买五、卖三、卖五，合 计买入金额2.90亿元，卖出金额1.82亿元，合计净买入1.08亿元，深股通为第一大买入营业部及第二大 卖出营业部，买入金额为2.77亿元，卖出金额为9517.13万元，合计净买入1.82亿元。 资金流向方面，今日该股主力资金净流入1.97亿元，其中，特大单净流入2.57亿元，大单资金净流出 6013.79万元。近5日主力资金净流入9.62亿元。 天龙集团今日涨停，全天换手率52.81%，成交额51.29亿元，振幅5.54%。龙虎榜数据显示，机构净买入 1.08亿元，深股通净买入1.82亿元，营业部席位合计净卖出7492.10万元。 天龙集团1月13日交易公开信息 | 买/卖 | 会员营业部名称 | 买入金额（万元） ...