1月30日，巴中市正式印发《2026年巴中市重点项目建设计划》，聚焦全国革命老区振兴发展示范市建 设目标，敲定247个重点建设项目，年度预计投资461.38亿元，涵盖产业发展、基础设施、民生及社会 事业、生态环保四大核心领域，以项目硬支撑激活区域发展新动能。 2026年巴中重点项目建设呈现"量质齐升"态势，项目个数、总投资、年度计划投资较2025年分别增加49 个、441.25亿元、40.71亿元。在212个新开工及续建项目中，10亿元以上重大项目达38个，占比 17.92%，镇广高速公路川陕界至王坪段、诺水河至光雾山公路(米仓大道)、平昌县页岩油勘探开发等重 大项目将持续发挥硬核支撑作用。 从投资结构来看，产业发展项目表现突出，个数与年度计划投资占比分别达49.39%、50.89%，位居各 类别项目首位，标志着巴中投资结构优化升级步伐加快，特色产业引领发展的态势愈发鲜明。项目建设 将保持滚动接续态势，今年将新开工南江至三台(中江)高速公路、全液冷光储充换检一体化超充站等 124个项目，推进镇广高速通江至广安段、通江县青峪口水库等88个续建项目，同时加快通江县通用机 场、平昌至仪陇高速公路等35个前期项目。 ...

Market Overview - The A-share market opened with mixed performance among the three major indices, followed by a downward trend with all indices falling over 1% [1] - As of the midday close, the Shanghai Composite Index decreased by 1.32%, the Shenzhen Component Index fell by 1.41%, and the ChiNext Index dropped by 1.18% [1][2] - The total trading volume for the half-day reached 1.66 trillion yuan, with nearly 3,500 stocks declining [1] Index Performance - Shanghai Composite Index: 4063.54, down 54.41 points (-1.32%) [2] - Shenzhen Component Index: 14006.25, down 199.65 points (-1.41%) [2] - ChiNext Index: 3306.94, down 39.41 points (-1.18%) [2] - CSI 300 Index: 4656.16, down 50.18 points (-1.07%) [2] - CSI 500 Index: 8179.80, down 190.72 points (-2.28%) [2] - CSI 1000 Index: 8105.79, down 149.07 points (-1.81%) [2] Sector Performance - The liquor sector showed strong performance with multiple stocks rising significantly [3] - The commercial aerospace sector was also active, with several stocks experiencing substantial gains [3] - Other sectors that performed well included optical communication, CPO concepts, and superhard materials [3] - Conversely, the three major telecom operators collectively weakened, and the chip industry chain continued to decline, particularly in the storage sector [3] - Other sectors with notable declines included non-ferrous metals, oil and gas, agriculture, and semiconductors [3]

此外，油气板块也出现跌停潮，中曼石油（603619）、准油股份（002207）、石化油服（600871）等多 股跌停。嘉实原油LOF、石油基金LOF、石油LOF、原油LOF易方达、中信保诚商品LOF、南方原油 LOF、大宗商品LOF、资源LOF、国投资源LOF等此前高溢价的场内资源品主题基金也集体跌停。 消息面上，国际油价持续下挫，美油、布油双双跌破5%，分别报61美元/桶和65美元/桶。据新华社报 道，美国总统特朗普1日对媒体表示，希望伊朗能与美国达成核协议，否则世界"很快就会看到"伊朗最 高领袖哈梅内伊的警告是否正确。 当天农业板块也跌幅居前，大北农（002385）、厦门象屿（600057）跌停，智慧农业、史丹利 （002588）等多股跟跌。 消息面上，2日下午，现货黄金一度失守4500美元/盎司，为1月9日以来首次，截至发稿跌至4528美元/ 盎司附近。现货白银也一度跌破72美元/盎司，日内跌超12%，现报72美元/盎司。贵金属市场的抛售情 绪显著扩散至其他品种。国内期货市场普跌，有超过10个期货品种主力合约封住或触及跌停，涉及黄 金、白银、铂、钯、铜、铝、镍、原油、碳酸锂等。 新湖期货认为，长期来看， ...

Core Viewpoint - The report from Zhongtai Securities indicates a cautiously optimistic outlook for February, emphasizing sector rotation and structural differentiation in investment strategies [1] Group 1: Consumer Sector - The consumer sector, particularly offline consumption areas such as liquor, travel, and duty-free, is expected to experience a phase of valuation recovery due to policy support, seasonal catalysts, and sufficient adjustments [1] - Light industry and textile sectors with export logic are also highlighted as potential investment opportunities [1] - Agriculture, as a key driver of the Consumer Price Index (CPI), is identified as a focus area for investment [1] Group 2: Industrial Sector - The "anti-involution" theme is transitioning from policy advocacy to supply-demand improvement and price validation, making industries like chemicals and machinery worth monitoring for structural optimization [1] Group 3: Technology Sector - The technology sector is recognized as a core component of the "14th Five-Year Plan" for new productive forces, with a focus on artificial intelligence applications, robotics, and semiconductors [1] - Investment should concentrate on high-quality targets that demonstrate strong industrial trends and substantial performance support amid market fluctuations [1]

近一年全国油菜籽（普通）集贸市场价格统计图 数据来源：国家统计局 相关报告：智研咨询发布的《2026-2032年中国油菜籽行业市场行情动态及投资前景研判报告》 2025年12月，全国油菜籽（普通）集贸市场价格当期值为6.39元/公斤，比2025年11月上涨0.02元/公 斤，环比增长0.2%，降幅减少0.1个百分点，同比增长3.3%，增幅增加0.8个百分点。 ...

Market Performance - The Shanghai Composite Index fell by 1.32%, while the ChiNext Index decreased by 1.18% [1] - Significant declines were observed in gold and base metals, with oil, gas, coal, chemicals, and steel sectors also experiencing notable drops [1] - Agriculture, semiconductors, and real estate sectors showed considerable declines [1] Sector Highlights - The ultra-high voltage concept stocks rose against the trend, with active movements in the liquor, cultivated diamond, and AI application sectors [1] - In the ETF market, the New Economy ETF from Yinhua and the Education ETF from Bosera increased by 4.73% and 4% respectively [1] - The electric grid equipment sector saw strong gains, with ETFs from Huaxia, Guangfa, and Guotai rising by 2.72%, 2.28%, and 2.23% respectively [1] - The food and beverage sector also performed well, with the liquor ETF from Penghua and the food and beverage ETF from Huabao increasing by 1.85% and 1.55% respectively [1] - The photovoltaic sector was active, with the photovoltaic ETF from Yifangda rising by 1.15% [1] Declines in Specific Sectors - The metals sector faced a wave of limit-downs, with gold stock ETFs such as ICBC, gold stocks ETF, and gold stock ETF hitting the limit down [1] - The semiconductor sector experienced a downturn, with the China-Korea semiconductor ETF dropping by 7% [1]

增长并非简单的规模扩张，而是质效并重的结构性跃升：工业战略性新兴产业占规上工业总产值比重已 达45%，较2024年提升1.4个百分点，标志着上海工业经济已从"规模主导"转向"创新主导"。 产业质变的深层逻辑，是上海对"硬科技"赛道的长期坚守与制度创新。三大先导产业的爆发式增长，源 于"十五五"规划建议中对集成电路全产业链突破、人工智能全栈创新的系统布局，更得益于"产学研 用"协同机制的持续优化。 新质生产力的生命力，在于与城市发展全局的深度融合，既筑牢产业根基，又激活民生温度。 上周，2025年上海经济运行数据重磅发布：全市地区生产总值突破5.67万亿元，同比增长5.4%，第三产 业增加值增长6.0%，工业战略性新兴产业产值增长6.5%，三大先导产业制造业产值更是以9.6%的增速 领跑。 这组亮眼数据的背后，是新质生产力作为核心引擎的强劲驱动——从集成电路、人工智能的技术突破到 长三角协同创新的范式升级，从数字基建的广泛铺展到民生场景的深度赋能，上海正以新质生产力重塑 城市发展肌理，书写中国式现代化龙头城市的高质量答卷。 科技创新是发展新质生产力的核心要素，是产业质变的源动力，这在上海2025年的经济数据中得 ...

Market Overview - On February 2, 2026, both stock indices closed lower with a trading volume of 2.86 trillion, a decrease of approximately 400 billion from the previous trading day[1] - The coal, communication, and agriculture sectors saw minor gains, while non-ferrous metals, food and beverage, real estate, computer, and military industries experienced significant declines[1] - The market showed a wide fluctuation with a V-shaped intraday trend, influenced by the overnight volatility in non-ferrous metals, leading to a significant drop in the non-ferrous sector[1] Industry Trends - The technology and non-ferrous sectors are currently in a consolidation phase, resulting in a lack of a leading sector to drive the market[1] - The communication sector, despite maintaining an upward technical pattern, faces skepticism regarding the sustainability of its rebound due to previous substantial gains and lack of valuation advantages[1] Investment Insights - The market is expected to enter a weak consolidation phase, suggesting a need for cautious positioning in portfolios[1] - Precious metals and non-ferrous metals are in a high-level fluctuation phase, making it unsuitable for aggressive buying; however, potential investment opportunities may arise if there is a stabilization after a pullback[1] Fund Flow - On January 30, 2026, the Shanghai Composite Index saw a net outflow of 34.314 billion, while the Shenzhen Composite Index had a net outflow of 1.775 billion[4] - The top three sectors for capital inflow were communication equipment, semiconductors, and agriculture, while industrial metals, minor metals, and software development saw the highest outflows[4] Economic Indicators - The Ministry of Industry and Information Technology reported that the electronic information manufacturing industry is expected to achieve a revenue of 17.4 trillion yuan in 2025, with a year-on-year growth of 7.4%[5] - The profit margin for the electronic information manufacturing sector is projected to be 4.3%, an increase of 0.2 percentage points compared to the previous year[5]

Market Overview - The market is currently in a sideways trend, with the pre-holiday low likely established, indicating no need for panic[3] - Global financial markets remain volatile, with an upward trend in risk assessment, while China's risk evaluation remains stable[3] Industry Focus - Investment opportunities are shifting towards mid-cap blue-chip stocks, particularly in the chemical and agricultural sectors[4] - Previous recommendations in the cyclical sectors of chemicals and non-ferrous metals have met expectations, with a focus now on agriculture and chemicals[4] Thematic Investment - Agricultural price increases are anticipated, with the agricultural policy document expected to be released in February, potentially driving prices upward[5] - Key agricultural products like live pigs and rubber are at the beginning of a price uptrend due to supply adjustments, while major commodities like sugar and corn are in a tight supply-demand balance[5] Technology and Aerospace - Continued focus on AI technologies and applications, with significant market interest expected as major internet companies ramp up marketing efforts ahead of the Spring Festival[5] - The aerospace sector is experiencing a decline in market attention, but potential for a rebound exists due to ongoing developments from companies like SpaceX and NASA[6] Risk Factors - Market performance may fall short of expectations due to various economic and geopolitical risks[7] - Insufficient pricing of geopolitical risks could lead to sudden market shocks[7] - Potential underperformance in industry developments due to technological iterations and commercialization challenges[7]

期 货 眼 ·日 迹 每日早盘观察 银河期货研究所 2026 年 2 月 2 日 0 / 50 研究所 期货眼·日迹 | 金银：沃什被提名为联储新主席 引发金银市场风险释放 17 | | --- | | 铂钯：巨幅回撤后多空争夺剧烈 高波动行情谨慎参与 18 | | 铜：沃什提名美联储主席，铜价快速回撤 19 | | 氧化铝：震荡为主 20 | | 电解铝：警惕资金离场风险 20 | | 铸造铝合金：市场流动性收紧 铝合金随板块回调 21 | | 锌：关注市场情绪变化 22 | | 股指期货：波动不改上行趋势 4 | | --- | | 国债期货：官方 PMI 不及预期 5 | | 蛋白粕：供应总体宽松 | 盘面仍有压力 6 | | --- | --- | | 白糖：国际糖价大跌 | 预计国内价格偏弱 6 | | 油脂板块：油脂维持宽度震荡 7 | | | 玉米/玉米淀粉：北港现货回落，盘面偏弱震荡 8 | | | 生猪：供应压力好转 | 现货整体上涨 9 | | 花生：花生现货稳定，花生盘面底部震荡 10 | | | 鸡蛋：临近节前备货，蛋价有所上涨 10 | | | 苹果：节前走货尚可，苹果价格坚挺 11 ...