Investment Rating - The report rates the defense and military industry as "Overweight," indicating a positive outlook for the sector compared to the overall market performance [26]. Core Insights - The external geopolitical situation has increased attention on the military industry, which is currently undervalued and under-allocated. The industry is expected to gradually improve due to the ongoing "14th Five-Year Plan" and favorable foreign trade expectations, suggesting a new round of market activity [3][4]. - The "14th Five-Year Plan" aims to achieve high-quality modernization of national defense and military forces, indicating that the military industry is entering a new cycle of quality and quantity improvement [3]. - The report anticipates that the military industry's fundamentals will continue to improve in the first half of 2026, with a recovery in orders and performance expected to return to normal [3]. - The report highlights the IPO of Blue Arrow Aerospace, which is expected to raise 7.5 billion yuan, marking a golden development period for commercial aerospace [3]. - The report emphasizes the importance of domestic demand growth and technological advancements in driving investment opportunities within the military sector [3]. Market Review - Last week, the Shenwan Defense and Military Index rose by 3.05%, while the CSI Military Leaders Index increased by 4.29%. In comparison, the Shanghai Composite Index rose by 0.13%, the CSI 300 fell by 0.59%, and the ChiNext Index dropped by 1.25% [4][11]. - The defense and military sector's 3.05% increase ranked second among 31 Shenwan primary industry sectors [4]. - The top five performing stocks in the defense and military sector last week were: - Leike Defense: +33.09% - China Satellite Communications: +26.21% - China Satellite: +18.69% - Aerospace Development: +17.22% - Aerospace Morning Light: +14.87% [11]. - Conversely, the bottom five performing stocks were: - Tianjian Technology: -18.92% - *ST Aowei: -14.11% - Zhongguang Defense: -8.17% - Jianglong Shipbuilding: -7.10% - *ST Zhisheng: -4.50% [12]. Valuation Changes - The current PE-TTM for the Shenwan military sector is 91.39, placing it in the 73.38% valuation percentile since January 2014, and in the 99.41% percentile since January 2019. The aerospace and aviation equipment sectors are noted to be at relatively high valuation levels since 2020 [12][13].

（原标题：揭秘涨停丨脑机接口热门股封单超22亿元） 截至收盘，上证指数报收4083.67点，上涨1.50%；深证成指收于14022.55点，上涨1.40%。创业板指上 涨0.75%；科创50指数上涨1.84%。 不含未开板新股，今日（1月6日）可交易A股中，上涨个股超4100只，占比超75%，下跌个股有1222 只。其中，收盘封死涨停的有144只，30股封板未遂，整体封板率为82.76%。 据证券时报•数据宝统计，封死涨停个股中，以所属行业来看，涨停个股居前的行业有基础化工、机械 设备、国防军工，分别有18只、17只、15只。 封死涨停股中，*ST阳光、ST中迪等23只股为ST股。从连续涨停天数来看，胜通能源已连收13个涨停 板，连续涨停板数量最多。 以封单金额计算，岩山科技、锋龙股份、创新医疗等涨停板封单资金最多，分别有22.12亿元、13.87亿 元、13.52亿元，其中岩山科技、创新医疗均为脑机接口热门股。从封单力度（封单量占流通A股比例） 来看，农心科技、锋龙股份、创新医疗等力度较大，分别为27.43%、17.97%、12.47%。 声明：数据宝所有资讯内容不构成投资建议，股市有风险，投资需谨慎。 校 ...

截至收盘，上证指数报收4083.67点，上涨1.50%；深证成指收于14022.55点，上涨1.40%。创业板指上 涨0.75%；科创50指数上涨1.84%。 不含未开板新股，今日（1月6日）可交易A股中，上涨个股超4100只，占比超75%，下跌个股有1222 只。其中，收盘封死涨停的有144只，30股封板未遂，整体封板率为82.76%。 | 代码 | 名称 | 涨停封单额 | 涨停板 | 涨停原因 | | --- | --- | --- | --- | --- | | | | (亿元) | 情況 | | | 002195 岩山科技 | | 22.12 | 2连板 | 脑机接口+具身智能+AI应用 | | 002931 | 锋龙股份 | 13.87 | 8连板 | 优必选拟入主+机器人+复牌 | | 002173 | 创新医疗 | 13.52 | 2连板 | 脑机接口+民营医院+高压氧舱 | | 600775 | 南京龍猫 | 7.98 | 2连板 | 脑机接口+卫星通信+智能制造+央企 | | 301293 | 一博脑科 | 7.25 | 2连板 | 脑机接口+神经专科+基金布局 | | 301363 | ...

Core Viewpoint - The A-share market continues to show strong performance, with the Shanghai Composite Index achieving a 13-day winning streak, reaching its highest level since July 2015. However, there was a net outflow of main funds totaling 17.668 billion yuan across the market [2]. Group 1: Industry Performance - All major industry sectors saw gains, with notable increases in insurance, energy metals, chemical fertilizers, securities, and small metals. The beauty and personal care sector was the only one to decline [2]. - Among the 13 industries with net inflows, non-ferrous metals, non-bank financials, automotive, and computer sectors had net inflows of 3.423 billion yuan, 2.185 billion yuan, 1.477 billion yuan, and 1.064 billion yuan respectively. Other sectors like banking, oil and petrochemicals, electronics, and public utilities also saw inflows exceeding 100 million yuan [2]. Group 2: Individual Stock Performance - A total of 54 stocks experienced net inflows exceeding 200 million yuan, with 10 stocks seeing inflows over 600 million yuan. Notably, Dongfang Caifu had a net inflow of 2.658 billion yuan, while Shanzhi Gaoke saw 1.455 billion yuan [3][4]. - The top stocks with significant net inflows included: - Dongfang Caifu: 5.73% increase, 2.658 billion yuan net inflow - Shanzhi Gaoke: 10.12% increase, 1.455 billion yuan net inflow - TCL Technology: 8.35% increase, 1.293 billion yuan net inflow - Tonghuashun: 12.01% increase, 1.003 billion yuan net inflow - Zhinan Zhen: 9.61% increase, 915 million yuan net inflow [4]. Group 3: Net Outflow Analysis - A total of 63 stocks experienced net outflows exceeding 200 million yuan, with notable outflows from Zhongji Xuchuang, Xinyi Sheng, and Tianji Shares, each exceeding 1 billion yuan [5][6]. - The stocks with the highest net outflows included: - Zhongji Xuchuang: -2.93% change, 2.647 billion yuan net outflow - Xinyi Sheng: -2.13% change, 2.277 billion yuan net outflow - Tianji Shares: 0.35% change, 1.281 billion yuan net outflow [6]. Group 4: Tail-End Fund Movement - At the end of the trading day, the main funds saw a net inflow of 1.805 billion yuan, with significant inflows in the computer, non-bank financial, and national defense industries, each exceeding 400 million yuan [7]. - Individual stocks with notable tail-end inflows included: - Dongfang Caifu: 5.73% increase, 508.907 million yuan net inflow - Liou Shares: 6.94% increase, 271.545 million yuan net inflow - Tonghuashun: 12.01% increase, 233.563 million yuan net inflow [8].

本文由 AI算法生成，仅作参考，不涉投资建议，使用风险自担 【1月6日杰富瑞全球学家称部分投资主题未来几天有望受益】杰富瑞全球学家Mohit Kumar在报告中指 出，地缘政治局势难交易，但未来几天部分投资主题或受益。固定收益领域，因财政支出增加，债券收 益率曲线将趋于陡峭。外汇市场上，美元分散配置主题会进一步发展，黄金成主要受益者。股票市场 中，随着全球国防支出增多，国防类股票预计持续表现良好。 ...

Market Overview - The A-share market showed a general upward trend today, with the Shanghai Composite Index rising by 1.50% to close at 4083.67 points, and the Shenzhen Component Index increasing by 1.40% to 14022.55 points [1] - The ChiNext Index rose by 0.75% to 3319.29 points, while the Sci-Tech 50 Index saw a gain of 1.84%, closing at 1429.3 points [1] - Overall, 4101 stocks rose while 1218 stocks fell, with a total trading volume of 28065 billion yuan, an increase of 2602 billion yuan compared to the previous trading day [1] Industry Performance - Among the Shenwan first-level industries, non-ferrous metals, non-bank financials, basic chemicals, defense and military industry, and comprehensive sectors led the gains, with increases of 4.26%, 3.73%, 3.12%, 3.08%, and 2.89% respectively [1] - The only sector that experienced a decline was the telecommunications industry, which fell by 0.77% [1] Concept Sector Performance - The top-performing concept sectors included stock trading software, rare metals selection, chemical raw materials selection, cobalt mines, satellite internet, satellite navigation, phosphorus chemicals, small metals, brain-computer interfaces, vanadium batteries, insurance selection, aircraft carriers, nickel mines, aluminum industry, and industrial metals selection [2] - Conversely, sectors such as optical modules (CPO), optical communication, copper-clad laminates, and central enterprise banks experienced a pullback [2]

（文章来源：证券时报网） Choice统计显示，1月6日，沪深两市可交易A股中，上涨个股有3844只，下跌个股有1201只，平盘个股 有128只。不含当日上市新股，共有141只个股涨停，2只个股跌停。从所属行业来看，涨停个股主要集 中在化工、国防军工、机械设备、医药生物、计算机、电子、汽车等行业。 ...

来源：中国青年报 中国青年报客户端讯（中青报·中青网记者 贾晓静）美国突袭委内瑞拉并抓捕其总统马杜罗的事件，在 新年伊始向市场注入了强烈的地缘政治风险。受此影响，避险资产需求激增，国际金价、银价大幅走 高，欧洲国防类股票也应声上涨。 当地时间2026年1月3日，美国纽约，民众在曼哈顿街头举行示威游行，抗议美国军队逮捕委内瑞拉总统 尼古拉斯·马杜罗及其夫人西莉亚·弗洛雷斯。视觉中国供图 来源：中国青年报客户端 市场交易数据显示，纽约商品交易所2月交割的黄金期货价格1月5日盘中一度飙升逾3%，3月交割的白 银期货价格涨幅更是一度超过7%。有分析人士认为，地缘政治不稳定将继续成为今年黄金等避险资产 价格走势的关键驱动因素。 虽然特朗普近日宣称将开发委内瑞拉石油资源，并表示美国将"管理这个国家直至实现审慎的政权过 渡"，但行业专家向BBC表示，此举对全球能源价格的即时影响可能有限。专家指出，修复委内瑞拉已 衰败的石油基础设施需要投入数十亿美元和漫长的时间。 值得关注的是，地缘政治紧张局势也波及股市相应板块。由于投资者对美国行动作出快速反应，欧洲国 防类股票在1月5日大幅上扬。其中，英国航空航天系统公司股价上涨5%，德 ...

Group 1 - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] - As of January 5, there are 931 stocks with a circulating market value below 3 billion yuan, and 362 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,599 stocks have a total market value below 5 billion yuan, with 550 stocks having a total market value below 3 billion yuan [1] Group 2 - The three stocks with the smallest circulating market values are *ST Changyao at 312 million yuan, *ST Aowei at 409 million yuan, and Kuntai Co. at 640 million yuan [1] - The three stocks with the smallest total market values are *ST Changyao at 312 million yuan, *ST Aowei at 461 million yuan, and *ST Lifang at 667 million yuan [1] - A detailed list of stocks with circulating market values below 2 billion yuan includes various sectors such as pharmaceuticals, defense, automotive, and more, highlighting the diversity within small-cap stocks [1][2]

我们先看看市场的表面反应。道指大涨超过1%，一举突破了49000点大关，标普和纳斯达克也携手上 涨。但最亮眼的板块，无疑是能源股。雪佛龙股价大涨超过5%，其他石油巨头和服务公司也普遍上 扬。市场的逻辑链条非常直接：委内瑞拉拥有巨大的石油储量，而美国公司可能成为其基础设施重建和 资源开发的最大受益者。华尔街的第一反应，不是恐慌，而是迅速地开始计算商业利益和潜在利润。这 非常现实，也清晰地告诉我们，在当前的市场叙事里，地缘政治风险并非总是负面，一旦它被解读为可 能带来新的商业"蛋糕"，资本便会闻风而动。 朋友们，昨晚大洋彼岸的华尔街，上演了颇为戏剧性的一幕。就在全球都屏住呼吸，紧盯委内瑞拉突发 的地缘政治危机时，美股，尤其是道琼斯指数，却在一片惊愕中悄然创下了历史新高。这听起来是不是 有点反常识？危机当前，市场为何不跌反涨？我是帮主郑重，今天咱们就来拆解一下，这反常的市场情 绪背后，到底在算计些什么。 所以，这对于我们A股投资者有何启示？我的观点是，可以从中读出两层重要的市场智慧。第一层是 "事件解读的维度" 。一个新闻出来，不要只被标题吓到，更要看主流资金如何解读其长期影响和潜在 损益。第二层是 "资产的跷跷板 ...