龙虎榜数据显示，该股因连续3个交易日内日收盘价格涨幅偏离值累计达30%、日收盘价涨幅达15%上 榜龙虎榜1次，买卖居前营业部中，机构净卖出2091.39万元，深股通累计净买入9007.70万元，营业部席 位合计净买入1.42亿元。 据天眼查APP显示，易点天下网络科技股份有限公司成立于2005年04月06日，注册资本47188.5905万人 民币。（数据宝） 近日该股表现 易点天下盘中涨停，已连收3个涨停板，截至9:25，该股报75.88元，换手率1.28%，成交量488.62万股， 成交金额3.71亿元，涨停板封单金额为5.55亿元。连续涨停期间，该股累计上涨72.81%，累计换手率为 49.16%。最新A股总市值达358.07亿元，A股流通市值289.99亿元。 | 日期 | 当日涨跌幅（%） | 换手率（%） | 主力资金净流入（万元） | | --- | --- | --- | --- | | 2026.01.12 | 20.00 | 16.20 | 6532.50 | | 2026.01.09 | 20.00 | 31.68 | 73179.72 | | 2026.01.08 | 5.88 | 26 ...

Group 1 - The core viewpoint of the report is that while A-shares have experienced a strong start to 2026 with a "16 consecutive days of gains," Hong Kong stocks have been notably absent from this rally, primarily due to a lack of attractive sectors and a weak liquidity environment [1][2] - The driving force behind the A-share market's performance is the "excess liquidity" chasing "scarce return assets," with small-cap stocks outperforming larger ones, and valuation expansion being the main contributor to the gains [2][3] - The report identifies four key sectors in Hong Kong stocks—dividends, internet, innovative pharmaceuticals, and new consumption—that are unique and irreplaceable compared to A-shares, despite their current lack of market attention [1][6] Group 2 - The underperformance of Hong Kong stocks is attributed to three main factors: the lack of market focus on its unique structural advantages, a weak liquidity environment, and a reflection of a weakening fundamental backdrop [3][4] - The report highlights that the liquidity environment for Hong Kong stocks faces multiple constraints, including uncertainty regarding the strength of southbound capital flows and an increasing demand for IPO financing, which could exceed HKD 400 billion in 2026 [4][5] - Despite the overall market outlook favoring A-shares, Hong Kong stocks still present unique structural opportunities that could attract long-term investment, particularly in sectors like innovative pharmaceuticals and high-dividend stocks [6]

今日（1.13），受海外中概股爆发利好，100%纯度的港股通科技30ETF（520980）大涨超2%，盘中已放量成交超1亿元！资金面上， 近3日有2日获资金关注，累计"吸金"超4100万元！ 同类唯一15BP最低档管理费的恒生科技ETF基金（513260）亦涨近2%，盘中成交额已超1.6亿元。资金面上，近20日有9日获资金青 睐，累计净流入超1.8亿元，基金最新融资余额再度攀升至超1.4亿元，最新规模达76亿元！ 注：以上为恒生科技指数成分股，仅做展示，不作为个股推介。 南向资金持续流入港股。近七日以来，小米集团-W以61亿港元的净买入位居榜首，快手-W、腾讯控股、中芯国际也均位于净买入榜 前十。 | | | | 南向 | | | --- | --- | --- | --- | --- | | 排名 | 股票代码 | 股票简称 | 净买入 排名 | | | 1 | 1810.HK | 小米集团-W | 61.00 | 1 | | 2 | 1024.HK | 快手-W | 45.32 | 2 | | 3 | 0700.HK | 腾讯控股 | 38.74 | 3 | | বা | 2800.HK | 盈富基金 | ...

一、 宏观数据速览 | 发布日期 | 指标日期 | 指标名称 | 单位 | 当期值 | 上期值 | 去年同期值 | | --- | --- | --- | --- | --- | --- | --- | | 2025-10-20 | 2025/09 | GDP:不变价:当季同比 | % | 4.8 | 5.2 | 4.6 | | 2025-12-31 | 2025/12 | 制造业 PMI | % | 50.1 | 49.8 | 50.1 | | 2025-12-31 | 2025/12 | 非制造业 PMI:商务活动 | % | 50.2 | 50.0 | 52.2 | | 2025-12-15 | 2025/11 | 社会融资规模:当月值 | 亿元 | 24888 | 25660 | 23288 | | 2025-12-12 | 2025/11 | M0:同比 | % | 10.6 | 11.7 | 12.7 | | 2025-12-12 | 2025/11 | M1:同比 | % | 4.9 | 6.0 | -0.7 | | 2025-12-12 | 2025/11 | M2:同比 | % | 8.0 ...

【导读】道指、标普500指数创新高！零售巨头沃尔玛创历史新高！中概股大涨，阿里巴巴暴涨10%！金银大爆发 中国基金报记者 伊万 美东时间1月12日，美股三大指数齐收涨，道指以及标普500指数均创历史新高。 受多重利好消息影响，零售巨头沃尔玛收涨3%，创历史新高。中概股表现亮眼，阿里巴巴暴涨10%领衔。 金、银大爆发，盘中刷新历史高位。 三大指数集体收涨 道指、标普500指数创新高 美东时间1月12日，投资者暂时忽略了美国司法部对美联储主席鲍威尔展开刑事调查的影响，美股三大指数齐收涨， 道指和标普500指数 双双创历史新高。 高盛首席经济学家哈丘斯表示，关于美联储主席鲍威尔遭刑事调查的最新消息将加剧对美联储独立性的担忧。其预期是，FOMC将继续根 据法定职责和经济数据作出利率决策。 零售巨头沃尔玛股价创历史新高 美东时间1月12日，沃尔玛收涨3%，报117.97美元/股，最新市值为9402亿美元。 消息面上，谷歌周一宣布将与沃尔玛公司等大型零售商合作，扩展其"双子座"人工智能（AI）模型的购物功能，推动双子座应用从"智能助 手"升级为可直接完成交易的"虚拟商家"。 此外，纳斯达克官网发布公告称，沃尔玛将取代阿斯 ...

1月13日，香港恒生指数开盘涨1.32%，恒生科技指数涨近2%。 | 代码 | 名称 | 现价 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | H2I | 恒生指数 | 26958.52c 350.04 | 1.32% | | HSTECH | 恒生科技 | 5976.22c 113.02 | 1.93% | | HSBIO | 恒生生物科技 | 16304.67c 129.49 | 0.80% | | HSCEI | 恒生中国企业指数 | 9335.53c 115.45 | 1.25% | | HSCI | 恒生综合指数 | 4141.07c 56.72 | 1.39% | 科网股大涨，阿里巴巴、阿里健康涨近5%，小鹏汽车涨逾4%，金蝶国际、比亚迪股份涨逾3%，腾讯控 股、京东集团、哔哩哔哩、联想集团涨超2%，百度集团涨近2%。 | < w | 恒生科技(HSTECH) | | Q | | --- | --- | --- | --- | | 01-13 09:20:46 资讯 成分 资料 | | | 相关基金 月度收 | | 名称 | | 现价 | 涨跌 三 | | 阿里巴巴- ...

1月13日，据新华社消息，美国总统特朗普12日下午在社交媒体发文称，任何与伊朗进行商业往来的国家，其 与美国的所有商业往来都将面临25%的关税。该命令即日起生效。 特朗普突然对伊朗"动手"。 当地时间1月12日，美国总统特朗普在其社交媒体"真实社交"发文称，即日起，任何与伊朗伊斯兰共和国开展 商业往来的国家，在与美国进行的任何商业活动中都将被征收25%的关税。特朗普强调，该决定"最终且不可 更改"。受此影响，国际油价短线拉升，布伦特原油期货、WTI原油期货均涨超1%。 美股市场方面，三大指数低开高走，标普500指数、道指再度创下历史新高，美股大型科技股多数走强，热门 中概股大幅跑赢美股大盘，纳斯达克中国金龙指数大涨超4%，阿里巴巴涨超10%，创2025年8月29日以来最大 升幅。 特朗普宣布：2 5%关税 目前，关于这项关税政策的更多细节尚未明确。 另据央视新闻，美国白宫新闻秘书莱维特12日称，面对当前伊朗局势，特朗普认为外交是"首选"方案。 当地时间12日，伊朗外长阿拉格齐就近期伊朗局势举行新闻发布会。 特朗普指出，这项针对伊朗贸易伙伴进口商品的新关税政策即刻生效。 他写道："此命令为最终决定，且具有终局效 ...

恒生互联网ETF(513330.SH)近日也开启补涨。其跟踪恒生互联网科技业指数，在上海证券交易所上市， 且支持T+0，其聚集了相对A股更为稀缺的一篮子互联网应用龙头(阿里巴巴/百度集团/腾讯控股/美团/金 山云/哔哩哔哩/万国数据/金蝶国际等)。 恒生互联网ETF基金经理徐猛认为：港股科技板块基本面驱动明确。"港股通科技汇聚国产AI核心资 产，涵盖算力、模型、软件应用和硬件终端等全产业链龙头企业；不仅如此，国内参与全球AI竞争的 互联网大厂在资本开支、上下游布局方面若有跟进动作，有望催化新一轮科技行情。" 1月13日，AI应用热度持续，港股科网股盘初上涨，金山云、阿里巴巴-W、万国数据-SW领涨超4%。 隔夜中概股普遍上涨，纳斯达克中国金龙指数涨超4%，金山云涨超21%，阿里巴巴涨逾10%。 参考2012-2014年移动互联网浪潮经验，港股互联网龙头在应用端的优势将逐步显现，其在AI应用领域 具备独特的产业布局优势，覆盖"通用大模型+云算力+垂类应用"的全链条，且软件及内容端占比显著 高于A股，有望成为AI商业化浪潮的核心受益方。 ...

此外，摩根士丹利预计，阿里云的营收增长将保持强劲势头，同比增速有望加速至35%以上，不仅高于 上一季度的34%，且未来在2027财年甚至有进一步加速至40%的潜力。该行认为，这一增长趋势强化了 阿里巴巴作为"中国最佳AI赋能者"的投资逻辑。巴克莱银行则强调，阿里巴巴是中国云厂商中唯一的全 栈AI领导者，拥有极具竞争力的LLM（大语言模型）和AI基础设施。 智通财经APP获悉，阿里巴巴-W(09988)早盘涨超5%，截至发稿，涨4.02%，报160.5港元，成交额59.81 亿港元。 消息面上，根据全球AI开源社区Hugging Face的最新统计数据，截至2026年1月，阿里云旗下的通义千 问系列模型累计下载量已超过7亿次，成为该平台下载量最高的开源AI系列。数据显示，仅在2025年12 月，该系列模型的下载量便超越了排名第二至第八位模型的下载总和。 ...

Market Overview - The Hong Kong stock market opened strongly on January 13, with the Hang Seng Index rising by 1.32%, the Hang Seng Tech Index increasing by 1.93%, and the China Enterprises Index up by 1.25% [1] - Notable gains were seen in tech stocks, with Alibaba rising nearly 5% and AI application stocks like Zhiyuan increasing by nearly 6%. The storage chip leader, Zhaoyi Innovation, saw its H-shares surge over 45% on its first trading day [1] Foreign Investment Outlook - According to Wind data, net inflows from southbound funds reached approximately HKD 32.694 billion, marking the highest weekly inflow in over a month and a half [2] - Major foreign institutions, including Goldman Sachs, Morgan Stanley, and UBS, have released positive market outlooks for 2026, driven by expectations of accelerated corporate profit growth, coordinated macro policies, and RMB appreciation [2] - The core drivers for the Chinese stock market's rise are shifting from "valuation recovery" in 2025 to "profit growth" in 2026, as per foreign institutions [2] Sector Recommendations - CITIC Securities suggests that the Hong Kong stock market could experience a second round of valuation recovery and performance revival in 2026, with a focus on sectors such as technology, healthcare, resources, consumer staples, paper, and aviation [2] - Western Securities highlights three factors driving the Hong Kong stock market's rebound: a weaker dollar encouraging international capital allocation to Hong Kong, RMB appreciation attracting Chinese capital back, and a recovery in the Chinese economy supported by inflation and potential debt relief policies [2] Market Sentiment and Trends - Huaxi Securities notes that the Hong Kong market has been underperforming compared to the A-share market, with a need for time to restore investor sentiment. The market has shown signs of recovery since late December, but the consensus for bullish sentiment remains to be solidified [3] - Huatai Securities indicates that the market sentiment index has entered a panic zone, historically leading to a significant increase in the probability of price rises in the following month [3] - ZheShang International maintains a cautious optimism regarding the market's mid-term outlook, despite a weak fundamental backdrop and a slight decline in the funding environment [3] Investment Opportunities - Industrial Securities recommends focusing on leading companies in the AI sector and dividend-paying assets in a low-interest-rate environment, including insurance, banking, energy, property management, and public utilities [4] - ZheShang International is optimistic about sectors benefiting from policy support, such as new energy, innovative pharmaceuticals, and AI technology, as well as low-valuation state-owned enterprises [4] - The 2026 spring performance of the Hong Kong market is expected to be driven by "AI applications, PPI improvement, and expanded domestic demand," with a focus on quality stocks in these areas [4] Company News - Rongchang Biopharmaceutical (09995) signed an exclusive licensing agreement with AbbVie for RC148, receiving an upfront payment of USD 650 million and potential milestone payments up to USD 4.95 billion [9] - WuXi AppTec (02359) forecasts a net profit of CNY 19.151 billion for 2025, representing a year-on-year increase of approximately 103% [9] - Dongfeng Motor Group (00489) reported cumulative vehicle sales of 1.8962 million units for 2025, a slight increase of 0.01% year-on-year [9] - Q Technology (01478) expects camera module sales to reach 45.938 million units for 2025, a year-on-year increase of 43.6% [9]