王上明表示，2026年澄迈发力方向可用"五个新"提领。 第一，做强枢纽，打造经济新格局。设定今年GDP增长目标7%以上，抢抓封关运作历史机遇，深化老 城科技新城产业集聚效应，全力推动自贸港核心政策扩围增效。坚持"项目为王"，确保全年新开工项目 不少于200个、总投资不低于200亿元。 第二，勇闯蓝海，抢占产业新赛道。深入实施新质生产力"1345"行动计划，力争数字经济核心产业站稳 千亿级，营收增长5%以上；推动油服基地入驻企业超300家、营收超200亿元；力争制造业（总）产值 突破160亿元。同时，强力拓展游戏、新能源汽车、跨境电子商务等"五大出海场景"，让"要出海，来澄 迈"成为企业走向全球市场的首选通道。 第三，重塑环境，打造服务新标杆。推动国家农村综合性改革试点顺利验收，全力打造海南自贸港制度 集成创新案例。构建"1+N"增值化服务矩阵，力争率先实现"政务服务全县通办+企业服务全域覆盖"， 将政策优势转化为发展胜势。 第四，融合城乡，提升城市新品质。主动融入海口经济圈，推动12个先导性项目，加快马村港三期建 设，积极承接秀英港货运功能转移，打造区域物流新枢纽。实施新型城镇化行动计划，推进18个城市更 新 ...

智通财经APP获悉，东方证券发布研报称，受地缘冲突影响，市场对油气供应减少的担忧上升，导致油 价回升。而全球的油气资本开支正处于较低水平，存在向上恢复的空间。但是，考虑到油气项目的建设 周期较长，该行预计下游业主将更重视油气服务和装备企业的长期竞争力，因此该行看好具有高竞争力 的油服装备企业的投资机会。 东方证券主要观点如下： 地缘冲突的担忧增加，布伦特油价回升，有望提高油服景气度 由于油服项目的建设周期较长，因此业主公司往往需要观察油价的持续性。目前的地缘冲突担忧推升了 油价和市场的期待，但油服的景气度回升仍需要事件。该行预计从油价回升到油服景气传导至少需要半 年左右。考虑到下游公司对供应商的筛选会更加重视长期合作，因此该行认为高竞争力的企业更有望受 益复苏。 投资建议：部分相关标的：杰瑞股份、迪威尔、博迈科、海油工程、中密控股。 风险提示：地缘冲突缓解或供给波动导致油价下降、海外高利率拖累投资、海外贸易摩擦加剧影响投资 信心、原材料价格上涨拖累企业盈利。 全球油气开支活跃度仍在较低水平，向上有弹性 目前全球的油服景气度处于较低区间，比如全球活跃钻机数目前约1700-1800部，仍低于2019年以前水 平。 ...

1月29日，港股开盘，恒生指数跌0.72%，恒生科技指数跌0.79%。有色金属、石油板块高开，赤峰黄金 涨逾6%，中石化油服涨近2%，紫金矿业涨超1%。 1月29日，港股开盘，恒生指数跌0.72%，恒生科技指数跌0.79%。有色金属、石油板块高开，赤峰黄金 涨逾6%，中石化油服涨近2%，紫金矿业涨超1%。 ...

据交易所数据显示， 石化油服连续两个交易日涨停，晋级2连板。该股今日于9时31分封涨停，成交额 5.19亿元，换手率1.19%。金融界App AI线索挖掘：油服行业整体景气度提升，全球经济复苏及地缘政 治局势变化推动国际油价走高，形成良好行业发展环境；OPEC+2026年对增产持谨慎态度，有望改善 原油供需失衡局面；公司2025年度对外担保实际发生情况良好，无逾期对外担保，向市场传递积极信 号；油气开采及服务概念近期受到市场关注。 风险提示：连板股波动剧烈，注意追高风险，理性投 资！（注：以上由AI基于交易所等公开数据生成，内容不构成投资建议。） ...

昨天说了，国内股市近期别碰，不知道还有多少头铁，今天看看盘面，还是熟悉的指数涨0.5%即打压，跌回原点又会反弹。有人说这样能不能做套利，我 觉得可以，第一个是期指，不过日内单手续费高，你可以换成T+1对锁，如果不懂这个就别参与，毕竟带杠杆万一超级主力有一天不上班，这法则就无法实 施，还容易亏钱，毕竟砸盘主力是人为压制，并不是市场的本意，这种你开空单亏了还下个不能怪谁。第二个是ETF做T+0，低买高卖挺容易的，锚定0.5% 的上下区间就行，不过同样是在一堆垃圾里挑吃的，我想问为啥非得盯A股？商品不香吗？海外不香吗？比如黄金白银大宗，每一个都在涨价，这些又是市 场自由博弈，没有超级主力砸盘，另外，海外半导体高景气延续，天天都是涨价，国内不给炒你不会去海外？这个市场已经烂透了，我觉得没啥好留恋的， 谈价值没价值，谈炒作禁炒作，谈耐心资金就是每天乖乖被锤天天市值新低，哪有这样天天对着各类投资者整的市场。所以现在黄金、白银上涨很快，也是 超级主力的功劳，不买黄金白银，难道去买医药白酒吗？ 中线策略分析：【整体情况】 今天统计的买盘力量是3000+，明显感觉盘面越来越强，而且超级主力越砸影响越少，主要原因从数据上就看到了 ...

Group 1 - The stock markets in Shanghai, Shenzhen, and Hong Kong experienced fluctuations with significant gains in precious metals and energy equipment sectors, with the Hong Kong Stock Connect Central Enterprise Dividend ETF Southern (520660.SH) rising by 3.45% and China National Offshore Oil Corporation increasing by 4.93% [1] - The index-weighted and cyclical resource sectors are benefiting from multiple favorable factors, leading to a sustained increase in sector prosperity. Major telecom operators are expected to see improved profitability in their cloud services due to the ongoing price hikes in the North American cloud service industry [1] - The cyclical resource sector is experiencing a concentrated release of multiple favorable factors, with international oil prices slightly rising due to various supply and demand factors, including Kazakhstan oil field production halts and improved global economic growth expectations, which directly benefits oil extraction and service-related companies [1] Group 2 - The cloud computing industry's price increase trend is a significant focus, with Google Cloud announcing a price hike for data transmission services in North America, Europe, and Asia starting May 1, 2026, which reflects the industry's transition from a phase of scale expansion to value recovery [2] - Domestic telecom operators are expected to benefit from their cost advantages in cloud services, supported by strong government and enterprise customer resources and ongoing investments in computing power, which may enhance their profitability in line with the industry's price increase trend [2]

Group 1 - The core viewpoint of the article highlights the significant stock price increase of Antong Oilfield Services (03337), which has risen over 60% in the month, with a current price of 1.27 HKD and a trading volume of 39.8 million HKD [1] - The U.S. Air Force is set to conduct military exercises in the Middle East, raising concerns about potential supply disruptions of Iranian crude oil and petrochemicals due to escalating tensions, which has led to increased oil prices and heightened volatility in the market [1] - Antong Oilfield Services announced new contracts worth 1.167 billion CNY for oilfield operation and maintenance services, energy transformation technology services, and fracturing pumping technology services, although this represents a 30.5% year-on-year decline due to a high base from the previous year [1] Group 2 - In other overseas markets, the company secured multiple large contracts, including well repair services, mud services, and production equipment services, resulting in a year-on-year increase of 525.8% in new orders [1]

Group 1 - The core viewpoint of the article highlights the significant stock price increase of Anton Oilfield Services (03337), which has risen over 60% in the month, with a current price of 1.27 HKD and a trading volume of 39.8 million HKD [1] - The U.S. Air Force is set to conduct military exercises in the Middle East, raising concerns about potential supply disruptions of Iranian crude oil and chemical products due to escalating tensions, which has led to increased oil prices and heightened volatility in the market [1] - Anton Oilfield Services announced new project orders worth 1.167 billion CNY for oilfield operation services, energy storage transformation technology services, and fracturing pumping technology services, although new orders decreased by 30.5% year-on-year due to a high base from the previous year [1] Group 2 - In other overseas markets, the company secured multiple large orders, including well services, mud services, and production equipment services, with new orders increasing by 525.8% year-on-year [1]

Financial Performance - Halliburton reported a net profit of $589 million in Q4 2025, exceeding consensus expectations due to strict cost control and high-margin international projects[1] - Operating cash flow reached $1.2 billion, with free cash flow totaling $875 million for the quarter[1] - Total free cash flow for 2025 amounted to $1.9 billion, with 85% allocated to a $1 billion share buyback, up from $525 million in 2024[1] Business Segments - Drilling and Evaluation segment revenue was $2.389 billion, surpassing consensus estimates of $2.361 billion, with a profit margin of 15% compared to the expected 14.2%[2] - Completion and Production segment revenue reached $3.268 billion, exceeding expectations of $3.074 billion, with a profit margin of 17% against a forecast of 16.3%[2] Risks - Potential risks include declining oil and gas capital expenditures, reduced demand for oil services, cost overruns, and falling oil prices[3]

Summary of Conference Call Notes Industry Focus - The notes primarily focus on the chemical and oil service equipment industries, highlighting recovery opportunities in these sectors [1][2]. Key Points and Arguments 1. **Recent Catalysts for Recovery**: - Brent crude oil prices have halved since their peak in 2022, while the number of active oil rigs in the U.S. is at a historical low [1]. - The gold-to-oil ratio has reached a historical high, indicating a significant disparity in commodity prices [1]. - Global oil service companies are experiencing a continuous reduction in capacity, and the IEA has indicated a severe underinvestment in the global oil and gas sector, particularly in capital expenditures [1]. 2. **Bottoming Indicators**: - Industrial gases, refining, and oil services are identified as sectors nearing a bottoming phase, presenting potential recovery opportunities [1]. - For industrial gases, the average price of liquid oxygen has dropped to 397 RMB/ton, below the cost in most regions, with rare gases like neon and krypton seeing nearly an 80% decline from 2022 highs [1]. - In refining, limited processing capacity is expected by 2026, with overseas refineries exiting the market, which could lead to a supply-demand balance [1]. 3. **Incremental Growth Areas**: - Natural gas and coal chemical sectors are highlighted as areas for potential growth, with significant funding for LNG projects expected in 2026 and 2027 [2]. - The total investment for coal chemical projects in Xinjiang exceeds 700 billion RMB, with ongoing projects accounting for nearly 160 billion RMB [2]. 4. **Impact of Economic Conditions**: - Domestic equipment companies have faced approximately three years of declining orders due to slow economic growth and overinvestment in chemical projects [2][3]. 5. **Geopolitical Factors**: - The presence of U.S. aircraft carrier strike groups in the Middle East and geopolitical tensions involving Venezuela and Iran are contributing to market volatility and supply constraints [5]. - North American snowstorms have led to shutdowns in refining and extraction areas, exacerbating supply tightness [5]. Additional Important Insights - The prolonged low prices of chemical products have accelerated the exit of subpar production capacities both domestically and internationally, while some downstream recovery trends are becoming clearer [4]. - Recommendations include focusing on leading companies in the general chemical equipment sector that are likely to benefit from capacity reductions, such as Hangyang Co., Zhongtai Co., Jereh Co., and others [4].