1月13日，港股股指高开后震荡下行，截止收盘，恒生指数涨0.9%报26848.47点，恒生科技指数涨0.11% 报5869.79点，国企指数涨0.71%报9285.41点，红筹指数涨0.78%报4146.17点。 盘面上，大型科技股走势分化，阿里巴巴涨3.63%，腾讯控股涨0.72%，京东集团涨0.43%，小米集团跌 1.96%，网易跌0.18%，美团跌0.1%，快手跌2.24%，哔哩哔哩涨3.11%；创新药板块全天表现强势，药 明康德收涨8.3%；黄金股领涨，中国黄金国际涨超7%，万国黄金集团涨超5%，紫金黄金国际涨超 5%，灵宝黄金涨超3%；大模型概念股智谱跌超12%，MINIMAX跌超8%；半导体板块走弱，上海复旦 跌近5%，华虹半导体跌超2%；商业航天概念回调，金风科技跌超9%；今日三只新股上市，兆易创新涨 超37%，BBSB INTL涨超11%，红星冷链涨0.33%。 企业新闻 腾讯控股(00700.HK)：斥资约6.36亿港元回购102.4万股，回购价614-627港元。 吉利汽车(00175.HK)：斥资1.51亿港元回购900.7万股，回购价16.63-17.15港元。 钧达股份(02865. ...

Group 1 - The core point of the news is that Hunan Gold has suspended trading on January 12, 2026, due to a major asset restructuring involving the acquisition of 100% equity in Hunan Gold Tianyue Mining Co., Ltd. and Hunan Zhongnan Gold Smelting Co., Ltd. [1] - The suspension is expected to last no more than 10 trading days to prevent market disruption from information leakage [1]. - For the first three quarters of 2025, the company reported revenue of 41.194 billion yuan, representing a year-on-year increase of 96.26%, indicating strong performance [1]. Group 2 - On January 12, 2026, Hunan Gold's financing data showed a net repayment of 69.2947 million yuan, with a financing balance of 1.558 billion yuan [2]. - The precious metals sector increased by 3.54%, while the Hunan sector decreased by 1.28% [2]. - The technical analysis indicates that Hunan Gold has a resistance level at 23.05 yuan and a support level at 22.05 yuan, with an accelerating upward trend [3].

中长期看，黄金价格中枢仍有望上行，投资者或可考虑后续回调参与、逢低分批布局。关注直接投资实 物黄金，免征增值税的黄金基金ETF（518800），覆盖黄金全产业链股票的黄金股票ETF（517400）。 （文章来源：每日经济新闻） 消息面，1月13日盘中，伦敦金现突破4600美元/盎司大关。 申万宏源证券指出，美国打击委内瑞拉等地缘事件刺激避险需求，对金价形成支撑。长期来看，货币信 用格局重塑持续，美国财政赤字率提升背景下，央行购金成为长期趋势，叠加我国黄金储备仍偏低，金 价中枢有望持续上行。此外，降息后实际利率下行将吸引黄金ETF资金流入，当前贵金属板块估值具备 修复动力。 ...

（原标题：黄金股走强，黄金股ETF、黄金股票ETF、黄金股票ETF基金涨超3%） 金价新高，带动港股黄金股继续上涨，招金矿业、紫金矿业、中国黄金国际均创历史新高。 黄金概念股走强，明牌珠宝涨停，湖南白银触及涨停 A股市场黄金概念股走强，明牌珠宝涨停，湖南白银触及涨停，晓程科技涨超8%，山金国际、福达合金涨超6%，国城矿业、白银有色、南矿集团 涨超5%。 ETF方面，黄金股ETF、黄金股票ETF、黄金股票ETF基金涨超3%，2026年以来涨超12%。 黄金股ETF是股票型ETF，投资于在港A股上市的黄金相关公司，权重股聚焦金矿股，如紫金矿业、山东黄金、中金黄金等，也包含少部分珠宝零 售公司，如老铺黄金、周大福等。 消息面上，在美联储主席鲍威尔抛出"正在接受刑事调查"的重磅消息后，交易员将其解读为美国总统特朗普意图削弱美联储政治独立性的信号， 风险偏好迅速降温，金银价格走高。现货黄金昨日盘中创出历史新高价4630美元/盎司，再创历史新高。 全球最大的黄金ETF SPDR Gold Trust持仓较前日增加6.24吨。截至2026年1月12日，全球最大的黄金ETF SPDR Gold Trust持仓量为1070.8 ...

Market Overview - A-shares are experiencing high-level fluctuations with increased trading volume, while Hong Kong stocks show resilience, indicating a shift in market dynamics [1] - As of the morning close, major A-share indices are weakly fluctuating: Shanghai Composite Index down 0.03%, Shenzhen Component down 0.31%, and ChiNext Index down 0.83% [1] - The STAR 50 Index, representing technology innovation, has the largest decline at 1.77%, indicating a deeper adjustment [1] - Trading activity is robust with a half-day turnover of 2.44 trillion yuan, significantly higher than the previous day, suggesting a divergence in market sentiment [1] Sector Performance Leading Sectors - The media sector leads with a gain of 3.42%, driven by the practical application of AI, particularly in content generation and marketing transformation [3] - The non-ferrous metals sector rises by 2.39%, influenced by heightened global risk aversion and a surge in international gold prices, reflecting concerns over the independence of U.S. Federal Reserve policies [3] - The pharmaceutical and biotechnology sector increases by 2.18%, supported by clear domestic policies favoring technological innovation and attractive valuations after a prolonged adjustment [3] Declining Sectors - The defense and military sector sees a significant drop of 4.13%, attributed to the retreat of speculative trading following risk warnings from multiple commercial space companies [4] - The electronics and communications sectors also decline, confirming a withdrawal of funds from previously high-performing growth sectors, indicating a phase of profit-taking and a shift towards lower-valued stocks [4] Market Dynamics - The current market differentiation reflects a phase of logical restructuring, with funds moving from overheated speculative themes to sectors with industrial trends, macroeconomic drivers, or safe valuation margins [4] - The market is expected to enter a consolidation phase, with rapid index increases likely coming to a halt, but structural opportunities remain active [4] Investment Focus - Investors are advised to focus on sectors with confirmed industrial trends, particularly in "AI+" applications, ensuring selection of companies with real business connections and potential for order fulfillment [4] - Resources with hedging attributes, such as gold and silver, are recommended due to their close ties to international macroeconomic sentiments [4] - The pharmaceutical and biotechnology sector, especially innovative drug supply chains resonating with Hong Kong stocks, is highlighted as an area of improvement [4]

Market Overview - The Hong Kong stock market opened high on January 13, with the Hang Seng Index rising by 1.01% to 26,877.42 points, the Hang Seng Tech Index up by 0.38% to 5,885.42 points, the National Enterprises Index increasing by 0.8% to 9,293.55 points, and the Red Chip Index up by 0.96% to 4,153.53 points [1] - Major technology stocks mostly rose, with Alibaba increasing by 3.5%, Tencent Holdings up by 0.48%, and JD Group rising by 1.11%. However, Xiaomi fell by 0.67%, Meituan dropped by 0.86%, and Kuaishou decreased by 1.93% [1] Company News - WuXi AppTec (02359.HK) forecasted a net profit of 19.151 billion yuan for the fiscal year 2025, representing a year-on-year increase of approximately 103%, which includes gains from the sale of partial equity in joint ventures and the divestiture of certain businesses [2] - Dongfeng Group (00489.HK) reported cumulative automobile sales of 1.8962 million units for 2025, reflecting a year-on-year growth of approximately 0.01% [3] - Q Technology (01478.HK) announced that it sold 45.938 million camera modules in 2025, a year-on-year increase of 43.6%, while fingerprint recognition module sales decreased by 12% to 17.947 million units [3] - Yue Yuen Industrial Holdings (00551.HK) reported a cumulative operating income of 8.031 billion USD for 2025, a decrease of 1.85% year-on-year [4] - Baoshan International (03813.HK) reported a cumulative operating income of 17.132 billion yuan for 2025, down by 7.2% year-on-year [5] - Jiangshan Holdings (00295.HK) indicated that its total solar power generation for 2025 is approximately 300,700 MWh, a decrease of 6.14% year-on-year [6] - Yida China (03639.HK) projected a contract sales amount of approximately 763 million yuan for 2025, a decline of 19.43% year-on-year [7] - China Lilang (01234) reported a high single-digit growth in retail sales for its "LILANZ" products in the fourth quarter [8] Clinical Trials and Innovations - Clover Biopharmaceuticals (02197.HK) has initiated Phase II clinical trials for its RSV-hMPV-PIV3 respiratory combined vaccine candidate [9] - Yiming Anke (01541.HK) received approval from the National Medical Products Administration for clinical trials of MM01 (Tideglusib) for atherosclerosis treatment [10] - Xianjian Technology (01302.HK) has entered the special review process for its Concave Supra integrated three-branch reconstruction system [11] Corporate Actions - Haitong Securities (01905.HK) plans to issue company bonds not exceeding 1 billion yuan [13] - China Heartland Fertilizer (01866.HK) has approved a new plan to repurchase up to 10% of its issued shares from the open market, not exceeding 200 million yuan in value [13] - Tencent Holdings (00700.HK) repurchased 1.024 million shares for approximately 636 million HKD at prices ranging from 614 to 627 HKD [14] - Geely Automobile (00175.HK) repurchased 9.007 million shares for approximately 151 million HKD at prices between 16.63 and 17.15 HKD [15] - Jun Da Holdings (02865.HK) announced that its controlling shareholder plans to reduce its stake by up to approximately 8.7254 million shares [16] Analyst Insights - CITIC Securities released a 2026 investment outlook, suggesting that the Hong Kong stock market may experience a second round of valuation recovery and performance revival, driven by internal and external economic factors [17] - Huaxi Securities noted that the Hong Kong market continues to lag behind the A-share market, with a need for time to restore market sentiment [18] - Guoyuan International indicated that the Hong Kong market is currently in a relatively quiet period, awaiting further catalysts for market movement [18] - Industrial Securities recommended focusing on leading internet companies in the AI sector, as well as dividend assets in low-interest-rate environments, and new consumption trends [19]

Group 1 - The Hong Kong stock market opened higher but gradually retreated, with the Hang Seng Tech Index initially rising by 2.35% before closing up 0.38% [1] - The Hang Seng Index and the China Enterprises Index increased by 1.01% and 0.8% respectively [1] - Major technology stocks experienced a pullback, with Alibaba's gains narrowing to 3.5% after peaking over 6% [1] Group 2 - Gold and silver prices reached new highs, leading to significant increases in gold mining stocks, with Zhaojin Mining, Zijin Mining, and China Gold International all hitting historical highs [1] - A new export tax rebate policy for batteries was introduced, resulting in a surge in lithium carbonate futures and a notable rise in lithium battery stocks [1] Group 3 - A-share commercial aviation concept stocks collectively indicated risks, while commercial aerospace stocks faced a general downturn [1] - Brain-computer interface concept stocks and wind power stocks also experienced declines [1]

Group 1 - The core viewpoint of the articles highlights significant movements in various sectors, particularly in gold and lithium stocks, driven by geopolitical risks and market dynamics [1][2][5]. - International spot gold prices have historically surpassed $4600 per ounce, influenced by rising geopolitical tensions and uncertainties surrounding Federal Reserve policies [1][2]. - Lithium stocks have seen a resurgence, with Tianqi Lithium and Ganfeng Lithium rising by 5.18% and 6.59% respectively, as lithium carbonate futures reached a new high of 170,000 yuan per ton [1][2]. Group 2 - Insurance stocks performed strongly, with China Ping An, China Pacific Insurance, China Life, and New China Life all experiencing gains between 2.04% and 2.51% [2]. - Gold-related stocks also rose, with China Gold International up 7.72% and Lingbao Gold up 6.35%, reflecting increased safe-haven demand as gold prices hit record highs [2]. - The cement sector saw gains, with Jinju Group rising nearly 5% following the announcement of key construction projects in Hebei province [2]. Group 3 - Biopharmaceutical stocks, particularly WuXi AppTec and Tigermed, saw significant increases, with WuXi AppTec rising 6.86% after announcing a projected revenue of 45.456 billion yuan for the year, a 15.84% increase year-on-year [4]. - Ark Health's stock surged nearly 40% after launching an "AI + chronic disease management" solution in collaboration with Tencent Health, marking a new phase in chronic disease management [4]. - In the U.S. market, the Nasdaq China Golden Dragon Index rose over 3%, with notable gains in Chinese concept stocks like Zhihu and Kingsoft Cloud, driven by advancements in AI applications [5][6].

Core Viewpoint - International gold and silver prices have risen again, leading to a strong performance in A-share market gold-related stocks, with several stocks hitting their daily limit or showing significant gains [1] Group 1: Market Performance - As of the half-day close, Mingpai Jewelry reached its daily limit, Hunan Silver also hit the limit, and Xiaocheng Technology rose over 8% [1] - Other notable performers include Shanjin International and Fuda Alloy, both up over 6%, while Guocheng Mining, Silver Nonferrous, and Nankuang Group increased by over 5% [1] - Shandong Gold, Baoding Technology, Shengda Resources, Chaohongji, Zhaojin Gold, and Jiangxi Copper all saw gains exceeding 4% [1] Group 2: Market Drivers - The rise in gold and silver prices was influenced by a significant announcement from Federal Reserve Chairman Jerome Powell regarding an ongoing criminal investigation, which traders interpreted as a signal of President Trump's intention to undermine the political independence of the Federal Reserve [1] - This shift in sentiment led to a rapid decline in risk appetite among traders, contributing to the increase in precious metal prices [1] Group 3: Price Milestones - Spot gold reached a historic high of $4,630 per ounce during trading yesterday, marking a new record [1] - Spot silver also broke through $86 per ounce, achieving a new historical peak [1]

格隆汇1月13日｜国际金银价格再度走高，带动A股市场黄金概念股走强。截至半日收盘，明牌珠宝涨 停，湖南白银触及涨停，晓程科技涨超8%，山金国际、福达合金涨超6%，国城矿业（维权）、白银有 色（维权）、南矿集团涨超5%，山东黄金、宝鼎科技（维权）、盛达资源、潮宏基、招金黄金、江西 铜业涨超4%。 消息面上，在美联储主席鲍威尔抛出"正在接受刑事调查"的重磅消息后，交易员将其解读为美国总统特 朗普意图削弱美联储政治独立性的信号，风险偏好迅速降温，金银价格走高。现货黄金昨日盘中创出历 史新高价4630美元/盎司，再创历史新高；现货白银一度突破86美元/盎司，亦创历史新高。 | 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅%。 | | --- | --- | --- | --- | --- | --- | | 600170 | 上海建工 | | 10.14 | 270亿 | 14.72 | | 002574 | 明牌珠宝 | 1 | 10.08 | 36.91亿 | 24.38 | | 002716 | 湖南日银 | 1 | 9.90 | 260亿 | 33.09 | | 300139 | 晓程科技 ...