（原标题：春节倒计时 大消费起舞年味渐浓） 本周，A股探底回升，上证指数、上证50周线微幅飘红，深证成指、科创50、北证50等周线微幅飘绿， 周成交减少至8.8万亿元。 机构：跨年攻势已开始 杠杆资金本周小幅净卖出逾11亿元，其中基础化工行业被融资净卖出逾19亿元，有色金属行业、食品饮 料行业也被净卖出逾10亿元，传媒、银行、交通运输等行业亦被净卖出超亿元；电子行业获得逾28亿元 融资净买入，国防军工行业获得逾18亿元净买入，非银金融行业获得逾12亿元净买入，商贸零售、机械 设备、建筑材料、公用事业等行业也获得超亿元净买入。 免税概念、网红经济、新零售、供销社等相关板块也均强势上攻，顺灏股份16日8涨停，南京商旅10日5 涨停，九牧王6日4涨停，美凯龙、皮阿诺等亦多次涨停。 消息面上，近日，商务部办公厅、财政部办公厅印发《关于做好消费新业态新模式新场景试点有关工作 的通知》，在北京等50个城市开展消费新业态、新模式、新场景试点。 农业农村部也部署开展2026年元旦、春节"品特产 寻年味"消费促进活动，要求各地进一步落实《促进 农产品消费实施方案》，抓住"两节"消费旺季，谋划出台促消费务实举措，推动供需精准适配 ...

Market Performance - The ChiNext Index rose by 0.49%, closing at 3122.24 points, with a total trading volume of 444.704 billion yuan, a decrease of 5.152 billion yuan compared to the previous trading day [1] - Among the tradable ChiNext stocks, 1133 stocks closed higher, with 17 stocks rising over 10%, including Liying Technology, Debi Group, and Chuangyuan Co., which hit the daily limit [1] - The average turnover rate for the ChiNext today was 3.43%, with 29 stocks having a turnover rate exceeding 20% [1] High Turnover Stocks - The highest turnover rate was recorded by Deyi Culture at 57.53%, closing up 7.34%, with a trading volume of 1.18 billion yuan [1] - Other notable high turnover stocks included Huaren Health with a turnover rate of 56.23% and a closing increase of 5.72%, and Wanlong Optoelectronics with a turnover rate of 45.05% [1] Institutional Activity - Six high turnover ChiNext stocks appeared on the Dragon and Tiger list, with institutional participation noted in several stocks [3] - Aerospace Intelligence saw a net institutional buy of 90.6183 million yuan, while Huaren Health had a net institutional buy of 43.9794 million yuan [3] - Debi Group experienced a net institutional sell of 16.3466 million yuan, while Aerospace Intelligence had a significant net sell of 384 million yuan [3] Capital Flow - Among high turnover stocks, 15 stocks saw net inflows from main funds, with the highest inflows recorded for Yingshisheng at 342 million yuan, Aerospace Intelligence at 290 million yuan, and Haoen Automotive at 180 million yuan [4] - Conversely, Huaren Health experienced a net outflow of 238 million yuan, followed by Xice Testing and Tianyin Electric with outflows of 12.121 million yuan and 9.73721 million yuan, respectively [4] Sector Analysis - In terms of industry performance, the computer sector had the most stocks with turnover rates exceeding 20%, followed by defense and military industry and electric power equipment [2]

Core Viewpoint - Lockheed Martin has been underperforming compared to the industrial sector but is showing signs of a potential turnaround [2] Group 1: Company Performance - Lockheed Martin is down approximately 2% over the past year, ranking at the bottom among its defense sector peers such as Boeing, Northrop Grumman, General Dynamics, Raytheon, and GE [2] - The stock has formed a downward sloping channel, which was briefly interrupted by an upward trend that has since been broken [3][5] - Key price levels to watch include a low of 462.25, with further downside support at 437, and resistance at 485 [4][5] Group 2: Technical Analysis - The moving averages are clustered between 467 and 474, indicating a critical inflection point [4] - The Relative Strength Index (RSI) is trending lower but remains above the 50 midline, suggesting potential bearish activity if it crosses below 50 [5][6] - The volume profile indicates significant trading activity around 468, which is a key threshold for bullish sentiment [6][7] Group 3: Trading Strategy - An example trade strategy involves a broken wing call butterfly, which is bullish and aims to capitalize on potential upside while avoiding the earnings report on January 27 [9][11] - The trade consists of buying a 465 strike call, selling two 485 calls, and buying a 490 call, resulting in a net debit of approximately $700 per spread [12][13] - The break-even point for this trade is set at 472, just above the expected opening price of 467, allowing for profitability with a modest upward movement [13][14]

本周，A股探底回升，上证指数、上证50周线微幅飘红，深证成指、科创50、北证50等周线微幅飘绿，周成交减少至8.8万亿元。 消息面，近日，商务部办公厅、财政部办公厅印发《关于做好消费新业态新模式新场景试点有关工作的通知》，在北京等50个城市开展消费新业态、新模 式、新场景试点。 农业农村部也部署开展2026年元旦、春节"品特产 寻年味"消费促进活动，要求各地进一步落实《促进农产品消费实施方案》，抓住"两节"消费旺季，谋 划出台促消费务实举措，推动供需精准适配、创新消费场景、拓展消费空间，有力有效扩大农产品消费，更好满足城乡居民节日消费需求。 杠杆资金本方面，本周小幅净卖出逾11亿元。其中基础化工被融资净卖出逾19亿元，有色金属、食品饮料也被净卖出逾10亿元，传媒、银行、交通运输等 亦被净卖出超亿元。不过，电子行业获得逾28亿元融资净买入，国防军工获得逾18亿元净买入，非银金融获得逾12亿元净买入，商贸零售、机械设备、建 筑材料、公用事业等也获得超亿元净买入。 另据Wind数据统计，商贸零售连续5日获得主力资金净流入，全周合计净流入逾225亿元，有色金属也获得逾201亿元净流入，国防军工、汽车、机械设 备、通信 ...

Group 1 - The core point of the article highlights that the main funds in the two markets experienced a net outflow of 1.283 billion yuan at the end of the trading day on December 19 [1] - The industries that saw significant net inflows of main funds exceeding 100 million yuan include non-ferrous metals, basic chemicals, and national defense and military industry [1] - Specific stocks that attracted over 100 million yuan in net inflow of main funds during the closing period include Ganfeng Lithium, Luoyang Molybdenum, N Uxin, Salt Lake Industry, Sungrow Power Supply, and Northern Rare Earth [1]

人民财讯12月19日电，据证券时报·数据宝统计，今日沪深两市主力资金净流出44.44亿元。从行业来 看，申万一级行业中有12个行业主力资金净流入，其中汽车、机械设备行业主力资金净流入均超20亿 元，居前；有色金属、传媒、商贸零售、基础化工等行业主力资金净流入金额均超3亿元。 19个主力资金净流出的行业中，电子、医药生物、交通运输行业主力资金净流出金额居前，分别为 29.79亿元、25.45亿元、10.31亿元；食品饮料、国防军工、轻工制造、非银金融、通信行业主力资金净 流出金额均超5亿元。 （原标题：汽车、机械设备行业主力资金净流入均超20亿元） ...

主力资金净流出的行业有13个，电子行业主力资金净流出规模居首，全天净流出资金46.40亿元，其次 是医药生物行业，净流出资金为15.79亿元，净流出资金较多的还有银行、国防军工、交通运输等行 业。 商贸零售行业今日上涨3.66%，全天主力资金净流入25.97亿元，该行业所属的个股共97只，今日上涨的 有89只，涨停的有5只；下跌的有6只。以资金流向数据进行统计，该行业资金净流入的个股有59只，其 中，净流入资金超亿元的有6只，净流入资金居首的是中国中免，今日净流入资金9.58亿元，紧随其后 的是永辉超市、东百集团，净流入资金分别为9.57亿元、3.10亿元。商贸零售行业资金净流出个股中， 资金净流出超3000万元的有8只，净流出资金居前的有南京商旅、百大集团、利群股份，净流出资金分 别为1.98亿元、1.50亿元、1.27亿元。（数据宝） 沪指12月19日上涨0.36%，申万所属行业中，今日上涨的有28个，涨幅居前的行业为商贸零售、综合， 涨幅分别为3.66%、2.22%。商贸零售行业位居今日涨幅榜首位。跌幅居前的行业为银行、电子、煤 炭，跌幅分别为0.44%、0.29%、0.29%。 资金面上看，两市主力资 ...

转自：新华财经 日本央行加息25个基点 政策利率达30年来最高水平 盘面上，大消费板块持续拉升，零售、乳业方向领涨，中央商场、上海九百、庄园牧场等多股涨停。智 能驾驶概念走强，浙江世宝4连板。路畅科技4天2板。商业航天概念反复活跃，华体科技2连板。可控核 聚变概念开盘表现强势，王子新材3天2板。下跌方面，影视院线概念走弱，博纳影业大跌。 机构观点 恒生前海基金：从资金动向来看，近期多只宽基ETF获得资金大额净流入，但其结构性特征显著，难以 支撑全面反转，当前行情更多由短期流动性与政策预期驱动，后续仍需等待宏观数据与企业盈利面的验 证。A股整体大概率将震荡上行，中国资产正处于重估的长期趋势中，短期震荡不改长期向好趋势，后 续市场预计仍将走出慢牛行情，建议持续关注科技、消费、高端制造、医药的产业趋势机会。 富荣基金：展望未来半年，A股市场在"十五五"规划开局之年的政策预期下，结构性投资机会或依然丰 富。首先，科技创新与高端制造或仍是核心主线。人工智能产业链的演进将从算力硬件向应用端扩散， AI Agent、具身智能等领域潜力巨大。同时，伴随政策对"新质生产力"的持续支持，智能驾驶、半导 体、国防军工等关键领域的国 ...

Group 1 - The core viewpoint of the article highlights the significant inflow of funds into the CSI A500 ETF, indicating a growing interest in this broad-based index that reflects new economic growth drivers [1] - The CSI A500 Index shows a notable overweight in emerging industries such as electronics, electrical equipment, pharmaceuticals, and national defense compared to the CSI 300 Index, suggesting a shift towards new productive forces in the economy [1] - The CSI A500 ETF tracks the CSI A500 Index, which selects samples from leading companies across various industries, employing an industry-balanced sampling method that reflects both market capitalization and balanced industry distribution [1] Group 2 - The CSI A500 Index is characterized by a higher average overseas revenue ratio, projected at 15% for 2024, highlighting its internationalization attributes [1] - The ETF has seen a net inflow of 2.82 billion units in a single trading session and over 4.4 billion yuan in net inflows over the past 20 days, indicating strong market demand [1] - The fund's holder count is the highest among 38 similar products, with more investors choosing the CSI A500 ETF, suggesting its growing popularity in the market [2]

Core Viewpoint - The U.S. government has increased military spending to $901 billion for the fiscal year 2026, as signed by President Trump [1] Group 1 - The National Defense Authorization Act for fiscal year 2026 has been officially signed [1] - The new military budget represents a significant increase in defense spending [1]