在2026年年初，股市的震荡不安牵动着众多投资者的神经。动荡的市场中，一种投资策略悄然升温，那便是聚焦于那些能够稳定派发现金红利的上市公司。 比起难以捉摸的股价波动，实实在在的分红入账，更能给人以安心之感。 一份最新的高股息率股票名单于1月2日在投资圈内迅速传播，犹如寒冬里的一束暖阳。这份名单精选出A股中股息率超过5%的公司，数量多达137家。何谓 股息率？简单来说，就是投资者购买股票后，仅凭公司分红，一年所能获得的回报率。超过5%的股息率，意味着其收益水平已高于不少银行理财产品。 在A股市场，高分红公司同样受到一部分长期资金的青睐。例如，保险资金、社保基金等对资产的安全性和现金回报有较高要求，因此高股息股票池往往是 其重点配置的方向。对于普通投资者而言，关注股息率也是以一种更为保守的视角来审视公司的质量。一家公司愿意且有能力持续拿出大量利润分给股东， 至少说明其盈利是真实可靠的，且财务状况稳健。 名单中，东方雨虹以高达13.61%的股息率傲居榜首。这意味着，如果在除权除息日前买入该股票，理论上仅靠分红，投资者便可获得超过13%的年度现金回 报。紧随其后的是广汇能源，股息率为12.64%，中谷物流则为12.1 ...

更多资料加入知识星球:水木调研纪要 关注公众号:水木纪要 电商家电专家空调铝代铜专家周日双交流 20260104 摘要 Q&A 2025 年 12 月家电销售情况如何?各品类的同比增长情况如何? 2025 年 12 月是全年销售绝对值最低的一个月份,主要原因是年底收官以及避免 透支 2026 年新年购物季的需求。12 月家电部分总支付金额为 529 亿元，同比下 降 8.3%。分品类来看,空调销售额为 132亿元,同比下降 9.7%;洗衣机销售额 为 85 亿元,同比下降 5.1%;冰箱销售额为 113 亿元,同比下降 10.9%;黑电(如 争 狗 - · 2025 年第四季度家申市场预计同比下降 9%,虽下滑但未恶化。2026年国 补政策范围扩大至超20省,线上线下打通,六大品类均覆盖,但全年资 金或低于 2025年,一级能效/水效产品优先,地方政府和平台商家将增加 补贴。 京东平台 2025 年侧重打破地域壁垒,覆盖一线及农村市场,预计新增 . 3,000-4,000万用户参与国补,与品牌商合作推出定制新品,提供送装一 体服务。上半年超 1 亿人次享受京东平台优惠政策。 近期家电销售额增长,前三天近 10 ...

12月31日，CCTV-13《新闻直播间》聚焦海尔青岛中央空调互联工厂，用镜头记录下这座工厂的数字化 变革实践。作为工信部首批认定的领航级智能工厂，海尔智慧楼宇通过全流程数字化升级，实现人工效 率提升35%，交付周期缩短30%以上，为中国制造业智能化转型树立了标杆。 AI技术加持下，定制化订单可实现轻松换产。该工厂70%订单是定制化产品，涉及到的集成平台有2000 多个设备和型号。在传统工厂里，换一种型号，往往意味着停线、调设备。但在这里，系统会提前完成 参数切换，关键工序的设备能够实时调整对应操作，让不同订单能够在同一条产线上连续生产。 海尔中央空调互联工厂质量负责人李元明表示，定制化方案既服务国内重点行业，也成功输出至国际市 场，彰显了中国智造的全球竞争力。其核心的磁气悬浮中央空调，已经达到世界领先水平，节能效率高 达50%行业最高，在迪拜世博会中国馆、马来西亚数据中心等全球项目中均有应用。 走进工厂，接入AI生产系统的AGV小车成为记者的"专属向导"。不同于传统工厂的固定路线，这些智 能小车会根据订单需求的变化，自动完成物料配送。在这里，客户需求会被直接转化为云上数据，进入 系统、生成方案、驱动设备，生 ...

其中，国际业务板块被中国家电巨头美的集团收购。根据交易条款，锐珂医疗向美的出售了其在美国以 外多个市场运营的全资企业实体的部分资产，具体交易金额未对外披露。 （锐珂医疗官方网站） 近日，美国锐珂医疗（Carestream Health, Inc.）正式宣布完成重大战略重组，公司成功分拆为两家聚焦 不同地域市场的独立企业。 ...

12月31日，海尔与巴黎圣日耳曼(大巴黎)联合打造的新年TVC全球同步上线，并在13个国家的地标大屏 同步展播。海尔的身影伴随着赛场的激情，点亮了跨年夜的星空。这场跨越国界的品牌盛宴，不仅实现 了海尔全球范围的高效曝光，更是其以体育营销赋能全球化战略的生动落地。 深耕体育营销!赋能海尔全球增长 事实上，这场冠军联动并非偶然，而是海尔深耕体育营销、助力全球化拓展的必然成果。早在2003年， 海尔便与英国著名的鲨鱼橄榄球队开启合作，正式踏上体育营销探索之路。历经二十余年深耕，海尔已 构建起覆盖网球、足球、排球、羽毛球、板球、篮球、赛车、曲棍球等多元运动领域的体育交互体系。 通过赛事合作、品牌展示、社区互动等丰富形式，海尔以全球通用的"体育语言"打破文化壁垒，让产品 硬实力与品牌理念在赛事激情中自然传递、深入人心，为全球化市场拓展筑牢品牌根基。 正是这份对体育营销的长久坚持，让海尔在世界舞台上的声量持续攀升，推动品牌在全球竞争中始终保 持领先地位。这份坚持与布局，也转化为实实在在的业绩：在东南亚，泰国、越南白电销量份额均稳居 第一;在欧洲，海尔白电份额位列中企第一;在澳洲，海尔、斐雪派克双品牌大白电稳居TOP1;在 ...

Core Insights - The National Development and Reform Commission and the Ministry of Finance have issued a notice for the implementation of a large-scale equipment update and consumer goods replacement policy for 2026, with a focus on optimizing and upgrading the "Two New" work [1] Group 1: Policy Implementation - A total of 625 billion yuan in special bonds will be allocated to support the consumer goods replacement program, with funds being distributed ahead of the peak consumption seasons [1] - The policy will expand support for equipment updates in various sectors, including public safety, elderly care, and commercial facilities, to better meet public needs [1][2] Group 2: Consumer Subsidies - The policy will provide subsidies for scrapping and replacing vehicles, offering 12% of the purchase price (up to 20,000 yuan) for new energy vehicles and 10% (up to 15,000 yuan) for fuel vehicles with an engine size of 2.0 liters or less [2] - For household appliances, consumers will receive a 15% subsidy on the purchase price (up to 1,500 yuan) for energy-efficient products such as refrigerators, washing machines, and air conditioners [2][3] Group 3: Digital and Smart Products - The policy will also support the purchase of digital and smart products, providing a 15% subsidy (up to 500 yuan) for items like smartphones and smartwatches, with a focus on expanding the range to include smart glasses [3]

Group 1 - The core viewpoint of the articles highlights the significant impact of the "trade-in for new" policy on consumer spending and economic growth, projecting a sales volume exceeding 2.6 trillion yuan by 2025, benefiting over 360 million people [1][2] Group 2 - In the automotive sector, over 11.5 million vehicles are expected to be traded in, with nearly 60% being new energy vehicles, contributing to a retail market share of over 50% for new energy passenger cars for nine consecutive months [1] - The home appliance sector anticipates over 129 million units to be traded in, with over 90% of new products being first-class energy efficiency [1] - The retail sales of consumer goods increased by 4.0% year-on-year in the first eleven months of the previous year, with the trade-in policy contributing over 1 percentage point to this growth [1] Group 3 - The policy is expected to promote a green economic transformation, with a projected 24.5% increase in scrapped vehicle recovery by 2025, leading to the recycling of approximately 9.6 million tons of steel and 1.3 million tons of non-ferrous metals, while reducing carbon emissions by about 24.5 million tons [1] - Since the full implementation of the policy in September 2024, over 480 million direct subsidies have been issued to consumers, facilitating the entry of numerous green, low-carbon, and smart products into daily life [2] Group 4 - The trade-in policy has stimulated offline retail, with consumers increasingly opting for in-store experiences, leading to a 30% increase in consumer spending in areas with concentrated home appliance trade-in stores [2]

Market Overview - The Hong Kong stock market opened strong on the first trading day of 2026, with the Hang Seng Technology Index rising over 3.5% and the Hang Seng Index increasing by more than 2% [1] - Key sectors such as semiconductors, internet giants, home appliances, and automobiles showed significant gains, driven by favorable policies [1] Semiconductor Sector - The semiconductor sector experienced a collective surge, with companies like Hua Hong Semiconductor rising over 10% and SMIC increasing by more than 5% [1] - Hua Hong Semiconductor announced plans to acquire a 97.4988% stake in Huali Micro for a transaction price of 8.268 billion yuan, aiming to enhance its 12-inch wafer foundry capacity [2] - The semiconductor industry is benefiting from a price surge in the supply chain, sustained AI demand, and a strengthened domestic substitution logic [2] Internet Sector - Internet giants such as Baidu, NetEase, Tencent, and Alibaba saw significant stock price increases, with Baidu rising over 8% following its announcement to spin off Kunlun Chip for an independent listing on the Hong Kong Stock Exchange [3] - The move to list Kunlun Chip is expected to stimulate Baidu's stock performance further [3] Home Appliances and Automotive Sector - The home appliance and automotive sectors are also experiencing strong performance, supported by government policies promoting the replacement of old appliances and vehicles [3] - The National Development and Reform Commission and the Ministry of Finance announced continued subsidies for vehicle scrappage and replacement, as well as for home appliance upgrades, which are expected to boost domestic consumption [4] - Analysts suggest that the continuation of these policies will stabilize the automotive market and alleviate consumer hesitation, benefiting companies in the new car cycle and those focusing on high-end and intelligent products [5]

Core Viewpoint - The Hong Kong stock market experienced a strong opening on the first trading day of 2026, with significant gains in various sectors, particularly in technology, home appliances, and automotive, driven by favorable policies and market dynamics [1][2]. Semiconductor Sector - The semiconductor sector saw a collective surge, with notable increases in stock prices: Huahong Semiconductor rose over 10%, SMIC increased by over 5%, and Shanghai Fudan gained over 4% [2]. - Huahong Semiconductor announced plans to acquire a 97.4988% stake in Huahong Micro for a transaction price of 8.268 billion, aiming to enhance its 12-inch wafer foundry capacity [2]. - The semiconductor industry is benefiting from a price surge in the supply chain, sustained AI demand, and a strengthened domestic substitution logic, indicating a structural market trend [3]. Internet, Home Appliances, and Automotive Sectors - Major internet companies like Baidu, NetEase, Tencent, and Alibaba saw significant stock price increases, with Baidu rising over 8% following its announcement to spin off Kunlun Chip for independent listing on the Hong Kong Stock Exchange [4]. - The home appliance sector is expected to benefit from the continuation of the "old-for-new" policy, which includes subsidies for replacing old appliances, thus stabilizing domestic consumption [5]. - The automotive sector is also poised for recovery due to supportive policies, with a focus on high-end, intelligent, and export-oriented vehicles, as well as components related to automotive technology [5].

2026年1月2日南方都市报A01版 ·汽车以旧换新补贴方式：从定额补贴调整为根据新车含税成交价进行补贴（设有上限）。 ·汽车报废更新方面：个人消费者报废符合条件旧车并购置新车，新能源乘用车补贴比例为12%，最高2 万元，燃油乘用车补贴比例为10%，最高1.5万元。 广汽集团在京东MALL的新年车展现场，一辆崭新的广汽埃安i60新能源SUV完成了补贴核销手续，标 志着全国首单汽车"国补"亦在广州诞生。 "前不久还因为错过了25年以旧换新补贴感到很'蚀底'，没想到还可以赶上了26年的最新政策，非常高 兴。"市民郑先生开心地说道。 2026年1月1日零时起，广州市正式启动实施2026年消费品以旧换新补贴政策。 ·个人消费者购买手机、平板、智能手表手环、智能眼镜等4类数码产品（单件销售价格不超过6000 元），按产品销售价格的15%给予补贴，每位消费者每类产品可补贴1件，每件补贴最高500元。 ·以旧换新活动同样覆盖1级能效或水效标准的冰箱、洗衣机、电视、空调、电脑、热水器等6类家电产 品。 "新年零点一过就下单了！" 2026年1月1日零点，广州京东MALL店内，市民吴女士成功下单一台心仪的手机，成为2026年全 ...