南方财经1月29日电，南财投研通数据显示，1月28日，券商给予上市公司目标价共11次，按最新收盘价 计算，目标价涨幅排名居前的公司有赣锋锂业、若羽臣，目标价涨幅分别为50.62%、48.04%，分别属 于能源金属和互联网电商行业。从券商推荐家数来看，1月28日有18家上市公司得到券商推荐，其中经 纬恒润获得3家推荐，若羽臣获得2家推荐，华电科工等获得1家推荐。查看原文：18股获推荐，赣锋锂 业目标价涨幅超50%丨券商评级观察刚刚 ...

Core Viewpoint - The energy metals sector experienced a rise of 1.82% on January 28, with significant contributions from companies like Boqian New Materials, which led the gains with a 7.23% increase in share price [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4151.24, up by 0.27%, while the Shenzhen Component Index closed at 14342.9, up by 0.09% [1]. - The energy metals sector saw notable individual stock performances, with Boqian New Materials closing at 89.54, up 7.23%, and Sairui Diamond Industry at 54.03, up 6.95% [1]. Group 2: Trading Volume and Value - Boqian New Materials had a trading volume of 168,000 shares, resulting in a transaction value of 1.453 billion yuan [1]. - Sairui Diamond Industry recorded a trading volume of 346,400 shares, with a transaction value of 1.830 billion yuan [1]. Group 3: Capital Flow - The energy metals sector saw a net inflow of 982 million yuan from institutional investors, while retail investors experienced a net outflow of 670 million yuan [2]. - The capital flow data indicates that Huayou Cobalt had a net inflow of 581 million yuan from institutional investors, representing 8.99% of its total trading [3].

Core Viewpoint - Ganfeng Lithium has shown a significant increase in stock price and trading volume, indicating strong market interest and potential growth in the lithium sector [1][2]. Group 1: Stock Performance - As of January 28, Ganfeng Lithium's stock price rose by 2.00% to 74.37 CNY per share, with a trading volume of 3.786 billion CNY and a turnover rate of 4.30%, resulting in a total market capitalization of 155.931 billion CNY [1]. - Year-to-date, Ganfeng Lithium's stock has increased by 18.25%, with a 5-day increase of 5.70%, a 20-day increase of 13.85%, and a 60-day increase of 8.86% [1]. Group 2: Financial Performance - For the period from January to September 2025, Ganfeng Lithium achieved a revenue of 14.625 billion CNY, representing a year-on-year growth of 5.02%, while the net profit attributable to shareholders was 25.52 million CNY, reflecting a substantial increase of 103.99% [2]. Group 3: Shareholder Information - As of September 30, 2025, Ganfeng Lithium had 372,500 shareholders, an increase of 31.18% from the previous period, with an average of 3,243 circulating shares per person, down by 23.77% [2]. - The company has distributed a total of 6.162 billion CNY in dividends since its A-share listing, with 3.933 billion CNY distributed over the last three years [3]. - Notable changes in institutional holdings include a decrease in shares held by Hong Kong Central Clearing Limited and other ETFs, while new entries include the Guangfa National Certificate New Energy Vehicle Battery ETF [3].

证券研究报告·公司点评报告·能源金属 雅化集团（002497） 2025 年业绩预告点评：锂价上涨贡献弹性， 民爆业务稳健增长 买入（维持） | [Table_EPS] 盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 11,895 | 7,716 | 8,037 | 17,781 | 23,486 | | 同比（%） | (17.72) | (35.14) | 4.17 | 121.24 | 32.08 | | 归母净利润（百万元） | 40.21 | 257.11 | 647.07 | 2,756.83 | 3,226.78 | | 同比（%） | (99.11) | 539.36 | 151.67 | 326.05 | 17.05 | | EPS-最新摊薄（元/股） | 0.03 | 0.22 | 0.56 | 2.39 | 2.80 | | P/E（现价&最新摊薄） | 720.52 | 112.69 | 44.78 | 10.51 | 8.98 ...

Market Overview - The three major A-share indices collectively rose today, with the Shanghai Composite Index up 0.18% closing at 4139.90 points, the Shenzhen Component Index up 0.09% at 14329.91 points, and the ChiNext Index up 0.71% at 3342.60 points [3] - The total trading volume in the Shanghai and Shenzhen markets was 29.217 trillion yuan, a decrease of 359.3 billion yuan compared to the previous day [3] Market Indicators - Key indicators to assess market cooling include index movements, individual stock performance, and trading volume [4] - Despite a significant drop in the morning, all indices managed to recover by the close, indicating resilience in the market [4] - Approximately 1800 stocks rose while about 3200 fell by the end of the day, with a peak of 4400 stocks declining during the session [4] Sector Performance - The commercial aerospace and photovoltaic sectors showed a V-shaped reversal, recovering after significant morning declines [5] - Strong sectors included precious metals, semiconductors, and insurance stocks, while banking and securities sectors faced declines [5] - The market saw a significant outflow of funds from the non-ferrous sector, while semiconductor hardware stocks attracted substantial inflows [5] Trading Volume and Market Sentiment - Today's market trading volume was 2.88 trillion yuan, a notable decrease from over 3 trillion yuan in previous days, reflecting cautious trading sentiment [5] - The recent rise in the market is viewed as a B-wave rebound, with expectations of further declines following this rebound [5] Regulatory Environment - Recent discussions around the "Dragon and Tiger List" indicate that regulatory authorities will focus on improving and refining the system rather than abolishing it [6] - The management has recognized the misuse of the list for profit-making and is expected to implement targeted regulatory measures [6] Investment Strategy - The core principle for current market operations is to "go with the flow," emphasizing the importance of understanding regulatory intentions and market dynamics [7] - Investors are advised to align their strategies with market trends to avoid significant asset depreciation, even in a narrow trading range around 4100 points [7]

证券之星消息，1月27日能源金属板块较上一交易日下跌2.32%，藏格矿业领跌。当日上证指数报收于 4139.9，上涨0.18%。深证成指报收于14329.91，上涨0.09%。能源金属板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | --- | | 605376 | 博迁新材 | 83.50 | 5.96% | | 12.76万 | | 10.51亿 | | 002460 | 赣锋锂业 | 72.91 | -0.99% | | 65.44万 | | 47.80亿 | | 002756 | 永兴材料 | 55.16 | -1.06% | | 20.85万 | | 11.31亿 | | 002466 | 天齐锂业 | 61.00 | -1.15% | | 54.44万 | | 32.96ZZ | | 002192 | 融捷股份 | 58.87 | -1.67% | | 17.16万 | | 10.01亿 | | 002240 | 盛新锂能 | 39.43 | -1 ...

Group 1: Precious Metals - Precious metal prices continue to rise due to geopolitical events in North America, increasing investor concerns over the US dollar and treasury bonds, benefiting from dollar depreciation and safe-haven demand [1] - Looking ahead to 2026, central bank gold purchases and the increase in gold ETF holdings are expected to support gold prices [1] - For silver, the London silver leasing rate has decreased, but US silver inventory is declining rapidly [1] Group 2: Copper and Aluminum - Copper prices are expected to remain strong due to a "hard shortage" and "soft coercion," with supply disruptions from strikes in Chile affecting major copper mines [2] - The market is also reacting to potential changes in US monetary policy, particularly regarding interest rate expectations [2] - Aluminum prices are maintaining high levels due to strong macroeconomic performance, with daily production increasing from new projects in China and Indonesia [2] Group 3: Energy Metals and Rare Earths - Lithium production is experiencing seasonal declines, with continuous inventory depletion, while battery product export tax rebates are expected to decrease, potentially front-loading battery demand [3] - Cobalt prices remain high due to tight upstream raw material supply, while cobalt companies are extending their reach into downstream electric new energy sectors [3] - Rare earth prices have slightly retreated, but overall market sentiment is stabilizing, with limited downside potential for prices [3] Group 4: Strategic Metals - Tungsten prices are reaching new highs, supported by extreme tightness in supply, with strategic value being reassessed due to its applications in defense and high-end manufacturing [3] - Uranium supply remains rigid, and the development of nuclear power is expected to create a persistent supply-demand gap, leading to potential price increases [3]

Core Viewpoint - The energy metals sector experienced a 0.63% increase on January 26, with Shengtu Mining leading the gains, while the Shanghai Composite Index fell by 0.09% and the Shenzhen Component Index decreased by 0.85% [1]. Group 1: Market Performance - The energy metals sector's individual stock performance showed significant variations, with Jidian Mining closing at 18.18, up by 5.09%, and Ganfeng Lithium down by 0.31% at 73.64 [1]. - The trading volume for Jidian Mining reached 2.0884 million shares, with a transaction value of 3.744 billion [1]. - The overall market saw the Shanghai Composite Index close at 4132.61 and the Shenzhen Component Index at 14316.64 [1]. Group 2: Capital Flow - The energy metals sector saw a net inflow of 98.6035 million in main funds, while retail funds experienced a net outflow of 34.3477 million [2]. - The main funds' net inflow for Huayou Cobalt was 26.8 million, while it faced a net outflow of 78.5894 million from speculative funds [3]. - The capital flow data indicates that the sector is attracting institutional investment despite some outflows from retail investors [2][3].

资金流向方面，主力资金净流入2999.88万元，特大单买入6584.80万元，占比9.20%，卖出4566.58万 元，占比6.38%；大单买入1.79亿元，占比24.98%，卖出1.69亿元，占比23.60%。 融捷股份今年以来股价涨16.00%，近5个交易日涨10.31%，近20日涨13.95%，近60日涨24.54%。 资料显示，融捷股份有限公司位于广东省广州市天河区珠江西路5号广州国际金融中心45层04-05单元， 成立日期1998年8月21日，上市日期2007年12月5日，公司主营业务涉及以新能源锂电材料产业链为主 体,主要包括锂矿采选、锂盐加工及冶炼、锂电设备制造等业务,并参股镍钴锂湿法冶炼及深加工、锂电 池正极材料等业务板块。主营业务收入构成为：锂精矿86.31%，锂电池设备12.76%，锂盐0.66%，其他 0.28%。 1月26日，融捷股份盘中下跌2.02%，截至11:01，报60.03元/股，成交7.16亿元，换手率4.50%，总市值 155.87亿元。 机构持仓方面，截止2025年9月30日，融捷股份十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股525.46万股，相比上期 ...

Core Views - The A-share market showed signs of recovery last Friday, with all three major indices rising, indicating strong internal resilience despite pressure on the Shanghai 50 and CSI 300 indices [3][11] - The report emphasizes a strategy of focusing on individual stocks rather than indices, highlighting structural opportunities and the importance of capturing high-quality targets in high-growth sectors [3][11] Market Overview - Last Friday, the A-share market experienced a rebound, with a total trading volume exceeding 30 trillion yuan, driven by strong performance in sectors such as photovoltaic equipment, energy metals, and commercial aerospace [5][10] - The Shanghai Composite Index closed at 4136.16 points, up 0.33%, while the Shenzhen Component Index and the ChiNext Index also reported gains of 0.79% and 0.63%, respectively [5][10] Weekly Market Review - The three major indices exhibited mixed performance over the past week, with the Shanghai Composite Index rising by 0.83% and the Shenzhen Component Index by 1.11%, while the ChiNext Index fell by 0.34% [6] - The market displayed structural characteristics, with significant movements in sectors such as precious metals, electric grid equipment, and aerospace, while AI applications and banking stocks faced downward pressure [6] Sector Analysis - Precious metals continued to rise due to several factors, including the onset of a Federal Reserve rate cut cycle, increased geopolitical tensions, and strong demand from global central banks [7] - The report notes that the price of gold has been significantly influenced by a weaker dollar and inflation concerns, suggesting that while the upward trend may continue, caution is advised against chasing prices [7] - The renewable energy sector, particularly photovoltaic equipment and energy metals, has shown strong performance, supported by ongoing global efforts to achieve carbon neutrality [8][9] - The commercial aerospace sector is experiencing growth driven by supportive policies and increasing demand for satellite internet applications, with a focus on the development of sustainable business models [10] Future Market Outlook - The report anticipates that the A-share market will maintain its resilience, with a focus on structural opportunities and high-growth sectors, particularly in the context of upcoming annual reports and expected earnings growth [11]