【文/观察者网 熊超然】"中国在稀土供应链上的成功，改变了贸易谈判中的力量平衡。" 当地时间6月8日，英国《金融时报》围绕这一观点，同时援引分析人士和商界人士报道指出，中国掌握着关键矿产供应链的主导权， 在美国总统特朗普咄咄逼人滥施关税后，中方出台一系列稀土出口管制，这不仅给美方带来了压力，还为中方提供了对美博弈的筹 码，更表明中方有能力对更为广泛的关键商品实施出口管制措施。 分析人士指出，出口管制不仅帮助中国反制了美国，还打击了那些迫于美国压力而对中国采取更强硬立场的第三国，而在稀土出口管 制方面发现杠杆作用后，中国未来还可以将这种方式复制到高科技供应链的其他领域，比如：针对美方可能进一步收紧的芯片管制， 将钛、镁和轻稀土等材料也纳入出口许可制度中。 此外，中国还在新型超强磁铁、晶体管、电池、新型芯片和软件等生产方面具有主导地位，在电动汽车和自动驾驶汽车、无人机、机 器人、传感器、智能手机等领域构建了"强大的产业协同生态系统"，以及相应的半导体、电池和人工智能技术。"杠杆平衡正迅速向有 利于中国的方向倾斜，特朗普和他的团队才刚刚开始意识到这一事实。"一名分析人士表示。 江苏连云港等待出口的稀土 路透社 今年 ...

2025.06.09 精选行业研报，助您捕捉行业风口 【精选快读】 1、创新药产业迎来密集催化，医药行情或将持续性修复 2、稀土价格有望温和上涨，板块或迎来估值提升、利润增厚双击 1、创新药产业迎来密集催化，医药行情或将持续性修复 导读 ： 创新药迎来密集催化；稀土价格有望温和上涨 ； 解锁【第一财经智享会员】实时解读市场 动态，把握投资先机。 近期，创新药产业迎来密集催化。5月2 9日，中国创新药领域迎来历史性时刻。当日，国家药品监 督管理局集中批准11款创新药上市，其中7款为1类创新药。 【第一财经智享会员专属】 【 今 日 速 读 】 中信建投指出，中国药企持续发力，创新度持续提升，持续看好创新药产业技术驱动周期，建议持 续关注双抗及多抗、ADC及小分子疗法等领域相关企业。 中 国 银 河 证 券 表 示 ， 医 药 板 块 经 历 较 长 时 间 调 整 ， 整 体 估 值 处 于 较 低 水 平 ， 且 公 募 持 仓 低 配 ， 2 0 2 5 年 在 支 持 引 导 商 保 发 展 的 政 策 背 景 下 ， 支 付 端 有 望 边 际 改 善 ， 创 新 药 械 有 望 获 益 。 医 药 行 ...

A股三大指数今日高开高走，截至收盘，沪指涨0.43%，一度站上3400点，收3399.77点，深 成指涨0.65%，创业板指涨1.07%。全市场成交额13126亿元，较上日放量1355亿元。全市场 超4100只个股上涨。 今天盘面上生物医药板块"霸榜"， A股概念板块涨幅榜前列被多个医药行业细分板块"占领"， 减肥药、CRO概念、创新药、毛发医疗、阿尔茨海默概念等板块涨幅排在前列。车圈大佬周末 大打口水仗，今天汽车板块虽然表现平淡，但是仍有较高关注度。 一起来看今天的热点。 01 强势霸榜，生物医药领涨两市！ 生物医药板块 今日表现强劲，创新药方向成为市场焦点。板块指数放量大涨逾4%，创下历史 新高。星昊医药冲击30%涨停，海辰药业、睿智医药等多股触及20cm涨停板，众生药业等近 20只个股强势涨停 或涨超10%。 此外， 常山药业自从4月9日最低点15.75元至今，两个月股价涨幅超过200%，2023年8月股 价最低4.3元，至今涨超十倍，强势领涨创新药板块。 常山药业近期大涨主要是受到其减肥药预期的推动。艾本那肽是常山药业以控股子公司常山凯 捷健为主体进行研发注册的1类创新药，作为一种长效胰高血糖素样肽- ...

Core Viewpoint - The article discusses China's strategic maneuvering in the rare earth and aviation sectors, highlighting a shift from merely exporting raw materials to leveraging technology and market access for industrial advancement. Group 1: Rare Earth Industry - China holds 90% of global crude gallium production but has faced challenges in high-end purification, prompting a recent temporary export permit to U.S. automakers as a strategic move [3] - A breakthrough in 7N high-purity gallium production technology by a team from Guangxi University has reduced the purification cycle from 7 days to 48 hours, allowing China to transition from "selling ore" to "selling technology" [3] - The export permit is temporary and subject to real-time regulation by Chinese authorities, with a tiered release strategy already benefiting European and Vietnamese companies [3] - Upgrades in rare earth production areas in Jiangxi and Yunnan are ensuring resources are directed towards high-end sectors like new energy vehicles and photovoltaics [3] Group 2: Aviation Industry - The recent acceptance of a Boeing 737MAX by Xiamen Airlines, previously returned due to tariff issues, reflects a strategic timing to bolster domestic aircraft manufacturing [6] - The current domestic aircraft C919 has a 60% localization rate, with core components still reliant on imports; the pause in accepting Boeing aircraft allowed for accelerated development of domestic composite materials [6] - Boeing has a backlog of 130 orders from China, and the resumption of deliveries helps avoid a gap in air transport capacity while China seeks technology transfer from Boeing to enhance its domestic maintenance capabilities [8] - The reduction of tariffs from 125% to acceptable levels has made Boeing aircraft more financially viable for China, with the CEO noting that most tariffs can be recouped upon export [9] Group 3: Strategic Implications - The apparent concessions in rare earth exports and Boeing aircraft acceptance are part of a broader strategy for China to maintain leverage while advancing its manufacturing capabilities [11] - Chinese companies are relocating rare earth processing to Malaysia and Australia to mitigate trade risks, indicating a shift in the supply chain dynamics [11] - Despite ongoing U.S. technology restrictions on the C919, domestic orders are projected to extend to 2030, with the resumption of Boeing deliveries providing a critical five-year window for supply chain development [11] - The strategic approach of selectively easing restrictions while retaining key resources illustrates a sophisticated balance of power in international trade [13]

Group 1 - The "Two Rare Earth Bases" construction has achieved significant results, with Baotou's rare earth industry output exceeding 100 billion yuan, a 63.3% increase from 2022 [1][3] - The raw material supply capacity has been enhanced, with the Baiyun Obo mine included in the national mineral exploration initiative and the completion of a 100,000-ton green smelting upgrade project [3] - Baotou has established the largest rare earth new materials base in China, with 10 out of the top 15 magnetic material companies now located there [3] Group 2 - The rare earth permanent magnet motor industry park has seen 22 companies settle in less than a year, marking a significant step towards becoming a global leader in rare earth applications [3] - The establishment of innovation platforms has led to the creation of 13 national-level rare earth innovation platforms and the cultivation of 55 national high-tech enterprises, doubling the numbers from 2022 [3][5] - Baotou aims to achieve a rare earth industry output of 130 billion yuan this year, leveraging technological innovation and policy support to strengthen the industry [4][5]

A股市场和港股市场今天（6月9日）上午盘中均明显走强，其中A股市场上证指数盘中一度突破3400点整数关口，生物医药板块领涨。 非银金融板块大幅上涨。信达证券、永安期货、南华期货盘中触及涨停。另外，东兴证券、弘业期货、中国银河、瑞达期货、光大证券等多股跟涨。消息面上，近 日证监会官网披露，长城国瑞证券、东兴证券、信达证券、东兴基金、信达澳亚基金、长城期货、东兴期货、信达期货的变更实际控制人申请文件已获核准，中央 汇金投资有限责任公司成为其实际控制人。 家用电器、有色金属等板块上午盘中走低。 概念板块方面，CXO概念、减肥药概念等概念板块涨幅居前。 5月CPI和PPI出炉。国家统计局今天发布的数据显示，2025年5月份，全国居民消费价格同比下降0.1%。其中，城市持平，农村下降0.4%；食品价格下降0.4%，非食 品价格持平；消费品价格下降0.5%，服务价格上涨0.5%。1—5月平均，全国居民消费价格比上年同期下降0.1%。 5月份，全国居民消费价格环比下降0.2%。其中，城市下降0.2%，农村下降0.2%；食品价格下降0.2%，非食品价格下降0.2%；消费品价格下降0.3%，服务价格持 平。 A股市场今天上午盘 ...

Group 1 - The rare earth sector experienced significant gains on September 9, with companies like Jiuling Technology rising over 16% and Zhongke Magnetic Industry increasing nearly 14% [1] - The Ministry of Commerce of China indicated a growing demand for medium and heavy rare earths in civilian applications due to the development of industries such as robotics and new energy vehicles [1] - China has approved a certain number of compliant export license applications for rare earths and aims to strengthen communication regarding export controls to facilitate compliant trade [1] Group 2 - According to Founder Securities, the rare earth industry is showing signs of supply-demand improvement due to factors such as tightening supply, reform of indicator systems, and stable overall demand from downstream sectors [1] - The introduction of export control policies for medium and heavy rare earths in April led to a supply-demand imbalance in overseas markets, causing a surge in rare earth prices [1] - With the gradual easing of these control policies since mid-May, there is potential for aggressive restocking in overseas markets, which may lead to a convergence of price differences between domestic and international markets for medium and heavy rare earths [1] Group 3 - Future attention should be paid to the issuance of rare earth quotas in China this year and the demand situation overseas as export controls on medium and heavy rare earths ease [2] - It is expected that rare earth prices may continue to rise moderately, benefiting the profitability recovery of related equity sectors [2] - Investment opportunities are suggested in companies such as Guangsheng Youse, Northern Rare Earth, Shenghe Resources, China Rare Earth, Zhenghai Magnetic Materials, Ningbo Yunsheng, and Jinli Permanent Magnet [2]

智通财经6月9日电，中国5月稀土出口5864.6吨，1至5月累计出口24827吨，比上年同期增长2.3%。 ...

资料图（REUTERS） 用于高性能磁铁的镝和铽的价格5月份环比涨至3倍，刷新了最高价，6月份仅小幅下降，仍处 于高点附近。由于中国与美国的对立激化，中国4月启动出口管制，稀土短缺感一下子增 强…… 日经中文网 https://cn.nikkei.com 纯电动汽车（EV）和风力发电所等所必需的稀土的价格处于历史最高点附件。用于高性能磁 铁的镝和铽的价格5月份环比涨至3倍，刷新了最高价，6月份仅小幅下降，仍处于高点附近。 由于中国与美国的对立激化，中国4月启动出口管制，稀土短缺感一下子增强。很多观点认为 一段时间内价格仍将居高不下。 版权声明：日本经济新闻社版权所有，未经授权不得转载或部分复制，违者必究。 英国调查公司阿格斯媒体（Argus Media）汇总了作为中国以外价格指标的欧洲的6月上旬价 格。截至4日，镝和铽分别比上月下跌12%和5%，仍处于有可比数据的2015年5月以来的最 高附近。 ...

Group 1 - The core viewpoint of the news highlights the recent surge in the rare earth permanent magnet sector, driven by export control measures and market dynamics [1][2] - The A500 Index ETF (159351) has shown a positive performance, with a 0.62% increase and a trading volume exceeding 2 billion yuan, indicating strong investor interest [1][2] - The rare earth industry is experiencing a supply tightening and price stabilization, with expectations for moderate price increases benefiting equity sector profitability [2] Group 2 - The A500 Index ETF closely tracks the CSI A500 Index, which includes 500 representative stocks across various industries, balancing large-cap stocks with core industry leaders [2] - The A-share market is seen as having the potential for a bull market, driven by increasing household asset allocation towards equities and improvements in corporate governance and shareholder returns [3] - The overall profitability of Chinese enterprises is expected to rise, with a historical supply clearing cycle anticipated, indicating a shift towards higher value sectors [3]