Group 1 - The market experienced a collective rise, with the Shanghai and Shenzhen stock exchanges recording a half-day trading volume of 2.22 trillion, a decrease of 215.5 billion compared to the previous trading day [1] - By midday closing, the Shanghai Composite Index rose by 1.2%, the Shenzhen Component Index increased by 1.98%, and the ChiNext Index surged by 2.24% [2] - Over 4,700 stocks in the market saw an increase, with more than a hundred stocks hitting the daily limit up. The AI application concept has continuously exploded, with software ETFs, Xinchuang ETFs, and related funds rising over 7% [3] Group 2 - The Ministry of Industry and Information Technology released an action plan for the high-quality development of industrial internet platforms, aiming for significant achievements by 2028, including over 450 influential platforms and a connection of over 120 million industrial devices [3] - Jiangsu Province's "Artificial Intelligence+" action plan sets clear goals for AI integration, targeting over 70% application penetration by 2027 and over 90% by 2030, with the AI industry expected to exceed one trillion yuan [4] - Guohai Securities anticipates that with ongoing policy support, leading domestic companies will accelerate their layout in industrial large models and intelligent systems, driving innovation in industrial software and promoting new industrialization [4]

Group 1 - The computer industry is expected to reach a turning point in the second half of 2025, with software revenue growth of 1.61% year-on-year in Q3 2025 and a net profit increase of 244.56%, validating cost reduction and efficiency improvement results [1] - The year 2026 will be crucial for AI applications transitioning from "technology validation" to "commercial promotion," with major players like OpenAI and Google Gemini accelerating their commercialization processes non-linearly [1] - AI infrastructure is critical for determining the cost curve and capability ceiling of AI applications, with leading companies like Databricks and Snowflake showing strong financial data, indicating a strong willingness for investment in data governance and computing power scheduling [1] Group 2 - The AI technology upgrade is driving the commercialization of high-frequency scenarios such as marketing and animated series, with the paid traffic from Douyin's animated series skyrocketing from 0 in H1 2024 to over 10 million per day by August 2025 [1] - In high-barrier sectors like healthcare and manufacturing, application vendors with deep industry know-how, proprietary data assets, and strict compliance qualifications will solidify their core advantages, with AI in healthcare evolving from auxiliary tools to full lifecycle management [1]

Core Viewpoint - The investment outlook for 2026 is characterized by a cautious optimism, emphasizing the importance of maintaining a disciplined approach to valuation and investment selection, particularly in the context of a recovering market after a prolonged downturn [1][10]. Market Performance - In 2025, both A-shares and Hong Kong stocks experienced a slow bull market, with public equity funds averaging over a 30% increase, marking it as a significant year for equities [2]. Market Divergence - The market in 2025 was marked by extreme divergence, with sectors like non-ferrous metals and communication equipment seeing over 60% annual gains, while consumer sectors like food and beverage faced negative returns [3]. AI Investment Trends - The capital expenditure in AI, amounting to hundreds of billions, is primarily concentrated among industry leaders, reflecting a level that corresponds to one or two years of net profits for these giants, indicating resilience despite potential delays in returns [4]. Real Estate and Consumption Recovery - A potential recovery in Chinese real estate and consumer sectors is anticipated, with signs that the most challenging phase for cyclical industries may soon pass, leading to valuation recovery opportunities [5]. Investment Opportunities - The investment landscape for 2026 is expected to broaden, with opportunities not only in non-linear growth sectors like AI but also in cyclical industries that may begin to see valuation corrections [6]. Global Trade Dynamics - Despite geopolitical tensions and trade frictions, China's trade surplus exceeded one trillion dollars in the first eleven months of 2025, showcasing the resilience and global competitiveness of Chinese manufacturing [7]. Re-globalization of Chinese Companies - Many leading Chinese companies are experiencing a "re-globalization" trend, with over 30% of their revenues coming from overseas markets, often growing faster than domestic operations [8]. Key Investment Directions for 2026 - The main investment focuses for 2026 include: 1. Non-linear growth in AI, particularly in storage and connectivity sectors, with an emphasis on AI application investments [9]. 2. Resource products and high-end manufacturing benefiting from re-industrialization and re-globalization [9]. 3. Valuation recovery opportunities in traditional industries such as chemicals and consumer goods [9]. Investment Mindset - The investment approach for 2026 will prioritize a "steady" mindset, emphasizing the importance of learning from past market experiences and maintaining a disciplined valuation strategy [10].

截至2026年1月14日 11:30，上证科创板100指数(000698)强势上涨3.57%，成分股中科星图上涨17.50%， 云从科技上涨11.32%，合合信息上涨9.58%，拉普拉斯，国盾量子等个股跟涨。科创100ETF华夏 (588800)上涨3.66%，最新价报1.56元。 早盘商业航天、AI应用两大概念领涨，软件板块掀起涨停潮，消息面上，1月12日，谷歌宣布与沃尔 玛、塔吉特、Wayfair、Etsy等全球头部零售商达成合作，并正式开源面向电商领域的AI智能体协议通 用商业协议。 中邮证券表示，我国大模型产业已进入系统化布局与生态构建阶段，在算法、算力、数据、资本及政策 共同推动下，国产大模型有望在2026年前后实现从"并跑"到部分领域"领跑"的跨越，在全球AI竞争中占 据关键地位，重点关注互联网、Agent及算力产业链的发展机遇。资料显示，科创100ETF华夏 （588800）紧密跟踪上证科创板100指数，从科创板中选取除科创50之外，市值中等且流动性较好的100 只证券作为样本，是科创板第一只，也是唯一一只中盘风格指数，聚焦高成长科创黑马，成长风格较为 极致。（场外联接A类：020291/C类： ...

【导读】AI应用方向爆发，狂掀涨停潮 中国基金报记者 李智 一起来看下上午的市场情况及最新资讯。 1月14日上午，A股市场持续走高，创业板指拉升涨逾2%。截至午间收盘，沪指涨1.2%，深 成指涨1.98%，创业板指涨2.24%。全市场超4700只个股上涨，超百股涨停。 | 上证指数 | 深证成指 | 北证50 | | | --- | --- | --- | --- | | 4188.24 | 14449.57 | 1611.99 | | | +49.48 +1.20% +280.18 +1.98% +46.41 +2.96% | | | | | 科创50 | 创业板指 | 万得全A | | | 1524.03 | 3396.35 | 6900.67 | | | +54.46 +3.71% +74.47 +2.24% +128.08 +1.89% | | | | | 沪深300 | 中证500 | 中证A500 | | | 4812.48 | 8360.89 | 5990.97 | | | +51.45 +1.08% +217.61 +2.67% | | +89.76 +1.52% | | | 中证1000 | ...

| 上证指数 | 深证成指 北证50 | | --- | --- | | 4188.24 | 14449.57 1611.99 | | +49.48 +1.20% +280.18 +1.98% +46.41 +2.96% | | | 科创50 | 创业板指 万得全A | | 1524.03 | 3396.35 6900.67 | | +54.46 +3.71% +74.47 +2.24% +128.08 +1.89% | | | 沪深300 | 中证500 中证A500 | | 4812.48 | 8360.89 5990.97 | | +51.45 +1.08% +217.61 +2.67% +89.76 +1.52% | | | 中证1000 | 深证100 中证红利 | | 8410.43 | 6000.77 5613.55 | | +207.29 +2.53% +81.79 +1.38% +21.58 +0.39% | | | 万得全A涨跌分布 | | | 跌575 | 涨4753 | | 成交额2.25万亿 | 预测成交额3.50万亿,缩2023亿 | 从板块来看，AI应用方向领涨市场，互联网、软件 ...

【导读】AI应用方向爆发，狂掀涨停潮 一起来看下上午的市场情况及最新资讯。 1月14日上午，A股市场持续走高，创业板指拉升涨逾2%。截至午间收盘，沪指涨1.2%，深成指涨1.98%，创业板指涨2.24%。全市场超4700只个股上涨， 超百股涨停。 从板块来看，AI应用方向领涨市场，互联网、软件、文化传媒等板块涨幅居前，多元金融、半导体、AI医疗等板块表现活跃；保险、锂矿、银行等板块 震荡调整。 港股方面，恒生科技指数涨超1%，阿里健康涨超14%，金山软件、快手、华虹半导体等均涨超5%。 此外，软件板块狂掀涨停潮，流金科技30%涨停，科大国创（300520）、通达海（301378）、三维天地（301159）等多股实现20%涨停，金桥信息 （603918）、格尔软件（603232）、云鼎科技（000409）等多股涨停。 消息面上，近日，工信部印发《推动工业互联网平台高质量发展行动方案（2026—2028年）》，其中提出，到2028年，工业互联网平台高质量发展取得积 极成效，"专业型+行业型+协作型"多层次平台体系持续壮大，具有一定影响力的平台超450家；平台的要素资源链接能力大幅增强，重点平台的数据增 值、模型沉 ...

（责任编辑：刘静 HZ010） 电网ETF回撤昨日高溢价，收跌3.35%。跨境ETF跌幅居前，道琼斯ETF、纳指生物科技ETF分别跌 0.86%和0.84%。 截至午盘，上证指数涨1.2%，深证成指涨1.98%，创业板指涨2.24%，北证50涨2.96%。全市场成交 额22459亿元，较上日成交额缩量2224亿元。 板块题材上，医疗服务、AI应用、互联网金融板块活跃， 银行板块调整。 ETF方面，互联网金融板块强势领涨，金融科技ETF富国、金融科技ETF兴业和金融科技ETF华夏 分别涨8.67%、7.84%和7.75%。软件板块表现亮眼，华安基金软件ETF基金、华宝基金信创ETF基金分 别涨7.76%、7.69%。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

Group 1 - Oppenheimer has downgraded Adobe's rating from "Outperform" to "Market Perform" due to disappointing growth in its Digital Media business, which is expected to slow further in fiscal year 2025 [1] - The analyst Brian Schwartz noted that while Adobe has good mid-term opportunities and a low stock price, challenges during the AI transition period have led to mediocre revenue growth and concerns about the sustainability of its competitive advantages [1] - Recent downgrades from other financial institutions, including Bank of Montreal and Jefferies, reflect a broader trend of declining investor interest in software stocks amid the AI wave [1] Group 2 - Oppenheimer remains optimistic about several software companies, including Microsoft, Salesforce, ServiceNow, and Agilysys, indicating potential for better performance in the AI market [2] - Microsoft Azure is expected to perform better in the second half of fiscal year 2026 as new data center capacities expand [2] - ServiceNow and Salesforce are seen as key investments in the AI market, needing to demonstrate their value to investors through effective execution and acquisitions [2]

Group 1 - The "Spring Breeze" recruitment event in Wuhan, part of the city's employment guarantee initiative for 2026, aims to provide over 4,000 job positions across various sectors, including software, automotive, and high-end equipment manufacturing, with some positions offering monthly salaries exceeding 30,000 yuan [4][11][30] - The event features participation from 80 quality companies, including Kingsoft, Dongfeng Cummins, and JD Logistics, showcasing a strong demand for technical and management roles [4][30] - The recruitment strategy emphasizes early hiring to ensure companies can meet production demands post-holiday, with firms like Gree Electric and TCL actively seeking to fill positions before the Spring Festival [11][16][30] Group 2 - The Wuhan government is proactively organizing recruitment activities, with plans for over 800 events this year, focusing on key industries such as optoelectronic information, automotive manufacturing, and logistics [4][30] - The initiative aims to secure over 15,000 job positions and ensure that key enterprises have sufficient workforce to maintain operations without interruption during the holiday season [30][31] - Companies are adopting a "talent reserve" approach, recognizing the importance of early recruitment for future growth and innovation, as seen in firms like Danlai Technology, which plans to increase its R&D staff significantly [21][25][30]