中新网济南12月24日电 (记者 孙婷婷)近年来，山东以数字产业化、产业数字化为重要突破口，全 力壮大数字经济核心产业，积极推动实体经济和数字经济深度融合。"十四五"时期，山东省数字经济撑 起"半壁江山"。 "强大的算力正深度赋能实体经济发展。"綦琳举例说，山东能源集团基于算力资源部署智慧矿山大 模型，给地下千米的矿井装上了"智能大脑"，开创了"地面规划采煤、面内无人作业"的全新开采模式。 在烟台的海洋牧场，养殖户通过汇聚192种"空天海地"数据的平台进行精准管理，有效防灾增收。 数字经济的发展最终要惠及社会和人民。据山东省大数据局副局长禹金涛介绍，山东以新型智慧城 市建设为抓手，16个设区市全部入选2025年中国数字城市百强，数量连续三年位居中国第一。围绕民生 关切，山东省累计打造了7000余个数字化应用场景，"入学掌上办"实现义务教育报名"零跑腿"，超千家 医疗机构实现检查检验结果互认。同时，山东累计建成国家级数字乡村试点6个、省级试点96个，让数 字红利更好地向乡村延伸。 王健表示，山东产业基础雄厚，应用场景丰富，数字经济发展潜力巨大。当前，该局正研究编 制"十五五"数字强省建设规划，聚焦培育发展新质生 ...

Core Insights - Azerbaijan's GDP for January to November 2025 reached 116.3 billion manats (approximately 68.4 billion USD), reflecting a year-on-year growth of 1.6% [1] - The oil and gas sector experienced a decline of 1.8%, while the non-oil sector grew by 3.2% [1] Sector Contributions - The industrial sector accounted for 34% of GDP [1] - Vehicle trade and repair contributed 10.6% [1] - Transportation and warehousing made up 7.2% [1] - Construction represented 6.5% [1] - Agriculture, forestry, and fishing accounted for 6.4% [1] - Accommodation and food services contributed 2.8% [1] - Information and communication made up 1.9% [1] - Other industries accounted for 21.1% [1] Per Capita GDP - The per capita GDP in Azerbaijan reached 11,356.4 manats (approximately 6,680.2 USD) for the same period [1]

Core Insights - In November, the total electricity consumption reached 835.6 billion kilowatt-hours, marking a year-on-year increase of 6.2% [1] Industry Breakdown - The primary industry consumed 11.3 billion kilowatt-hours, with a year-on-year growth of 7.9% [1] - The secondary industry consumed 565.4 billion kilowatt-hours, showing a year-on-year increase of 4.4%, with industrial electricity consumption growing by 4.6% and high-tech and equipment manufacturing sectors increasing by 6.7% [1] - The tertiary industry consumed 153.2 billion kilowatt-hours, reflecting a year-on-year growth of 10.3%, with the charging and swapping service industry and information transmission, software, and IT services growing by 60.2% and 18.9% respectively [1] - Urban and rural residential electricity consumption reached 105.7 billion kilowatt-hours, with a year-on-year increase of 9.8% [1] Cumulative Data - From January to November, total electricity consumption accumulated to 9460.2 billion kilowatt-hours, representing a year-on-year growth of 5.2% [1] - The primary industry accumulated 137.4 billion kilowatt-hours, with a year-on-year increase of 10.3% [1] - The secondary industry accumulated 6043.6 billion kilowatt-hours, showing a year-on-year growth of 3.7% [1] - The tertiary industry accumulated 1820.4 billion kilowatt-hours, reflecting a year-on-year increase of 8.5% [1]

Core Viewpoint - Several Wall Street institutions believe that the market style may shift towards cyclical sectors due to changes in the macro environment [1] Group 1: Market Performance - Goldman Sachs reports that cyclical stocks have outperformed defensive stocks for 14 consecutive trading days, marking the longest winning streak in over 15 years [1] - Goldman Sachs' economists expect U.S. real GDP growth to accelerate to 2.5% in 2026, surpassing the market consensus of nearly 2% [1] Group 2: Investment Strategies - Piper Sandler's Chief Investment Strategist, Michael Kantrowitz, indicates that investors are beginning to sense signs of a recovery in cyclical sectors [1] - Multiple institutions forecast that financials, industrials, and consumer discretionary sectors are likely to perform well in 2026 [1] - Citigroup strategists recommend investors to increase holdings in financial stocks while underweighting consumer staples [1] - The Citigroup team, led by Adam Pickett, notes that industrial stocks also have potential for rating upgrades [1]

1 - 11 月 份 ，全社会用电量累计 94602 亿千瓦时，同比增长 5.2% ，其中规模以上工业发电量为 88567 亿千瓦时。 从分产业用电看，第一产业用电量 1374 亿千瓦时，同比增长 10.3% ；第二产业用电量 60436 亿千瓦时，同比增长 3.7% ， 其中， 工业 用电量同比增长 3.9 % ，高技术及装备制造业 用电量同比增长 6.4 % ；第三产业用电量 18204 亿千瓦时，同比增长 8.5% ，其中，充换电服务业以及信息传输、软件和信息技术服务业用电量 分别同比增长 48.3% 、 16.8% ；城乡居民生活用电量 14588 亿千瓦时，同比增长 7.1% 。 11 月份，全社会用电量 8356 亿千瓦时，同比增长 6.2% 。从分产业用电看，第一产业用电量 11 3 亿千瓦时，同比增长 7.9% ；第二产业用电量 5654 亿千瓦时，同比增长 4.4% ， 其中， 工业 用电量同比增长 4.6 % ，高技术及装备制造业 用电量同比增长 6.7 % ；第三产业用电量 1532 亿千瓦时，同比增长 10.3% ，其中，充换电服务业以及信息传输、软件 和信息技术服务业用电量 分别同比 ...

南向资金持有比例较高的港股 | | | 持股量 | 占已发行 | 收盘价 | 日涨跌幅 | | | --- | --- | --- | --- | --- | --- | --- | | 代码 | 简称 | | 股份比例 | | | 行业 | | | | （万股） | | （港元） | （%） | | | | | | （%） | | | | | 00728 | 中国电信 | 999044.23 | 71.99 | 5.550 | -0.18 | 电讯业 | | 01330 | 绿色动力环保 | 28345.30 | 70.09 | 5.310 | 1.34 | 工业 | | 01635 | 大众公用 | 36728.40 | 68.82 | 3.370 | -3.44 | 公用事业 | | 01108 | 凯盛新能 | 16991.20 | 67.96 | 3.800 | -1.55 | 工业 | | 01065 | 天津创业环保股份 | 22816.41 | 67.10 | 4.240 | 0.00 | 公用事业 | | 01088 | 中国神华 | 224566.15 | 66.48 | 39.260 | ...

报告要点 丨证券研究报告丨 金融工程丨专题报告 [Table_Title] 杠铃策略占优，电子板块优选组合超额显著 [Table_Summary] 本周 A 股市场震荡，微盘股领涨，中证红利表现较强，双创回调明显；聚焦红利内细分板块来 看，红利价值类别相对占优。从市场表现来看，本周 A 股必选消费和金融板块反弹明显，而信 息技术与硬件和工业板块相对较弱；聚焦电子板块内部来看，显示面板相对占优，领先于其他 子赛道。策略表现上，电子板块优选增强组合跑赢电子全收益指数，周度超额约 1.57%，优势 明显。 分析师及联系人 SFC：BUT353 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 主动量化产品周报（二十） cjzqdt11111 [Table_Title2] 杠铃策略占优，电子板块优选组合超额显著 [Table_Summary2] 自 2023 年 7 月以来，长江金工团队先后推出红利精选策略、行业高胜率策略等多款主动量化 产品，为投资者跟踪市场热点、精选行业个股提供另类视角和投资选择。为了更好地洞悉策略 表现和市场动态，特推出主动量化产品周报，跟踪内容包括 ...

Core Insights - The EU service sector has shown a significant recovery, with production levels increasing by 16.4% compared to February 2020, outperforming industrial production growth of only 2.3% [1] - Trade (+0.1%) and construction (+0.2%) have nearly returned to pre-pandemic levels, but their growth remains weak [1] Economic Impact - The EU economy faced severe disruptions during the COVID-19 pandemic, with historical declines in various sectors: industrial production fell by 27.3%, construction by 26.7%, trade by 22.3%, and services by 17.0% from February to April 2020 [1] - Following the initial downturn, the EU economy entered a recovery phase, with major economic sectors generally returning to pre-pandemic production levels about a year later [1] Sectoral Divergence - Since early 2022, a trend of divergence among sectors has emerged, with industrial, construction, and trade sectors stagnating or slightly declining, while the service sector continues to grow, becoming the main support for the EU's economic recovery [1]

巴西全国工业联合会（CNI）于12月18日发布的统计数据显示，巴西29个工业部门中有22个在2025 年年底处于"缺乏信心"状态，数量是保持乐观态度行业的三倍以上。该指标显示，与2024年12月相比， 工业领域的悲观情绪进一步加重。CNI指出，企业对巴西工业表现及其增长能力的预期明显恶化，这表 明企业在2026年对投资、招聘和扩大生产的意愿可能进一步下降，并将对经济活动、财政收入和就业产 生直接影响。 ...

近半年该股累计上榜龙虎榜22次，上榜次日股价平均跌0.06%，上榜后5日平均涨5.82%。（数据宝） 大鹏工业12月23日交易公开信息 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交1.02亿元，其中，买入成交额为6319.41 万元，卖出成交额为3859.50万元，合计净买入2459.90万元。 具体来看，今日上榜的营业部中，共有1家机构专用席位现身，即买三，买入金额599.10万元，卖出金 额366.75万元，合计净买入232.35万元。 | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | --- | --- | --- | | 卖 | | 元） | 元） | | 买一 | 国金证券股份有限公司深圳分公司 | 2118.64 | 229.76 | | 买二 | 国信证券股份有限公司深圳互联网分公司 | 1970.74 | 982.14 | | 买三 | 机构专用 | 599.10 | 366.75 | | 买四 | 中信建投证券股份有限公司上海营口路证券营业部 | 577.46 | 508.40 | | 买五 | 东方财富证券股份有限公司拉萨团结路第一证券营业部 ...