中国经济网北京2月26日讯 A股三大指数今日涨跌不一，截至今日收盘，上证综指报4146.63点，跌幅0.01%，成交额10671.99亿元；深证成指报14503.79 点，涨幅0.19%，成交额14712.47亿元；创业板指报3344.98点，跌幅0.29%，成交额6927.70亿元。 板块方面，元件、风电设备、其他电源设备等板块涨幅居前，影视院线、保险、房地产等板块跌幅居前。 | 序号 | 板块 | 涨跌幅(%)▼ | 总成交量（万手） ■ 总成交额（亿元）▼ | | 净流入 (亿元) ▼ | 上涨家数 | 下跌凌 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 元件 | 4.26 | 2241.30 | 1122.46 | 119.50 | રેર | ഗ | | 2 | 风电设备 | 3.09 | 1115.16 | 237.75 | 18.50 | 27 | ব | | 3 | 其他电源设备 | 2.80 | 1159.08 | 293.71 | 27.17 | ર ર | 7 | | ব | 电子化学品 | 2.41 | 1102. ...

A股市场板块涨跌幅排行 | 序号 | 板块 | 涨跌幅(%)▼ | | 总成交量 (万手) ▼ 总成交额 (亿元) ▼ | 净流入 (亿元) ▼ | 上涨家数 | 下跌。 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 元件 | 4.20 | 1453.90 | 757.38 | 106.25 | 57 | ന | | 2 | 风电设备 | 2.60 | 655.05 | 147.38 | 16.81 | 27 | য | | 3 | 通信设备 | 2.29 | 1767.24 | 934.12 | 69.76 | 75 | 1 - | | ব | 其他电源设备 | 2.14 | 734.54 | 185.06 | 22.50 | 26 | 7 | | 5 | 电网设备 | 2.09 | 3151.25 | 481.89 | 36.51 | 122 | 17 | | 6 | 通信服务 | 2.06 | 1567.29 | 323.79 | 32.94 | રૂટ | ପି | | 7 | 电子化学品 | 1.58 | 712.63 | 204 ...

Group 1 - The Hang Seng Index Company announced the quarterly review results for the Hang Seng Index series, effective from March 9, 2026, after market close on March 6, 2026 [1] - The Hang Seng Index will add three stocks: Contemporary Amperex Technology Co., Limited (03750), Luoyang Molybdenum Co., Ltd. (03993), and Laopuhuang Co., Ltd. (06181), while removing Zhongsheng Group Holdings Limited (00881), increasing the number of constituent stocks from 88 to 90 [1] - Laopuhuang has seen a significant price increase, with a cumulative rise of nearly 20% since the beginning of 2026 [1] Group 2 - The Hang Seng China Enterprises Index will maintain 50 constituent stocks, adding Beike-W (02423) and Horizon Robotics-W (09660), while removing China Resources Beer (00291) and Mengniu Dairy (02319) [2] - The Hang Seng Composite Index will add 53 stocks, including Bank of East Asia (00023), and remove 28 stocks, including Shui On Land (00272), increasing the number of constituent stocks from 507 to 532 [5] - The Hang Seng Technology Index will not change, maintaining 30 constituent stocks [6] Group 3 - The total assets under management for products tracking the Hang Seng Index series is approximately $117.7 billion as of December 2025 [6] - The adjustments in index constituents may trigger passive fund rebalancing, potentially leading to increased trading volume for related stocks as the effective date approaches [6] - The inclusion of new economy enterprises in sectors like renewable energy, new consumption, and biotechnology is expected to enhance the growth potential and investment attractiveness of the indices, reducing the weight of traditional industries [6]

股指早报 临近假期 A 股震荡腾挪 2026 年 2 月 11 日 股指期货早报 2026.2.11 报告摘要： 海外方面，美 12 月零售销售月率录得 0，低于预期 0.4%和前值 0.6%，消费数据呈现边际走弱。另外美联储多位官员释放担忧通胀， 认为无迫切降息信号。而白宫贸易顾问纳瓦罗则表示需修正对单月就 业人数的预期，但又并不预期就业数据会疲软。对比前期言论，指向 目前内部分歧较大，今晚将公布非农数据，关注数据情况。隔夜资产 走势来看，美元指数震荡，美债收益率回落，黄金小幅收跌，美股道 指收涨，纳指和标普收跌，中国金龙指数收涨，离岸人民币汇率升值。 外围波动率在压降。 国内盘面上看，周二大盘上涨 0.13%，深成指上涨 0.02%，创业 板指下跌 0.37%，市场开始产生分歧，而个股则走弱，市场风险偏好 降低。板块上 AI、传媒板块大涨，而其他板块则相对弱势。申万一级 板块上看，传媒、家用电器、煤炭、社会服务涨幅居前，房地产、食 品饮料、商贸零售、美容护理跌幅居前，全市场 2192 只个股上涨， 3122 只个股下跌。消息上看，国家发改委等八部门表示加快招标投 标领域人工智能推广应用。 整体上看，美公布 ...

Core Viewpoint - The focus of the news is on the development and improvement of public welfare in Dongsheng District, Inner Mongolia, with significant investments in education, healthcare, elderly care, employment, and urban living conditions to enhance the quality of life for residents by 2025 [5][10]. Public Welfare Investment - Dongsheng District plans to allocate 79.6% of its general public budget expenditure towards education, healthcare, elderly care, employment, and livability to respond to public expectations and improve basic public services [5]. Education Development - By 2025, Dongsheng District aims to establish 50 childcare institutions, enhancing the "15-minute" childcare service circle [6]. - The district has been recognized as a "Quality Balanced Development Area" for compulsory education, with plans to build or expand 4 schools, adding 2,880 new student places and attracting 195 excellent teachers [6]. - AI education will cover 47 primary and secondary schools, with a college entrance examination admission rate reaching 84%, a historical high [6]. Elderly Care and Healthcare - Dongsheng District will establish 30 elderly care restaurants and 8 community elderly service stations by 2025, enhancing social interaction and meal accessibility for seniors [7][8]. - The district has passed the national chronic disease comprehensive prevention and control demonstration area assessment, with 12 grassroots medical institutions upgraded to improve healthcare access [8]. Employment and Economic Growth - The district will host 46 recruitment events and implement "10+N" employment service initiatives, aiming for 8,868 new urban jobs in 2025, with 5,667 jobs for key groups [9]. - Skills training programs will be provided for rural laborers and unemployed individuals to enhance employment opportunities [9]. Urban Living Conditions - Dongsheng District will implement 44 old residential area renovation projects and 18 energy-saving renovations, benefiting 7,076 households and covering 773,600 square meters [9]. - The district's property management coverage has reached 81%, ensuring better maintenance of residential areas [9]. Infrastructure and Environmental Improvements - By 2025, the district will complete 4 rural water supply projects, benefiting over 6,800 residents, and enhance green spaces with a green coverage rate of 44.1% [10]. - Smart traffic management upgrades will improve traffic efficiency by 18% at major intersections [10].

Economic Growth - In January, the US manufacturing PMI rose by 0.1 percentage points to 51.9, while the services PMI remained flat at 52.5, both slightly below expectations[2] - The Q3 GDP growth rate was revised up by 0.1 percentage points to 4.4%, exceeding the expected 4.3%, primarily due to an upward revision in intellectual property and a narrowing drag from net exports[2] - Real personal spending in November remained flat at 0.3%, with the Redbook retail index showing high year-on-year growth in December and January[2] Financial Conditions - Goldman Sachs' financial conditions index eased by 10 basis points in January, driven by a weaker dollar, narrowing credit spreads, and rising US stock prices[3] - The S&P 500 index increased by 1.4% in January, while corporate credit spreads narrowed by 5 basis points to 0.96%[3] - The US dollar index fell by 1.2% to 97.1 as of January 30[3] Inflation - The December core CPI increased by 0.2%, which was below expectations, with a marginal rise of 0.16 percentage points from November[4] - Inflation expectations rose in January, with 2-year and 10-year TIPS inflation expectations increasing by 54 basis points and 9 basis points to 2.84% and 2.34%, respectively[4] Labor Market - December's non-farm payrolls added only 50,000 jobs, below the expected 70,000, with the unemployment rate dropping by 0.1 percentage points to 4.4%[5] - The labor force participation rate decreased by 0.1% to 62.4%, while average hourly earnings rose by 0.3% month-on-month[5] - Job openings showed signs of improvement, with a notable decrease in WARN notices indicating layoffs in December[5] Risks - There are concerns regarding the speed of weakening in the US labor market and the potential for liquidity tightening to be less than expected[6]

Macroeconomic Overview - The Shanghai Composite Index increased by 0.08% this week, while the CSI 300 Index futures rose by 0.11%[1] - The yield on ten-year government bonds decreased by 2 basis points to 1.81%[1] - The yield on wealth management products from joint-stock banks settled at 1.85%, while the annualized yield of Yu'ebao remained at 1.00%[1] Asset Performance - Futures for coking coal rose by 2.75%, and iron ore futures increased by 0.13% this week[1] - The commodity futures index increased by 5.71% this week, indicating strong performance in the commodity sector[6] - The U.S. dollar index fell by 0.40% to 97.12, while international oil prices surged by 7.65% to $65.74 per barrel[4] Investment Strategy - The recommended asset allocation order is: Stocks > Commodities > Bonds > Currency[4] - The outlook for stocks is positive, with an emphasis on the implementation of "incremental" policies[2] - Bonds are underweighted due to potential short-term impacts from the stock-bond "teeter-totter" effect[2] Economic Indicators - In December, profits of industrial enterprises above designated size grew by 5.3% year-on-year, reversing a decline from November[4] - The total fiscal revenue for 2025 was 21.6 trillion yuan, a decrease of 1.7% year-on-year, while fiscal expenditure increased by 1% to 28.74 trillion yuan[18] Risks and Considerations - Global inflation may rise again, and there is a risk of unexpected economic downturns in Europe and the U.S.[4] - The geopolitical landscape remains uncertain, which could impact market stability[2]

美国政策不确定性上升引发金融市场剧烈波动，美国一度出现"股债汇三杀"，驱动避险资金涌入黄金市场。1月27日至28日，美联储召开议息会议。特朗普 政府正挑战美联储的独立性，美国财政扩张需要货币政策配合，美联储货币政策在很大程度上决定了包括美股在内的各类资产价格的走势。 目前，美国经济还处于放缓初期，依旧有韧性，就业市场短期不会出现恶化，这使得美联储降息的必要性下降。此外，历史上引发美联储突发降息的两大因 素——美元流动性紧张和美股暴跌引发系统性风险，均没有显现。 美国经济仍有韧性 对美国经济而言，部分宏观指标表现相对强劲，GDP、私人消费和出口等均呈现增长势头。不过，消费者信心指数不断走低，制造业持续萎缩，房地产市场 低迷，就业市场不断降温。另外，中小企业景气度远弱于大型企业，传统行业景气度远低于科技行业，这是典型的"K型"分化。 美国经济保持增长得益于财政扩张，关税收入的增加为财政支出带来了资金来源。数据显示，2025年，美国通过加征关税，使得实际关税税率升至11.1%， 实现关税收入2870亿美元，这缓解了"大而美"法案带来的财政压力。通过测算，2025财年，美国政府赤字从上一财年的1.83万亿美元缩减至1 ...

2026年经济社会发展的主要预期目标： 全省地区生产总值增长5%左右，在实际工作中努力争取更好结果； 城镇调查失业率控制在5%左右，城镇新增就业50万人； 居民消费价格涨幅2%左右； 居民收入增长与经济增长同步； 粮食产量513万吨以上； 完成国家下达的单位地区生产总值二氧化碳排放降低目标。 1.壮大实体经济，推动高质量发展 加快建设现代化产业体系。全面推进新型工业化。实施数字化转型示范行动、新兴产业创新发展行动、 未来产业培育发展行动、制造业重点产业强基提质行动等。深入做好金融"五篇大文章"。加快发展生产 性服务业，培育壮大生活性服务业。严格落实耕地保护和粮食安全责任制，实施特色现代农业"百亿提 升"行动，推动十大乡村特色产业全产业链发展。 加快科技创新和产业创新深度融合。强化科技创新资金统筹管理，实施省科技重大创新项目10个以上。 支持企业参与重大科技攻关，全社会研发经费投入增长10%左右，推广"企业家+科学家+投资家"协同创 新模式。建好高校区域技术转移转化中心（福建），全面开展职务科技成果赋权改革。坚持教育科技人 才一体发展，强化规划衔接、政策协同、资源统筹、评价联动。 加快数智全面赋能。深化数字中国 ...

本报讯 今年作为封关首年，该怎么干？政府工作报告指出，今年是"十五五"开局之年，也是海南自由 贸易港全面实施封关运作开局之年，必须迈好第一步、展现新气象。报告部署了十个"聚力"的重点任 务：聚力促进更高水平开放、聚力释放有效需求潜力、聚力构建现代化产业体系、聚力激发教育科技人 才活力、聚力强化区域协调发展、聚力推动城乡融合发展、聚力打造美丽中国样板、聚力提高人民生活 品质、聚力落实宏观经济政策、聚力筑牢安全发展底线。记者 钟起的 王小武 今年经济社会发展主要预期目标： 固定资产投资增长7％左右 社会消费品零售总额增长6%左右 城镇调查失业率控制在5.5％左右 居民消费价格增长2%左右 这些亮点值得期待 ●推动出台实施岛内居民消费进境商品"零关税"政策 ●推动进一步放宽空域管制和航路航权限制 ●新引进国际创新药械100种 ●全年新开工亿元以上项目43个以上，竣工38个以上 ●新增25个"高效办成一件事"重点事项 地区生产总值增长6%左右 ●城镇新增就业17万人左右 今年政府工作总体要求： 以习近平新时代中国特色社会主义思想为指导，深入贯彻党的二十大和二十届历次全会、中央经济工作 会议精神，以及习近平总书记关于海 ...