1月12日，A股市场震荡拉升，截至收盘，三大指数均涨超1%，沪深两市成交额3.6万亿，连续第2个交易日突破3万亿，较上一个交易日放量4922亿，刷新 此前在2024年10月8日创下的成交额历史纪录。全市场超4100只个股上涨，其中201只个股涨停。 午后，脑机接口概念股走高，南京熊猫（600775）盘中实现6天5板；可控核聚变概念股表现活跃，法尔胜（000890）涨停，哈焊华通（301137）涨超 11%。数字媒体、军工电子、软件服务、云服务等板块涨幅居前。 可控核聚变概念异动拉升，中国核建（601611）、雪人集团（002639）走出4天3板，国光电气、哈焊华通涨超10%，常辅股份、合锻智能（603011）、中 核科技（000777）、爱科赛博等冲高。消息面上，近日，新奥自主设计开发的第二代高温超导模型TF线圈顺利通过出厂测试，各项指标均满足新奥氢硼 球形环的需求，并达到预期设计指标。作为商业聚变堆中建造成本最高的关键部件，磁体的技术突破对聚变商业化至关重要。 关于A股后市，中航证券首席经济学家董忠云认为，从2026年第一周来观察，春季躁动或已迎来主升浪，行情主要来自基本面、政策面和基本面改善的支 撑。他指 ...

丨证券研究报告丨 报告要点 [Table_Summary] 2026 年 3 月港股通名单即将迎来调整。恒生综合指数半年度的审议考察期截至 2025 年 12 月 31 日已经结束，2026 年 3 月港股通名单即将迎来新一轮调整，本次调整名单预计将于 2026 年 2 月 20 日收盘后公布，3 月 6 日收盘后正式实施，3 月 9 日为生效第一天。本文我们梳理了 可能纳入的标的名单，供投资者参考。 分析师及联系人 [Table_Author] 戴清 [Table_Title] 港股策略：2026 年 3 月港股通成分股调整预测 投资策略丨点评报告 SAC：S0490524010002 SFC：BTR264 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 [Table_Title2] 港股策略：2026 年 3 月港股通成分股调整预测 [Table_Summary2] 事件描述 2026 年 3 月港股通名单即将迎来调整。恒生综合指数半年度的审议考察期截至 2025 年 12 月 31 日已经结束，2026 年 3 月港股通名单即将迎来新一轮调整，本次调整名单 ...

Group 1 - U.S. stock futures are higher, with Dow futures gaining around 200 points [1] - Argenx SE shares fell 6% to $825.00 in pre-market trading after discontinuing Phase 3 studies of efgartigimod SC in thyroid eye disease [1] Group 2 - TryHard Holdings Ltd shares tumbled 15.2% to $13.16 in pre-market trading after a previous jump of 58% [2] - Site Centers Corp declined 13.4% to $6.33 in pre-market trading [2] - Exicure Inc dipped 8.7% to $5.80 in pre-market trading after gaining 5% on Friday [2] - Celldex Therapeutics Inc declined 8.4% to $25.19 in pre-market trading [2] - CapsoVision Inc fell 6.4% to $12.03 in pre-market trading after a decline of around 11% on Friday [2] - Zillow Group Inc fell 5.6% to $70.50 in pre-market trading [2] - BeOne Medicines AG declined 4.9% to $303.50 in pre-market trading [2] - ServiceNow Inc fell 4.7% to $824.50 in pre-market trading after a downgrade to Underweight by KeyBanc [2] - WaterBridge Infrastructure LLC fell 4.4% to $20.05 in pre-market trading [2] - Pharming Group N V declined 4.2% to $17.23 in pre-market trading [2]

天眼查App显示，近日，景德镇市恒绿包装有限公司成立，法定代表人为陈武青，注册资本5万人民 币，经营范围为一般项目：包装服务，保健食品（预包装）销售，包装材料及制品销售，食品销售（仅 销售预包装食品），金属包装容器及材料销售，食品互联网销售（仅销售预包装食品），食品用塑料包 装容器工具制品销售，专业设计服务，箱包修理服务，日用百货销售，软件外包服务，日用产品修理， 运输货物打包服务，办公设备销售，打字复印，办公用品销售（除依法须经批准的项目外，凭营业执照 依法自主开展经营活动）。 ...

天眼查App显示，近日，长沙量晖科技有限公司成立，法定代表人为沈凯丰，注册资本100万人民币， 经营范围为一般项目：电子产品销售;电工仪器仪表销售;电子测量仪器销售;光学仪器销售;物联网设备 销售;教学专用仪器销售;集成电路销售;集成电路芯片及产品销售;半导体器件专用设备销售;智能无人飞 行器销售;数字视频监控系统销售;工业机器人销售;互联网设备销售;电子元器件与机电组件设备销售;工 业控制计算机及系统销售;办公设备耗材销售;软件销售;技术服务、技术开发、技术咨询、技术交流、技 术转让、技术推广;信息系统集成服务;区块链技术相关软件和服务;信息系统运行维护服务;物联网技术 服务;人工智能通用应用系统;智能机器人的研发;集成电路设计;集成电路芯片设计及服务;智能控制系统 集成;云计算装备技术服务;信息技术咨询服务;软件开发;专业设计服务;工业机器人安装、维修;通用设备 修理;专用设备修理;计算机及办公设备维修;仪器仪表修理;广告设计、代理;图文设计制作;打字复印;会议 及展览服务;数字创意产品展览展示服务（除依法须经批准的项目外，自主开展法律法规未禁止、未限 制的经营活动）。 ...

Market Overview - U.S. stock futures were mostly lower, with S&P 500 futures down approximately 0.2% [1] Outset Medical Inc - Outset Medical reported a quarterly loss of $0.69 per share, missing the analyst consensus estimate of a loss of $0.66 per share [2] - The company reported quarterly sales of $29.431 million, which fell short of the analyst consensus estimate of $30.880 million [2] - Following the disappointing results, Outset Medical shares dropped 25.8% to $8.95 in pre-market trading [2] Other Companies - Gemini Space Station Inc saw a decline of 9.7% to $15.20 after disclosing third-quarter results [4] - CoreWeave Inc fell 9.2% to $95.90 following its third-quarter results [4] - Life360 declined 7.3% to $86.45 after announcing an agreement to acquire Nativo [4] - Century Aluminum Co dropped 6% to $30.37 after posting weak quarterly earnings [4] - Beyond Meat Inc experienced a 6% decline to $1.26 due to a wider-than-expected quarterly loss [4] - Harrow Inc fell 5.3% to $32.30 after reporting worse-than-expected quarterly sales [4] - Nanobiotix SA – ADR decreased by 5.3% to $20.99 after a previous jump of 12% [4] - CleanSpark Inc declined 5.3% to $14.24 as it announced the upsizing and pricing of a $1.15 billion convertible notes offering [4]

Core Viewpoint - Apple's stock price increased by 0.2%, marking its total market capitalization surpassing $4 trillion for the first time, making it the third U.S. company to reach this milestone [1]. Group 1: Market Capitalization - The total market capitalization of major U.S. companies includes: - Nvidia (NVDA) at $4.74 trillion - Microsoft (MSFT) at $4.08 trillion - Apple (AAPL) at $4 trillion - Google Class C (GOOG) at $3.28 trillion - Google Class A (GOOGL) at $3.27 trillion - Amazon (AMZN) at $2.43 trillion - Meta Platforms (META) at $1.9 trillion - Broadcom (AVGO) at $1.72 trillion - Taiwan Semiconductor Manufacturing Company (TSM) at $1.54 trillion - Tesla (TSLA) at $1.51 trillion [2].

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board 50 Index (000688) has shown a slight increase of 0.16% as of October 13, 2025, with notable gains from stocks such as Kingsoft Office (688111) up 10.92% and Teru Technology (688278) up 7.61% [1] - The Sci-Tech Innovation Board 50 ETF (588080) has experienced a decrease of 0.27%, with the latest price at 1.49 yuan, while it has accumulated a rise of 0.33% over the past two weeks [1] - The trading volume for the Sci-Tech Innovation Board 50 ETF reached 1.42% turnover with a total transaction value of 1.077 billion yuan, and the average daily transaction value over the past week was 2.362 billion yuan, ranking it among the top two comparable funds [1] Group 2 - As of September 30, 2025, the top ten weighted stocks in the Sci-Tech Innovation Board 50 Index accounted for 58.07% of the index, including companies like SMIC (688981) and Cambricon Technologies (688256) [2] - The recent Nobel Prize in Physics was awarded for the discovery of observable quantum effects at a macroscopic scale, which lays a theoretical foundation for the development of superconducting quantum computing [2][3] - The Transmon-type superconducting qubit, based on Josephson junctions, has become a mainstream technology, with institutions like Google and the University of Science and Technology of China launching high-performance superconducting quantum chips, indicating rapid industry development [3] Group 3 - The Sci-Tech Innovation Board 50 ETF (588080) tracks the performance of 50 large-cap, liquid stocks on the Sci-Tech Innovation Board, reflecting the overall performance of representative tech enterprises [4]

Group 1 - The core point of the article highlights the performance of the Kexin 50 Enhanced ETF (588460), which opened down 0.81% at 1.718 yuan on September 26 [1] - The major holdings of the Kexin 50 Enhanced ETF include companies such as Haiguang Information, which fell by 1.83%, and SMIC, which decreased by 1.04% [1] - The fund's performance benchmark is the Shanghai Stock Exchange Science and Technology Innovation Board 50 Index, managed by Penghua Fund Management Co., Ltd., with a return of 73.07% since its inception on December 1, 2022, and a return of 15.47% over the past month [1] Group 2 - The article lists the performance of other key stocks within the ETF, including Cambrian, which dropped by 1.56%, and Kingsoft Office, which fell by 1.11% [1] - The ETF's performance reflects broader market trends, as indicated by the declines in several of its major holdings [1] - The article provides a snapshot of the current market conditions affecting the Kexin 50 Enhanced ETF and its constituents [1]

Core Insights - Shanghai Qiangqiang Chuangshi Industrial Co., Ltd. has been established with a registered capital of 200,000 RMB [1] - The legal representative of the company is Yang Xiaoqiang [1] Business Scope - The company operates in various sectors including retail of clothing and accessories, office supplies, daily necessities, automotive parts, and household appliances [1] - Additional activities include sales of instruments, machinery parts, textiles, sports equipment, photographic equipment, pet food, computer hardware and software, furniture, electronic products, and more [1] - The company also engages in technical services, consulting, marketing planning, and software development among other services [1]