2026.01. 07 ▲ 0.05% ▲0.06% ▲0.31% A股三大指数呈现窄幅震荡、小幅收涨态势。上证指数录得14连阳走势,深证成指小幅收涨, 主要受科技与周期板块的共同支撑。创业板指刷新阶段性高点,主要受科技股(如半导体、 AI)的拉动。 2164家上涨 涨跌停比 9 3: 7 市场跌多涨少,呈现"指数震荡、个股分化"特 两市成交额 .85万亿元 ▲1.42% 两市成交额温和放量,半导体产业链(光刻机、 光刻胶等)走强,脑机接口板块调整,板块轮动 导致资金在不同板块间流动,未引发成交额大 幅波动。整体市场交投活跃,资金参与度高,为 指数持续上涨提供了充足的流动性支撑。 资金情绪 主力资金净流出 散户资金净流入 征。半导体产业链(光刻机、存储芯片、电子化 学品等)、煤炭、有色金属、商业航天、可控核聚 变等板块涨幅居前,脑机接口、证券、跨境支 付、贵金属等前期热门板块有所调整。 机构规避高估值与题材炒作,抛售计算机、消费电子、证券等前期热门板块,聚焦半导体产业链,煤炭板 块、电网设备、电网信息化也获得主力资金青睐。散户偏好"高弹性、高题材性"标的,资金主要集中于半 导体、商业航天、脑机接口等中小盘题材 ...

本报记者 刘欢 1月6日晚间，甘肃上峰水泥股份有限公司（以下简称"上峰水泥"）发布公告称，公司全资子公司宁波上 融物流有限公司（以下简称"宁波上融"）拟出资9000万元，联合苏州工业园区兰璞创业投资管理合伙企 业（有限合伙）（以下简称"兰璞创投"）、上海正帆科技股份有限公司（以下简称"正帆科技"）、深圳 市惠友私募股权基金管理有限公司（以下简称"惠友私募"）等多家机构共同发起设立苏州睿存创业投资 合伙企业（有限合伙）（以下简称"苏州睿存基金"）。该基金总的认缴出资额为1.73亿元，主要投向半 导体材料、设备及零部件等硬科技领域。投资后，宁波上融在苏州睿存基金的出资占比为52.02%。 上峰水泥此次联合多家机构发起设立产业基金，核心逻辑在于依托资本纽带整合半导体产业链核心资 源，为公司新质材料业务转型搭建生态赋能平台。基金LP（有限合伙人）矩阵中，上峰水泥长期战略 合作机构兰璞创投为专注半导体、新材料领域的专业投资机构；正帆科技在半导体制造所需特种气体、 电子化学品、工艺设备等关键环节具备技术储备与市场布局；惠友私募由原比亚迪联合创始人创立，投 资方向聚焦半导体等硬科技产业链核心环节。 上峰水泥相关负责人向《证 ...

下一步，泉港石化工业园区将聚焦创新驱动、绿色转型、智慧升级、开放协同，深化7条重点产业链布 局，前瞻培育高端聚烯烃、电子化学品、新能源材料、生物医药等新质生产力，打造全国绿色智慧化工 园区标杆。积极建设面向东盟的石化产品出口基地，深化两岸产业合作，构建"两岸融合、辐射东盟"的 开放新格局，并以此为契机，加快打造数据要素高地。 中化新网讯日前，福建省数据管理局公布省数据产业集聚区和省数据要素产业园名单，泉港石化工业园 区入选省级数据要素产业园名单，成为全省唯一入选的化工园区。 泉港石化工业园区相关负责人介绍，作为国家级循环化改造示范试点园区、智慧化工园区试点示范单 位，泉港石化工业园区紧抓数字经济发展机遇，实施产业数字化与数字产业化双轮驱动战略，以应急救 援指挥平台为基础，先后搭建"工业互联网+危化安全生产"、重大风险防控等平台系统，整合多维数据 资源，构建覆盖全园的智能化管控体系，同步推进企业"上云用数赋智"，加快5G、物联网、人工智能 等新技术在生产制造、供应链管理、研发设计等环节的深度应用。 ...

据介绍，汕头累计引入各类区域及城市首店超200家，形成以小公园开埠区、万象城等为代表的特色街 区和商业综合体，历史街区与现代商业共生，文化体验与消费活力互促；持续做旺文旅经济、美食经 济、夜间经济、演唱会经济，努力让八方游客在汕头"逛得开心、吃得地道、玩得尽兴"。 在汕头，重商善贾的血脉基因融入街巷的日常、奔涌于港口的潮汐，汇聚在每一个开放的窗口中。陈涛 表示，汕头将继续传承"百载商埠"荣光，继续筑平台、强主体、拓渠道，努力把汕头建设成为商贸活力 更足、辐射能力更强、流通效率更高的区域商贸高地，让新时代的"汕头商脉"通达天下、链接全球。 (完) 同时，汕头坚持"内育外引、双向发力"，既做优存量，也做大增量，让商贸的主角更多、活力更足。该 市全力支持超声电子、光华科技、仙乐健康、西陇化工等企业在印制电路板、电子化学品、健康食品、 高端化工领域做强品牌、拓展市场；招引比亚迪、立讯精密等一批行业龙头企业落户汕头，带动产业链 上下游企业集聚发展。 （文章来源：中国新闻网） 中新网广州1月4日电(程景伟马悠楠)"汕头因商而旺、聚商而盛，商业是刻在汕头的基因里的。"汕头市 委副书记、市长陈涛4日在广州表示，近年来，汕头加 ...

Core Viewpoint - The Ministry of Industry and Information Technology and six other departments have jointly issued the "Work Plan for Steady Growth in the Petrochemical Industry (2025-2026)", aiming to promote high-quality development and create new international competitive advantages for the industry [1] Group 1: Industry Development Strategy - The "Work Plan" emphasizes the need for the petrochemical industry to enhance technological innovation and improve effective supply capabilities [2] - The Nanjing Jiangbei New Materials Science and Technology Park will implement the "Work Plan" by optimizing supply, expanding effective demand, and ensuring a solid industrial foundation for sustainable growth [1][2] Group 2: Technological Innovation and High-End Supply - The Technology Park has established a New Materials Industry Innovation Alliance and several innovation platforms to facilitate the transformation of over 40 technological achievements [2] - The focus will be on high-end polyethylene, high-performance fibers, specialty rubber, and electronic chemicals, aiming to create a product matrix of high-value derivatives [2] Group 3: Green and Intelligent Transformation - The Technology Park is accelerating its transformation and upgrading, focusing on industrial structure, safety levels, and green low-carbon development [3] - The "Work Plan" calls for effective investment to drive industry transformation, emphasizing digitalization and the establishment of intelligent factories [3] Group 4: Expanding Demand and Market Opportunities - The "Work Plan" addresses structural contradictions in supply and demand, aiming to expand market demand and improve supply quality [4] - The Technology Park will enhance industrial collaboration, develop new consumption demands in emerging fields, and strengthen international cooperation to attract foreign investment [4]

Core Viewpoint - The A-share market is experiencing a strong year-end rebound, with the Shanghai Composite Index achieving an eight-day consecutive rise, and trading volume in the Shanghai and Shenzhen markets returning to 2 trillion yuan, indicating a potential "spring rally" in the near future [4][6]. Group 1: Market Trends - The A-share market is showing signs of a "small rally" as it approaches the year-end, with significant trading volume and a notable rise in sectors such as non-ferrous metals, lithium mining, and commercial aerospace [8]. - The recent upward movement in the index is primarily driven by cyclical sectors, particularly non-ferrous metals, reflecting a recovery in market risk appetite [9]. - The current market environment is characterized by a "bottom consolidation" phase, preparing for a potential rally before the Spring Festival, rather than a full-blown upward trend [9]. Group 2: Capital Flow and Investment Strategies - Institutional buying power is expected to strengthen, driven by favorable policy expectations and a stable economic backdrop, with a notable increase in inflows into stock ETFs [10]. - The weak dollar and the appreciation of the RMB are enhancing the attractiveness of Chinese assets, leading to increased foreign investment [10]. - There is a strong willingness among various funds to enter the market, particularly as the new year approaches, indicating a potential continuation of the "spring rally" [11]. Group 3: Sector Focus and Investment Opportunities - High-growth sectors such as optical modules, PCB, and short-term supply-constrained areas like optical chips and high-speed copper cables are recommended for investment [12]. - The "price increase" narrative is acting as a catalyst for the current rally, with significant inflows into broad-based ETFs and a focus on sectors like chemicals and new energy materials [13]. - The consumption sector is also highlighted as a potential area for investment, given its relative underperformance this year and the supportive policy environment [16].

Core Viewpoint - The strong inflow of incremental funds has driven the recent market rally, contributing to the Shanghai Composite Index achieving eight consecutive days of gains, and there is a recommendation to actively position for the upcoming spring market rally, focusing on both technology and cyclical sectors [1][2]. Group 1: Market Performance - As of December 26, 2025, the Shanghai Composite Index has achieved eight consecutive days of gains, marking the third occurrence since the "9.24" market rally in 2024 [2]. - The market has shown signs of recovery from previous adjustments, with three major factors influencing the market's positive outlook diminishing [2]. Group 2: Fund Inflows - December saw an unusual net inflow into broad-based ETFs, with a total net inflow of 110.6 billion yuan, primarily driven by the A500 ETF, which accounted for 101.9 billion yuan, or 92.2% of the total [3]. - The net inflow into the A500 ETF is likely to be new capital rather than a reallocation from other ETFs, indicating a strong demand for this specific fund [3]. Group 3: Investment Opportunities - The current macroeconomic environment, characterized by PPI recovery and anti-involution policies, alongside a weak dollar and increased demand for AI hardware, presents investment opportunities in various sectors, including chemicals, new energy materials, and electronic communication products [4]. - The investment strategy should focus on technology and PPI, with attention to new marginal changes, such as the strengthening of domestic demand policies and the potential for growth in commercial aerospace and satellite industries [5]. Group 4: Sector Allocation - Recommended sector allocations include technology sectors such as military, media (gaming), AI applications, and core AI hardware, as well as PPI beneficiaries like photovoltaic, chemicals, steel, and power [5]. - Long-term holdings should consider gold and optimized high-dividend stocks as part of the investment strategy [5].

Core Insights - The major industrial projects launched in Yantan District are expected to generate an annual output value of approximately 9.8 billion yuan, creating over 2,000 jobs [1][2] Group 1: Project Overview - Eight significant projects covering fluorosilicon new materials, new energy materials, green low-carbon initiatives, and deep processing of food have been initiated with a total planned investment of 3.8 billion yuan [1] - The second phase of the Kaisen (Zigong) New Energy Co., Ltd. will produce 2,000 tons of rolled glass daily, positioning Yantan as the largest photovoltaic glass production base in Southwest China [1] - The Sichuan Ruibai electronic chemicals and supporting project is a crucial supplement to Zigong's new energy industry chain, with expected annual sales revenue exceeding 3.6 billion yuan upon reaching full production [1] Group 2: Strategic Goals - The Dongheng Nano Carbon Materials project aims to establish Yantan as the largest production base for single-walled carbon nanotubes in the country [1] - The Sichuan Jingke and Hanxing Dongheng conductive materials projects will enhance the green circular development level of the industrial park [1] - Yantan District is committed to building "China's Green Fluorine Capital" and has signed 25 major projects this year, with 12 under construction and 13 already in production [1][2]

Investment Rating - The report maintains a "B" rating for the new materials sector, indicating a stable outlook with potential for recovery in the carbon fiber industry [2]. Core Insights - The carbon fiber industry is experiencing a price increase, confirming a bottoming out of the market and a potential recovery in demand. High-end carbon fiber demand is expected to rise significantly, particularly in wind power and aerospace applications, with actual consumption in China projected to reach 96,446 tons in 2025, a year-on-year increase of 71.89% [5][7]. - The new materials sector index decreased by 0.23% recently, outperforming the ChiNext index by 2.03%. Key segments such as industrial gases and biodegradable plastics showed positive growth, while semiconductor materials faced a decline [2][19]. Summary by Relevant Sections 1. Market Performance - The new materials sector index fell by 0.23%, while the ChiNext index dropped by 2.03%. Over the past five trading days, the synthetic biology index rose by 1.76%, industrial gases increased by 3.86%, and battery chemicals decreased by 2.87% [2][19]. 2. Price Tracking - Key prices include: - Valine: 13,700 CNY/ton (+4.98%) - Arginine: 20,950 CNY/ton (unchanged) - Methionine: 17,850 CNY/ton (-0.56%) - PLA (injection grade): 17,800 CNY/ton (unchanged) [3]. 3. Investment Recommendations - The report suggests focusing on leading companies in the carbon fiber sector, such as Jilin Chemical Fiber, Zhongfu Shenying, Zhongjian Technology, and Guangwei Composites, as they are expected to benefit from the recovery in high-end carbon fiber demand [7].

Mergers and Acquisitions - Jinko Environment plans to acquire 100% equity of Eric for 84.8 million yuan [1] - Huitong Co., Ltd. intends to purchase 70% equity of Italian company OMIKRON [2] External Investments and Daily Operations - Zhenyu Technology aims to raise no more than 1.88 billion yuan for lithium battery precision structural component expansion projects. Two subsidiaries plan to invest 1 billion yuan each in humanoid robot-related projects [3] - Glinda participates in the strategic placement of shares in Muxi Co., Ltd.'s initial public offering to explore and develop next-generation high-performance electronic chemicals [3] - Jiufeng Energy signs an agreement with China Long March Rocket Co., Ltd. for services at the Hainan commercial space launch site [4] - China Nuclear Power signs a strategic cooperation agreement for nuclear power plant capacity enhancement with the Nuclear Power Institute [5] - Haibosi Chuang plans to invest 2 billion yuan to build a smart green energy storage factory [6] - Fudan Microelectronics sees Guosheng Investment acquiring 12.99% of its shares, making it the largest shareholder [7] - Ningbo Huaxiang's subsidiary secures orders from a leading domestic robot joint manufacturer, laying a solid foundation for developing core joint components based on PEEK materials [7] - Zhongjie Automotive receives a project confirmation letter for electric air conditioning compressor scroll plates worth 29.86 million USD from an international client [8] - Jianlong Micro-Nano's subsidiary plans to acquire 40% equity of Hanxing Energy for 200 million yuan, making Hanxing Energy a subsidiary of Jianlong [9] - New Strong Link intends to raise no more than 1.5 billion yuan through a private placement for projects related to large power wind turbine main bearings and to supplement working capital [9]