朋友们，这场席卷全球的经济大戏可比追剧刺激多了！美国政坛刚刚上演的"关门连续剧"虽然暂时落幕，但后续的剧情发展简直让人瞠目结舌！ 这场持续43天的政治拉锯战刚落幕，资本市场就开启了魔幻模式。道琼斯指数像脱缰野马般狂奔326点，纳斯达克却意外熄火。更精彩的是，黄金价格冲破 每盎司4200美元天际线的同时，国际油价竟暴跌4%以上，这冰火两重天的场面堪比好莱坞大片！ 而原油市场却遭遇暴击！需求疲软和OPEC的谨慎预期形成双重暴击，油价自由落体般的下跌让交易员们直呼心脏受不了。 对普通人来说，最实在的福利来了！中产家庭将收到现金大礼包，咖啡、香蕉等进口商品关税下调。明天早上的那杯咖啡，说不定就能省下几块钱呢！ 这场始于深秋的政治博弈，让普通百姓尝尽了苦头。食品救济金突然断供，各地救济站前排起绝望长队；航空系统人手告急，航班取消率暴涨30%，数百万 旅客被困在机场欲哭无泪。 最让投资者抓狂的是，关键经济数据集体"玩失踪"，美联储和市场玩家都成了摸黑前行的盲人，全球资本在市场迷雾中瑟瑟发抖。 转机出现在冬意渐浓时，临时拨款法案的签署给这场闹剧画上休止符。但代价令人咋舌——1.5万亿美元的经济损失，相当于三个卢森堡全年GD ...

Macro News - Shanghai Stock Exchange aims to enhance the integration of artificial intelligence with core productivity, focusing on building advanced computing infrastructure and improving capital market functions to meet large-scale financing needs [1] - Central Huijin and its asset management plans saw their ETF holdings increase by over 200 billion yuan in a single quarter, reaching approximately 1.55 trillion yuan, providing support to the stock market [1] Industry News - The total scale of public funds in China reached 36.74 trillion yuan by the end of September 2025, marking the sixth historical high this year, with significant growth in stock and mixed funds [3] - The Ministry of Housing and Urban-Rural Development emphasizes the need to improve the basic systems for commodity housing development, financing, and sales, aiming to enhance housing supply for urban workers and families in need [4] - OpenAI plans to submit an IPO application as early as the second half of 2026, with a potential valuation of around 1 trillion dollars and aims to raise at least 60 billion dollars [5] Sector Insights - CITIC Securities forecasts that supply tightness will likely drive up prices for copper and cobalt, while lithium prices may benefit from unexpected demand in energy storage [6] - Guosheng Securities notes that electricity prices for thermal power will see an overall increase in 2025, with expectations of improved performance in the third quarter [6] - Galaxy Securities highlights that the consumer electronics industry is navigating challenges and opportunities, with AI becoming a core driver of development, particularly in smart glasses and AI hardware [7]

Core Viewpoint - The report from CITIC Securities indicates that supply tightness is expected to drive prices of copper and cobalt commodities upward, while lithium prices may rise due to unexpected demand in energy storage [1] Commodity Price Outlook - Copper and cobalt prices are anticipated to continue rising due to supply constraints [1] - Lithium prices are expected to benefit from higher-than-expected energy storage demand [1] - Precious metals have experienced a pullback, but the overall bullish sentiment remains unchanged [1] - Coal and electrolytic aluminum, which have shown stagnation this year, may receive increased attention in Q4 [1] Other Commodities - Oil and steel/iron ore prices are projected to remain weak [1] - Silicon product prices are expected to see a slight increase [1] - The investment enthusiasm for bulk commodities is likely to persist amid liquidity easing and countries strengthening their efforts to secure key resources [1]

沪指缩量下跌0.19%、创业板指跌逾1% 稀土、有色概念股全线爆发。合锻智能4连板，一图看懂>> 惠城环保 公司将不能复活的废催化剂,通过废催化剂元素分解及利用技术,分解成资源 工产品,如硅产品、铝产品、稀土产品、镍产品 中国稀土 六大稀土集团之一中国五矿的唯一稀土上市平台 北方稀土 3天2板 公司是全球最大的稀土产品供应商 广晟有色 公司拥有广东省内全部的3本稀土采矿证,稀土资源储量共计12.44万吨,具备 士元素全分离能力,拥有14,000t/a南方离子吸附型稀土矿中重稀土分离能力 黄金 现货黄金突破4070美元/盎司再创新高 中国瑞林 3天2板 参股公司北部矿业在阿尔及利亚有一个金矿项目 西部黄金 3天2板 西北地区最大的黄金采选冶企业 豫光会铝 公司主营有色金属冶炼及综合回收,主要产品为电解铅、白银、黄金等 白银有色 3天3板 公司是我国多品种有色金属综合生产基地,具有年产白银500吨的生产能力, 15吨的生产能力 米刻机(胶) "湾芯展" 即将召开,新凯来等亮相 新莱应材 2天2板 公司有部分产品已经成功应用到洁净、清洗等领域,光刻机领域根据结构图纸 可以使用到公司的真空系统产品,表示努力试图跟AS ...

Group 1 - The U.S. government has made significant adjustments to its import tariff policy, exempting key metals and minerals like gold, tungsten, uranium, and graphite, while adding silicon products to the tax list [1][2] - The exemptions are expected to benefit high-tech industries such as aerospace, consumer electronics, nuclear energy, and medical devices, providing stability to financial markets after previous confusion regarding gold tariffs [2] - The new tariffs on silicon products may pose cost challenges for the semiconductor and solar industries, raising concerns about the underlying intentions of the policy changes [2] Group 2 - The recent tariff adjustments have led to a dramatic increase in the U.S. trade deficit, which surged by 33% in July to reach $78.8 billion, the highest in four months, primarily due to a 5.9% rise in imports [4] - Companies are stockpiling goods in anticipation of higher tariffs, with gold imports hitting a record high of $10.5 billion in July, indicating a "rush to import" trend driven by policy expectations [4] - The manufacturing sector continues to face challenges, with the PMI remaining below 50 for six consecutive months, indicating ongoing contraction, and the automotive industry particularly affected by high tariffs on imported parts [5]

Group 1 - The core viewpoint of the news is the adjustment of the U.S. tariff system, which exempts various metals and graphite while including silicon products in the tax list [1] - The new policy will officially take effect on the following Monday, covering key product categories including metals, aircraft parts, generic drugs, and specialty spices that cannot be produced domestically [1] - Gold bars have been explicitly exempted from tariffs, addressing previous concerns about potential import taxes that caused market confusion [1] Group 2 - Key materials such as graphite and tungsten, widely used in aerospace, consumer electronics, and medical devices, have received tariff exemptions [1] - Several pharmaceuticals, including antibiotics, are also granted new tariff reductions, despite being subjects of an ongoing trade investigation by the U.S. Department of Commerce [1] - A procedural change has been introduced to enhance the efficiency of trade agreement enforcement, allowing the U.S. Trade Representative and the Department of Commerce to act directly on framework agreements without needing individual presidential signatures [2]

Group 1 - The core viewpoint of the news is that President Trump signed an executive order to exempt various metals and graphite from the global tariff system while adding silicon products to the tax list [1][2] - The new policy will officially take effect on the following Monday and includes tariff adjustments for several key product categories [1][2] - Notably, gold bars have been confirmed to be exempt from tariffs, addressing previous concerns that they might face import taxes [1][2] Group 2 - Key materials such as graphite and tungsten, which are essential for high-tech and critical industries, have received tariff exemptions [2] - Various pharmaceuticals, including antibiotics, have also been granted new tariff reductions, despite being subjects of an ongoing trade investigation by the U.S. Department of Commerce [2] - The executive order introduces a procedural change aimed at improving the efficiency of trade agreement enforcement, allowing the U.S. Trade Representative and the Department of Commerce to act directly without needing individual executive orders from Trump [2]

行情速递 ① 主 板 领 涨 ， 粤 传 媒 (+10.07%)/ 旭 光 电 子 (+10.05%)/ 引 力 传 媒 (+10.03%)/ 元 隆 雅 图 (+10.03%)/楚天龙(+10.01%) / ②创业板领涨， 旗天科技(+16.86%)/润欣科技(+15.67%)/苏州天脉(+9.37%) / ③科创板领涨， 光云科技 (+9.89%)/卓易信息(+8.93%)/海天瑞声 (+7.79%)/ ④活跃子行业， SW营销代理(+4.00%)/SW品牌消费电子(+2.80%)/ 国内新闻 ③赛意信息，发布关于投资建设赛意信息全球研发中心的公告/公司拟投资约 3.3亿元人民币建设全球研发中心/预计建设周期30个月/资金来源为自筹资 金/ ④ 莱尔科技，发布2024年年度权益分派实施公告/公司2024年年度拟向全 体股东每10股派发现金红利0.66元（含税）/合计拟派发现金红利为 10,142,271.48元（含税） / 海外新闻 ① 半导体产业纵横，美国芯片制造商高通周一同意以约24 亿美元的价 格收购英国半导体公司 Alphawave/该公司还推出了首款"硅产品"/可帮 助实现大型数据中心的高速连接 ...