STRONG FINANCIAL PERFORMANCE, STRATEGIC PORTFOLIO EXPANSION, AND NEW LONG-TERM PPAS, SUPPORT LONG-TERM GROWTH TARGETS HIGHLIGHTS TOTAL REVENUES FOR THE FULL-YEAR AND FOURTH QUARTER INCREASED 12.5% AND 19.6%, RESPECTIVELY, COMPARED TO 2024LONG-TERM PPA AGREEMENTS SIGNED WITH GOOGLE AND SWITCHADVANCING ENHANCED GEOTHERMAL SYSTEMS (EGS) THROUGH SLB JOINT VENTURE AND SAGE INVESTMENT AND COOPERATION AGREEMENTORMAT ANNOUNCES FULL YEAR 2026 OUTLOOK AND GROWTH EXPECTATIONS RENO, Nev., Feb. 25, 2026 (GLOBE NEWSWIRE ...

Morning session notice 早盘提示 更多精彩内容请关注格林大华期货官方微信 格林大华期货研究院 证监许可【2011】1288 号 2026 年 1 月 27 日 星期二 研究员： 于军礼 从业资格： F0247894 交易咨询资格：Z0000112 本报告中的信息均源于公开资料，格林大华期货研究院对信息的准确性及完备性不作任何保 证，也不保证所包含的信息和建议不会发生任何变更。我们力求报告内容的客观、公正，但 文中的观点、结论和建议仅供参考，报告中的信息和意见并不构成所述期货合约的买卖出价 和征价，投资者据此作出的任何投资决策与本公司和作者无关，格林大华期货有限公司不承 担因根据本报告操作而导致的损失，敬请投资者注意可能存在的交易风险。本报告版权仅为 格林大华期货研究院所有 任何机构和个人不得以任何形式翻版 如引用、转载、刊发，须注明出处为格林大华期货有限公司。 美国回归门罗主义，在全球收缩，将对全球经济、美债、美股、美元、贵金属、 工业金属等大类资产产生颠覆式深远影响。 鉴于美国连续的错误政策，全球经济已越过顶部区域，开始向下运行。 重要事项: 联系方式：yujunli@greendh. ...

Morning session notice 研究员： 于军礼 从业资格： F0247894 交易咨询资格：Z0000112 联系方式：yujunli@greendh.com | 板块 | 品种 | 多（空） | 推荐理由 | | --- | --- | --- | --- | | | | | 【行情复盘】 周一开盘后，成长类指数即遭到强大的持续卖压，属于近期稳市场的延续，尾盘有 | | | | | 所回稳。两市成交额 3.24 万亿元，继续放量。中证 500 指数收 8506 点，跌 83 点， | | | | | 跌幅-0.97%；中证 1000 指数收 8365 点，跌 105 点，跌幅-1.24%；沪深 300 指数收 | | | | | 4706 点，涨 4 点，涨幅 0.09%；上证 50 指数收 3049 点，涨 17 点，涨幅 0.57%。行 | | | | | 业与主题 ETF 中涨幅居前的是黄金股票 ETF、矿业 ETF、疫苗 ETF 富国、工业有色 | | | | | ETF 万家、有色 ETF 鹏华，跌幅居前的是卫星 ETF、通用航空 ETF 南方、高端装备 | | | | | ETF ...

Market Overview - US stock markets closed higher, with the Dow Jones up 0.64%, Nasdaq up 0.43%, and S&P 500 up 0.50% [1] - Silver experienced its strongest intraday surge since 2008 but later retraced gains, while gold surpassed the $5000 mark for the first time [2] - US natural gas prices surged nearly 30% [2] Corporate Developments - Trump administration is implementing a $1.6 billion debt and equity investment plan to acquire a 10% stake in USA Rare Earth [4] - Nvidia invested $2 billion in CoreWeave and is launching an independent CPU chip [5] - Nvidia plans to enter the Arm PC chip market, with Lenovo and Dell likely to be the first adopters [6] - Microsoft released its second-generation AI chip, Maia 200, aiming to reduce dependency on Nvidia [7] - SoftBank has paused its $50 billion data center acquisition of Switch [8] Industry Trends - The North Sea wind energy initiative is driving industry commitments to invest €9.5 billion [11] - The European Parliament has postponed its decision on whether to restore approval for the US-EU trade agreement [12] - The potential for a new US government shutdown is estimated at nearly 80% according to market predictions [13] Domestic Developments - The Ministry of Commerce announced the launch of a national digital trade demonstration zone and the establishment of relevant standards [14] - The AI healthcare sector is rapidly evolving, with Amazon's One Medical launching an AI health assistant that integrates with its existing medical services [19][20] - The digital trade sector is expected to grow significantly, with cross-border e-commerce reaching a total import and export volume of 2.75 trillion yuan by 2025 [21] Company Announcements - Zijin Mining plans to acquire 100% of United Gold for 28 billion yuan, with gold resources of 533 tons expected by the end of 2024 [22] - Dinglong Co. intends to acquire 70% of Haofei New Materials for 630 million yuan, a leading company in new lithium battery dispersants [22] - Haike New Source signed a long-term cooperation agreement with BYD for the supply of at least 100,000 tons of electrolyte solvent annually [22] - Chuanhuan Technology plans to invest 1.1 billion yuan to build a manufacturing headquarters in East China [22] - Longyuan Donggu's subsidiary received a notification for a project with a lifecycle sales amount estimated between 2.2 billion to 3 billion yuan [22] - Ruixin Microelectronics expects a net profit of 1.023 billion to 1.103 billion yuan for 2025, a year-on-year increase of 71.97% to 85.42% [22] - Multiple companies, including Multi-Fluorine and Lantian Electronics, are projecting significant profit increases for 2025 due to market demand in sectors like new energy and AI [23][24]

Group 1 - The Ministry of Commerce will initiate the construction of a national digital trade demonstration zone and develop relevant standards for digital trade [2] - The goal is to promote the integration of domestic and international standards, facilitate the digital transformation of service outsourcing, and cultivate digital trade entities [2] Group 2 - In 2025, China's total service retail sales are expected to grow by 5.5%, with sectors like cultural and recreational services, tourism consulting, and transportation showing double-digit growth [3] Group 3 - Guangdong's GDP for 2025 is projected to reach 14.58 trillion yuan, marking a 3.9% growth and maintaining its position as the top economy in China for 37 consecutive years [4] - Various economic indicators in Guangdong, including foreign trade and investment, are showing positive performance [4] Group 4 - A new mandatory national standard for automotive steering systems will be implemented starting July 1, aimed at clarifying technical requirements and testing methods for steering systems, including new technologies like steer-by-wire [5] Group 5 - The Chinese潮玩 (trendy toy) industry is expected to exceed 100 billion yuan in total value by 2026, with an annual growth rate of over 20% [7] Group 6 - By the end of 2025, the number of new energy vehicles in China is projected to reach 43.97 million, accounting for 12.01% of the total vehicle population, with pure electric vehicles making up 68.74% of that figure [8] Group 7 - Tencent's chairman, Ma Huateng, announced the upcoming launch of an AI social feature called "Yuanbao Pai," aimed at enhancing social interactions through AI technology [9] Group 8 - KFC has announced a slight price increase of 0.8 yuan on delivery products starting January 26, while maintaining in-store prices, to better manage operational costs [10] Group 9 - Xi Bei's founder, Jia Guolong, plans to return to frontline operations and focus on core business, expecting a cumulative loss of over 600 million yuan from September 2025 to March 2026 [11] Group 10 - Merck has ceased negotiations to acquire Revolution Medicines, which was valued at approximately 30 billion yuan, due to disagreements on pricing [18]

SoftBank (SFTBY) (SFTBF) has paused discussions about acquiring U.S. data center operator Switch, a potential setback to founder Masayoshi Son’s aim to roll out Stargate AI infrastructure, Bloomberg News reported, citing people with knowledge of the matter. Last month, it was ...

新华财经东京1月26日电（记者刘春燕李诗萌）日本东京股市两大股指26日大幅下跌。日经225种股票平 均价格指数收盘下跌1.79%，东京证券交易所股票价格指数下跌2.13%。 受高市早苗支持率下降及日元大幅升值等多重因素影响，东京股市两大股指26日跳空低开。日经股指低 开800多点。大盘全天承压、低位徘徊。由于有消息称软银对美国数据中心运营商Switch的收购谈判陷 入停顿，令孙正义雄心勃勃的人工智能基础设施计划受挫，软银集团股价收盘大跌4.89%。受东京外汇 市场日元对美元汇率大幅升值影响，出口相关股票全面下跌。丰田、本田收盘跌幅均超过4%。 （文章来源：新华财经） 至收盘时，日经指数下跌961.62点，收于52885.25点；东证指数下跌77.21点，收于3552.49点。 从板块来看，东京证券交易所33个行业板块大多下跌，运输机械、银行业、批发业等板块跌幅靠前；仅 水产和农林业、矿业、陆地运输业3个板块上涨。 ...

SoftBank has halted talks about an acquisition of US data center operator Switch, a setback to founder Masayoshi Son’s ambition to roll out Stargate AI infrastructure, according to sources https://t.co/ADIchXxJmw ...

Group 1 - Bank of America upgraded its rating on nuclear startup Oklo (OKLO.US) from "neutral" to "buy," raising the target price from $111 to $127 due to a binding agreement with Meta (META.US) to co-develop a phased 1.2 GW advanced nuclear power plant [1] - The agreement includes customer prepayments to fund early development before the final power purchase agreement (PPA) is signed, providing tangible evidence of execution and commitment from partners [1] - Analysts believe that investors are increasingly seeking concrete evidence of advanced nuclear moving from concept to execution, and the agreement with Meta provides such proof [1] Group 2 - Recent news regarding data center operator Switch's new geothermal supply has somewhat overshadowed the positive factors for Oklo [2] - The geothermal PPA is relatively small and aligns with Switch's multi-technology strategy, serving as incremental support rather than replacing Oklo's potential 12 GW project under the memorandum of understanding (MoU) with Switch [2] - The analyst noted that Switch's significant share in the announced approximately 14 GW project pipeline indicates that the geothermal supply is a minor addition compared to the larger load demands of hundreds of megawatts to several gigawatts [2]

Group 1 - Ormat Technologies, Inc. (NYSE:ORA) is recognized as one of the 10 Best Performing Utility Stocks in 2025 [1] - The company has signed a 20-year power purchase agreement (PPA) with Switch, marking its first direct PPA with a data center operator [3] - Under the PPA, Ormat will supply approximately 13 MW of clean, renewable energy from its Salt Wells geothermal power plant in Nevada, with an option to expand output by adding a 7 MW Solar PV facility [3] Group 2 - Energy deliveries from the agreement are set to begin in the first quarter of 2030, following a major plant upgrade expected to be completed by the second quarter of this year [4] - Roth Capital has maintained a 'Buy' rating on Ormat Technologies, assigning a price target of $125, indicating confidence in the company's growth potential [4]