银河证券12月十大金股出炉：关注“反内卷”等四大主线

大河财立方2025-12-01

【大河财立方消息】12月1日，银河证券研报表示，12月，A股市场仍处于向上态势，短期行情预计呈现震荡结构特征，港股或将受到美联储释放的信号的影响，呈现震荡上行趋势。首先，建议关注12月的中央经济工作会议，2026是“十五五”开局之年，预计会议将重点部署2026年经济政策，在财政货币政策、扩内需、稳地产、“反内卷”等方面或将做出重点部署。其次，美联储在12月议息会议上,可能采取“降息+鹰派指引”的...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2588871011?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-12-01 10:36","share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","id":"2588871011","market":"fut","top_or_hot":-1,"title":"银河证券12月十大金股出炉：关注“反内卷”等四大主线","media":"大河财立方","content":"<div>\n<p>【大河财立方消息】12月1日，银河证券研报表示，12月，A股市场仍处于向上态势，短期行情预计呈现震荡结构特征，港股或将受到美联储释放的信号的影响，呈现震荡上行趋势。首先，建议关注12月的中央经济工作会议，2026是“十五五”开局之年，预计会议将重点部署2026年经济政策，在财政货币政策、扩内需、稳地产、“反内卷”等方面或将做出重点部署。其次，美联储在12月议息会议上,可能采取“降息+鹰派指引”的...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/relnews/hk/2025-12-01/doc-infzhiak3205891.shtml\">网页链接</a>\n\n</div>\n","source":"sina","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>银河证券12月十大金股出炉：关注“反内卷”等四大主线</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n银河证券12月十大金股出炉：关注“反内卷”等四大主线\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-01 10:36 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/stock/relnews/hk/2025-12-01/doc-infzhiak3205891.shtml><strong>大河财立方</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【大河财立方消息】12月1日，银河证券研报表示，12月，A股市场仍处于向上态势，短期行情预计呈现震荡结构特征，港股或将受到美联储释放的信号的影响，呈现震荡上行趋势。首先，建议关注12月的中央经济工作会议，2026是“十五五”开局之年，预计会议将重点部署2026年经济政策，在财政货币政策、扩内需、稳地产、“反内卷”等方面或将做出重点部署。其次，美联储在12月议息会议上,可能采取“降息+鹰派指引”的...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/relnews/hk/2025-12-01/doc-infzhiak3205891.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0175","symbol_name":"白马股","start_time":0,"source_url":"https://finance.sina.com.cn/stock/relnews/hk/2025-12-01/doc-infzhiak3205891.shtml","article_id":"2588871011","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588871011","pubTimestamp":1764556560,"columns":[],"sourceInfo":{"source_id":"sina","name":"sina"},"weMediaInfo":null,"summary":"首先，建议关注12月的中央经济工作会议，2026是“十五五”开局之年，预计会议将重点部署2026年经济政策，在财政货币政策、扩内需、稳地产、“反内卷”等方面或将做出重点部署。其次，美联储在12月议息会议上,可能采取“降息+鹰派指引”的组合。“反内卷”政策预期与推进效果将持续体现，以促进行业业绩改善，美元走弱或将直接推升大宗商品价格。","collect":0,"end_time":0,"defaultTopTitle":"sina.com.cn","property":[],"viewcount":null,"language":"zh","relate_stocks":{"600036":"招商银行","600690":"海尔智家","600941":"中国移动","601899":"紫金矿业","603986":"兆易创新","BK0175":"白马股","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","LU0128522744.USD":"TEMPLETON EMERGING MARKETS \"A\" ACC","LU0011963245.USD":"abrdn SICAV I ASIA PACIFIC SUSTAINAB  LE EQUITY \"A\" (USD) ACC","LU2580892862.HKD":"FRANKLIN SEALAND CHINA A-SHARES \"A\" (HKD) ACC","BK0179":"煤电重组","LU2495084118.USD":"ALLIANZ CHINA A-SHARES \"ATH\" (USDHDG) ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU1146622755.USD":"安本中国A股股票基金A Acc","LU0708995153.HKD":"TEMPLETON EMERGING MARKETS \"A\" (HKD) ACC","BK0010":"央企","SGXZ81163826.USD":"UNITED CHINA A-SHARES INNOVATION \"A\" (USD) ACC","LU1997244956.HKD":"ALLIANZ CHINA A-SHARES \"AT\" (HKD) ACC A","BK0278":"货币金融","SGXZ49509284.SGD":"United China A Shares Innovation A Acc SGD","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","LU0140636845.USD":"施罗德大中华区股票A Acc","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","002128":"电投能源","BK0120":"钢结构","LU0047713382.USD":"BGF EMERGING MARKETS \"A2\" ACC","BK0127":"黄金珠宝","BK0125":"芯片国产化","BK0224":"电气机械","BK0214":"IT设备","BK0256":"金属制品","SG9999000459.SGD":"Aberdeen Standard Pacific Equity SGD","LU1655091616.SGD":"JPMorgan Funds - China A-Share Opportunities A (acc) SGD","BK0188":"融资融券","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","BK0012":"证金概念","BK0102":"重组","LU1997245177.USD":"安联神洲A股基金","BK0187":"一线龙头","BK0077":"质押式回购","BK0015":"沪股通50","LU2580892789.USD":"FRANKLIN SEALAND CHINA A-SHARES \"A\" (USD) ACC","LU0210526637.USD":"JPM CHINA \"A\" (USD) ACC","002487":"大金重工","BK0028":"国家队","BK0197":"中小创蓝筹","BK0201":"可转债","BK0130":"工业4.0","SG9999001903.USD":"Aberdeen Standard Pacific Equity USD"},"translate_title":"Galaxy Securities' top ten gold stocks in December are released: focus on four main lines such as \"anti-involution\"","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600036":1,"600690":1,"600941":1,"601899":1,"603986":1,"002128":1,"002487":1},"content_text":"【大河财立方消息】12月1日，银河证券研报表示，12月，A股市场仍处于向上态势，短期行情预计呈现震荡结构特征，港股或将受到美联储释放的信号的影响，呈现震荡上行趋势。首先，建议关注12月的中央经济工作会议，2026是“十五五”开局之年，预计会议将重点部署2026年经济政策，在财政货币政策、扩内需、稳地产、“反内卷”等方面或将做出重点部署。其次，美联储在12月议息会议上,可能采取“降息+鹰派指引”的组合。再次，一系列产业会议可能催生相关主题的投资机会。例如，12月1日2025“人工智能+”产业大会，12月4日脑机接口大会，12月9日第九届国际碳材料大会，12月11日2025算力产业生态高质量发展大会。最后，12月18日，海南自由贸易港正式启动全岛封关运作，影响免税零售、现代物流与贸易服务等。关注线索：（1）“反内卷”主线。“反内卷”政策预期与推进效果将持续体现，以促进行业业绩改善，美元走弱或将直接推升大宗商品价格。建议关注受益于金铜量价齐升的资源品板块。（2）出海主线。中国高端制造业在全球市场份额未来有望持续提升，叠加2026年相对稳定的外部贸易环境，海外收入预期成为公司利润增长的重要动力。建议关注风电设备、家电出口相关板块。（3）高股息与红利主线，建议关注现金流稳定、分红率占优的防御板块。（4）科技创新和内需复苏主线。半导体行业周期复苏，叠加国产替代长期逻辑，细分领域龙头有望率先受益，同时政策促消费方向明确，服务类消费有望成为新增长点，商业运营龙头直接受益。附十大金股大金重工(002487.SZ）中国移动(600941.SH）龙净环保(600388.SZ）华润万象生活(1209.HK）大麦娱乐(1060.HK）紫金矿业(601899.SH）电投能源(002128.SZ）海尔智家(600690.SH）兆易创新(603986.SH）招商银行(600036.SH）责编:陶纪燕 | 审核:李震 | 监审:古筝\n\n\n\n海量资讯、精准解读，尽在新浪财经APP","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588871011","isCrawlerRequest":true}