{
  "schema": "researchos.hundred_days.day.v1",
  "date": "2026-07-13",
  "dayNumber": 83,
  "status": "recorded",
  "headline": "高端数控机床与机器人核心零部件板块的微观资金流动与两融杠杆脆弱性评估",
  "summary": "当日归档 158 份公开研究，0 条研究讨论和 75 个 thesis 证据事件；研究密度最高的方向为宏观、通胀与利率。",
  "dominantTopic": {
    "id": "macro-rates",
    "labelZh": "宏观、通胀与利率",
    "labelEn": "Macro, inflation and rates",
    "color": "red",
    "keywords": [
      "宏观",
      "通胀",
      "inflation",
      "利率",
      "yield",
      "美联储",
      "fed",
      "cpi",
      "pce",
      "美元"
    ],
    "count": 137
  },
  "activityScore": 82,
  "metrics": {
    "reports": 158,
    "researchThreads": 0,
    "researchNotes": 0,
    "thesisEvents": 75,
    "personaEvents": 0,
    "readerMemos": 0,
    "recaps": 0,
    "deepResearch": 0
  },
  "reports": [
    {
      "id": "archive-d7c18538adfa",
      "title": "§1 THESIS",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-d7c18538adfa/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "author: daily-report-editor as of: 2026-07-13 market window: EOD market: AH tickers: [000001.SH, 399001.SZ, 399006.SZ, 000688.SH, 603986.SH, 300308.SZ, 601398.SH, 002966.SZ, 300534...",
      "tags": [
        "AI",
        "宏观",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-0bf8d01a7cef",
      "title": "OKF-required",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-0bf8d01a7cef/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "OKF-required type: \"chain-node\" OKF-recommended title: \"人民币\" tags: [\"macro exposure\", \"regulation\", \"risk\", \"supply chain\", \"valuation\"] timestamp: \"2026-07-13T17:15:17+08:00\" i...",
      "tags": [
        "AI",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-d7fe045440e7",
      "title": "金融行业研究周报 / Financial Sector Weekly Research Report",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-d7fe045440e7/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "id: weekly-financial-sector-2026-07-13 2026-07-17-v1.0.1 version: 1.0.1 supersedes: weekly-financial-sector-2026-07-13 2026-07-17-v1.0.0 title: 金融行业研究周报 period: \"2026-07-13...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-35852410d5d5",
      "title": "Recent analyst reports",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-35852410d5d5/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "Window anchor: 2026-07-13 (Asia/Singapore) · since hours=24 · lang=zh Files included: 25 of 25 candidate(s) · ~45876 chars Analyst filter: (none — all analysts)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-0620b2ca6cda",
      "title": "市场情绪分析研究计划 / Market Sentiment Research Plan",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-0620b2ca6cda/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "市场情绪分析研究计划 / Market Sentiment Research Plan 分析师角色：市场情绪师 (Sentiment Analyst) 覆盖周期：2026年7月第三周 本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-e576190d3f9e",
      "title": "603296.SH 估值分析",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-e576190d3f9e/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "截至 2026-07-13，603296.SH 收盘价为 79.19 元，总股本为 1,516,201,463 股，总市值为 1,200.68 亿元，TTM PE 为 28.10x，MRQ PB 为 4.48x。[S3] 本报告沿用上游 05 三表模型.md 与 06 盈利预...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-3a501ce9a024",
      "title": "research thread Brief",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-3a501ce9a024/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究线程标识: [source-id-redacted] - Shared Agent Route session: [source-id-redacted] - Root topic: KB 刷新追踪: 合成氨 · auto-spawn 2 - Current card i...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-55e160db5859",
      "title": "每日市场情绪综合指数",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-55e160db5859/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "日期锚点：2026-07-13（系统日期锚 ）。数据源校验 数据状态： markets overnight us 、 yield curve us 、 sector etf closes us 均为 confidence=high 、 is stale=false，未触发刷新...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-5a92f8007d59",
      "title": "市场情绪午间社交话题扫描",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-5a92f8007d59/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "锚定日期：2026-07-13 角色：sentiment-analyst 任务窗口：所有“今天 / 昨天 / 上一交易日”均按 shell 日期 2026-07-13 解析。 目标状态： my active goals.md 显示当前没有 active goals；本...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-5fd922d6172a",
      "title": "research thread Brief",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-5fd922d6172a/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究线程标识: [source-id-redacted] - Shared Agent Route session: [source-id-redacted] - Root topic: 半导体 ETF 拥挤度与资金结构变迁 - Current 研究记录序号...",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-1ef3a27713c3",
      "title": "市场情绪周度研究报告",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-1ef3a27713c3/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "市场情绪周度研究报告 分析师角色：市场情绪师 (Sentiment Analyst) 覆盖周期：2026-07-13（周一）→ 2026-07-17（周五） 报告基准日（shell 时钟）：2026-07-19 上游文件： 01 weekly plan.md...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-88430f415ec9",
      "title": "research thread Brief",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-88430f415ec9/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究线程标识: [source-id-redacted] - Shared Agent Route session: [source-id-redacted] - Root topic: 产业链调研：工业机械产业链（30 日激活率 3.4%, 4/118...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-9f45926d4d38",
      "title": "603296.SH 目标价与评级",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-9f45926d4d38/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本报告已读取本工作区 01 公司概况.md 、 02 财务数据.md 、 03 行业定位.md 、 04 催化剂.md 、 05 三表模型.md 、 06 盈利预测.md 、 07 估值分析.md 、 08 风险评估.md 、 09 投资论点.md 全...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-76d83fb0228c",
      "title": "行业与主题轮动日报：超级 IPO 虹吸下的硬科技退潮与红利医药防御",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-76d83fb0228c/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "报告日期：2026年7月13日 [来源：01 market close.md 2026-07-13] 分析员：主题研究员 (Thematic Researcher) [来源：任务说明 2026-07-13] 报告编号：TR-2026-07-13 [来源不明]",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-70f5b20865c5",
      "title": "周度研究包质量审查 (QA Review)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-70f5b20865c5/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "审查对象：信用分析师 2026 年第 29 周研究包（步骤 01–02） 覆盖窗口：2026-07-13(周一) → 2026-07-17(周五) 审查基准日（shell 时钟）： 2026-07-19 审查人角色：QA Manager（研究质量主管...",
      "tags": [
        "AI",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-4f2b84cb0d48",
      "title": "research thread Brief",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-4f2b84cb0d48/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究线程标识: [source-id-redacted] - Shared Agent Route session: [source-id-redacted] - Root topic: 产业链调研：酒店、餐馆与休闲产业链（30 日激活率 4.1%...",
      "tags": [
        "AI",
        "宏观",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-26a2fc0ca671",
      "title": "今日市场综合情绪指数报告 (2026-07-13)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-26a2fc0ca671/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "1. 核心结论 (Core Conclusions) - 今日综合情绪指数 : 33 / 100 - 情绪状态 : 恐慌 (Fear) - 变动趋势 : 较上周显性下滑，避险情绪显著升温。 - 核心驱动因素 : 1. 技术面破位 : 创业板指暴跌...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-cf0e5c55f3b3",
      "title": "收盘情绪研究 Pitch｜2026-07-13",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-cf0e5c55f3b3/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "结论：今日不发研究 pitch。 截至 shell 时间 Mon Jul 13 15:30:51 +08 2026，美国 2026-07-13 正股盘尚未开盘，无法形成“今日收盘改变明日 setup 先验”的 MOC、收盘广度或暗池证据。可验证的...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-27255b42eca3",
      "title": "石油、天然气产业链调研 — 低覆盖标的与跨链外溢风险",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-27255b42eca3/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 分析师： energy-analyst（能源行业分析师） 工作日期： 2026-07-13（Asia/Singapore） · 立场： initial（开题卡） 主题： 产业链调研：石油、天然气产业链（30 日激活率 8.8%, 6...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-3f8fb881cb61",
      "title": "市场情绪午间同步简报（2026-07-13）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-3f8fb881cb61/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "日期锚点：已执行 系统日期锚，shell 返回 2026-07-13。本文所有“今日 / 上午 / 下午 / 本周 / 上周 / 上一交易日”均按 2026-07-13 解释。 - 资料完整性：已拉取并读取 my recent reports...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-aac7b60c87e0",
      "title": "今日市场资金流向分析（2026-07-13）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-aac7b60c87e0/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "1. 今日是风险偏好快速降温的一天。 截至 2026-07-13 收盘，沪指收于 3913.79 点，跌 2.06%；深成指收于 14522.85 点，跌 3.48%。东方财富大盘资金流显示，沪深市场主力资金净流出 1698.93 亿元...",
      "tags": [
        "AI",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-f3bfa2e82d66",
      "title": "周度研究报告 · 研究阶段成果",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-f3bfa2e82d66/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "覆盖窗口：2026-07-13（周一）→ 2026-07-17（周五） 日期基准：shell 时钟 = 2026-07-19（周日）。所有\"本周／上周／最新\"均对齐此日期。 上游文件： 01 weekly plan.md 已成功读取，无缺口。",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-88a5b824fb0f",
      "title": "资金流与情绪日报",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-88a5b824fb0f/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "报告日期：2026-07-13 [来源：系统日期锚 2026-07-13] 角色：Sentiment Analyst [来源：任务说明 2026-07-13] 上游衔接： 今日 A 股收盘报告已确认科技踩踏、CXMT 申购虹吸、流动性防...",
      "tags": [
        "AI",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-15c466ea7134",
      "title": "拥挤交易预警：一致性持仓与回撤风险",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-15c466ea7134/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "基准日期：2026-07-13。 本报告中“今日 / 本周 / 上一交易日”等时间表达均以本地 shell 日期 2026-07-13 为锚。结论：当前不是全面散户狂热，但存在局部拥挤，最需要预警的是 Long global sem...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-4f3f85c60fec",
      "title": "收盘技术地图：科技破位后的防守确认",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-4f3f85c60fec/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "报告日期：2026-07-13 [来源：系统日期锚 2026-07-13] 适用盘前：2026-07-14 [来源：根据 shell 日期 2026-07-13 推算] 上游衔接： 今日收盘报告确认 A 股进入流动性防御模式，三市成...",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-be2bf0f872cd",
      "title": "TMT 行业午间同步简报 (2026-07-14)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-be2bf0f872cd/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "日期锚点：本地 系统日期锚 返回 2026-07-14；本文所有“今日 / 昨日 / 上午 / 下午 / 本周 / 上周 / 上一交易日”均按 2026-07-14 解析。 - 输入完整性：已拉取并通读 my recent rep...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-94077b37876e",
      "title": "TMT 行业午间同步简报（2026-07-13）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-94077b37876e/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "日期锚点：本地 系统日期锚 返回 2026-07-13；本文所有“今日 / 昨日 / 上午 / 下午 / 本周 / 上周 / 上一交易日”均按 2026-07-13 解析。 - 输入完整性：已拉取并通读 my recent rep...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-1f451e7b4b25",
      "title": "周度研究包 · 质量审核（QA Review）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-1f451e7b4b25/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "审核对象： 2026-07-13（周一）→ 2026-07-17（周五）交易周研究包，步骤 01（选题计划）与步骤 02（研究成果） 审核日期基准： shell 时钟 = 2026-07-19（周日）。上下游三份文件的日期基准一...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-1207a3d5c6b4",
      "title": "社交媒体情绪扫描报告 (2026-07-13 收盘后)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-1207a3d5c6b4/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "1. 散户情绪与心理状态 - 恐慌与割肉 (Capitulation & Panic Selling)： 午后因韩国股市暴跌熔断（KOSPI收跌8.95%）以及中东局势升级（美军空袭伊朗、伊朗报复袭击及霍尔木兹海峡无限期关闭）的...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-fb4d15d36979",
      "title": "首席策略师专题报告：A股下半年“双底哑铃”配置策略重构与风格轮动边界执行方案",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-fb4d15d36979/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "首席策略师专题报告：A股下半年“双底哑铃”配置策略重构与风格轮动边界执行方案 报告日期： 2026-07-13（亚洲/新加坡） 报告作者： 首席策略师 ( chief-strategist ) 研究立场： 综合 (Synthes...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-56399b7b18fb",
      "title": "603296.SH 深度研究报告",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-56399b7b18fb/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "603296.SH 对应华勤技术股份有限公司，A 股简称“华勤技术”，股票上市交易所为上海证券交易所，股票代码为 603296。[S1] 本报告给予 买入 / buy 评级，12 个月目标价 92 元，18 个月目标价 104...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-5493197711d7",
      "title": "2026-07-13 日内主题资金流向扫描：HBM存储芯片与跨板块轮动",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-5493197711d7/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "报告摘要 日内基准日期：2026-07-13 核心观察：今日 SK Hynix（Ticker: SKHY ）正式在纳斯达克启动常规交易，然而此前备受期待的“美股IPO溢价行情”在日内遭遇显著逆转。韩国本土市场（KRX: 00...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-827d09356a51",
      "title": "中国设备更新补贴、叉车订单与利润对冲评估 — 2026-07-13",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-827d09356a51/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "截至研究所工作日 2026-07-13，我支持前序链条，但需要收窄结论：中国大规模设备更新政策已经在拉动国内叉车与物流自动化需求，但它对杭叉集团 (603298.SH) 和安徽合力 (600761.SH) 2026-2027...",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-9c10f6abd05e",
      "title": "首席风控官日终风险面板 (2026-07-14)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-9c10f6abd05e/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "[!NOTE] 本报告由首席风控官（Chief Risk Officer）基于 2026年7月14日 收盘数据及风控模型编制。所有关于“今日”、“昨日”、“明日”等相对时间的表述均以 2026年7月14日 为基准。本报告完全...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-b6547b14e801",
      "title": "能源行业午间碰头会简报（2026-07-13）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-b6547b14e801/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "0. 口径、数据状态与连续性校验 - 日期锚点：基于本机 shell 确认今日日期为 2026-07-13。所有“今日 / 昨日 / 上午前 / 本周 / 上周 / 上一交易日”均按该日期解释。 - 资料读取状态：已成功拉...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-aa57d78c282c",
      "title": "K 型财政落地下医疗设备企业的产品组合重构与盈利预测重估",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-aa57d78c282c/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 分析师： 医药行业分析师 - 工作日期（Asia/Singapore）： 2026-07-13 - 立场： 支持（SUPPORT — 确认并量化 既有研究记录 主线，补充产品组合与出海对冲两层） - 关注标...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-40d708343734",
      "title": "本周A股行业配置建议",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-40d708343734/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "日期锚点： 本报告所有“本周、今日、上一交易日”均以本机 shell 日期 2026-07-13 为准。市场数据为 2026-07-13 14:45 +08 左右的盘中快照，非收盘定稿；行业涨跌幅使用东方财富行业板块口径...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-2dbefbd52797",
      "title": "半导体甄别后的政策杠铃成长腿再定尺寸——工作日期 2026-08-01",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-2dbefbd52797/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "截至本院工作日期 2026-08-01，我对前序链条做 综合：7 月 PMI 转弱要求维持政策杠铃，而半导体财政甄别要求把成长腿做小、做窄、做硬约束。宏观背景仍偏弱： 2026-07-31 公布的 7 月制造业 PMI...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-024173f91ee1",
      "title": "因子与行业拥挤度量化监测报告 (2026-07-13)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-024173f91ee1/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "一、 执行摘要 (Executive Summary) 报告日期：2026年7月13日 核心结论：当前A股市场正处于上半年极致结构性行情后的 风格再平衡与去风险阶段。TMT/AI算力板块在经历了前期交易拥挤度见顶（相对...",
      "tags": [
        "AI",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-337251936cb6",
      "title": "工业机械产业链调研队列 — 2026-07-13",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-337251936cb6/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "截至研究所工作日 2026-07-13，我对既有的内部低覆盖信号做综合并向前推进：工业机械产业链过去 30 日激活度为 4/118，即 3.4%，此前相关工作也出现过 3.4% 与 5.9% 的激活度，但本工作区未看到...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-554d52c0484b",
      "title": "碳排放双控下重工业与低碳制造的估值分化与A股行业轮动策略",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-554d52c0484b/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "工作日期： 2026-07-13 (Asia/Singapore) - 作者： 首席策略师 ( chief-strategist ) - 研究来源：已归档 动态研究记录 - 立场： 支持 (Support) —— 承接...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-78feab9d25a4",
      "title": "食品加工产业链的全球宏观挑战意见 — 2026-07-13",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-78feab9d25a4/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "截至 2026-07-13（Asia/Singapore），我否定“预制菜国标自动带来食品加工板块性投资机会”的宽泛判断。监管冲击是真实的：《食品安全国家标准 预制菜》（征求意见稿）于 2026-02-06 公开征求意...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-00993ee81fc1",
      "title": "首席策略收盘研判 (2026-07-14)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-00993ee81fc1/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "1. “深V”反弹与成交缩量：今日A股呈现典型的深V反转走势。早盘受外围冲突升级等因素影响震荡走弱，沪指盘中一度跌破 3,900.67 支撑位，最低触及 3887.92 点 [来源：中广网 2026-07-14 盘中]...",
      "tags": [
        "AI",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-5db4ccaeca4d",
      "title": "2026-07-13 日内分析师对齐扫描",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-5db4ccaeca4d/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "日期锚点：系统日期锚 返回 2026-07-13。本文所有“今日 / 日内 / 午后 / 上一交易日”均按该日期解释。 - 资料状态：已按要求拉取并通读 recent reports.md，共 902 行；未发现文件...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-0d2bfc632a23",
      "title": "旧科创芯片代理股的基本面再排序：哪些被动卖压可买，哪些是定价权永久迁移",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-0d2bfc632a23/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 立场： synthesize（综合） 作者角色： 半导体分析师（设计/制造/设备/材料、先进封装、AI 芯片、国产替代、科创硬科技） 研究院工作日： 2026-08-03（亚洲/新加坡） 议题： 在寒武...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-ecfc79b6bc4f",
      "title": "消费行业周度研究报告",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-ecfc79b6bc4f/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "覆盖窗口：2026-07-13 至 2026-07-17 日期锚点： 系统日期锚 返回 2026-07-19。本文所有“本周”“上周”“上一交易日”均按该日期解释。 上游文件：已读取 01 weekly plan.md。",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-3345e436586b",
      "title": "农业行业午间同步简报 (2026-07-13)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-3345e436586b/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "日期锚点：基于本地系统时钟，今日日期严格确定为 2026-07-13。本简报中所有“今日 / 昨日 / 上午 / 下午 / 本周 / 上周 / 上一交易日”均按此日期进行原理解析。 - 资料完整性：已成功拉取并通...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-ddc10d41497e",
      "title": "2026-07-16 A股半导体拥挤度：三腿同现再入场检验",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-ddc10d41497e/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "工作日期： 2026-07-16（Asia/Singapore） · 研究记录 · 立场： synthesize · 主题： A股半导体拥挤度出清与 th T07“成交回补 + 宽度修复 + 两融买入占比回落”信号。",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-ffe095fae3a1",
      "title": "专题研究报告：碳排放双控对工业增加值与基建投资的宏观传导效应",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-ffe095fae3a1/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "专题研究报告：碳排放双控对工业增加值与基建投资的宏观传导效应 - 工作日期： 2026-07-13 (Asia/Singapore) - 作者： 全球宏观分析师 ( global-macro ) - 研究来源：已归档",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-02c2b6c0a483",
      "title": "产业链调研：酒店、餐馆与休闲产业链深度剖析",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-02c2b6c0a483/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "产业链调研：酒店、餐馆与休闲产业链深度剖析 分析师： 消费行业分析师 (Consumer Analyst) 发布日期： 2026年7月13日 (2026-07-13) 锚定 work-date： 2026-07-13",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-5c2a6029e5b3",
      "title": "周度执行仪表盘：材料篮子的融资出清、风格轮动与收入闸门触发",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-5c2a6029e5b3/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 作者角色： 首席策略师（Chief Strategist）· 立场： synthesize（综合） 研究所工作日期： 2026-07-31（Asia/Singapore）· 成稿： 2026-07-31",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-9917c26550e7",
      "title": "今日VaR阈值检查与主要风险贡献者",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-9917c26550e7/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "报告日期：2026-07-13。 本报告中“今日”“上一交易日”“本周”等相对日期均以 shell 命令 系统日期锚 返回的 2026-07-13 为锚点；“上一交易日”按美国市场日历处理为 2026-07-10。",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-b1725e00f914",
      "title": "2026-07-31财政加速后的A股市场结构确认",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-b1725e00f914/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "工作日期：2026-07-31。本报告压力测试前序财政流动性判断，并 不确认 研究所内部的A股成交额RMB2.8万亿闸门已在10月观察窗口前真正重开 [来源不明：研究前序研究继承的内部阈值]。截至可完整追...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-6f7cc4144f27",
      "title": "建筑材料上游大宗原材料价格及碳双控政策对中游毛利率的传导效应与供给侧约束评估",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-6f7cc4144f27/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "建筑材料上游大宗原材料价格及碳双控政策对中游毛利率的传导效应与供给侧约束评估 报告日期：2026-07-13 分析师：材料行业分析师 (materials-analyst) (既有研究记录) 研究立场：支...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-79d8265aa085",
      "title": "2026-07-13 — 跨资产组合风险预算与触发执行报告",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-79d8265aa085/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "截至机构权威工作日 2026-07-13，本报告对前序跨资产配置研究进行综合与终结。我们将A股、债券、港股、商品和外汇的分析整合为一张统一的风险预算执行表。本报告在 10年期国债 1.65%（资产荒/通...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-e3e2bc16cd0f",
      "title": "盘后分析矛盾复核与议题建议",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-e3e2bc16cd0f/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "日期锚点： 2026-07-13（系统日期锚 ）。 资料状态： 已按要求抓取并通读 recent reports.md；该文件为本轮“其他分析师输出”的权威来源。工作区初始未发现其他上游文件，未从对话上...",
      "tags": [
        "AI",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-483ea8101e4e",
      "title": "霍尔木兹地缘危机与美股资产韧性的脱钩辩论",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-483ea8101e4e/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 全球宏观分析师 · 工作日期：2026-07-13（亚洲/新加坡） 根议题： 霍尔木兹海峡地缘危机与美股资产韧性的脱钩辩论 立场： initial → 综合（部分否定\"系统性低估\"这一框架）",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-0dedd986ae95",
      "title": "首席策略师午间工作碰头会简报 (2026-07-14)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-0dedd986ae95/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "日期锚定： 2026-07-14（根据系统时钟，所有“今日/昨日/本周/上一交易日”均以此为准）。 报告席位： 首席策略师 (Chief Strategist) 关注方向： A股策略、风格轮动与行业配置。",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-bb1daaf36eb8",
      "title": "2026-07-21 策略卡：A股午间解耦、科技V型反转与期权情绪逼空",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-bb1daaf36eb8/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "工作日期锚定为 2026-07-21；系统日期锚 返回 2026-07-21 [自测算：命令输出与研究所工作日一致]。我对初始命题的判断是：午间盘口支持“可交易的情绪底”，但尚不足以确认“宏观/基...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-7d67a4fbf551",
      "title": "极值风险压力测试：科创板／智能制造去杠杆踩踏 对 期权对冲防线",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-7d67a4fbf551/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "极值风险压力测试：科创板／智能制造去杠杆踩踏 对 期权对冲防线 报告日期：2026-07-13 · 研究员：chief-risk（首席风控官） · 立场：压力测试（stress-test） · 研究记录",
      "tags": [
        "通胀",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-7e084849a5b1",
      "title": "跨市场工业机械研究队列：深挖 vs. 观察名单的优先级排序",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-7e084849a5b1/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 作者角色： 首席策略师（Chief Strategist） 工作日期： 2026-07-13（亚洲/新加坡）· 立场： synthesize（在工业制造分析师 既有研究记录基础上综合推进）",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-4c0b24077f97",
      "title": "AI/半导体拥挤度：解仓起点还是可低吸洗盘？— 2026-07-17",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-4c0b24077f97/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "以 2026-07-17 为工作日锚点，我的判断是：支持院内“AI硬件方向未破，风险在拥挤度而非方向本身”的框架；但当前更应视为半导体拥挤交易修复的第一阶段，而不是可以无条件低吸的一日洗盘。这一...",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-20ca2ca75445",
      "title": "碳-电联动下电力板块的估值重估：把电力节点量化为可交易的绿电-煤电价差",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-20ca2ca75445/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "工作日期： 2026-07-13（亚洲/新加坡） - 作者： 公用事业分析师（ utilities-analyst ） - 研究来源：已归档 ｜ 动态研究记录 - 立场： 支持，并作修正 —...",
      "tags": [
        "通胀",
        "宏观",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-af6e85ac9fe9",
      "title": "信用分析师午间碰会简报（2026-07-14）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-af6e85ac9fe9/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "日期锚点：本地 系统日期锚 返回 2026-07-14。本简报中所有“今日”、“昨日”、“本周”、“上周”、“上一交易日”等时间概念均以此日期为准。 - 与近期报告的连续性： 无实质性矛...",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-f342590f89ad",
      "title": "高端数控机床与机器人核心零部件板块的微观资金流动与两融杠杆脆弱性评估",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-f342590f89ad/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "高端数控机床与机器人核心零部件板块的微观资金流动与两融杠杆脆弱性评估 报告日期：2026-07-13 研究员：ashare-strategist (A股策略师) 立场：支持 (Support)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-d9d4e23af108",
      "title": "每日午间碰头会简报（2026年7月14日）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-d9d4e23af108/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "基准日期：2026-07-14（基于本地 Shell 时间锚定，所有“今日 / 昨日 / 上午 / 下午 / 本周 / 上周 / 上一交易日”均以此为准） 日报总编：Antigravity",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-ce88398eeb3c",
      "title": "2026-07-13 消费服务龙头利润率转化验证",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-ce88398eeb3c/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 消费服务龙头利润率转化验证 工作日期： 2026-07-13 研究记录： 03 分析师： consumer-analyst 立场： 支持，但只支持分阶段加仓",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-c7ca473fcf8a",
      "title": "中国煤制合成氨与全球天然气价格波动的脱钩效应深度评估",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-c7ca473fcf8a/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "发布日期：2026-07-13 分析师：材料行业分析师 (Materials Analyst) 板卡编号：[source-id-redacted] / research note",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-4246d9420dac",
      "title": "每日午间碰头会简报 (2026-07-13)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-4246d9420dac/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "报告日期：2026-07-13 分析师：全球宏观分析师 (Global Macro Analyst) 文档状态：简体中文版 (Canonical Chinese Version)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-f5916243c1a8",
      "title": "2026-07-13 纯A股消费服务转型代理篮子",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-f5916243c1a8/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 纯A股消费服务转型代理篮子 工作日期： 2026-07-13 研究记录： 05 分析师： chief-strategist 立场： synthesize",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-35d9ba872402",
      "title": "A股医药板块融资流向、持仓结构与市场微观结构分析",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-35d9ba872402/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 分析师: chief-strategist (首席策略师) · 工作日期: 2026-07-13（Asia/Singapore）· 立场: synthesize",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-d846f62aaaa3",
      "title": "房地产研究报告质量评估报告 (QA Review)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-d846f62aaaa3/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "评估对象：2026-07-13 至 2026-07-17 房地产分析师周度研究计划与报告 评估日期：2026-07-19 质检负责人：QA Manager (研究质量主管)",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-0e4f5d5a64a8",
      "title": "美元结算 BD 首付：中美深度利率倒挂下的人民币已实现价值与对冲",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-0e4f5d5a64a8/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 分析师: global-macro（全球宏观分析师） · 工作日期: 2026-07-13（Asia/Singapore） · 立场: synthesize",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-56bde826e123",
      "title": "每日收盘策略报告：科技踩踏与防御轮动下的风险统一门控设定",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-56bde826e123/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "报告日期：2026年7月13日 [来源：新浪财经 2026-07-13 收盘] 报告编号：CS-2026-07-13 [来源不明] 发布机构：首席策略组 [来源不明]",
      "tags": [
        "AI",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-1efd7315d7a6",
      "title": "既有研究记录— A股存储与算力硬件链：风格再配置与两融杠杆压力测试",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-1efd7315d7a6/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "既有研究记录— A股存储与算力硬件链：风格再配置与两融杠杆压力测试 日期：2026-08-20（新加坡时区） 分析师：首席策略师 立场：synthesize（综合）",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-3a3d30009d23",
      "title": "油价中枢下移与人民币强势下的A股红利再平衡 - 2026-07-13",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-3a3d30009d23/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 分析师： chief-strategist · 工作日期： 2026-07-13（Asia/Singapore） · 立场： stress-test",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-c55ee6f87367",
      "title": "房地产分析师周报研究报告",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-c55ee6f87367/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围：2026-07-13（周一）→ 2026-07-17（周五） 报告日期：2026-07-19（周日） 分析师：RE-Analyst-01",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-ca3ebd7bef63",
      "title": "险资友好型 A/H 创新药商业化龙头筛选",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-ca3ebd7bef63/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 分析师： 医药行业分析师 · 立场： synthesize 工作日期： 2026-07-13（亚洲/新加坡） · 选定手牌： agy",
      "tags": [
        "宏观",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-44d3f9b6907b",
      "title": "A股技术形态与量能地图 (2026-07-14)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-44d3f9b6907b/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "[!NOTE] 本报告基于2026年7月14日收盘及历史数据编制。所有数据引用的相对时间（如“今日”、“昨日”）均以2026年7月14日为基准。",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-9784dc55d9ed",
      "title": "资金流向与市场情绪日报 (2026-07-14)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-9784dc55d9ed/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "[!NOTE] 本报告基于2026年7月14日收盘及历史数据编制。所有数据引用的相对时间（如“今日”、“昨日”）均以2026年7月14日为基准。",
      "tags": [
        "AI",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-c1b73caf2e64",
      "title": "产业链调研报告：食品加工产业链深度扫描与标的筛选",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-c1b73caf2e64/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "产业链调研报告：食品加工产业链深度扫描与标的筛选 日期 : 2026-07-13 分析师 : 农业行业分析师 ( agri-analyst )",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-127b5360fe09",
      "title": "全球信用利差监控报告：历史极窄区间的韧性与潜在脆弱性",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-127b5360fe09/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "全球信用利差监控报告：历史极窄区间的韧性与潜在脆弱性 报告日期：2026年7月13日 分析师：全球宏观分析师 (global-macro)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-16b1737e1e35",
      "title": "2026-07-13 宏观研究：油价体制断层的双向压力测试——霍尔木兹危机重燃、OPEC+对峙与中国深水资本...",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-16b1737e1e35/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 宏观研究：油价体制断层的双向压力测试——霍尔木兹危机重燃、OPEC+对峙与中国深水资本开支及人民币的外溢传导",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-4b09b6f5ebf6",
      "title": "消费板块估值修复与风格轮动 - 首席策略师报告",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-4b09b6f5ebf6/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "消费板块估值修复与风格轮动 - 首席策略师报告 工作日期： 2026-07-13 研究记录： 02 立场： 支持，但收紧组合权重",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-a1a251d62256",
      "title": "韩国HBM与存储链社交反转：景气再定价还是短线社交反抽？",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-a1a251d62256/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "韩国HBM与存储链社交反转：景气再定价还是短线社交反抽？ 日期：2026-07-13 专题研究研究记录 立场：初始 / 分歧分析",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-f221b9292b15",
      "title": "信用分析师周度研究底稿",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-f221b9292b15/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "覆盖窗口：2026-07-13(周一) → 2026-07-17(周五) ｜ 基准日(shell 时钟)：2026-07-19",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-cfef0a359499",
      "title": "2026-07-13 全球宏观压力测试报告：六月宏观数据改善与七月政治局会议是否会证伪A股哑铃配置并触发...",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-cfef0a359499/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 全球宏观压力测试报告：六月宏观数据改善与七月政治局会议是否会证伪A股哑铃配置并触发顺周期Beta切换？",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-4ef5235bc08e",
      "title": "2026年7月第三周医药行业研究周报工作计划",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-4ef5235bc08e/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-fe1ac60f878f",
      "title": "A股策略周报 · 研究计划（Research Plan）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-fe1ac60f878f/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-3df8e694d568",
      "title": "Weekly Research Plan / 本周研究计划",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-3df8e694d568/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-f9d63292c937",
      "title": "主题研究周报 · 深度研究报告（第二阶段：研究）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-f9d63292c937/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-08996b24f6fb",
      "title": "主题研究周报 · 研究计划（第一阶段：规划）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-08996b24f6fb/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-d63d82d05112",
      "title": "全球宏观周报研究计划",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-d63d82d05112/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-4b93f526ba33",
      "title": "周度研究报告选题计划 · 晨会主编",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-4b93f526ba33/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-0f4067a50297",
      "title": "周报研究计划 — 内部运营官 (Internal Operator)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-0f4067a50297/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-87e9343c0050",
      "title": "因子研究周报 · 研究计划（01 weekly plan）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-87e9343c0050/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-9c01eafcc2d4",
      "title": "工业制造周报研究计划",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-9c01eafcc2d4/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-62cbf8103fe2",
      "title": "房地产分析师周报研究计划",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-62cbf8103fe2/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-67a652146b89",
      "title": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-67a652146b89/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-3358ded66b6f",
      "title": "材料行业周报 · 研究计划（Planning Stage）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-3358ded66b6f/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-dfd9f21de025",
      "title": "消费行业周度研究计划",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-dfd9f21de025/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-e87426b5a038",
      "title": "研究记录 10 2026-07-14 全 A 两融跌破 RMB 2.80tn 红线下的防御性 Barbell 压力测试",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-e87426b5a038/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 10 2026-07-14 全 A 两融跌破 RMB 2.80tn 红线下的防御性 Barbell 压力测试",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-1eb689f45428",
      "title": "量化美国政策折扣：BIOSECURE / 1260H 交易结构摩擦如何真实地重定价中国对外授权 NPV 与 BD 概率",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-1eb689f45428/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "量化美国政策折扣：BIOSECURE / 1260H 交易结构摩擦如何真实地重定价中国对外授权 NPV 与 BD 概率",
      "tags": [
        "AI",
        "宏观",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-68cfbb864483",
      "title": "金融行业研究周报规划 / Weekly Research Plan (2026-07-13 至 2026-07-17)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-68cfbb864483/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "金融行业研究周报规划 / Weekly Research Plan (2026-07-13 至 2026-07-17)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-2f400fa038d6",
      "title": "首席风控官周度风险研究与分析计划 / CRO Weekly Risk Research & Analysis Plan",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-2f400fa038d6/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "首席风控官周度风险研究与分析计划 / CRO Weekly Risk Research & Analysis Plan",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-6e4f17a879b4",
      "title": "工业机械产业链——补齐覆盖缺口",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-6e4f17a879b4/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "研究记录 · 工业制造分析师 工作日期：2026-07-13（亚洲/新加坡） · 立场： 初始 → 支持（建立覆盖）",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-71748c43ff2c",
      "title": "2026-07-15 大类资产配置卡：创新药ETF成长beta回流后，黄金/国债/港股高股息之间的风险预算再分配",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-71748c43ff2c/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-15 大类资产配置卡：创新药ETF成长beta回流后，黄金/国债/港股高股息之间的风险预算再分配",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-d16945d885a8",
      "title": "Ascentage / Keymed / RemeGen：2026–2027 临床催化与 BD 概率调整价值排序",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-d16945d885a8/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "Ascentage / Keymed / RemeGen：2026–2027 临床催化与 BD 概率调整价值排序",
      "tags": [
        "AI",
        "宏观",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-951759a086e5",
      "title": "2026-07-13 — 把久期对冲压力测试落地为硬约束：仓位上限、现金底线与\"期货对冲切现金降杠杆\"触发...",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-951759a086e5/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 — 把久期对冲压力测试落地为硬约束：仓位上限、现金底线与\"期货对冲切现金降杠杆\"触发规则",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-c083b66a048e",
      "title": "2026 下半年 A/H 创新药板块：是否具备 25%–35% 结构性修复空间，险资与外资如何决定风格轮动？",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-c083b66a048e/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026 下半年 A/H 创新药板块：是否具备 25%–35% 结构性修复空间，险资与外资如何决定风格轮动？",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-f98b1b2a4787",
      "title": "中美国债收益率曲线日报（API版）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-f98b1b2a4787/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "基准日：2026-07-13（由 系统日期锚 确认）。所有“今日/上一交易日/本周”表述均以该日期为准。",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-8ea2ecf2ea8a",
      "title": "2026-07-13 — 10年期国债脱离1.65%-1.90%时，A股杠铃的跨资产资金来源与对冲安排",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-8ea2ecf2ea8a/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 — 10年期国债脱离1.65%-1.90%时，A股杠铃的跨资产资金来源与对冲安排",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-5c8b07214866",
      "title": "压力测试：600276、中证红利、高技术成长与 H 股创新药 Beta（工作日：2026-07-13）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-5c8b07214866/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "压力测试：600276、中证红利、高技术成长与 H 股创新药 Beta（工作日：2026-07-13）",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-71eaa9ff6c17",
      "title": "2026-07-25 首席策略师复核：正式拆分28%硬科技核心袖口为质量核心与质量观察桶 [自测算]",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-71eaa9ff6c17/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-25 首席策略师复核：正式拆分28%硬科技核心袖口为质量核心与质量观察桶 [自测算]",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-ddc7ab8e8458",
      "title": "执行清单：人民币压力与对冲桶上调下，A 股电网硬件的分层减仓／回补——工作日期 2026-08-01",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-ddc7ab8e8458/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "执行清单：人民币压力与对冲桶上调下，A 股电网硬件的分层减仓／回补——工作日期 2026-08-01",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-c8fe3dfb59c2",
      "title": "2026-07-23 首席策略师研究记录：美联储保留加息选项与强美元格局下的A股风格轮动与资金流向",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-c8fe3dfb59c2/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-23 首席策略师研究记录：美联储保留加息选项与强美元格局下的A股风格轮动与资金流向",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-e81097001375",
      "title": "QA 质量复审报告 — 修正稿 (Week of 2026-07-13 → 2026-07-17)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-e81097001375/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "QA 质量复审报告 — 修正稿 (Week of 2026-07-13 → 2026-07-17)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-98c2015b08fd",
      "title": "信用分析师周度研究计划 (Credit Analyst Weekly Research Plan)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-98c2015b08fd/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "信用分析师周度研究计划 (Credit Analyst Weekly Research Plan)",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-3945428c00f0",
      "title": "2026-07-13后A股市场结构是否验证25-30%成长上限与10%现金缓冲：微观结构压力测试",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-3945428c00f0/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13后A股市场结构是否验证25-30%成长上限与10%现金缓冲：微观结构压力测试",
      "tags": [
        "AI",
        "宏观",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-e5d06ced93c3",
      "title": "以交易所颗粒度数据校准电子两融账簿：CMR 分布、行业集中度与 7 月解禁日历对去杠杆盘面的叠加",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-e5d06ced93c3/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "以交易所颗粒度数据校准电子两融账簿：CMR 分布、行业集中度与 7 月解禁日历对去杠杆盘面的叠加",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-f8ef9219fe47",
      "title": "2026-07-30 — 两融、ETF 与行业净流：科技→器械是双向风格切换，还是单边去杠杆？",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-f8ef9219fe47/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-30 — 两融、ETF 与行业净流：科技→器械是双向风格切换，还是单边去杠杆？",
      "tags": [
        "AI",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-3f52a213210c",
      "title": "杭叉与合力2026年Q2-Q3订单、价格纪律与AGV/AMR质量验证 — 2026-07-13",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-3f52a213210c/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "杭叉与合力2026年Q2-Q3订单、价格纪律与AGV/AMR质量验证 — 2026-07-13",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-375c86b1ea4e",
      "title": "每日风险报告：2026年7月13日",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-375c86b1ea4e/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "1. 风险仪表盘与关键指标 (Risk Dashboard & Key Indicators)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-1afb3077b001",
      "title": "2026-07-13 A 股哑铃：以 600276 为核的创新药 ERP 压缩腿应如何定权重",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-1afb3077b001/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 A 股哑铃：以 600276 为核的创新药 ERP 压缩腿应如何定权重",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-a10a39c88540",
      "title": "CNH融资压力下A股两融抵押品、Stock Connect资金流与科技风格轮动的量化压力测试",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-a10a39c88540/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "CNH融资压力下A股两融抵押品、Stock Connect资金流与科技风格轮动的量化压力测试",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-ca82d4dd1649",
      "title": "首席风控官午间碰头会简报（2026-07-13）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-ca82d4dd1649/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "一、 口径对齐与近期报告核对（Continuity & Reference Review）",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-40545e1491e9",
      "title": "公用事业周报研究计划（Utilities Weekly — Research Plan）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-40545e1491e9/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "公用事业周报研究计划（Utilities Weekly — Research Plan）",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-86426bf4ec7d",
      "title": "2026-07-13 — 出口管控与国内价格防火墙：向中国种植成本与粮食安全边际的传导",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-86426bf4ec7d/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 — 出口管控与国内价格防火墙：向中国种植成本与粮食安全边际的传导",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-ce9b23913698",
      "title": "A股“电网优先”组合压力测试 — 公用事业分析师视角（工作日期：2026-07-13）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-ce9b23913698/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "A股“电网优先”组合压力测试 — 公用事业分析师视角（工作日期：2026-07-13）",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-de06387f62d8",
      "title": "国内设备更新政策下数控机床与机器人核心零部件的订单与毛利验证 — 2026-07-13",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-de06387f62d8/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "国内设备更新政策下数控机床与机器人核心零部件的订单与毛利验证 — 2026-07-13",
      "tags": [
        "通胀",
        "宏观",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-6b7f2fde4059",
      "title": "恒瑞/中生：阶段二 ERP 压缩重估是否已在价内，险资与南向应经 A 线还是 H 线？",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-6b7f2fde4059/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "恒瑞/中生：阶段二 ERP 压缩重估是否已在价内，险资与南向应经 A 线还是 H 线？",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-01706a95098a",
      "title": "收盘风险控制面板报告 (Close-of-Day Risk Panel Report)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-01706a95098a/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "收盘风险控制面板报告 (Close-of-Day Risk Panel Report)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-f50c8feafec4",
      "title": "既有研究记录 — 对深度临界档在高代理科技硬件融资名称价格跳空与流动性冲击下的压力...",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-f50c8feafec4/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "既有研究记录 — 对深度临界档在高代理科技硬件融资名称价格跳空与流动性冲击下的压力测试",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-0c95dd0a3051",
      "title": "全球宏观研究报告 (Week of 2026-07-13 → 2026-07-17)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-0c95dd0a3051/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "全球宏观研究报告 (Week of 2026-07-13 → 2026-07-17)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-71c0d6db24bd",
      "title": "化肥防火墙与MSP地板对中国食品CPI、农村居民收入与农业财政成本的宏观传导深度分析",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-71c0d6db24bd/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "化肥防火墙与MSP地板对中国食品CPI、农村居民收入与农业财政成本的宏观传导深度分析",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-5c9a31ac3257",
      "title": "建筑材料产业链调研：出海扩张与结构性出清中的反转机遇",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-5c9a31ac3257/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "建筑材料产业链调研：出海扩张与结构性出清中的反转机遇 工作日期：2026-07-13",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-7050a4d211c1",
      "title": "既有研究记录— 美国机械资本开支与关税体制可持续性：KAI 与杭叉集团的宏观分化评估",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-7050a4d211c1/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "既有研究记录— 美国机械资本开支与关税体制可持续性：KAI 与杭叉集团的宏观分化评估",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-af1762c7b917",
      "title": "10年期国债脱离1.65%-1.90%后的人民币、港元与美元资金来源及外汇对冲安排",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-af1762c7b917/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "10年期国债脱离1.65%-1.90%后的人民币、港元与美元资金来源及外汇对冲安排",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "港美股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-6f1523f44f8a",
      "title": "2026-07-13 A股“电网优先”组合：换手率、融资占比与主力资金流降风险阈值",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-6f1523f44f8a/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 A股“电网优先”组合：换手率、融资占比与主力资金流降风险阈值",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-83c545c3ada1",
      "title": "2026-07-13 — 首席风控压力测试：跨资产久期对冲的基差收敛与保证金穿透",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-83c545c3ada1/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 — 首席风控压力测试：跨资产久期对冲的基差收敛与保证金穿透",
      "tags": [
        "通胀",
        "宏观",
        "A股",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-5d8e48a3c4ca",
      "title": "QA 审计报告：2026年7月13日《每日日报》质量评估",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-5d8e48a3c4ca/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "审计日期：2026-07-13 审计主管：研究质量主管 (QA Manager)",
      "tags": [
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-0beae2044a3a",
      "title": "智能网联汽车零部件篮子：从芯片瓶颈到配置优先级（前序研究，2026-07-31）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-0beae2044a3a/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "智能网联汽车零部件篮子：从芯片瓶颈到配置优先级（前序研究，2026-07-31）",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-b5ebbb47eebe",
      "title": "科创板融资杠杆资金 vs. ETF 被动买入：一场 1.56 : 1 的接盘博弈",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-b5ebbb47eebe/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "科创板融资杠杆资金 vs. ETF 被动买入：一场 1.56 : 1 的接盘博弈",
      "tags": [
        "通胀",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-52f104722341",
      "title": "2026-07-13 — CBAM 与中国煤制合成氨：对化肥贸易流向的宏观影响",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-52f104722341/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 — CBAM 与中国煤制合成氨：对化肥贸易流向的宏观影响",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-e796a4fc561c",
      "title": "2026-07-13 — 合成氨至跨资产组合风险预算链条终期质量与合规审计报告",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-e796a4fc561c/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 — 合成氨至跨资产组合风险预算链条终期质量与合规审计报告",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-ada559b03ef8",
      "title": "2026-07-30 — 科技去杠杆的宏观流动性底与2.8/3.0万亿成交闸门",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-ada559b03ef8/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-30 — 科技去杠杆的宏观流动性底与2.8/3.0万亿成交闸门",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-e32f0e1c03c9",
      "title": "公用事业周报研究底稿（Utilities Weekly — Research）",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-e32f0e1c03c9/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "公用事业周报研究底稿（Utilities Weekly — Research）",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-ebb9e40b2cd8",
      "title": "Your own recent reports — global-macro",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-ebb9e40b2cd8/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "Your own recent reports — global-macro",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "能源",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-f29d9d0ceab9",
      "title": "全球宏观与科技板块周报研究计划 / Weekly Research Plan",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-f29d9d0ceab9/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "全球宏观与科技板块周报研究计划 / Weekly Research Plan",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "港美股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-db5e41bff1a6",
      "title": "全球生物医药投融资周期 × 美联储路径：对中国出海资产 BD 溢价的宏观重估",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-db5e41bff1a6/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "全球生物医药投融资周期 × 美联储路径：对中国出海资产 BD 溢价的宏观重估",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-820910e737dd",
      "title": "以SSE/SZSE微观结构校准医疗设备配对组合的拥挤度分位阈值与降杠杆触发",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-820910e737dd/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "以SSE/SZSE微观结构校准医疗设备配对组合的拥挤度分位阈值与降杠杆触发",
      "tags": [
        "AI",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-dae3b0dbad88",
      "title": "2026-07-13 — 中国合成氨与尿素出口管控与低碳双轨策略政策评估",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-dae3b0dbad88/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 — 中国合成氨与尿素出口管控与低碳双轨策略政策评估",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-32b29773be48",
      "title": "2026-07-13 A股消费服务代理篮子：精确成分、重合度与再平衡规则",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-32b29773be48/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "2026-07-13 A股消费服务代理篮子：精确成分、重合度与再平衡规则",
      "tags": [
        "通胀",
        "宏观",
        "A股"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-6cf2f5695d3b",
      "title": "A股政策杠铃全组合风险预算——工作日期 2026-08-01 [自测算]",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-6cf2f5695d3b/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "A股政策杠铃全组合风险预算——工作日期 2026-08-01 [自测算]",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-e93f52c9aafb",
      "title": "Your own recent reports — chief-risk",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-e93f52c9aafb/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "Your own recent reports — chief-risk",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-a90764cbb4db",
      "title": "中国创新药 2026 年政策天平与估值重构报告 — 2026-07-13",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-a90764cbb4db/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "中国创新药 2026 年政策天平与估值重构报告 — 2026-07-13",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-3163a52c786e",
      "title": "工业制造周报研究报告 (2026-07-13 至 2026-07-17)",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-3163a52c786e/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "工业制造周报研究报告 (2026-07-13 至 2026-07-17)",
      "tags": [
        "AI",
        "通胀",
        "宏观",
        "港美股",
        "能源"
      ],
      "sourceKind": "archive"
    },
    {
      "id": "archive-d475093e0a5b",
      "title": "既有研究记录— 新两融基数下科技硬件两融集中度与强平风险",
      "date": "2026-07-13",
      "href": "/investor/reports/archive-d475093e0a5b/",
      "analyst": "未识别",
      "analystId": "",
      "category": "其他",
      "excerpt": "既有研究记录— 新两融基数下科技硬件两融集中度与强平风险",
      "tags": [
        "AI",
        "通胀",
        "A股",
        "风险"
      ],
      "sourceKind": "archive"
    }
  ],
  "discussions": [],
  "thesisEvents": [
    {
      "id": "thesis-c89650af9e",
      "title": "酒店餐饮休闲复苏正在从客流修复转向 RevPAR、翻台率与小盘 Alpha",
      "titleEn": "Leisure, hotels, and restaurants are moving from traffic recovery to RevPAR, table turnover, and small-cap alpha",
      "href": "/investor/theses/thesis-c89650af9e/",
      "laneId": "lane_dd5a3eb17672",
      "lane": "酒店餐饮休闲/服务消费",
      "laneHref": "/investor/lanes/hotels-restaurants-leisure-and-services-consumption/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 65,
      "supports": 3,
      "risks": 1,
      "neutral": 0,
      "eventCount": 4,
      "events": [
        {
          "title": "2026-07-13 纯A股消费服务转型代理篮子",
          "summary": "2026-07-13 纯A股消费服务转型代理篮子 工作日期： 2026-07-13 研究记录： 05 分析师： chief-strategist 立场： synthesize",
          "href": "/investor/reports/archive-f5916243c1a8/",
          "stance": "supports",
          "stanceLabel": "支持"
        },
        {
          "title": "消费行业周度研究计划",
          "summary": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
          "href": "/investor/reports/archive-dfd9f21de025/",
          "stance": "supports",
          "stanceLabel": "支持"
        },
        {
          "title": "消费板块估值修复与风格轮动 - 首席策略师报告",
          "summary": "消费板块估值修复与风格轮动 - 首席策略师报告 工作日期： 2026-07-13 研究记录： 02 立场： 支持，但收紧组合权重",
          "href": "/investor/reports/archive-4b09b6f5ebf6/",
          "stance": "supports",
          "stanceLabel": "支持"
        },
        {
          "title": "消费行业周度研究报告",
          "summary": "覆盖窗口：2026-07-13 至 2026-07-17 日期锚点： 系统日期锚 返回 2026-07-19。本文所有“本周”“上周”“上一交易日”均按该日期解释。 上游文件：已读取 01 weekly plan.md。",
          "href": "/investor/reports/archive-ecfc79b6bc4f/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "9922.HK",
        "3690.HK",
        "001215.SZ",
        "YUMC",
        "300144.SZ",
        "1179.HK",
        "0780.HK",
        "605108.SH",
        "9658.HK"
      ]
    },
    {
      "id": "thesis-bef6966fdd",
      "title": "工业机械的出口订单质量和设备更新周期决定制造业 CapEx 弹性",
      "titleEn": "Industrial machinery beta depends on export-order quality and equipment-upgrade capex",
      "href": "/investor/theses/thesis-bef6966fdd/",
      "laneId": "lane_6e2dcaab093e",
      "lane": "工业机械/设备更新出海",
      "laneHref": "/investor/lanes/industrial-machinery-equipment-upgrade-and-exports/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 59,
      "supports": 3,
      "risks": 2,
      "neutral": 0,
      "eventCount": 4,
      "events": [
        {
          "title": "中国设备更新补贴、叉车订单与利润对冲评估 — 2026-07-13",
          "summary": "截至研究所工作日 2026-07-13，我支持前序链条，但需要收窄结论：中国大规模设备更新政策已经在拉动国内叉车与物流自动化需求，但它对杭叉集团 (603298.SH) 和安徽合力 (600761.SH) 2026-2027...",
          "href": "/investor/reports/archive-827d09356a51/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "工业机械产业链——补齐覆盖缺口",
          "summary": "研究记录 · 工业制造分析师 工作日期：2026-07-13（亚洲/新加坡） · 立场： 初始 → 支持（建立覆盖）",
          "href": "/investor/reports/archive-6e4f17a879b4/",
          "stance": "supports",
          "stanceLabel": "支持"
        },
        {
          "title": "工业机械产业链调研队列 — 2026-07-13",
          "summary": "截至研究所工作日 2026-07-13，我对既有的内部低覆盖信号做综合并向前推进：工业机械产业链过去 30 日激活度为 4/118，即 3.4%，此前相关工作也出现过 3.4% 与 5.9% 的激活度，但本工作区未看到...",
          "href": "/investor/reports/archive-337251936cb6/",
          "stance": "supports",
          "stanceLabel": "支持"
        },
        {
          "title": "国内设备更新政策下数控机床与机器人核心零部件的订单与毛利验证 — 2026-07-13",
          "summary": "国内设备更新政策下数控机床与机器人核心零部件的订单与毛利验证 — 2026-07-13",
          "href": "/investor/reports/archive-de06387f62d8/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "600031.SH",
        "600761.SH",
        "002747.SZ",
        "000425.SZ",
        "603338.SH",
        "603298.SH",
        "000157.SZ",
        "601100.SH",
        "300124.SZ"
      ]
    },
    {
      "id": "thesis-c6c6be4745",
      "title": "中国出口制造的胜负手从低价扩张转向利润率、合规和本地化",
      "titleEn": "Chinese export manufacturing is shifting from low-price expansion to margin, compliance, and localization",
      "href": "/investor/theses/thesis-c6c6be4745/",
      "laneId": "lane_7e439482cbef",
      "lane": "中国出口制造/利润率",
      "laneHref": "/investor/lanes/china-export-manufacturing-and-margins/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 49,
      "supports": 0,
      "risks": 4,
      "neutral": 0,
      "eventCount": 4,
      "events": [
        {
          "title": "东盟本地化产能的关税规避有效性与绕道出口“反规避”监管风险评估",
          "summary": "既有研究记录— 东盟本地化产能的关税规避有效性与绕道出口“反规避”监管风险评估",
          "href": "/investor/reports/archive-7ac37ec3573a/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "关税反规避失效与海外利润率压缩对A股机械板块出海估值逻辑的重构",
          "summary": "既有研究记录— 关税反规避失效与海外利润率压缩对A股机械板块出海估值逻辑的重构",
          "href": "/investor/reports/archive-32bf37d77b2e/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "建筑材料上游大宗原材料价格及碳双控政策对中游毛利率的传导效应与供给侧约束评估",
          "summary": "建筑材料上游大宗原材料价格及碳双控政策对中游毛利率的传导效应与供给侧约束评估 报告日期：2026-07-13 分析师：材料行业分析师 (materials-analyst) (既有研究记录) 研究立场：支...",
          "href": "/investor/reports/archive-6f7cc4144f27/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "2026-07-13 消费服务龙头利润率转化验证",
          "summary": "2026-07-13 消费服务龙头利润率转化验证 工作日期： 2026-07-13 研究记录： 03 分析师： consumer-analyst 立场： 支持，但只支持分阶段加仓",
          "href": "/investor/reports/archive-ce88398eeb3c/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "000333.SZ",
        "600690.SH",
        "300750.SZ",
        "002594.SZ",
        "600900.SH",
        "2313.HK",
        "002139.SZ",
        "002475.SZ",
        "2020.HK"
      ]
    },
    {
      "id": "thesis-4f2d0121d3",
      "title": "高利润率出口材料企业需等待利润修复确认",
      "titleEn": "High-margin export materials require confirmation of profit recovery",
      "href": "/investor/theses/thesis-4f2d0121d3/",
      "laneId": "lane_7e439482cbef",
      "lane": "中国出口制造/利润率",
      "laneHref": "/investor/lanes/china-export-manufacturing-and-margins/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 64,
      "supports": 0,
      "risks": 3,
      "neutral": 0,
      "eventCount": 3,
      "events": [
        {
          "title": "关税反规避失效与海外利润率压缩对A股机械板块出海估值逻辑的重构",
          "summary": "既有研究记录— 关税反规避失效与海外利润率压缩对A股机械板块出海估值逻辑的重构",
          "href": "/investor/reports/archive-32bf37d77b2e/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "建筑材料上游大宗原材料价格及碳双控政策对中游毛利率的传导效应与供给侧约束评估",
          "summary": "建筑材料上游大宗原材料价格及碳双控政策对中游毛利率的传导效应与供给侧约束评估 报告日期：2026-07-13 分析师：材料行业分析师 (materials-analyst) (既有研究记录) 研究立场：支...",
          "href": "/investor/reports/archive-6f7cc4144f27/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "2026-07-13 消费服务龙头利润率转化验证",
          "summary": "2026-07-13 消费服务龙头利润率转化验证 工作日期： 2026-07-13 研究记录： 03 分析师： consumer-analyst 立场： 支持，但只支持分阶段加仓",
          "href": "/investor/reports/archive-ce88398eeb3c/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "600690.SH",
        "000333.SZ",
        "600900.SH",
        "002139.SZ",
        "2313.HK",
        "605183.SH"
      ]
    },
    {
      "id": "thesis-5505b40cdb",
      "title": "通用减速机修复先于机器人精密传动兑现",
      "titleEn": "General reducer recovery precedes realization of the robotics option",
      "href": "/investor/theses/thesis-5505b40cdb/",
      "laneId": "lane_a724a01f8428",
      "lane": "具身智能/机器人零部件",
      "laneHref": "/investor/lanes/embodied-ai-and-robotics-components/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 64,
      "supports": 0,
      "risks": 3,
      "neutral": 0,
      "eventCount": 3,
      "events": [
        {
          "title": "国内设备更新政策下数控机床与机器人核心零部件的订单与毛利验证 — 2026-07-13",
          "summary": "国内设备更新政策下数控机床与机器人核心零部件的订单与毛利验证 — 2026-07-13",
          "href": "/investor/reports/archive-de06387f62d8/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "高端数控机床与机器人核心零部件板块的微观资金流动与两融杠杆脆弱性评估",
          "summary": "高端数控机床与机器人核心零部件板块的微观资金流动与两融杠杆脆弱性评估 报告日期：2026-07-13 研究员：ashare-strategist (A股策略师) 立场：支持 (Support)",
          "href": "/investor/reports/archive-f342590f89ad/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "关税反规避失效与海外利润率压缩对A股机械板块出海估值逻辑的重构",
          "summary": "既有研究记录— 关税反规避失效与海外利润率压缩对A股机械板块出海估值逻辑的重构",
          "href": "/investor/reports/archive-32bf37d77b2e/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "002472.SZ",
        "002747.SZ",
        "300124.SZ",
        "TSLA",
        "688017.SH",
        "603915.SH"
      ]
    },
    {
      "id": "thesis-8b8ede3135",
      "title": "消费降级、健康刚需与银发经济正在重塑防御型增长",
      "titleEn": "Consumer downgrade, healthcare necessities, and the silver economy are reshaping defensive growth",
      "href": "/investor/theses/thesis-8b8ede3135/",
      "laneId": "lane_8cf8740aac77",
      "lane": "消费降级/健康银发",
      "laneHref": "/investor/lanes/consumer-downgrade-health-and-silver-economy/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 62,
      "supports": 1,
      "risks": 2,
      "neutral": 0,
      "eventCount": 3,
      "events": [
        {
          "title": "消费行业周度研究计划",
          "summary": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
          "href": "/investor/reports/archive-dfd9f21de025/",
          "stance": "supports",
          "stanceLabel": "支持"
        },
        {
          "title": "消费行业周度研究报告",
          "summary": "覆盖窗口：2026-07-13 至 2026-07-17 日期锚点： 系统日期锚 返回 2026-07-19。本文所有“本周”“上周”“上一交易日”均按该日期解释。 上游文件：已读取 01 weekly plan.md。",
          "href": "/investor/reports/archive-ecfc79b6bc4f/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "险资友好型 A/H 创新药商业化龙头筛选",
          "summary": "研究记录 · 分析师： 医药行业分析师 · 立场： synthesize 工作日期： 2026-07-13（亚洲/新加坡） · 选定手牌： agy",
          "href": "/investor/reports/archive-ca3ebd7bef63/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "600519.SH",
        "3690.HK",
        "001215.SZ",
        "600276.SH",
        "300760.SZ",
        "1801.HK",
        "1177.HK",
        "2319.HK",
        "UNH"
      ]
    },
    {
      "id": "thesis-603a5f7966",
      "title": "A 股硬科技与科创50的复苏需要订单、融资盘和指数结构共振",
      "titleEn": "A-share hard tech and STAR50 recovery needs orders, margin positioning, and index structure to align",
      "href": "/investor/theses/thesis-603a5f7966/",
      "laneId": "lane_4cc1e74d8e5f",
      "lane": "A股硬科技/科创50",
      "laneHref": "/investor/lanes/a-share-hard-tech-and-star50/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 56,
      "supports": 0,
      "risks": 3,
      "neutral": 0,
      "eventCount": 3,
      "events": [
        {
          "title": "§1 THESIS",
          "summary": "author: daily-report-editor as of: 2026-07-13 market window: EOD market: AH tickers: [000001.SH, 399001.SZ, 399006.SZ, 000688.SH, 603986.SH, 300308.S…",
          "href": "/investor/reports/archive-d7c18538adfa/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "A股技术形态与量能地图 (2026-07-14)",
          "summary": "[!NOTE] 本报告基于2026年7月14日收盘及历史数据编制。所有数据引用的相对时间（如“今日”、“昨日”）均以2026年7月14日为基准。",
          "href": "/investor/reports/archive-44d3f9b6907b/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "行业与主题轮动日报：超级 IPO 虹吸下的硬科技退潮与红利医药防御",
          "summary": "报告日期：2026年7月13日 [来源：01 market close.md 2026-07-13] 分析员：主题研究员 (Thematic Researcher) [来源：任务说明 2026-07-13] 报告编号：TR-2026-07-13 [来源不明]",
          "href": "/investor/reports/archive-76d83fb0228c/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "300308.SZ",
        "688256.SH",
        "688981.SH",
        "0981.HK",
        "688041.SH",
        "600900.SH",
        "688008.SH",
        "588000.SH",
        "300394.SZ",
        "002916.SZ"
      ]
    },
    {
      "id": "thesis-21dd72c1b1",
      "title": "航空航天与国防供应链错配正在形成政策驱动的制造业弹性",
      "titleEn": "Aerospace and defense supply-chain mismatch is creating policy-driven manufacturing beta",
      "href": "/investor/theses/thesis-21dd72c1b1/",
      "laneId": "lane_1514a60f727a",
      "lane": "国防航空航天供应链",
      "laneHref": "/investor/lanes/defense-and-aerospace-supply-chain/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 55,
      "supports": 2,
      "risks": 0,
      "neutral": 1,
      "eventCount": 3,
      "events": [
        {
          "title": "工业制造周报研究报告 (2026-07-13 至 2026-07-17)",
          "summary": "工业制造周报研究报告 (2026-07-13 至 2026-07-17)",
          "href": "/investor/reports/archive-3163a52c786e/",
          "stance": "supports",
          "stanceLabel": "支持"
        },
        {
          "title": "工业制造周报研究计划",
          "summary": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
          "href": "/investor/reports/archive-9c01eafcc2d4/",
          "stance": "supports",
          "stanceLabel": "支持"
        },
        {
          "title": "工业制造周报研究报告 (2026-07-13 至 2026-07-17)",
          "summary": "工业制造周报研究报告 (2026-07-13 至 2026-07-17) §0 YAML Header id: 06_weekly_industrials_2026-07-13_2026-07-17 version: 1.0.1 supersedes: 06_weekly_industrials_…",
          "href": "/investor/reports/archive-ae8c783101eb/",
          "stance": "neutral",
          "stanceLabel": "观察"
        }
      ],
      "stockTickers": [
        "LMT",
        "RTX",
        "NOC",
        "RKLB",
        "BA",
        "CAT",
        "IRDM",
        "ASTS",
        "HWM"
      ]
    },
    {
      "id": "thesis-9a860a8801",
      "title": "信用再融资压力正在把利率风险转化为资产负债表筛选",
      "titleEn": "Credit refinancing pressure is turning rate risk into balance-sheet selection",
      "href": "/investor/theses/thesis-9a860a8801/",
      "laneId": "lane_b29e1d216a21",
      "lane": "信用再融资/私募信贷",
      "laneHref": "/investor/lanes/credit-refinancing-and-private-debt/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 52,
      "supports": 2,
      "risks": 1,
      "neutral": 0,
      "eventCount": 3,
      "events": [
        {
          "title": "信用分析师周度研究计划 (Credit Analyst Weekly Research Plan)",
          "summary": "信用分析师周度研究计划 (Credit Analyst Weekly Research Plan)",
          "href": "/investor/reports/archive-98c2015b08fd/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "周度研究报告 · 研究阶段成果",
          "summary": "覆盖窗口：2026-07-13（周一）→ 2026-07-17（周五） 日期基准：shell 时钟 = 2026-07-19（周日）。所有\"本周／上周／最新\"均对齐此日期。 上游文件： 01 weekly plan.md 已成功读取，无缺口。",
          "href": "/investor/reports/archive-f3bfa2e82d66/",
          "stance": "supports",
          "stanceLabel": "支持"
        },
        {
          "title": "周度研究包 · 质量审核（QA Review）",
          "summary": "审核对象： 2026-07-13（周一）→ 2026-07-17（周五）交易周研究包，步骤 01（选题计划）与步骤 02（研究成果） 审核日期基准： shell 时钟 = 2026-07-19（周日）。上下游三份文件的日期基准一...",
          "href": "/investor/reports/archive-1f451e7b4b25/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "KRE",
        "JPM",
        "META",
        "BX",
        "ARES",
        "KKR",
        "APO"
      ]
    },
    {
      "id": "thesis-d614778e40",
      "title": "CAR-T商业化取决于进院、支付与订单转化",
      "titleEn": "CAR-T commercialization depends on hospital access, reimbursement, and order conversion",
      "href": "/investor/theses/thesis-d614778e40/",
      "laneId": "lane_640d21327d8b",
      "lane": "中国大健康/创新药出海",
      "laneHref": "/investor/lanes/china-healthcare-and-overseas-innovation-drug-monetization/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 68,
      "supports": 0,
      "risks": 2,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "2026年7月第三周医药行业研究周报工作计划",
          "summary": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
          "href": "/investor/reports/archive-4ef5235bc08e/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "险资友好型 A/H 创新药商业化龙头筛选",
          "summary": "研究记录 · 分析师： 医药行业分析师 · 立场： synthesize 工作日期： 2026-07-13（亚洲/新加坡） · 选定手牌： agy",
          "href": "/investor/reports/archive-ca3ebd7bef63/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "1801.HK",
        "600276.SH",
        "2359.HK",
        "2269.HK",
        "9926.HK",
        "603259.SH",
        "1177.HK"
      ]
    },
    {
      "id": "thesis-9d1baaec59",
      "title": "CAR-T商业化取决于进院、支付覆盖与患者转化",
      "titleEn": "CAR-T commercialization depends on hospital access, reimbursement and patient conversion",
      "href": "/investor/theses/thesis-9d1baaec59/",
      "laneId": "lane_640d21327d8b",
      "lane": "中国大健康/创新药出海",
      "laneHref": "/investor/lanes/china-healthcare-and-overseas-innovation-drug-monetization/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 67,
      "supports": 0,
      "risks": 2,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "2026年7月第三周医药行业研究周报工作计划",
          "summary": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
          "href": "/investor/reports/archive-4ef5235bc08e/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "险资友好型 A/H 创新药商业化龙头筛选",
          "summary": "研究记录 · 分析师： 医药行业分析师 · 立场： synthesize 工作日期： 2026-07-13（亚洲/新加坡） · 选定手牌： agy",
          "href": "/investor/reports/archive-ca3ebd7bef63/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "1801.HK",
        "600276.SH",
        "2359.HK",
        "2269.HK",
        "9926.HK",
        "603259.SH"
      ]
    },
    {
      "id": "thesis-b6f59efde4",
      "title": "包装油占比与原料顺价驱动利润率修复",
      "titleEn": "Packaged-oil mix and input-cost pass-through drive margin recovery",
      "href": "/investor/theses/thesis-b6f59efde4/",
      "laneId": "lane_13d7ced85300",
      "lane": "食品加工/成本传导",
      "laneHref": "/investor/lanes/food-processing-and-input-cost-transmission/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 65,
      "supports": 0,
      "risks": 2,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "建筑材料上游大宗原材料价格及碳双控政策对中游毛利率的传导效应与供给侧约束评估",
          "summary": "建筑材料上游大宗原材料价格及碳双控政策对中游毛利率的传导效应与供给侧约束评估 报告日期：2026-07-13 分析师：材料行业分析师 (materials-analyst) (既有研究记录) 研究立场：支...",
          "href": "/investor/reports/archive-6f7cc4144f27/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "2026-07-13 消费服务龙头利润率转化验证",
          "summary": "2026-07-13 消费服务龙头利润率转化验证 工作日期： 2026-07-13 研究记录： 03 分析师： consumer-analyst 立场： 支持，但只支持分阶段加仓",
          "href": "/investor/reports/archive-ce88398eeb3c/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "001215.SZ",
        "600298.SH",
        "603027.SH",
        "300973.SZ",
        "603317.SH",
        "002852.SZ",
        "002847.SZ"
      ]
    },
    {
      "id": "thesis-89c14497ac",
      "title": "期权伽马、ETF 与尾盘流动性正在放大主题交易的微观结构风险",
      "titleEn": "Options gamma, ETFs, and closing liquidity are amplifying microstructure risk in theme trades",
      "href": "/investor/theses/thesis-89c14497ac/",
      "laneId": "lane_2ba2ee6db1ee",
      "lane": "期权伽马/市场微观结构",
      "laneHref": "/investor/lanes/options-gamma-and-market-microstructure/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 62,
      "supports": 0,
      "risks": 2,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "2026-07-21 策略卡：A股午间解耦、科技V型反转与期权情绪逼空",
          "summary": "工作日期锚定为 2026-07-21；系统日期锚 返回 2026-07-21 [自测算：命令输出与研究所工作日一致]。我对初始命题的判断是：午间盘口支持“可交易的情绪底”，但尚不足以确认“宏观/基...",
          "href": "/investor/reports/archive-bb1daaf36eb8/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "拥挤交易预警：一致性持仓与回撤风险",
          "summary": "基准日期：2026-07-13。 本报告中“今日 / 本周 / 上一交易日”等时间表达均以本地 shell 日期 2026-07-13 为锚。结论：当前不是全面散户狂热，但存在局部拥挤，最需要预警的是 Long global sem...",
          "href": "/investor/reports/archive-15c466ea7134/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "CBOE",
        "CME",
        "HOOD",
        "IBKR",
        "VIRT",
        "VIXY"
      ]
    },
    {
      "id": "thesis-741d1d6f34",
      "title": "地产、土地财政与 REITs 是中国信用底的慢变量",
      "titleEn": "Property, land finance, and REITs are the slow variables behind China's credit floor",
      "href": "/investor/theses/thesis-741d1d6f34/",
      "laneId": "lane_5c8ea9f78210",
      "lane": "地产信用底/REITs",
      "laneHref": "/investor/lanes/china-property-credit-floor-and-reits/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 61,
      "supports": 0,
      "risks": 2,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "房地产分析师周报研究报告",
          "summary": "本周覆盖范围：2026-07-13（周一）→ 2026-07-17（周五） 报告日期：2026-07-19（周日） 分析师：RE-Analyst-01",
          "href": "/investor/reports/archive-c55ee6f87367/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "房地产分析师周报研究计划",
          "summary": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
          "href": "/investor/reports/archive-62cbf8103fe2/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "1109.HK",
        "600048.SH",
        "001979.SZ",
        "0960.HK",
        "0688.HK",
        "000002.SZ",
        "0823.HK"
      ]
    },
    {
      "id": "thesis-44cf9d91f6",
      "title": "中国大健康 Alpha 正从医保压价转向创新药出海、临床确定性与设备刚需",
      "titleEn": "China healthcare alpha is moving from reimbursement pressure to overseas licensing, clinical certainty, and equipment...",
      "href": "/investor/theses/thesis-44cf9d91f6/",
      "laneId": "lane_640d21327d8b",
      "lane": "中国大健康/创新药出海",
      "laneHref": "/investor/lanes/china-healthcare-and-overseas-innovation-drug-monetization/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 57,
      "supports": 0,
      "risks": 2,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "险资友好型 A/H 创新药商业化龙头筛选",
          "summary": "研究记录 · 分析师： 医药行业分析师 · 立场： synthesize 工作日期： 2026-07-13（亚洲/新加坡） · 选定手牌： agy",
          "href": "/investor/reports/archive-ca3ebd7bef63/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "2026年7月第三周医药行业研究周报工作计划",
          "summary": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
          "href": "/investor/reports/archive-4ef5235bc08e/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "2359.HK",
        "600276.SH",
        "1801.HK",
        "2269.HK",
        "9926.HK",
        "6990.HK",
        "300760.SZ",
        "603259.SH",
        "1177.HK",
        "002821.SZ"
      ]
    },
    {
      "id": "thesis-075017003b",
      "title": "AI 资本开支通过能源、设备和利率进入通胀定价",
      "titleEn": "AI capex enters inflation pricing through energy, equipment, and rates",
      "href": "/investor/theses/thesis-075017003b/",
      "laneId": "lane_c0702fb29e08",
      "lane": "AI 再通胀/利率敏感资产",
      "laneHref": "/investor/lanes/ai-reflation-and-rate-sensitive-assets/",
      "direction": "stable",
      "directionLabel": "稳定",
      "conviction": 55,
      "supports": 1,
      "risks": 1,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "首席风控官周度风险研究与分析计划 / CRO Weekly Risk Research & Analysis Plan",
          "summary": "首席风控官周度风险研究与分析计划 / CRO Weekly Risk Research & Analysis Plan",
          "href": "/investor/reports/archive-2f400fa038d6/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "周度研究报告选题计划 · 晨会主编",
          "summary": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
          "href": "/investor/reports/archive-4b93f526ba33/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "META",
        "MSFT",
        "AMZN",
        "GOOGL",
        "XLE",
        "TLT",
        "XLU",
        "NVDA"
      ]
    },
    {
      "id": "thesis-08dd090dc9",
      "title": "公用事业从防御红利切换到电网扩容、容量费与信用再定价",
      "titleEn": "Utilities are shifting from defensive dividends to grid expansion, capacity fees, and credit repricing",
      "href": "/investor/theses/thesis-08dd090dc9/",
      "laneId": "lane_22c1ed929e2e",
      "lane": "公用事业/电网信用",
      "laneHref": "/investor/lanes/utilities-grid-rate-base-and-credit/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 53,
      "supports": 2,
      "risks": 0,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "公用事业周报研究底稿（Utilities Weekly — Research）",
          "summary": "公用事业周报研究底稿（Utilities Weekly — Research）",
          "href": "/investor/reports/archive-e32f0e1c03c9/",
          "stance": "supports",
          "stanceLabel": "支持"
        },
        {
          "title": "公用事业周报研究计划（Utilities Weekly — Research Plan）",
          "summary": "公用事业周报研究计划（Utilities Weekly — Research Plan）",
          "href": "/investor/reports/archive-40545e1491e9/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "AEP",
        "600900.SH",
        "CEG",
        "DUK",
        "VST",
        "XLU",
        "META",
        "NEE",
        "SMR",
        "GEV"
      ]
    },
    {
      "id": "thesis-ce29facfbd",
      "title": "中国资产定价仍受政策、流动性与风险偏好共同驱动",
      "titleEn": "China asset pricing remains driven by policy, liquidity, and risk appetite",
      "href": "/investor/theses/thesis-ce29facfbd/",
      "laneId": "lane_a8d9c69ae883",
      "lane": "中国权益流动性",
      "laneHref": "/investor/lanes/china-equity-liquidity/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 52,
      "supports": 0,
      "risks": 2,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "CNH融资压力下A股两融抵押品、Stock Connect资金流与科技风格轮动的量化压力测试",
          "summary": "CNH融资压力下A股两融抵押品、Stock Connect资金流与科技风格轮动的量化压力测试",
          "href": "/investor/reports/archive-a10a39c88540/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "资金流向与市场情绪日报 (2026-07-14)",
          "summary": "[!NOTE] 本报告基于2026年7月14日收盘及历史数据编制。所有数据引用的相对时间（如“今日”、“昨日”）均以2026年7月14日为基准。",
          "href": "/investor/reports/archive-9784dc55d9ed/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "300308.SZ",
        "0700.HK",
        "9988.HK",
        "510300.SH",
        "159915.SZ",
        "300750.SZ",
        "3988.HK",
        "588000.SH",
        "LOW"
      ]
    },
    {
      "id": "thesis-51c6d833ae",
      "title": "食品加工的机会从食品通胀切换到原料波动、渠道库存与 B 端标准化",
      "titleEn": "Food processing opportunities are shifting from food inflation to input volatility, channel inventory, and B-side sta...",
      "href": "/investor/theses/thesis-51c6d833ae/",
      "laneId": "lane_13d7ced85300",
      "lane": "食品加工/成本传导",
      "laneHref": "/investor/lanes/food-processing-and-input-cost-transmission/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 50,
      "supports": 1,
      "risks": 1,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "食品加工产业链的全球宏观挑战意见 — 2026-07-13",
          "summary": "截至 2026-07-13（Asia/Singapore），我否定“预制菜国标自动带来食品加工板块性投资机会”的宽泛判断。监管冲击是真实的：《食品安全国家标准 预制菜》（征求意见稿）于 2026-02-06 公开征求意...",
          "href": "/investor/reports/archive-78feab9d25a4/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "产业链调研报告：食品加工产业链深度扫描与标的筛选",
          "summary": "产业链调研报告：食品加工产业链深度扫描与标的筛选 日期 : 2026-07-13 分析师 : 农业行业分析师 ( agri-analyst )",
          "href": "/investor/reports/archive-c1b73caf2e64/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "001215.SZ",
        "600298.SH",
        "300973.SZ",
        "603345.SH",
        "603027.SH",
        "002991.SZ",
        "603317.SH",
        "002847.SZ",
        "ADM"
      ]
    },
    {
      "id": "thesis-5057edfa79",
      "title": "AI-Biology 与医疗效率改善需要从科研突破走向支付和监管兑现",
      "titleEn": "AI biology and healthcare productivity must move from research breakthroughs to reimbursement and regulatory proof",
      "href": "/investor/theses/thesis-5057edfa79/",
      "laneId": "lane_2eefe4e126c6",
      "lane": "AI 医疗/生物科技效率",
      "laneHref": "/investor/lanes/ai-healthcare-and-biology-productivity/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 48,
      "supports": 0,
      "risks": 2,
      "neutral": 0,
      "eventCount": 2,
      "events": [
        {
          "title": "医疗设备板块在 A 股医药配置中的相对定位与估值重估",
          "summary": "研究记录索引： 7/10 - 撰写人： 首席策略师 (Chief Strategist) - 工作日期： 2026-07-13 (Asia/Singapore) - 立场： 综合 (SYNTHESIZE — 在隔离 research note 流程泄漏后，基于前序 prior r...",
          "href": "/investor/reports/archive-54c0c3ae18d4/",
          "stance": "risk",
          "stanceLabel": "风险"
        },
        {
          "title": "K 型财政落地下医疗设备企业的产品组合重构与盈利预测重估",
          "summary": "研究记录 · 分析师： 医药行业分析师 - 工作日期（Asia/Singapore）： 2026-07-13 - 立场： 支持（SUPPORT — 确认并量化 既有研究记录 主线，补充产品组合与出海对冲两层） - 关注标...",
          "href": "/investor/reports/archive-aa57d78c282c/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "300760.SZ",
        "688271.SH",
        "300633.SZ",
        "688212.SH",
        "2359.HK",
        "2269.HK",
        "688617.SH",
        "DHR",
        "SDGR"
      ]
    },
    {
      "id": "thesis-86be10e7fb",
      "title": "为应对外交预期透支与高油价冲击，宏观组合必须激进缩短美债久期、超配原油与铜期货，并对冲多头人民币头寸，以配合A股15-20%的“真防御”…",
      "titleEn": "Practical research topic: 为应对外交预期透支与高油价冲击，宏观组合必须激进缩短美债久期、超配原油与铜期货，并对冲多头人民币头寸，以配合A股15-20%的“真防御”…",
      "href": "/investor/theses/thesis-86be10e7fb/",
      "laneId": "lane_93300d58763e",
      "lane": "油气/地缘通胀",
      "laneHref": "/investor/lanes/oil-gas-and-geopolitical-inflation/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 79,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "油价中枢下移与人民币强势下的A股红利再平衡 - 2026-07-13",
          "summary": "研究记录 · 分析师： chief-strategist · 工作日期： 2026-07-13（Asia/Singapore） · 立场： stress-test",
          "href": "/investor/reports/archive-3a3d30009d23/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "0883.HK",
        "CVX",
        "XOM"
      ]
    },
    {
      "id": "thesis-0e8748c14f",
      "title": "科创50指数存在2207.86点与1596.57点两个报价口径（相差611点），直接导致对雪球敲入（1516-1550点）和两融强平压力…",
      "titleEn": "Practical research topic: 科创50指数存在2207.86点与1596.57点两个报价口径（相差611点），直接导致对雪球敲入（1516-1550点）和两融强平压力…",
      "href": "/investor/theses/thesis-0e8748c14f/",
      "laneId": "lane_968dd01cb43f",
      "lane": "A股半导体/两融负 Gamma",
      "laneHref": "/investor/lanes/a-share-semiconductor-margin-and-negative-gamma/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 79,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "A股存储与算力硬件链：风格再配置与两融杠杆压力测试",
          "summary": "既有研究记录— A股存储与算力硬件链：风格再配置与两融杠杆压力测试 日期：2026-08-20（新加坡时区） 分析师：首席策略师 立场：synthesize（综合）",
          "href": "/investor/reports/archive-1efd7315d7a6/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "688256.SH",
        "688981.SH",
        "0981.HK",
        "688041.SH",
        "588000.SH",
        "688008.SH",
        "688012.SH"
      ]
    },
    {
      "id": "thesis-03dab97a77",
      "title": "人民币稳定使当前应保留滞胀杠铃，但用黄金、久期与轻USD对冲把组合从单一A股Beta改造成可按黄/红档汇率阶梯再平衡的跨资产防御组合。",
      "titleEn": "Practical research topic: 人民币稳定使当前应保留滞胀杠铃，但用黄金、久期与轻USD对冲把组合从单一A股Beta改造成可按黄/红档汇率阶梯再平衡的跨资产防御组合。",
      "href": "/investor/theses/thesis-03dab97a77/",
      "laneId": "lane_c40c2ce413ec",
      "lane": "人民币/美元流动性敏感资产",
      "laneHref": "/investor/lanes/rmb-dollar-and-liquidity-sensitive-assets/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 78,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "CNH融资压力下A股两融抵押品、Stock Connect资金流与科技风格轮动的量化压力测试",
          "summary": "CNH融资压力下A股两融抵押品、Stock Connect资金流与科技风格轮动的量化压力测试",
          "href": "/investor/reports/archive-a10a39c88540/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "3988.HK",
        "UUP",
        "FXI"
      ]
    },
    {
      "id": "thesis-5be4c31f4e",
      "title": "6月央行双会周（日本央行6月15-16日加息至1.00%、美联储6月16-17日按兵不动）叠加正在降温但仍高企的中东石油冲击，对全球风险…",
      "titleEn": "Practical research topic: 6月央行双会周（日本央行6月15-16日加息至1.00%、美联储6月16-17日按兵不动）叠加正在降温但仍高企的中东石油冲击，对全球风险…",
      "href": "/investor/theses/thesis-5be4c31f4e/",
      "laneId": "lane_1c216bd29875",
      "lane": "美债利率/美元再定价",
      "laneHref": "/investor/lanes/us-rates-and-dollar-repricing/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 78,
      "supports": 1,
      "risks": 0,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "2026-07-23 首席策略师研究记录：美联储保留加息选项与强美元格局下的A股风格轮动与资金流向",
          "summary": "2026-07-23 首席策略师研究记录：美联储保留加息选项与强美元格局下的A股风格轮动与资金流向",
          "href": "/investor/reports/archive-c8fe3dfb59c2/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "TLT",
        "IEF",
        "UUP"
      ]
    },
    {
      "id": "thesis-4ad776c10c",
      "title": "地缘缓和致WTI重挫超6%至76.05美元，但美联储维持偏鹰加息倾向，通胀降温与高实际利率并存。这是否标志着上游资源品通胀红利估值逻辑的…",
      "titleEn": "Practical research topic: 地缘缓和致WTI重挫超6%至76.05美元，但美联储维持偏鹰加息倾向，通胀降温与高实际利率并存。这是否标志着上游资源品通胀红利估值逻辑的…",
      "href": "/investor/theses/thesis-4ad776c10c/",
      "laneId": "lane_93300d58763e",
      "lane": "油气/地缘通胀",
      "laneHref": "/investor/lanes/oil-gas-and-geopolitical-inflation/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 78,
      "supports": 1,
      "risks": 0,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "2026-07-23 首席策略师研究记录：美联储保留加息选项与强美元格局下的A股风格轮动与资金流向",
          "summary": "2026-07-23 首席策略师研究记录：美联储保留加息选项与强美元格局下的A股风格轮动与资金流向",
          "href": "/investor/reports/archive-c8fe3dfb59c2/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "SLB",
        "OXY",
        "0883.HK"
      ]
    },
    {
      "id": "thesis-7a2fc614c1",
      "title": "在半导体板块面临两融去杠杆踩踏与美股SOX进入熊市的背景下，大基金三期的3440亿元主权支持能否为A股半导体构成估值安全垫？同时，北美变…",
      "titleEn": "Practical research topic: 在半导体板块面临两融去杠杆踩踏与美股SOX进入熊市的背景下，大基金三期的3440亿元主权支持能否为A股半导体构成估值安全垫？同时，北美变…",
      "href": "/investor/theses/thesis-7a2fc614c1/",
      "laneId": "lane_10d7884cbe65",
      "lane": "AI 电力/电网设备",
      "laneHref": "/investor/lanes/ai-power-and-grid-equipment/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 77,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "A股存储与算力硬件链：风格再配置与两融杠杆压力测试",
          "summary": "既有研究记录— A股存储与算力硬件链：风格再配置与两融杠杆压力测试 日期：2026-08-20（新加坡时区） 分析师：首席策略师 立场：synthesize（综合）",
          "href": "/investor/reports/archive-1efd7315d7a6/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "002028.SZ",
        "600089.SH",
        "601179.SH",
        "GEV",
        "ETN",
        "CEG",
        "VST"
      ]
    },
    {
      "id": "thesis-ace402c8b6",
      "title": "科创板极端护盘对A股整体流动性的虹吸效应与跨板块资产配置调整 研究日期： 2026 05 22 作者： 首席策略师 (Chief Str…",
      "titleEn": "Practical research topic: 科创板极端护盘对A股整体流动性的虹吸效应与跨板块资产配置调整 研究日期： 2026 05 22 作者： 首席策略师 (Chief Str…",
      "href": "/investor/theses/thesis-ace402c8b6/",
      "laneId": "lane_1c216bd29875",
      "lane": "美债利率/美元再定价",
      "laneHref": "/investor/lanes/us-rates-and-dollar-repricing/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 77,
      "supports": 1,
      "risks": 0,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "2026-07-23 首席策略师研究记录：美联储保留加息选项与强美元格局下的A股风格轮动与资金流向",
          "summary": "2026-07-23 首席策略师研究记录：美联储保留加息选项与强美元格局下的A股风格轮动与资金流向",
          "href": "/investor/reports/archive-c8fe3dfb59c2/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "P",
        "TLT",
        "IEF"
      ]
    },
    {
      "id": "thesis-7a72c14c0e",
      "title": "离岸收紧目前更可能触发局部高拥挤板块去杠杆，而非A股全市场两融踩踏；红利低波守底仓，资源股只做流动性凸性腿。",
      "titleEn": "Practical research topic: 离岸收紧目前更可能触发局部高拥挤板块去杠杆，而非A股全市场两融踩踏；红利低波守底仓，资源股只做流动性凸性腿。",
      "href": "/investor/theses/thesis-7a72c14c0e/",
      "laneId": "lane_c40c2ce413ec",
      "lane": "人民币/美元流动性敏感资产",
      "laneHref": "/investor/lanes/rmb-dollar-and-liquidity-sensitive-assets/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 77,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "CNH融资压力下A股两融抵押品、Stock Connect资金流与科技风格轮动的量化压力测试",
          "summary": "CNH融资压力下A股两融抵押品、Stock Connect资金流与科技风格轮动的量化压力测试",
          "href": "/investor/reports/archive-a10a39c88540/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "3988.HK",
        "9988.HK",
        "0700.HK"
      ]
    },
    {
      "id": "thesis-87af28db3e",
      "title": "宇航电源份额与卫星交付驱动电科蓝天兑现",
      "titleEn": "Space-Power Share and Satellite Deliveries Drive CETC Solar Energy Monetization",
      "href": "/investor/theses/thesis-87af28db3e/",
      "laneId": "lane_54700cb9537f",
      "lane": "商业航天/卫星直连",
      "laneHref": "/investor/lanes/commercial-space-and-direct-to-device-satellite/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 74,
      "supports": 1,
      "risks": 0,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "市场情绪午间社交话题扫描",
          "summary": "锚定日期：2026-07-13 角色：sentiment-analyst 任务窗口：所有“今天 / 昨天 / 上一交易日”均按 shell 日期 2026-07-13 解析。 目标状态： my active goals.md 显示当前没有 active goals；本...",
          "href": "/investor/reports/archive-5a92f8007d59/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "RKLB",
        "ASTS",
        "RDW",
        "LUNR",
        "IRDM",
        "LMT"
      ]
    },
    {
      "id": "thesis-d0faeae7f0",
      "title": "NAND价格与产品组合驱动SanDisk盈利弹性",
      "titleEn": "NAND pricing and mix drive SanDisk earnings leverage",
      "href": "/investor/theses/thesis-d0faeae7f0/",
      "laneId": "lane_f44cf45c8649",
      "lane": "AI 算力半导体",
      "laneHref": "/investor/lanes/ai-compute-semiconductors/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 72,
      "supports": 1,
      "risks": 0,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "市场情绪周度研究报告",
          "summary": "市场情绪周度研究报告 分析师角色：市场情绪师 (Sentiment Analyst) 覆盖周期：2026-07-13（周一）→ 2026-07-17（周五） 报告基准日（shell 时钟）：2026-07-19 上游文件： 01 weekly plan.md...",
          "href": "/investor/reports/archive-1ef3a27713c3/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "NVDA",
        "TSM",
        "MU",
        "000660.KS",
        "META",
        "AMD"
      ]
    },
    {
      "id": "thesis-ab1fb6a453",
      "title": "DeepSeek 式低价模型正在重塑 AI 定价权与软件利润池",
      "titleEn": "DeepSeek-style low-cost models are reshaping AI pricing power and software profit pools",
      "href": "/investor/theses/thesis-ab1fb6a453/",
      "laneId": "lane_13710af7e06d",
      "lane": "低价模型/AI 软件利润池",
      "laneHref": "/investor/lanes/low-cost-models-and-ai-software-profit-pools/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 72,
      "supports": 1,
      "risks": 0,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "金融行业研究周报规划 / Weekly Research Plan (2026-07-13 至 2026-07-17)",
          "summary": "金融行业研究周报规划 / Weekly Research Plan (2026-07-13 至 2026-07-17)",
          "href": "/investor/reports/archive-68cfbb864483/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "BABA",
        "MSFT",
        "BIDU",
        "9988.HK",
        "CRM",
        "0700.HK",
        "NVDA",
        "NOW",
        "9888.HK"
      ]
    },
    {
      "id": "thesis-58200390b4",
      "title": "加密资产仍是全球流动性和散户风险偏好的高频回声",
      "titleEn": "Crypto remains a high-frequency echo of global liquidity and retail risk appetite",
      "href": "/investor/theses/thesis-58200390b4/",
      "laneId": "lane_73a269a07a15",
      "lane": "加密/高波动风险偏好",
      "laneHref": "/investor/lanes/crypto-and-high-beta-risk-appetite/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 68,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "每日市场情绪综合指数",
          "summary": "日期锚点：2026-07-13（系统日期锚 ）。数据源校验 数据状态： markets overnight us 、 yield curve us 、 sector etf closes us 均为 confidence=high 、 is stale=false，未触发刷新...",
          "href": "/investor/reports/archive-55e160db5859/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "MSTR",
        "COIN",
        "IBIT",
        "HOOD",
        "RIOT",
        "NVDA",
        "LOW",
        "MARA"
      ]
    },
    {
      "id": "thesis-34ed317472",
      "title": "A股实施篮子的两融拥挤与流动性承载压力测试",
      "titleEn": "Practical research topic: A股实施篮子的两融拥挤与流动性承载压力测试",
      "href": "/investor/theses/thesis-34ed317472/",
      "laneId": "lane_070c58f355b5",
      "lane": "A股风险偏好/两融",
      "laneHref": "/investor/lanes/a-share-risk-appetite-and-margin/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 67,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "2026-07-13 A股“电网优先”组合：换手率、融资占比与主力资金流降风险阈值",
          "summary": "2026-07-13 A股“电网优先”组合：换手率、融资占比与主力资金流降风险阈值",
          "href": "/investor/reports/archive-6f1523f44f8a/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "588000.SH",
        "510300.SH",
        "512100.SH"
      ]
    },
    {
      "id": "thesis-3f6ee4feb9",
      "title": "核电容量机制可改善现金流，但资本开支约束仍在",
      "titleEn": "Nuclear capacity mechanisms may improve cash flow, but capex remains binding",
      "href": "/investor/theses/thesis-3f6ee4feb9/",
      "laneId": "lane_22c1ed929e2e",
      "lane": "公用事业/电网信用",
      "laneHref": "/investor/lanes/utilities-grid-rate-base-and-credit/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 66,
      "supports": 1,
      "risks": 0,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "公用事业周报研究计划（Utilities Weekly — Research Plan）",
          "summary": "公用事业周报研究计划（Utilities Weekly — Research Plan）",
          "href": "/investor/reports/archive-40545e1491e9/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "600900.SH",
        "CEG",
        "AEP",
        "600025.SH",
        "DUK",
        "1816.HK",
        "NEE"
      ]
    },
    {
      "id": "thesis-70daf87262",
      "title": "A 股红利与硬科技杠铃仍是政策、利率和风险偏好的组合表达",
      "titleEn": "A-share dividend and hard-tech barbell remains the portfolio expression of policy, rates, and risk appetite",
      "href": "/investor/theses/thesis-70daf87262/",
      "laneId": "lane_bf77fb66551a",
      "lane": "A股红利/硬科技杠铃",
      "laneHref": "/investor/lanes/a-share-dividend-and-hard-tech-barbell/",
      "direction": "strengthening",
      "directionLabel": "强化",
      "conviction": 65,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "§1 THESIS",
          "summary": "author: daily-report-editor as of: 2026-07-13 market window: EOD market: AH tickers: [000001.SH, 399001.SZ, 399006.SZ, 000688.SH, 603986.SH, 300308.S…",
          "href": "/investor/reports/archive-d7c18538adfa/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "600900.SH",
        "601398.SH",
        "601088.SH",
        "600941.SH",
        "588000.SH",
        "688981.SH",
        "601939.SH",
        "510880.SH"
      ]
    },
    {
      "id": "thesis-4b3b37e207",
      "title": "散户情绪与北向资金背离是 A 股风险偏好的关键温度计",
      "titleEn": "Retail sentiment versus northbound flow divergence is the key A-share risk thermometer",
      "href": "/investor/theses/thesis-4b3b37e207/",
      "laneId": "lane_070c58f355b5",
      "lane": "A股风险偏好/两融",
      "laneHref": "/investor/lanes/a-share-risk-appetite-and-margin/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 62,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "§1 THESIS",
          "summary": "author: daily-report-editor as of: 2026-07-13 market window: EOD market: AH tickers: [000001.SH, 399001.SZ, 399006.SZ, 000688.SH, 603986.SH, 300308.S…",
          "href": "/investor/reports/archive-d7c18538adfa/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "588000.SH",
        "300308.SZ",
        "300750.SZ",
        "600519.SH",
        "159915.SZ",
        "510300.SH",
        "688256.SH",
        "600900.SH"
      ]
    },
    {
      "id": "thesis-6f42e0fe6e",
      "title": "稀土、铜铝与关键材料正在成为 AI 与新能源共用的供给约束",
      "titleEn": "Rare earths, copper, aluminum, and key materials are becoming shared supply constraints for AI and energy transition",
      "href": "/investor/theses/thesis-6f42e0fe6e/",
      "laneId": "lane_8c4a3526fcca",
      "lane": "关键材料/稀土铜铝",
      "laneHref": "/investor/lanes/critical-materials-rare-earths-copper-and-aluminum/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 58,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "A股技术形态与量能地图 (2026-07-14)",
          "summary": "[!NOTE] 本报告基于2026年7月14日收盘及历史数据编制。所有数据引用的相对时间（如“今日”、“昨日”）均以2026年7月14日为基准。",
          "href": "/investor/reports/archive-44d3f9b6907b/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "FCX",
        "GEV",
        "000831.SZ",
        "SCCO",
        "ETN",
        "MP",
        "TECK",
        "600111.SH",
        "600089.SH"
      ]
    },
    {
      "id": "thesis-d4473d35e5",
      "title": "猪周期、粮食与农产品价格决定中国低通胀修复的弹性",
      "titleEn": "Hog cycle, grain, and agricultural prices define the elasticity of China's low-inflation repair",
      "href": "/investor/theses/thesis-d4473d35e5/",
      "laneId": "lane_6e276fa53da1",
      "lane": "食品农业/猪周期",
      "laneHref": "/investor/lanes/food-agriculture-and-hog-cycle/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 56,
      "supports": 1,
      "risks": 0,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "化肥防火墙与MSP地板对中国食品CPI、农村居民收入与农业财政成本的宏观传导深度分析",
          "summary": "化肥防火墙与MSP地板对中国食品CPI、农村居民收入与农业财政成本的宏观传导深度分析",
          "href": "/investor/reports/archive-71c0d6db24bd/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "002714.SZ",
        "001215.SZ",
        "300498.SZ",
        "000876.SZ",
        "CME",
        "600298.SH",
        "ADM",
        "DBA"
      ]
    },
    {
      "id": "thesis-985b80b224",
      "title": "具身智能机器人进入 BOM 降本与执行器供给验证期",
      "titleEn": "Embodied AI robotics enters the BOM deflation and actuator supply verification phase",
      "href": "/investor/theses/thesis-985b80b224/",
      "laneId": "lane_a724a01f8428",
      "lane": "具身智能/机器人零部件",
      "laneHref": "/investor/lanes/embodied-ai-and-robotics-components/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 55,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "国内设备更新政策下数控机床与机器人核心零部件的订单与毛利验证 — 2026-07-13",
          "summary": "国内设备更新政策下数控机床与机器人核心零部件的订单与毛利验证 — 2026-07-13",
          "href": "/investor/reports/archive-de06387f62d8/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "002472.SZ",
        "688017.SH",
        "TSLA",
        "002747.SZ",
        "300124.SZ",
        "NVDA",
        "603662.SH",
        "002050.SZ",
        "ABBNY"
      ]
    },
    {
      "id": "thesis-fd31cc177b",
      "title": "债券供给、地方债与久期需求决定利率下行空间",
      "titleEn": "Bond supply, local-government debt, and duration demand define room for rates to fall",
      "href": "/investor/theses/thesis-fd31cc177b/",
      "laneId": "lane_6fbf93c613f9",
      "lane": "债券供给/银行久期",
      "laneHref": "/investor/lanes/bond-supply-and-bank-duration/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 54,
      "supports": 1,
      "risks": 0,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "每日午间碰头会简报 (2026-07-13)",
          "summary": "报告日期：2026-07-13 分析师：全球宏观分析师 (Global Macro Analyst) 文档状态：简体中文版 (Canonical Chinese Version)",
          "href": "/investor/reports/archive-4246d9420dac/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "601398.SH",
        "601939.SH",
        "601288.SH",
        "3988.HK",
        "600900.SH",
        "TLT",
        "IEF",
        "000001.SZ"
      ]
    },
    {
      "id": "thesis-66eb42380e",
      "title": "海洋经济的政策催化需要落到船舶订单、海工装备与海上资源现金流",
      "titleEn": "Marine-economy policy support must convert into ship orders, offshore equipment, and offshore-resource cash flow",
      "href": "/investor/theses/thesis-66eb42380e/",
      "laneId": "lane_f8b4918fe5b3",
      "lane": "海洋经济/船舶海工",
      "laneHref": "/investor/lanes/marine-economy-shipbuilding-and-offshore-equipment/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 53,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "2026-07-13 宏观研究：油价体制断层的双向压力测试——霍尔木兹危机重燃、OPEC+对峙与中国深水资本...",
          "summary": "2026-07-13 宏观研究：油价体制断层的双向压力测试——霍尔木兹危机重燃、OPEC+对峙与中国深水资本开支及人民币的外溢传导",
          "href": "/investor/reports/archive-16b1737e1e35/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "601890.SH",
        "600150.SH",
        "600938.SH",
        "600583.SH",
        "603727.SH",
        "000039.SZ",
        "0883.HK",
        "300589.SZ",
        "601919.SH"
      ]
    },
    {
      "id": "thesis-a803fa3312",
      "title": "美联储路径仍是全球资产再定价的总阀门",
      "titleEn": "The Fed path remains the master valve for global asset repricing",
      "href": "/investor/theses/thesis-a803fa3312/",
      "laneId": "lane_1c216bd29875",
      "lane": "美债利率/美元再定价",
      "laneHref": "/investor/lanes/us-rates-and-dollar-repricing/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 46,
      "supports": 1,
      "risks": 0,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "周度研究报告选题计划 · 晨会主编",
          "summary": "本周覆盖范围 / Coverage window: 2026-07-13 (周一) → 2026-07-17 (周五)",
          "href": "/investor/reports/archive-4b93f526ba33/",
          "stance": "supports",
          "stanceLabel": "支持"
        }
      ],
      "stockTickers": [
        "CME",
        "TLT",
        "JPM",
        "KRE",
        "GLD",
        "IEF",
        "UUP"
      ]
    },
    {
      "id": "thesis-e26ef69f73",
      "title": "风险核查与证据质量是主题交易的必要过滤器",
      "titleEn": "Risk verification and evidence quality are necessary filters for theme trades",
      "href": "/investor/theses/thesis-e26ef69f73/",
      "laneId": "lane_ccbe817778d1",
      "lane": "组合风控/证据质量",
      "laneHref": "/investor/lanes/portfolio-risk-and-evidence-quality/",
      "direction": "conflicting",
      "directionLabel": "分歧",
      "conviction": 44,
      "supports": 0,
      "risks": 1,
      "neutral": 0,
      "eventCount": 1,
      "events": [
        {
          "title": "首席风控官周度风险研究与分析计划 / CRO Weekly Risk Research & Analysis Plan",
          "summary": "首席风控官周度风险研究与分析计划 / CRO Weekly Risk Research & Analysis Plan",
          "href": "/investor/reports/archive-2f400fa038d6/",
          "stance": "risk",
          "stanceLabel": "风险"
        }
      ],
      "stockTickers": [
        "CME",
        "CBOE",
        "IBKR",
        "VIRT",
        "SH"
      ]
    }
  ],
  "lanes": [
    {
      "id": "lane_7e439482cbef",
      "title": "中国出口制造/利润率",
      "href": "/investor/lanes/china-export-manufacturing-and-margins/",
      "thesisCount": 2,
      "eventCount": 7,
      "convictionTotal": 113,
      "stockTickers": [
        "600690.SH",
        "000333.SZ",
        "600900.SH",
        "002139.SZ",
        "2313.HK",
        "605183.SH",
        "300750.SZ",
        "002594.SZ",
        "002475.SZ",
        "2020.HK"
      ],
      "avgConviction": 57
    },
    {
      "id": "lane_640d21327d8b",
      "title": "中国大健康/创新药出海",
      "href": "/investor/lanes/china-healthcare-and-overseas-innovation-drug-monetization/",
      "thesisCount": 3,
      "eventCount": 6,
      "convictionTotal": 192,
      "stockTickers": [
        "1801.HK",
        "600276.SH",
        "2359.HK",
        "2269.HK",
        "9926.HK",
        "603259.SH",
        "1177.HK",
        "6990.HK",
        "300760.SZ",
        "002821.SZ"
      ],
      "avgConviction": 64
    },
    {
      "id": "lane_dd5a3eb17672",
      "title": "酒店餐饮休闲/服务消费",
      "href": "/investor/lanes/hotels-restaurants-leisure-and-services-consumption/",
      "thesisCount": 1,
      "eventCount": 4,
      "convictionTotal": 65,
      "stockTickers": [
        "9922.HK",
        "3690.HK",
        "001215.SZ",
        "YUMC",
        "300144.SZ",
        "1179.HK",
        "0780.HK",
        "605108.SH",
        "9658.HK"
      ],
      "avgConviction": 65
    },
    {
      "id": "lane_a724a01f8428",
      "title": "具身智能/机器人零部件",
      "href": "/investor/lanes/embodied-ai-and-robotics-components/",
      "thesisCount": 2,
      "eventCount": 4,
      "convictionTotal": 119,
      "stockTickers": [
        "002472.SZ",
        "002747.SZ",
        "300124.SZ",
        "TSLA",
        "688017.SH",
        "603915.SH",
        "NVDA",
        "603662.SH",
        "002050.SZ",
        "ABBNY"
      ],
      "avgConviction": 60
    },
    {
      "id": "lane_6e2dcaab093e",
      "title": "工业机械/设备更新出海",
      "href": "/investor/lanes/industrial-machinery-equipment-upgrade-and-exports/",
      "thesisCount": 1,
      "eventCount": 4,
      "convictionTotal": 59,
      "stockTickers": [
        "600031.SH",
        "600761.SH",
        "002747.SZ",
        "000425.SZ",
        "603338.SH",
        "603298.SH",
        "000157.SZ",
        "601100.SH",
        "300124.SZ"
      ],
      "avgConviction": 59
    },
    {
      "id": "lane_13d7ced85300",
      "title": "食品加工/成本传导",
      "href": "/investor/lanes/food-processing-and-input-cost-transmission/",
      "thesisCount": 2,
      "eventCount": 4,
      "convictionTotal": 115,
      "stockTickers": [
        "001215.SZ",
        "600298.SH",
        "603027.SH",
        "300973.SZ",
        "603317.SH",
        "002852.SZ",
        "002847.SZ",
        "603345.SH",
        "002991.SZ",
        "ADM"
      ],
      "avgConviction": 58
    },
    {
      "id": "lane_1c216bd29875",
      "title": "美债利率/美元再定价",
      "href": "/investor/lanes/us-rates-and-dollar-repricing/",
      "thesisCount": 3,
      "eventCount": 3,
      "convictionTotal": 201,
      "stockTickers": [
        "TLT",
        "IEF",
        "UUP",
        "P",
        "CME",
        "JPM",
        "KRE",
        "GLD"
      ],
      "avgConviction": 67
    },
    {
      "id": "lane_8cf8740aac77",
      "title": "消费降级/健康银发",
      "href": "/investor/lanes/consumer-downgrade-health-and-silver-economy/",
      "thesisCount": 1,
      "eventCount": 3,
      "convictionTotal": 62,
      "stockTickers": [
        "600519.SH",
        "3690.HK",
        "001215.SZ",
        "600276.SH",
        "300760.SZ",
        "1801.HK",
        "1177.HK",
        "2319.HK",
        "UNH"
      ],
      "avgConviction": 62
    },
    {
      "id": "lane_22c1ed929e2e",
      "title": "公用事业/电网信用",
      "href": "/investor/lanes/utilities-grid-rate-base-and-credit/",
      "thesisCount": 2,
      "eventCount": 3,
      "convictionTotal": 119,
      "stockTickers": [
        "600900.SH",
        "CEG",
        "AEP",
        "600025.SH",
        "DUK",
        "1816.HK",
        "NEE",
        "VST",
        "XLU",
        "META",
        "SMR",
        "GEV"
      ],
      "avgConviction": 60
    },
    {
      "id": "lane_4cc1e74d8e5f",
      "title": "A股硬科技/科创50",
      "href": "/investor/lanes/a-share-hard-tech-and-star50/",
      "thesisCount": 1,
      "eventCount": 3,
      "convictionTotal": 56,
      "stockTickers": [
        "300308.SZ",
        "688256.SH",
        "688981.SH",
        "0981.HK",
        "688041.SH",
        "600900.SH",
        "688008.SH",
        "588000.SH",
        "300394.SZ",
        "002916.SZ"
      ],
      "avgConviction": 56
    },
    {
      "id": "lane_1514a60f727a",
      "title": "国防航空航天供应链",
      "href": "/investor/lanes/defense-and-aerospace-supply-chain/",
      "thesisCount": 1,
      "eventCount": 3,
      "convictionTotal": 55,
      "stockTickers": [
        "LMT",
        "RTX",
        "NOC",
        "RKLB",
        "BA",
        "CAT",
        "IRDM",
        "ASTS",
        "HWM"
      ],
      "avgConviction": 55
    },
    {
      "id": "lane_b29e1d216a21",
      "title": "信用再融资/私募信贷",
      "href": "/investor/lanes/credit-refinancing-and-private-debt/",
      "thesisCount": 1,
      "eventCount": 3,
      "convictionTotal": 52,
      "stockTickers": [
        "KRE",
        "JPM",
        "META",
        "BX",
        "ARES",
        "KKR",
        "APO"
      ],
      "avgConviction": 52
    },
    {
      "id": "lane_93300d58763e",
      "title": "油气/地缘通胀",
      "href": "/investor/lanes/oil-gas-and-geopolitical-inflation/",
      "thesisCount": 2,
      "eventCount": 2,
      "convictionTotal": 157,
      "stockTickers": [
        "0883.HK",
        "CVX",
        "XOM",
        "SLB",
        "OXY"
      ],
      "avgConviction": 79
    },
    {
      "id": "lane_c40c2ce413ec",
      "title": "人民币/美元流动性敏感资产",
      "href": "/investor/lanes/rmb-dollar-and-liquidity-sensitive-assets/",
      "thesisCount": 2,
      "eventCount": 2,
      "convictionTotal": 155,
      "stockTickers": [
        "3988.HK",
        "UUP",
        "FXI",
        "9988.HK",
        "0700.HK"
      ],
      "avgConviction": 78
    },
    {
      "id": "lane_070c58f355b5",
      "title": "A股风险偏好/两融",
      "href": "/investor/lanes/a-share-risk-appetite-and-margin/",
      "thesisCount": 2,
      "eventCount": 2,
      "convictionTotal": 129,
      "stockTickers": [
        "588000.SH",
        "510300.SH",
        "512100.SH",
        "300308.SZ",
        "300750.SZ",
        "600519.SH",
        "159915.SZ",
        "688256.SH",
        "600900.SH"
      ],
      "avgConviction": 65
    },
    {
      "id": "lane_2ba2ee6db1ee",
      "title": "期权伽马/市场微观结构",
      "href": "/investor/lanes/options-gamma-and-market-microstructure/",
      "thesisCount": 1,
      "eventCount": 2,
      "convictionTotal": 62,
      "stockTickers": [
        "CBOE",
        "CME",
        "HOOD",
        "IBKR",
        "VIRT",
        "VIXY"
      ],
      "avgConviction": 62
    },
    {
      "id": "lane_5c8ea9f78210",
      "title": "地产信用底/REITs",
      "href": "/investor/lanes/china-property-credit-floor-and-reits/",
      "thesisCount": 1,
      "eventCount": 2,
      "convictionTotal": 61,
      "stockTickers": [
        "1109.HK",
        "600048.SH",
        "001979.SZ",
        "0960.HK",
        "0688.HK",
        "000002.SZ",
        "0823.HK"
      ],
      "avgConviction": 61
    },
    {
      "id": "lane_c0702fb29e08",
      "title": "AI 再通胀/利率敏感资产",
      "href": "/investor/lanes/ai-reflation-and-rate-sensitive-assets/",
      "thesisCount": 1,
      "eventCount": 2,
      "convictionTotal": 55,
      "stockTickers": [
        "META",
        "MSFT",
        "AMZN",
        "GOOGL",
        "XLE",
        "TLT",
        "XLU",
        "NVDA"
      ],
      "avgConviction": 55
    },
    {
      "id": "lane_a8d9c69ae883",
      "title": "中国权益流动性",
      "href": "/investor/lanes/china-equity-liquidity/",
      "thesisCount": 1,
      "eventCount": 2,
      "convictionTotal": 52,
      "stockTickers": [
        "300308.SZ",
        "0700.HK",
        "9988.HK",
        "510300.SH",
        "159915.SZ",
        "300750.SZ",
        "3988.HK",
        "588000.SH",
        "LOW"
      ],
      "avgConviction": 52
    },
    {
      "id": "lane_2eefe4e126c6",
      "title": "AI 医疗/生物科技效率",
      "href": "/investor/lanes/ai-healthcare-and-biology-productivity/",
      "thesisCount": 1,
      "eventCount": 2,
      "convictionTotal": 48,
      "stockTickers": [
        "300760.SZ",
        "688271.SH",
        "300633.SZ",
        "688212.SH",
        "2359.HK",
        "2269.HK",
        "688617.SH",
        "DHR",
        "SDGR"
      ],
      "avgConviction": 48
    },
    {
      "id": "lane_968dd01cb43f",
      "title": "A股半导体/两融负 Gamma",
      "href": "/investor/lanes/a-share-semiconductor-margin-and-negative-gamma/",
      "thesisCount": 1,
      "eventCount": 1,
      "convictionTotal": 79,
      "stockTickers": [
        "688256.SH",
        "688981.SH",
        "0981.HK",
        "688041.SH",
        "588000.SH",
        "688008.SH",
        "688012.SH"
      ],
      "avgConviction": 79
    },
    {
      "id": "lane_10d7884cbe65",
      "title": "AI 电力/电网设备",
      "href": "/investor/lanes/ai-power-and-grid-equipment/",
      "thesisCount": 1,
      "eventCount": 1,
      "convictionTotal": 77,
      "stockTickers": [
        "002028.SZ",
        "600089.SH",
        "601179.SH",
        "GEV",
        "ETN",
        "CEG",
        "VST"
      ],
      "avgConviction": 77
    },
    {
      "id": "lane_54700cb9537f",
      "title": "商业航天/卫星直连",
      "href": "/investor/lanes/commercial-space-and-direct-to-device-satellite/",
      "thesisCount": 1,
      "eventCount": 1,
      "convictionTotal": 74,
      "stockTickers": [
        "RKLB",
        "ASTS",
        "RDW",
        "LUNR",
        "IRDM",
        "LMT"
      ],
      "avgConviction": 74
    },
    {
      "id": "lane_f44cf45c8649",
      "title": "AI 算力半导体",
      "href": "/investor/lanes/ai-compute-semiconductors/",
      "thesisCount": 1,
      "eventCount": 1,
      "convictionTotal": 72,
      "stockTickers": [
        "NVDA",
        "TSM",
        "MU",
        "000660.KS",
        "META",
        "AMD"
      ],
      "avgConviction": 72
    }
  ],
  "stocks": [
    {
      "ticker": "600900.SH",
      "name": "长江电力",
      "market": "A-share",
      "href": "/investor/stocks/600900.SH/",
      "thesisCount": 8,
      "eventCount": 16,
      "lanes": [
        "公用事业/电网信用",
        "A股红利/硬科技杠铃",
        "中国出口制造/利润率",
        "A股风险偏好/两融",
        "A股硬科技/科创50"
      ]
    },
    {
      "ticker": "001215.SZ",
      "name": "千味央厨",
      "market": "A-share",
      "href": "/investor/stocks/001215.SZ/",
      "thesisCount": 5,
      "eventCount": 12,
      "lanes": [
        "食品加工/成本传导",
        "酒店餐饮休闲/服务消费",
        "消费降级/健康银发",
        "食品农业/猪周期"
      ]
    },
    {
      "ticker": "588000.SH",
      "name": "科创50 ETF",
      "market": "A-share ETF",
      "href": "/investor/stocks/588000.SH/",
      "thesisCount": 6,
      "eventCount": 9,
      "lanes": [
        "A股半导体/两融负 Gamma",
        "A股风险偏好/两融",
        "A股红利/硬科技杠铃",
        "A股硬科技/科创50",
        "中国权益流动性"
      ]
    },
    {
      "ticker": "1801.HK",
      "name": "信达生物",
      "market": "HK",
      "href": "/investor/stocks/1801.HK/",
      "thesisCount": 4,
      "eventCount": 9,
      "lanes": [
        "中国大健康/创新药出海",
        "消费降级/健康银发"
      ]
    },
    {
      "ticker": "600276.SH",
      "name": "恒瑞医药",
      "market": "A-share",
      "href": "/investor/stocks/600276.SH/",
      "thesisCount": 4,
      "eventCount": 9,
      "lanes": [
        "中国大健康/创新药出海",
        "消费降级/健康银发"
      ]
    },
    {
      "ticker": "META",
      "name": "Meta Platforms",
      "market": "US",
      "href": "/investor/stocks/META/",
      "thesisCount": 4,
      "eventCount": 8,
      "lanes": [
        "AI 算力半导体",
        "AI 再通胀/利率敏感资产",
        "公用事业/电网信用",
        "信用再融资/私募信贷"
      ]
    },
    {
      "ticker": "2359.HK",
      "name": "药明康德",
      "market": "HK",
      "href": "/investor/stocks/2359.HK/",
      "thesisCount": 4,
      "eventCount": 8,
      "lanes": [
        "中国大健康/创新药出海",
        "AI 医疗/生物科技效率"
      ]
    },
    {
      "ticker": "2269.HK",
      "name": "药明生物",
      "market": "HK",
      "href": "/investor/stocks/2269.HK/",
      "thesisCount": 4,
      "eventCount": 8,
      "lanes": [
        "中国大健康/创新药出海",
        "AI 医疗/生物科技效率"
      ]
    },
    {
      "ticker": "002747.SZ",
      "name": "埃斯顿",
      "market": "A-share",
      "href": "/investor/stocks/002747.SZ/",
      "thesisCount": 3,
      "eventCount": 8,
      "lanes": [
        "具身智能/机器人零部件",
        "工业机械/设备更新出海"
      ]
    },
    {
      "ticker": "300124.SZ",
      "name": "汇川技术",
      "market": "A-share",
      "href": "/investor/stocks/300124.SZ/",
      "thesisCount": 3,
      "eventCount": 8,
      "lanes": [
        "具身智能/机器人零部件",
        "工业机械/设备更新出海"
      ]
    },
    {
      "ticker": "1177.HK",
      "name": "中国生物制药",
      "market": "HK",
      "href": "/investor/stocks/1177.HK/",
      "thesisCount": 3,
      "eventCount": 7,
      "lanes": [
        "中国大健康/创新药出海",
        "消费降级/健康银发"
      ]
    },
    {
      "ticker": "300760.SZ",
      "name": "迈瑞医疗",
      "market": "A-share",
      "href": "/investor/stocks/300760.SZ/",
      "thesisCount": 3,
      "eventCount": 7,
      "lanes": [
        "消费降级/健康银发",
        "中国大健康/创新药出海",
        "AI 医疗/生物科技效率"
      ]
    },
    {
      "ticker": "300750.SZ",
      "name": "宁德时代",
      "market": "A-share",
      "href": "/investor/stocks/300750.SZ/",
      "thesisCount": 3,
      "eventCount": 7,
      "lanes": [
        "A股风险偏好/两融",
        "中国权益流动性",
        "中国出口制造/利润率"
      ]
    },
    {
      "ticker": "3690.HK",
      "name": "美团",
      "market": "HK",
      "href": "/investor/stocks/3690.HK/",
      "thesisCount": 2,
      "eventCount": 7,
      "lanes": [
        "酒店餐饮休闲/服务消费",
        "消费降级/健康银发"
      ]
    },
    {
      "ticker": "600690.SH",
      "name": "海尔智家",
      "market": "A-share",
      "href": "/investor/stocks/600690.SH/",
      "thesisCount": 2,
      "eventCount": 7,
      "lanes": [
        "中国出口制造/利润率"
      ]
    },
    {
      "ticker": "000333.SZ",
      "name": "美的集团",
      "market": "A-share",
      "href": "/investor/stocks/000333.SZ/",
      "thesisCount": 2,
      "eventCount": 7,
      "lanes": [
        "中国出口制造/利润率"
      ]
    },
    {
      "ticker": "002139.SZ",
      "name": "拓邦股份",
      "market": "A-share",
      "href": "/investor/stocks/002139.SZ/",
      "thesisCount": 2,
      "eventCount": 7,
      "lanes": [
        "中国出口制造/利润率"
      ]
    },
    {
      "ticker": "2313.HK",
      "name": "申洲国际",
      "market": "HK",
      "href": "/investor/stocks/2313.HK/",
      "thesisCount": 2,
      "eventCount": 7,
      "lanes": [
        "中国出口制造/利润率"
      ]
    },
    {
      "ticker": "TLT",
      "name": "iShares 20+ Year Treasury Bond ETF",
      "market": "US ETF",
      "href": "/investor/stocks/TLT/",
      "thesisCount": 5,
      "eventCount": 6,
      "lanes": [
        "美债利率/美元再定价",
        "AI 再通胀/利率敏感资产",
        "债券供给/银行久期"
      ]
    },
    {
      "ticker": "NVDA",
      "name": "NVIDIA",
      "market": "US",
      "href": "/investor/stocks/NVDA/",
      "thesisCount": 5,
      "eventCount": 6,
      "lanes": [
        "AI 算力半导体",
        "低价模型/AI 软件利润池",
        "加密/高波动风险偏好",
        "AI 再通胀/利率敏感资产",
        "具身智能/机器人零部件"
      ]
    },
    {
      "ticker": "9926.HK",
      "name": "9926.HK",
      "market": "HK",
      "href": "/investor/stocks/9926.HK/",
      "thesisCount": 3,
      "eventCount": 6,
      "lanes": [
        "中国大健康/创新药出海"
      ]
    },
    {
      "ticker": "603259.SH",
      "name": "药明康德",
      "market": "A-share",
      "href": "/investor/stocks/603259.SH/",
      "thesisCount": 3,
      "eventCount": 6,
      "lanes": [
        "中国大健康/创新药出海"
      ]
    },
    {
      "ticker": "300308.SZ",
      "name": "中际旭创",
      "market": "A-share",
      "href": "/investor/stocks/300308.SZ/",
      "thesisCount": 3,
      "eventCount": 6,
      "lanes": [
        "A股风险偏好/两融",
        "A股硬科技/科创50",
        "中国权益流动性"
      ]
    },
    {
      "ticker": "3988.HK",
      "name": "中国银行",
      "market": "HK",
      "href": "/investor/stocks/3988.HK/",
      "thesisCount": 4,
      "eventCount": 5,
      "lanes": [
        "人民币/美元流动性敏感资产",
        "债券供给/银行久期",
        "中国权益流动性"
      ]
    },
    {
      "ticker": "CME",
      "name": "CME Group",
      "market": "US",
      "href": "/investor/stocks/CME/",
      "thesisCount": 4,
      "eventCount": 5,
      "lanes": [
        "期权伽马/市场微观结构",
        "食品农业/猪周期",
        "美债利率/美元再定价",
        "组合风控/证据质量"
      ]
    },
    {
      "ticker": "688256.SH",
      "name": "寒武纪",
      "market": "A-share",
      "href": "/investor/stocks/688256.SH/",
      "thesisCount": 3,
      "eventCount": 5,
      "lanes": [
        "A股半导体/两融负 Gamma",
        "A股风险偏好/两融",
        "A股硬科技/科创50"
      ]
    },
    {
      "ticker": "688981.SH",
      "name": "中芯国际",
      "market": "A-share",
      "href": "/investor/stocks/688981.SH/",
      "thesisCount": 3,
      "eventCount": 5,
      "lanes": [
        "A股半导体/两融负 Gamma",
        "A股红利/硬科技杠铃",
        "A股硬科技/科创50"
      ]
    },
    {
      "ticker": "600298.SH",
      "name": "安琪酵母",
      "market": "A-share",
      "href": "/investor/stocks/600298.SH/",
      "thesisCount": 3,
      "eventCount": 5,
      "lanes": [
        "食品加工/成本传导",
        "食品农业/猪周期"
      ]
    },
    {
      "ticker": "IEF",
      "name": "iShares 7-10 Year Treasury Bond ETF",
      "market": "US ETF",
      "href": "/investor/stocks/IEF/",
      "thesisCount": 4,
      "eventCount": 4,
      "lanes": [
        "美债利率/美元再定价",
        "债券供给/银行久期"
      ]
    },
    {
      "ticker": "GEV",
      "name": "GE Vernova",
      "market": "US",
      "href": "/investor/stocks/GEV/",
      "thesisCount": 3,
      "eventCount": 4,
      "lanes": [
        "AI 电力/电网设备",
        "关键材料/稀土铜铝",
        "公用事业/电网信用"
      ]
    },
    {
      "ticker": "CEG",
      "name": "Constellation Energy",
      "market": "US",
      "href": "/investor/stocks/CEG/",
      "thesisCount": 3,
      "eventCount": 4,
      "lanes": [
        "AI 电力/电网设备",
        "公用事业/电网信用"
      ]
    },
    {
      "ticker": "9988.HK",
      "name": "阿里巴巴",
      "market": "HK",
      "href": "/investor/stocks/9988.HK/",
      "thesisCount": 3,
      "eventCount": 4,
      "lanes": [
        "人民币/美元流动性敏感资产",
        "低价模型/AI 软件利润池",
        "中国权益流动性"
      ]
    },
    {
      "ticker": "0700.HK",
      "name": "腾讯控股",
      "market": "HK",
      "href": "/investor/stocks/0700.HK/",
      "thesisCount": 3,
      "eventCount": 4,
      "lanes": [
        "人民币/美元流动性敏感资产",
        "低价模型/AI 软件利润池",
        "中国权益流动性"
      ]
    },
    {
      "ticker": "510300.SH",
      "name": "沪深300 ETF",
      "market": "A-share ETF",
      "href": "/investor/stocks/510300.SH/",
      "thesisCount": 3,
      "eventCount": 4,
      "lanes": [
        "A股风险偏好/两融",
        "中国权益流动性"
      ]
    },
    {
      "ticker": "0981.HK",
      "name": "中芯国际",
      "market": "HK",
      "href": "/investor/stocks/0981.HK/",
      "thesisCount": 2,
      "eventCount": 4,
      "lanes": [
        "A股半导体/两融负 Gamma",
        "A股硬科技/科创50"
      ]
    },
    {
      "ticker": "688041.SH",
      "name": "海光信息",
      "market": "A-share",
      "href": "/investor/stocks/688041.SH/",
      "thesisCount": 2,
      "eventCount": 4,
      "lanes": [
        "A股半导体/两融负 Gamma",
        "A股硬科技/科创50"
      ]
    },
    {
      "ticker": "688008.SH",
      "name": "澜起科技",
      "market": "A-share",
      "href": "/investor/stocks/688008.SH/",
      "thesisCount": 2,
      "eventCount": 4,
      "lanes": [
        "A股半导体/两融负 Gamma",
        "A股硬科技/科创50"
      ]
    },
    {
      "ticker": "RKLB",
      "name": "Rocket Lab",
      "market": "US",
      "href": "/investor/stocks/RKLB/",
      "thesisCount": 2,
      "eventCount": 4,
      "lanes": [
        "商业航天/卫星直连",
        "国防航空航天供应链"
      ]
    },
    {
      "ticker": "ASTS",
      "name": "AST SpaceMobile",
      "market": "US",
      "href": "/investor/stocks/ASTS/",
      "thesisCount": 2,
      "eventCount": 4,
      "lanes": [
        "商业航天/卫星直连",
        "国防航空航天供应链"
      ]
    },
    {
      "ticker": "IRDM",
      "name": "Iridium",
      "market": "US",
      "href": "/investor/stocks/IRDM/",
      "thesisCount": 2,
      "eventCount": 4,
      "lanes": [
        "商业航天/卫星直连",
        "国防航空航天供应链"
      ]
    }
  ],
  "personas": [],
  "episodes": [],
  "milestones": [],
  "topicCounts": [
    {
      "id": "macro-rates",
      "labelZh": "宏观、通胀与利率",
      "labelEn": "Macro, inflation and rates",
      "color": "red",
      "keywords": [
        "宏观",
        "通胀",
        "inflation",
        "利率",
        "yield",
        "美联储",
        "fed",
        "cpi",
        "pce",
        "美元"
      ],
      "count": 137
    },
    {
      "id": "china-assets",
      "labelZh": "中国资产与市场结构",
      "labelEn": "China assets and market structure",
      "color": "orange",
      "keywords": [
        "a股",
        "港股",
        "科创50",
        "star50",
        "中国资产",
        "msci",
        "两融",
        "人民币"
      ],
      "count": 8
    },
    {
      "id": "semis-memory",
      "labelZh": "半导体、存储与光互联",
      "labelEn": "Semis, memory and optical",
      "color": "yellow",
      "keywords": [
        "半导体",
        "hbm",
        "存储",
        "memory",
        "cpo",
        "光模块",
        "先进封装",
        "micron",
        "mu"
      ],
      "count": 7
    },
    {
      "id": "power-grid",
      "labelZh": "电力与电网",
      "labelEn": "Power and grid",
      "color": "green",
      "keywords": [
        "电力",
        "电网",
        "power",
        "grid",
        "变压器",
        "并网",
        "ppa",
        "核电",
        "电气设备"
      ],
      "count": 4
    },
    {
      "id": "ai-infrastructure",
      "labelZh": "AI 基础设施",
      "labelEn": "AI infrastructure",
      "color": "blue",
      "keywords": [
        "ai 基础设施",
        "ai infrastructure",
        "算力",
        "gpu",
        "数据中心",
        "data center",
        "nvda",
        "nvidia"
      ],
      "count": 2
    }
  ],
  "analystCounts": [
    {
      "label": "未识别",
      "count": 158
    }
  ],
  "categoryCounts": [
    {
      "label": "其他",
      "count": 158
    }
  ],
  "provenance": {
    "contemporaneous": true,
    "note": "This day view is assembled from public, date-stamped AI Institute research contracts."
  }
}