黄金股全线走高 潼关黄金(00340)涨3.26% 机构指黄金中期上行逻辑稳固

金吾财讯
Jun 01

金吾财讯 | 港股黄金股全线走高,截至发稿,潼关黄金(00340)涨3.26%,中国白银集团(00815)涨3.13%,集海黄金(02489)涨2.25%,招金矿业(01818)涨2.13%,山东黄金(01787)涨2.01%,灵宝黄金(03330)涨1.97%,紫金黄金国际(02259)涨1.77%,珠峰黄金(01815)涨1.22%,赤峰黄金(06693)涨1.17%。消息面上,华源证券研究指,黄金珠宝板块整体2025年收入端下滑2%,归母净利润同比增长23%,各公司表现相对分化。业绩表现相对较优的为高端古法黄金品牌老铺黄金。展望后续,黄金饰品行业产品力为核心竞争力,持续看好头部品牌产品创新能力。黄金饰品的消费属性易受到黄金价格的波动影响,根据市场研究机构数据,黄金珠宝市场正呈现出明显分化:以投资、保值为核心诉求的产品需求保持韧性,而以设计、品牌与情感表达为导向的消费型产品,则更加依赖年轻客群与场景创新。同时,品牌集中度提升、渠道结构调整以及数字化零售渗透,也正在重塑行业竞争格局。展望未来,拥有优质产品创新能力、能够引领消费者消费新趋势的黄金珠宝品牌有望持续获得市场份额。此外,中泰证券新近研究表示,黄金中期上行逻辑稳固,美元信用体系边际弱化与实际利率下行预期构成核心支撑。

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