临近7月15日，半年报的截止日期即将到来。昨天晚上，CPU的业绩公布之后，整个行业迎来了大涨。 CPU不仅带动了算力板块，还把PCB板块也带起来了。目前PCB还没有公布业绩，但可以预见，业绩应 该不会差。这一点我们提前给大家预埋了一下。 大盘方面，正如我们之前所说，本周内一定会出现一些负反馈，这是正常的市场波动。今天的行情也印 证了这一点。当一个板块出现消息面的刺激时，比如今天的英伟达概念，相关板块就会一起上涨，而其 他板块则表现不佳。今天金融板块就不太好，该跌的跌。 今天的行情确实特别符合预期，尤其是CPU和PCB这两个板块的表现非常出色，几乎全线大涨。这让我 想起了那句话："左手CPU，右手PCB，天下无敌。"今天这两个板块的表现确实非常亮眼。 前几天高位抱团的板块，不管是电力板块的高位抱团，还是外卖反内卷的高位抱团，还是光伏的高位抱 团，我都提醒过大家，这种极端行情尽量不要参与，因为都是天地的极端行情，从涨停到跌停，从跌停 再到涨停，这种波动太大。今天这些高位抱团的板块全都挂掉了，没有一个幸存，这也在我们的预期之 内。 但不管怎么样，还是要恭喜手上还有PCB和CPU的同学，这一波基本上算是达到了一个高潮 ...

最后，我们来谈谈机会。其实寻找机会也相对简单，关键在于梳理出哪些板块还没有大涨过。比如光伏 设备，之前有过上涨，但近期出现了回调，这种情况下是可以考虑低吸的。再比如国产算力、人工智 能、CPU等板块，今天虽然出现了大涨，但我们在大涨的板块里要谨慎一些。像IDC电源、液冷概念 等，短线已经上涨了两三个交易日，这时候可以暂时休息，换换其他方向。在国产算力领域，尤其是人 工智能基础设施建设的硬件端，由于业绩有保障，值得关注。对于近期没有上涨过的个股，可以考虑低 吸。此外，固态电池板块也值得关注。这个板块已经连续震荡了半个多月，虽然板块整体在震荡，但其 中一些个股已经连续调整了接近一个月，这些个股可以考虑低吸。如果低吸后不涨，短期可以等待轮动 的机会。还有之前提到的半导体方向，如果近期调整到位，也可以考虑低吸。 总的来说，当前市场处于箱体震荡阶段，风险主要集中在短期涨幅过大、业绩不佳的个股上。而机会则 存在于那些调整到位、近期没有大涨过、具备补涨需求的个股中。 其实大盘的走势相对简单，可以总结为一个箱体震荡的格局。如果在3500点的位置画一条横线，上下各 延伸50个点，基本上就能框出当前市场的波动区间。这个箱体的上下 ...

【"潘婷三分钟奇迹是商标"登热搜，宝洁商标布局及业绩情况受关注】"潘婷三分钟奇迹是商标"词条登 上微博热搜。日前报道称，潘婷"三分钟奇迹"洗发水背面小字表明，这是注册商标，非功效宣称。企查 查显示，宝洁已申请"分钟奇迹"等多个商标，国际分类为日化用品，仅"潘婷3分钟奇迹"已注册，"分钟 奇迹"等申请被驳回。此外，宝洁还注册多枚"炫白"相关商标，国际分类涉及日化、厨房洁具等。佳洁 士3D - LUXE闪耀炫白牙膏是其口腔护理产品。宝洁成立超180年，从肥皂蜡烛公司成长为全球最大消 费品公司，拥有超60个独立品牌。2024财年净销售额840亿美元，增长约2%。2024财年报告期内，宝洁 营收185亿美元，归母净利润148.79亿美元，增长2%，净收益率降至17.8%，连降三年。市场方面，北 美净销售额占比提升至52%，欧洲增至22%，大中华区下滑2个百分点至7%。2024年7月财报电话会，宝 洁CFO称，北美增长5%，欧洲增长8%，大中华区有机销售额降9%，因市场疲软和SK - II不利。SK - II 属宝洁美丽板块，该板块净销售额增长1%，净利润下滑7%，是唯一净利润下滑业务。受SK - II等影 响，202 ...

Core Insights - The luxury residential market in China's major cities is experiencing significant growth, with sales of high-end properties increasing by 57% year-on-year for units priced over 30 million, 89% for those priced between 50 million and 100 million, and 141% for properties exceeding 100 million [1] - The transformation of luxury homes from mere status symbols to complex assets reflects broader economic trends and the evolving demands of affluent buyers [1][2] Market Trends - The demographic of luxury home buyers is shifting, with over 30% of new owners in major cities being tech entrepreneurs, who prioritize smart homes, low-carbon designs, and sustainable living [2] - The return of discerning overseas buyers has led to increased demands for certifications, such as concealed engineering reports, indicating a more financialized approach to luxury home purchases [2] Product Development - The competition in the luxury real estate market is increasingly focused on concealed engineering, which is essential for demonstrating the value of unseen investments to high-net-worth clients [2][3] - The importance of concealed engineering in luxury homes surpasses that of ordinary residences, impacting safety, durability, and overall living experience [3] Noise Control Innovations - High-end properties often face unique challenges related to water drainage and noise, necessitating advanced solutions like the Silent-db20 noise-reducing drainage system developed by Geberit [4][5] - The Silent-db20 system is designed to minimize noise from water flow and vibrations, addressing a critical aspect of luxury living [7][10] Future Developments - Geberit plans to launch the Silent-db20 speed pipe system in late 2025, which promises to enhance drainage efficiency while further reducing noise [8][10] - The ongoing evolution of luxury home standards reflects a broader societal demand for improved living quality, as highlighted by recent government discussions on housing quality [14]

Core Viewpoint - Bluefan Medical (002382.SZ) is expected to narrow its net loss in the first half of 2025 to between 1 billion and 1.5 billion yuan, with a reduction of 6.38% compared to the previous period, driven by the growth of new products and a significant increase in sales revenue from its cardiovascular division [1] Group 1: Financial Performance - The company anticipates a sales revenue exceeding 690 million yuan from its cardiovascular division in the first half of 2025, representing a year-on-year growth of over 20% [1] - The company reported a fair value loss of approximately 120 million yuan due to the valuation changes of its investment in Suzhou Tongxin Medical Technology Co., Ltd., which does not involve cash outflow [1] - Financial expenses of 25 million yuan were incurred in the second quarter of 2025 due to strategic investment matters related to its subsidiary, which also does not involve cash outflow [1] Group 2: Business Strategy and Innovation - Since entering the high-end medical device sector through the acquisition of Bosheng International in 2018, Bluefan Medical has shifted its focus from low-value consumables to high-value consumables, with over 2 billion yuan invested in R&D [2] - The company has been recognized in the field of innovative medical devices, particularly in the area of intravascular shockwave (IVL) technology, which is crucial for treating calcified vascular lesions [2] - Bluefan Medical has developed proprietary electrode technology that operates at lower voltages while achieving higher acoustic pressure, enhancing treatment efficacy compared to similar products [3] Group 3: Market Expansion - The company plans to leverage its existing overseas teams, channels, and stable customer relationships to expand its market presence, focusing on regions where local registration qualifications can be accepted [3] - Future plans include conducting larger-scale post-market clinical studies to lead the operational concepts and standardized treatment guidelines for IVL in the global market [3]

如今，大部分投资者都坚定地认为市场要下跌。那么，这种"觉得要跌"的想法从何而来呢？投机大拿表 示，如果是被套的投资者，根本不会对市场抱有绝对的悲观态度，因为短时间内也难以解套，跌一点涨 一点对你来说并无太大影响。而现在大部分投资者都感觉市场要跌，这种普遍的悲观情绪反而说明：要 么已经回本，要么已经小有盈利。从这个角度来看，当大部分人对市场产生质疑时，往往意味着市场已 经进入强势阶段。 7月15日，和讯投顾投机大拿在今日市场分析中指出，多数股民已明显感受到一种情况：越是觉得市场 要下跌，市场却越是不跌。甚至早在一个月前，许多股民就预感市场会下跌，但市场却始终没有下跌。 回顾一个月前，许多专家也曾预测市场将向下变盘，但最终也未能实现。那么，这种情况究竟说明市场 处于强势状态，还是正在酝酿一场大的下跌呢？其实，从投资者的心态中就可窥见端倪。 再从盘面结构来看，银行板块近期依然保持了以往的常规涨幅，甚至其上涨的连续性更强了。以工行或 建行等大型银行为例，其上涨的连续性明显增强。那么，当这些银行股在未上涨时市值是多少？如今涨 了一倍后市值又是多少？市值翻倍后仍能保持上涨，所需的推动资金显然比之前更多。从这一现象来 看， ...

7月15日，和讯投顾都业华称，走到当前位置，有人问变盘逻辑从何而来。先看当下场景与哪一天相 似，大家看走势，出现明显长上影线的冲高回落，上上周五也出现过类似情况，当时上影线较长，前一 天上影线似乎更长。上影线出现后，容易让人觉得走势有冲高回落风险，但上一回并未如此，震了一天 后出现有力度的阳线，还突破了上影线。不过严格来说，这根阳线涨幅0.7%，若要求不严格可视为变 盘，但严格讲变盘还差点意思。 如今又出现类似场景，需注意，不是长上影线出现就必然变盘，而是看到了一些变盘前提或小迹象。从 日线图审视，目前应将走势视为多头。一直强调，若觉得走势有背驰风险，应出现日线顶分型，而这一 路走来并未出现日线顶分型，若不着急，可等待日线顶分型出现，目前尚未出现。 在小级别上看到一些变盘征兆，以上证指数15分钟k线图为例，这轮走势中，上证指数走得颇为别扭， 每次想加速就遇阻力回落，刚要走好又掉下来，却又有韧性跌不下去。3490点是短线关键位置，它是两 周前周五上影线回落的位置，虽未严格确认，但踩着中枢，是短期不应跌破的点位，3490点不破，可视 为中线较强结构，目前走势确实未破。 市场在冲高回落前有加速向上迹象，但这个点位被 ...

7月14日，和讯投顾陈满堂称，跟踪一只股票，不能只看它是否涨停、大阳线涨了七八个点，关键要看 量价配合是否完美，以此判断股票能否继续持有、有无上攻动力。大家好，我是老陈，今天继续实战盘 感训练。看这只票，日线级别三连阴，成交量逐根降低，前期底部平台明显，6.4处有支撑，这种情况 下显然不需要卖出。现在讨论个问题，股价持续下跌但成交量越来越低，这说明什么？说明主力控盘力 度强，这种中阴线下杀却量能极低，表明主力用少量资金就能将股价打压较深，意味着散户大多已割肉 离场，未割的也基本被"套牢"，大部分筹码集中在主力手中，此时主力在进行最后一次洗盘，意图砸掉 剩余筹码，所以这种票不能卖。下方有明显支撑位，将股票图形缩小，可看到低点和高点位置，当年一 波大跌在6.5附近形成明显支撑，多次未破此线，因此这条线就是标准支撑位，后期小支撑均在此处， 只要股价维持在6.5上下，就不能卖，可继续持有等待上涨。那这个位置有小放量，能不能买？当然 能。再判断这只票的压力位，近期压制位在前期高位平台，考虑小实体的话，大概是7.2这个位置，画 条线可知，该票小压力位是7.2。若手中持有此票，因它处于箱体偏振状态，主力边洗盘边收集筹码， ...

相关上市公司：创意信息(300366.SZ) 同壁财经小贴士： 同壁财经讯，企查查数据显示，根据《2025年度企业网维护及主业单位计算机更新项目》，创意信息技术股份有限公司于2025年7月15日公告中标南京水务集团有限公司采购项目，中标金额为 2025年一季度公司营业收入为1.54亿元，营业收入增长率为61.60%，归属母公司净利润为-0.59亿元，归属母公司净利润增长率为3.42%。 目前公司属于信息技术行业，主要产品类型为操作系统软件、互联网服务、软件外包服务、系统集成服务、移动通讯设备与配件、专业咨询服务，2024年报主营构成为技术开发及服务:54.51% 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并 创意信息（300366.SZ）2024年营业收入为14.06亿元，营业收入增长率为-16.08%，归属母公司净利润为-0.79亿元，归属母公司净利润增长率为83.38%，净资产收益率为-4.36%。 ...

Core Viewpoint - The company, Shui Jing Fang, is experiencing a significant decline in both revenue and net profit for the first half of 2025, reflecting broader challenges in the high-end liquor market [1][2]. Revenue and Profit Summary - The company expects to achieve a revenue of 1.498 billion yuan for the first half of 2025, a decrease of 221 million yuan, representing a year-on-year decline of 12.84% [2]. - The anticipated net profit attributable to shareholders is 105 million yuan, down by 137 million yuan compared to the same period last year, marking a decline of 56.52% [2]. Sales Volume and Pricing Trends - Despite the revenue decline, the company has seen a notable increase in sales volume, with an expected rise of 543,000 liters, or 14.54% year-on-year [3]. - The trend of "increased volume but decreased price" is evident, with Q1 2025 showing a sales volume increase of 19% but a price drop of 14%, and Q2 2025 reflecting a 9% increase in sales volume alongside a 37% decrease in price [4]. Inventory and Market Challenges - The company is facing difficulties in inventory reduction, as price cuts to boost sales have led to instability among distributors [5]. - The overall liquor industry is in an adjustment phase, with high channel inventory and weak terminal sales, prompting some distributors to resort to low-price dumping and cross-regional sales [7]. Consumer Behavior and Market Dynamics - The company acknowledges that overall consumption during the Spring Festival was below expectations, leading to higher-than-expected channel inventory, which has affected subsequent shipment volumes [7]. - The second quarter of 2025 is expected to see a loss of 85 million yuan, as traditional consumption scenarios like business banquets continue to be under pressure, slowing market recovery [8]. High-End Product Performance - The high-end liquor segment, which has been a core focus for the company, is showing signs of weakening growth momentum, with a significant drop in revenue and net profit in the fourth quarter of 2024 [11]. - The company’s high-end products accounted for 91.32% of total revenue in 2024, but the competitive landscape has intensified, leading to a shift in consumer preferences towards more attractive pricing strategies from competitors [13].