Core Points - The Shanghai Composite Index is at 3575.51 points, above the six-month moving average, with a slight increase of 0.06% [1] - A total trading volume of A-shares reached 732.456 billion yuan today [1] - 132 A-shares have surpassed the six-month moving average, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Notable stocks with high deviation rates include: - JieJia WeiChuang (300724) with a deviation rate of 16.22% and a daily increase of 20.00% [1] - *ST Guangdao (839680) with a deviation rate of 7.23% and a daily increase of 14.87% [1] - GuDeWei (688390) with a deviation rate of 4.86% and a daily increase of 5.36% [1] Trading Activity - The trading turnover rate for JieJia WeiChuang was 16.10%, while *ST Guangdao had a turnover rate of 25.42% [1] - Other stocks with notable trading activity include: - LiFang Holdings (833030) with a turnover rate of 11.02% [1] - BoSi Software (300525) with a turnover rate of 6.66% [1] Market Trends - The overall market shows a positive trend with many stocks breaking above the six-month moving average, indicating potential bullish sentiment [1] - Stocks with smaller deviation rates that have just crossed the six-month line include WeiWei Co., BoYa Bio, and TongWei Co. [1]

Core Viewpoint - The extreme trading behavior of *ST Guandao highlights the speculative nature of the stock market, particularly in the context of companies facing delisting risks, with significant price fluctuations driven by retail investors and speculative funds [1][2][4]. Group 1: Stock Performance - On July 31, *ST Guandao opened at a limit-down price of 6.60 yuan, but within a minute, a large volume of buy orders pushed the stock price up by 20%, eventually closing at a limit-up price of 12.24 yuan, marking a daily increase of 29.94% with a trading volume of 2.31 billion yuan and a turnover rate of 51.63% [1]. - Since June 25, *ST Guandao has experienced six instances of 30% limit-up within seven trading days, resulting in a cumulative increase of 356.72% [1]. Group 2: Trading Dynamics - The stock's price surge occurred after the company underwent its third suspension for verification, with previous suspensions failing to dampen speculative interest, instead reinforcing the expectation that scrutiny would lead to further price increases [1][2]. - Following regulatory actions against two individual investors for market manipulation, the stock continued to rise, with a 29.93% increase on July 16, indicating persistent speculative buying despite regulatory scrutiny [2]. - Data from the trading board revealed a rapid rotation of over 20 different trading seats, indicating a shift from institutional to retail investor participation in the stock's trading activity [2]. Group 3: Regulatory Context - *ST Guandao has issued seven warnings regarding delisting risks, with the China Securities Regulatory Commission indicating that the company had inflated revenue by 1.465 billion yuan from 2018 to mid-2024, which constitutes a serious violation of listing rules [3]. - Market experts suggest that the unique trading rules of the Beijing Stock Exchange, particularly the 30% price fluctuation limit, have been exploited for speculative trading, prompting calls for stricter regulations on stocks at risk of delisting [4].

Core Viewpoint - *ST Guandao (839680.BJ) has experienced extreme market fluctuations, with a significant price increase of 29.94% on July 31, despite having issued seven delisting risk warnings. The stock's price surged from a limit down of 6.60 yuan to a closing price of 12.24 yuan, reflecting a cumulative increase of 356.72% since June 25 [2][3]. Group 1: Stock Performance - On July 31, *ST Guandao opened at a limit down price of 6.60 yuan and saw a rapid increase of 20% within one minute due to large buy orders, eventually closing at a limit up price of 12.24 yuan with a trading volume of 2.31 billion yuan and a turnover rate of 51.63% [2]. - The stock has recorded six instances of 30% limit up within seven trading days, indicating a highly volatile trading environment [2][3]. - The stock's daily fluctuation reached 59.87%, showcasing extreme volatility in its trading activity [2]. Group 2: Trading Dynamics - Following the third suspension for verification, previous suspensions had not deterred speculative trading, instead reinforcing the expectation that scrutiny would lead to price increases [2][3]. - The trading activity from June 25 to July 16 revealed a shift from institutional to retail investor participation, with over 20 different trading seats appearing on the leaderboard during this period [3]. - On July 31, retail investors accounted for a significant portion of the trading, with the top five buying seats dominated by retail accounts, indicating a growing involvement of individual investors in the speculative trading of *ST Guandao [3][4]. Group 3: Regulatory Environment - The Beijing Stock Exchange has previously imposed maximum penalties on two individual investors for their roles in manipulating the stock price, highlighting regulatory scrutiny in response to extreme trading behaviors [3]. - The stock has been under scrutiny due to allegations of significant revenue inflation, with a reported cumulative inflated revenue of 1.465 billion yuan from 2018 to mid-2024, which could lead to mandatory delisting [4]. Group 4: Market Recommendations - Market experts suggest that the trading rules for stocks at risk of delisting should be tightened, proposing adjustments to the price limits for buy orders to mitigate excessive speculation [5]. - There is a consensus among industry insiders that ordinary investors should avoid participating in such speculative trading activities to prevent being left holding the bag before potential delisting [6].

The provided content does not contain any relevant information about quantitative models or factors, their construction, evaluation, or backtesting results. The documents primarily include unrelated data such as stock market performance, financial data of companies, and disclaimers. No quantitative models or factors are discussed or analyzed in the provided text.

近半年该股累计上榜龙虎榜15次，上榜次日股价平均涨2.62%，上榜后5日平均涨0.90%。（数据宝） *ST广道7月31日交易公开信息 | 买/卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | --- | --- | --- | --- | | 买一 | 财通证券股份有限公司杭州秋涛路证券营业部 | 328.85 | 17.96 | | 买二 | 东方财富证券股份有限公司拉萨团结路第二证券营业部 | 272.21 | 128.19 | | 买三 | 东方财富证券股份有限公司拉萨团结路第一证券营业部 | 236.43 | 133.48 | | 买四 | 东方财富证券股份有限公司拉萨东环路第一证券营业部 | 231.20 | 93.44 | | 买五 | 东方财富证券股份有限公司拉萨东环路第二证券营业部 | 198.62 | 107.97 | | 卖一 | 平安证券股份有限公司芜湖黄山中路证券营业部 | 40.81 | 206.79 | | 卖二 | 中国中金财富证券有限公司淄博柳泉路证券营业部 | 174.41 | 188.93 | | 卖三 | 国金证券股份有限公司深圳分公司 | 9 ...

Group 1 - The core point of the news is that *ST Guangdao (839680) experienced a significant stock price increase of 29.94% on July 31, 2025, leading to its appearance on the trading leaderboard [1][3] - The total trading volume for *ST Guangdao on that day was 24.21 million shares, with a total transaction value of 231 million yuan [1][3] - The top buying seat was from Caitong Securities Co., Ltd. with a purchase amount of approximately 3.29 million yuan, while the top selling seat was from Ping An Securities Co., Ltd. with a selling amount of approximately 2.07 million yuan [2][3] Group 2 - The trading data shows that multiple securities firms participated in the buying and selling of *ST Guangdao shares, with significant amounts traded by various branches of Dongfang Caifu Securities [2] - The buying and selling activities indicate a strong interest in *ST Guangdao, as evidenced by the high trading volume and price movement [1][2]

Market Overview - The A-share market experienced fluctuations on July 31, with the Shanghai Composite Index down 1.18%, the ChiNext Index down 1.66%, and the Shenzhen Component Index down 1.73% [1] - The total market turnover approached 2 trillion yuan, reaching 1.9618 trillion yuan, an increase of 90.9 billion yuan compared to the previous trading day [1] Sector Performance - The large technology, medical biology, and related sectors saw gains, while cyclical sectors such as steel, coal, and insurance faced adjustments [3][7] - The AI and computing power sectors showed strong performance, with significant activity in liquid cooling servers and AI-related concepts [7] Notable Stocks - *ST Guandao (839680) resumed trading and hit a "30CM" limit up, closing at 12.24 yuan per share with a trading volume exceeding 200 million yuan and a turnover rate of over 51% [4][6] - Xizang Tourism (600749) achieved a historical trading volume, closing at 28.2 yuan per share after a series of nine consecutive limit-ups [10][12] Company Announcements - *ST Guandao announced the risk of being subject to major illegal forced delisting due to an ongoing investigation by the China Securities Regulatory Commission [6] - Xizang Tourism reported a projected net profit of approximately 2 million yuan for the first half of 2025, indicating a turnaround from losses [13] Investment Insights - Analysts suggest focusing on the computing power industry chain, as the AI wave continues to drive performance improvements in related companies [8] - The A-share market is expected to see structural opportunities in August, supported by policy and fundamental factors, with a focus on high-certainty industries [14]

证券时报·数据宝统计，截至（7月31日）收盘，沪指报3573.21点，跌42.51点，跌幅为1.18%；深成指报 11009.77点，跌193.26点，跌幅为1.73%；创业板指报2328.31点，跌39.37点，跌幅为1.66%。个股方 面，今日102只A股换手率超过20%，其中，鼎佳精密、C悍高等5只个股换手率达五成以上，半数筹码 易主。（数据宝） 7月31日两市换手率居前个股一览 | 证券代码 | 证券简称 | 收盘价（元） | 换手率（%） | 涨跌幅（%） | | --- | --- | --- | --- | --- | | 920005 | 鼎佳精密 | 64.63 | 89.34 | 479.12 | | 001221 | C悍高 | 60.19 | 74.46 | -24.76 | | 301357 | 北方长龙 | 102.95 | 66.12 | 17.22 | | 832662 | 方盛股份 | 30.97 | 58.24 | 15.13 | | 839680 | *ST广道 | 12.24 | 51.63 | 29.94 | | 002570 | 贝因美 | 7.65 | 46.20 ...

证券之星消息，7月31日软件开发板块较上一交易日上涨0.66%，*ST广道领涨。当日上证指数报收于 3573.21，下跌1.18%。深证成指报收于11009.77，下跌1.73%。软件开发板块个股涨跌见下表： 从资金流向上来看，当日软件开发板块主力资金净流入9.0亿元，游资资金净流出16.47亿元，散户资金净 流入7.47亿元。软件开发板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 601360 | 三六零 | = 11.33 Z | 18.37% | -4.56 Z | -7.39% | -6.77亿 | -10.98% | | 600588 用友网络 | | 8.81亿 | 31.24% | -3.81 亿 | -13.52% | -5.00 Z | -17.72% | | 002261 拓维信息 | | 6.16 | 12.65% | -2.18 Z- | -4.48% | -3.98 ...

Market Performance - On July 31, major indices experienced a downward trend, with the Shanghai Composite Index falling by 1.18%, the Shenzhen Component Index down by 1.73%, and the ChiNext Index decreasing by 1.66% [1] - The market saw a total trading volume of nearly 2 trillion yuan, with over 4,200 stocks declining [1] Sector Performance - Sectors that faced significant declines included coal, steel, shipping, oil, chemical fiber, real estate, non-ferrous metals, securities, insurance, aquatic products, and lithium mining [1] - Conversely, the pharmaceutical sector showed strength, with stocks like Nanjing New Pharmaceutical and Anke Bio reaching their daily limit [1] - The assisted reproduction concept and related stocks, such as A-share Gongtong Pharmaceutical and Lide Man, also saw substantial gains, with several stocks hitting their daily limit [6][8] Regulatory and Company News - *ST Guandao announced its stock would resume trading on July 31, 2025, amid risks of being forced to delist due to significant legal violations [3] - The company was under investigation by the China Securities Regulatory Commission (CSRC) since December 4, 2024, and received a notice of administrative penalty on June 13, 2025 [3] Policy Developments - The Beijing Municipal Government issued measures to enhance reproductive health services, including optimizing maternal and child healthcare resources and improving prenatal and postnatal care [8] - As of June 2025, 253 million people participated in maternity insurance, with total fund expenditures reaching 438.3 billion yuan [8] Gold Market Insights - The U.S. Federal Reserve maintained the federal funds rate target range at 4.25% to 4.50% [9] - In the first half of 2025, China's gold jewelry consumption decreased by 26%, while investment demand for gold bars and coins increased by 23.69% [9]