证券时报·数据宝统计，截至10月24日收盘，沪深两市共455只个股连续5日或5日以上主力资金净流出。 从净流出持续时间来看，天马科技等连续28日主力资金净流出，排名第一；恩威医药连续20日主力资金 净流出，位列第二。从主力资金净流出总规模来看，比亚迪主力资金净流出金额最大，连续6天累计净 流出44.02亿元，包钢股份紧随其后，9天累计净流出31.46亿元。从主力资金净流出占成交金额的比例来 看，比亚迪占比排名居首，该股近6日下跌2.99%。（数据宝） 连续5日或以上主力资金净流出个股排名 | 证券代 | 证券简称 | 主力资金净流出 | 主力资金净流出金额 | 主力资金净流出比例 | 累计涨跌幅 | | --- | --- | --- | --- | --- | --- | | 码 | | 天数 | （亿元） | （%） | （%） | | 002594 | 比亚迪 | 6 | 44.02 | 18.18 | -2.99 | | 600010 | 包钢股份 | 9 | 31.46 | 6.34 | -5.73 | | 601899 | 紫金矿业 | 7 | 20.87 | 3.67 | -3.07 | | 6 ...

证券之星消息，10月24日贵金属板块较上一交易日下跌1.08%，湖南白银领跌。当日上证指数报收于 3950.31，上涨0.71%。深证成指报收于13289.18，上涨2.02%。贵金属板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | --- | --- | --- | --- | --- | --- | --- | | 002237 | 恒邦股份 | 13.07 | 0.46% | | 44.72万 | 5.84Z | | 6009888 | 赤峰黄金 | 28.88 | 0.35% | | 40.99万 | 11.71亿 | | 001337 | 四川黄金 | 27.00 | -0.33% | | 10.58万 | 2.86亿 | | 002155 | 湖南黄金 | 20.13 | -0.74% | | 45.47万 | 9.17亿 | | 300139 | 院在个技 | 24.79 | -0.92% | | 35.34万 | 8.70亿 | | 600547 | 山东黄金 | 36.50 | -1.11% | | 31.28万 | 11.44 ...

分红方面，中金黄金A股上市后累计派现88.75亿元。近三年，累计派现51.91亿元。 机构持仓方面，截止2025年6月30日，中金黄金十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股1.55亿股，相比上期增加2811.41万股。华泰柏瑞沪深300ETF（510300）位居第五大流通 股东，持股5196.71万股，相比上期增加434.50万股。易方达沪深300ETF（510310）位居第八大流通股 东，持股3693.66万股，相比上期增加364.03万股。华夏沪深300ETF（510330）退出十大流通股东之 列。 中金黄金今年以来股价涨90.26%，近5个交易日跌11.26%，近20日涨22.71%，近60日涨45.82%。 资料显示，中金黄金股份有限公司位于北京市东城区安定门外大街9号，成立日期2007年9月24日，上市 日期2003年8月14日，公司主营业务涉及黄金等有色金属地质勘查、采选、冶炼。主营业务收入构成 为：冶炼94.45%，矿山27.85%，其他0.03%。 中金黄金所属申万行业为：有色金属-贵金属-黄金。所属概念板块包括：黄金股、稀缺资源、有色铜、 债转股、央企改革等。 截至6 ...

证券之星消息，10月23日贵金属板块较上一交易日下跌0.55%，招金黄金领跌。当日上证指数报收于 3922.41，上涨0.22%。深证成指报收于13025.45，上涨0.22%。贵金属板块个股涨跌见下表： 从资金流向上来看，当日贵金属板块主力资金净流出8.82亿元，游资资金净流入1.95亿元，散户资金净流 入6.87亿元。贵金属板块个股资金流向见下表： | 代码 | 名称 | 主力净流出(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 | | --- | --- | --- | --- | --- | --- | --- | --- | | 000506 | 招金黄金 | -1.66 Z | -18.46% | 6273.41万 | 7.00% | 1.03 Z | 11.46% | | 600489 | 中全黄金 | -1.45 Z | -6.86% | -871.97万 | -0.41% | 1.54亿 | 7.27% | | 600547 | XD山东黄 | -1.31亿 | -7.97% | 2245.00万 | 1.37% | 1.09 亿 | 6 ...

晨会纪要（2025/10/23） 编辑人 崔健 022-28451618 SAC NO：S1150511010016 cuijian@bhzq.com 渤海证券研究所晨会纪要（2025.10.23） 行业研究 短期宏观情绪转暖，关注后续会谈影响——金属行业周报 工程机械景气度持续回暖，关注需求改善——机械设备行业周报 证 券 研 究 报 告 晨 会 纪 要 请务必阅读正文之后的声明 渤海证券股份有限公司具备证券投资咨询业务资格 1 of 5 晨会纪要（2025/10/23） 行业研究 短期宏观情绪转暖，关注后续会谈影响——金属行业周报 张珂（证券分析师，SAC NO：S1150523120001） 投资要点： 1、行业情况及产品价格走势初判 （1）钢铁：目前钢铁需求有所回升，但回升力度不及往年，预计短期钢价震荡运行为主，关注后续国内外 宏观事件的影响和钢材库存去化情况。 （2）铜：此前美国关税政策导致市场较为悲观，上周铜价整体下行，后续随中美贸易磋商预期和美联储降 息预期的支撑，铜价下行压力或缓解，需关注下游实际需求情况和国际贸易关系变化的影响。 （3）铝：中美贸易磋商预期或缓解当前紧张的贸易关系，基本面表现 ...

齐鲁晚报·齐鲁壹点记者 尹睿 晓程科技 招金黄金 盛达资源 山金国际 中金黄金 山东黄金 分时图 日K线 周K线 月K线 24.87 -1.63 -6.15% 10.00% 6.68% 3.32% 0.00% 3.32% 6.68% 10.00% 23.85 24.73 25.62 26.50 27.38 28.27 29.15 09:30 10:30 11:30/13:00 14:00 15:00 15:30 0 150万 300万 450万 10月21日晚间，一路狂飙的黄金价格突现"高台跳水"，现货黄金在短短七小时内暴跌逾240美元，一度 跌破4100美元/盎司，最终收于4068.7美元，创下自2013年4月以来最大单日跌幅。 金价暴跌引发市场连锁反应 10月22日，A股黄金股开盘集体大跌，湖南白银、盛达资源跌停，晓程科技（300139）、招金黄金、西 部黄金（601069）跌超9%，中金黄金（600489）、山金国际（000975）跌超8%，赤峰黄金 （600988）、山东黄金（600547）跌超7%。贵金属板块成为当日A股跌幅最大的板块之一，三大指数 集体收跌，沪深京三市成交额较上一交易日缩量2024 ...

Core Viewpoint - The extreme market fluctuations in gold prices are primarily due to the overcrowding of long positions, leading to profit-taking by investors after a significant price increase since September. This indicates that short-term volatility in gold prices will become the norm [2][5]. Price Movements - On October 21, international gold prices experienced a rare plunge, with spot gold dropping by 6.3% to approximately $4080 per ounce, marking the largest single-day decline since April 2013. The closing price on that day was down 5.31%, the largest drop in nearly 12 years [3][4]. - COMEX gold futures also fell by 5.07% on October 21, closing at $4138.5 per ounce. Since the beginning of 2025, gold prices have surged from around $2650 per ounce, reaching a historical high of $4381 per ounce on October 20 [4]. Market Reactions - The decline in gold prices has adversely affected gold-related stocks, with companies like Shandong Gold and Zhongjin Gold opening down over 7% on October 22, and closing down more than 3% [4]. - Domestic gold jewelry brands reported a drop in the price of pure gold jewelry, with notable decreases in prices from brands like Chow Tai Fook and Lao Miao Gold [5]. Factors Behind the Decline - The recent sharp decline in gold prices is attributed to a series of short-term risk factors easing, including positive signals in US-China trade relations and a reduction in geopolitical tensions in regions like Ukraine and the Middle East [7]. - Technical analysis indicates that gold prices had risen too quickly, entering an overbought state, which necessitated a technical correction [8]. Future Outlook - The recent price correction is viewed as a normal phenomenon and is not expected to alter the long-term upward trend of gold prices. Despite recent easing in US-China trade tensions, the fundamental issues remain unresolved, suggesting that the upward trajectory for gold is likely to continue [10]. - Historical trends indicate that after a sustained period of price increases, gold may experience a correction of 20% to 40% within the following year [11]. - The World Gold Council suggests that significant liquidity crises are needed to disrupt both gold and stock markets, but currently, there are no signs of a breakdown in the credit and banking systems, indicating that gold is likely to remain resilient [12].

有色金属行业资金流入榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 003038 | 鑫铂股份 | 9.99 | 14.66 | 11899.76 | | 000657 | 中钨高新 | 3.54 | 5.75 | 6553.60 | | 601600 | 中国铝业 | 1.51 | 2.14 | 6225.59 | | 000807 | 云铝股份 | 0.82 | 1.88 | 4737.66 | | 301522 | 上大股份 | 6.63 | 3.27 | 3180.35 | | 002738 | 中矿资源 | 2.29 | 2.71 | 2977.21 | | 002240 | 盛新锂能 | 3.37 | 7.54 | 2566.20 | | 002171 | 楚江新材 | 0.47 | 19.67 | 2553.43 | | 300811 | 铂科新材 | -4.96 | 4.41 | 2133.48 | | 002532 | 天山铝业 | -0.24 | 1.16 | 1208.6 ...

截至10月22日收盘，黄金概念下跌1.98%，位居概念板块跌幅榜前列，板块内，湖南白银、宁波中百、 曼卡龙等跌幅居前，股价上涨的有13只，涨幅居前的有合百集团、福达合金、中信金属等，分别上涨 4.14%、3.44%、2.22%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 可燃冰 | 4.06 | 海南自贸区 | -2.61 | | 页岩气 | 2.29 | 石墨电极 | -2.34 | | 天津自贸区 | 2.03 | 黄金概念 | -1.98 | | 特色小镇 | 1.95 | 金属铅 | -1.77 | | 人造肉 | 1.81 | 自由贸易港 | -1.53 | | 赛马概念 | 1.40 | 柔性直流输电 | -1.41 | | 租售同权 | 1.26 | 钠离子电池 | -1.38 | | 俄乌冲突概念 | 1.13 | 稀土永磁 | -1.37 | | ST板块 | 1.03 | 氟化工概念 | -1.34 | | NMN概念 | 0.95 | 金属锌 | -1.32 | 资金面上看，今日黄 ...

Core Viewpoint - The international gold market experienced a significant drop after reaching new highs, with spot gold prices falling sharply, indicating a volatile market influenced by various geopolitical and economic factors [2][3][5]. Price Movement - On October 21, spot gold prices dropped by 6.3% to approximately $4080 per ounce, marking the largest single-day decline since April 2013. The closing price was down 5.31%, the largest drop in nearly 12 years [2]. - On October 22, spot gold further declined, hitting a low of $4002 per ounce before recovering to around $4139 per ounce [2]. - COMEX gold futures also fell by 5.07% to $4138.5 per ounce on October 21 [2]. Market Dynamics - The recent surge in gold prices since early 2025 saw prices rise from about $2650 per ounce to a peak of $4381 per ounce on October 20, 2025 [2]. - The decline in gold prices has negatively impacted gold-related stocks, with companies like Shandong Gold and Zhongjin Gold opening down over 7% on October 22 [2]. Factors Influencing Price Decline - The extreme market conditions were attributed to high levels of long positions in gold, leading to profit-taking by investors after a sustained price increase since September [3]. - Short-term risk factors have eased, including positive signals in U.S.-China trade relations and a de-escalation in geopolitical tensions, particularly regarding the Russia-Ukraine conflict and Middle Eastern issues [5][6]. Technical Analysis - The rapid increase in gold prices had pushed the market into an overbought state, necessitating a technical correction [6]. - The current trading structure is considered fragile, as the recent price surge was primarily driven by investors and speculators rather than central bank interventions [6]. Future Outlook - The recent price correction is viewed as a normal occurrence and is not expected to alter the long-term upward trend of gold prices, despite ongoing trade tensions between the U.S. and China [7]. - Historical trends suggest that after a prolonged increase in gold prices, adjustments of 20% to 40% may occur within the following year [8]. - The World Gold Council indicates that gold is likely to remain resilient, especially during stock market corrections, as long as there are no significant liquidity crises [9].