板块市场回顾 本周（7/19-7/25）交运指数上涨 3.2%，沪深 300 指数上涨 1.7%，跑赢大盘 1.5%，排名 11/29。交运子板块中机场板 块涨幅最大(+5.6%)，公路板块跌幅最大(-0.1%)。 行业观点 交运：2025Q2 板块持仓市值及占比环比提升。基金以灵活配置型、偏股混合型、偏债混合型、平衡混合型、普通股票 型为样本，持仓选取重仓股为样本。交运板块基金持仓环比增长。2025Q2 交运基金重仓持股为 325 亿元，环比上升 17.0%；持仓占比为 1.95%，环比上升 0.31pct，行业排名第 16/31。其中，各板块重仓持股市值前三的为：快递 136 亿元、航空运输 118 亿元、航运 21 亿元。其中，快递环比上升 102%，主要系顺丰控股的持仓市值增长较快。 快递：6 月全国快递业务量同比增长 15.8%，顺丰控股增速领跑。上周（7 月 14 日-7 月 20 日）邮政快递累计揽收量 约 36.73 亿件，环比-0.68%，同比+13.8%；累计投递量约 36.8 亿件，环比-1.42%，同比+17.2%。2025 年 6 月，快递 业务量 168.7 亿件，同比增长 15. ...

沪指7月25日下跌0.33%，申万所属行业中，今日上涨的有9个，涨幅居前的行业为电子、计算机，涨幅 分别为1.37%、1.26%。房地产行业位居今日涨幅榜第三。跌幅居前的行业为建筑装饰、建筑材料，跌 幅分别为2.06%、1.69%。 600159 大龙地产 -0.35 1.57 600.30 资金面上看，两市主力资金全天净流出493.76亿元，今日有4个行业主力资金净流入，计算机行业主力 资金净流入规模居首，该行业今日上涨1.26%，全天净流入资金29.24亿元，其次是电子行业，日涨幅为 1.37%，净流入资金为23.48亿元。 主力资金净流出的行业有27个，有色金属行业主力资金净流出规模居首，全天净流出资金69.11亿元， 其次是电力设备行业，净流出资金为57.73亿元，净流出资金较多的还有机械设备、建筑装饰、基础化 工等行业。 房地产行业今日上涨0.63%，全天主力资金净流入4.06亿元，该行业所属的个股共102只，今日上涨的有 38只，涨停的有2只；下跌的有55只。以资金流向数据进行统计，该行业资金净流入的个股有45只，其 中，净流入资金超5000万元的有5只，净流入资金居首的是张江高科，今日净流入资金 ...

市场调整！抄底就选宽基指数>> 海南机场（600515）涨幅扩大至6.28%，地产ETF(159707)持有该股票9.28%，当前涨幅为2.35%，最新 价创60日新高，成交额8029.62万元，较昨日此时放量75.30%，近1月份额增加28.04%，增加2.26亿份。 ...

Market Overview - A-shares experienced a significant rise, with the Shanghai Composite Index closing at 3605.73 points, up 0.65% [1] - The Shenzhen Component Index and the ChiNext Index both increased by over 1%, reaching new highs for the year [1] - The total trading volume in the Shanghai, Shenzhen, and Beijing markets was 18,742 billion yuan, a decrease of 245 billion yuan from the previous day [1] Hainan Free Trade Zone - The Hainan Free Trade Zone concept saw a strong surge, with the overall sector rising by 9.59% and 29 constituent stocks all increasing, including 21 hitting the daily limit [2] - Key stocks such as Kangzhi Pharmaceutical and Hainan Airport reached their daily limit [2] - The National Development and Reform Commission announced that the full island customs closure for Hainan is set to officially start on December 18, 2025, marking a significant milestone for the free trade port [2][3] Energy Metals and Rare Earths - The energy metals and rare earth sectors led the market, with lithium and rare earth concepts showing significant activity [4] - Lithium stocks like Shengxin Lithium Energy and Tibet Mining saw substantial gains, with lithium futures prices reaching a new high of 77,000 yuan/ton, up over 30% since late June [4][5] - The rare earth sector also performed well, with companies like Longmag Technology and Baotou Steel hitting their daily limit, driven by improving domestic demand and limited supply growth [5] Film and Entertainment Sector - The film and entertainment sector experienced a notable increase, with the overall index rising by 3.06% [6] - Key stocks such as Happiness Blue Ocean and China Film saw significant gains, supported by local government initiatives to distribute movie vouchers [6] - The summer box office for 2025 has already surpassed 4.4 billion yuan, indicating a positive trend for the industry [6][7]

板块方面，当天A股板块涨多跌少。其中，根据金融数据服务商同花顺的统计，海南板块、海南自贸区 板块当天分别大涨9.59%和9.11%，领涨A股所有板块；此外，赛马概念、免税店等板块亦涨幅居前。个 股方面，康芝药业、神农种业、海航控股、海南机场、海南高速等多股股价收获涨停板；其中，康芝药 业、神农种业录得约20%的涨幅。 消息面上，中国官方近日宣布，海南自贸港定于今年12月18日正式启动全岛封关运作。现阶段的封关政 策措施可以概括为：实施更加优惠的货物"零关税"政策，实施更加宽松的贸易管理措施，实施更加便利 的通行措施，实施更加高效精准的监管模式。 中新社北京7月24日电 (记者陈康亮)中国A股24日(周四)缩量上涨，三大股指悉数飘红收官。其中，上证 指数当天基本呈低开高走之势，最终收盘成功突破3600点整数关口。 截至当天收盘，上证指数报3605点，涨幅为0.65%；深证成指报11193点，涨幅为1.21%；创业板指报 2345点，涨1.5%。沪深两市成交总额约18447亿元人民币，较上一个交易日缩量约199亿元人民币。 西南证券分析师叶凡表示，"全岛封关运作"是海南自贸港建设的标志性工程，也意味着海南将在中国 ...

Core Viewpoint - The article discusses the recent developments in the A-share market, highlighting the impact of government policies and market reactions, particularly focusing on the concept of "anti-involution" in various sectors. Group 1: Market Developments - The State Council announced that the Hainan Free Trade Port will officially start operations on December 18, 2025, with the range of zero-tariff imports expanding to approximately 6,600 tax items, an increase of nearly 53 percentage points compared to before the closure [1]. - The A-share market saw all three major indices reach new highs for the year, with the Shanghai Composite Index rising by 0.65%, the Shenzhen Component Index by 1.21%, and the ChiNext Index by 1.5% [3]. - The total trading volume in the Shanghai and Shenzhen markets was 18,741.84 billion, a decrease of 245.12 billion from the previous trading day, with over 4,300 stocks rising [3]. Group 2: Sector Performance - The Hainan Free Trade Zone and duty-free shop sectors experienced significant growth, with stocks like Hainan Development and China Duty Free Group hitting the daily limit [3]. - The energy metal sector, particularly lithium mining, saw a surge, with companies like Tianqi Lithium and Shengxin Lithium Energy reaching their daily limits [3]. - The healthcare sector is undergoing reforms in centralized procurement, with new rules optimizing price difference calculations and requiring the lowest bidders to justify their pricing [1]. Group 3: Investment Trends - The article notes that the market's pessimistic expectations for the economy in the second half of the year may gradually dissipate, leading to positive feedback in market confidence and expectations [2]. - The "anti-involution" theme is emphasized, with the government taking steps to regulate pricing behaviors and competition in various industries [1][2]. - The article highlights that the recent price movements in futures markets indicate strong bullish sentiment, particularly in commodities like coke and polysilicon, but also warns of potential risks of price corrections [8].

Core Viewpoint - The market experienced a significant upward trend on July 24, with all three major indices reaching new highs for the year, indicating strong investor sentiment and market recovery [1]. Market Performance - The Shanghai and Shenzhen markets recorded a total trading volume of 1.84 trillion yuan, a decrease of 19.9 billion yuan compared to the previous trading day, with over 4,300 stocks rising across the market [2]. Sector Highlights - The Hainan Free Trade Zone concept stocks saw a collective surge, with over 20 stocks, including Hainan Airport, hitting the daily limit [3]. - Rare earth permanent magnet stocks also experienced substantial gains, with Guangsheng Nonferrous Metals reaching the daily limit [3]. - The super hydropower sector rebounded, with multiple stocks, including China Power Construction, hitting the daily limit [3]. Lithium Market Dynamics - The lithium carbonate sector saw a significant increase, with the main futures contract reaching a limit up at 77,240 yuan per ton, marking an 8% rise [4]. - Lithium mining stocks surged, with Tibet Mining and Yongshan Lithium Industry hitting the daily limit, and Tianqi Lithium A shares also achieving a rare limit up, marking its first limit up this year [4]. - A notice from the Yichun Natural Resources Bureau required local lithium mining companies to prepare resource verification reports by September 30, which some industry insiders view as a move to combat excessive competition in the lithium sector [5]. Vaccine Sector Movement - The biopharmaceutical vaccine sector saw a midday rally, with Zhifei Biological hitting the daily limit and Watson Bio rising over 14%, alongside other stocks like Kangtai Biological and Sanofi Health also experiencing gains [5]. Securities Sector Performance - The securities sector, often referred to as the "bull market flag bearer," performed well, with stocks like Guosen Securities and Bank of China Securities leading the gains [6].

今天（7月24日）上午A股市场整体上行，海南板块全线爆发，成为上午市场最大亮点之一。 另外，雅江水电概念板块今天上午剧烈波动，开盘后不久一度下行，随后又企稳回升。板块龙头中国电建盘中再度触及涨停，半个交易日成交额已创近十 年"天量"。 海南板块大爆发 十多股涨停 7月24日上午，A股市场整体上行。截至中午收盘，上证指数上涨0.48%，报3599.44点；深证成指上涨0.65%，创业板指上涨0.72%。 主要行业板块和赛道方面，若按照申万一级行业划分，商贸零售、钢铁、房地产等板块涨幅居前，盘中涨幅均超过2%；有色金属、社会服务、建筑装饰 等板块涨势亦不错。通信、银行、农林牧渔等板块上午表现相对疲弱。 地区板块方面，海南板块今天上午暴涨，截至中午收盘，板块涨幅超过9%。个股方面，康芝药业20%涨停，海南机场、海航控股、海马汽车、海南高 速、海汽集团等十多股盘中亦涨停。 | 海航控股 | 1.63 | 10.14% | 0.15 | | --- | --- | --- | --- | | 600221.SH | | | | | 海南机场 | 4.14 | 10.11% | 0.38 | | 600515.SH | ...

【导读】证券板块异动拉升，海南自贸港概念股大涨 沪深两市半日成交额突破 1 万亿元，达 1.12 万亿元；个股涨多跌少，全市场共 3954 只个 股上涨， 60 只个股涨停， 1286 只个股下跌。 盘面上，海南自贸港概念股全面爆发，相关指数涨近 9% ；稀有金属、锂矿、西部振兴、钴 矿等概念股领涨 A 股，基本金融、林木、餐饮旅游、钢铁、房地产、贸易等板块火热。 银行板块持续回落，贵金属、电力、通信设备整体走低，此前因黄仁勋访华点燃行情的光模 块（ CPO ）概念股大幅下跌，光通信、光芯片、饲料等概念股不振。 | | | Wind热门概念指数 | | | --- | --- | --- | --- | | 海南自贸港 8.92% | 稀有金属 6.17% | 稀土 5.33% | 锂矿 5.26% | | 稀土永磁 4.98% | 小ぞ属 4.04% | 错矿 4.04% | 西藏振兴 3.99% | | 盐湖提锂 | 免税店 | 火电 | 高速铜连接 | | 3.68% | 3.51% | -0.34% | -0.71% | | 鸡产业 -0.71% | 宠物经济 -0.73% | 央企银行 -0.84% ...

证券时报·数据宝统计，截至上午收盘，今日沪指涨0.48%，A股成交量961.23亿股，成交金额11330.19 亿元，比上一个交易日减少2.25%。个股方面，3951只个股上涨，其中涨停59只，1284只个股下跌，其 中跌停2只。从申万行业来看，商贸零售、有色金属、房地产等涨幅最大，涨幅分别为2.31%、2.29%、 2.06%；银行、通信、公用事业等跌幅最大，跌幅分别为0.92%、0.82%、0.79%。（数据宝） （文章来源：证券时报网） 今日各行业表现（截至上午收盘） 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 | 申万行业 | 行业涨跌（%） | 成交额（亿元） | 比上日（%） | 领涨（跌）股 | 涨跌幅（%） | | --- | --- | --- | --- | --- | --- | | 商贸零售 | 2.31 | 191.00 | 38.95 | 中国中免 | 10.00 | | 有色金属 | 2.29 | 874.12 | 35.13 | 龙磁科技 | 14.35 | | 房地产 | 2.06 | 152.98 | -4.83 | 海南机场 | 10.11 | | 钢铁 ...