Core Viewpoint - The low-altitude economy and military aviation sectors are experiencing significant growth, with the Huabao General Aviation ETF (159231) reaching a record high since its listing, reflecting a 21.63% increase since April 29 [1][4]. Group 1: Market Performance - The Huabao General Aviation ETF closed up 3.29%, marking a new high since its inception [1]. - Key stocks in the sector saw substantial gains, with Aileda hitting a 20% limit up, and other companies like Lijun Co. and Aerospace Electronics also reaching near 10% increases [2][3]. Group 2: Industry Outlook - The global manufacturing sector is undergoing a transformation, with PwC predicting that by 2035, manufacturing will contribute over $34 trillion to global GDP [4]. - The Chinese low-altitude economy market is expected to reach a market size of 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035, driven by strong government investment and policy support [4][5]. Group 3: Strategic Developments - The establishment of a leadership group by the Civil Aviation Administration of China for general aviation and low-altitude economy indicates a commitment to policy development [4][5]. - The release of the "Low Altitude Economy Infrastructure Framework Guidelines (2025 Edition)" by the China Civil Airports Association outlines 21 core indicators for low-altitude infrastructure, marking a significant step in systematic planning [5]. Group 4: Investment Opportunities - The Huabao General Aviation ETF covers a wide range of sectors, including military and civilian aviation, with over 46% of its holdings in state-owned enterprises and more than 20% in major military groups [6]. - The ETF's newly launched connection funds provide an accessible investment tool for capturing opportunities in the burgeoning general aviation industry [7].

Core Viewpoint - The Terahertz concept sector has shown a significant increase of 3.40%, ranking sixth among concept sectors, with 19 stocks rising, including Aerospace Electronics which hit the daily limit, and other notable gainers such as Shaanxi Huada, Saiwei Electronics, and Tianhe Defense [1][2]. Market Performance - The Terahertz concept sector received a net inflow of 1.079 billion yuan, with 12 stocks experiencing net inflows, and 6 stocks seeing inflows exceeding 50 million yuan. Aerospace Electronics led with a net inflow of 491 million yuan, followed by Haige Communication, Saiwei Electronics, and Tianhai Defense with net inflows of 227 million yuan, 127 million yuan, and 98.08 million yuan respectively [2][3]. Stock Performance - Key stocks in the Terahertz concept sector include: - Aerospace Electronics: 9.99% increase, 38.42% net inflow ratio - Haige Communication: 4.62% increase, 10.55% net inflow ratio - Saiwei Electronics: 5.51% increase, 10.61% net inflow ratio - Tianhai Defense: 4.15% increase, 10.88% net inflow ratio - Tianyin Machinery: 2.85% increase, 11.81% net inflow ratio - Taihao Technology: 4.03% increase, 11.15% net inflow ratio [3][4].

8月4日，低空经济+军工航空双双爆发，一键覆盖"低空经济+大飞机+军民融合+商业航天"的通用航空 ETF华宝（159231）场内价格一路攀升，最终收涨3.29%，收盘价格创上市以来新高！4月29日上市以 来场内价格累计涨幅21.63%。从技术面来看，日K强势站上5日、10日均线，整体走势或仍处于上升通 道。 成份股方面，爱乐达20CM涨停封板、利君股份、航天电子10%涨停，振芯科技涨超10%、洪都航空涨 超7%，中科星图涨超6%，绿能慧充、中信海直等多股涨超5%。 | | 代码 | | 现价 | 涨跌幅 | | --- | --- | --- | --- | --- | | | 300696 | 爰乐达 | 30.12 | 20.00% | | 2 | 300101 | 振芯科技 | 23.71 | 10.23% | | 3 | 002651 | 利君股份 | 12.94 | 10.03% | | 4 | 600879 | 航天电子 | 10.79 | 9.99% | | 5 | 600316 | 洪都航空 | 44.85 | 7.07% | | 6 | 688568 | 中科星图 | 39.12 | 6.7 ...

特大单净流入资金排名 | 代码 | 简称 | 收盘价（元） | 涨跌幅（%） | 特大单净流入（亿元） | 行业 | | --- | --- | --- | --- | --- | --- | | 300199 | 翰宇药业 | 24.32 | 19.98 | 7.60 | 医药生物 | | 601606 | 长城军工 | 38.83 | 10.00 | 6.55 | 国防军工 | | 002265 | 建设工业 | 40.28 | 9.99 | 5.72 | 汽车 | | 002097 | 山河智能 | 15.61 | 10.01 | 5.17 | 机械设备 | | 600879 | 航天电子 | 10.79 | 9.99 | 5.11 | 国防军工 | | 300002 | 神州泰岳 | 13.72 | 8.63 | 4.46 | 传媒 | | 601328 | 交通银行 | 7.66 | 0.66 | 4.43 | 银行 | | 688041 | 海光信息 | 142.58 | 3.51 | 4.24 | 电子 | | 600203 | 福日电子 | 11.73 | 10.04 | 3.66 | 电子 ...

Market Overview - On August 4, the state-owned enterprise reform sector rose by 0.37% compared to the previous trading day, with Dongjie Intelligent leading the gains [1] - The Shanghai Composite Index closed at 3583.31, up 0.66%, while the Shenzhen Component Index closed at 11041.56, up 0.46% [1] Top Gainers in State-Owned Enterprise Reform Sector - Dongjie Intelligent (300486) closed at 66.91, with a gain of 19.99% and a trading volume of 487,500 shares, amounting to a transaction value of 803 million yuan [1] - Feile Audio (600651) closed at 6.12, up 10.07%, with a trading volume of 1,221,200 shares and a transaction value of 724 million yuan [1] - Great Wall Electric (600192) closed at 10.86, gaining 10.03%, with a trading volume of 437,300 shares and a transaction value of 465 million yuan [1] - Other notable gainers include Guojijinggong (002046), Changcheng Military Industry (601606), and Construction Industry (002265), all showing gains around 10% [1] Top Losers in the Market - Shili Monitoring (300528) saw a decline of 11.33%, closing at 18.93, with a trading volume of 723,800 shares and a transaction value of 1.411 billion yuan [2] - Zhonghua Equipment (600579) fell by 9.18%, closing at 9.10, with a trading volume of 572,500 shares and a transaction value of 527 million yuan [2] - Shanghai Film (601595) decreased by 7.87%, closing at 36.39, with a trading volume of 352,400 shares and a transaction value of 1.299 billion yuan [2] Capital Flow Analysis - On the same day, the state-owned enterprise reform sector experienced a net inflow of 400 million yuan from institutional investors, while retail investors saw a net inflow of 1.119 billion yuan [2] - However, speculative funds recorded a net outflow of 1.518 billion yuan [2] Individual Stock Capital Flow - Construction Industry (002265) had a net inflow of 716 million yuan from institutional investors, while it faced a net outflow of 342 million yuan from speculative funds [3] - Changcheng Military Industry (601606) saw a net inflow of 547 million yuan from institutional investors, with a net outflow of 292 million yuan from speculative funds [3] - Aerospace Electronics (600879) recorded a net inflow of 459 million yuan from institutional investors, but faced a net outflow of 233 million yuan from speculative funds [3]

| 603859 | 能科科 | 9.99 | 8.23 | 11271.92 | 13.69 | | --- | --- | --- | --- | --- | --- | | | 技 | | | | | | 002977 | 天箭科 | 10.01 | 16.09 | 9996.07 | 24.51 | | | 技 | | | | | | 002669 | 康达新 | 7.04 | 14.35 | 8239.62 | 14.00 | | | 材 | | | | | | 300342 | 天银机 | 2.85 | 8.19 | 7345.41 | 11.81 | | | 电 | | | | | | 603712 | 七一二 | 5.61 | 4.31 | 7327.77 | 10.14 | | 688788 | 科思科 | 20.00 | 6.49 | 6813.52 | 9.66 | | | 技 | | | | | | 002777 | 久远银 | 4.48 | 11.27 | 6373.59 | 6.95 | | | 海 | | | | | | 600590 | 泰豪科 | 4.03 | 6.45 | ...

国防军工行业资金流入榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 601606 | 长城军工 | 10.00 | 12.68 | 61825.23 | | 600879 | 航天电子 | 9.99 | 3.64 | 49104.21 | | 002651 | 利君股份 | 10.03 | 12.83 | 40075.04 | | 600967 | 内蒙一机 | 7.46 | 8.24 | 26904.42 | | 300696 | 爱乐达 | 20.00 | 21.25 | 24104.44 | | 002465 | 海格通信 | 4.62 | 6.35 | 22664.94 | | 301357 | 北方长龙 | 20.00 | 58.46 | 17943.05 | | 300474 | 景嘉微 | 2.65 | 5.04 | 17908.77 | | 002625 | 光启技术 | 3.28 | 1.82 | 17743.67 | | 600316 | 洪都航空 | 7.07 | 4.1 ...

证券之星消息，8月4日航天装备板块较上一交易日上涨4.24%，航天电子领涨。当日上证指数报收于 3583.31，上涨0.66%。深证成指报收于11041.56，上涨0.46%。航天装备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) | | --- | --- | --- | --- | --- | --- | | 600879 | 航天电子 | 10.79 | 9.99% | 119.99万 | 12.78 Z | | 300722 | 新余国科 | 39.82 | 7.33% | 21.81万 | 8.571Z | | 688523 | 航天坏宇 | 23.39 | 5.41% | 6.20万 | 1.43亿 | | 002829 | 星网宇达 | 22.30 | 4.01% | 19.54万 | 4.32亿 | | 003009 | 中天火箭 | 47.50 | 3.60% | 5.41万 | 2.55亿 | | 600118 | 中国内星 | 29.57 | 3.03% | 30.91万 | 9.13亿 | | 601698 | 中国 通 | 20. ...

Market Overview - A-shares experienced a low open and high close, with the Shanghai Composite Index rising by 0.66% to 3583.31 points, the Shenzhen Component Index up by 0.46% to 11041.56 points, and the ChiNext Index increasing by 0.5% to 2334.32 points, while the STAR 50 Index rose by 1.22% to 1049.41 points [1] - The total trading volume in the Shanghai and Shenzhen markets was nearly 1.5 trillion, a decrease of 998 billion compared to the previous trading day [1] - Over 3800 stocks in the market saw gains, indicating a generally positive sentiment despite mixed sector performance [1] Sector Performance Military Industry - The military sector saw significant gains, with stocks like Changcheng Military Industry and Aerospace Electronics hitting the daily limit [3] - Catalysts for this surge included the fifth anniversary of the Beidou-3 global satellite navigation system and increased global military spending due to geopolitical tensions [3] Banking Sector - Bank stocks collectively strengthened, with Agricultural Bank of China reaching a historical high [2] - Five listed banks reported positive net profit growth for the first half of 2025, with four banks achieving double-digit increases [2] Semiconductor Industry - Semiconductor stocks showed a strong upward trend, with Huahong Semiconductor reaching a historical high [4] - The global silicon wafer shipment volume is projected to grow by 9.6% year-on-year in Q2 2025, indicating robust demand in the sector [4] Robotics Sector - The robotics and reducer sectors remained active, with companies like Zhongma Transmission and Dongjie Intelligent seeing significant gains [5] - The upcoming World Robot Conference is expected to showcase over 100 new intelligent robot products, indicating a growing market [5] Analyst Insights - CITIC Securities highlighted that market trends dictate the behavior of leading funds, which tend to favor high-consensus stocks rather than low-position stocks [6] - Shenwan Hongyuan noted that the market is returning to a volatile phase, with potential upward movements expected before the September 3 military parade [7] - Dongfang Securities suggested that while there is a high probability of weekly adjustments, the downside is limited, and sectors like AI, military, and pharmaceuticals still present significant investment opportunities [8]

Group 1 - A-shares indices collectively opened lower but closed higher, driven by bank stocks and strong performance in the military industry sector [1] - The CSI A500 ETF leader saw a trading volume of 1.364 billion yuan with a turnover rate of 8.33% [1] - The CSI A500 ETF leader's latest scale reached 16.378 billion yuan, with a net value increase of 8.72% over the past six months [2] Group 2 - The CSI A500 index reflects the performance of 500 representative listed companies across various industries, balancing traditional and emerging sectors [2] - The People's Bank of China emphasized the continuation of a moderately loose monetary policy to ensure ample liquidity and reasonable credit growth [2] - A-share market is expected to experience structural upward trends under a dual easing environment, with a focus on sectors with clear policy guidance and high prosperity [3]