沪深股通今日合计成交1920.55亿，其中工业富联和宁德时代分居沪股通和深股通个股成交额首位。板块主力资金方 面，银行板块主力资金净流入居首。ETF成交方面，房地产ETF（512200）成交额环比增长255%。期指持仓方面， IM合约空头加仓数量较多，IF合约多头加仓数量较多。龙虎榜方面，航天发展走出5连板，获一家一线游资席位 （中国银河大连黄河路）买入1.26亿，遭三家一线游资（国泰海通证券上海新闸路、东亚前海证券上海分公司、国 泰海通证券成都北一环路）分别卖出1.88亿、1.09亿、0.93亿。多氟多遭深股通卖出2亿，遭中金公司上海分公司席 位卖出8447万，同时遭一家机构卖出6517万。 一、沪深股通前十大成交 今日沪股通总成交金额为884.40亿，深股通总成交金额为1036.15亿。 | | | 沖股通( 11月20日 . D | | | --- | --- | --- | --- | | 排名 | 股票代码 | 股票名称 | 成交金额(亿元) | | 1 | 601138 | 工业富联 | 14.59 | | 2 | 601600 | 中国铝V | 9.42 | | 3 | 603986 | 兆易创 ...

Core Insights - The article highlights the impressive performance of A-shares in 2023, with over 5,400 listed companies achieving a total market capitalization exceeding 100 trillion yuan, marking a 25% increase from the beginning of the year [2][3] - Guangdong province stands out as a significant contributor to this growth, with 84 stocks doubling in price, accounting for nearly one-fifth of all doubling stocks in the market [15][4] Group 1: Market Performance - As of October 2023, nearly 4,400 listed companies in A-shares have seen their stock prices rise, representing about 80% of the total [2] - The Shanghai Composite Index has increased by over 17% this year [2] - The total market capitalization of A-shares reached a historical high of 107 trillion yuan [2] Group 2: Guangdong's Contribution - Guangdong province has 886 listed companies, the highest in the country, representing one in every six A-share companies [8] - The total market capitalization of Guangdong's listed companies is approximately 19.2 trillion yuan, accounting for about 16.2% of the total A-share market [9][10] - Guangdong's listed companies have collectively increased in value by over 27% since the beginning of the year [4] Group 3: Growth and Innovation - Guangdong's listed companies exhibit strong growth potential, with nearly 40% of them having been established for over 15 years before going public, indicating a stable development approach [18] - The province has seen a surge in young companies, with 264 companies listed in the past five years, including notable firms in various high-growth sectors [18][22] - Shenzhen, a key city in Guangdong, is home to 424 listed companies, contributing significantly to the province's economic dynamism [22] Group 4: Emerging Enterprises - Guangdong has 64 unicorn companies, the second highest in China, with 13 new unicorns added in 2024 [24][29] - The province is also home to a substantial number of "gazelle" companies, which are expected to reach unicorn status in the near future [24] - The strong pipeline of emerging companies is supported by favorable policies and a robust entrepreneurial ecosystem [31][32] Group 5: Industrial Strength - Guangdong's manufacturing sector is robust, with 637 manufacturing companies listed, accounting for over 70% of the province's total [35] - The province leads in various emerging industries, particularly in electronics, computing, and communication sectors [39] - The "Shenzhen-Hong Kong-Guangzhou" innovation cluster has achieved global recognition, surpassing other major global clusters in terms of patent applications and research output [42][44]

Group 1 - Japanese stock market experienced a significant drop in the afternoon after an initial rally in the morning, influenced by external market conditions [1][3] - Japan's economic stimulus plan is expected to exceed 20 trillion yen, with an additional budget of approximately 17 trillion yen, leading to a sell-off in Japanese government bonds [1][5] - The yield on Japan's 10-year government bonds surged to over 1.78%, marking a significant increase and raising concerns about liquidity issues in global markets [1][5] Group 2 - A-shares showed a mixed performance, with major stocks like Sinopec and China National Petroleum rising over 4%, while the overall market remained divided with fewer than 1,000 stocks gaining [3] - Insurance funds in China have significantly increased their equity asset allocation to nearly historical highs, with stock and fund investment ratios rising to 15.5% [3] - Concerns about the potential for Japan's fiscal risks to impact global markets are growing, as investors worry about the government's commitment to budget balance and long-term fiscal goals [5]

牛市来了还没上车？上天天基金APP搜索777注册即可领500元券包，优选基金10元起投！限 量发放！先到先得！ 刚刚，跳水了！ 11月19日上午，A股市场走出"过山车"行情，午前震荡走低。截至午间收盘，上证指数跌 0.04%，深证成指跌0.32%，创业板指涨0.12%；上证50指数、沪深300指数飘红。 | 3938.29 | which | 13038.33 WY --- | | any and man and the maint of the maint of the maint of the maint of the maint of the maint of the maint of the mail of the mai 3072.79 | | --- | --- | --- | --- | --- | | 上证指数 -0.04% | | 深证成指 -0.32% | | 创业板指 +0.12% | | 1343.15 mm -- | | 3017.10 | 4577.77 ~~ | 1459.23 1 | | 科创50 -1.09% | | 上证50 +0.47% | 沪深300 +0.21% | ...

运营商与设备商 国内三大运营商虽然总资本开支计划(约2898亿元)同比下降9.13%，但其内部投资结构发生剧变。5G基 站等传统投入大幅收缩，而算力投资均实现两位数逆势增长。这清晰地反映了运营商从传统通信基建 向"联接+算力"融合服务商转型的战略，其产业数字化业务正成为拉动业绩增长的核心。同样上游供应 链主设备商向算力方向转型，调整业务结构，将成为推动业务持续成长的关键。 中泰证券主要观点如下： 整体回顾 Q3通信行业整体稳健增长的态势，AI算力相关板块结构性增长强劲。整体来看，通信行业(根据报告内 选择标的)营收同比4.31%，处于历史较高水平，AI算力相关板块成为关键增长引擎，海外科技巨头资本 开支力度加大，海外链需求强劲，规模效应实现利润率提升。从基金持仓层面来看，资金高度聚集AI 算力龙头，在A股前20大基金重仓股中，中际旭创、新易盛、工业富联、寒武纪等核心标的位居前列， 持仓金额达数百亿以上(中际旭创577亿，寒武纪274亿)。目前通信行业整体呈现出"海外AI引领需求高 景气，国内算力阶段性受制于芯片，通信传统厂商转型算力方向"的特征。 海外算力 海外算力链Q3业绩亮眼，光模块(根据报告内选择标的) ...

近5日机构合计调研240家公司，宇瞳光学、容百科技、工业富联等被多家机构扎堆调研。 | 证券代码 | 证券简称 | 机构调研次数 | 机构家数 | 最新收盘价（元） | 其间涨跌幅（%） | 行业 | | --- | --- | --- | --- | --- | --- | --- | | 300790 | 宇瞳光学 | 1 | 167 | 29.55 | 0.75 | 计算机 | | 688005 | 容百科技 | 1 | 134 | 33.80 | 14.38 | 电力设备 | | 601138 | 工业富联 | 1 | 122 | 64.72 | -4.87 | 电子 | | 688168 | 安博通 | 1 | 97 | 90.59 | -5.01 | 计算机 | | 688686 | 奥普特 | 1 | 75 | 116.19 | -2.02 | 机械设备 | | 605060 | 联德股份 | 1 | 74 | 35.45 | -10.68 | 机械设备 | | 301338 | 凯格精机 | 1 | 70 | 60.59 | -1.64 | 机械设备 | | 688322 | 奥比中光-UW ...

证券研究报告——晨会聚焦 2025 年 11 月 19 日 中银晨会聚焦-20251119 产品组 证券分析师：王军 (8621)20328310 jun.wang_sh@bocichina.com 证券投资咨询业务证书编号：S1300511070001 ■重点关注 【宏观经济】1-10 月财政数据点评*陈琦 朱启兵。10 月税收同比增速环比 微幅收窄，消费端相关税种维持正贡献。10 月公共财政支出力度放缓。今年 末、明年初增量政策值得期待。 市场指数 | 指数名称 | 收盘价 | 涨跌% | | --- | --- | --- | | 上证综指 | 3939.81 | (0.81) | | 深证成指 | 13080.49 | (0.92) | | 沪深 300 | 4568.19 | (0.65) | | 中小 100 | 7957.60 | (0.44) | | 创业板指 | 3069.22 | (1.16) | 行业表现（申万一级） | 指数名称 | 涨跌% | 指数名称 | 涨跌% | | --- | --- | --- | --- | | 传媒 | 1.60 | 煤炭 | (3.17) | | 计算 ...

展望"十五五"，深圳资本市场将聚焦服务新质生产力与深化改革创新，助力深圳加快建设具有全球重要 影响力的产业金融中心，并全力激活资本市场的枢纽功能。 多元融资赋能实体经济 □ 截至2025年9月底，深圳私募股权创投基金规模近1.37万亿元，投资中小企业1.38万个、高新技术企业 1.11万个、种子期和起步期企业近万个，持续为实体经济注入源头活水 ◎记者 唐燕飞 股权融资超4000亿元、债券融资（含ABS）超2.4万亿元、上市公司市值超11万亿元、头部机构加速集 聚……"十四五"期间（数据统计时间为2021年到2025年10月底），深圳资本市场在服务实体经济、支持 科技创新、培育市场经营主体等方面交出亮眼答卷。 一系列成绩的背后，是深圳上市公司群体鲜明的结构特色：一是高科技企业占比高，新增上市公司中约 80%为科创板、创业板企业；二是民营经济占主体地位，民营企业贡献了全市90%以上的就业；三是外 向型经济特征突出，深圳市出口规模连续32年居全国第一。目前，深圳拥有约20家千亿元市值企业。其 中，腾讯控股市值超5万亿元，工业富联、招商银行、中国平安市值超1万亿元，立讯精密、中兴通讯、 汇川技术等超千亿元市值企业凸显 ...

| | | 星矿板块主力资金监控:今日买入前五榜(2025年11月18日) | | | --- | --- | --- | --- | | 排名 | 板块名称 | 主力资金净流入(亿元) | 主力资金净流入率(%) | | 1 | 文化传媒 | 33.85 | 4.46 | | 2 | 计算机 | 25.07 | 1.49 | | 3 | 通信 | 9.18 | 1.18 | | 4 | 出版 | 3.49 | 5.47 | | 5 | 美容护理 | 0.17 | 0.28 | | | | 星矿板块主力资金监控:今日卖出前五榜(2025年11月18日) | | | 排名 | 板块名称 | 主力资金净流出(亿元) | 主力资金净流出率(%) | | 1 | 电新行业 | -260.30 | -9.88 | | 2 | 有色金属 | -134.63 | -9.59 | | ന | 基础化工 | -107.37 | -8.37 | | 4 | 灰药 | -89.46 | -8.45 | | 5 | 由力沿各 | -70 56 | -10 88 | 从主力板块资金监控数据来看，文化传媒板块主力资金净流入居首。 板块资 ...

Group 1 - The core viewpoint of the news is that Industrial Fulian's stock has shown significant growth this year, with a year-to-date increase of 217.55%, despite a slight decline in the last five and twenty trading days [1][2] - As of November 18, the stock price reached 66.24 yuan per share, with a market capitalization of 1,315.95 billion yuan and a trading volume of 3.724 billion yuan [1] - The company has seen a net inflow of main funds amounting to 85.35 million yuan, with significant buying and selling activity from large orders [1] Group 2 - Industrial Fulian's main business involves the design, research, manufacturing, and sales of various electronic devices, primarily focusing on 3C electronic products, which account for 99.85% of its revenue [1][2] - For the period from January to September 2025, the company reported a revenue of 603.93 billion yuan, reflecting a year-on-year growth of 38.40%, and a net profit attributable to shareholders of 22.49 billion yuan, up 48.52% year-on-year [2] - The company has distributed a total of 56.544 billion yuan in dividends since its A-share listing, with 35.152 billion yuan distributed in the last three years [3]