（责任编辑：康博） 中国经济网北京10月9日讯 西部超导(SH:688122)今日股价涨停，截至收盘报78.11元，涨幅 20.00%，总市值507.45亿元。 ...

我国可控核聚变领域再迎重大进展。近日，位于安徽合肥未来大科学城的紧凑型聚变能实验装置（BEST）项目 建设取得关键突破。BEST装置主机关键部件——杜瓦底座研制成功并顺利完成交付，精准安装在BEST装置主机 大厅内，标志着项目主体工程建设进入新阶段。 受消息刺激，10月9日，合锻智能（603011.SH）、永鼎股份（600105.SH）竞价一字涨停，开盘后，浙富控股 （002266.SZ）、融发核电（002366.SZ）等多只个股也快速封住涨停，可控核聚变概念集体走强。 西部超导已开发出核聚变用NbTi超导线材工程化生产技术，发明了单重达450公斤的大型复合包套一次组装技 术、高临界电流密度线材塑形加工和时效热处理技术，生产出最大长度达到9万米的多芯NbTi超导线材，各项性 能指标满足ITER项目的技术要求。 据了解，BEST是我国正在建设的燃烧等离子体物理实验装置，该装置采用紧凑高场超导托卡马克技术路线，运 用高性能超导磁体等新技术，为未来核聚变发电"探路"。该项目总装工作已于今年5月启动，预计两年后建成， 并在全球范围内首次进行聚变能发电演示。 目前，可控核聚变被视为能源领域的"终极解决方案"，其一旦实现 ...

稀有金属概念股午后持续走强，西部超导涨20%，北方稀土、洛阳钼业、中矿资源涨超9%。 受盘面影响，跟踪中证稀有金属主题指数的ETF涨超6%。 | 代码 | 名称 | 现价 | | 涨跌 涨跌幅 | | --- | --- | --- | --- | --- | | 159608 | 稀有金属ETF | 0.992 | 0.063 | 6.78% | | 159671 | 稀有金属ETF基金 | 1.204 | 0.077 | 6.83% | | 562800 | 稀有金属ETF | 0.861 | 0.053 | 6.56% | | 561800 | 稀有金属ETF基金 | 0.918 | 0.055 | 6.37% | 中证稀有金属主题指数选取不超过50家业务涉及稀有金属采矿、冶炼和加工的上市公司证券作为指数样本，以反映稀有金 属主题上市公司证券的整体表现。 有券商表示，战略小金属储量有限、开采难度大且供给弹性不足，同时新能源、半导体、军工等下游需求快速增长，供需 矛盾加剧。在资源稀缺性持续凸显、需求结构升级及政策调控下，未来小金属价格有望延续上行趋势，具备资源储量优 势、技术壁垒及合规出口渠道的企业将持续 ...

Core Viewpoint - The stock prices of companies such as Hezhong Intelligent and Yongding Co., Ltd. have reached their daily limit, indicating strong market interest and potential investment opportunities in these firms [1] Group 1: Company Performance - Hezhong Intelligent and Yongding Co., Ltd. experienced a limit-up in their stock prices, suggesting significant investor confidence [1] - Other companies such as Hahuan Huaton, Tianli Composite, and Changfu Co., Ltd. saw their stock prices increase by over 10%, reflecting a positive trend in the market [1] - Additional companies including Shanghai Electric, Zhongzhou Special Materials, Zhejiang Fuhua Holdings, Western Superconducting Technologies, and Guoguang Electric also experienced stock price increases, indicating a broader market rally [1]

Core Viewpoint - The superconducting sector continues to strengthen, with several companies experiencing significant stock price increases, indicating growing investor interest and potential market opportunities [1] Company Summaries - Western Superconducting Technologies, Yongding Co., and Jinbei Electric all reached their daily price limit, reflecting strong market performance [1] - Other companies such as Jingda Co., Baili Electric, Lianchuang Optoelectronics, Dongfang Tantalum, Baoshen Co., and Zhongtian Technology also saw their stock prices rise, indicating a broader trend in the superconducting industry [1]

Core Viewpoint - The defense and military industry sector is experiencing a positive trend, with the "Bayi" defense military ETF (512810) showing an increase of over 1%, indicating a potential for a three-day consecutive rise in daily trading [1] Group 1: Market Performance - The controlled nuclear fusion concept stocks are actively trading, with Western Superconducting reaching a 20% limit up, Lianchuang Optoelectronics rising over 6%, and Yingliu Co. increasing by over 5% [3] - Major stocks such as China Shipbuilding, Guangqi Technology, and Aero Engine Corporation are also showing positive performance [3] - The market is anticipating a rapid improvement in the industry fundamentals in the fourth quarter, as several defense and military listed companies are expected to announce 2025 restricted stock incentive plans or disclose new major contracts [4] Group 2: Industry Developments - The construction of China's nuclear fusion device BEST has commenced, which will be the first to demonstrate nuclear fusion power generation internationally, with expectations for operational capability by 2030 [3] - A recent report from AVIC Securities highlights the clear rotation characteristics within the military industry sector, including themes such as nuclear fusion, low-altitude economy, commercial aerospace, deep-sea technology, large aircraft, and military trade [5] - The defense military ETF (512810) is positioned as an efficient tool for investing in core assets of the defense military sector, covering various popular themes including controlled nuclear fusion, commercial aerospace, low-altitude economy, large aircraft, deep-sea technology, and military AI [5]

Core Viewpoint - The market is expected to continue its upward trend in October, driven by improving economic conditions, liquidity, and high risk appetite, with a focus on the performance of the third-quarter reports [1][2]. Group 1: Market Performance - The three major indices showed positive performance, with the Shanghai Composite Index surpassing 3900 points, and the CSI A500 ETF (560510) rising by 1.54% [1]. - The CSI A500 Index (000510) increased by 1.72%, with significant gains in constituent stocks such as Western Superconducting (688122) up 18.79%, Maiwei Co. (300751) up 14.77%, and Hu Silicon Industry (688126) up 13.22% [1]. - As of September 30, leveraged funds have been actively investing in the CSI A500 ETF, with a net inflow of 253.67 thousand on a single day, bringing the latest financing balance to 529.78 thousand [1]. Group 2: Investment Outlook - CITIC Construction Investment Securities predicts that the market will continue to trend upward in October, supported by economic improvement, liquidity easing, and sustained high risk appetite [1]. - The market is expected to focus on three key areas: companies with strong or turning performance in their third-quarter reports, sectors benefiting from anti-involution policies, and high-growth industries exceeding expectations [1]. - According to招商证券, the market is in the second phase of a bull market, with a steady inflow of incremental funds, and the upcoming important meetings in late October are likely to maintain high market risk appetite [2]. Group 3: CSI A500 Index Characteristics - The CSI A500 Index closely tracks the performance of 500 representative securities from various industries, reflecting the overall performance of major listed companies [2]. - The index has a strong market representation and higher coverage of emerging sectors, making it a valuable tool for capturing core strengths in various industries during economic transformation [2].

Core Insights - The Chinese Ministry of Commerce announced export controls on rare earth-related technologies to safeguard national security and interests, effective October 9, 2025 [1] - The rare metal ETF index (930632) surged by 6.23% as of October 9, 2025, with significant gains in constituent stocks such as Western Superconducting (up 18.79%) and Ganfeng Lithium (up 9.15%) [1] - The rare metal ETF fund (561800) has seen a cumulative increase of 10.36% over the past two weeks, ranking first among comparable funds [1][3] Industry Performance - As of September 30, 2025, the rare metal ETF fund recorded a highest monthly return of 24.02% since its inception, with an average monthly return of 8.58% during rising months [3] - The rare earth prices, particularly for praseodymium and neodymium oxides, are expected to remain high, contributing to strong performance in the rare earth industry in the second half of the year [3] - The supply-demand dynamics in the rare earth sector are improving, with domestic supply growth lagging behind demand expansion due to regulatory measures on mining and separation [3] - Demand is driven by industries such as robotics, low-altitude economy, and military applications, while high refining costs abroad support price expectations [3] Key Stocks - The top ten weighted stocks in the rare metal index include Northern Rare Earth, Luoyang Molybdenum, and Ganfeng Lithium, collectively accounting for 59.91% of the index [4][5] - Notable stock performances include Salt Lake Co. (up 6.76%), Northern Rare Earth (up 7.31%), and Luoyang Molybdenum (up 9.04%) [7]

每经记者｜刘明涛 每经编辑｜彭水萍 节后首个交易日，沪指站上3900点刷新十年新高。截至上午收盘，沪指上涨1.24%，报3931.07点；深成指上涨1.75%，报13763.88点；创业板指上涨1.77%， 报3295.58点；科创50指数上涨5.59%，报1578.88点；北证50指数上涨0.25%，报1532.43点。 板块方面，贵金属、可控核聚变、高带宽内存、超导概念等涨幅靠前，免税概念、影视概念、酿酒行业、教育表现不佳，领跌市场。 | | 板块名称 | 均涨幅% | | 板块名称 | 均涨幅%1 | | --- | --- | --- | --- | --- | --- | | 1 | 可控核聚变 | 5.99 | 1 | 免税概念 | -1.53 | | 2 | 超导概念 | 5.50 | 2 | 租购同权 | -1.39 | | 3 | 钻金属 | 4.61 | 3 | 短剧 游戏 | -1.37 | | 4 | 黄金概念 | 3.68 | ম | 虫害防治 | -1.22 | | 5 | 存储芯片 | 3.65 | 5 | 旅游概念 | -1.15 | | 6 | 稀缺资源 | 3.52 | 6 ...

Market Overview - The three major indices opened higher on October 9, with the Shanghai Composite Index rising by 1.19% to surpass 3900 points for the first time since August 2015 [1][2] - The Shenzhen Component increased by 1.84%, and the ChiNext Index rose by 1.99%, with over 3200 stocks in the two markets experiencing gains [1][2] - The total trading volume reached 1.65 trillion yuan, an increase of 525.7 billion yuan compared to the previous trading day [1] Sector Performance - The STAR 50 Index saw a gain of over 5%, with significant increases in the semiconductor industry, including Chipone Technology rising over 16% [1][2] - The GPU, controllable nuclear fusion, and rare earth sectors led the gains, while real estate and short drama sectors faced declines [3][4] - Notable stocks included ZTE Corporation, which hit the daily limit with a trading volume exceeding 12 billion yuan, and H-shares rising nearly 12% to a historical high [3] Chip Sector Highlights - The storage chip sector experienced a significant surge, with companies like Huahong Semiconductor and Yake Technology hitting their daily limits [4][5] - The STAR 50 ETF increased by 3.31%, with stocks such as Western Superconducting and Chipone Technology showing gains of over 16% [5][6] - A recent report indicated that global storage chip prices have been rising, with expectations of a 10% increase in server eSSD prices and a 10-15% rise in DDR5 RDIMM prices in Q4 2025 [6] Gold and Precious Metals - Gold futures surged, with the main contract breaking the 900 yuan/gram mark, reaching a historical high of 913.5 yuan/gram [7][8] - The precious metals sector saw collective gains, with companies like Sichuan Gold and Zhongjin Gold rising significantly [8] Nuclear Fusion and Rare Earth Developments - The controllable nuclear fusion sector showed strong performance, with companies like Hezhong Intelligent and Western Superconducting gaining traction following news of China's nuclear fusion device construction [9] - Rare earth stocks also performed well, with Baotou Steel and Northern Rare Earth seeing increases after the Ministry of Commerce announced new export controls on rare earth technologies [10]