证券时报·数据宝统计，截至11月24日收盘，沪深两市共1118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，大烨智能连续25日主力资金净流出，排名第一；金盾股份连续24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，香农芯创主力资金净流出金额最大，连续8天累 计净流出58.11亿元，兆易创新紧随其后，7天累计净流出52.67亿元。从主力资金净流出占成交金额的比 例来看，天坛生物占比排名居首，该股近6日下跌5.00%。（数据宝） | 601698 | 中国卫通 | 1 1 | 6.15 | 6.01 | -6.67 | | --- | --- | --- | --- | --- | --- | | 002532 | 天山铝业 | 10 | 6.12 | 8.05 | -10.43 | | 300520 | 科大国创 | 5 | 6.12 | 7.88 | -12.71 | | 603366 | 日出东方 | 5 | 6.10 | 9.35 | -20.36 | | 601162 | 天风证券 | 7 | 6.07 | 13.14 | -5.66 | | 000723 | 美锦能源 | ...

Core Viewpoint - The average stock price of the Sci-Tech Innovation Board is 38.12 yuan, with 62 stocks priced over 100 yuan, indicating a strong performance in the market [1][2]. Stock Performance - A total of 520 stocks on the Sci-Tech Innovation Board rose today, while 68 fell, with the highest closing price being 1261.98 yuan for Cambrian-U, which increased by 1.04% [1]. - Among the stocks priced over 100 yuan, the average increase was 1.98%, with notable gainers including Tengjing Technology and Pinming Technology [1][2]. - The latest closing prices of stocks relative to their issue prices show an average premium of 511.77%, with the highest premiums for companies like Shuangwei New Materials and Cambrian-U [1]. Industry Distribution - The stocks priced over 100 yuan are concentrated in the electronics, pharmaceutical, and computer industries, with 31, 9, and 8 stocks respectively [1]. Capital Flow - There was a net outflow of 10.89 billion yuan from the main funds in the stocks priced over 100 yuan, with notable inflows into companies like Zhongwei Company and Kingsoft [2]. - The total margin financing balance for stocks priced over 100 yuan is 848.48 billion yuan, with Cambrian-U and Zhongxin International having the highest financing balances [2]. Stock List - A detailed list of stocks priced over 100 yuan includes Cambrian-U at 1261.98 yuan, Yuanjie Technology at 521.00 yuan, and GuoDun Quantum at 437.98 yuan, among others, showcasing their respective price changes and industry classifications [2][3][4].

格隆汇11月24日｜南下资金今日净买入港股85.71亿港元。其中： 净买入阿里巴巴-W 40.66亿、腾讯控股11.67亿、快手-W 8.18亿、小米集团-W 4.84亿、美团-W 4.39亿、 南方恒生科技3.93亿； 净卖出中芯国际10.24亿、中国海洋石油3.79亿、华虹半导体3.37亿。 据统计，南下资金已连续8日净买入阿里，共计173.87亿港元；连续3日净买入腾讯，共计29.8695亿港 元；连续3日净卖出中芯国际，共计12.328亿港元。(格隆汇) | 除状控股 | 2.4% | 1.14 | 21.45 Z | 小米菲国-W | 1,5% | 3.77 | 14.43 Z | | --- | --- | --- | --- | --- | --- | --- | --- | | 中国海洋石油 | -1.5% | -1.79 | 11.72亿 | 快手-W | 7.1% | 7.04 | 12.47亿 | | 赣锋律业 | -5.7% | 0.01 | 9.99亿 | 南方恒生科技 | 2.9% | 3.94 | 10.58亿 | | 快手-W | 7.1% | 1.14 | 9.90亿 | 美 ...

国家大基金一期减持动作正在不断加速。 最新消息显示，11月17日，盛科通信公告，大股东国家集成电路产业投资基金股份有限公司（简称"大基金"）减持计划期满，2025年8月25日至 2025年11月17日累计通过集中竞价减持1018.91万股，占公司总股本2.49%，目前尚余211.09万股未减持。 不久前，国家大基金一期转让了硅数股份的股份。11月10日，大基金拟转让其持有的硅数股份全部股份，约5150.771万股股份，占后者总股本 的14.31%，转让底价为8.44亿元。 大基金向来是行业投资的风向标，被投标的往往是细分行业龙头，因此其在市场的"进退"牵动着投资者的心。就在大基金一期密集退出企业的 同时，此消彼长间，大基金二期、大基金三期正在不断对企业进行"加注"，上海企业的身影频繁闪现其中。 01 大基金一期年内密集"撤退" 两家上海龙头均被减持 近一年来，大基金一期密集减持退出潮持续开展，尤其在半导体领域，更是其退出的重点行业。 除了文章开头的两家企业外，今年9月份，大基金一期第三次减持北方华创后，持股比例降至5%以下。根据公告，今年7月28日-9月15日，大基 金一期减持北方华创259.18万股，减持比 ...

Market Overview - The Hang Seng Index closed at 25,220, down 2.38% for the day and 5.09% for the week, but up 25.72% year-to-date[3] - The Hang Seng Technology Index fell 3.21% to 5,395, with a year-to-date increase of 20.76%[3] - The Hang Seng China Enterprises Index decreased by 2.45% to 8,920, with a year-to-date rise of 22.36%[3] - The Shanghai Composite Index dropped 2.45% to 3,835, with a year-to-date increase of 14.41%[3] Sector Performance - The lithium battery sector saw significant declines, with Ganfeng Lithium down over 12% and Tianqi Lithium down over 11%[9] - Semiconductor stocks also performed poorly, with Innolux down over 8% and SMIC and Hua Hong Semiconductor both down over 6%[9] - Xiaomi-related stocks rose against the trend, driven by the launch of Xiaomi's enhanced smart driving system[9] U.S. Market Insights - On November 21, U.S. markets saw all major indices rise, with the Dow Jones gaining approximately 1.1%[9] - The probability of a 25 basis point rate cut by the Federal Reserve in December increased from under 40% to over 70% following dovish comments from New York Fed President Williams[9] - Notable movements in large tech stocks included Google up 3.53% and Nvidia down 0.96%[9] Japanese Market Trends - The Nikkei 225 index fell 2.4%, with a cumulative decline of 3.5% over the past week[13] - Japanese semiconductor stocks faced significant drops, with Tokyo Electron down 7.14% and Advantest down 12.10%[13] - The Japanese government announced a $135 billion economic stimulus plan, adding pressure to the yen and government bonds[13]

华虹半导体跌超11%，中芯国际跌超5%，宏光半导体跌超4%，上海复旦、晶门半导体跟跌。 (本文来自第一财经) ...

每经AI快讯，11月24日，港股半导体板块午后跌幅扩大，华虹半导体跌超11%，中芯国际跌超5%，宏 光半导体跌超4%，上海复旦、晶门半导体跟跌。 ...

来源：滚动播报 港股半导体股下跌，华虹半导体跌超11%，中芯国际跌近6%。 ...

Group 1 - Hong Kong stocks opened higher, with Alibaba's shares increasing by 5%, driving the Hang Seng Internet Index up over 2% and the Hang Seng Technology Index ETF rising by 1.36% [1] - The launch of Google's Gemini 3 Pro and its image model Nano Banana Pro has become a major tech highlight, increasing market attention on AI applications [1] - Alibaba's AI assistant, Qianwen App, has surpassed 10 million downloads within a week of its public testing, making it the fastest-growing AI application, outpacing ChatGPT, Sora, and DeepSeek [1] - Ant Group's general AI assistant, Lingguang, achieved over 2 million downloads within 6 days of its launch [1] - The Hang Seng Technology Index ETF has seen a net inflow of 5.2 billion yuan over 17 consecutive trading days despite a cumulative decline of 11% from October 30 to November 21 [1] - The Hang Seng Internet ETF also experienced a net inflow of 3.3 billion yuan over the same period, despite a cumulative decline of 12% [1] Group 2 - The Hang Seng Internet ETF has a weight of over 80% in leading internet stocks, with an AI content exceeding 90%, including major companies like Alibaba, Tencent, NetEase, JD.com, and Baidu [2] - The latest scale of the Hang Seng Internet ETF is 33.979 billion yuan, reflecting strong investor interest in AI-driven companies [2]

Core Insights - The electronic sector has significantly outperformed the market since 2025, driven by substantial capital expenditures and demand for computing power from major companies like Google, Meta, Microsoft, and Amazon, which collectively spent nearly $100 billion in Q3 2025, a year-on-year increase of approximately 70% [1] - The demand for high-end PCBs (Printed Circuit Boards) has surged due to the explosion of computing power, particularly for AI servers, which require advanced PCB designs [1] - The global PCB market is projected to approach $95 billion by 2029, with the specialized PCB market for AI and high-performance computing expected to grow at a compound annual growth rate (CAGR) exceeding 20% from 2024 to 2029 [1] Semiconductor Sector - In Q3 2025, top performers in the semiconductor sector included companies like Silan Micro with a 1109% year-on-year growth and Geke Micro with 519% [2] - The strong performance of Nvidia and Google's AI advancements indicate that the AI industry is in an accelerating growth phase, presenting opportunities in the PCB sector as it aligns with AI chip upgrades [2] PCB Sector - Companies in the PCB sector, such as Shenghong Technology and Shennan Circuit, reported significant revenue and net profit growth, reflecting the rapid increase in orders for AI servers and related equipment [1][2] - The PCB market is experiencing a transformation driven by AI, which is reshaping the value chain of the electronic industry and creating new growth opportunities [2] Market Activity - On November 24, 2025, the PCB sector saw active trading, with stocks like Pengding Holdings and Huadian Shares rising over 1%, indicating positive market sentiment [3] - The electronic ETF (515260), which focuses on core leaders in the electronic sector, has attracted significant investment, with a total of 11.2 million yuan in inflows over three days, reflecting investor confidence in the sector's future performance [3] Investment Tools - The electronic ETF (515260) and its linked funds are designed to track the electronic 50 index, focusing on semiconductor and consumer electronics sectors, including high-demand areas like AI chips and 5G [5][6] - The ETF's composition heavily features the Apple supply chain, which accounts for 44.63% of its holdings, benefiting from the anticipated strong performance of Apple's product line [6] - Government policies are supporting the semiconductor industry, aiming for self-sufficiency and leveraging AI to enhance consumer electronics, positioning the electronic sector for potential growth [6]