Wind统计显示，8月12日，申万31个一级行业中有22个行业获融资净买入，其中，电子行业获融资净买 入额居首，当日净买入43.52亿元；获融资净买入居前的行业还有计算机、电力设备、房地产、通信、 化工、机械设备等，净买入金额分别为11.11亿元、9.17亿元、7.19亿元、7.07亿元、6.25亿元、5.71亿 元。 （文章来源：证券时报网） 个股方面，8月12日有1887只个股获融资净买入，净买入金额在3000万元以上的有190股。其中，19股获 融资净买入额超1亿元。寒武纪获融资净买入额居首，净买入10.36亿元；融资净买入金额居前的还有中 际旭创、万通发展、中芯国际、贵州茅台、大族激光、飞凯材料、飞荣达、圣邦股份等，净买入额分别 为3.94亿元、3.73亿元、2.79亿元、2.55亿元、2.04亿元、1.8亿元、1.74亿元、1.73亿元。 ...

Group 1 - The semiconductor leading ETF (159665) opened with a slight increase of 0.07%, priced at 1.336 yuan [1] - Key holdings in the ETF include: - SMIC down 0.58% - Haiguang Information up 0.86% - Cambrian down 2.22% - Northern Huachuang up 0.28% - OmniVision up 0.24% - Lattice Semiconductor up 0.64% - Zhongwei Company up 0.56% - Zhaoyi Innovation up 0.02% - Changdian Technology up 0.06% - Unisoc up 0.27% [1] - The ETF's performance benchmark is the National Securities Semiconductor Chip Index return, managed by ICBC Credit Suisse Asset Management Company, with a return of 33.66% since its establishment on December 22, 2022, and a return of 7.25% over the past month [1]

Core Viewpoint - The Sci-Tech Chip ETF Fund (588290) opened with a slight decline of 0.49%, indicating a mixed performance in the semiconductor sector on August 13 [1] Fund Performance - The fund's performance benchmark is the Shanghai Stock Exchange Sci-Tech Board Chip Index return rate [1] - Since its establishment on September 30, 2022, the fund has achieved a return of 64.76% [1] - Over the past month, the fund has recorded a return of 10.48% [1] Major Holdings Performance - Major stocks within the fund include: - SMIC (中芯国际) opened down 0.58% - Haiguang Information (海光信息) opened up 0.86% - Cambrian (寒武纪) opened down 2.22% - Lattice Technology (澜起科技) opened up 0.64% - Zhongwei Company (中微公司) opened up 0.56% - Chipone (芯原股份) opened down 0.28% - Hushi Silicon Industry (沪硅产业) opened up 0.11% - Hengxuan Technology (恒玄科技) opened down 0.77% - SiTewave (思特威) opened up 0.22% - Huahai Qingke (华海清科) opened down 0.08% [1]

证券时报·数据宝统计显示，截至8月12日，科创板两融余额合计1849.50亿元，较上一交易日增加32.26 亿元。连续22个交易日增加。其中，融资余额合计1843.01亿元，较上一交易日增加32.07亿元；融券余 额合计6.48亿元，较上一交易日增加1926.09万元。 科创板融资余额较前一交易日增加32.07亿元，融券余额增加1926.09万元。340股融资余额环比增加， 119股融券余额环比增加。 融资余额方面，截至8月12日，融资余额最高的科创板股是中芯国际，最新融资余额78.50亿元，其次是 寒武纪、海光信息，融资余额分别为59.50亿元、43.79亿元。环比变动来看，340只科创板个股融资余额 环比增加，环比下降的有244只。融资余额增幅较大的是上海合晶、科威尔、爱科赛博，环比上个交易 日增加48.48%、45.73%、27.97%；降幅居前的有磁谷科技、源杰科技、金科环境，环比下降17.04%、 12.96%、12.93%。 融券余额来看，融券余额最高的科创板股是寒武纪，最新融券余额0.31亿元，其次是中芯国际、海光信 息，融券余额分别为0.29亿元、0.19亿元。环比变动来看，119只科创板个股 ...

来源：新浪证券-红岸工作室 资料显示，中芯国际集成电路制造有限公司位于上海市浦东新区张江路18号,香港中环康乐广场8号交易 广场1期29楼，成立日期2000年4月3日，上市日期2020年7月16日，公司主营业务涉及提供0.35微米至14 纳米多种技术节点、不同工艺平台的集成电路晶圆代工及配套服务。主营业务收入构成为：集成电路晶 圆制造代工92.13%，其他6.68%，其他(补充)1.19%。 截至3月31日，中芯国际股东户数25.80万，较上期增加3.69%；人均流通股8042股，较上期减少3.82%。 2025年1月-3月，中芯国际实现营业收入163.01亿元，同比增长29.44%；归母净利润13.56亿元，同比增 长166.50%。 融资方面，中芯国际当日融资买入8.65亿元。当前融资余额78.50亿元，占流通市值的4.46%，融资余额 超过近一年60%分位水平，处于较高位。 融券方面，中芯国际8月12日融券偿还5.27万股，融券卖出10.92万股，按当日收盘价计算，卖出金额 966.65万元；融券余量32.72万股，融券余额2896.76万元，超过近一年90%分位水平，处于高位。 机构持仓方面，截止20 ...

Group 1 - Semiconductor Manufacturing International Corporation (SMIC) reported unaudited results for the three months ending June 30, 2025, with Q2 sales revenue of $2.209 billion, a year-on-year increase of 16.2%, but a quarter-on-quarter decrease of 1.7% [1][2] - SMIC's Q2 gross margin was 20.4%, reflecting a quarter-on-quarter decline of 2.1 percentage points, while the capacity utilization rate was 92.5%, showing a quarter-on-quarter increase of 2.9 percentage points [1][2] - Hua Hong Semiconductor reported Q2 sales revenue of $566 million, a year-on-year increase of 18.3% and a quarter-on-quarter increase of 4.6%, with a gross margin of 10.9%, up 0.4 percentage points year-on-year and 1.7 percentage points quarter-on-quarter [2] Group 2 - Taiwan Semiconductor Manufacturing Company (TSMC) reported July revenue of NT$323.166 billion, a year-on-year increase of 25.8% and a quarter-on-quarter increase of 22.5%, with cumulative revenue from January to July reaching NT$2.096 trillion, a year-on-year increase of 37.6% [1][2] - ASE Technology Holding Co., Ltd. reported July revenue of NT$49.11 billion, a year-on-year decrease of 8.81%, but a month-on-month increase of 7.08%, with cumulative revenue from January to July at NT$321.25 billion, a year-on-year decrease of 1.97% [3] - Industrial Fulian reported H1 2025 revenue of NT$5.464 billion, a year-on-year increase of 45.21%, with net profit attributable to shareholders of NT$12.113 billion, up 38.61% year-on-year [3] - Haiguang Information reported H1 2025 revenue of NT$360.76 billion, a year-on-year increase of 35.58%, with net profit attributable to shareholders of NT$1.201 billion, up 40.78% year-on-year [3] - Biwei Storage reported H1 2025 revenue of NT$3.912 billion, a year-on-year increase of 13.70%, but a net loss attributable to shareholders of NT$226 million [3]

| | | | 8月12日融资净买入额排名 | | | | | --- | --- | --- | --- | --- | --- | --- | | 股票代码 | 股票 | 收盘价 | | 融资净买 占流通市值比 | 涨跌幅 | | | | 箇称 | | 入额度 | 例 (%) | (%) | | | | | | (万元) | | | | | 688256.SH 寒武纪 848.88 | | | 103630.82 | 0.29 | 20 | 电子 | | 300308.SZ | 中际旭 | 225.68 | 39377.61 | 0.16 | 5.09 | 通信 | | | 创 | | | | | | | 600246.SH | 力通发 | 9.23 | 37349.12 | 2.14 | 10.01 | 房地 | | | 腰 | | | | | | | 688981.SH | 中芯国 | 88.52 | 27928.47 | 0.16 | 1.79 | 电子 | | | 你 | | | | | | | 600519.SH | 贵州茅 | | 1437.04 25481.03 | 0.01 | -0.55 ...

Group 1: Macro Strategy and Market Overview - The three major equity indices continued to rise in early August, with the Shanghai Composite Index and Shenzhen Component Index both increasing by over 2%, and the ChiNext Index rising by 4.88% [20][21] - The central bank's net cash injection was 163.5 billion yuan, maintaining stable liquidity in early August, with the 7-day reverse repo rate (DR007) hovering around 1.45% [21][22] - Commodity prices showed mixed trends, with non-ferrous metals rebounding, crude oil slightly declining, and precious metals rebounding again [21] Group 2: Fixed Income and Bond Market - The upcoming issuance of 20-year special government bonds is expected to peak, presenting trading opportunities during the issuance process [2] - The new and old bond yield spread for 20-year bonds typically narrows by 0.4-1.5 basis points, with notable exceptions during significant market events [2] Group 3: Export Growth and Trade Analysis - China's exports showed steady growth in the first seven months of 2025, with a cumulative year-on-year increase of 6.1%, surpassing the 5.8% growth rate for the entire year of 2024 [23][24] - The global trade volume is expected to cool down in the second half of the year, influenced by preemptive demand in the U.S. and a decline in imports [23][24] - China's share of global exports has been increasing, with a notable rise in exports to non-U.S. regions compensating for declines in U.S. exports [24][25] Group 4: Company-Specific Insights - Yuan Da Pharmaceutical achieved a revenue of 10.784 billion yuan in 2024, a year-on-year increase of 10.59%, and a net profit of 2.286 billion yuan, up 31.28% [28][31] - The company is pioneering a new treatment for sepsis, STC3141, which has shown promising results in clinical trials [29][30] - Yuan Da's nuclear medicine segment is expanding, with significant sales growth expected from its core product, yttrium-90 microspheres, which has treated nearly 2,000 patients [30][31] Group 5: Industry Trends and Recommendations - The semiconductor industry is projected to continue its optimistic growth trajectory in 2025, driven by AI and high-performance computing [7] - The demand for storage solutions, particularly HBM and DDR5, is expected to remain strong, with price increases anticipated in the third quarter [7] - The construction materials sector, particularly cement and explosives, is expected to benefit from major infrastructure projects like the New Tibet Railway [34]

Core Viewpoint - The semiconductor sector has shown remarkable performance since the second half of 2024, driven by trends in the AI industry and strong demand for computing power, with the STAR Market Chip Index achieving a return of 71.86% over the past year [1][9]. Group 1: STAR Market Chip Index Performance - The STAR Market Chip Index (000685) was launched in June 2022 and includes stocks related to semiconductor materials, equipment, design, manufacturing, packaging, and testing [2]. - As of August 8, 2024, the STAR Market Chip Index has outperformed the CSI 300 Index and other representative indices of the STAR Market, such as the STAR 50 and STAR 100 [9]. - The index consists of 50 constituent stocks, with the top ten weighted stocks including Cambricon, SMIC, and Haiguang Information, covering various segments of the semiconductor industry [5][9]. Group 2: ETF Performance and Market Statistics - There are currently eight STAR Market Chip ETFs with a total scale of approximately 37.57 billion yuan, with the top three being from Harvest Fund, Huaan Fund, and Huitianfu Fund [1][17]. - The average annual return of five STAR Market Chip ETFs established before 2025 is 11% [1]. - The most liquid ETF, Harvest STAR Market Chip ETF, has an average daily trading volume exceeding 1.9 billion yuan this year [16].

Wind数据显示，截至8月12日，今年以来南向资金累计净流入超9100亿港元，创年度净流入额历史 新高，显著超过2024年净流入的8078.69亿港元。据中国证券报记者统计，在今年以来南向资金交易的 145个交易日中，南向资金出现净流入的交易日有123个，占比超八成。 在今年以来南向资金大幅流入的带动下，港股市场表现亮眼，截至8月12日收盘，恒生指数累计涨 逾24%，恒生科技指数累计涨逾21%，恒生指数成分股中总市值超1万亿港元的股票均上涨，平均涨幅 超过30%。 近期，港股市场出现一定震荡。机构人士认为，外部预期调整可能是主要原因，预期变动会导致市 场波动较大，但这并未改变港股市场的中期配置逻辑。港股市场或吸引南向资金持续流入，支撑港股继 续向上。 净流入金额为去年同期两倍多 今年以来，南向资金大幅流入港股市场，是今年以来港股市场最大的增量资金来源。 Wind数据显示，截至8月12日，南向资金今年以来累计净流入9102.88亿港元，创年度净流入金额历 史新高，历史首次超过9100亿港元，为2024年同期的2倍多。其中，4月9日单日净流入355.86亿港元， 创单日净流入纪录。在今年以来南向资金交易的145个 ...