A股复盘 | 突破 / 2025.08.13 兄弟姐妹萌， 再看看，现在是牛市第几阶段了？ 今天好多人撤了吧， 群友们说的最多的话就是卖飞了！大家都以为沪指摸高3674点后会回 落，结果一点也跌不下去！ 今天整理了大摩的一个会议纪要， 关于"水牛"现象，即境内A股市场是否存在大规模资金流入的情况？ 我今天涨得好的就是中证A500ETF，哈哈哈，个股不太行，说实话，这段时间连沪指都跑不赢啊！ 牛市来了不知道买啥就买指数啊！ 大摩说，他们定义的高质量板块包括那些具有长期可持续盈利增长轨迹和预期的板块，它们在股东回报率方面进行各种提升行为，如降本增 效、股本回购和分红。这些板块主要包括金融、互联网、信息技术和科技板块。 即使在中国股票市场总体盈利增速下调的过程中，这些板块 的表现仍然非常亮眼。而这些板块目前已占据明晟中国指数近80%的权重，这个权重非常庞大。相反，传统的、与中国宏观经济关联度较高 的行业，如房地产、原材料和重化工业等，其在明晟中国指数中的比重已经降至接近10%。这种变化是在过去五年内形成的，导致了两种板 块分布的巨大差异，进而影响了整个股市大盘指数的表现。 外资方面，大摩指出，六七月份外资都是净流入 ...

以下文章来源于高工产研 ，作者GGII 高工产业研究院（简称GGII）是一家专注国内新兴产业市场研究与咨询的第三方机构，涉及的新兴产业主要包括锂电池、储能、氢能与氢燃料电池、新 能源汽车、智能汽车、LED照明与显示、机器人、新材料等。 年会预告 2025（第十五届）高工锂电年会 暨十五周年庆典&高工金球奖颁奖典礼 主办单位： 高工锂电、高工产研（GGII） 协办单位： 卡洛维德 总冠名： 海目星激光 年会特别赞助： 大族锂电 专场冠名： 欣旺达、英联复合集流体、逸飞激光、华视集团、欧科工业空调 金球奖全程特约赞助： 思客琦 时间&地点： 2025年11月18-20日 深圳前海华侨城JW万豪酒店 零碳施工正成为重大基建的新常态。 7月19日，西藏林芝雅鲁藏布江下游水电工程正式启动，开工仪式上，三一重工的成套电动工程机械挖掘机、装载机、自卸车等列队待命。 雅江水电站建设采用电动工程机械，将产生巨大的动力电池需求，深度参与企业将显著受益。据测算，工程机械设备投资占总投资的10%-15%， 预计雅江水电站项目将带来1200-1800亿元的设备需求。其中，动力电池占设备成本的40%，对应市场规模约480-720亿元；以 ...

3689万辆——这是截至6月底全国新能源汽车保有量。 年会预告 2025（第十五届）高工锂电年会 暨十五周年庆典&高工金球奖颁奖典礼 主办单位： 高工锂电、高工产研（GGII） 协办单位： 卡洛维德 总冠名： 海目星激光 年会特别赞助： 大族锂电 专场冠名： 欣旺达、英联复合集流体、逸飞激光、华视集团、欧科工业空调 金球奖全程特约赞助： 思客琦 时间&地点： 2025年11月18-20日 深圳前海华侨城JW万豪酒店 会议合作： 陈女士 13560731836（微信同号） 在这背后，一个数百亿规模的新蓝海已然呈现—— 数据显示，2025年乘用车售后市场规模将接近2万亿元，其中新能源车售后维保贡献约3000亿元； 到2030年，"三电"维保市场规模或达400亿元。 更值得关注的是，2028年起全国将迎来年均400万辆级的过保车辆洪峰。 除了市场井喷外，政策东风更添火势。 2025年3月实施的《新能源汽车运行安全性能检验规程》首次将三电系统纳入年检，同步落地的《新能源汽车 维修维护技术要求》等政策，则为行业划定了安全红线与操作标准。 但繁荣背后，行业痛点如影随形。 数据显示，国内新能源汽车专业维修网点覆盖率不足传统 ...

Market Performance - The A-share market saw all three major indices rise, with the Shanghai Composite Index achieving an eight-day winning streak, closing at 3683.46 points, a 0.48% increase [2][3] - The Shenzhen Component Index rose by 1.76% to 11551.36 points, while the ChiNext Index surged by 3.62% to 2496.50 points [2][3] - The total trading volume in the Shanghai and Shenzhen markets reached 21509 billion, a significant increase of 2694 billion compared to the previous day [2][3] Divergence in Market Sentiment - There is a stark contrast in individual stock performance, with gains and losses being roughly equal, leading to investor confusion and concern about potential corrections [3] - The Shanghai market showed weakness in key sectors such as banking, oil, and coal, with the banking sector experiencing an overall decline of nearly 1% [3][4] Key Stock Performances - Notable stocks in the Shenzhen market included Ningde Times, which rose nearly 4% to around 273 yuan per share, and New Yisheng, which surged by 15.45% to 236 yuan per share [5] - The combined gains of New Yisheng, Zhongji Xuchuang, and Shenghong Technology contributed significantly to the Shenzhen index, accounting for a total increase of 55.64 points [5] Policy Support and Market Reaction - Recent government measures to support consumer spending through interest subsidies were introduced, indicating a strong intent to stimulate consumption [6] - However, the market's reaction to these measures was muted, with major consumer stocks like Kweichow Moutai and Wuliangye showing little positive movement [6] Financial Sector Highlights - The financial sector, particularly the securities segment, showed some positive movement, with an overall increase of about 2.1% [7] - Notable performers included Guosheng Financial Holdings, which hit its second consecutive trading limit, and Dongfang Fortune, which saw a trading volume increase to around 20 billion [7] Overall Market Outlook - The Shanghai Composite Index is at a four-year high but has not yet reached the 3740-point level from 2021 [8] - The rapid rise of certain stocks raises concerns about potential overextension and the need for caution among investors, especially those chasing high-growth, unprofitable stocks [8]

Market Overview - On August 13, the Shanghai Composite Index rose by 0.48%, the Shenzhen Component Index increased by 1.76%, the ChiNext Index surged by 3.62%, and the CSI 300 Index gained 0.79% [1] - Among the tradable A-shares, 2,733 stocks rose, accounting for 50.50%, while 2,458 stocks declined [1] Capital Flow - The main capital saw a net outflow of 275 million yuan throughout the day [1] - The ChiNext experienced a net outflow of 716 million yuan, while the STAR Market had a net outflow of 2.058 billion yuan; conversely, the CSI 300 saw a net inflow of 1.019 billion yuan [1] Industry Performance - Out of the 28 primary industries classified by Shenwan, 22 industries saw gains, with the top performers being the communication sector (up 4.91%) and non-ferrous metals (up 2.37%) [1] - The banking and coal industries had the largest declines, with decreases of 1.06% and 0.81%, respectively [1] Industry Capital Inflows - The non-bank financial sector led in net capital inflow, with a total of 4.015 billion yuan and a daily increase of 1.13% [2] - The communication sector followed with a net inflow of 2.655 billion yuan and a daily increase of 4.91% [2] Industry Capital Outflows - The food and beverage sector experienced the largest net outflow, totaling 2.004 billion yuan and a daily decline of 0.42% [2] - The banking sector also saw significant outflows, with a net outflow of 1.852 billion yuan and a decline of 1.06% [2] Individual Stock Performance - A total of 1,952 stocks had net inflows, with 852 stocks seeing inflows exceeding 10 million yuan; 139 stocks had inflows over 100 million yuan [2] - The stock with the highest net inflow was Dongfang Caifu, which rose by 2.46% with a net inflow of 1.835 billion yuan [2] - The stocks with the largest net outflows included Huasheng Tiancai, Guizhou Moutai, and Zhangjiang Hi-Tech, with outflows of 1.320 billion yuan, 1.028 billion yuan, and 476 million yuan, respectively [2]

证券时报·数据宝统计显示，宁德时代今日收盘价为273.60元，上涨3.93%，日换手率为0.93%，成交额 为106.61亿元，全天主力资金净流入14.60亿元，近5日该股累计上涨3.25%，近5日资金合计净流入8.99 亿元。 两融数据显示，该股最新融资余额为86.20亿元，近5日增加3.92亿元，增幅为4.76%。 机构评级来看，近5日共有5家机构给予该股评级，预计目标价最高的是国投证券，8月13日国投证券发 布的研报预计公司目标价为364.18元。（数据宝） 8月13日宁德时代大宗交易一览 宁德时代8月13日大宗交易平台出现一笔成交，成交量26.40万股，成交金额7223.04万元，大宗交易成交 价为273.60元。该笔交易的买卖双方均为机构专用席位。 进一步统计，近3个月内该股累计发生42笔大宗交易，合计成交金额为16.26亿元。 | 成交量（万 | 成交金额（万 | 成交价格 | 相对当日收盘折溢价 | 买方营业 | 卖方营业 | | --- | --- | --- | --- | --- | --- | | 股） | 元） | （元） | （%） | 部 | 部 | | 26.40 | 7223. ...

Economic Growth - Fujian Province's GDP is projected to grow from 4.37 trillion yuan in 2020 to 5.78 trillion yuan in 2024, with expectations to exceed 6 trillion yuan this year [1] - The per capita GDP ranks 4th nationally, and the urban-rural income ratio is expected to decrease to 2.06 by 2024 [1] Reform and Opening Up - Fujian has deepened reforms with unique characteristics, achieving significant results in improving the business environment and key sector reforms [2] - The province's overall satisfaction rate with the business environment has exceeded 85% for four consecutive years [2] Cross-Strait Relations - Fujian leads in the number of new Taiwanese enterprises and actual utilization of Taiwanese capital, with cross-strait trade exceeding 1.5 trillion yuan [3] Industrial Development - The province has prioritized innovation, with a 129% increase in high-value invention patents per ten thousand people since the end of the 13th Five-Year Plan [4] - The number of industrial enterprises with revenues exceeding 100 billion yuan has doubled from 2 to 4 [4] Digital Economy - The digital economy has grown from 2.01 trillion yuan to 3.2 trillion yuan, averaging over 12% annual growth [5] - Over 70% of key business processes are fully digitized, ranking third nationally [5] Marine Economy - Fujian ranks third nationally in marine production value, with significant advancements in offshore wind power and fishing [6] Public Welfare - Over 70% of fiscal spending has been allocated to public welfare, enhancing the population's sense of well-being [7] - The province has achieved a 100% enrollment rate for school-age children and has established numerous national-level medical centers [7] Environmental Protection - Fujian has seen a 17% reduction in energy consumption per unit of GDP, with a continuous decline in major pollutants [9] - The province has maintained the highest forest coverage rate in the country for 46 consecutive years [9]

Market Overview - A-shares experienced a significant rally, with the Shanghai Composite Index achieving an 8-day winning streak and reaching a new high since December 2021, closing at 3683.46 points, up 0.48% [1] - The total trading volume in the A-share market exceeded 2 trillion yuan for the first time since February 27, with a total of 21,756 billion yuan traded [1] - The Hong Kong stock market also saw substantial gains, with the Hang Seng Index rising over 2% and the Hang Seng Tech Index increasing over 3% [1] AI Industry - AI-related stocks surged, with notable gains including Guangku Technology and Robotech both hitting the 20% limit up, and Industrial Fulian also reaching the limit up [2][4] - Industrial Fulian reported a revenue of 360.76 billion yuan for the first half of 2025, a year-on-year increase of 35.58%, and a net profit of 12.11 billion yuan, up 38.61% [4][5] - The demand for AI servers is expected to grow significantly, driven by increased capital expenditures from major North American cloud service providers [4][5] Innovative Pharmaceuticals - The innovative drug sector saw strong performance, with Shouyao Holdings hitting the 20% limit up, and other companies like Microchip Biotech and WuXi AppTec also posting significant gains [6][8] - The National Medical Insurance Administration has established a "new drug pricing mechanism," which is expected to provide innovative drug manufacturers with greater pricing flexibility and efficiency [8] Humanoid Robotics - The humanoid robotics sector showed renewed activity, with companies like Shenglan Co. and Jieke Co. seeing substantial increases in stock prices [9][11] - The World Robot Conference held in Beijing highlighted advancements in embodied intelligent robots, with local governments offering subsidies for robot purchases [9][11] - The industry is expected to benefit from various supportive policies and events, including the upcoming World Humanoid Robot Games and other robotics-related conferences [11]

2025.08. 13 本文字数：957，阅读时长大约2分钟 作者 | 一财资讯 8月13日，沪指突破3674.4点，日线八连阳，创近4年新高。截至收盘，沪指涨0.48%，深成指涨 1.76%，创业板指涨3.62%。 | 代码 | 现价 涨跌 涨跌幅 | | --- | --- | | 000001 上证指数 | 3683.46c 17.55 0.48% | | 399001 深证成指 >> | 11551.36c 199.73 1.76% | | 899050 北证50 | 1461.86c 12.23 0.84% | | 881001 万得全A | 5801.59c 58.53 1.02% | | 000688 科别20 | 1077.70c 7.89 0.74% | | 399006 创业板指 | 2496.50c 87.11 3.62% | | 000300 沪深300 | 4176.58c 32.75 0.79% | 沪深两市全天成交额2.15万亿元，较昨日大幅放量。 个股涨多跌少，全市场超2700只个股上涨。 盘面上看，液冷服务器、工业金属、PEEK材料、CPO、光刻机等板块涨幅居前，煤炭、银行、 ...

随着2025年2季报落下帷幕，公募基金市场的格局与动向逐渐清晰。易方达以超2.1万亿元的管理规模稳居榜首，紧随其后的是华夏基金，其规模也突破了2 万亿元大关。广发基金则以1.49万亿元的规模排名第三。南方基金、天弘基金、富国基金、嘉实基金、博时基金、汇添富基金和鹏华基金分列第四至第十 位。 手握重金的头部机构，其资金投向无疑成为市场的重要风向标。在政策引导与市场趋势的双重驱动下，基金公司明显在押注几大方向： 一是国家战略扶持的硬科技，比如以宁德时代为代表的动力电池赛道、以中芯国际、寒武纪领衔的国产半导体板块。 二是"新国九条"强化分红的监管下，基金公司聚焦分红较为稳定的蓝筹股，如贵州茅台、招商银行、长江电力这类高分红龙头股。 此外，基金公司对受益于产业升级的资源股及高端制造企业（紫金矿业、新易盛等）也有所布局，同时积极配置数字经济巨头（腾讯/阿里/小米）以捕捉AI 商业化的红利。 | 序号 | 基金公司 | 资产合计(亿元) | 具备的量 | 基金的 | | --- | --- | --- | --- | --- | | | | | (合井) | (分开) | | 1 | 易方达基金管理有限公司 | 2101 ...