A股收评 | 创业板指涨超1.3% 脑机接口、军工装备板块集体爆发

Market Overview - On June 30, A-shares experienced a broad increase with over 4,000 stocks rising, and total trading volume reached 1.5 trillion yuan, a decrease of 57.02 billion yuan from the previous day [1] - The Shanghai Composite Index rose by 0.59%, the Shenzhen Component Index increased by 0.83%, and the ChiNext Index gained 1.35% [1] Economic Policies - The State Council emphasized the need for "ten years of sharpening a sword" to accelerate high-level technological self-reliance and self-improvement, aiming to convert technological achievements into productive forces [1] - The People's Bank of China maintained a moderately loose monetary policy, with expectations for liquidity support through reverse repos and structural tools in July [2][3] Sector Performance Military Industry - Military stocks showed strong performance, with companies like Morningstar Aviation and Hengyu Xintong hitting the daily limit [4] - The demand for advanced military equipment is expected to rise due to regional conflicts and the ongoing great power competition, indicating a long-term positive trend for the military industry [4] Brain-Computer Interface - The brain-computer interface sector saw significant gains, with stocks like Xiangyu Medical and Jihua Group reaching the daily limit [6] - The industry is approaching a critical turning point for commercialization, driven by technological breakthroughs and clinical validations [6] Lithography Machine - The lithography machine sector strengthened, with companies such as Blue Eagle Equipment and Kaimete Gas hitting the daily limit [8] - The demand for lithography machines is expected to remain strong as domestic wafer fabs continue to expand [8] Gaming Industry - Gaming stocks experienced a rally, with companies like Giant Network and Kaiying Network reaching the daily limit [11] - The approval of 158 new games in June indicates ongoing regulatory support for the healthy development of the gaming industry [11] Institutional Insights - According to招商证券, A-share earnings are expected to achieve a "V" shaped recovery, driven by domestic demand and inventory replenishment [13] - 国泰海通证券 noted that the recent index rise is primarily driven by domestic industrial innovation and a systematic reduction in market discount rates [14] - 浙商证券 highlighted that mid-cap growth stocks may outperform due to the high valuation and low profitability of small-cap stocks [15]