2025年5月21日三大指数小幅上涨，固态电池概念股走强

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - On May 21, 2025, the three major indices experienced slight increases, with the solid-state battery concept stocks performing strongly. The Shanghai Composite Index rose by 0.21%, the Shenzhen Component Index increased by 0.44%, and the ChiNext Index gained 0.83%. The total market turnover was 1,173.26 billion yuan, an increase of 3.73 billion yuan compared to the previous trading day [3][17]. Market Performance - The market saw 1,651 stocks rise and 3,637 stocks fall. The performance of the indices ranked as follows: cyclical > financial > stable > consumption > 0 > growth. Large-cap growth stocks outperformed mid-cap value stocks, while mid-cap growth stocks also performed better than large-cap value stocks [3][23]. - Among the 30 first-level industries, coal (2.52%), non-ferrous metals (2.09%), and electric power equipment and new energy (0.99%) showed relatively strong performance, while comprehensive finance (-1.53%), electronics (-0.88%), and textiles and apparel (-0.80%) lagged behind [3][23]. Fund Flow Performance - On May 21, 2025, the main funds experienced a net outflow of 31.32 billion yuan, with large orders seeing a net outflow of 10.44 billion yuan and medium orders seeing a net inflow of 1.398 billion yuan. Small orders continued to see a net inflow of 27.692 billion yuan [4][27]. - Southbound funds recorded a net inflow of 1.427 billion Hong Kong dollars, with the Shanghai-Hong Kong Stock Connect seeing a net inflow of 2.765 billion Hong Kong dollars, while the Shenzhen-Hong Kong Stock Connect experienced a net outflow of 1.338 billion Hong Kong dollars [5][29]. ETF Fund Flow Performance - On May 21, 2025, the trading volume of major ETFs such as the Shanghai 50, CSI 300, CSI 500, and CSI 1000 decreased compared to the previous trading day. The trading volumes for various ETFs were as follows: 1.197 billion yuan for the Shanghai 50 ETF, 2.254 billion yuan for the CSI 300 ETF, and 0.476 billion yuan for the CSI 500 ETF, with most showing a decrease [4][32]. Global Market Performance - On May 21, 2025, major Asia-Pacific indices closed mixed, with the Hang Seng Index rising by 0.62% to 23,827.78 points and the Nikkei 225 Index falling by 0.61% to 37,298.98 points. European indices generally rose, with the DAX Index up by 0.42% and the FTSE 100 Index up by 0.94% [5][36].