北交所策略双周报：把握结构性行情，关注外围风险-20250618

Market Performance - During the period from June 2 to June 13, 2025, the overall stock market experienced a mild increase, with the ChiNext Index leading at a rise of 2.54%[2] - The North Exchange 50 Index saw a decline of 1.84% during the same period, while the Shanghai and Shenzhen 300 Index increased by 0.62%[2] - The top three gainers among all North Exchange A-share listed companies were Jiuling Technology, Luchao Information, and Keli Co., with increases of 74.64%, 68.83%, and 46.30% respectively[2] Individual Stock Analysis - Notable declines were observed in stocks such as Kangle Weishi (-12.04%), Sanyou Technology (-12.34%), and Tianye Co. (-14.62%) during the same period[2] - The best-performing stock in the North Exchange 50 was Naconoer, which rose by 20.98%, while the worst performer was Senxuan Pharmaceutical, which fell by 11.20%[4] Sector Insights - The performance of the North Exchange stocks was notably diverse, with sectors like industrial machinery and information technology showing strong gains due to macroeconomic recovery and digital transformation trends[6] - The new North Exchange specialized index, set to launch on June 30, 2025, will include the largest 50 "specialized, refined, distinctive, and innovative" companies, providing a new benchmark for investors[6] Investment Recommendations - For high-performing stocks like Jiuling Technology, Luchao Information, and Keli Co., further research into their industry prospects and innovation capabilities is recommended[8] - Stocks with high price-to-earnings ratios or those currently incurring losses should be approached with caution unless there are clear expectations for performance reversal[8] Risk Factors - The North Exchange A-share market exhibits significant volatility, with individual stock performance varying widely, posing risks of substantial asset value fluctuations[8] - Industry competition remains fierce, and companies must maintain innovation and market share to avoid negative impacts on profitability and stock performance[8]