银河证券北交所日报-20260210

Core Insights - The overall performance of the Beijing Stock Exchange (BSE) on February 10, 2026, showed a decline, with the BSE 50 index falling by 0.61% to 1,532.17 points, while the specialized and innovative index dropped by 1.26% to 2,549.98 points [1] - The total market capitalization of the BSE reached 935.799 billion, with a circulating market value of 576.068 billion, indicating a slight decrease in trading activity compared to the previous week [1] - The average price-to-earnings (P/E) ratio for BSE-listed companies was reported at 47.54 times, which is higher than the P/E ratios of the STAR Market (78.62 times) and the ChiNext (45.98 times) [1] Industry Performance - On February 10, 2026, the media sector led the gains with a rise of 16.8%, followed by the pharmaceutical and biological sector at 6.9%, and the communication sector at 1.4%. Conversely, the oil and petrochemical sector saw a decline of 2.2%, the non-ferrous metals sector fell by 2.0%, and the beauty and personal care sector decreased by 1.9% [1] - Among the 293 listed companies on the BSE, 44 experienced an increase in stock price, while 244 saw a decline. Notably, the new stock Aide Technology surged by 176.79%, while companies like Tongxiang Technology and Meibang Technology faced significant declines of 6.36% and 5.88%, respectively [1][6][7] Valuation Insights - The average P/E ratio for the non-ferrous metals sector was the highest at 123.3 times, followed by the communication sector at 93.3 times and the food and beverage sector at 83.8 times, indicating varying levels of investor confidence across sectors [1][9] - The overall valuation of BSE-listed companies has shown a slight decrease compared to the previous trading day, reflecting market adjustments and investor sentiment [1]