明日主题前瞻 1、工业4.0 | 11月18日，工信部办公厅印发了《高标准数字园区建设指南》。其中指出，打造企业数字化转型标杆。聚焦园区主导产业，依托制造业数字化 转型通用评估指标体系引导企业数字化改造，建设制造业数字化转型促进中心等载体，深化新一代信息技术全链条赋能应用，推动企业全要素生产率提升。 积极开展"人工智能+制造"应用探索，支持企业开展智能工厂梯度建设，推进工业机器人等智能制造装备规模化部署，推动企业生产智能化跃升。 宏观、行业新闻 1、工信部：目标到2027年建成200个左右高标准数字园区，算力基础设施实现有效部署和应用。 点评：分析认为，人工智能可覆盖制造业全流程各环节，提高各环节自身运作效率，并可挖掘各单一环节所产生的数据信息，进而赋能整体的预测、生产、 管理等，实现精细化管理。工信部数据显示，经过智能化改造，制造业研发周期缩短约20.7%、生产效率提升约34.8%、不良品率降低约27.4%、碳排放减少 约21.2%。另一方面，在人工智能的赋能下，制造业从产品为中心向用户为中心转变、从刚性生产向柔性生产转变，满足消费者个性化需求成为制造业新服 务模式。根据Bizwit数据，从2019年起，人 ...

编辑：何颖曦 盘面上看，保险、银行、券商、医药、电力等板块走低，军工、煤炭、地产等板块拉升，锂矿、 AI应用、华为算力概念等活跃。 中国经济周刊-经济网讯 截至收盘，上证综指报3972.03点，跌幅0.46%，成交额8057.33亿元；深证 成指报13202.01点，跌幅0.11%，成交额11050.58亿元；创业板指报3105.20点，跌幅0.20%，成交额 4866.44亿元。 ...

截至收盘，沪指跌0.46%报3972.03点，深证成指跌0.11%报13202点，创业板指跌0.2%报3105.2点，上证 50指数跌0.87%，北证50指数涨0.81%，沪深北三市合计成交19305亿元。 盘面上看，保险、银行、券商、医药、电力等板块走低，军工、煤炭、地产等板块拉升，锂矿、AI应 用、华为算力概念等活跃。 11月17日，沪指盘中震荡下探，创业板指盘中大幅下行，尾盘跌幅有所收窄；北证50指数逆市上扬。 光大证券表示，市场大方向或仍处在牛市中，不过短期或进入宽幅震荡阶段。与往年牛市相比，当前指 数仍然有相当大的上涨空间，但是在国家对于"慢牛"的政策指引之下，牛市持续的时间或许要比涨幅更 加重要。不过短期来看，市场可能缺乏强力催化，叠加年末部分投资者在行为上可能趋于稳健，股市短 期或以震荡蓄势为主。配置方面，短期关注防御及消费板块，中期继续关注TMT和先进制造板块。市 场处于震荡阶段时，前期滞涨方向可能表现会更好，对应于本轮即为高股息及消费板块。中期来看，流 动性驱动行情下，行情中期TMT更容易成为主线，本轮或许也会如此。若行情转向基本面驱动，考虑 到当前行情或正处于中期，先进制造值得重点关注。 ...

新华财经北京11月17日电（罗浩）沪深两市三大股指17日早间普遍低开。沪指盘初波动下行后震荡反 弹，深成指和创业板指盘初冲高回落，盘中震荡反弹，午间收盘前再度走低。午后，各主要股指窄幅整 理，14时后再现震荡反弹行情。整体来看，两市三大股指当日均呈现宽幅整理态势，深成指和创业板指 最终小幅收跌，沪指跌幅稍大。 17日，能源金属板块整体涨幅靠前，水产品、风沙治理、军贸概念、Web3概念等板块亦有较大幅度上 涨，数字水印、华为算力、军工信息化、远程办公、智谱AI、Sora概念等板块显著上涨。医药股整体跌 幅靠前，减肥药、创新药、免疫治疗、维生素、CXO概念、仿制药、医疗保健等多个细分领域均出现 显著调整，培育钻石、银行、贵金属等板块亦有显著下跌。 截至收盘，沪指报3972.03点，跌幅0.46%，成交额约8057亿元；深成指报13202.00点，跌幅0.11%，成 交额约11051亿元；创业板指报3105.20点，跌幅0.20%，成交额约4937亿元；科创综指报1599.65点，跌 幅0.15%，成交额约1763亿元；北证50指数报1526.46点，涨幅0.81%，成交额约197亿元。 近期，市场监管总局积极与财 ...

盘面上，能源金属、兵装重组概念、数字水印板块涨幅居前，贵金属、生物制品、医药商业板块跌幅居前。 11月17日消息，市场震荡调整，三大指数尾盘拉升跌幅收窄。板块方面，临近尾盘CPO概念震荡反弹，腾景科技20cm涨 停，德科立、长芯博创、光库科技、中际旭创涨幅靠前；华为算力概念全天强势，中孚信息、博睿数据20cm涨停；AI应用端 活跃，三六零、宣亚国际、航天发展等多股涨停；下跌方面，贵金属板块全天调整，招金黄金跌幅居前；创新药板块大面积飘 绿，科兴制药跌幅居前。总体来看，个股跌多涨少，下跌个股超2700只。 截至收盘，沪指报3972.03点，跌0.46%；深成指报13202.00点，跌0.11%；创指报3105.20点，跌0.20%。 ...

11月17日消息，市场早盘震荡调整，深成指、创指盘中一度翻红。板块方面，军工板块早盘强势， 10cm涨停；华为算力概念震荡走强，垒知集团、等多股涨停；AI应用端逆势活跃，、等多股涨停；下 跌方面，贵金属板块弱势震荡，招金黄金跌幅居前；创新药板块陷入回调，跌幅居前；光伏设备板块大 面积飘绿，弘元绿能领跌。总体来看，个股跌多涨少，下跌个股超2900只。 截至午间收盘，沪指报3973.31，跌0.43%；深成指报13169.37点，跌0.35%；创指报3086.67点，跌 0.80%。 盘面上，能源金属、兵装重组概念、华为欧拉板块涨幅居前，贵金属、生物制品、光伏设备板块跌幅居 前。 热点板块： 1、AI应用端 宣亚国际直线拉升20cm涨停，三六零、航天发展等多股涨停。 消息面上，11月17日，阿里巴巴正式宣布"千问"项目全力进军AI to C市场。目前，千问App公测版已在 各大应用商店上架，并同步提供网页和PC版。 2、华为算力概念 博睿数据20cm涨停，（维权）、直真、、垒知集团、等多股涨停。 消息面上，记者获悉，华为将在11月21日发布AI领域的突破性技术，是通过软件创新实现英伟达、昇 腾及其他三方算力的统一 ...

Market Performance - On July 31, major indices experienced a downward trend, with the Shanghai Composite Index falling by 1.18%, the Shenzhen Component Index down by 1.73%, and the ChiNext Index decreasing by 1.66% [1] - The market saw a total trading volume of nearly 2 trillion yuan, with over 4,200 stocks declining [1] Sector Performance - Sectors that faced significant declines included coal, steel, shipping, oil, chemical fiber, real estate, non-ferrous metals, securities, insurance, aquatic products, and lithium mining [1] - Conversely, the pharmaceutical sector showed strength, with stocks like Nanjing New Pharmaceutical and Anke Bio reaching their daily limit [1] - The assisted reproduction concept and related stocks, such as A-share Gongtong Pharmaceutical and Lide Man, also saw substantial gains, with several stocks hitting their daily limit [6][8] Regulatory and Company News - *ST Guandao announced its stock would resume trading on July 31, 2025, amid risks of being forced to delist due to significant legal violations [3] - The company was under investigation by the China Securities Regulatory Commission (CSRC) since December 4, 2024, and received a notice of administrative penalty on June 13, 2025 [3] Policy Developments - The Beijing Municipal Government issued measures to enhance reproductive health services, including optimizing maternal and child healthcare resources and improving prenatal and postnatal care [8] - As of June 2025, 253 million people participated in maternity insurance, with total fund expenditures reaching 438.3 billion yuan [8] Gold Market Insights - The U.S. Federal Reserve maintained the federal funds rate target range at 4.25% to 4.50% [9] - In the first half of 2025, China's gold jewelry consumption decreased by 26%, while investment demand for gold bars and coins increased by 23.69% [9]

Market Overview - On July 31, major indices experienced a downward trend, with the Shanghai Composite Index falling by 1.18%, the Shenzhen Component Index down by 1.73%, and the ChiNext Index decreasing by 1.66% [1] - The market saw significant declines in sectors such as coal, steel, shipping, oil, chemical fiber, real estate, non-ferrous metals, securities, insurance, aquatic products, and lithium mining [1] - The total market turnover approached 2 trillion yuan, with over 4,200 stocks declining [1] Individual Stocks - Notably, *ST Guangdao, which resumed trading, hit the daily limit up, marking a "30cm" surge after a series of previous limit-up days and a subsequent suspension for investigation [1] - The company faces the risk of being subjected to mandatory delisting due to significant legal violations, as indicated by the China Securities Regulatory Commission's investigation and prior notice of administrative penalties [1] Assisted Reproductive Technology Sector - The assisted reproductive technology sector saw a strong performance, with stocks like A-share Gongtong Pharmaceutical, Lide Man, and Anke Bio hitting the daily limit up [2] - The Beijing Municipal Government issued a notice to enhance reproductive health services and improve maternal and child healthcare resources, which is expected to boost the sector [2] - As of June 2025, 253 million people participated in maternity insurance, with cumulative fund expenditures reaching 438.3 billion yuan, benefiting over 96 million people [2] Precious Metals Sector - The precious metals index continued its downward trend, with significant declines in companies such as Guoyan Platinum and Zijin Mining, which fell by over 4% [3] - The U.S. Federal Reserve maintained the federal funds rate target range at 4.25% to 4.50%, impacting market sentiment [3] - In the first half of 2025, China's gold jewelry consumption decreased by 26%, while investment demand for gold bars and coins increased by 23.69%, indicating a shift in consumer behavior due to high gold prices [3]

Market Overview - The Shanghai Composite Index reported at 3593.38 points, down 0.34%, while the Shenzhen Component Index was at 11160.3 points, down 0.29%, and the ChiNext Index at 2337.8 points, down 0.32% [1][2] - The trading volume in the Shanghai and Shenzhen markets reached 1.11 trillion yuan, a decrease of 94.5 billion yuan compared to the previous trading day, with over 3000 stocks declining [3][4] Sector Performance - The hydropower concept stocks experienced a correction, with Zhongshe Co. hitting the daily limit down, and other stocks like Shenwater and Iron Construction falling over 10% [2] - The AI application sector showed strength, with medical devices, education, glyphosate, and e-commerce sectors leading in gains [2] - The medical device sector saw significant gains, with stocks like Zhengchuan Co. and Kangtai Medical hitting the daily limit up, and Nanwei Medical rising over 12% [16][17] - The CRO (Contract Research Organization) sector was active, with Boteng Co. rising nearly 10% and other related stocks also gaining [18] Commodity Market - The main contract for polysilicon futures increased by 4%, reaching 54,280 yuan per ton [7] - The main contract for lithium carbonate futures hit the daily limit up, reaching 80,520 yuan per ton, with a rise of 7.99% [10] - The main contract for glass futures expanded its daily increase to 7%, reaching 1,349 yuan per ton [20] Banking Sector - Banking stocks showed strength at the beginning of the trading session, with Ningbo Bank rising over 5% [20]

Market Overview - The A-share market experienced narrow fluctuations with the overall performance being relatively flat, while the computer sector saw significant gains, with multiple stocks rising over 10% and hitting the daily limit [2][5] - The Hong Kong stock market also showed narrow fluctuations, with the Hang Seng Index mostly declining slightly [12][13] Sector Performance - In the A-share market, the computer sector led the gains, with a mid-session increase of over 2%. Notable stocks included Chuangyi Information, which hit a daily limit, and Lingzhi Software and New Zhiyuan Software, both rising over 15% [5][6] - Other sectors such as media, electronics, and automotive also showed strong performance [8] Notable Stocks - Chuangyi Information saw a price of 7.16 CNY, with a rise of 1.19 CNY, equating to a 19.93% increase [6] - Lingzhi Software reached 14.23 CNY, up 1.78 CNY, or 14.30% [6] - New Zhiyuan Software was priced at 22.53 CNY, increasing by 2.67 CNY, or 13.44% [6] - Changshan Beiming hit 22.56 CNY, with a rise of 2.05 CNY, or 10% [6] Bond Market - The convertible bond market saw the listing of Weicai Convertible Bond, which surged by 28% during the morning session. The bond was issued at a total of 1.175 billion CNY, with a face value of 100 CNY per bond [11] Private Equity Activity - In the Hong Kong market, the stock of Diseng Creation surged by over 43% upon resuming trading due to privatization news, with a proposed cancellation price of 7.2 HKD per share [3][15] - Another stock, Man Guan Group, also saw a significant rise of over 40% following an announcement regarding a share issuance agreement [16]