政策面最近可是暖风频吹，军工资产整合加速，阅兵催化加上央企重组，相关板块可能会有机会。数字货币试点深化，跨境支付扩容，金融科技板块也值得 关注。消费以旧换新资金7月到位，这对消费板块来说是个利好。不过大家也得注意，LPR降息预期要是没兑现，金融股可能会调整，拖累指数。 消息面上，国新办今天10点有个抗战胜利80周年发布会，可能会强化军工板块的情绪。固态电池大会7月3日召开，相关企业可能会有表现。另外，中美关税 终裁7月9日临近，科技板块可能会承压，大家得留意。 综合来看，今天市场可能会延续震荡上行的趋势，但波动可能会加剧。操作上，中长线投资者可以围绕政策主线布局，重点关注军工、数字货币、AI算力 这些板块。仓位控制在6成左右比较合适，激进的朋友如果指数站稳3450点，可以加仓到7成，但要注意别追高题材股。稳健的朋友就维持现有仓位，聚焦业 绩确定性高的标的，比如固态电池、AI算力。 最后提醒大家，地缘政治反复、政策落地节奏、技术面超买这些风险因素都得考虑进去。市场现在是既兴奋又紧张，咱们得保持理性，别被情绪左右。好 了，今天的分析就到这儿，有什么问题欢迎在评论区留言，咱们明天接着聊。 各位朋友，我是帮主郑重。今 ...

NO.2开源证券：继续看好券商板块 开源证券指出，提经济、稳股市政策态度延续，货币政策适度宽松，证券行业基本面向好，估值处于低 位，基准约束有望带来资金回补，当下继续看好券商板块。选股方面推荐三条主线：(1)低估值、零售 业务具有优势的头部券商；(2)高beta弹性的金融科技标的；(3)受益于港股市场IPO扩容和活跃度提升的 香港交易所及海外业务占比高的头部券商。 ｜2025年6月27日星期五｜ NO.1华西证券：红利、科技、消费、军工等品种均值得关注 华西证券（002926）指出，本轮行情快速上涨，主要是稳市资金流入后，市场上修波动预期的结果。在 此前的低波预期下，"稳市资金推动行情企稳"这一增量信息足以对行情形成超预期推动效果。从两轮行 情的复盘来看，本轮行情适合以分散化的方式博弈，红利、科技、消费、军工等品种均值得关注；同 时，若市场在大幅上涨后动能减弱，隐含波动率大幅回落，则可能是观点分歧&行情切换的转折点。 NO.3中信证券：运营商电信业务整体回暖，看好运营商基本面改善 中信证券研报表示，2025年前5个月，通信业经济运行数据逐月提升(工信部)：电信业务收入累计完成 7488亿元，同比增长1.4%( ...

01 市场概况 2025年6月26日，三大指数集体收跌，其中沪指下跌0.22%，收报3448.45点；深证成指下跌0.48%，收报10343.48点；创业板指 下跌0.66%，收报2114.43点。今日两市成交额15829亿元，与上个交易日相比减少约196亿元。 盘面观察 指数上看，市场全天冲高回落，核心宽基指数悉数下跌，微盘股指数、红利指数领涨，科创100、深创100领跌。 | 市场 | 指数简称 | 今日涨跌幅↓ | 5日涨跌幅 | 30日涨跌幅 | 今年以来 | | --- | --- | --- | --- | --- | --- | | A股 | 红利低波 | 0.3% | 2.0% | 3.6% | 5.2% | | | 中证2000 | -0.2% | 4.1% | 4.8% | 13.0% | | | 上证指数 | -0.2% | 2.6% | 2.0% | 2.9% | | | 沪深300 | -0.4% | 2.7% | 1.0% | 0.3% | | | 中证A500 | -0.4% | 2.5% | 0.8% | 0.1% | | | 中证500 | -0.4% | 2.8% | 2. ...

军工信息化概念资金流入榜 | 代码 | 简称 | 今日涨跌幅 | 今日换手率 | 主力资金流量（万 | 主力资金净流入比率 | | --- | --- | --- | --- | --- | --- | | | | （%） | （%） | 元） | （%） | | 000561 | 烽火电 子 | 5.31 | 21.27 | 21574.29 | 15.76 | | 600855 | 航天长 峰 | 7.26 | 17.22 | 9913.23 | 8.86 | | 603232 | 格尔软 件 | 9.99 | 13.80 | 9739.53 | 18.07 | | 688201 | 信安世 纪 | 20.02 | 14.39 | 7844.76 | 14.65 | | 603712 | 七一二 | 1.85 | 3.66 | 5508.06 | 9.52 | | 003029 | 吉大正 元 | 10.01 | 1.32 | 4348.87 | 55.27 | | 300036 | 超图软 | 2.87 | 4.93 | 3734.03 | 11.28 | | --- | --- | --- | --- ...

Group 1: Hong Kong Digital Asset Policy - The Hong Kong government released the "Hong Kong Digital Asset Development Policy Declaration 2.0" on June 26, reaffirming its commitment to making Hong Kong a global innovation center in the digital asset field [1] - This update follows the first declaration in October 2022 and clarifies the roadmap for establishing an international virtual asset center in Hong Kong [1] - The new policy marks a shift from "framework construction" to "full implementation," with breakthroughs in retail market access, stablecoin regulation, and tokenized government bonds expected to drive significant capital inflow [1] Group 2: Market Reactions and Developments - Huachuang Securities remains optimistic about the further development and improvement of Hong Kong's cryptocurrency and virtual asset trading ecosystem, noting that the regulatory framework is becoming more complete [1] - Guotai Junan International received approval from the Hong Kong Securities and Futures Commission to upgrade its existing securities trading license to provide virtual asset trading services, leading to a nearly 200% surge in its stock price [1] - As of June 24, a total of 40 institutions have upgraded their licenses to provide virtual asset trading services, indicating a growing participation in the market [1] Group 3: Stablecoin Concerns - The Bank for International Settlements issued a warning about stablecoins, stating that they may pose risks to financial stability and monetary sovereignty if not properly regulated [2] - The Hong Kong Monetary Authority's president also emphasized the need for a cautious perspective on stablecoins, suggesting a cooling sentiment in the market [2] Group 4: A-Share Market Overview - The A-share market experienced a collective pullback, with the Shanghai Composite Index down 0.22%, and the Shenzhen Component and ChiNext Index down 0.48% and 0.66%, respectively [3] - The total trading volume in the Shanghai and Shenzhen markets reached 1.5832 trillion, a slight decrease from the previous day [3] Group 5: Sector Performance - The military industry sector saw gains, driven by expectations surrounding the upcoming military parade in September, with historical data suggesting potential for significant price movements in this sector [6] - The innovative drug sector faced a decline, with a 1.34% drop in the sector index, following a period of short-term gains and subsequent corrections [7] - The adjustment of the basic medical insurance directory and commercial insurance for innovative drugs is expected to expand the domestic innovative drug market [8]

Market Performance - As of June 26, the DRG/DIP concept index rose by 1.97%, ranking fifth among concept sectors, with 16 stocks increasing in value [1] - Notable gainers included Kechuang Information, which hit a 20% limit up, and Huayu Software, Guoxin Health, and Digital Certification, which rose by 4.75%, 3.69%, and 3.50% respectively [1] - The sectors with the highest and lowest daily performance included the Military Equipment Restructuring concept at +8.73% and the Photolithography Machine concept at -1.48% [1] Capital Flow - The DRG/DIP concept sector saw a net inflow of 412 million yuan, with 14 stocks receiving net inflows, and 5 stocks attracting over 30 million yuan each [1] - Kechuang Information led the net inflow with 205 million yuan, followed by Guoxin Health, Huayu Software, and Digital Certification with net inflows of 69.67 million yuan, 64.82 million yuan, and 47.87 million yuan respectively [1] - The top three stocks by net inflow ratio were Kechuang Information at 20.10%, Guoxin Health at 13.05%, and Huayu Software at 11.15% [2]

Market Overview - The market experienced a slight decline with all three major indices falling. The military industry sector showed strong performance, with stocks like Wanlima and Great Wall Military reaching their daily limit. Stablecoin concept stocks also gained traction, with Jida Zhengyuan and Jingbeifang hitting their limits. Solid-state battery concepts were active, with Tianji Co. and Shanghai Xiba reaching their limits. Bank stocks performed well, with 11 bank stocks, including Industrial and Agricultural Bank, reaching historical highs. In contrast, the innovative drug sector saw declines, with Rongchang Bio dropping over 18%. Overall, more than 3,600 stocks in the Shanghai and Shenzhen markets fell, with a total trading volume of 1.62 trillion [1]. Hot Topics RWA - The RWA concept saw significant gains, with Jida Zhengyuan achieving four consecutive limits and Jingbeifang two consecutive limits. The China Mobile Communications Association is seeking "RWA ecological partners" nationwide, planning to select 20 units to establish an "RWA Joint Laboratory" [4][5]. - RWA is viewed as a bridge between real-world assets and web3.0, facilitating financing from web2.0 to web3.0. It utilizes blockchain technology to convert tangible or intangible assets into digital tokens, allowing cryptocurrency holders to invest in fixed-income products, thus diversifying assets and sharing risks [5][6]. Military Industry - The military sector experienced a notable rise, with Long Wall Military achieving six limits in seven days, alongside stocks like Wanlima, Hunan Tianyan, and Guorui Technology also performing well. A significant event is scheduled for September 3, where a grand ceremony will be held in Tiananmen Square, showcasing domestically produced military equipment [7][8]. Computing Power - The computing power sector also showed positive performance, with stocks like Shidai Wanheng, Yanhua Intelligent, and Jingwang Electronics reaching their limits. New Yi Sheng, a leader in CPO technology, saw a 5% increase, reaching a historical high [10][11]. - CPO technology is expected to drive significant changes in the optical communication industry, with a projected compound annual growth rate of 65% from 2020 to 2032. The domestic PCB/CCL industry leaders are anticipated to benefit from the tight supply-demand situation in high-end production [12].

6月中旬，深耕核生化安全行业的捷强装备（300875.SZ）借军工概念东风，股价从月内低点 25.51元飙 涨超110%，股价最高一度攀升55.58元，随后股价有所回落。 然而6月25日的深夜一则公告，让近日追进捷强装备的散户投资者们惴惴不安。 昨晚，捷强装备突然抛出因实控人被刑拘、公司被调查立案而导致3年前中标的1.58亿元大单"无法实际 承接"的消息。这一消息距本月初收到监察委《立案通知书》仅时隔两周，也直接导致公司6月26日股价 开盘大跌，最终以44.57元报收，单日微跌 1.22%。 更加严峻的是，公司基本面早已显露颓势：自2020年公司上市以来，净利润持续走弱，2024年更是创下 2.78 亿元亏损纪录。尽管2025年一季度亏损收窄至518万元，市场刚燃起业绩回暖的预期，这纸大单告 吹的公告给公司扭转业绩蒙上一层阴影。 实控人刑拘后遗症凸显 按照昨晚深夜捷强装备发布的公告内容，一年前（2024年6月26日）公司实际控制人、董事长兼总经理 潘峰因涉嫌职务犯罪被国家某监察委员会立案调查并实施留置，有了新的进展。 捷强装备称，收到潘峰家属转交的检察机关出具的对潘峰的《拘留通知书》，潘峰目前"因涉嫌单位行 ...

答：公司披露了子公司海达新能源与安徽赛拉弗能源有限公司 签订《采购框架合同》，海达新能源按照协议约定向赛拉弗供 应全面屏边框产品，赛拉弗在 2026 年 6 月 30 日前预计采购总 量为 3.7GW 配套产品。 全面屏边框方案产品（也有客户称为"瀑布屏"、卡扣产 品）采用"短边框+简易包边" 形式，是子公司海达新能源技 术团队"跳出框框"、打破惯性思维、自主研发的原创性产品， 是基于对橡胶性能的理解率先开发的新结构产品。 公司开发全面屏卡扣短边框产品的初衷是提高安全性、可 靠性。对于组件厂商来说，降低成本并不是选择替代产品的首 要考虑，更重要的是产品的 RAMS（即可靠性、可用性、可维 护性、安全性）。经过客户的验证，公司的全面屏卡扣短边框 产品具有轻量化、防积灰、静载动载性能优等，且因遮挡少， 可使光照面积增多进而提升发电量，从而赢得了客户的认可。 证券代码：300320 证券简称：海达股份 江阴海达橡塑股份有限公司投资者关系活动记录表 编号：2025-05 | 投资者关系活动 | ■特定对象调研 □分析师会议 | | --- | --- | | 类别 | □媒体采访 □业绩说明会 | | | □新闻发布 ...

具体来看，军工股再度爆发，截至收盘，华强科技20%涨停，建设工业、中光学、长城军工等多股涨停。 银行股继续走强，工商银行、农业银行、建设银行、中国银行、江苏银行、南京银行、杭州银行、北京银行等续创历史新高。 油气股午后崛起，准油股份涨停，通源石油涨超7%，科力股份、首华燃气、贝肯能源等多股大涨。 创新药概念跌幅居前，荣昌生物跌超18%，悦康药业跌超9%，昂利康、迈威生物、海辰药业等多股下挫。 创新药、稀土永磁、半导体、消费电子、光伏、汽车零部件概念股跌幅靠前；稳定币、军工、固态电池题材逆势走强，油气股午后 崛起。 6月26日，三大股指集体收跌，沪指跌0.22%，深成指跌0.48%，创业板指跌0.66%。全市场超1600只个股上涨，超3600只个股下 跌。 | 全A | | --- | | 涨 1620 | | 平 191 | | 跌 3607 | | A股成交额 | | 16234亿 | | | | A股重要指数 | | | --- | --- | --- | --- | | 名称 | 最新 | 涨跌 | 涨幅 | | 上证指数 | 3448.45 | -7.52 | -0.22% | | 深证成指 | 10 ...