除此之外，我们也可以看到今天券商终于收红了，我们说这个券商想止跌要先出个红星。今天啊能起到 一个红星止跌的作用，那么才有可能引发波动啊攻击。那么一旦券商只要动一下，那么整个大盘就会站 到3500点，到了3500点上方，3670这个套牢盘就是下一个解放的目标。所以说我们现在的大盘，我认为 它在蓄势的概率比较大，我们要做的就是耐心的等待它的这个最终的突破性 K线出现。 今天的大盘又是一个小阴小阳星的震荡，那么大盘能不能突破3450？和讯投顾王海洋表示，从今天的表 现来看的话，大盘极有可能会选择中阳突破3450 3500点，那么去挑战3650这一带的万亿套牢盘的释 放。那么今天大盘虽然没有大涨，但是这个地方能够在这个地方停留一周多，也就说明这个地方主力在 尝试着叙事，那么现在就差一个突破性的k线，那么为什么说这个地方大概率可能会产生突破？那么具 体的我们切换到指数的走势来看，今天上证指数虽然是个小阳星，没有创造新高，没有实质性突破，但 是我们可以看到深证指数已经率先突破，已经创了新高，创业板也创了新高，而且是一个没有放什么量 的新高，那么这个地方各大指数，尤其是创业板和深证都有一个创新高的动作，而且科创板这个今天也 ...

Group 1 - The A-share market has shown strong performance in the first half of the year, with over 3,700 stocks achieving positive returns and the total market capitalization surpassing 100 trillion yuan, setting a solid foundation for the second half of the year [1] - The China Securities Regulatory Commission (CSRC) has emphasized the direction of "strengthening the home market" to enhance the attractiveness and competitiveness of the A-share market, indicating that more effective measures will be implemented to promote growth [1][2] - There has been a significant recovery in the profit-making effect of the A-share market compared to the same period last year, particularly in the technology innovation sector, with the North China 50 Index rising nearly 40% [1] Group 2 - A series of deepening reform measures are being gradually implemented to enhance the A-share market's attractiveness, including a shift from a financing-focused market to an investment-focused one, and strict enforcement against illegal activities to protect investors' interests [2] - The influx of foreign capital into the A-share and Hong Kong markets continues, while domestic savings are expected to shift towards the capital market, as the real estate market struggles to attract significant investment [2] - The A-share market is anticipated to enter a structural bull market in the second half of the year, with the Shanghai Composite Index having risen over 800 points, or more than 20%, from last year's low [3] Group 3 - The CSRC's focus on strengthening the home market is expected to significantly boost investor confidence and enhance the investability of the A-share market, contributing to a wealth effect that can stimulate consumption and drive economic growth [4] - A thriving capital market is seen as essential for building a strong financial nation, and the strengthening of the capital market is likely to lead to a slow and steady bull market [4]

证券时报·数据宝统计，截至（7月3日）收盘，沪指报3461.15点，涨6.36点，涨幅为0.18%；深成指报 10534.58点，涨121.96点，涨幅为1.17%；创业板指报2164.09点，涨40.37点，涨幅为1.90%。个股方 面，今日118只A股换手率超过20%，其中，欣灵电气、逸豪新材等7只个股换手率达五成以上，半数筹 码易主。（数据宝） 7月3日两市换手率居前个股一览 | 证券代码 | 证券简称 | 收盘价（元） | 换手率（%） | 涨跌幅（%） | | --- | --- | --- | --- | --- | | 301388 | 欣灵电气 | 28.12 | 64.19 | -5.00 | | 301176 | 逸豪新材 | 32.64 | 57.71 | 20.00 | | 001298 | 好上好 | 38.68 | 55.09 | 10.01 | | 001255 | 博菲电气 | 33.27 | 54.08 | -5.38 | | 301312 | 智立方 | 47.06 | 54.05 | 5.09 | | 603280 | 南方路机 | 26.90 | 51.16 | -3. ...

证券分析师 牟瑾瑾 A0230524100002 mujj@swsresearch.com 陆灏川 A0230520080001 luhc@swsresearch.com 王雪蓉 A0230523070003 wangxr@swsresearch.com 王胜 A0230511060001 wangsheng@swsresearch.com 研究支持 牟瑾瑾 A0230524100002 mujj@swsresearch.com 2025 年 07 月 03 日 前期预案集中落地，回购增持实施 金额大幅增长 ——上市公司回购增持月度跟踪（2025 年 6 月） 相关研究 《市场有所回暖，回购增持随之降温 ——上市公司回购增持月度跟踪 （2025 年 5 月）》 2025/06/17 《政策推动+市场行为：回购增持规 模大幅增长——上市公司回购增持 月度跟踪（2025 年 4 月）》 2025/05/07 联系人 牟瑾瑾 (8621)23297818× mujj@swsresearch.com 本研究报告仅通过邮件提供给 中庚基金 使用。1 ⚫ 2024 年 9 月 24 日，国务院举行新闻发布会，央行行长潘功 ...

截至2025年7月3日 14:02，A500ETF易方达(159361)上涨0.71%，盘中换手4.93%，成交6.76亿元。 A500ETF易方达(159361)紧密跟踪中证A500指数，中证A500指数从各行业选取市值较大、流动性较好 的500只证券作为指数样本，以反映各行业最具代表性上市公司证券的整体表现。 A500ETF易方达(159361)的管理费率为0.15%，托管费率为0.05%，均为行业最低水平，能为投资者节省 投资成本。 联接A：022459 联接C：022460 联接Y：022930 以上内容与数据，与有连云立场无关，不构成投资建议。据此操作，风险自担。 A500ETF易方达(159361)具备跟踪优质指数、费用低、交易优势大、方便场外参与以及投资分散化、跟 踪市场表现、透明度高和适合长期定投等特点和优势，备受市场关注。 中原证券认为，长期资金入市步伐加快，ETF规模稳步增长，保险资金持续流入，形成显著的托底力 量。美联储6月议息会议维持利率不变，但降息路径仍存不确定性，若释放明确降息信号将显著提振全 球风险偏好。预计短期A股市场以稳步震荡上行为主，仍需密切关注政策面、资金面以及外盘的变化 ...

A股创业板指日内涨超2%，深证成指日内涨1.21%，上证指数日内涨0.22%，两市超3000家个股飘红。 ...

7月2日，上交所发布最新的A股新开户数据，今年6月A股新开户约165万户，上半年累计新 开户数达到1260万户，较2024年上半年累计新开户数949万户增长超32%。 6月A股新开户约165万户 从2024年年报来看，多数券商开户数量实现正增长，并为业绩带来明显助力。 中信建投证券年报显示，2024年证券经纪业务新开发客户199.02万户，同比增长62.73%， 高净值客户数量创近5年新高。中国银河证券2024年客户数新增180万户左右，增长约 12%。中金公司2024年买方投顾规模创历史新高，客户数量大幅增长，新增开户超170万 户。 上半年累计新增逾千万户 上交所官网最新数据显示，今年6月A股新开户约165万户，其中，个人投资者开户163.8万 户，机构投资者开户0.84万户。这一数据较今年5月的156万户环比增长6%，远超去年6月的 107.6万户，同比大增53.35%。 上半年，A股新开户在1月份平稳开局，新开户数为157万户；2月达到284万户，环比接近翻 倍；3月达到306.55万户；4月下降至192.44万户；5月受假期影响再度回落，下降至156万 户，6月小幅拉升至165万户。 3月的开户潮引 ...

Group 1 - Dongguan Bank's IPO process has been updated to "accepted" status by the Shenzhen Stock Exchange, indicating a potential recovery in its long IPO journey [1] - The bank plans to issue up to 781 million shares, representing 25% of its post-issue total share capital, to raise funds for capital replenishment [1] - The bank's IPO application has faced multiple interruptions, including a halt due to expired financial data earlier this year [1] Group 2 - The A-share IPO market has seen a 14% year-on-year increase in the first half of this year, with 50 companies listed and raising 37.1 billion yuan [2] - The banking sector has been particularly affected by regulatory changes, with no new bank IPOs since Lanzhou Bank's successful listing in 2022 [2][4] - Despite challenges, the banking sector is showing signs of recovery, with improved stock performance and investor interest [2][4] Group 3 - Dongguan Bank has maintained a strong capital position, with a core Tier 1 capital adequacy ratio of 9.41% and a total capital adequacy ratio of 13.85% as of the end of Q1 this year [5] - The bank's non-performing loan ratio is at 1.01%, which is competitive among its peers in the city commercial bank sector [6] - The bank's asset quality is supported by its focus on the Guangdong-Hong Kong-Macao Greater Bay Area and effective risk management practices [6]

Group 1 - The Shanghai Composite Index increased by 0.08% as of July 3, 2025, with notable gains from Industrial Fulian (up 7.84%), Changchun High-tech (up 7.45%), and Pengding Holdings (up 6.43%) [1] - The Shanghai 300 ETF (159919) has achieved a four-day consecutive increase, with a trading volume of 139 million yuan during the session [4] - Over the past month, the Shanghai 300 ETF has seen a significant growth of 1.988 billion yuan, indicating strong market interest and leverage funding [4] Group 2 - As of July 2, 2025, the Shanghai 300 ETF's net asset value has increased by 16.81% over the past year, with a maximum monthly return of 25.64% since its inception [4] - The top ten weighted stocks in the Shanghai 300 Index account for 22.76% of the index, with Kweichow Moutai and CATL being the most significant contributors [4][6] - The financial sector is expected to outperform growth, consumption, and cyclical sectors in the second half of the year, with a focus on high-dividend stocks and industries like metals and new materials [7]

以下文章来源于创业板观察 ，作者王晨 创业板观察 . 创业板观察致力于发布深交所创业板的市场发展、政策变化、监管导向、上市企业动态等的及时信息， 提供有价值的市场资讯。 2025年6月，A股市场新开户数达165万户，环比上月有所回升，2025年上半年已累计新开 1260万户。 如何看165万新开户数？2025年1月A股新开户总数仅为157万户，2月的284万户实现了近翻 倍增长，3月突破了300万户，4月因关税摩擦市场震荡环比下降37.22%，5月环比4月有所回 落，6月有所回升，环比增长5.84%。 放在去年月度新开户数据中来看，与2024年6月新增108万户开户数相比，同比增长达53%。 结合2024年全年开户数据对比，165万户高于去年的6个月份：2月（130万）、4月（147 万）、5月（127万）、6月（108万）、7月（115万）、8月（100万）。 截至6月底，A股累计新开户1260万户，与去年同期（949万户）相比，增长32.79%，上半 年圆满收官，奠定全年新开户稳健基础。 6月新开户数回升，一个重要因素在于A股赚钱效应回升 ，三大指数均大幅上涨，上证指数涨 2.9%，并在6月突破3450点 ...