中油资本（000617.SZ）10月10日在投资者互动平台表示，公司参股企业昆仑资本参与投资聚变新能 （安徽）有限公司，该公司将致力于可控核聚变领域的探索与发展。在中国石油集团加快绿色转型发展 的背景下，昆仑资本出资聚变新能是在未来能源领域进行战略布局的具体体现。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：据悉公司通过中国石油集团昆仑资本有限公司间接参 股聚变新能（安徽）有限公司，请问是否属实？ ...

Investment Rating - The investment rating for the company is "Accumulate" with a target price of 30.99 CNY [5]. Core Insights - The company has successfully won the bid for a low-temperature liquid helium testing system project related to controlled nuclear fusion, marking significant progress in this strategic emerging industry [2][11]. - The company has actively participated in the energy and chemical construction in Xinjiang, achieving over one million cubic meters of oxygen production in the region during the first three quarters [2][11]. - The financial forecast indicates a steady increase in total revenue from 13.31 billion CNY in 2023 to 19.18 billion CNY in 2027, with a projected net profit of 1.22 billion CNY in 2026 [3][12]. Financial Summary - Total revenue is projected to grow from 13,309 million CNY in 2023 to 19,175 million CNY in 2027, reflecting a compound annual growth rate (CAGR) of approximately 9.6% [3][12]. - Net profit attributable to the parent company is expected to decrease from 1,216 million CNY in 2023 to 922 million CNY in 2024, before recovering to 1,355 million CNY by 2027 [3][12]. - Earnings per share (EPS) is forecasted to be 1.24 CNY in 2023, dropping to 0.94 CNY in 2024, and then gradually increasing to 1.39 CNY by 2027 [3][12]. Market Data - The current stock price is 26.80 CNY, with a market capitalization of 26,220 million CNY [6]. - The stock has a 52-week price range of 18.20 CNY to 27.13 CNY [6]. - The company has a net asset value per share of 9.69 CNY, with a price-to-book ratio of 2.8 [7]. Valuation Comparison - The average price-to-earnings (PE) ratio for comparable companies in 2025 is estimated at 28.95, with the company being assigned a PE of 29 for its valuation [13].

国庆长假后的首个交易日，A股市场用一场"金色风暴"宣告了它的归来。有色金属板块集体暴动，山金国际、中金黄金等个股创下历史新高，四川黄金更是 直接封住涨停板。与此同时，可控核聚变概念也不甘示弱，哈焊华通、合锻智能等个股纷纷涨停。 | 名称 | 序号 | 现价 | 涨跌 | 消 | | --- | --- | --- | --- | --- | | 上证指数 | 1 | 3908.18 | 25.41 | 0.6 | | 深证成指 | 2 | 13675.70 | 149.19 | 1.1 | | 北证50 | 3 | 1526.40 | -2.23 | -0. | | 月得全A | 4 | 6405.80 | 56.86 | 0.9 | | 科创20 | 5 | 1553.13 | 57.84 | 3.8 | | 创业板指 | 6 | 3276.00 | 37.84 | 1.1 | | 沪深300 | 1 | 4683.51 | 42.81 | 0.0 | | 中证500 | 8 | 7501.50 | 89.13 | 1.2 | | 中证800 | 9 | 5159.28 | 51.02 | 7.1 | | ...

2025.10. 10 本文字数：1322，阅读时长大约2分钟 作者 | 一财阿驴 沪指跌0.51%，深成指跌1.85%，创业板指跌3.4%。 盘面上，近期热门题材全线回调，锂电池、贵金属、半导体产业链跌幅居前，中芯国际、宁德时代双 双跌超6%；超硬材料、石墨烯概念逆势大涨，水泥、宠物经济、煤炭股走强。 | | | | 国家大基金持股 | -4.36% | +0.04% | | --- | --- | --- | --- | --- | --- | | 能源全 ■ | -4.28% | +0.22% | | | | | 日常 | -4.21% | +0.10% | 品车用 | | | | -4.13% | +0.1 4% | 半导体 | | | | | -4.1 0% | +0.04% | | | | | | DEAI 50 | -3.48% | -0.01% | MCU芯片 | | | | -3.34% | +0.02% | | | | | | 汽车零片 | -3.31% | +0.01% | F THE F | -3.23% | | | +0.03% | | | | | | | 同花顺果指数 | -3.2 ...

Market Overview - The A-share market experienced a decline on October 10, with major indices such as the Shanghai Composite Index down by 0.51%, the Shenzhen Component Index down by 1.85%, and the ChiNext Index down by 3.40% [1][2] Reasons for Market Decline - The decline in indices is attributed to three main factors: 1. Significant sell-off in the semiconductor sector, with companies like SMIC and Bawen Storage seeing their margin trading ratios drop to 0, although industry experts suggest that this should not be over-interpreted [2] 2. Other popular sectors, such as solid-state batteries, also faced collective adjustments, leading to profit-taking behaviors that may exacerbate market volatility [2] 3. Concerns over macroeconomic data from the U.S. have led to fears of bubble risks, with U.S. stock indices collectively declining overnight, including a drop of over 2% in the China concept stock index [2] Sector Performance - The brokerage, coal, and power sectors showed resilience, with stocks like Daya Energy hitting the daily limit [2] - The consumer sector performed well against the trend, with retail and food & beverage stocks leading the gains, such as Zhuangyuan Pasture achieving two consecutive limit-ups [3] - The construction materials and new urbanization sectors rebounded, with stocks like Jintou City Development hitting the daily limit [2] - Active stocks included Guangdong Mingzhu, which saw a limit-up due to positive third-quarter earnings forecasts [2] Active Sectors 1. **Consumer Sector** - The consumer sector showed strength, with retail and food & beverage stocks leading the gains, supported by data indicating a 2.7% year-on-year increase in sales for key retail and catering enterprises during the National Day and Mid-Autumn Festival [3] 2. **Controlled Nuclear Fusion** - Stocks related to controlled nuclear fusion remained active, with companies like Hahuan Huadong and Hezhuan Intelligent reaching new highs, driven by the news of the construction of China's nuclear fusion device BEST [4] Institutional Insights 1. **Xingye Securities** - Xingye Securities believes that a new round of upward momentum is building after the market's consolidation since September, with a focus on third-quarter earnings and sectors benefiting from the "14th Five-Year Plan" [5] 2. **Huatai Securities** - Huatai Securities suggests that the upward market trend may continue, especially with the upcoming third-quarter earnings reports and macroeconomic data releases [6][7] 3. **CICC** - CICC reports that the market has shown strong structural characteristics, with a focus on growth sectors, and recommends attention to industries such as AI computing, innovative pharmaceuticals, and battery technology [8]

10 月 10 日， A 股三大指数集体低开。截至发稿，创业板指数跌逾 2% ，科创 50 指数跌超 3% 。 盘面上，培育钻石、可控核聚变概念、稀土永磁概念、核能核电等板块走强，半导体、有色金属、房地产、化纤等板块回 调。 券商板块盘中快速冲高，锦龙股份涨超7%，国信证券、广发证券涨逾5%，国泰海通、招商证券纷纷上扬。 | ▼指 | 代码 名称 | | 涨幅%↓ | 现价 | 涨跌 | | --- | --- | --- | --- | --- | --- | | 1 | 000712 锦龙股份 | R | 7.13 | 15.18 | 1.01 | | 2 | 002736 国信证券 | R | 5.79 | 14.24 | 0.78 | | 3 | 000776 广发证券 | R | 5.30 | 24.42 | 1.23 | | 4 | 601688 华泰证券 | R | 3.17 | 23.11 | 0.71 | | 5 | 601211 国泰海道 | R | 3.05 | 19.26 | 0.57 | | б | 600999 招商证券 | R | 2.69 | 17.54 | 0.46 | | ...

光大期货金融期货日报 光大期货金融期货日报（2025 年 10 月 10 日） 一、研究观点 | 品种 | 点评 | 观点 | | --- | --- | --- | | | 昨日，A 股节后开门红，Wind 全 A 收涨 1.31%，成交额 2.67 万亿元，受到 | | | | 节日期间海外黄金大幅上涨的提振，国内有色金属股票全线上涨，拉动指数 | | | | 冲高，也使得大盘指数涨幅超过小盘。中证 1000 指数上涨 0.96%，中证 500 | | | | 指数上涨 1.84%，沪深 300 指数上涨 1.48%，上证 50 指数上涨 1.06%。节日 | | | | 期间，地缘事件引起较多关注：（1）日本新首相当选后日经指数继续上涨， | | | | 创历史新高，但其政策观点富有争议，后续仍可继续关注；（2）中东巴以冲 | | | | 突进一步扩大化，包括美国在内的多国陆续发生表态；（3）美国政府因新财 | | | 股指 | 年预算问题再次陷入停摆，后续债务问题仍需关注。国内方面，人民日报近 | 偏强 | | | 期连续发布"仲才文"署名文章，为"十五五规划"进行预热。根据政治局 | | | | 会 ...

我们不是资讯的搬运工 而是有态度的发现者 万和财富早班车 2025年10月10日 ● 国内金融市场 · | | | | 品种 | 收盘 | 涨跌幅 | 品种 | 收盘 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 上证指数 | 3933.97 | 1.32% | 上证当月连续 | 3023.8 | 1.18% | | 深证成指 13725.56 | | 1.47% | 沪深当月连续 | 4706. 4 | 1.49% | | 创业板指 | 3261.82 | 0.73% | 恒生期货指数 | 34558. 69 | -0. 29% | 宏观消息汇总 1.近日,国家发展改革委已会同财政部,向地方下达了今年第四批 690亿元超长期特别国债支持消费品以旧换新资金。 2.据交通运输部消息,10月1日至8日(中秋国庆假期),累计全社会 跨区域人员流动量预计24.32亿人次,日均3.04亿人次,同比增长 6.2%。 二、行业最新动态 1.BEST项目建设取得关键突破，核聚变产业化加速，相关个股： 西部超导(688122)、新风光(688663)等。 2。可承受20000次 ...

Market Overview - A-shares experienced a strong opening on October 9, with the Shanghai Composite Index breaking through 3900 points, reaching a ten-year high at 3933.97 points, up 1.32% [1] - The Shenzhen Component Index rose 1.47% to 13725.56 points, while the ChiNext Index increased by 0.73% to 3261.82 points [1] - Total trading volume in the Shanghai and Shenzhen markets reached 26,532 billion yuan, a significant increase of 4,718 billion yuan compared to the previous trading day [1] Sector Performance - The majority of industry sectors saw gains, with precious metals, energy metals, and steel industries leading the rise, while tourism and real estate services faced declines [1] - The precious metals sector saw a notable increase, with 12 stocks in the sector, 4 of which hit the daily limit, and the smallest gain being 5.3% for Hunan Gold [2] Key Drivers - The market's upward momentum was attributed to two main factors: accelerated recovery of margin financing and positive performance in overseas markets, particularly in artificial intelligence and non-ferrous metals [1] - The price of gold surpassed 4000 USD/ounce, driven by increased risk aversion due to the U.S. government shutdown, ongoing global central bank gold purchases, and expectations of interest rate cuts by the Federal Reserve [2] Technical Analysis - The market showed strong bullish signals, with all three major indices in a bullish arrangement, particularly the Shanghai Composite Index, which is expected to continue rising and may reach 4000 points soon [3] - The MACD indicator showed a reduction in green bars, and the KDJ line indicated an upward trend, suggesting further upward movement in the coming days [3] Company Spotlight - Jinbei Electric, a company specializing in the research, production, and sales of wire and cable products, saw its stock hit the daily limit, primarily due to the favorable sentiment surrounding the controllable nuclear fusion concept [3] - The company reported a net profit of 296.28 million yuan for the first half of 2025, with a year-on-year growth rate of 7.46% [3] - Jinbei Electric's products are utilized in various nuclear power stations and are involved in projects related to the nuclear fusion industry, enhancing its market position [3]

Core Viewpoint - The A-share market experienced a historic breakthrough on October 9, with the Shanghai Composite Index closing at 3933.97 points, marking a 1.32% increase and reaching the 3900-point threshold for the first time in ten years, the highest since August 2015 [1][2][3]. Market Performance - The market exhibited a broad-based rally, with over 3100 stocks rising and nearly 100 stocks hitting the daily limit up. The total trading volume surged to 2.67 trillion yuan, an increase of 4746 billion yuan compared to the previous trading day, indicating heightened market activity [1][2]. - The Shanghai Composite Index opened above 3880 points and reached a peak of 3942.61 points during the day. The Shenzhen Component Index rose by 1.47% to 13725.56 points, while the ChiNext Index increased by 0.73% to 3261.82 points [2]. Sector Performance - Precious metals, technology, and resource stocks were the main drivers of the index's rise. The precious metals sector surged due to international gold prices exceeding $4000, leading to a wave of limit-up stocks [4]. - The semiconductor sector also saw significant gains, with companies like Huahong Semiconductor and SMIC reaching historical highs. The demand for AI is expected to boost semiconductor sales significantly, with projections indicating a rise from less than 5% in 2022 to 27% by 2025 [5]. - The technology sector experienced a "blooming" effect, particularly in controlled nuclear fusion concepts, which saw a 6% increase, reaching a historical high [4][6]. Investment Outlook - Various institutions maintain an optimistic outlook for the market, anticipating a "red October" driven by the upcoming third-quarter reports and favorable policy expectations. They suggest focusing on sectors with sustained high prosperity and potential recovery [7]. - Recommended sectors for investment include non-ferrous metals, power equipment, machinery, automotive, electronics, and media, with a particular emphasis on AI, semiconductors, and renewable energy [7].