亚商投顾熊舞老师提醒大家：股市有风险，投资需要多加小心，避免不必要的风险。 一、大盘 1.盘面 上证指数早盘大幅高开，随后先回调再小幅拉升，午后窄幅震荡，截止收盘，指数上涨0.87%，收出小阴线，全天成交额9386亿，相比上交易日的8468亿， 增加了918亿。 深证成指早盘大幅高开，随后先跌后涨，午后小幅回落，截止收盘，指数上涨1.36%，收出十字线，全天成交额1.26万亿，相比上交易日的1.14万亿，增加 了1200亿。 2.技术分析 1）【美拟以"国家安全"为由对约六个行业加征新一轮关税】当地时间23日，美国媒体报道称美国政府正考虑以"国家安全"为由，对约六个行业加征新一轮 关税。知情人士称，拟议关税可能涵盖大型电池、铸铁及铁制配件、塑料管道、工业化学品以及电网和电信设备等行业。这些新关税将独立于近期宣布的全 球15%关税措施单独实施。 5.综述 今日市场冲高回落，创业板指盘中一度涨超2%。热点快速轮动，全市场超4000只个股上涨，其中109只个股涨停。个股普涨，市场情绪大幅回暖。 图片来源：东方财富 上证指数今日高开后偏强震荡，继续依托5日线稳步上行。短期来看，震荡蓄势的格局未改。从技术面观察，MAC ...

马年首个交易日，A股喜迎"开门红"！2月24日，A股三大股指均高开超1%，开盘后保持震荡态势，创业板指一度涨超2%。截至收盘，上证综指、深证成 指、创业板指涨幅有所收窄，其中上证综指收涨0.87%。指数大涨之下，A股交投氛围火爆，沪深北三市当日合计成交额约2.22万亿元，较上一交易日出现 放量。此外，A股超4000只个股上涨，投资者赚钱效应明显。 交易行情显示，2月24日，A股三大股指集体大幅高开，开盘后震荡走高，不过之后三大股指有所回落。截至收盘，上证综指、深证成指、创业板指分别收 涨0.87%、1.36%、0.99%，分别报4117.41点、14291.57点、3308.26点。 盘面上，油气成为马年开年最强板块，当日油服工程板块领涨，板块内掀起涨停潮。其中，通源石油、潜能恒信"20cm"涨停，中油工程、中曼石油、准油 股份等多股涨停。具体来看，通源石油当日高开10.11%，开盘后公司股价迅速拉升，随后封上涨停板，截至收盘，通源石油收于涨停价12.82元/股。 国联民生研报显示，市场默认地缘事件已成为影响全球风险偏好的核心风向标，其对商品价格的脉冲式冲击尤为显著。 分析认为，当前市场担忧美伊冲突，影响霍尔 ...

Market Performance - A-shares opened positively on the first trading day after the Lunar New Year, with the Shanghai Composite Index rising by 0.87% to 4117.41 points, and the Shenzhen Component Index increasing by over 1% [1][2] - The total market turnover exceeded 2 trillion yuan, with over 4,000 stocks rising and 111 stocks hitting the daily limit [1][2] Sector Performance - Defensive sectors showed strong performance, with resource stocks experiencing a rebound; leading sectors included energy equipment, oil and gas, and precious metals [1][2] - The hard technology sector also performed well, particularly in optical modules (CPO) and optical communication, while several large model concepts in AI and the film and media sector declined [1][2][3] Analyst Insights - Analysts noted that the market's strong performance was supported by resource stocks, which helped lift the indices; the Shenzhen Component Index rose by 1.36% and the ChiNext Index by 0.99% [2][4] - Geopolitical risks and inflation expectations have led to a surge in resource sectors, while AI applications and media sectors showed significant pullbacks [3] Future Market Outlook - Analysts predict that the market will continue to trend upwards, particularly with the upcoming "Two Sessions" and a potential increase in policy-driven market activity [4][5] - Two main investment themes are suggested: one focusing on sectors benefiting from improved supply-demand dynamics and industry profitability, and the other on key areas such as humanoid robots, gaming, and semiconductor industries [6] Investment Strategy - The recommended strategy is to focus on individual stocks rather than indices, as trading activity is expected to increase post-holiday [5] - The humanoid robot sector is highlighted as having strong support from both policy expectations and capital inflows, with a favorable trading environment [6]

Core Viewpoint - The A-share market experienced a strong opening on the first trading day after the Lunar New Year, with major indices showing positive performance, particularly in resource and hard technology sectors [1][2][4]. Market Performance - On February 24, the Shanghai Composite Index rose by 0.87% to 4117.41 points, while the Shenzhen Component increased by over 1% and the ChiNext Index gained 0.99%. The total market turnover exceeded 2 trillion yuan, with over 4000 stocks rising and 111 stocks hitting the daily limit [1][2][3]. - The market saw a strong performance in defensive sectors, with resource stocks experiencing a rebound. Key sectors such as energy equipment, oil and gas, and precious metals led the gains [1][3][4]. Sector Analysis - The hard technology sector also showed significant strength, particularly in optical modules (CPO) and optical communication concepts, which saw notable increases. In contrast, several large model concepts, including AI applications and the film and media sector, experienced declines [1][4]. - The human-robot concept stocks opened high, reflecting investor interest in this emerging technology [2][3]. Analyst Insights - Analysts suggest that the market's overall performance is promising, with resource stocks providing substantial support to the indices. The Shenzhen Component rose by 1.36%, indicating active growth in certain sectors [4]. - Geopolitical risks and uncertainties in global trade policies are seen as short-term disturbances, but they do not alter the mid-term trends. The expectation of a stronger renminbi and upcoming policy influences from the "Two Sessions" are expected to support the market [6][7]. Investment Strategies - Analysts recommend focusing on structural opportunities rather than broad index movements. Key investment themes include sectors benefiting from improved supply-demand dynamics and industry profit recovery, such as non-ferrous metals, basic chemicals, and construction materials [7][8]. - The robot sector is highlighted as having dual support from policy expectations and capital inflows, with a strong performance anticipated due to ongoing demand for new productive forces and smart manufacturing [8].

Core Viewpoint - The company, Slin Intelligent Drive, is experiencing a decline in stock price and trading volume, while also benefiting from the depreciation of the RMB and its classification as a "specialized and innovative" small giant enterprise in China [1][3]. Group 1: Company Performance - On February 24, Slin Intelligent Drive's stock fell by 3.29%, with a trading volume of 949 million yuan and a market capitalization of 39.291 billion yuan [1]. - For the period from January to September 2025, the company achieved a revenue of 581 million yuan, representing a year-on-year growth of 4.38%, and a net profit attributable to shareholders of 140 million yuan, with a year-on-year increase of 2.17% [7]. - The company has a significant overseas revenue share of 68.37%, benefiting from the depreciation of the RMB [3]. Group 2: Product Development - The company is in the early stages of mass production for its harmonic reducers, which are essential components for various types of robots, including industrial and humanoid robots [2]. - In 2025, the company successfully developed and mass-produced high-performance new products, including low-energy bearings and self-locking hub bearings, while also achieving key technological breakthroughs in electric motor bearing systems for new energy vehicles [2]. Group 3: Shareholder and Market Analysis - As of September 30, 2025, the number of shareholders decreased by 13.12% to 14,700, while the average number of circulating shares per person increased by 14.92% to 6,615 shares [7]. - The top ten circulating shareholders include notable funds, with some increasing or decreasing their holdings significantly [8]. - The average trading cost of the stock is 172.23 yuan, with the current price near a support level of 163.31 yuan, indicating potential volatility [6].

科创创业ETF国泰（588360）跟踪的是科创创业50指数（931643），单日涨跌幅限制达20%，该指数从 科创板与创业板中选取市值较大的50只新兴产业上市公司证券作为指数样本，以反映代表性新兴产业的 整体表现。指数聚焦于电子、电力设备、通信、医药生物等行业，强调科技属性和创新成长性，行业配 置相对均衡。 （文章来源：每日经济新闻） 2月24日，科技行情节后启动，科创创业ETF国泰（588360）收涨超1.1%。 华创证券指出，科技+顺周期仍是市场主线，节奏上科技有望率先启动。春节期间国内科技产业催化不 断：国产大模型的普及和应用显示居民对AI的接受度持续提升，中国AI大模型有望实现弯道超车；同 时，四家机器人企业登上春晚展示，显示出中国人形机器人产业在集群控制、硬件制造和量产能力上的 优势。从配置看，康波周期下的科技博弈有望继续打开估值上限，短期受益于产业催化，机器人、AI 相关产业链有望率先反应。结构上应关注算力硬件、AI应用、机器人、智能驾驶、储能等领域。 ...

港股汽车ETF国泰（520720）跟踪的是港股通汽车指数（931239），该指数从港股通范围内选取涉及整 车制造、零部件及智能驾驶等业务的上市公司证券作为指数样本，以反映汽车产业相关上市公司证券的 整体表现。该指数聚焦于汽车领域，体现高研发投入和成长性特点，侧重反映智能驾驶与新能源汽车的 发展趋势。 （文章来源：每日经济新闻） 国海证券指出，汽车以及产业链仍在大的技术变革周期中，具体表现为：自主品牌高端化升级，智能化 加速渗透，具身智能量产落地。特斯拉在美国得州工厂下线首辆无人驾驶出租车Cybercab，完全自动驾 驶汽车商业化进程加速，或推动共享出行模式向低成本与规模化方向演进，进一步推动出行行业向无人 化与高效化转型。同时，人形机器人产业正从实验室走向大众视野，或将有助提升公众对具身智能的认 知接受度，推动技术向更多场景加速落地。 2月24日，港股汽车ETF国泰（520720）收涨超1.6%，行业技术变革周期催化板块表现。 ...

2025年8月，美国联邦陪审团裁定特斯拉对事故负有责任，认定其承担33%的过错责任，需支付4300万 美元补偿性赔偿金和2亿美元惩罚性赔偿金。 特斯拉随即发起反击。当月，特斯拉方面律师提交了一份长达71页的文件，要求法院驳回裁决或重新审 判，称该裁决"违背了佛罗里达州基本侵权法、正当程序条款和常识"，并声称庭审中提及CEO埃隆·马 斯克关于Autopilot的言论误导了陪审团。 该案件源于2019年发生在美国佛罗里达州的一起致命车祸。当时，车主驾驶一辆开启Autopilot系统的特 斯拉Model S。行驶过程中，车主弯腰去捡掉落的手机，车辆径直冲过一个停车标志和一个闪烁红灯的 路口，撞上一辆停着的汽车，导致一死一重伤。 股价承压的直接导火索，来自一起让特斯拉付出高昂代价的Autopilot诉讼案。上周五，美国联邦法官驳 回了特斯拉要求推翻陪审团裁决的请求，判定特斯拉在一起致命事故中需承担2.43亿美元（约合人民币 16.76亿元）赔偿责任。这意味着特斯拉在初审法院层面彻底败诉。 截至当地时间2月23日（周一）收盘，特斯拉股价下跌2.91%，报收399.83美元，总市值跌破1.5万亿美 元。 特斯拉的"多事之 ...

全市场超4000只个股上涨。 2月24日，A股三大指数集体上涨。截至收盘，沪指涨0.87%，深成指涨1.36%，创业板指涨0.99%。科创 综指跌0.61%。 | 代码 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | 000001 上证指数 | 4117.41 | 35.34 | 0.87% | | 399001 深证成指 | 14291.57 191.38 | | 1.36% | | 881001 万得全A | 6828.58 | 71.78 | 1.06% | | 000680 科创综指 | 1798.21 -10.97 -0.61% | | | | 399006 创业板指 | 3308.26 | 32.31 | 0.99% | 【资金流向】 盘面上，油气、贵金属、培育钻石板块涨幅居前，影视院线、游戏、文化传媒板块走低。 具体来看，油气板块掀涨停潮，通源石油、中油工程、准油股份等十余股涨停。 | 代码 | 名称 | 涨幅� | 珊介 | | --- | --- | --- | --- | | 920088 | 科力股份 | +26.03% | 54.61 ...

开源证券认为，2026年春晚机器人"出圈"，商业化预期全面升温，港股机器人板块率先大涨，板块情绪 全面激活；特斯拉依据既定量产框架稳步推进人形机器人从Gen2.5到Gen3的迭代升级，2026年有望延 续节奏实现规模化量产，人形机器人板块有望开启全年大贝塔行情。 国证机器人产业指数聚焦人形机器人本体和核心零部件，成分股涵盖三花智控、领益智造等人形机器人 零部件产业链公司，合计权重近80%，领跑其他同类指数。机器人ETF易方达（159530）最新规模超 175亿元，位居同标的指数ETF第一，助力一键打包人形机器人板块核心标的。 （文章来源：每日经济新闻） 2月24日，人形机器人板块大幅高开后回落。截至14:20，国证机器人产业指数下跌0.8%，机器人ETF易 方达（159530）盘中净申购超7000万份，该产品春节前已连续10个交易日获资金加仓，合计11亿元。 消息面上，人形机器人板块近日迎来多重催化。2026年央视春晚中，国产人形机器人完成后空翻、跑酷 等高难度动作，运动能力获集中展示；荣耀也宣布将推出其首款人形机器人，成为首家入局的手机厂 商，科技巨头加紧布局进一步印证该赛道的战略价值。 ...