资金面上看，今日数字货币概念板块获主力资金净流出60.71亿元，其中，77股获主力资金净流出，28 股主力资金净流出超亿元，净流出资金居首的是拉卡拉，今日主力资金净流出5.89亿元，净流出资金居 前的还有小商品城、楚天龙、新国都等，主力资金分别净流出5.63亿元、4.48亿元、3.72亿元。今日主 力资金净流入居前的概念股有恒宝股份、金证股份、金一文化等，主力资金分别净流入9.76亿元、3.21 亿元、1.01亿元。（数据宝） 截至6月27日收盘，数字货币概念下跌1.44%，位居概念板块跌幅榜前列，板块内，小商品城、华铭智 能、科创信息等跌幅居前，股价上涨的有22只，涨幅居前的有金一文化、恒宝股份、芯原股份等，分别 上涨10.13%、9.99%、6.09%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 铜缆高速连接 | 3.22 | 跨境支付(CIPS) | -1.95 | | 金属锌 | 3.11 | 可燃冰 | -1.88 | | 金属铅 | 2.55 | 数字货币 | -1.44 | | 摘帽 | ...

本文由 AI 算法生成，仅作参考，不涉投资建议，使用风险自担 股票名称 "雄帝","恒宝","一家科技股300046","002104" 板块名称 "军工","大金融","信创软件","电池","数字货币","高端装备","汽车配件","消费" A股市场、精选个股、实战班 看多看空（看多） 文本中提到股指继续向3500进发热度高，军工等多个板块表现活跃，题材全面 开花，个股有较多机会，实战班也取得了较好的收益，这些都显示出A股市场的积极态势，所以 看多。 台子搭好了，继续唱戏，扩散！ 火爆（25.6.26午评） 和讯自选股写手 风险提示：以上内容仅作为作者或者嘉宾的观点，不代表和讯的任何立场，不构成与和讯相关的任何投 资建议。在作出任何投资决定前，投资者应根据自身情况考虑投资产品相关的风险因素，并于需要时咨 询专业投资顾问意见。和讯竭力但不能证实上述内容的真实性、准确性和原创性，对此和讯不做任何保 证和承诺。 （原标题：股指继续向3500进发，热度较高） 当前股指继续向3500进发，热度较高。板块方面，军工各方向大涨，或受9月3日抗战胜利80周年及155 规划元年影响，资金涌入明显；大金融搭好台，题材唱戏，信 ...

6月27日涨停分析 今日共54股涨停，连板股总数9只，27股封板未遂，封板率为67%（不含ST股、退市股）。焦点股方面，高标新通联上演"天地板"行情，市场连板高度压缩 至4连板，其中大金融板块弘业期货一字涨停晋级4连板，固态电池概念股大东南T字涨停收获4连板，此外PCB板块的中京电子走出8天5板。 | 股票名称 | 板数 | 涨跌幅 | 涨停时间 | 上涨逻辑 | | --- | --- | --- | --- | --- | | 诚邦股份 | 2天2板 | 9.96% | 09:36 | 存储芯片 | | 603316 | | | | | | 农尚环境 | 首板 | 20.00% | 09:42 | 算力+芯片 | | 300536 | | | | | | 和而泰 | 首板 | 10.00% | 10:18 | 参股摩尔 | | 002402 | | | | 线程 | | 太龙股份 | 首板 | 20.01% | 13:59 | 未言体 | | 300650 | | | | 分销 | | 胜科纳米 | 首板 | 19.99% | 14:56 | 次新+芯片 | | 688757 | | | | | | 新恒 ...

Group 1 - Digital currency concept stocks experienced a significant decline in the afternoon trading session [1] - Xiaoshangcheng (小商品城) hit the daily limit down, indicating a strong sell-off [1] - Huaming Intelligent (华铭智能), Kexin Information (科创信息), and Xincheng Technology (新晨科技) all fell over 5% [1] Group 2 - Other companies such as Xinan Century (信安世纪), Feitian Chengxin (飞天诚信), Youbouxun (优博讯), Changliang Technology (长亮科技), and Chuangshijia Technology (创识科技) also followed the downward trend [1]

Group 1 - The Chicago Mercantile Exchange (CME) has updated its Bitcoin commodity trading volume report as of June 26 [1] - The report is available for viewing on the Jin10 data center [1] - The update is part of ongoing efforts to provide insights into cryptocurrency trading activities [1]

Market Overview - The A-share market is influenced by the recent performance of the US stock market, with major indices showing collective gains and tech stocks, particularly Nvidia, reaching significant market capitalizations [1] - The re-initiation of US-Iran nuclear talks and the unpredictability of Trump's tariff policies may introduce volatility into the market [1] Technical Analysis - The Shanghai Composite Index is experiencing fluctuations between 3430 and 3480 points, with a potential upward trend if trading volume exceeds 1.6 trillion yuan [3] - The ChiNext Index has seen substantial short-term gains, prompting caution regarding profit-taking [3] Fund Flow - Northbound capital recorded a net purchase of 5.03 billion yuan, although there was some outflow in the afternoon [3] - Domestic capital is shifting towards defensive sectors such as military and financial technology, while major outflows are noted in computing, electronics, and automotive sectors [3] Policy Environment - Recent favorable policies include accelerated military asset consolidation and the deepening of digital currency trials, which may present opportunities in related sectors [3] - The upcoming consumption stimulus for replacing old products is expected to benefit the consumer sector [3] Upcoming Events - A press conference commemorating the 80th anniversary of the victory in the War of Resistance is anticipated to boost sentiment in the military sector [4] - The solid-state battery conference on July 3 may highlight relevant companies [4] - The final ruling on US-China tariffs on July 9 could pressure the technology sector [4] Investment Strategy - Investors are advised to focus on policy-driven sectors such as military, digital currency, and AI computing, maintaining a position of around 60% [4] - Aggressive investors may consider increasing their positions to 70% if the index stabilizes above 3450 points, while conservative investors should focus on high-performance stocks like solid-state batteries and AI computing [4]

Group 1 - The U.S. House of Representatives is planning to advance cryptocurrency legislation using a special procedure, bundling the Stablecoin Regulatory Framework Act ("Genius Act") with the Cryptocurrency Market Structure Act ("Clarification Act") for simultaneous voting [1] - The "Genius Act" focuses on standardizing stablecoin regulations and has already passed the Senate with bipartisan support, while President Trump has urged the House to expedite the legislative process without adding extra provisions [1] - There is uncertainty regarding the Senate version of the bill in the House, and the cryptocurrency industry is increasingly recognizing that bundling the stablecoin bill with the more controversial market structure legislation may help overcome obstacles [1] Group 2 - The current legislative timeline shows a dual-track approach, with the Senate Banking Committee Chairman Tim Scott promising to move the market structure bill out of committee by the end of September, while the Agriculture Committee may also get involved, adding complexity to the bill's passage [2] - House Republican aides indicate that leadership is weighing the best approach to satisfy the White House's efficiency demands while balancing differing regulatory views within the party [2] - The legislative battle over the digital currency regulatory framework is entering its final sprint phase [2]

26日，三大股指早盘强势震荡，午后在保险、券商等板块的拖累下回落走低。截至收盘，沪指跌0.22% 报3448.45点，深证成指跌0.48%报10343.48点，创业板指跌0.66%报2114.43点，北证50指数跌近1%，沪 深北三市合计成交16235亿元。行业方面，半导体、医药、保险、券商、汽车等板块走低，军工、旅游 餐饮、石油、银行等板块拉升，军贸概念、海洋经济、数字货币概念等活跃。 东莞证券表示，在海外主要经济体降息预期升温、国内经济基本面延续稳定、以及市场风险偏好有所修 复的多重因素共同作用下，A股短期或仍显韧性。展望后市，需持续关注中美经贸关系走向及其对外需 的潜在影响，以及国内经济基本面在外部扰动下的韧性表现。7月中报披露窗口临近，基本面信号将成 为市场关注焦点，预计市场将呈现震荡修复格局。 今日投资机会解析 证券公司虚拟资产业务开展有望进入快车道 6月24日，中国人民银行、中国证监会等六部门联合印发《关于金融支持提振和扩大消费的指导意 见》；次日，国泰君安国际发布公告，已获虚拟资产交易服务许可。 中信证券指出，金融支持消费《指导意见》有望提高证券公司投行业务景气度，国泰海通香港子公司获 虚拟资产 ...

Group 1 - Digital currency concept stocks are experiencing a strong rebound, with several stocks hitting new highs and significant gains, including Hengbao Co., which is locked at the daily limit, and Sifang Jingchuang, which rose over 6% [1] - The Financial Technology ETF (159851) has seen a 2% increase, reaching new highs and achieving a trading volume of over 3.5 billion yuan, indicating active trading [1][4] Group 2 - The Hong Kong government has released the "Hong Kong Digital Asset Development Policy Declaration 2.0," which will implement licensing management for digital asset trading and custody services [3] - Tianfeng International Securities, a subsidiary of Tianfeng Securities, has upgraded its license to provide virtual asset trading services, reflecting the growing regulatory framework for stablecoins [3] - The global regulatory policies are improving, which is expected to promote the compliant and stable development of the stablecoin industry, as evidenced by the rising stock price of Circle, the first stablecoin company to go public [3] Group 3 - The Financial Technology ETF (159851) and its linked funds are recommended for investment, covering various themes such as internet brokerage, financial IT, cross-border payments, and AI applications [4] - As of June 18, the Financial Technology ETF (159851) has a scale exceeding 4.8 billion yuan, with an average daily trading volume of over 500 million yuan in the past six months, highlighting its scale and liquidity advantages [4]

证券研究报告 2025 年 06 月 27 日 | 市场数据 | | | | --- | --- | --- | | 指数名称 | 收盘 | 涨跌% | | 上证指数 | 3448.45 | -0.22 | | 深证成指 | 10343.48 | -0.48 | | 创业板指 | 2114.43 | -0.66 | | 科创 50 | 989.97 | -0.57 | | 北证 50 | 1424.56 | -0.91 | | 沪深 300 | 3946.02 | -0.35 | A 股市场概览 | 类别 | 总市值 | 流通市 | 市盈率 | 市净率 | | --- | --- | --- | --- | --- | | | (亿元) | 值(亿元) | PE | PB | | 上证指数 | 670812 | 519298 | 12.37 | 1.28 | | 深证成指 | 227202 | 186030 | 20.17 | 2.13 | | 创业板指 | 59338 | 46996 | 27.66 | 3.85 | | 科创 50 | 34603 | 22828 | 54.31 | 4.16 | | 北证 ...