9股被"去杠杆"。 10月9日，据券商中国记者了解，包括东方财富证券、国融证券、东方证券在内的多家券商确认将中芯国际、 佰维存储、路桥信息等9只A股股票的融资融券折算率统一调整为零。该调整消息爆出后，中芯国际、路桥信 息等均出现明显跳水走势。 对于此番调整的原因，各券商的解释高度一致，此举是依据交易所融资融券的相关规则执行，即个股静态市盈 率如果超过300倍，或者为负数的情况下，融资融券折算率调整零。 值得注意的是，此次个股折算率调整是券商正常动态风控措施的一部分，一旦相关股票静态市盈率降低至300 以下，折算率将会相应的恢复。 券商中国记者注意到，除了东方财富证券，东方证券和国融证券也在9月30日官网发布了类似的公告，因静态 市盈率异常，将中芯国际、佰维存储、天马科技、瑞晟智能科技、曼恩斯特、宏辉果蔬、永鼎股份、路桥信 息、哈空调的折算率均调整为0，上述调整自10月9日正式生效。 10月9日，上述消息披露后，中芯国际H股收报83.5港元/股，下跌6.7%，中芯国际A股收报138.91元/股，下跌 0.87%；路桥信息收报38.01元/股，下跌17.24%；宏辉果蔬收报9.12元/股，下跌2.46%。 据悉， ...

Core Viewpoint - The article discusses the significant increase in the valuation of dividend indices following the annual report updates, attributing this rise to the use of static price-to-earnings (PE) ratios by the China Securities Index, which contrasts with the rolling PE ratios used by other platforms [3][10]. Valuation Changes of Dividend Indices - The valuation of various dividend indices has seen notable changes, with the PE ratios increasing significantly post-annual report updates. For instance, the Dividend Index's PE rose from 7.19 to 8.71, marking a 21.14% increase, while the dividend yield remained stable at 7.10% [7]. - The China Securities Dividend Index also experienced a PE increase of 22.46%, from 7.88 to 9.65, with a slight decrease in dividend yield [7]. - The low-volatility dividend indices showed a lower increase in PE ratios, indicating a more stable valuation compared to single-factor dividend indices [8]. Industry and Sample Performance - The analysis of the China Securities Dividend Index reveals that 58 out of 100 sample companies experienced a decline in profit year-on-year, with an average profit drop of 12.99% [16][17]. - Revenue performance was similarly affected, with 60% of the sample companies reporting a decline in revenue, averaging a decrease of 3.89% [17]. - Industries facing profit declines include coal, transportation, steel, media, and construction materials, while banking and public utilities showed stable profit growth [19][20]. Conclusion on Dividend Indices - The overall valuation increase in dividend indices is primarily driven by the decline in profits among key sectors like coal and steel, leading to a significant rise in PE ratios. Despite this, the indices maintain a stable profit outlook, suggesting that investors can hold onto these indices without excessive concern [20][21].

4连板安记食品：最近交易的换手率高于前期水平 智通财经4月18日电，安记食品(603696.SH)发布异动公告，截止2025年4月18日，公司静态市盈率93.95 倍，市净率5.21，换手率为10.27%，最近交易的换手率高于前期水平。公司提醒广大投资者注意二级市 场交易风险，理性投资。 ...