（原标题：和讯投顾刘文博：A股缩量成交10099亿，一个信号突显） 蓝筹股相信在本周剩下的4个交易日，甚至可能就在明天，行情很有可能出现大幅度波动。如果这里变 盘向上，那我们就值得期待下一波上涨；如果这里变盘向下，那么蓝筹股这次抄底可能就错了，我们也 会陆续把仓位撤出来。不管对错，最重要的是执行力，这次我做到了。但有时候，不管你再努力，行情 不给机会，可能也赚不到钱。希望大家都能够淡然面对。 今天早盘市场表现还不错，个股普遍上涨。但由于缺乏量能配合，加上权重股的走弱，10:30之后指数 快速回落。银行股带头往下砸，直接把上证指数砸绿了。今天上午最低的时候，我们的一部分仓位甚至 局部跌破了持股线。但因为11:30收回来了，所以不算有效跌破，上午我们满仓没动。下午的行情逐渐 好转，虽然指数量能没有放大，反而还在萎缩，但我们可以看到市场中的个股涨幅不断扩大，代表众多 小盘股的黄线也在不断攀升，平均股价在临近收盘时创出了今天的最高点。所以，虽然权重股表现弱， 但今天个股的韧性还是很强的。 今天市场透露出一个非常重要的信号：两市量能只有10338亿。很多人说量能还没破万亿，今天有什么 值得强调的？其实大家错了。别忘了， ...

Market Overview - The trading activity in the market has continued to decline, with the total transaction amount in the Shanghai, Shenzhen, and Beijing markets reaching only 1,033.9 billion yuan on May 26, a decrease of nearly 150 billion yuan compared to the previous day, marking a new low since April 18 [1][10] - Year-to-date, the trading volume on this day ranks as the fifth lowest for A-shares [1] Sector Performance - Among the 31 first-level sectors, only the media and banking sectors saw an increase in trading volume compared to the average levels from the previous week, with increases of 3 billion yuan and 30 billion yuan respectively [3] - Conversely, sectors such as machinery, defense, basic chemicals, and automotive experienced significant declines, with reductions exceeding 10 billion yuan [3][6] Market Capitalization Insights - Small and mid-cap stocks showed a more pronounced decline in trading activity compared to large-cap stocks, with the trading volume for indices like the CSI 2000 and CSI 1000 dropping significantly, while the Shanghai 50 and CSI 300 indices saw slight increases [6] - The North Star 50 index also experienced a notable decrease in trading volume [6] Individual Stock Activity - A total of 17 stocks recorded trading volumes exceeding 1 billion yuan compared to the previous week's average, with notable mentions including BYD, Shanghai Electric, and Wuliangye [7] - Conversely, 10 stocks saw their trading volumes drop by over 1 billion yuan, particularly in the defense and automotive sectors [7] ETF Market Trends - The overall trading volume for A-shares has been declining, with the total transaction amount falling below 1.1 trillion yuan for the first time this month, nearing the 1 trillion yuan mark [10] - The trading volume for stock ETFs and cross-border ETFs today totaled 98.38 billion yuan, marking the first day since April 29 to fall below 100 billion yuan [12] Notable Stock Performances - Despite the overall market cooling, some stocks achieved record trading volumes, with 9 stocks hitting all-time highs, including Ruichi Intelligent Manufacturing and Changfu Co [13] - Additionally, 59 stocks recorded new highs for the year, indicating pockets of strong performance amidst the broader market decline [13]

近年来，指数型基金产品越来越受资金关注。李春瑜表示，工具化基金产品凭借其风格清晰、运作透明 等优势，日益成为投资者进行资产配置的重要选择。特别是在当前市场环境下，随着投资者对多元化投 资工具需求的持续增长，这类产品的市场认可度不断提升，展现出较强的生命力。 本周启动募集的6只债券型基金中，被动指数型债券基金、混合型债券基金和中长期纯债型基金各有2 只。 在A股市场持续震荡之际，基金发行热度呈现出持续回升的趋势。公募排排网数据显示，按认购起始日 统计，本周(5月26日至6月1日)全市场合计有37只新基金启动募集，涉及28家公募管理机构。值得一提 的是，本周启动募集新基金数量创下近七周新高，同时较前一周大增48.00%。 从基金类型来看，混合型基金成募集主力，本周全市场共有18只基金启动募集，占到启动募集基金总量 的48.65%。股票型基金本周共有13只基金启动募集，占到总量的35.14%。债券型基金本周共有6只基金 启动募集，占到总量的16.22%。 对于当前基金发行热度持续回升的情况，融智投资FOF基金经理李春瑜表示，权益类产品持续获得市场 青睐，主要受益于双重驱动因素：一方面，政策红利持续释放叠加市场情绪回 ...

Core Viewpoint - The A-share market is experiencing a volatile adjustment phase, with significant divergence among the three major indices, indicating a need for investors to focus on individual stock fundamentals and industry trends rather than relying solely on index movements [3][5]. Market Performance - The Shanghai Composite Index closed flat with a change of 0.00%, while the Shenzhen Component Index fell by 0.08%, and the ChiNext Index declined by 0.33%, highlighting a clear divergence in market performance [3]. - The micro-cap stock index rose over 2%, reaching a new historical high, suggesting a preference among some investors for small-cap stocks due to their high elasticity and easier capital mobilization [4]. Trading Volume and Market Sentiment - Trading volume in the Shanghai and Shenzhen markets decreased significantly compared to the previous trading day, indicating a cautious sentiment among market participants [5]. - The reduction in trading volume suggests a large divergence between buyers and sellers, which may limit the market's upward potential, although it could also indicate a period of consolidation before potential recovery [5]. Sector Performance - The market displayed a clear sectoral divergence, with the port, ST, mergers and acquisitions, and food sectors showing gains, while humanoid robots, small metals, liquor, and insurance sectors experienced declines [7][8]. - The port sector's rise is attributed to marginal improvements in foreign trade data and supportive policies for the logistics industry, while the ST sector's strength is linked to expectations of asset restructuring [7]. - The decline in the humanoid robot sector is primarily due to profit-taking after previous gains, while the small metals sector is affected by fluctuations in international commodity prices [8]. Future Outlook - Despite the current market's adjustment phase, there are still structural opportunities available, particularly in sectors with strong policy support such as new energy and digital economy [10]. - Investors are advised to consider stable, reasonably valued stocks in the consumer and pharmaceutical sectors while maintaining a cautious approach to manage market volatility [10].

5月26日，A股开盘，上证指数低开0.05%，深证成指低开0.17%，创业板指低开0.25%。（编辑 王 俊勇） ...

A股开盘，上证指数跌0.05%，深证成指跌0.17%，创业板指跌0.25%。 ...

Core Viewpoint - The company, Yifeng Pharmacy Chain Co., Ltd., is set to hold an annual performance briefing for 2024 and the first quarter of 2025 on June 3, 2025, to provide insights into its operational results and financial status [2][3][4]. Group 1: Performance Briefing Details - The performance briefing will take place on June 3, 2025, from 15:00 to 16:00 [4]. - The event will be held at the Shanghai Stock Exchange Roadshow Center and will utilize video and online interaction for communication [4][5]. - Investors can submit questions for the briefing from May 27 to June 2, 2025, through the Roadshow Center website or via the company's email [2][5]. Group 2: Management Participation - Key participants in the briefing will include the Chairman and CEO, Mr. Gao Yi, the Financial Officer, Mr. Wang Yonghui, the Board Secretary, Mr. Fan Wei, and the Independent Director, Mr. Huang Chunan [4]. Group 3: Shareholding and Reduction Plan - Prior to the reduction plan, the Executive President, Mr. Gao Youcheng, held 201,600 shares, representing 0.0166% of the total share capital, while the Assistant President, Mr. Yan Jun, held 99,600 shares, representing 0.0082% [8]. - The reduction plan was disclosed on January 24, 2025, with a maximum reduction of 75,300 shares planned, which was successfully executed within the specified timeframe [9][10].

Group 1 - The core viewpoint indicates that the A-share index is experiencing a significant decline, with a focus on short-term fluctuations and potential rebounds in the market [1][2] - The Shanghai Composite Index and Shenzhen Component Index are currently below the 5-day moving average, suggesting that any observed structures are likely to be short-lived rebounds [1] - The analysis highlights that there was a substantial outflow of main funds in the afternoon session, which is viewed negatively for market sentiment [1] Group 2 - The 120-minute structure for the Shenzhen Component Index indicates a completed five-wave pattern, with a need for a pullback to the 60-week moving average [2] - The Shanghai Composite Index also shows a completed five-wave structure on the 120-minute chart, suggesting a similar requirement for a pullback to the 60-week moving average [2] - The expectation for the upcoming week includes a potential rebound, but it is contingent on the 5-minute structure and the completion of the 120-minute structure [2]

Core Viewpoint - The recent decline in A-shares is primarily attributed to institutional capital exiting the market, but there are signs that suggest potential buying interest from official-backed funds, indicating a possible stabilization in the future [1][2]. Group 1: Market Trends - The A-share market has shown a consistent downward trend across major indices, including the Shanghai, Shenzhen, ChiNext, and North Exchange, indicating a coordinated sell-off by institutional investors [1]. - The North Exchange experienced the most significant decline, with a notable divergence in volume and price, where trading volume increased during the downturn, suggesting active buying alongside selling [1]. Group 2: Institutional Behavior - The analysis suggests that the buyers during the recent downturn are likely to be funds with official backing, as evidenced by the market's ability to maintain a horizontal trend despite selling pressure [2]. - The low trading volume in the afternoon indicates that the selling pressure was largely absorbed, leading to a stabilization in the North Exchange [2]. Group 3: Future Market Outlook - If the government is committed to supporting the indices, the market may stabilize as selling pressure can be fully absorbed, leading to a more stable market direction in the future [2].

上天天基金APP搜索【777】开户即可领98元券包 ，优选基金10元起投！限量发放！先到先得！ 近日，电投能源、金风科技、健友股份等多家上市公司披露了最新的前十大流通股东名单。 其中，作 为长线资金代表的社保基金组合和养老保险基金组合频频现身，并对部分个股出手买入或加仓。 以电投能源为例，5月19日，公司披露的截至2025年4月30日的前十大流通股股东名单显示，全国社保基 金一一八组合持有该股2413.22万股，相较于一季度末的2363.15万股增加了50万股。值得一提的是，全 国社保基金一一八组合在今年一季度新进电投能源的前十大流通股股东名单。 （图片来源：东方财富Choice数据，统计截至2025/4/30，不作投资推荐） 根据金风科技5月16日发布的公告，截至5月13日，全国社保一零二组合和社保基金16012组合分别持有 该股1750.8万股、1481.62万股，位居第八和第九大流通股股东。其中，相较于一季度末，社保基金 16012组合二季度以来对该股加仓了323.61万股。 | 股东名称 | 股东 股 | 持股数量(股) | 占总股本比例(%) | 占无限售流通股比例 | 较上期持股变动数(股) | ...