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) | ...

5月23日，A股开盘，上证指数低开0.10%，深证成指低开0.09%，创业板指低开0.12%。（编辑 王 俊勇） ...

Core Viewpoint - Company plans to hold an earnings presentation for the fiscal year 2024 and the first quarter of 2025 on May 30, 2025, to enhance investor understanding of its financial performance and operational results [2][3][4]. Group 1: Earnings Presentation Details - The earnings presentation will take place on May 30, 2025, from 13:00 to 14:45 at the Shanghai Stock Exchange Roadshow Center [4]. - The presentation will be conducted via video live stream and online interaction, allowing investors to submit questions in advance [3][5]. - Investors can submit questions from May 23 to May 29, 2025, through the Roadshow Center website or via the company's email [5][6]. Group 2: Guarantee Announcement - Company announced it will provide a guarantee of RMB 50 million for its wholly-owned subsidiary, Zhongbei (Anhui) New Energy Co., Ltd., which is not an affiliate of the company [9]. - The total amount of guarantees provided by the company to the subsidiary, including this new guarantee, is RMB 180 million [9]. - The company has a total of RMB 938.34 million in guarantees for subsidiaries, representing 45.99% of its latest audited net assets [11][14]. Group 3: Internal Decision-Making Process - The guarantee was approved during the fourth board meeting and the annual general meeting held on April 23 and May 20, 2025, respectively [12]. - The company plans to provide guarantees for subsidiaries up to RMB 1.95 billion for the year 2025, with an additional RMB 400 million specifically for Anhui New Energy [12]. Group 4: Subsidiary Information - Anhui New Energy has a registered capital of RMB 150 million and is involved in various energy-related services and technologies [12]. - The company maintains full control over Anhui New Energy, which allows it to manage and mitigate risks effectively [13].

（原标题：和讯投顾刘运：市场连阳但上升趋势明显疲软,明天大盘这么运行） 接下来下方3376一线的支撑一定要注意盯紧了。第二再来看看市场的核心数据，两市跌多涨少，个股行 情常态化是保持在超4000家下跌的状态，这样的涨跌幅比例很明显就是普跌，但是联系到今天没有跌多 少的指数，以及还能保持红色的k线散户不免是有一些五味杂陈，至此稍有疏忽就会对行情产生极大的 误判，成交量也出现了一定程度的萎缩，相比昨天同期缩量了超700亿，这是一个需要警惕的信号，如 果持续缩量下去，那就相当于是放弃了向上突破的机会。第三，盘口情绪方面，短线情绪看上去还是那 么如火如荼，但是真实的操作环境只有散户自己心里清楚，颇有一种有苦难言的无力感。趋势上大消费 方向暂时熄火了，近期活跃了这么些天，昨天盘后还出了利好，但是今天却没有得到加强，倒也没有出 现被大幅兑现的痕迹，继续观察后续表现即可。那么综合来看，今天就是银行护盘指数的局面，而银行 上涨对中小票来说就是最大的利空，所以最后总结A股今天的调整，破坏了昨天做好的技术指标，昨天 大盘日线KDJ做出了上攻姿态，但是今天低开低走，把这个指标呢走成了向下突破的姿势，那么明天A 股走势不容乐观，这是 ...

股指早报 20 年美债拍卖遇冷，A 股震荡反复 2025 年 5 月 22 日 股指期货早报 2025.5.22 报告摘要： 海外方面，近期虽然美联储、美国财政部对穆迪下调美信用评级 进行了预期管理，但市场对美国财政问题的担忧并未消退。周三 160 亿美元的 20 年期美国国债拍卖最终得标利率为 5.047%，突破 5%大 关，反映投资者对美国国债的情绪进一步恶化。隔夜市场走势来看， 美债利率拍卖遇冷风险资产，美元指数进一步回落，10 年期美债收 益上升至 4.6%，黄金上涨，美三大股指跌幅均在 1%以上，纳斯达克 中国金龙指数下跌 0.72%，离岸人民币汇率升值。关注美国资产资金 流出后流入新兴市场的迹象。 国内盘面上看，周三大盘低开震荡上涨 0.21%，深成指上涨 0.44%，创业板指上涨 0.83%，市场呈现指数震荡反弹，但个股缺走弱 的走势。板块依旧是电风扇行情。从一级板块上看，煤炭、有色、电 力设备、银行涨幅靠前，美容护理、电子、社会服务、传媒跌幅靠前。 全市场 1615 只个股上涨，3599 只个股下跌。消息上看，中国与东盟 十国全面完成中国—东盟自贸区 3.0 版谈判。 整体来看，隔夜美 10 ...

Market Overview - The A-share market experienced a decline with the Shanghai Composite Index falling by 0.22% to close at 3380 points, indicating a lack of positive market sentiment as only 80,087 stocks rose while 440,051 stocks fell [1] - The trading volume decreased significantly to 1.14 trillion, showing a clear reduction compared to the previous trading day, which raises concerns about market liquidity [1][2] Technical Analysis - The market is currently facing a technical requirement to break the 5-day moving average, as the index has not maintained sufficient volume over the past five days [2] - There is a double dead cross indicator on the 30-minute level, suggesting a need for technical correction and potential volatility in the near term [2][3] - The 60-day moving average is a critical level to watch, as a drop towards this average could lead to significant market fluctuations and a potential bearish trend if the market fails to recover [3][4] Sector Performance - The Shenzhen index fell by 0.72%, closing near the 5-day moving average, indicating a potential breach in the upcoming trading session [4] - The ChiNext index saw a decline of 0.96%, similarly pressured by the 60-day moving average, suggesting a cautious outlook for growth stocks [4] - The North Star index experienced a notable drop of 6.15%, with 17 stocks hitting the daily limit down, highlighting the risk in high-flying stocks and the need for caution in trading strategies [4]

A股开盘，上证指数跌0.17%，深证成指跌0.19%，创业板指平开。 ...

分析师：张刚 登记编码：S0730511010001 zhanggang@ccnew.com 021-50586990 电池汽车行业领涨 A 股小幅上扬 ——市场分析 相关报告 《市场分析：汽车消费行业领涨 A 股震荡上 行》 2025-05-20 《市场分析：航天地产行业领涨 A 股小幅波 动》 2025-05-19 联系人： 李智 周三（05 月 21 日）A 股市场冲高遇阻、小幅震荡上行，早盘股指平 开后震荡上行，盘中沪指在 3394 点附近遭遇阻力，午后股指维持震 荡，盘中汽车、电池、航运港口以及化学制药等行业表现较好；电 机、光学光电子、通用设备以及消费电子等行业表现较弱，沪指全 天基本呈现小幅震荡上行的运行特征。创业板市场周三震荡上行， 创业板成分指数全天表现强于主板市场。 ◼ 后市研判及投资建议 周三 A 股市场冲高遇阻、小幅震荡上行，早盘股指平开后震荡上 行，盘中沪指在 3394 点附近遭遇阻力，午后股指维持震荡，盘中汽 车、电池、航运港口以及化学制药等行业表现较好；电机、光学光 电子、通用设备以及消费电子等行业表现较弱，沪指全天基本呈现 小幅震荡上行的运行特征。当前上证综指与创业板指数的平均 ...