证券研究报告 2025 年 11 月 26 日 星期三 【A 股市场大势研判】 市场全天震荡拉升，创业板指涨近 2% 市场表现： | 指数名称 | 收盘点位 | 涨跌幅 | 涨跌 | 上证指数分时图 | | --- | --- | --- | --- | --- | | 上证指数 | 3870.02 | 0.87% | 33.26 | | | 深证成指 | 12777.31 | 1.53% | 192.23 | | | 沪深 300 | 4490.40 | 0.95% | 42.36 | | | 创业板 | 2980.93 | 1.77% | 51.89 | | | 科创 50 | 1302.17 | 0.43% | 5.56 | | | 北证 50 | 1396.84 | 0.78% | 10.80 | | 资料来源：东莞证券研究所，iFinD 数据 板块排名： 周二，市场全天震荡拉升，创业板指涨近 2%。三大指数集体高开，沪指高开 0.36%， 深成指高开 0.85%，创业板指高开 1.42%。随后指数走强，创业板指拉升涨逾 2%。截至午 盘收盘，指数集体走强，沪指涨超 1%。盘面上，算力硬件概念延续强势 ...

抗流感概念股拉升 11月25日，A股市场呈现普涨态势，三大指数同步走强，成交量有所放大，市场做多情绪升温。截至收 盘，上证指数涨0.87%，深证成指涨1.53%，创业板指涨1.77%。沪深北三市全天成交18262亿元，较上 日放量858亿元。全市场超4300只个股上涨，其中95只个股涨停。 盘面上，算力硬件方向再度凝聚资金共识，CPO板块走强，德科立、长光华芯以20%幅度涨停封板。 PCB概念持续活跃，沪电股份等多只个股活跃。商业航天持续走强，佳缘科技以20%幅度涨停。 AI硬件全线反弹 11月25日，AI算力硬件强势反攻，CPO、PCB、光芯片等概念领涨市场。其中CPO概念涨幅居首，德科 立、长光华芯以20%幅度涨停封板，瑞斯康达、永鼎股份、长飞光纤、可川科技等涨停。PCB概念持续 活跃，沪电股份、泰永长征等涨停封板。 消息面上，当地时间11月24日，亚马逊宣布，将投资至多500亿美元，为亚马逊云科技（AWS）的美国 政府客户拓展人工智能及超级计算能力。该项目计划于2026年破土动工，通过建设配备先进计算与网络 技术的数据中心，将在AWS Top Secret、AWS Secret及美国政府云区域（AWS ...

Market Overview - A total of 77 stocks hit the daily limit, with 25 stocks experiencing a limit down, resulting in a sealing rate of 75%. The market saw a significant increase, with the ChiNext index rising nearly 2% and the Shanghai Composite Index up by 0.87% [1] - The trading volume in the Shanghai and Shenzhen markets reached 1.81 trillion yuan, an increase of 84.4 billion yuan compared to the previous trading day [1] - The overall market sentiment improved, with 4,300 stocks rising and 95 stocks hitting the daily limit. Key sectors that performed well included gaming, AI applications, CPO, and precious metals, while military equipment and aquaculture sectors faced declines [1] Stock Performance - The number of stocks with consecutive limit ups increased, with the highest being Zhongshui Fishery, which stopped at a limit down after 7 consecutive limit ups. Stocks with 3 or more consecutive limit ups rose to 7 [3] - Notable stocks included: - Dream Home (5 consecutive limit ups) - Shida Group (4 consecutive limit ups) - Pinggao Co. (3 consecutive limit ups) [4] - The overall sentiment for high-level stocks showed signs of recovery, particularly in local stocks from Fujian, which were boosted by the performance of Yongji Software [3][4] Sector Highlights - The AI application sector continued to thrive, with Meta considering a multi-billion dollar acquisition of Google's TPU, which is expected to drive demand for ASIC custom chips and related hardware [5][26] - The gaming sector saw a resurgence, particularly with the launch of the interactive game "Jiangshan Beiwang," which topped several gaming charts, leading to a rally in related stocks [6][35] - The lithium industry is entering an upward cycle, with significant price increases in upstream materials, leading to a rebound in the lithium battery supply chain [7] - The flu medicine sector experienced a surge in demand, with a reported 500% increase in purchases of antiviral drugs, leading to several pharmaceutical stocks hitting the daily limit [8][19] Future Outlook - The market is currently experiencing a technical rebound after a period of overselling, but the overall momentum remains weak, indicating that further recovery may depend on maintaining support levels [10] - The rapid rotation of market hotspots suggests a cautious approach from investors, with a focus on sectors that have shown resilience and potential for growth [10]

11月25日，A股市场震荡拉升，创业板指涨近2%。从板块来看，抗流感概念股大幅拉升，金迪克20CM 涨停，新华制药，特一药业，广济药业，海南海药，北大医药涨停，康芝药业，华兰疫苗，亨迪药业， 南新制药涨超10%，一品红，拓新药业，众生药业，粤万年青等个股跟涨。 （原标题：北京奥司他韦近7天销量暴涨237%！抗流感概念股批量涨停） （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） 光大证券表示，近期流感疫情上升态势明显，可能引发社会公众和市场关注度的提升，从而带动防治和 检测流感产品的需求增长。建议关注流感疫苗、病毒检测、感冒药与特效药等方面的投资机会，此外也 建议关注血制品等应对复杂态势的防疫手段。 据央广网报道，11月以来，全国流感活动快速上升，北京已迈入呼吸道传染病高发期。有数据显示，奥 司他韦近7天销量暴涨237%，速福达（玛巴洛沙韦）涨幅达180%，美团买药平台数据更显示，11月以 来北京甲乙流特效药环比增长超130%，其中速福达增长超110%，磷酸奥司他韦颗粒增长超85%。 ...

AI应用概念再度爆发， 榕基软件7天6板，实达集团4连板。算力硬件股持续强势，特发信息3 连板，长飞光纤、汇绿生态涨停。 光模块（CPO）指数暴力拉升8.2%，德科立、长光华芯、光库科技20cm涨停。"易中天"三巨 头走强，其中中际旭创涨5%，成交额超211亿元居两市之首。 | | 光模块(CPO)指数(8841258) | | | | --- | --- | --- | --- | | | 6637.60 | 503.60 8.21% | | | 资料 成分 | 资讯 | 相关基金 | 月度收益 | | 名称 | | 现价 | 涨跌 一 | | 德科立 | | 142.56 | 20.00% | | 688205.SH | | | | | 长米华芯 | | 89.29 | 20.00% | | 688048.SH | | | | | 光库科技 | | 147.00 | 20.00% | | 300620.SZ | | | | | 长芯博创 | | 123.00 | 13.87% | | 300548.SZ | | | | | 仕佳光子 | | 75.62 | 9.69% | | 688313.SH | | ...

11月25日，在A股市场上，抗流感概念股大幅拉升，截至券商中国记者发稿时，金迪克20%涨停，北大 医药、广济药业、海南海药、特一药业等10%涨停。此外，一品红、华兰疫苗、亨迪药业涨超10%，悦 康药业、众生药业涨超9%。 据央广网报道，11月以来，全国流感活动快速上升，北京已迈入呼吸道传染病高发期。有数据显示，奥 司他韦近7天销量暴涨237%，速福达（玛巴洛沙韦）涨幅达180%，美团买药平台数据更显示，11月以 来北京甲乙流特效药环比增长超130%，其中速福达增长超110%，磷酸奥司他韦颗粒增长超85%。11月 24日下午，央广网记者走访北京多家药店及医疗机构发现，尽管购药需求激增，热门抗流感药均库存充 足，线上线下均可购买或预订。 抗流感概念股走强！ 今日（11月25日）A股盘中，抗流感概念股大幅异动，北大医药、广济药业、海南海药等多只个股被资 金直线拉升至涨停板。随后，金迪克、特一药业也封住涨停板，一品红、亨迪药业等纷纷跟涨。 当前，全国的流感活动进入较快上升阶段。据央广网报道，北京已迈入呼吸道传染病高发期。有数据显 示，奥司他韦近7天销量暴涨237%，速福达（玛巴洛沙韦）涨幅达180%。 抗流感概念股拉 ...

经济观察网据证券时报，今日(11月25日)A股盘中，抗流感概念股大幅异动，北大医药（000788）、广 济药业（000952）、海南海药（000566）等多只个股被资金直线拉升至涨停板。随后，金迪克、特一药 业（002728）也封住涨停板，一品红（300723）、亨迪药业（301211）等纷纷跟涨。当前，全国的流感 活动进入较快上升阶段。据央广网报道，北京已迈入呼吸道传染病高发期。有数据显示，奥司他韦近7 天销量暴涨237%，速福达(玛巴洛沙韦)涨幅达180%。 ...

Core Viewpoint - The article highlights a significant surge in flu-related stocks in the A-share market, driven by a rapid increase in flu activity across the country, particularly in Beijing, which has entered a high incidence period for respiratory infectious diseases [1][3]. Group 1: Market Performance - On November 25, flu-related stocks saw substantial gains, with companies like Jindike and Beida Pharmaceutical reaching their daily limit up of 20% and others like Guangji Pharmaceutical and Hainan Haiyao hitting 10% [3]. - Sales of antiviral drugs have skyrocketed, with Oseltamivir's sales increasing by 237% over the past week and Mabalaoshu's sales rising by 180% [1][3]. Group 2: Flu Activity and Trends - The flu activity in China has rapidly escalated, with the current season showing a significant rise compared to the same period in the last three years, particularly with the H3N2 strain dominating [4][7]. - The latest report from the Chinese Center for Disease Control and Prevention indicates that both southern and northern provinces are experiencing high levels of flu activity, with H3N2 being the predominant strain [4][6]. Group 3: Recommendations and Strategies - Experts recommend a dual strategy of vaccination and good hygiene practices to mitigate flu risks, including timely vaccination and maintaining personal hygiene [5]. - The article emphasizes the importance of monitoring health conditions and taking precautions if flu-like symptoms appear [5]. Group 4: Investment Opportunities - Securities firms suggest focusing on investment opportunities in flu vaccines, antiviral drugs, and related healthcare products due to the rising demand driven by the flu outbreak [7][8]. - The vaccine industry is transitioning towards innovation-driven growth, with increasing demand and supportive policies expected to drive long-term development [7].

市场早盘集体走强，沪指涨超1%，创业板指涨超2%。南财金融终端显示，截至早盘收盘，沪指涨1.13%，深成指涨2.04%，创业板指涨2.6%。 盘面上热点轮番活跃，全市场近4900只个股上涨。 抗流感概念表现活跃，广济药业2连板，特一药业、北大医药涨停。 下跌方面，养殖板块震荡调整，獐子岛、中水渔业触及跌停。 沪深两市半日成交额1.17万亿元，较上个交易日放量1493亿。 个股方面，中际旭创成交额超165亿元居首，新易盛、蓝色光标、阳光电源成交额靠前。 | 沪深A股 | 上证A股 深证A股 | 创业板 | 科创板 风险警示 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 代码 | 名称 | | 涨幅 | 最新价 | | | | 换手率 | 振幅 | 成交额▼ | | 1 300308 | 中际旭创 | | +6.06% | 484.50 | +27.70 | +0.28% | 0.89 | 3.11% | 5.43% | 165.91亿 | | 2 300502 | 新易盛 | | +6. ...

今日A股早盘集体走强，沪指涨超1%，创业板指涨超2%。沪深两市半日成交额1.17万亿，较上个交易日放量1493亿。盘面上热点轮番活跃，全市场 近4900只个股上涨。 从板块来看， 算力硬件概念延续强势， 特发信息3连板，长飞光纤、汇绿生态涨停。 AI应用概念再度爆发， 实达集团4连板，榕基软件7天 6板。抗流感概念表现活跃，广济药业2连板，特一药业、北大医药涨停。 下载财联社APP获取更多资讯 准确 快速 权威 专业 7x24h电报 头条新闻 VIP资讯 实时盯盘 下跌方面，养殖板块震荡调整，獐子岛、中水渔业触及跌停。板块方面，算力硬件、AI应用、贵金属等板块涨幅居前，中船系、养殖板块跌 幅居前。截至收盘，沪指涨1.13%，深成指涨2.04%，创业板指涨2.6%。 ...