转自：智通财经 MACD金叉信号形成，这些股涨势不错！ 【收评：创业板指低开低走跌近2% 全市场4100只个股飘绿】智通财经10月30日电，市场震荡调整，三 大指数盘中均出现跳水，创业板指跌近2%，沪指失守4000点。沪深两市成交额2.42万亿，较上一个交 易日放量1656亿。盘面上，市场热点较为杂乱，全市场4100只个股下跌。从板块来看，锂矿概念快速走 强，天齐锂业触及涨停。量子科技概念股表现活跃，神州信息2连板，格尔软件6天4板。电池板块震荡 走强，石大胜华、天际股份双双涨停。储能板块局部活跃，通润装备（维权）2连板。下跌方面，算力 硬件股集体走弱，天孚通信、新易盛等多股大跌。游戏板块重挫，巨人网络一度逼近跌停。煤炭板块多 数下跌，安泰集团跌停。板块方面，能源金属、钢铁、量子科技、电池等板块涨幅居前，CPO、游戏、 煤炭等板块跌幅居前。截至收盘，沪指跌0.73%，深成指跌1.16%，创业板指跌1.84%。 ...

Market Overview - The three major A-share indices collectively declined, with the Shanghai Composite Index down 0.73%, the Shenzhen Component down 1.16%, and the ChiNext Index down 1.84% [1] - The total trading volume in the Shanghai, Shenzhen, and Beijing markets reached 24,643 billion yuan, an increase of 1,736 billion yuan compared to the previous day [1] - A total of 4,100 stocks in the market experienced declines [1] Sector Performance - Energy metals, steel, quantum technology, batteries, wind power equipment, port shipping, and phosphorus chemical sectors showed the highest gains [1] - Conversely, sectors such as CPO, PET copper foil, coal mining and processing, gaming, lithography machines, and securities experienced the largest declines [1] Notable Stocks - The lithium mining sector showed strong fluctuations, with Tianqi Lithium and Yongxing Materials hitting the daily limit, while Ganfeng Lithium, Tibet Mining, and Shengxin Lithium also saw gains [1] - Quantum technology concept stocks remained active, with Guandun Quantum, Hexin Instruments, and Weide Information leading in gains [1] - The steel sector performed positively, with Anyang Steel, Dazhong Mining, and Ordos hitting the daily limit [1] Declining Stocks - CPO concept stocks saw significant declines, with Hezhu Intelligent hitting the daily limit down, and Tianfu Communication, Tengjing Technology, Jingwang Electronics, Xinyi Sheng, and Huilv Ecology also experiencing notable drops [1] - The coal sector also faced adjustments, with Antai Group hitting the daily limit down, and Xindaozhou A, Yunmei Energy, and Shaanxi Black Cat all declining [1] - Additionally, gaming, lithography machines, and securities sectors also recorded declines [1]

Group 1 - The three major indices opened lower, with the Shanghai Composite Index down 0.21%, the Shenzhen Component Index down 0.22%, and the ChiNext Index down 0.32% [1] - The Federal Reserve announced a 25 basis point cut in the benchmark interest rate to a range of 3.75% to 4.00%, marking the second consecutive meeting of rate cuts [1] - A fund initiated by the State-owned Assets Supervision and Administration Commission (SASAC) has a first-phase scale of 51 billion yuan, focusing on supporting industries such as artificial intelligence, quantum technology, and future energy [1] Group 2 - In the first nine months of this year, domestic energy storage projects added 255.8 GWh of new tenders, a year-on-year increase of 97.7% [2] - The fourth quarter is typically a peak season for tenders, with annual tenders expected to reach at least 361.6 GWh [2] - The market is witnessing a positive rotation of hotspots, with significant performance in the new energy and non-ferrous metal sectors, which is beneficial for the continuation of the current upward trend [2]

Core Viewpoint - The article emphasizes the importance of building a modern industrial system as the material and technological foundation for a modern nation, as outlined in the "14th Five-Year Plan" by the Central Committee of the Communist Party of China [1]. Group 1: Optimizing Traditional Industries - The plan aims to enhance and upgrade key traditional industries such as mining, metallurgy, chemical, light industry, textiles, machinery, shipbuilding, and construction to strengthen their global competitiveness [4]. - It focuses on improving the self-controllability of industrial chains and emphasizes the need for major technological breakthroughs and the implementation of high-quality development actions for key manufacturing industries [4]. Group 2: Developing Emerging Pillar Industries - The initiative includes the implementation of industrial innovation projects to promote the development of strategic emerging industries such as new energy, new materials, aerospace, and low-altitude economy [5]. - It aims to create a robust industrial ecosystem by facilitating large-scale application demonstrations of new technologies, products, and scenarios to accelerate the growth of emerging industries [5]. Group 3: Forward-Looking Layout for Future Industries - The plan encourages exploration of diverse technological routes, typical application scenarios, feasible business models, and market regulation rules to drive growth in sectors like quantum technology, biomanufacturing, hydrogen energy, and nuclear fusion [6]. - It also emphasizes the need for innovative regulatory methods and the development of venture capital to support the growth of future industries [6][8]. Group 4: Enhancing and Upgrading the Service Sector - The strategy includes actions to expand and improve the service sector, enhance regulatory reforms, and develop a supportive policy framework [9]. - It aims to promote the specialization and high-end value chain extension of productive services while fostering high-quality, diversified, and convenient development in the life services sector [9].

Core Insights - The A-share market has seen a significant rise in quantum technology stocks, with notable gains from companies such as Fujitsu, GuoDun Quantum, and others following the release of the "14th Five-Year Plan" which emphasizes the development of quantum technology as a new economic growth point [1] Industry Overview - The global quantum technology market is projected to exceed $6.1 billion by 2025, with China's market expected to reach 11.56 billion yuan, reflecting a compound annual growth rate (CAGR) of over 30% [1] - Quantum computing is recognized as one of the most disruptive frontier technologies, currently in the early stages of technical breakthroughs, with substantial advancements anticipated in the next 5 to 10 years [1] Company Registration Trends - As of October 29, 2023, there are 96,000 existing quantum computing-related enterprises in China, with over 50% located in the South and East China regions, particularly in South China, which accounts for 26.9% [2][14] - The registration of quantum computing companies has surged since 2021, with the annual registration volume exceeding ten times that of 2020, reaching 19,800 in 2021. By October 29, 2023, the number of registered companies has increased by 9% compared to the same period in 2024, totaling 22,100 [2][6] Regional Distribution - The majority of quantum computing enterprises are concentrated in South and East China, which together account for over 50% of the total, with North and Central China holding 15.2% and 12.1% respectively, while Northeast China has a relatively small share at 2.8% [14]

Core Viewpoint - The Hong Kong stock market experienced a significant decline, with the Hang Seng Technology Index dropping by 1%. The largest ETF tracking this index also followed suit, indicating a broader market trend influenced by key technology stocks [1][2]. Group 1: Market Performance - The Hang Seng Technology Index saw a decline, with the largest ETF (513180) dropping over 2% at one point. Key stocks like Xpeng Motors, Meituan, Midea Group, NIO, and Tencent Holdings showed gains, while Sunny Optical Technology, Tencent Music, and Trip.com Group faced losses [1]. - As of October 28, the valuation of the Hang Seng Technology Index ETF (513180) was at 23.44 times P/E, which is below the historical average for approximately 70% of the time since the index's inception [2]. Group 2: Industry Outlook - The "AI+" initiative is expected to be a major focus during the 14th Five-Year Plan, with anticipated acceleration in applications. Key areas of interest include EDA tools and industrial software, which are expected to see increased demand [1][2]. - The agency emphasizes several main lines for investment, including AI computing infrastructure, AI agents in industrial and financial sectors, and green low-carbon technologies. Additionally, sectors with low domestic production rates, such as EDA and industrial software, are highlighted for potential growth [2]. - Emerging technologies like quantum technology, brain-computer interfaces, and sixth-generation mobile communications are projected to become new economic growth points [1].

Market Overview - The A-share market showed narrow fluctuations on October 30, with the Shanghai Composite Index rising by 0.06% to 4018.86 points, while the Shenzhen Component Index fell by 0.02% and the ChiNext Index decreased by 0.23% [1] - The total trading volume in the A-share market reached 1.56 trillion yuan [1] Monetary Policy - The People's Bank of China conducted a 7-day reverse repurchase operation of 342.6 billion yuan at a fixed rate of 1.40%, with a net injection of 130.1 billion yuan for the day [2] Industry Developments - The National Medical Products Administration released guidelines for age-appropriate design in innovative drug development, focusing on the needs and preferences of elderly patients [3] - The Beijing Securities Regulatory Bureau, in collaboration with other departments, issued opinions to promote long-term capital entering the market, aiming to optimize the market ecosystem and encourage various investment vehicles [3] Sector Performance - The lithium battery industry chain experienced significant growth, with stocks such as Tianji Co., Shida Shenghua, and Penghui Energy hitting the daily limit [3] - Quantum technology concepts also saw a resurgence, with stocks like Shenzhou Information reaching the daily limit, followed by others like Weide Information and Guodun Quantum [3] Lithium Industry Insights - The lithium mining sector is benefiting from the increasing penetration rate of new energy vehicles, with over 10 million applications for vehicle replacement subsidies by October 22, 2025, of which 57.2% were for new energy vehicles [4] - The retail market penetration rate for new energy passenger vehicles reached 57.8% in September, marking seven consecutive months of growth [4] Company Highlights - Premier, as the largest shareholder, is expected to secure a monthly supply of at least 4,000 tons of lithium concentrate, enhancing its upstream resource self-sufficiency [7] - XWANDA is anticipated to increase its self-supply rate of consumer battery cells to over 40% and enhance its global supply chain capabilities following the launch of its Vietnam base [7] - Yongxing Materials, a leader in mica lithium extraction, is expected to see growth due to its cost advantages and ongoing mine expansion [8] - Dazhong Mining is maturing in its lithium business while maintaining stable iron ore operations, with lithium prices showing marginal improvement driven by demand from energy storage and solid-state batteries [8]

Market Overview - The A-share market showed mixed performance in the morning session, with the Shanghai Composite Index slightly up and total market turnover exceeding 1.55 trillion yuan [1] - The CSI A500 Index rose by 0.04%, while the CSI 300 Index increased by 0.1%. The ChiNext Index and the STAR Market 50 Index fell by 0.2% and 0.4%, respectively [1][3] Sector Performance - Leading sectors included quantum technology, steel, batteries, energy metals, software development, liquor, and port shipping, which saw significant gains [1] - Conversely, sectors such as precious metals, CPO, PCB, and photolithography experienced declines [1] Hong Kong Market - The Hong Kong market showed upward movement, with the Hang Seng China Enterprises Index rising by 0.5%. Key sectors that performed well included non-ferrous metals and coal [1] - In contrast, the pharmaceutical, media, and real estate sectors faced declines [1]

Core Viewpoint - The A-share market experienced narrow fluctuations on the morning of October 30, with major indices showing little overall movement [1][4]. Market Performance - The Shanghai Composite Index fluctuated above 4000 points, while the North Stock 50 Index performed well, with an intraday increase exceeding 2%. The previous trading day saw the North Stock 50 Index rise by 8.41%, marking one of its best trading days of the year [4]. - The steel sector was a highlight, with stocks like Anyang Iron & Steel and Fangda Special Steel reaching their daily limit up, while other companies such as New Steel Co., Liugang Co., and Shagang Group also saw gains [4]. - The coal sector led the gains, with an intraday increase of over 1.4%. Stocks like Huaihe Energy and Huayang Co. were among the top performers [6]. Sector Performance - Electric equipment, non-ferrous metals, transportation, and home appliances saw notable intraday gains [7]. - Conversely, sectors such as telecommunications, comprehensive services, electronics, and building materials experienced declines [8]. - Lithium mining concepts led the market with an intraday increase exceeding 2%, with stocks like XWANDA rising over 14% and Dazhong Mining hitting the daily limit up [8][9]. Stock Adjustments - Several previously popular stocks underwent adjustments, with Tianfu Communication experiencing a significant drop of over 11% intraday [10][11]. - Other stocks like Xinyi Technology and Cambrian Technologies also saw declines, with intraday drops of over 8% and 5%, respectively [12][13].

Core Viewpoint - The market is experiencing a structural trend with significant movements in specific sectors like quantum technology and lithium batteries, while the broader indices remain stagnant, indicating a shift in investment focus [1][3]. Group 1: Market Performance - The North Securities 50 index rose over 2%, driven by a surge in quantum technology stocks, while lithium batteries also showed strength [1]. - Over 3,200 stocks declined, highlighting a divergence in market performance between leading sectors and the overall market [1]. - The morning trading volume reached 1.5591 trillion, indicating active fund repositioning rather than a withdrawal from the market [1]. Group 2: Investment Strategies - For investors with heavy positions, it is advisable to take profits from high-performing stocks in quantum technology and lithium batteries, as rapid sector rotation is evident [3]. - Investors with light or no positions should avoid chasing high prices in quantum technology due to its volatility and instead consider lower-risk sectors like software development and port shipping, which are seeing discreet capital inflows [3]. - A recommended position management strategy is to maintain 50-60% of capital in the market, keeping cash available to navigate potential market fluctuations [3].