周二（7月29日），光模块（CPO）等算力硬件股再度走强，光模块含量突出的人工智能指数——创业 板人工智能大涨3.82%轰出新高！光模块三巨头纷纷大涨，中际旭创跳涨超9%股价创新高，新易盛涨超 8%股价再创新高，成交额居A股首位，天孚通信暴涨超13%放量突破！ | 序号 | લ્દ્રિતિ | 名称 | 现价 | 涨跌幅 ▼ | 成交额 | 估算权重 | | --- | --- | --- | --- | --- | --- | --- | | 1 | 300188 | 国投智能 | 19.65 | 18.52% | 26.47 Z | 0.97% | | 2 | 300394 | 大學通信 | 101.08 | 13.83% | 66.12亿 | 3.69% | | 3 | 300548 | 长芯博创 | 92.34 | 9.80% | 29.22亿 | 2.10% | | ব | 300308 | 中标旭创 | 209.93 | 9.41% | 121.00亿 | 14.37% | | ਦ | 300502 | 新易盛 | 193.39 | 8.77% | 145.04亿 | 14.80% | | 6 ...

Market Overview - The market experienced a rise with 43 stocks hitting the daily limit, while 22 stocks faced a limit down, resulting in a sealing rate of 66%. Notable performers included Tibet Tourism with 7 consecutive limit ups, and several other stocks like Shanhai Intelligent and Xining Special Steel achieving multiple limit ups over the past week [1][3] - The total trading volume for the Shanghai and Shenzhen markets reached 1.8 trillion yuan, an increase of 609 billion yuan compared to the previous trading day. The Shanghai Composite Index rose by 0.33%, the Shenzhen Component Index by 0.64%, and the ChiNext Index by 1.86% [1][8] Sector Performance - The leading sectors included CRO, steel, CPO, and advanced packaging, while insurance, pork, banking, and agriculture sectors saw declines [1][8] - The CRO sector was notably boosted by WuXi AppTec's announcement of a 26% year-on-year increase in net profit for the first half of the year, with a record high of 56.7 billion yuan in orders [6][31] Stock Highlights - Tibet Tourism achieved a 7 consecutive limit up with a 10% increase, while other stocks like Southern Road Machinery and Shanhai Intelligent also performed well with 6 consecutive limit ups [1][11] - The PCB and copper foil sectors are gaining traction, with stocks like Fangbang Shares and Shenghong Technology reaching new highs due to optimistic market sentiment and technological advancements [5][21] Future Outlook - The market is showing a positive trend with major indices reaching new highs, particularly the ChiNext Index surpassing the 2400-point mark for the first time since October 2022. However, over 3000 stocks still closed lower, indicating a mixed sentiment among investors [8] - The focus remains on large-cap stocks and those with significant trading volumes, as the market continues to favor stocks with substantial performance improvements [8][31]

2025.07.29 本文字数：818，阅读时长大约2分钟 沪深两市全天成交额1.8万亿，较上个交易日放量609亿。全市场近3000只个股下跌。 盘面上，CRO、创新药、钢铁、光伏板块表现强势，稀土、保险、种植业板块走弱。 具体来看，CPO、PCB等算力硬件股继续走强，方邦股份、沃格光电、福斯特涨停，正业科技、芯碁微 装、德科立等跟涨。 医药股持续爆发，亚太药业、众生药业、辰欣药业、九洲药业等10余股涨停。 | 代码 | 名称 | 涨幅� | 现价 | | --- | --- | --- | --- | | 837344 | 三元基因 | +20.76% | 34.84 | | 300149 | 睿智医药 | +20.02% | 13.61 | | 300725 | 药石科技 | +18.77% | 53.10 | | 688189 | 南新制药 | +17.01% | 11.90 | | 688513 | 苑东生物 | +15.45% | 65.92 | | 300683 | 海特生物 | +15.28% | 50.61 | | 688321 | 微芯生物 | +12.85% | 38.37 | | 430 ...

Market Performance - On July 28, 2025, the ChiNext Index rose by 0.96%, while the Shanghai Composite Index increased by 0.12% and the Shenzhen Component Index by 0.44%[2] - The total market turnover was 17,255.14 billion CNY, a decrease of 465.71 billion CNY from the previous trading day[2] - Out of 5,028 stocks, 2,722 rose and 2,306 fell on the same day[2] Sector and Style Analysis - The top-performing sectors included Defense and Military (2.23%), Non-Bank Financials (1.66%), and Communications (1.51%)[21] - The worst-performing sectors were Coal (-2.61%), Transportation (-1.43%), and Steel (-1.31%)[21] - Fund-heavy stocks outperformed the CSI All Share Index[21] Capital Flow - On July 28, 2025, the net outflow of main funds was 186.98 billion CNY, with large orders contributing to a net outflow of 128.40 billion CNY[25] - Small orders saw a continuous net inflow of 235.65 billion CNY[25] ETF Activity - Major ETFs like the Huaxia SSE 50 ETF and the Huatai-PB CSI 300 ETF saw varied trading volumes, with the former at 17.83 billion CNY, an increase of 1.12 billion CNY[30] - The net inflow for the ChiNext ETF was 0.15 billion CNY on July 25, 2025[30] Global Market Overview - On July 28, 2025, the Hang Seng Index rose by 0.68%, while the Nikkei 225 fell by 1.10%[33] - The Dow Jones Industrial Average increased by 0.47%, closing at 44,901.92 points[34]

2025.07. 28 本文字数：804，阅读时长大约2分钟 7月28日，A股三大指数全天震荡反弹，截至收盘，沪指涨0.12%，深证成指涨0.44%；创业板指涨 0.96%，再创年内新高。 作者 | 一财资讯 具体来看，PCB概念股爆发，大族数控、方邦股份、芯碁微装等10股涨停。 影视院线板块全天强势，幸福蓝海、中国电影涨停，上海电影涨超9%，横店影视、华谊兄弟等跟涨。 煤炭、钢铁等资源股调整，柳钢股份、西宁特钢、山西焦煤、郑州煤电等跌超5%。 | 代码 名称 | | 张幅金 | 现价 | 代码 名称 | 涨幅� | 现价 | | --- | --- | --- | --- | --- | --- | --- | | 600121 郑州煤电 | | -6.37% | 4.26 | 600117 西宁特钢 | -8.68% | 3.47 | | 000983 山西集煤 | | -6.05% | 7.30 | 601003 柳钢股份 | -8.58% | 6.71 | | 600397 安源煤业 | | -5.47% | 6.22 | 600295 鄂尔多斯 | -6.42% | 9.92 | | 601015 ...

Core Viewpoint - The computing hardware stocks have rebounded, with significant gains observed in companies such as Xianying Technology and Zhongfu Circuit, both rising over 10% [1] Group 1: Company Performance - Xianying Technology and Zhongfu Circuit both experienced a rise of over 10% [1] - Other companies that followed the upward trend include Weiergao, Jingwang Electronics, Shijia Photon, Robotec, Zhongji Xuchuang, and Yihua Co., all showing positive movement [1] Group 2: Industry Trends - The rebound in computing hardware stocks is attributed to sectors such as copper cables and CPO [1]

Core Viewpoint - The A-share market continues to rise, with major indices showing slight increases and significant trading volume, indicating a positive market sentiment and active participation from investors [1] Market Performance - The Shanghai and Shenzhen markets recorded a half-day trading volume of 1.09 trillion, an increase of 70.8 billion compared to the previous trading day [1] - The overall market saw over 3,500 stocks rising, reflecting a broad-based rally [1] Sector Analysis - The infrastructure sector experienced a collective surge, particularly in the super hydropower segment, with companies like China Power Construction and China Energy Construction hitting the daily limit [1] - The steel sector maintained its strong performance, with Liugang Co. also reaching the daily limit [1] - The chemical sector showed strength, with Xin'an Chemical hitting the daily limit [1] - The robotics concept continued to perform well, with Changsheng Bearing rising over 10% [1] - In contrast, the computing hardware sector faced adjustments, with Oulutong dropping over 5% [1] Index Performance - By the end of the trading session, the Shanghai Composite Index rose by 0.44%, the Shenzhen Component Index increased by 0.29%, and the ChiNext Index saw a rise of 0.12% [1]

Market Overview - A-shares saw all three major indices rise, with the ChiNext Index showing strong performance, particularly in sectors like computing hardware and innovative pharmaceuticals [1] - The market is currently in a trend of steady upward movement, with trading volume stabilizing around 1.5 trillion yuan, indicating a shift from "large-cap stocks" to "thematic plays" [1][3] - Long-term capital inflow is accelerating, with ETF sizes steadily increasing and insurance funds continuing to flow in, providing significant support to the market [3] Economic Indicators - No significant negative macroeconomic factors are present before August, suggesting a new bullish window for the market [1] - The domestic economy is stabilizing, and potential liquidity release from interest rate cuts could further enhance market activity in both A-shares and Hong Kong stocks [3] Sector Performance - Strong performance was noted in electronic components, software development, communication equipment, and aerospace industries, while banking, insurance, precious metals, and real estate sectors lagged [3] - The "anti-involution" policy, if effectively implemented, could alleviate the challenges of "increasing revenue without increasing profit" for companies, potentially leading to a new phase of market growth [1] Policy Impact - The new regulations in the securities industry may lead to revenue growth for brokerage firms, while long-term insurance fund assessment policies could improve investment returns and valuations [3] - The potential for the Federal Reserve to signal interest rate cuts could significantly boost global risk appetite, benefiting the A-share market [3]

Group 1 - A-shares are expected to maintain a trend of oscillating upward, with the market transitioning from a "weight-based" to a "theme-based" approach, focusing on structural opportunities in recent hot sectors [2] - The three major A-share indices closed higher, with the ChiNext index showing strong performance, while sectors like computing hardware and innovative pharmaceuticals led the gains [2] - Long-term capital inflow is accelerating, with ETF sizes steadily increasing and insurance funds providing significant support to the market [3] Group 2 - The domestic economy is stabilizing, and liquidity is being released through rate cuts, which may enhance market activity in both A-shares and Hong Kong stocks [3] - The new regulations in the securities industry are expected to boost revenue growth for brokerage firms, while long-term insurance policies may improve investment returns and valuations [3] - The market is currently in a new buying window, with improved investor sentiment and incoming capital, although it faces resistance at higher levels [2]

Market Overview - The A-share market shows a positive trend with major indices rising, particularly the ChiNext Index which increased by 1.75% [4][6] - The total market capitalization of the Shanghai Composite Index is 6814.82 billion, with a PE ratio of 12.56 and a PB ratio of 1.31 [3] Company Dynamics - Microchip Biotech (688321.SH) expects to achieve a revenue of 407 million in H1 2025, a year-on-year increase of 35%, with a net profit forecasted to rise by 173% [28][29] - Xinhua Medical (600587.SH) has received a Class II medical device registration certificate for its products, enhancing its product line and competitive edge [30] - Shuanglin Co. (300100.SZ) anticipates a net profit increase of 1%-25% for H1 2025, driven by the growth in domestic new energy vehicle sales [32] Industry Trends - The AI industry is witnessing significant advancements, with the launch of domestically produced AI integrated machines in Shenzhen, showcasing a breakthrough in key AI infrastructure [26][27] - The healthcare sector is benefiting from policy changes, with a notable increase in the number of companies in the pharmaceutical sector reporting profit growth [9][10] Economic Indicators - The People's Bank of China conducted a 450.5 billion yuan reverse repurchase operation, indicating a stable liquidity environment [16] - The manufacturing PMI in China rose to 49.7% in June, reflecting a slight improvement in economic activity [43]