截至6月11日收盘，手机游戏概念上涨2.20%，位居概念板块涨幅第6，板块内，46股上涨，电魂网络涨 停，星辉娱乐、富春股份、ST赛为等涨幅居前，分别上涨13.43%、9.89%、7.30%。跌幅居前的有ST华 闻、万达电影、文投控股等，分别下跌1.15%、0.94%、0.80%。 | | ST中青 | | | | | | --- | --- | --- | --- | --- | --- | | 300052 | 宝 | 1.21 | 3.41 | 422.33 | 4.75 | | 300518 | 新迅达 | 1.75 | 3.04 | 345.62 | 4.25 | | 600373 | 中文传 | 0.37 | 0.82 | 343.12 | 2.88 | | | 媒 | | | | | | 603444 | 吉比特 | 3.98 | 2.72 | 299.50 | 0.57 | | 300710 | 万隆光 | -0.29 | 2.99 | 191.35 | 3.89 | | | 电 | | | | | | 688696 | 极米科 | 0.06 | 0.50 | 170.69 | 4.01 | ...

■ 为了缓解"内卷式"竞争带来的不良影响，车企希望通过缩短账期，确保供应商的资金高效周转，从 而提升产业链的协同效率与稳定性。 ■ 政策对汽车行业"价格战"和"内卷式"竞争的干预，可能为那些注重 技术创新 和 产业链协同 的企业 提供更多发展机会。 3、 《 中汽协：前5月中国品牌乘用车共销售756.2万辆，同比增26.3%》摘 要 ■ 根据 中国汽车工业协会 的最新数据显示，2025年1-5月，中国乘用车市场延续良好势头， 销售总 量达1099.6万辆 ，同比增长 12.6% 。 ■ 新能源乘用车继续表现强劲，1-5月销量达 157万辆 ，同比增长 24.5% ，其中A级和B级车型销量表 现尤为突出。 ■ 相比之下，传统燃油车市场销量出现下降，尤其在 A级、B级、C级 车型中，销量表现较为疲弱， 整体同比下降 10.1% 。 ■ 在1-5月的销量排名中， 比亚迪 、 吉利汽车 、 上汽通用五菱 等国产品牌销量增长显著，而传统外 资品牌如 法系 、 韩系 品牌则表现不佳，销量普遍下降。 4、 《 泡泡玛特证明了，情绪价值到底多值钱》 摘 要 ■ 泡泡玛特股价的急剧上涨，尤其是在2024年初至今，股价涨幅超过1 ...

Market Performance - On June 11, Hong Kong's three major stock indices all rose, with the Hang Seng Index up 0.84% to 24,366.94 points, the Hang Seng Tech Index up 1.09% to 5,451.20 points, and the Hang Seng China Enterprises Index up 1.12% to 8,865.72 points. The total market turnover was HKD 235.2 billion, with net inflows from southbound funds amounting to HKD 1.376 billion [2]. Company Highlights - China Hongqiao rose 4.61%, China Life increased by 4.58%, and BYD gained 3.83%, leading the blue-chip stocks. The expectation of asset restructuring for China Hongqiao has driven a revaluation [4]. - Bubble Mart reached a historical high, closing at HKD 269.80 with a gain of 4.25%. According to a report from CICC (Hong Kong), the company is expected to achieve a net profit of RMB 7 billion by 2025, exceeding market expectations by approximately 15% due to underestimated overseas expansion [12]. Industry Trends - The Hang Seng Industry Index showed most sectors rising, with the materials sector up 2.66%, energy sector up 1.43%, and financial sector up 1.17%. Conversely, the consumer staples sector fell by 0.92%, healthcare sector down 0.65%, and utilities sector down 0.21% [6]. - The Wind concept sectors mostly rose, with the Foxconn Index up 5.19%, new materials up 4.3%, and Chinese brokerage firms up 4.14%. The domestic retail index led the declines, down 3.41% [8]. Investment Sentiment - According to Morgan Stanley's latest report, international investors are seeking to diversify their portfolios, showing a stronger willingness to allocate to Chinese stocks due to concerns about missing out on China's technological advancements. The report indicates that there is significant room for increased investment as international exposure to China remains relatively low [10]. - CITIC Securities expressed optimism about the media and gaming sectors, highlighting that these sectors are among the best emerging consumer segments, with valuations still considered low. The firm believes that the cultural export initiatives supported by policy will further enhance growth in these sectors [20].

Group 1: Trade and Economic Developments - The Chinese and U.S. trade representatives have reached a framework agreement during their first meeting, focusing on the consensus from the recent talks between the two countries' leaders [2] - China's trade with Africa has seen significant growth, with total trade value increasing from less than 1000 billion yuan in 2000 to 2.1 trillion yuan in 2024, reflecting an annual growth rate of 14.2% [3] - DHL plans to invest over 500 million euros (approximately 571.3 million USD) in the Middle East by 2030, focusing on expanding logistics infrastructure in Saudi Arabia and the UAE [2] Group 2: Company Expansion and Market Entry - JD Logistics has reportedly established a team of over 1,000 members in Saudi Arabia, indicating its entry into the local market [2] - Ctrip is accelerating its global expansion by opening over 1,100 overseas positions across 75 cities in 23 countries, aiming to double its international revenue share in the next 3-5 years [3] - Leap Motor has officially entered the Hong Kong market and plans to finalize localization sites in Europe and Southeast Asia this year [4] Group 3: Automotive Industry Insights - In the first five months of 2024, China's automobile sales reached 12.748 million units, with new energy vehicles accounting for 44% of total sales, reflecting a year-on-year growth of 45.2% in production [4] - The export of automobiles from China reached 2.49 million units in the same period, with new energy vehicle exports growing by 64.6% [4] Group 4: Gaming Industry Support - The Zhejiang provincial government has introduced measures to support the international expansion of the gaming industry, including increased funding and collaboration with local governments [5] - The initiative encourages the development of original high-quality games and partnerships with smart terminal manufacturers to promote gaming content abroad [5]

证券研究报告 | 策略点评 投资策略研究 粤开市场日报-20250611 今日关注 指数涨跌情况：今日 A 股主要指数多数收涨。截止收盘，沪指涨 0.52%，收报 3402.32 点；深证成指涨 0.83%，收报 10246.02 点；科创 50 跌 0.20%，收报 980.93 点；创业板指涨 1.21%，收报 2061.87 点。总体上，全天个股涨多跌 少，Wind 数据显示，全市场 3411 只个股上涨，1737 只个股下跌，264 只个股 收平。沪深两市今日成交额合计 12555 亿元，较上个交易日缩量 1599 亿元。 行业涨跌情况：今日申万一级行业除医药生物、通信、美容护理等行业下跌 外，其余全部上涨，有色金属、农林牧渔、非银金融、汽车、传媒、社会服 务等行业领涨。 板块涨跌情况：今日涨幅居前概念板块为稀土永磁、稀土、网络游戏、一体 化压铸、稀有金属精选、盐湖提锂、小红书平台、保险精选、炒股软件、小 金属、南京市国资、钴矿、锂电电解液、拼多多合作商、鸡产业等板块。 2025 年 06 月 11 日 投资要点 分析师：孟之绪 执业编号：S0300524080001 电话： 邮箱：mengzhixu ...

今日午后，IP经济概念（谷子经济）板块再度活跃，创源股份（300703）盘中"20CM"涨停，截至 收盘，上涨13.6%，股价均创历史新高；星辉娱乐涨超13%，哈尔斯、元隆雅图等涨停。港股泡泡 玛特午后一度涨超4%，股价再创历史新高。 | | | 1290.79 1.56% | IP经济(谷子经济) ① ▶ © ○ | | | --- | --- | --- | --- | --- | | 成分股 基金 | | 简况(F10) | 资金 | 板块分析 不 | | 全部 | 龙头股 | 3日内有涨停 | 连板 | 连续3日 | | 名称/代码 | | 最新 ◆ | 涨幅 ◆ | 5日涨幅 ⇒ ▶ | | 创源股份 | | 27.82 +13.60% +13.74% | | --- | --- | --- | | 300703 | | | | 最终涨停13:21 | | | | 星辉娱乐 | 5.49 | +13.43% +36.91% | | 300043 | | | | 领涨龙头2 | | | | 金运激光 | | 19.08 +11.32% +11.19% | | 300220 | | | | 最终涨停09 ...

港股三大指数全天高位震荡，恒生指数、国企指数分别上涨0.84%及1.12%，二者再度创下4月初以来新高，恒生科技指数收涨1.09%，市场总体维持平稳向 上行情。 | 代码 | 名称 | 最新价 | 涨跌额 | 涨跌幅 | | --- | --- | --- | --- | --- | | 800000 | 恒生指数 | 3 24366.94 +204.07 = | | 0.84% | | 800700 | 恒生科技指数 | 5451.20 | +59.01 | 1.09% | | 800100 | 国企指数 | 8865.72 | +98.36 | 1.12% | 盘面上， 大型科技股、大金融股表现活跃助力大市上涨，尤其是券商股涨幅明显，光大证券、广发证券涨超6%，建设银行、中信银行、工商银行等多股再 创新高，保险股也不甘示弱，中国太平、新华保险、中国人寿均刷新阶段新高；汽车业"反内卷"进行中，车企承诺将供应商支付账期统一至60天内，汽车股 全天表现活跃，稀土概念股持续上涨，中国稀土大涨超8%，铜、铝等有色金属股齐涨；另一方面，连续上涨的军工股、创新药概念股多数走低，二胎概念 股、乳制品股等婴童概念股普遍弱势 ...

Core Insights - Nintendo's Switch 2 has achieved remarkable sales of 3.5 million units within four days of its launch, setting a new record for the company's new console releases in eight years [1] - The console's high demand has led to shortages at major retailers, reminiscent of the initial launch of the original Switch in 2017 [1] - Analysts are optimistic about the long-term sales potential of Switch 2, with sales targets set at 15 million units by the end of the fiscal year 2026, although some believe this estimate is conservative [1][2] Sales Performance - The Switch 2 was launched at a price of $449, making it Nintendo's most expensive console to date [1] - Predictions suggest that Switch 2 could exceed 20 million units sold in its first year, with estimates from analysts like David Gibson supporting this outlook [2] Supply Chain and Market Dynamics - Despite the strong sales, Nintendo's stock price fell by 3.5% following the launch, indicating investor concerns about potential risks related to supply chain sustainability and external policy uncertainties [3] - There is a notable supply shortage in Japan, with 2.2 million participants in the lottery for the console on its launch day, surpassing initial supply expectations [6] - Outside of Japan, supply appears to be more stable compared to the original Switch launch, allowing for better availability in other markets [7] Tariff and Pricing Considerations - The uncertainty surrounding tariffs has led Nintendo to delay pre-orders in the U.S. to assess the impact on pricing and costs [7] - If tariff issues are resolved, there is potential for a price reduction in the U.S. market, which could further boost sales [7]

Group 1 - The core viewpoint of the articles highlights the performance of Chinese mobile game publishers in the global market, with Tencent leading the revenue rankings and several other companies showing significant growth [1][2][3]. - Tencent remains at the top of the revenue rankings, with its games like "Honor of Kings" and "Peacekeeper Elite" dominating the top spots in the App Store [2][3]. - Florere Game has seen a 12% increase in revenue, driven by the success of its titles "Dark War Survival" and "Last Z: Survival Shooter," which have shown consistent growth [1][14]. Group 2 - Pointing to the competitive landscape, companies like Lilith and Kuro have also demonstrated strong performance, with Lilith's revenue increasing by 12% and Kuro's by 23% [17][18]. - Joy Net Games has successfully entered the market with its new RPG title, showing promising results in overseas markets [21][24]. - The article notes that the overall revenue of Chinese mobile game publishers in the global top 100 reached $2.02 billion, accounting for 36.6% of the total revenue [1]. Group 3 - The government is encouraging the expansion of Chinese games into overseas markets, which is expected to become a key focus for many game developers [29][32]. - The article emphasizes the potential for growth in the overseas gaming market, with various companies actively recruiting and forming teams to enhance their international presence [29][32]. - The competitive dynamics in the global market are evolving, with new products and companies emerging to challenge existing players [29][32].

昨天午后的突然跳水，果然是"虚惊一场"。 今天，"误会解除"的A股顺势迎来修复，沪指终于在收盘时站上了3400点，为5月14日以来首次。 回看本周三个交易日，市场实际涨幅不大，但波动明显放大，股民的信心也更容易动摇。 每经记者｜肖芮冬 每经编辑｜赵云 6 月 11 日，市场全天震荡反弹，创业板指领涨，沪指再度站上 3400 点。截至收盘，沪指涨 0.52% ，深成指涨 0.83% ，创业板指涨 1.21% 。 板块方面，稀土永磁、游戏、汽车零部件、证券等板块涨幅居前，可控核聚变、生物疫苗、通信服务等板块 跌幅居前。 全市场超 3400 只个股上涨。沪深两市全天成交额 1.26 万亿元，较上个交易日缩量 1599 亿。 而我们周一、周二相关推送中的两个判断，都在今天得到了验证。它们恰好也是大盘修复的动因。 一是，对于昨日突发跳水，我们判断这是场内资金"自己吓自己"，并借机清理浮筹。 据人民日报今天午间报道，当地时间6月10日，商务部国际贸易谈判代表兼副部长李成钢在伦敦谈到中美经贸 磋商机制首次会议时表示，中美双方进行了专业、理性、深入、坦诚的沟通。双方原则上就落实两国元首6月 5日通话共识以及日内瓦会谈共识达成 ...