| 300885 | | | | --- | --- | --- | | 688031 星环科... | +7.79% | 67.21 | | 301306 西测测试 | +7.59% | 65.50 | 12月5日，商业航天概念延续强势，截至发稿，长光华芯、超捷股份20%涨停；龙洲股份一字涨停， 走出三连板；此外，永鼎股份、上海港湾、天箭科技、航天科技等均涨停。 | 代码 | 名称 | 涨幅％v | 现价 | | --- | --- | --- | --- | | 688048 | 长光华芯 | +20.00% | 128.82 | | 301005 | 超捷股份 | +20.00% | 69.61 | | 920665 | 科强股份 | +13.10% | 14.42 | | 688102 | 斯瑞新材 | +12.48% | 25.42 | | 300900 广联航空 | | +11.69% | 21.50 | | 688333 | 铂力特 | +11.18% | 81.92 | | 002682 | 龙洲股份 | +10.06% | 7.88 | | 600105 | 永鼎股份 | +10.03% | ...

数据来源：沪深交易所 风险提示：通用航空ETF华宝被动跟踪国证通用航空产业指数，该指数基日为2012.6.29，发布日期为 2012.12.28，指数成份股构成根据该指数编制规则适时调整，其回测历史业绩不预示指数未来表现。本 文中指数成份股仅作展示，个股描述不作为任何形式的投资建议，也不代表管理人旗下任何基金的持仓 信息和交易动向。基金管理人评估的该基金风险等级为R3-中风险，适宜平衡型（C3）及以上的投资 者，适当性匹配意见请以销售机构为准。任何在本文出现的信息（包括但不限于个股、评论、预测、图 表、指标、理论、任何形式的表述等）均只作为参考，投资人须对任何自主决定的投资行为负责。另， 本文中的任何观点、分析及预测不构成对阅读者任何形式的投资建议，亦不对因使用本文内容所引发的 直接或间接损失负任何责任。基金投资有风险，基金的过往业绩并不代表其未来表现，基金管理人管理 的其他基金的业绩并不构成基金业绩表现的保证，基金投资须谨慎。 MACD金叉信号形成，这些股涨势不错！ 责任编辑：杨赐 12月5日早盘，商业航天概念继续强势，广联航空大涨逾12%，海特高新涨超6%，应流股份涨超5%，中 国卫星、华力创通等涨近3% ...

Report Industry Investment Ratings No relevant information provided. Core Views of the Report - The overall market shows complex trends, with different sectors having their own characteristics. Some sectors are affected by policy expectations, supply - demand relationships, and cost factors, while others are influenced by geopolitical and macro - economic factors. For example, the steel and ore market is expected to be weak in the medium - long term, while the LPG market is currently strong but may not be sustainable [10][43]. Summary by Relevant Catalogs 1. Based on Fundamental and Quantitative Indicators - **Fundamental Analysis**: Some commodities are judged as trend空头 (such as烧碱), some as震荡偏空, 震荡, 震荡偏多, and trend多头. For example,烧碱 is in a trend - bearish state, while中证1000指数期货 is in an oscillating and bullish - biased state [2]. - **Quantitative Analysis**: Some commodities are classified as偏空 (e.g.,沪锌), 震荡 (e.g.,沪金), and偏多 (e.g.,焦煤) based on technical indicators such as volume and price [4]. 2. Macro - financial - **Stock Index Futures**: Adopt an oscillating strategy and temporarily wait and see. A - share market shows differentiation, with the Shanghai Composite Index down 0.06% at 3875.79 points, the Shenzhen Component Index up 0.4%, and the ChiNext Index up 1.01%. The trading volume is 1.56 trillion yuan. The Fed's interest - rate cut expectation is further heating up [7]. - **Treasury Bond Futures**: The bond market may continue to have a wide - range oscillating trend. Pay attention to the curve steepening in the medium term. The capital is loose, and the bond market has been falling, with the long - end driving the short - end interest - rate curve to become steeper [9]. 3. Black Commodities - **Steel and Ore**: In the short term, they will oscillate and consolidate, and in the medium - long term, maintain a bearish view when the price is high. The demand for building materials is weak, and the steel mills' profits are at a low level. The iron ore is relatively strong, while the raw materials such as coal and coke are weak [10]. - **Coal and Coke**: In the short term, they may oscillate and consolidate. Pay attention to the impact of coal - mine production, safety supervision, and changes in downstream molten - iron output [11]. - **Ferroalloys**: Silicon iron is stronger than manganese silicon. It is recommended to hold the long - silicon - iron and short - manganese - silicon position. For silicon iron, hold the long position, and for manganese silicon, maintain a bearish view when the price is high [14]. 4. Soda Ash and Glass - **Soda Ash**: Wait and see. The supply has recovered, but the upstream's willingness to start production has weakened after the cost increase. - **Glass**: In the short term, try to go long when the price is low, and leave the market flexibly when the sentiment changes. The market expects an increase in cold - repair of the supply side, and pay attention to the implementation of cold - repair plans [15]. 5. Non - ferrous Metals and New Materials - **Zinc**: The inventory has decreased, and the price is expected to oscillate widely. It is advisable to wait and see, and aggressive investors can short at high prices [17]. - **Lead**: The social inventory has decreased to a 15 - month low. It is recommended to wait and see and hold short positions cautiously [19]. - **Lithium Carbonate**: In the short term, it will oscillate widely. The supply is increasing, and the demand is slightly weakening, but the long - term demand is good [21]. - **Industrial Silicon and Polysilicon**: Industrial silicon will continue to oscillate, and it is possible to sell out - of - the - money put options at low prices. Polysilicon will also oscillate, and it is advisable to wait and see and operate cautiously [22]. 6. Agricultural Products - **Cotton**: The supply pressure is large in the short term, and the demand has not fully recovered. The high cost supports the price to oscillate and rebound [24]. - **Sugar**: The domestic and international sugar markets are under pressure. The domestic new - crop production is increasing, and the import cost is low. It is advisable to wait and see or short in the short term [25]. - **Eggs**: For the near - month contracts, adopt an oscillating strategy. The 01 contract is recommended to stop loss and wait and see. The far - month contracts are supported by the expectation of a possible shortage in inventory but are under pressure at the current high valuation [26]. - **Apples**: The price will oscillate. The出库 volume has slightly decreased recently, and the spot price is stable [27]. - **Corn**: The short - term 01 contract will maintain a high - level oscillation, and the far - month contracts are likely to be weak [29]. - **Red Dates**: Temporarily wait and see. The prices in the production and sales areas are stable [30]. - **Pigs**: In the short term, the supply pressure is increasing, and the demand is limited. Hold short positions in the near - month contracts. In the long term, the decline in the number of breeding sows is beneficial to the future pig price [31]. 7. Energy and Chemicals - **Crude Oil**: Although there is short - term support, it is in a long - term downward trend. The supply - demand relationship is expected to be oversupplied, and the short - term upward space is limited [33]. - **Fuel Oil**: The price will follow the oil price. The supply is loose, and the demand is flat. The short - term focus is on the geopolitical influence [34]. - **Plastic**: The supply pressure is large, and it will oscillate weakly. It is recommended that industrial customers hedge in time [35]. - **Rubber**: The ru - nr spread may weaken from mid - December to January. Unilaterally, wait and see [36]. - **Synthetic Rubber**: After the sentiment fades, it will oscillate. Be cautious about chasing up or down, and wait and see unilaterally [37]. - **Methanol**: The near - month contracts will oscillate weakly, and the far - month contracts may be slightly bullish if the inventory is removed smoothly [38]. - **Caustic Soda**: In the short term, maintain a bearish and oscillating view, and avoid going long in the near - month contracts [39]. - **Asphalt**: The price fluctuation is expected to increase, and the focus is on the price bottom after the winter - storage game [40]. - **Polyester Industry Chain**: The supply - demand structure is generally stable, and the price is mainly determined by the cost. Pay attention to the interval opportunities of long TA and short PF and ethylene glycol reverse arbitrage [41]. - **Liquefied Petroleum Gas**: The price increase is difficult to sustain. It is recommended to short at high prices [43]. - **Paper Pulp**: Temporarily wait and see. When the delivery profit is obvious, long positions can take profit appropriately [44]. - **Logs**: The fundamentals are weakly oscillating, and the price is under pressure [44]. - **Urea**: The spot price is expected to oscillate strongly, and the futures market is sensitive to the short - term spot trading sentiment. Adopt an intraday oscillating strategy [45].

Group 1: Report Industry Investment Rating - No relevant content Group 2: Core View of the Report - On December 4th, all the current - month contracts of the four major stock index futures rose. IF increased by 0.38%, IH by 0.44%, IC by 0.61%, and IM by 0.39%. The total trading volume of stock index futures declined on this trading day, indicating a cooling of investors' trading enthusiasm. In terms of positions, the total positions of IF, IH, IC, and IM all decreased [1][2]. Group 3: Summary According to Related Catalogs 3.1 Stock Index Futures Data Tracking - **CSI 300 and Related Futures**: The CSI 300 closed at 4546.57, up 0.34%. Among its futures, IF2512 closed at 4530.6, up 0.38% with a basis of - 15.97, and its trading volume was 63708 (down 4155) and position was 136475 (down 5723) [1]. - **SSE 50 and Related Futures**: The SSE 50 closed at 2974.34, up 0.38%. IH2512 closed at 2968.2, up 0.44% with a basis of - 6.14, and its trading volume was 27688 (up 123) and position was 53262 (down 2692) [1]. - **CSI 500 and Related Futures**: The CSI 500 closed at 7012.81, up 0.24%. IC2512 closed at 6983.2, up 0.61% with a basis of - 29.61, and its trading volume was 64721 (down 2618) and position was 123278 (down 10513) [1]. - **CSI 1000 and Related Futures**: The CSI 1000 closed at 7248.66, up 0.01%. IM2512 closed at 7213.4, up 0.39% with a basis of - 35.26, and its trading volume was 116454 (down 2178) and position was 181088 (down 11986) [1]. 3.2 Total Trading Volume and Position Changes - The total trading volume of IF decreased by 5184 lots, IH by 44 lots, IC by 2272 lots, and IM by 5429 lots. The total positions of IF decreased by 3942 lots, IH by 3020 lots, IC by 8576 lots, and IM by 13768 lots [2]. 3.3 Top 20 Member Position Changes - **IF**: For IF2512, long - positions decreased by 5074 and short - positions decreased by 4412; for IF2603, long - positions increased by 581 and short - positions increased by 642 [5]. - **IH**: For IH2512, long - positions decreased by 2193 and short - positions decreased by 1830; for IH2603, long - positions decreased by 511 and short - positions decreased by 214 [5]. - **IC**: For IC2512, long - positions decreased by 7954 and short - positions decreased by 7808; for IC2601, long - positions increased by 737 and short - positions increased by 721 [5]. - **IM**: For IM2512, long - positions decreased by 8399 and short - positions decreased by 10183; for IM2601, long - positions increased by 959 and short - positions increased by 896 [5]. 3.4 Trend Intensity - The trend intensity of IF and IH is 1, and that of IC and IM is also 1. The trend intensity ranges from - 2 to 2, with - 2 being the most bearish and 2 being the most bullish [6]. 3.5 Important Driving Factors - Chinese President Xi Jinping held talks with French President Macron. The two leaders exchanged views on the Ukraine crisis and witnessed the signing of cooperation documents in multiple fields. There was also an inaccurate media report about the Japanese Prime Minister's stance on Taiwan, which was refuted by the Chinese Foreign Ministry [6]. 3.6 Other Market Information - The central bank will conduct a 1 - trillion - yuan 3 - month repurchase operation on December 5th to offset the maturity amount. The three major US stock indexes closed mixed. The Shanghai Composite Index fell 0.06%, while the Shenzhen Component Index rose 0.4% and the ChiNext Index rose 1.01%. The A - share market turnover was 1.56 trillion yuan [7].

Market Overview - The market rebounded after hitting a low, with the ChiNext Index rising over 1% [1] - The robotics sector experienced a significant surge, while the commercial aerospace sector continued its strong performance [1] - The consumer sector showed volatility, particularly in Hainan, which saw a collective decline [1] ETF Market Activity - On December 4, the non-monetary ETF market saw notable inflows, with E Fund's CSI Overseas Internet ETF increasing by 349 million shares, resulting in a net inflow of 533 million yuan [1] - Other ETFs with significant inflows included Guotai's 10-Year Government Bond ETF, which saw a 4.97 million yuan net inflow, and Guotai's CSI A500 ETF, which had a net inflow of 456 million yuan [1][2] Fund Performance - The top-performing ETFs by net inflow for December 4 included: - E Fund's CSI Overseas Internet ETF with a 0.46% increase and a net inflow of 533 million yuan [2] - Guotai's CSI A500 ETF with a 0.35% increase and a net inflow of 456 million yuan [2] - Conversely, the worst performers included Bosera's 30-Year Government Bond ETF, which saw a 1.34% decrease and a net outflow of 370 million yuan [2] Monthly ETF Inflows - As of December 4, the top 20 ETFs by net inflow for the month included: - Harvest's CSI AAA Technology Innovation Bond ETF with a net inflow of 2.576 billion yuan [4] - Huaxia's CSI A500 ETF with a net inflow of 1.087 billion yuan [4] - E Fund's CSI Overseas Internet ETF with a net inflow of 822 million yuan [4] Overall ETF Market Statistics - As of December 4, the total ETF shares in the market reached 32,527.70 million, with a total scale of 57,034.88 million yuan [4] - The materials sector saw the largest increase in shares, with two funds tracking it, while the Shanghai Stock Exchange Sci-Tech Innovation Board Chip Index had the highest number of funds tracking it [4]

扬子晚报网12月5日讯(记者范晓林)今天是周五，昨天高乐股份（002348）4连板，太阳电缆（002300）、安记食品（603696）3连板，睿能科技 （603933）6天5板，航天机电（600151）5天3板。市场探底回升，创业板指涨超1%，早盘一度跌超0.5%。沪深两市成交额1.55万亿，较上一个交易日缩 量1210亿。板块方面，机器人、商业航天等板块涨幅居前。马斯克在社交平台X转发特斯拉擎天柱(Optimus)团队发布的一段"擎天柱"人形机器人跑步的短 视频。受此利好提振下，机器人概念全天表现强势，恒而达（300946）、海昌新材（300885）、睿能科技等多股涨停。 A.利好精选 | 新股名称 昂瑞微 | 申购日期 2025-12-05 | | --- | --- | | 申购代码 787790 | 上市地点 上海证券交易所 | | 发行价格 83.06 | 所属板块 模拟芯片设计 | | ■ 厨房日 | 中签公布 2025-12-09 | 3连板太阳电缆：第三大股东象屿集团及其一致行动人拟合计减持不超3%股份 太阳电缆(002300.SZ)公告称，持股5%以上股东象屿集团及其一致行动人博创15号计划 ...

Group 1 - The three major indices showed slight gains at midday, with the Shanghai Composite Index up 0.04%, the Shenzhen Component Index up 0.35%, and the ChiNext Index up 0.76% [1] - A total of over 3,500 stocks declined across the two markets, with a combined trading volume of 1.03 trillion [1] Group 2 - The shipbuilding sector experienced a decline, falling 2.43% at midday, with Jianglong Shipbuilding and Tianhai Defense both down 5.31%, and Yaguang Technology down 4.3% [3] - The Hainan sector showed weak performance, with Roniu Mountain hitting the daily limit down [3] - The tourism, community group buying, and cultivated diamond sectors had significant declines [3] - The robotics concept stocks collectively rose, with Ruineng Technology hitting the daily limit and achieving five gains in six days, while Junya Technology and Longzhou Shares both achieved two consecutive gains [3] - The commercial aerospace concept continued to show strength, with Aerospace Machinery achieving three gains in five days [3] - The Fujian sector was active, with Anji Food achieving three consecutive gains [3] Group 3 - CATL released an integrated "ship-shore-cloud" solution, with nearly 900 ships equipped with CATL's marine power products [3] - The General Administration of Sports supports professional clubs in legally and reasonably exploring various ways to operate and develop event economies [3] - As of December 3, 2025, the total box office for the holiday season (November 28 - December 31) surpassed 2 billion [3]

Group 1 - The Baltic Dry Index (BDI) has risen for 15 consecutive days, reaching a closing value of 2845 points on December 3, marking a 9.42% increase in a single day, the largest daily gain in nearly two months [5][6] - The cumulative increase of the BDI over this period is 40.15%, indicating a significant upward trend in dry bulk shipping rates [5] - Analysts from Changjiang Securities predict that the dry bulk shipping industry is at a turning point, with three main catalysts for demand: the production of the West Mundu iron ore mine, potential interest rate cuts by the Federal Reserve, and ongoing infrastructure projects [5] Group 2 - The average stock price increase for shipping and port concept stocks this year is 17.41%, with notable performers like Haixia Co., which has seen a stock price increase of 89.83% [7] - Institutional interest in Haixia Co. remains high, with 33 institutions conducting research on the company, while other companies like China Merchants Port have also attracted significant institutional attention [7] - The shipping industry is experiencing a recovery in performance, with companies like Antong Holdings and Jinjiang Shipping reporting net profits in the first three quarters that exceed their projected full-year profits for 2024 [8] Group 3 - Several shipping and port concept stocks are expected to see growth in their annual performance, with at least five institutions predicting an increase in net profits for 2025 [8][9] - Specific companies such as China Merchants Shipping, COSCO Shipping Energy, and Zhonggu Logistics are highlighted for their positive growth forecasts, with expected net profit growth rates ranging from 3.79% to 21.41% [9]

三、涨跌家数 | 日前 | 涨停 | 39 | | --- | --- | --- | | 污水幅 | > 7% | 67 | | 涨幅 | 5-7% | 60 | | 将喝 | 3-5% | 133 | | 沿线 | 0-3% | 1195 | | 跌幅 | 0-3% | 3289 | | 跌幅 | 3-5% | 437 | | 跌幅 | 5-7% | 102 | | 跌幅 | > 7% | 50 | | 其中 跌停 | | 26 | | 上涨家数 下跌家数 | | 1455 3878 | | 平盘停牌 总品种数 | | 123 | | | | 5456 | | 总成交额 | | 15616.71亿 | | 总成交量 | | 108472.67 | | 张家增减 | | -1273 | | 涨家增幅 | | -46.66% | | 指数量比 | | 0.95 | 截至收盘，沪指跌0.06%，报3875.79点，深成指涨0.4%，报13006.72点，创业板指涨1.01%，报3067.48点，科创50指数涨1.36%，报1326.16点。沪深两市合 计成交额15489.6亿元，市场超3800股下跌。 机器人概 ...

12月4日，商业航天概念板块再度走强，其中，上海航天汽车机电股份有限公司(以下简称"航天机电")在11月28日至12月4日期间走出"5天3板"(11月 28日、12月3日、12月4日涨停)，引发市场关注。 经公司自查，并书面询证控股股东及向实际控制人核实，截至目前，不存在对公司应披露而未披露的重大信息。12月4日，航天机电控股股东上海 航天技术研究院在回函中声明，航天机电关于股票交易异常波动问询的函已收悉，经单位情况核实，现回复如下："一、除航天机电已公开披露的 信息外，我单位不存在应披露而未披露的重大信息，包括但不限于与航天机电有关的重大资产重组、发行股份、上市公司收购、债务重组、业务重 组资产剥离和资产注入等重大事项；二、航天机电本次股票异常波动期间，我单位不存在买卖航天机电股票的行为。" 航天机电目前主要经营汽车热系统产业和光伏产业两大产业。2024年度，公司实现营业收入53.49亿元，合并利润总额亏损6373.32万元。2025年前 三季度，该公司实现营业收入26.52亿元，较上年同期减少36.10%，归属于上市公司股东的净利润为-2.47亿元，较上年同期亏损加大，基本每股收 益-0.1721元。 1 ...