真是燃尽了！虽然今天A股盘中跳水，但上证指数尾盘艰难翻红完成九连阳。当然，指数翻红不代表着股民能赚钱，今天超过3300家下跌，25家跌停，周末 热吹的有色金属板块午盘大跳水。不过，最小丑的是港股，上周港股休市期间A股连续上涨，我看到还有人说港股会补涨，结果今天港股高开后单边下行， 还把A股拖下了水。 再来看今天的重磅消息： 周末比较热的就是黄金、白银、铜等金属期货暴涨，但今天盘前直接来了个下马威，现货白银开盘涨超6%后迅速跳水，所以A股有色金属板块开的不 高，且也是迅速跳水。到了午盘黄金、白银、铜期货又来了一波跳水，钯主力、铂主力跌停，碳酸锂期货盘中一度跌停收盘跌超7%，A股贵金属、工 业金属、能源金属等板块也大幅跳水。 上周跟大家提过，ETF资金持续买入是近期推动A股上涨的重要力量，其中A500ETF又是主力，仅上周六只A500ETF就迎来了近500亿资金净申购。关于资金 为何在年底持续加仓A500ETF有两个说法，一个是年底要冲规模排名，另一个是为A500ETF期权冲量，反正都是为了规模。 那么问题来了，到了明年年初这些年底抢量的资金会不会继续流入还是说要转为卖出呢？ 今天国债期货也是全线下跌，30年期主 ...

A股近几年有个规律，那就是年底都要杀一波小票，11月是机构调仓，年底游资也要结账兑现。以国证2000指数为例，2023年12月跌幅为2.88%，24年初更 是由于雪球、量化爆仓而暴跌20%，24年12月跌幅为4.12%，而截至今天收盘，25年12月还涨了1.24%。当然，从我的经验来看，微盘股最惨的是春节前，那 时候资金结账的动力更强烈，年内各种热门题材的概念股，由于没有业绩支撑，很容易A杀。今天题材股已有退潮迹象，合富中国、平潭发展等高位妖股午 盘大跳水，一度超过4000家下跌，资金开始抱团业绩票、机构票。 美国总统特朗普将在明年1月第一周指定美联储新主席人选。鲍威尔的四年主席任期将于明年5月届满，特朗普此前表示，他希望选择一位支持增长友 好型货币政策的继任者。美联储理事米兰表示，如果美联储明年不继续降息，可能面临引发经济衰退的风险。他还表示，预计短期内不会出现经济下 行，但失业率上升应促使美联储官员继续降息。 据报道，2025年12月23日上午，长征十二号甲（CZ-12A）运载火箭顺利完成首飞任务，成功实现二级入轨目标，不过其一级火箭回收验证未取得预期 成效。A股商业航天板块退潮，顺灏股份、华体科技等多股 ...

Group 1 - Huawei Ascend concept stocks rose by 2.66%, ranking 6th in the concept sector, with 83 stocks increasing in value [1] - Notable gainers include Zhongfu Information with a 20% limit up, Zhizhen Technology and Shengshi Technology also hitting the limit up, while Dongfang Guoxin, Xinghuan Technology, and Jiechuang Intelligent saw increases of 12.89%, 11.31%, and 10.20% respectively [1] - Decliners in the sector included Innovation Medical, Zhiyang Innovation, and *ST Zhisheng, which fell by 3.05%, 2.81%, and 2.31% respectively [1] Group 2 - The Huawei Ascend concept sector experienced a net inflow of 1.844 billion yuan, with 52 stocks receiving net inflows, and 12 stocks exceeding 100 million yuan in net inflows [2] - Top net inflow stocks included Tuowei Information with 308 million yuan, followed by Dongfang Guoxin, Changshan Beiming, and Runhe Software with net inflows of 188 million yuan, 171 million yuan, and 154 million yuan respectively [2] Group 3 - In terms of net inflow ratios, Zhizhen Technology, Shengshi Technology, and Electric Science Digital led with net inflow ratios of 39.83%, 25.48%, and 16.99% respectively [3] - The top stocks in the Huawei Ascend concept based on net inflow included Tuowei Information, Dongfang Guoxin, and Changshan Beiming, with respective daily price changes of 6.33%, 12.89%, and 3.36% [3][4]

Group 1 - A-share market sees a rise in Huawei Ascend concept stocks, with Changshan Beiming hitting the daily limit up [1] - Tuo Wei Information increases by over 9%, while Runhe Software rises by over 7% [1] - Huiwei Intelligent grows by over 6%, with other companies like Shen Shui Haina, Tianyuan Dike, Softcom Power, and Daily Interaction also experiencing gains [1]

Core Insights - Huawei Ascend concept stocks experienced significant movements, with Changshan Beiming hitting the daily limit up, and Tuo Wei Information and Runhe Software rising over 5% [1] Company Movements - Changshan Beiming saw a straight limit increase, indicating strong investor interest and confidence in the stock [1] - Tuo Wei Information and Runhe Software both recorded gains exceeding 5%, reflecting positive market sentiment towards companies associated with Huawei's technology [1] - Softcom Power and Tianyuan Dike also experienced upward movement, suggesting a broader trend among companies linked to Huawei's Ascend ecosystem [1]

Group 1 - Huawei Ascend concept stocks have seen a significant rise, with Lihexing hitting a 20% limit up and reaching a new high [1] - Donghua Software also reached the limit up, while Xingtuxinke increased by over 10% [1] - Other companies such as Xinghuan Technology, YKDE, Tianyuandike, Zhizhen Technology, and Yuntianlefei also experienced gains [1]

Market Overview - The market experienced mixed performance with the Shanghai Composite Index closing at 3868.38, down 0.39% [9] - The Shenzhen Component Index rose by 0.26%, while the ChiNext Index and the STAR Market 50 Index fell by 0.76% and 1.31% respectively [9][10] - The overall trading volume decreased significantly, with total market turnover at 27098.31 billion, down 4671.17 billion from the previous trading day [10] Economic Insights - China's foreign investment stock has exceeded 3 trillion USD, maintaining a top-three global position for eight consecutive years [17][18] - The People's Bank of China conducted a 405.8 billion CNY reverse repurchase operation, with a fixed rate of 1.40% [19][20] - The State Council issued opinions on the implementation of "Artificial Intelligence+" actions, focusing on six key areas including technology, industry development, and global cooperation [21][22] Industry Dynamics - Deep Valley Technology launched its first glass-based 3D waveguide chip production line, marking a significant technological advancement [27][28] - The construction machinery sector showed signs of recovery, with a national operating rate of 44.43% in July, particularly strong growth in the western regions [29][30] - The National Press and Publication Administration approved 166 domestic game licenses, a significant increase from previous months [31][32] - Runto Technology reported a 24% year-on-year increase in online sales of laptops in China for the first half of 2025, driven by government subsidies and consumer demand [33][34] Company Performance - Kailaiying (002821.SZ) reported a net profit of 617 million CNY for H1 2025, a 23.71% increase year-on-year, with total revenue reaching 3.188 billion CNY [36] - Lens Technology (300433.SZ) achieved a net profit of 1.143 billion CNY in H1 2025, up 32.68% year-on-year, with revenue of 32.96 billion CNY [38][39] - Meiya Optoelectronics (002690.SZ) reported a revenue of 1.023 billion CNY for H1 2025, reflecting a 9.9% increase, with a net profit of 303 million CNY [42][43] - Luxshare Precision (002475.SZ) posted a revenue of 124.5 billion CNY for H1 2025, a 20.18% increase, with a net profit of 6.644 billion CNY [45]

Group 1: Market Overview - The main funds in the Shanghai and Shenzhen markets experienced a net outflow of 459.84 billion yuan, with the ChiNext board seeing a net outflow of 285.79 billion yuan and the CSI 300 index stocks a net outflow of 116.17 billion yuan [1] - Among the 17 sectors tracked, the agriculture, forestry, animal husbandry, and fishery, as well as the beauty and personal care sectors, had the highest gains, both exceeding 2% [1] - Four sectors received net inflows from main funds, with the banking and beauty care sectors leading at 7.68 billion yuan and 2.05 billion yuan respectively [1] Group 2: Individual Stock Performance - Three stocks saw net inflows exceeding 12 billion yuan, namely Tuowei Information, GoerTek, and Liou Co., with net inflows of 17.79 billion yuan, 13.09 billion yuan, and 12.13 billion yuan respectively [2][3] - Tuowei Information's net inflow reached a new high since November 14, 2024, while GoerTek's net inflow was the highest since January 5, 2023 [3] - Liou Co. is planning to issue shares overseas (H-shares) and list on the Hong Kong Stock Exchange to enhance its global strategy and brand image [3] Group 3: Significant Outflows - Over 200 stocks experienced net outflows exceeding 1 billion yuan, with 15 stocks seeing outflows over 6 billion yuan [5] - The stock New Yisheng had the largest net outflow at 13.7 billion yuan, despite reporting a revenue of 104.37 billion yuan and a net profit of 39.42 billion yuan for the first half of the year [5] - Heertai saw a net outflow of 12.51 billion yuan, marking a new high since November 22, 2024, with a cumulative outflow of 13.88 billion yuan over two trading days [6]

Group 1 - The main point of the article highlights the net inflow of major funds into four industries, with significant outflows from the overall market on August 26, totaling 459.84 billion yuan [1] - Among the 17 industries tracked, the agriculture, forestry, animal husbandry, and fishery, as well as the beauty and personal care sectors, saw the highest gains, both exceeding 2% [1] - The banking and beauty care industries led the net inflow of major funds, with inflows of 768 million yuan and 205 million yuan, respectively [1] Group 2 - Top three stocks with net inflows exceeding 1.2 billion yuan include Tuowei Information, Goer Technology, and Liou Co., with inflows of 1.779 billion yuan, 1.309 billion yuan, and 1.213 billion yuan, respectively [2][3] - Goer Technology reported a 15.65% year-on-year increase in net profit for the first half of the year, amounting to 1.417 billion yuan [2] - Liou Co. is planning to issue shares overseas (H-shares) and list on the Hong Kong Stock Exchange to enhance its global strategic layout and financing capabilities [2] Group 3 - Five stocks experienced significant net outflows exceeding 1 billion yuan, with Xinyi Sheng leading at 1.37 billion yuan [4][5] - The company reported a remarkable year-on-year revenue growth of 282.64% for the first half of the year, reaching 10.437 billion yuan [4] - Other notable stocks with high net outflows include Heertai, Sunshine Power, and Northern Rare Earth, each exceeding 1 billion yuan [4][5] Group 4 - The article also notes that 16 stocks had net inflows exceeding 50 million yuan at the end of the trading day, with Wuhan Fanggu leading at 332 million yuan [6][7] - The overall market saw a net outflow of 115.99 billion yuan at the end of the trading day, with the ChiNext board contributing 66.02 billion yuan to this outflow [6][7]

Market Overview - The market experienced fluctuations with mixed performance across the three major indices, where the Shanghai Composite Index fell by 0.39%, the Shenzhen Component Index rose by 0.26%, and the ChiNext Index decreased by 0.75% [1] - A total of over 2800 stocks rose in the market, indicating a generally positive sentiment despite the index movements [1] Sector Performance - Consumer electronics stocks showed strong performance, with companies like GoerTek reaching the daily limit [1] - Huawei Ascend concept stocks surged, with Tuwei Information hitting the daily limit [1] - Gaming stocks were active, with 37 Interactive Entertainment also reaching the daily limit [1] - In contrast, rare earth permanent magnet stocks underwent adjustments, with Northern Rare Earth and others dropping over 5% [1] Trading Volume - The total trading volume in the Shanghai and Shenzhen markets was 2.68 trillion yuan, a decrease of approximately 462.17 billion yuan compared to the previous trading day [1] - The Shanghai market accounted for 1.11 trillion yuan, while the Shenzhen market contributed 1.56 trillion yuan [1] Top Stocks by Trading Volume - Northern Rare Earth led in trading volume with 20.30 billion yuan, followed by Zhongke Shuguang at 19.56 billion yuan, Cambrian at 15.64 billion yuan, Dongfang Caifu at 14.93 billion yuan, and Shenghong Technology at 14.46 billion yuan [1]