美银证券发布研报指出，重申对中创新航的"买入"评级，看好公司在储能和动力电池领域的持续增长潜 力。该行将中创新航目标价由24港元大幅上调至35港元，调幅达27.3%。报告指出，中国储能市场持续 强劲，8月国内储能中标规模达26GW/69GWh，同比增长超500%。报告预计，2025-2030年间中国储能 电池需求将保持稳定增长，发改委及国家能源局宣布2027年新型储能装机目标容量达180GW，而在全 球储能大会上，专家预计2030年有望进一步增至240GW。而中创新航作为港股动力电池第一股，将受 益于订单集中化趋势，预计2025至2027年电池出货量将提高9%/14%/17%。 消息面上，9月19日—20日，2025遂宁国际锂电产业大会召开。据报道，工信部将深化供给侧结构性改 革，巩固产业链优势。面向中长期新型电池产业发展趋势，研究编制《"十五五"新型电池产业发展规 划》，加强产业发展统筹规划和系统布局。积极探索区域协调发展模式，引导各地区因地制宜，差异 化、特色化开展锂电池产业规划布局。业内表示，工信部此次表态不仅明确了国家层面对该产业的战略 重视，更释放了防范低水平重复建设、优化产业布局的清晰信号。 中创 ...

美银证券发布研报指出，重申对中创新航的"买入"评级，看好公司在储能和动力电池领域的持续增长潜 力。该行将中创新航目标价由24港元大幅上调至35港元，调幅达27.3%。报告指出，中国储能市场持续 强劲，8月国内储能中标规模达26GW/69GWh，同比增长超500%。报告预计，2025-2030年间中国储能 电池需求将保持稳定增长，发改委及国家能源局宣布2027年新型储能装机目标容量达180GW，而在全 球储能大会上，专家预计2030年有望进一步增至240GW。而中创新航作为港股动力电池第一股，将受 益于订单集中化趋势，预计2025至2027年电池出货量将提高9%/14%/17%。 消息面上，9月19日—20日，2025遂宁国际锂电产业大会召开。据报道，工信部将深化供给侧结构性改 革，巩固产业链优势。面向中长期新型电池产业发展趋势，研究编制《"十五五"新型电池产业发展规 划》，加强产业发展统筹规划和系统布局。积极探索区域协调发展模式，引导各地区因地制宜，差异 化、特色化开展锂电池产业规划布局。业内表示，工信部此次表态不仅明确了国家层面对该产业的战略 重视，更释放了防范低水平重复建设、优化产业布局的清晰信号。 智通 ...

【智通财经9月22日早间新闻精选】 1、9月19日晚，国家主席习近平同美国总统特朗普通电话，就当前 中美关系和共同关心的问题坦诚深入交换意见，就下阶段中美关系稳定发展作出战略指引。通话是务 实、积极、建设性的。 2、国务院总理李强9月19日主持召开国务院常务会议，研究关于在政府采购中 实施本国产品标准及相关政策；会议讨论并原则通过《中华人民共和国银行业监督管理法（修订草 案）》，决定将草案提请全国人大常委会审议。 3、央行、金融监管总局、证监会、外汇局负责人将于 9月22日下午3点召开新闻发布会， 介绍"十四五"时期金融业发展成就。 4、商务部新闻发言人9月20日 就TikTok问题进展情况答记者问时表示，中方在TikTok问题上的立场是清楚的，中国政府尊重企业意 愿，乐见企业在符合市场规则基础上做好商业谈判，达成符合中国法律法规、利益平衡的解决方案。 5、央行9月20日发布公告称，即日起，公开市场14天期逆回购操作调整为固定数量、利率招标、多重价 位中标，操作时间和规模将根据流动性管理需要确定。 6、据报道，工信部将研究编制《"十五五"新型 电池产业发展规划》，加强产业发展统筹规划和系统布局，防范低水平重复 ...

Market Overview - US stock indices showed slight gains, with the Dow Jones up 0.1%, Nasdaq up 0.35%, and S&P 500 up 0.15% as of September 19 [1] - The market is influenced by the Federal Reserve's interest rate cuts, with the Russell 2000 index rising 2.5% [1] A-Share Market Analysis - A-shares are experiencing a phase of adjustment due to a lack of new positive stimuli and the aftermath of a recent market drop [3] - Despite short-term fluctuations, the overall upward trend is expected to continue after adjustments [3] Industry Developments - Volant Aerospace signed an order for 500 electric aircraft valued at $1.75 billion with Thailand's Pacific Group [5] - The Ministry of Industry and Information Technology is planning a new battery industry framework to avoid resource waste and redundant investments [5] - Huawei showcased two innovative patents focused on silicon carbide cooling solutions to enhance electronic device heat dissipation [5] Market Sentiment - Global investment interest in the Chinese market is increasing, particularly in the technology sector, with firms like Goldman Sachs recommending an overweight position in Chinese stocks [7] - A joint notification from nine departments aims to enhance the convenience of living circles by 2030, targeting the establishment of 1,000 well-distributed and efficient service areas [7]

Market Performance - On September 19, 2025, the three major indices experienced fluctuations, with the Shanghai Composite Index down by 0.30%, the Shenzhen Component Index down by 0.04%, and the ChiNext Index down by 0.16%[3] - The total market turnover was 23,494.05 billion yuan, a decrease of 8,172.23 billion yuan from the previous trading day[3] - A total of 1,910 stocks rose while 3,405 stocks fell across the market[3] Sector and Style Analysis - Among the 30 CITIC first-level industries, the top performers were Consumer Services (up 2.28%), Coal (up 1.95%), and Nonferrous Metals (up 1.22%)[22] - The worst performers included Comprehensive Finance (down 2.30%), Automotive (down 1.70%), and Pharmaceuticals (down 1.35%)[22] - In terms of investment style, the ranking of indices by performance was: 0 > Cyclical > Stable > Financial > Growth > Consumption[22] Capital Flow - On September 19, 2025, the net outflow of main funds was 587.33 billion yuan, with large orders seeing a net outflow of 230.40 billion yuan and small orders experiencing a net inflow of 643.08 billion yuan[26] - The trading volume of major ETFs such as the Huaxia SSE 50 ETF and the Huatai-PB CSI 300 ETF decreased significantly, with changes of -20.00 billion yuan and -21.19 billion yuan respectively[30] Global Market Trends - On September 19, 2025, major Asia-Pacific indices showed mixed results, with the Hang Seng Index unchanged at 26,545.10 points and the Nikkei 225 Index down by 0.57% to 45,045.81 points[5][33] - European indices generally rose on September 18, 2025, with the DAX Index up 1.35% and the CAC40 Index up 0.87%[6][34]