| | | 沪镍产业日报 2025-07-17 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货主力合约收盘价:沪镍(日,元/吨) | 119880 | -670 08-09月合约价差:沪镍(日,元/吨) | -160 | -20 | | | LME3个月镍(日,美元/吨) | 14990 | -225 主力合约持仓量:沪镍(日,手) | 53426 | -702 | | | 期货前20名持仓:净买单量:沪镍(日,手) | -16072 | -927 LME镍:库存(日,吨) | 207288 | 708 | | | 上期所库存:镍(周,吨) | 25047 | 125 LME镍:注销仓单:合计(日,吨) | 10038 | 720 | | | 仓单数量:沪镍(日,吨) | 20958 | -91 | | | | 现货市场 | SMM1#镍现货价(日,元/吨) | 120450 | -1650 现货均价:1#镍板:长江有色(日,元/吨) | 120250 | -1750 | | ...

数据来源第三方，观点仅供参考。市场有风险，投资需谨慎！ | | | 沪锡产业日报 2025-07-17 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 期货主力合约收盘价:沪锡(日,元/吨) | 261920 | -2040 LME3个月锡(日,美元/吨) | 33260 | -300 | | | 8月-9月合约收盘价:沪锡(日,元/吨) | -170 | -40 主力合约持仓量:沪锡(日,手) | 22969 | 221 | | | 期货前20名净持仓:沪锡(日,手) | 610 | 261 LME锡:总库存(日,吨) | 1980 | -115 | | | 上期所库存:锡(周,吨) | 7097 | -101 LME锡:注销仓单(日,吨) | 420 | -150 | | | 上期所仓单:锡(日,吨) | 6777 | -70 | | | | 现货市场 | SMM1#锡现货价格(日,元/吨) | 261900 | -1700 长江有色市场1#锡现货价(日,元/吨) | 26357 ...

证券研究报告 | 行业动态点评 2025 年 07 月 17 日 电力设备及新能源 英国重启新能源车补贴，旨在完善相关基础设施配套，惠及民生& 就业 事件：2025 年，7 月 13 日，英国政府重启新能源车补贴，补贴规模 6300 万 英镑。这笔资金将助力打造一个更公平、更清洁的未来，让每个家庭都能享 受到更廉价、更环保的交通方式。与 7 月初美国大漂亮法案全面取消新能源 车退税补贴形成鲜明对比，充分体现本届英国政府对于新能源车产业发展前 景的重视。 一揽子补贴法案覆盖面广，通过新能源车推广与相关充电基础设施建设降低 能源支出。根据英国政府网站公布的相关内容，本次新能源车补贴涵盖：1. 加大充电领域投资力度，打破新能源车补能障碍，完善全英充电基础设施布 局，为家庭、企业和公共部门降低综合使用成本；2.6300 万英镑一揽子计划 将支持无私家独立车道家庭实现居家充电，助力英格兰国民医疗服务体系 （NHS）车队转型以节省数百万开支，在全英企业仓库区建设数千个充电点。 3.该计划是在已投入 4 亿英镑用于充电基础设施建设以及近期更新零排放车 辆指令的基础上推出的，旨在推动经济增长、创造数千个绿色就业岗位，并 让人 ...

2025 年 7 月 17 日 招银国际环球市场 | 市场策略 | 招财日报 每日投资策略 宏观经济、行业及公司点评 全球市场观察 招银国际研究部 邮件：research@cmbi.com.hk 敬请参阅尾页之免责声明 请到彭博 (搜索代码: RESP CMBR )或 http://www.cmbi.com.hk 下载更多研究报告 1 中国股市回撤，港股冲高回落，A 股小幅下跌，地产、科技与金融板块领跌， 医疗、电讯与必选消费等防御性板块上涨。中国商品期货走低，人民币小幅 走弱。中国政策向经济再平衡方向演进，国务院总理李强表示将深入实施提 振消费专项行动，优化消费品以旧换新政策，切实规范新能源车产业竞争秩 序。宝马牵手华为鸿蒙生态后，又与国内智驾独角兽 Momenta 联姻，此前 奔驰、奥迪已相继与 Momenta 开启合作。 欧洲股市下跌，欧盟面对美国 30%关税威胁考虑动用"反胁迫工具"进行报复， 该工具包括征收新税和限制美企在欧投资等，法国主导支持，但欧盟委员会 认为谈判仍在进行，动用该工具为时过早。阿斯麦重挫超 11%，因其警告称 关税不确定性可能令 2026 年增长无法实现。英国 6 月 CPI 增 ...

股指期货连续上涨是宏观经济向好、政策利好以及资金流入等多因素共同作用的结果，我们认为这些趋 势都未结束，股指期货后市仍具备上涨潜力。 一、股指期货连续上涨原因 （一）宏观经济向好，企业盈利改善 国内GDP 增速稳健，最新数据显示一季度GDP同比增长5.4%，经济复苏步伐持续。除此之外，6月份我 国制造业、非制造业和综合PMI分别为49.7%、50.5%和50.7%，分别比上月上升0.2、0.2和0.3个百分 点，行业景气水平继续改善。另外，我国进出口数据也逐步回暖，反映出我国在全球贸易格局中的竞争 力和经济韧性。从微观上看，线下餐饮、旅游等行业消费复苏明显。社会消费品零售总额稳步增长，消 费升级趋势明显，这些都对股市形成有力支撑。 在这样的宏观经济环境下，企业盈利状况得到较大改善，上市公司财报显示，大部分企业净利润同比增 长，这为股市上行提供了坚实的基本面支撑，进而推动股指期货持续上涨。 （二）政策利好不断，释放积极信号 财政政策方面，政府加大基础设施建设投资，专项债发行规模扩大，预计今年三季度地方债发行也将有 所加速，单季度新增专项债发行规模或接近2万亿元。专项债主要投向交通、能源等重点领域，带动相 关产业 ...

金融界7月10日消息，上证指数低开高走，上证新能源车产业指数 (上证新能源车，950194)报1507.32 点。 数据统计显示，上证新能源车产业指数近一个月上涨8.77%，近三个月上涨18.52%，年至今上涨 13.09%。 据了解，上证新能源车产业指数从沪市选取主营业务与新能源汽车产业相关的上市公司证券作为指数样 本，反映沪市新能源汽车产业上市公司证券的整体表现。该指数以2014年12月31日为基日，以1000.0点 为基点。 从指数持仓来看，上证新能源车产业指数十大权重分别为：华友钴业（15.47%）、宏发股份 （10.63%）、璞泰来（7.79%）、均胜电子（6.7%）、法拉电子（6.11%）、天奈科技（5.03%）、容百 科技（4.4%）、孚能科技（3.99%）、厦钨新能（3.65%）、诺德股份（3.32%）。 从上证新能源车产业指数持仓的市场板块来看，上海证券交易所占比100.00%。 从上证新能源车产业指数持仓样本的行业来看，工业占比69.11%、原材料占比15.47%、可选消费占比 9.32%、信息技术占比6.11%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的 ...

Group 1 - The core viewpoint highlights the significant growth and performance of the innovative pharmaceutical ETF (560900), which has seen a 1.64% increase and is experiencing active trading with a turnover of 12.59% and a transaction volume of 4.4435 million yuan [1] - The CSI Innovative Pharmaceutical Industry Index (931152) has also shown strong performance, rising by 1.83%, with notable increases in constituent stocks such as Rongchang Bio (688331) up 10.28%, Zai Lab (688266) up 6.28%, and Yifan Pharmaceutical (002019) up 5.77% [1] - As of June 30, the innovative pharmaceutical ETF (560900) has seen a significant increase in shares by 500,000, ranking first among comparable funds [1] Group 2 - According to Guojin Securities, the global competitiveness of innovative drugs is becoming more prominent, with accelerated external licensing and a trend towards profitability in the industry [1] - The number and quality of new drug approvals in China have continued to improve since the beginning of 2025, with an increasing pace of commercialization for innovative drugs and the introduction of internationally leading new drugs into China [1] - The innovative pharmaceutical sector, which has experienced several years of stagnation, is now considered to be in a value trough [1] Group 3 - The rise of AI is driving a new wave of technological advancements, prompting Morgan Asset Management to integrate its "Global Vision Investment Technology" product line to assist investors in strategically positioning themselves in quality tech companies [1] - Morgan's actively managed funds focus on emerging industry trends, including the Morgan Emerging Power Fund and the Morgan Smart Connectivity Fund, which targets opportunities in artificial intelligence [2] - The passive investment options include the Morgan Hang Seng Technology ETF and the Morgan CSI Innovative Pharmaceutical Industry ETF, providing easy access to Chinese innovative pharmaceutical companies [2]

Group 1 - The core viewpoint of the news highlights the strong performance of the Science and Technology Innovation Information Technology ETF Morgan (588770), which has seen a 2.02% increase, marking its third consecutive rise, with a trading volume of 5.2522 million yuan [1] - The underlying index, the Shanghai Stock Exchange Science and Technology Innovation Board New Generation Information Technology Index (000682), has also shown robust growth, increasing by 2.16% [1] - Notable individual stocks within the index include Wealth Trend (688318) rising by 17.83%, Shengke Communication (688702) up by 8.21%, and Naxin Micro (688052) increasing by 7.18% [1] Group 2 - Over the past week, the Science and Technology Innovation Information Technology ETF Morgan (588770) has accumulated a 2.29% increase, ranking in the top third among comparable funds [2] - The Lujiazui Forum has introduced the "Science and Technology Innovation Board 1+6" reform package, which is expected to enhance the capital market reform efforts [2] - There is an anticipated increase in support for private science and technology enterprises in terms of financing and mergers and acquisitions, which is expected to catalyze leading technology companies with financing or investment needs [2] Group 3 - The Science and Technology Innovation Information Technology Index comprises 50 large-cap companies from sectors such as next-generation information networks, electronic core, emerging software, and new information technology services [2] - The rise of AI is driving a new wave of technological advancements, prompting Morgan Asset Management to integrate its "Global Vision Investment Technology" product line to help investors capitalize on quality technology companies globally [2] - Various actively managed funds focus on emerging industry trends, AI opportunities, and sectors like new energy vehicles and humanoid robots, while passive investment options include ETFs targeting technology assets in Hong Kong and innovative pharmaceutical companies in China [3]

Group 1 - The Hang Seng Technology HKETF (513890) experienced a rise of over 1% in the afternoon trading session on June 16, 2025, with a turnover of 14.47% and a transaction volume of 63.39 million yuan, indicating active market trading [1] - The Hang Seng Technology Index (HSTECH) increased by 0.57%, with notable gains from constituent stocks such as Kingsoft (03888) up 12.50%, SenseTime-W (00020) up 4.96%, Xiaomi Group-W (01810) up 3.85%, Bilibili-W (09626) up 3.13%, and Kuaishou-W (01024) up 2.24% [1] - As of June 13, 2025, the latest scale of the Hang Seng Technology HKETF reached 437 million yuan, marking a new high since its inception, with a net inflow of 18.08 million yuan and a total of 16.98 million yuan in the last five trading days [1] Group 2 - Huatai Securities noted that the Hong Kong stock market has shown a rebound over the past two months, approaching the high points of the first quarter of 2025, but anticipates a lack of strong upward momentum in the short term due to factors such as interest rates, risk premiums, and earnings [1] - The report highlights that while there is an increasing focus from domestic and foreign investors on Chinese assets and the expansion of the Hong Kong stock market creates a favorable environment for trend-based allocation, the risk of significant market downturns remains relatively controllable [1]

Group 1 - The core viewpoint of the news highlights the significant performance of the Hang Seng Technology HKETF (513890) and its underlying index, with a notable increase in trading volume and net inflow of funds [1][2] - As of May 27, the Hang Seng Technology HKETF experienced a scale growth of 3.7975 million, ranking first among comparable funds, with a total share reaching 395 million, marking a one-year high [1] - Xiaomi Group reported a record-breaking first-quarter performance for 2025, with revenue of 111.3 billion, a year-on-year increase of 47.4%, and an adjusted net profit of 10.7 billion, up 64.5% year-on-year [1][2] Group 2 - Xiaomi's R&D investment for the first quarter of 2025 was 6.7 billion, a year-on-year increase of 30.1%, with an expected total R&D investment of 30 billion for the year [2] - Xiaomi has become the fourth company globally to release a self-developed 3nm process mobile chip, enhancing its product competitiveness and supporting its high-end product strategy [2] - The Hang Seng Technology Index represents the top 30 Hong Kong-listed companies highly related to technology themes, and the Hang Seng Technology HKETF closely tracks this index [2][3]