资金面上看，今日金属铅概念板块获主力资金净流入7.94亿元，其中，25股获主力资金净流入，8股主 力资金净流入超5000万元，净流入资金居首的是盛屯矿业，今日主力资金净流入2.12亿元，净流入资金 居前的还有华钰矿业、大中矿业、锡业股份等，主力资金分别净流入8849.06万元、8783.33万元、 8259.98万元。 截至11月25日收盘，金属铅概念上涨3.17%，位居概念板块涨幅第4，板块内，32股上涨，华锡有色、 罗平锌电等涨停，盛屯矿业、国城矿业、盛达资源等涨幅居前，分别上涨7.59%、6.04%、5.48%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | F5G概念 | 4.52 | 中船系 | -0.95 | | 共封装光学(CPO) | 3.62 | 兵装重组概念 | -0.36 | | 光纤概念 | 3.61 | 养鸡 | -0.36 | | 金属铅 | 3.17 | 国产航母 | -0.32 | | 海南自贸区 | 3.13 | 猪肉 | -0.03 | | 金属锌 | 3.07 | 中韩 ...

核心观点 【市场回顾】 市 场 研 究 [Table_Title] 万联晨会 [Table_MeetReportDate] 2025 年 11 月 20 日 星期四 [Table_Summary] 概览 周三，A 股缩量震荡，截至收盘，上证指数收涨 0.18%，报 3946.74 点，深证成指持平，创业板指涨 0.25%。沪深两市 A 股成交额约 1.73 万亿元人民币，超 3900 股下跌。申万行业方面，有色金属、石油石 化行业领涨，综合行业领跌；概念板块方面，中船系、金属铅概念涨 幅居前。港股方面，香港恒生指数收盘跌 0.38%，恒生科技指数跌 0.69%。美国三大股指小幅收涨，道指涨0.10%，标普500指数涨0.38%， 纳指涨 0.59%。欧洲股市涨跌不一，亚太股市多数收跌。 【重要新闻】 【京津冀签署自贸试验区全产业链协同创新行动方案】《京津冀自贸 试验区全产业链协同创新行动方案》19 日在天津签署，明确在先进 制造、数字经济、现代物流三大重点产业领域开展协同创新，标志着 三地自贸试验区在产业链协同、制度创新、政策联动等方面迈出实质 性步伐。根据行动方案，立足天津全国先进制造研发基地功能定位， 天 ...

资金流入比率方面，倍杰特、中国中冶、湖南白银等流入比率居前，主力资金净流入率分别为 12.40%、12.32%、8.80%。（数据宝） 金属铅概念资金流入榜 截至11月19日收盘，金属铅概念上涨2.03%，位居概念板块涨幅第2，板块内，28股上涨，赤峰黄金、 兴业银锡、锡业股份等涨幅居前，分别上涨7.00%、6.68%、5.88%。跌幅居前的有卧龙新能、粤宏远 A、金徽股份等，分别下跌3.13%、2.62%、1.91%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 中船系 | 4.60 | 海南自贸区 | -4.52 | | 金属铅 | 2.03 | 托育服务 | -2.82 | | 金属锌 | 2.00 | 赛马概念 | -2.45 | | 养鸡 | 1.90 | PET铜箔 | -2.37 | | 盐湖提锂 | 1.83 | 空间计算 | -2.31 | | 太赫兹 | 1.74 | EDR概念 | -2.29 | | 兵装重组概念 | 1.47 | 天津自贸区 | -2.29 | | 国产航母 | ...

Group 1 - The metal lead concept increased by 4.27%, ranking fourth among concept sectors, with 33 stocks rising, including Xingye Yinxin, Guocheng Mining, and Dazhong Mining hitting the daily limit [1] - Leading gainers in the metal lead sector included Huaxi Nonferrous, Shengda Resources, and Yuguang Gold Lead, which rose by 8.55%, 7.97%, and 7.54% respectively [1] - The sector saw a net inflow of 3.064 billion yuan from main funds, with 29 stocks receiving net inflows, and 11 stocks exceeding 100 million yuan in net inflow [2] Group 2 - The top net inflow stock was Zijin Mining, with a net inflow of 682 million yuan, followed by Shengtun Mining, Xingye Yinxin, and Hebang Biological, with net inflows of 610 million yuan, 563 million yuan, and 291 million yuan respectively [2] - In terms of net inflow ratios, Shengtun Mining, Jinhui Co., and Hebang Biological led with ratios of 20.05%, 17.15%, and 17.01% respectively [3] - The overall performance of the metal lead sector was strong, with significant contributions from various companies, indicating a positive market sentiment [2][3]

Core Insights - The metal lead sector experienced a rise of 2.53%, ranking 7th among concept sectors, with 26 stocks increasing in value, including Weiling Co., Guocheng Mining, and Baodi Mining reaching their daily limit [1][2] - The leading gainers in the sector were Huayu Mining, Huaxi Nonferrous, and Hunan Gold, with increases of 7.16%, 6.03%, and 5.83% respectively [1] - The sector saw a net inflow of 1.034 billion yuan from main funds, with 23 stocks receiving net inflows, and 6 stocks exceeding 100 million yuan in net inflow [2] Sector Performance - The metal lead sector was among the top-performing sectors today, with a 2.53% increase, while other sectors like dairy and diamond cultivation also showed positive performance [2] - The top three stocks by net inflow were Huayu Mining (236.17 million yuan), Xingye Silver Tin (209.77 million yuan), and Baiyin Nonferrous (183.30 million yuan) [2][3] Stock Specifics - Weiling Co., Baodi Mining, and Guocheng Mining had the highest net inflow ratios at 25.91%, 21.90%, and 20.74% respectively [3] - Huayu Mining led the sector with a daily increase of 7.16% and a turnover rate of 9.39% [3] - Other notable performers included Hunan Gold with a 5.83% increase and a turnover rate of 5.38% [3]

Group 1 - The metal lead concept declined by 2.80% as of the close on November 4, ranking among the top declines in the concept sector, with Guocheng Mining hitting the limit down [1] - Within the lead concept sector, major declines were seen in companies such as Xingye Silver Tin, Dazhong Mining, and Tin Industry Co., with increases noted in Zhejiang Fuhua Holdings, Yuehongyuan A, and Luoping Zinc Electric, which rose by 3.10%, 1.15%, and 0.99% respectively [1] - The lead concept sector experienced a net outflow of 2.699 billion yuan from main funds today, with 31 stocks seeing net outflows, and 10 stocks exceeding 100 million yuan in net outflows, led by Zijin Mining with a net outflow of 459 million yuan [2] Group 2 - The top net outflow stocks in the lead concept included Zijin Mining, Xingye Silver Tin, and Baiyin Nonferrous, with net outflows of 459 million yuan, 455 million yuan, and 169 million yuan respectively [2][3] - Conversely, the stocks with the highest net inflows included Zhongjin Lingnan, Hengbang Shares, and Yuehongyuan A, with net inflows of 17.11 million yuan, 2.89 million yuan, and 1.67 million yuan respectively [2] - The trading volume for the lead concept stocks showed significant turnover, with Guocheng Mining experiencing a 10.01% decline and a turnover rate of 2.71% [3]

Group 1 - The metal lead concept increased by 3.56%, ranking fourth among concept sectors, with 32 stocks rising, including Dazhong Mining which hit the daily limit, and Huayu Mining, Guocheng Mining, and Huaxi Nonferrous rising by 8.09%, 7.67%, and 6.74% respectively [1] - The metal lead concept sector saw a net inflow of 1.775 billion yuan, with 24 stocks receiving net inflows, and 5 stocks exceeding 100 million yuan in net inflow, led by Zijin Mining with a net inflow of 878 million yuan [2] - The top net inflow ratios were recorded by Dazhong Mining, China Metallurgical Group, and Zijin Mining at 23.39%, 15.78%, and 13.58% respectively [3] Group 2 - The leading stocks in the metal lead concept included Zijin Mining, Shengtun Mining, and Dazhong Mining, with respective daily price changes of 3.75%, 6.35%, and 10.03% [3] - Stocks with significant declines included Beijiete and Wisdom Agriculture, which fell by 3.10% and 2.08% respectively [1][5] - The overall market performance showed a mixed trend with various sectors experiencing both gains and losses, highlighting the volatility in the current market environment [2][5]

Group 1 - The Fujian Free Trade Zone concept index rose by 2.65%, ranking fourth among concept sectors, with 96 stocks increasing in value [1][2] - Notable gainers included Luqiao Information, which hit a 30% limit up, and other stocks like Heli Tai, Fujian Cement, and Rishang Group also reached their daily limit [1] - The top gainers in the sector included Xiamen Xinda, Furi Electronics, and Tengjing Technology, with increases of 7.73%, 7.12%, and 6.85% respectively [1] Group 2 - The Fujian Free Trade Zone concept attracted a net inflow of 1.061 billion yuan from main funds, with 69 stocks receiving net inflows [2][3] - The leading stock in terms of net inflow was Aerospace Development, which saw a net inflow of 551 million yuan, followed by Heli Tai, Rongji Software, and Furi Electronics with net inflows of 409 million yuan, 284 million yuan, and 268 million yuan respectively [2] - The net inflow ratios for stocks like Pingtan Development, Rongji Software, and Aerospace Development were 82.30%, 39.66%, and 39.37% respectively [3] Group 3 - The top stocks in the Fujian Free Trade Zone concept based on daily performance included Aerospace Development with a 9.95% increase, Heli Tai with a 10.16% increase, and Rongji Software with a 10.03% increase [3] - Other notable performers included Furi Electronics and Rishang Group, which increased by 7.12% and 10.06% respectively [3] - Conversely, stocks like Xueda Education, Kehua Data, and Zijin Mining experienced declines of 5.45%, 5.22%, and 3.74% respectively [1][5]

Group 1 - The metal lead concept declined by 1.70%, ranking among the top declines in the concept sector, with companies like Yuguang Gold Lead, Shengda Resources, and Xiyu Co. experiencing significant drops [1][2] - Among the metal lead concept stocks, 28 experienced net outflows of main funds, with a total outflow of 2.038 billion yuan, led by Zijin Mining with a net outflow of 477 million yuan [2][3] - The top gainers in the metal lead concept included Beijiete, Wolong New Energy, and Jinhui Co., with increases of 7.71%, 4.25%, and 2.97% respectively [1][3] Group 2 - The leading concept sectors for today included Cross-Strait with a gain of 4.29%, while the metal lead sector was among the worst performers [2] - The main fund inflows were observed in stocks like Wolong New Energy, High Energy Environment, and Hebang Bio, with inflows of 54.7 million yuan, 43.9 million yuan, and 29.0 million yuan respectively [2][3] - The metal lead concept stocks with the highest turnover rates included Yuguang Gold Lead at 9.32% and Zijin Mining at 1.28% [3]

Group 1 - The metal lead concept declined by 1.77%, ranking among the top declines in the concept sector, with companies like Hunan Silver, Wolong New Energy, and Silver Industry showing significant drops [1][2] - Among the concept stocks, 6 stocks experienced price increases, with Weiling Co., Shengtun Mining, and Luoping Zinc Electric rising by 2.05%, 0.96%, and 0.78% respectively [1][2] - The metal lead concept saw a net outflow of 1.076 billion yuan from main funds today, with 29 stocks experiencing outflows, and 6 stocks seeing outflows exceeding 50 million yuan [2][3] Group 2 - The top net outflow stock was Zijin Mining, with a net outflow of 287 million yuan, followed by Hunan Silver, Huayu Mining, and Wolong New Energy with outflows of 100 million yuan, 80.57 million yuan, and 75.99 million yuan respectively [2][3] - The stocks with the highest net inflow included Weiling Co., Guocheng Mining, and Smart Agriculture, with net inflows of 13.82 million yuan, 9.19 million yuan, and 7.48 million yuan respectively [2][3] - The trading volume for Zijin Mining was 1.53%, while Hunan Silver had a turnover rate of 10.21% [3]