(责任编辑：宋政 HN002) 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 格隆汇10月10日｜A股主要指数持续走弱，创业板指跌幅扩大至超3%，上证指数跌0.45%，深证成指跌 1.6%。半导体、固态电池、算力硬件等热门赛道股调整，全市场超2300只个股下跌。 | 上证指数 | 3910.82 | -23.15 | -0.59% | | --- | --- | --- | --- | | 000001 | | | | | 创业板指 | 3177.84 | -83.98 | -2.57% | | 399006 | | | | | 深证成指 | 13515.65 | -209.91 | -1.53% | | 399001 | | | | | 科创50 | 1482.49 | -56.59 | -3.68% | | 000688 | | | | | 北证50 | 1517.56 | -8.25 | -0.5 ...

A股今天走得真是让人没想到： 其二，再看看沪深300ETF，直接从下跌1.13%拉升到了15点收盘时上涨0.06%，对于这个ETF的作用想必大家都再清楚不过了，也代表了某种意志，从这个 现象看，好像指数不拉升也说不过去啊。 应该说市场最终逆势拉红与以上两点是密不可分的，既有某种意志不允许市场重挫，也代表了当前最活跃资金的动向。 第一个，过去的三个交易日持续维护3800点整数关口，没想到今天盘中竟然破了，沪指最低到了3774点，估计这是出乎坚定多方意料之外的现象； 第二个，早盘直接高开的创业板指数竟然在下午的时候重挫了2%，因为按照目前创业板的强势，这么大的跌幅几乎是很难实现的事情，而今天盘中还是发 生了； 第三个，大家都觉得银行股转折向下了，没成想早上开盘工行直接出现快速拉升，乃至今天收盘时上涨了3%，还有建行昨天还大跌了3%，结果今天一根阳 线就吞吃了昨天的阴线，这点你能想到么？ 从以上三个没想到可以看出，当前市场的变化的确太大了，几乎不按照常理出牌，也说明了市场资金的分歧明显加大，可以说处在3800点之上的A股，已经 没有此前那么好做了，各位现在想想8月26日之前的那种单边上升多好做，但是从8月26日之后 ...

牛市来了还没上车？上天天基金APP搜索777注册即可领500元券包，优选基金10元起投！限 量发放！先到先得！ 今天的市场，盘中一度全线跳水，所幸尾盘拉升，跌幅收窄。创业板指数一度跌2%，尾盘翻 红！ 跟大家分析一下跳水的原因。 盘中跳水，尾盘拉升 航运板块全天强势，南京港、宁波海运涨停。 | 代码 | 名称 | | 涨幅% | 现价 | | --- | --- | --- | --- | --- | | 002040 | 南京港 | | 10.00 | 10.89 | | 600798 | 宁波海运 | R | 9.95 | 4.42 | | 601022 | 宁波远洋 | R | 7.72 | 11.16 | | 601008 | 连云港 | R | 5.23 | 6.04 | | 300350 | 天明( | | 5.08 | 7.24 | | 000520 | 凤凰航运 | | 3.75 | 4.70 | | 601018 | 宁波港 | R | 3.24 | 3.82 | | 300873 | 海晨股份 | R | 3.10 | 25.96 | | 600179 | 安通控股 | R | 3.02 ...

牛市来了还没上车？上天天基金APP搜索777注册即可领500元券包，优选基金10元起投！限 量发放！先到先得！ 具体到指数维度，证券公司指数昨日净流入居前，达51.34亿元 。 从 近 5日角度观测，近期资金流入证券公司指数超112亿元，流入港股通互联网指数超55亿 元。 | | | | 9月18日股票ETF市场净流入资金排行 | | | | | --- | --- | --- | --- | --- | --- | --- | | 序号 | 证券简称 | 资金流向 (亿元) | 上市基金规模 (亿元) | 份额变化 ((ZSK) | 9月18日 涨跌幅 (%) | 基金管理人 | | 1 | 证券ETF | 26.40 | 535.27 | 21.18 | -2.92 | 国泰基金 | | 2 | 券商ETF | 12.62 | 348.86 | 21.21 | -2.97 | 交宝基等 | | 3 | 中概互联网ETF | 11.21 | 426.14 | 6.54 | -2.15 | 易方达基金 | | 4 | 港股通互联网ETF | 10.32 | 932.64 | 9.77 | -2.35 | 富国 ...

【导读】昨日股票ETF市场净流入资金超100亿元，券商、中概互联板块等成为"吸金"主力 美联储降息背景下，昨日A股三大指数冲高回落，沪指、创业板指数跌幅均超1%。其中，黄金股集体走低，券商、金融科技股调整，半导体芯片股冲高 回落。 股市下跌背景下，资金再度借道股票ETF"越跌越买"，昨日超108亿元资金"进场扫货"，大举买入券商、中概互联、科创芯片等板块；大盘宽基ETF仍 是"失血"重灾区，上证50ETF、沪深300ETF、中证1000ETF等资金净流出居前。 昨日股票ETF资金净流入超100亿元 数据显示，截至9月18日，全市场1209只股票ETF（含跨境ETF）总规模达4.39万亿元。在昨日股市调整行情中，股票ETF市场总份额增加110.62亿份。按 照区间成交均价测算，昨日净流入资金为108.19亿元。 从大类型来看，昨日行业主题ETF与港股市场ETF净流入居前，分别达93.9亿元与53.13亿元。 市场下跌背景下，头部基金公司旗下ETF持续获得资金净流入。 易方达基金旗下ETF方面，昨日净流入29亿元。其中，中概互联网ETF净流入达11.21亿元，香港证券ETF净流入超8.3亿元。另外，机器人ETF易 ...

Core Viewpoint - The A-share market experienced a sudden decline, with significant drops in the non-ferrous metals sector, particularly in rare earth permanent magnets, despite positive market catalysts [1][3][5]. Group 1: Market Performance - On Tuesday morning, the A-share market saw a sharp drop, with the Shanghai Composite Index down 0.10%, the Shenzhen Component down 0.26%, and the ChiNext Index down 0.32% [1]. - The non-ferrous metals sector, particularly the rare earth permanent magnet index, saw a decline of over 3% during the session, with major stocks like China Rare Earth and Jinko Solar dropping more than 5% [3]. - High-position blue-chip stocks also faced profit-taking, with stocks like Ningde Times and Muyuan Foods experiencing declines of over 1% and 4%, respectively [3]. Group 2: Market Drivers - Despite favorable news such as easing US-China trade tensions and expectations of a US interest rate cut, the A-share market still faced downward pressure [5]. - Analysts suggest that the market adjustment is likely due to profit-taking in high-position stocks, as sectors like optical modules and solid-state batteries have seen significant gains recently [6][8]. Group 3: Future Outlook - The adjustment in the equity market may present opportunities, as the risk appetite in the bond market remains stable, and the narrative driving the recent stock market rise has not fundamentally changed [8]. - Analysts predict that the upcoming period may resemble the market conditions of 2016-2017, driven by fundamental improvements in prices, profits, and inventory levels [8]. - Economic data for August indicates a mixed picture, with industrial production growth at 5.2% and service sector growth at 5.6%, suggesting GDP growth remains around 5% [9].

Core Viewpoint - The A-share market experienced significant fluctuations at high levels, with a notable adjustment in the computing power sector impacting the index, leading to a general decline in industry indices, except for the banking index which rose [1] Group 1: Market Performance - On September 4, the strong-performing computing power sector's adjustment caused the index to retreat, while on September 5, the A-share market rebounded, with the Shanghai Composite Index returning to 3,800 points [1] - Historical analysis by Huaxi Securities indicates that in past A-share rallies exceeding 30%, a pullback of 6% to 10% typically occurs [1] Group 2: Investor Behavior - Since early April, the A-share market has been on an upward trend for five consecutive months, leading to profit-taking demands from some investors [1] - The accelerated market rally since August has intensified capital concentration, resulting in increased volatility due to the crowded nature of large-cap growth stocks [1] Group 3: Market Outlook - Huaxi Securities suggests that the recent short-term adjustment in the A-share market is a phase of emotional fluctuation and concentrated trading, which serves as a risk release process, ultimately benefiting the stability and longevity of the market trend [1]

Group 1 - A-share market experienced wide fluctuations at high levels, with a notable adjustment in the computing power sector leading to a general decline in industry indices, except for the banking index which rose [1] - Historical analysis indicates that A-share markets often see a 6% to 10% pullback after rallies exceeding 30%, suggesting that the recent adjustments are part of a normal risk release process [1] - The recent market pulse adjustment is significant for future trends, as it helps to digest existing issues such as reduced market value and increased trading congestion in technology growth sectors [1][2] Group 2 - Institutions agree that the driving forces behind the current market rally remain unchanged, with no signs of overheating in market sentiment as the margin financing scale is at historical averages [2] - The overall valuation levels in the market are low, with many blue-chip stocks priced at lower levels, indicating potential for upward movement [2] - The market is entering a consolidation phase, with recommendations to focus on relatively "lagging" sectors such as cyclical, consumer, and dividend stocks, while maintaining a long-term focus on technology growth sectors [2] Group 3 - Short-term market style is expected to shift from technology growth stocks to cyclical sectors, with increased interest in low-priced related stocks as high-priced sectors adjust [2][3] - Specific cyclical sectors identified with potential for upward movement include renewable energy, chemicals, non-ferrous metals, and building materials [3]

Market Overview - The report indicates that the recent market adjustment is a result of multiple factors, including technical correction needs after significant price increases, profit-taking by investors from high-valuation sectors, and the challenge of sustaining high trading volumes without continued capital inflow [1][4][11] - The short-term market may continue to experience high-level fluctuations, and investors are advised to wait for stabilization signals [1][11] - Despite the short-term adjustments, the underlying support from policy, liquidity, and economic fundamentals remains strong [2][11] Policy and Economic Fundamentals - The policy environment is expected to remain favorable, with the Ministry of Commerce planning to introduce measures to expand service consumption in September [2][11] - The liquidity environment is maintained at a loose level, supporting market activities [2][11] - Economic fundamentals are showing signs of recovery, with the manufacturing PMI for August reported at 49.4%, indicating a month-on-month improvement and a faster pace of business activity expansion [2][11] Sector Performance - Consumer stocks, including retail and food and beverage sectors, showed resilience and strength during the market downturn, driven by new consumption voucher initiatives in various cities [7][11] - The securities sector has been highlighted as a potential area for investment, with expectations of performance improvement due to favorable policies and market reforms [8][11] - The photovoltaic equipment sector is also noted for its active performance, supported by ongoing global demand for renewable energy solutions [9][11] Investment Strategy - Investors are advised to adopt a defensive approach or take a break from active trading during this adjustment period [1][12] - For those looking to buy on dips, it is recommended to wait until the market shows signs of stabilization and to focus on low-valuation sectors with strong earnings support [12][11] - Attention should be directed towards blue-chip stocks that have undergone sufficient adjustments and possess stable fundamentals, as they may attract renewed investor interest [12][11]

Market Overview - The recent market adjustment is viewed as a minor correction rather than the end of a bull market, with a significant drop in technology stocks over three trading days, falling by 20% [3] - The Shanghai Composite Index is expected to experience a rebound, with a potential target of 4000 points, as the recent decline is seen as a necessary cooling period for the market [5][7] Sector Analysis - Financial sectors such as banks, securities, and insurance are anticipated to see a rebound, contributing to the overall market recovery [5] - The technology sector is expected to continue its volatility, with potential for further selling pressure before stabilizing [3][5] Investment Strategy - Investors are advised to remain cautious and not to become overly excited during market rallies, as this could lead to significant losses [3][7] - The current strategy involves selectively buying on dips while maintaining a defensive posture, with a focus on protecting previous profits [5][6]