截至上午收盘，场内跟踪中证A500指数的ETF小幅下跌。其中，有12只中证A500相关ETF成交额超1亿元，3只超31亿元。A500ETF华泰柏瑞、A500ETF基 金、A500ETF易方达早盘成交额分别为35.89亿元、34.06亿元、31.61亿元。 | 有券商表示，短期内，由于A股自身运行逻辑未发生根本改变，海外市场对大盘影响相对有限，叠加上证指数在4000点附近震荡消化多时，指数层面下探空 | | --- | | 间也相对有限，市场连续调整到位后可适当逢低布局。 | 每日经济新闻 市场早间冲高回落，深成指、沪指先后翻绿，中证A500指数下跌0.01%。 盘面上，军工板块表现活跃，银行板块走强，化工板块盘中拉升。下跌方面，影视、传媒板块走弱。 | 代码 | 名称 | 现价 | 涨跌幅 | IOPV 溢折率 筷号率 成交金额 | | | --- | --- | --- | --- | --- | --- | | 563360 | A500ETF华泰柏瑞 | 1.225 | -0.24% | 1.2261 -0.09% 13.89% | 35.89 Z | | 512050 | A500ETF基金 | 1. ...

今天A股市场整体震荡偏弱，三大指数涨跌互现，呈现典型的结构性分化格局。截至午间收盘，上证指 数微跌0.04%，报3938.29点，连续两日收于4000点下方；深证成指下跌0.32%，创业板指逆势微涨 0.12%；科创50跌幅居前，收跌1.09%。两市成交额达1.44万亿元，量能维持在高位，但北向资金日内净 流出，市场情绪略显谨慎。 从板块表现来看，市场主线集中在"资源护城河"与"防御属性"上。石油石化板块以1.22%的涨幅领跑， 煤炭、银行、非银金融等低估值板块也稳中有升，分别上涨0.16%、0.82%和0.32%。这些板块的走强， 背后逻辑是宏观经济预期企稳、油价高位震荡以及长期资金对高股息资产的配置需求。 资金正从高估 值赛道如医药生物、计算机、传媒、房地产等撤出，转向更具确定性的周期与金融板块，市场风格切换 正在悄然发生。 值得深入探讨的是领涨板块的驱动逻辑。 市场每日的波动，如同海面的浪花，时而汹涌，时而平静。作为投资者，我们更需要关注的是海面之 下，那些真正优质企业在长期经营中构建的、持续增长的"价值洋流"。以合理的价格买入优秀的公司， 并长期持有，远比试图预测每一次短期波动更为重要。 请记住，市场 ...

Market Overview - The three major indices experienced low-volume fluctuations, with the Shanghai Composite Index down 0.04%, Shenzhen Component Index down 0.32%, and ChiNext Index up 0.12% at midday [1] - Over 4500 stocks in the market were in the red, indicating a broad market decline [1] Sector Performance - **Banking and Insurance**: These stocks rallied to support the market, with China Bank rising nearly 3% to reach a historical high [1] - **Lithium Resources**: The sector saw renewed strength, with Jin Yuan Co. hitting the daily limit up [1][2] - **Chemicals**: The chemical sector also rose, with companies like Yaxing Chemical hitting the daily limit up [1] - **Military Industry**: Stocks in this sector were active, particularly in shipbuilding, with Yaxing Anchor Chain hitting the daily limit up [1][3] - **Technology**: The semiconductor and photolithography sectors experienced a pullback after an initial rise, with Saiwei Electronics rising nearly 10% [1] - **High Dividend Sectors**: Sectors such as combustible ice, oil services, and special valuation stocks saw gains, while gold and non-ferrous metals rebounded [1] Declining Sectors - **High-Valuation Stocks**: Continued divergence in high-valued stocks, with companies like Sanmu Group and Victory Shares hitting the daily limit down [1] - **Hainan and Duty-Free Stores**: These sectors experienced a comprehensive pullback, with Hainan Haiyao hitting the daily limit down [1] - **AI Applications**: Concepts related to AI marketing and film media saw collective declines [1] - **Computing Power Leasing**: This sector faced downward fluctuations, with Tianyi Ma dropping nearly 9% [1] - **Pharmaceuticals, Airport Shipping, and Automotive Supply Chains**: These sectors showed weak performance [1] Institutional Insights - **Xinda Securities**: The firm suggests that market style switching may become stronger, with a focus on low-valuation value sectors. Non-bank financials are showing increasing elasticity, and there is potential for cyclical stocks to perform well in the next six months [1][4] - **Zhongtai Securities**: The firm anticipates a market phase characterized by liquidity-driven movements and structural opportunities, with cyclical sectors expected to maintain strength [5][6] - **Guangda Securities**: The firm notes that the market is in a policy vacuum, with ongoing rotation of hot sectors likely to continue [7]

Core Viewpoint - The article provides an overview of the A-share market performance, highlighting the fluctuations in major indices and sector performances, with a focus on the banking sector and specific stocks that have shown significant movements [3][5][9]. Market Performance - As of midday, the Shanghai Composite Index decreased by 0.04%, the Shenzhen Component Index fell by 0.32%, while the ChiNext Index rose by 0.12% [3]. - The total trading volume in the Shanghai and Shenzhen markets reached 1.11 trillion yuan, a decrease of 176.7 billion yuan compared to the previous trading day, with over 4,500 stocks declining [4]. Sector Highlights - The top-performing sectors included the shipbuilding sector, lithium extraction from salt lakes, precious metals, beauty care, and oil and gas [3]. - The banking sector showed strength, with China Bank's stock price reaching a new high, increasing by over 2% [5][6]. Notable Stocks - China Bank's stock rose by 2.60% to 5.93 yuan, while other banks like Everbright Bank and Traffic Bank also saw gains of 1.98% and 1.75%, respectively [6]. - Several high-position stocks continued to decline, with some experiencing limit-down situations [6]. Additional Market Indicators - The shipping index for European routes dropped over 2%, currently at 1649 points [5]. - Lithium carbonate futures saw an increase of over 4% during the day [7]. International Market Context - The Hong Kong market opened with the Hang Seng Index up by 0.09%, and notable gains were seen in companies like Baidu and XPeng Motors [10]. Economic Indicators - The People's Bank of China conducted a 31.05 billion yuan reverse repurchase operation with a rate of 1.40%, while the previous day's reverse repos amounted to 19.55 billion yuan [11]. - The central parity rate of the RMB against the USD was reported at 7.0872, depreciating by 16 basis points from the previous day [12].

Core Viewpoint - The 2025 Zero Carbon Industry Ecological Conference was held in Kunming, focusing on the development paths for zero-carbon industries and the role of financial institutions in supporting this transition [1][2] Group 1: Conference Highlights - The conference gathered participants from government, industry, academia, and research sectors to discuss zero-carbon industry development [1] - A representative from Industrial Bank's Kunming branch shared insights on the bank's innovative solutions for zero-carbon parks, emphasizing a comprehensive service system that includes both financial and non-financial products [1] Group 2: Financial Products and Services - Industrial Bank's Kunming branch has introduced various innovative loan products, including the first "zero-carbon park linked loan" and "biodiversity protection sustainable and green energy generation linked loan" in Yunnan province [2] - The bank has also launched "ESG-linked loans" and "carbon reduction + CCER development + green certificate linked loans," demonstrating its commitment to green finance [2] - The bank has published an "Environmental Information Disclosure Report" for three consecutive years, showcasing its dedication to green finance principles [2] Group 3: Future Plans - Moving forward, Industrial Bank's Kunming branch aims to deepen its engagement in the green finance sector by offering more innovative products and comprehensive services, collaborating with government, enterprises, and society to contribute to Yunnan's zero-carbon development [2]

板块方面， 军工、保险、银行等板块涨幅居前， 海南、燃气、影视院线等板块跌幅居前。截至收盘，沪指跌0.04%，深成指跌0.32%，创 业板指涨0.12%。 下载财联社APP获取更多资讯 今日早盘，A股冲高回落，深成指、沪指先后翻绿，创业板指一度涨超1%。但黄白线分化明显，中小盘股普跌，微盘股指数跌超2%。沪深两市半日 成交额1.11万亿，较上个交易日缩量1767亿。盘面上热点较为杂乱，全市场超4500只个股下跌。 从板块来看， 军工板块表现活跃， 亚星锚链、亚光科技双双涨停。银行板块走强，中国银行涨近3%创历史新高。化工板块盘中拉升，恒 光股份、蓝丰生化等涨停。下跌方面， 高位股再度分歧， 三木集团、胜利股份、海南海药跌停。煤炭板块走弱，大有能源触及跌停。 准确 快速 权威 专业 7x24h电报 头条新闻 VIP资讯 实时盯盘 ...

A股市场板块涨跌幅排行 | 序号 | 板块 | 涨跌幅(%)▼ | | 总成交量 (万手) = 总成交额 (亿元) ▼ | 净流入 (亿元) ▼ | 上涨家数 | 下跌家数 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 保险 | 2.41 | 167.79 | 57.98 | 9.88 | ഹ | 0 | | 2 | 能源等屋 | 1.32 | 604.75 | 288.64 | 17.94 | 6 | 7 | | 3 | 盖我国 | 1.10 | 190.30 | 33.92 | 3.23 | 11 | 0 | | র্ব | 车工装备 | 1.08 | 1258.80 | 273.06 | 22.57 | 48 | 30 | | 5 | 美容护理 | 0.57 | 285.93 | 48.78 | 3.72 | 19 | 12 | | 6 | 银行 | 0.54 | 2375.96 | 166.35 | 43.43 | 30 | බ | | 7 | 油气开采及服 湯 | 0.46 | 753.32 | 48.18 | 4.99 | 14 ...

智通财经APP获悉，招商证券发布研报称，2025年三季度保险公司资金运用规模突破37万亿，债券占比 首现回落，银行存款和非标进一步被减配；监管加速推进保险长期资金入市，股票占比突破两位数再创 新高，Q3重点加仓银行、减仓交运板块。 固收投资方面 债券占比首次下降，银行存款和非标进一步被减配。从三季度末人身险和财产险公司(行业资金占比达 96.4%)的配置情况来看，(1)债券余额为18.18万亿，前三季度净增加2.25万亿，其中Q3单季净增加3104 亿，占比小幅回落至50.3%，这也是自2022年以来保险行业债券投资占比首次出现下滑，预计部分原因 在于Q3利率上行导致债券账面价值减少以及保险公司优化资产负债管理水平。(2)银行存款余额为2.86 万亿，前三季度净减少475亿，其中Q3单季净减少1588亿，占比进一步降至7.9%；其他投资(以非标类 为主)余额为6.64万亿，前三季度净减少1279亿，其中Q3单季净增加592亿，占比持续下降至18.4%。近 年来保险行业的银行存款和非标投资占比续创新低，预计主要是资产收益下滑以及新会计准则实施后的 资负匹配要求导致。 权益投资方面 截至三季度末人身险和财产险公司 ...

A股三大指数早盘震荡，截至午间收盘，沪指跌0.04%报3938.29点，深成指跌0.32%，创业板指涨 0.12%，北证50指数跌1.52%。沪深京三市半日成交额11157亿元，较上日缩量1804亿元，全市场超4500 只个股下跌。盘面上，保险、银行、军工装备、锂矿板块走强，海南自贸区、影视院线、燃气板块跌幅 居前。 ...

三大指数涨跌不一，截至午盘，沪指跌0.04%，深成指跌0.32%，创业板指涨0.12%，北证50指数跌 1.52%，沪深京三市半日成交额11157亿元，较上日缩量1804亿元。全市场超4500只个股下跌。板块题 材上，军工装备、保险、锂板块走高，海南、燃气板块调整。盘面上，军工装备板块走强，亚星锚链涨 停封板，江龙船艇涨超10%。保险板块全线走高，中国人保涨近4%，中国太保涨近3%。锂板块冲高震 荡，融捷股份、永杉锂业触及涨停。海南板块全线调整，海南海药、海马汽车触及跌停。燃气板块弱 势，胜利股份触及跌停，长春燃气跌超7%。 ...