4月29日，A股早盘弱势震荡，截至9:40，沪指跌0.12%，深证成指跌0.26%，创业板指跌0.22%。 盘面上，钢铁板块继续强势，柳钢股份、广东明珠等涨停；算力产业链延续活跃，鸿博股份走出3连 板；CPO概念股反弹，博创科技20%涨停。下跌方面，电力股回调，旅游、白酒、半导体军工等板块涨 幅居前。 展望后市，东方证券表示，节后市场风格或转向成长，把握政策催化与一季度业绩确定性板块。 热门板块 钢铁板块继续强势，柳钢股份、广东明珠涨停，友发集团、八一钢铁、安阳钢铁跟涨。 点评：中信证券研报称，预计2025年是中国钢铁行业的拐点年份。2025年Q1有望成为钢铁行业长期业 绩拐点。当前在估值底部和产业即将持续利润再分配的阶段是钢铁行业的黄金配置时期。 机构观点 1、长城证券：后市依然建议关注红利板块，重视经济周期下大类资产价格规律 长城证券表示，4月重要会议的表述相对符合市场预期，仍是强调底线思维，但是"底线"中带有"增 量"的色彩，对于科技和消费的方面有较为重点的着墨。从资产配置的角度来说，依然建议关注红利板 块，重视经济周期下大类资产的价格规律，而科技板块中的半导体设备、AI芯片、光通信与服务器 等"硬科技 ...

4月29日周二，A股集体走低，三大指数小幅下跌，微盘股指数逆势走强，板块方面，算力概念延续反 弹。港股恒指、恒科指双双高开，早盘震荡上涨，恒科指涨幅逼近1%，汽车股多数上涨。国债期货全 线走高。商品期货开盘涨跌不一，集运指数（欧线）跌超6%。核心市场走势： A股：截止发稿，沪指跌0.16%，深成指跌0.35%，创业板指跌0.35%。万得微盘股指数涨 1.19%。 | 代码 | 名称 | 两日图 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 000001 | 上证指数 | | 3283.12 | -5.30 | -0.16% | | 399001 | 深证成指 | | 9820.53 | -34.66 | -0.35% | | 399006 | 创业板指 | | 1927.63 | -6.83 | -0.35% | | 000300 | 沪深300 | | 3772.64 | -8.98 | -0.24% | | 000016 | FJESO | | 2648.17 | -3.06 | -0.12% | | 000680 | 科创综指 | | ...

尽管人形机器人、大消费等主题可能在短期内难以改变这一趋势，但其背后的主要逻辑有三点： 各位投资者朋友，请注意以下信息： 今年的投资热点已经清晰显现——算力将成为下半年最为突出的主导趋势！ 据机构预测，未来五年，我国算力服务中心市场预计将以18.9%的复合年增长率持续增长，预计到2027年， 市场规模将达到3075亿元人民币。 3. 中央汇金巨额资金入场，三大行业巨头蓄势待涨 作为依托于央行和财政部的顶尖国家队，中央汇金每次介入市场总能引发重大行情。2015年，它果断介入 泸州老窖，股价随即飙升10倍；2017年，它精准介入长春高新，股价从百元水平攀升至最高680元；今年深 圳华强更是连续16个涨停板！ 1. 政策大力支持，推动国产算力的迅速发展 我国高度重视人工智能在推动现代化产业体系中的关键作用，并从国家层面发布了多项政策，以支持算力 基础设施的建设。 2. 在市场和需求的共同推动下，算力市场正迎来前所未有的扩张 在政策和需求的共同推动下，预计到2025年，算力行业将迎来黄金发展期。 以下三家行业龙头值得特别关注： 第一家企业，中兴通讯： 在通信领域深耕细作，积极推动全国一体化算力网络国家枢纽节点的建设，中 ...

行业板块 和题材表现上， 银行股新高，电力冲高回落，消费、地产 等权重板块 领跌 拖累指 数表现，其中 银行股强势 ， 工商银行、建设银行、江苏银行、成都 银行 等创历史新高，显 示资金避险情绪升温，高股息策略受青睐。电力板块 则 冲高回落 ， 华银电力（ 3连板）、 华电辽能（2连板）涨停，但西昌电力炸板回落， 说明电力板块开始分化， 板块持续性存疑。 二、 4 月末业绩线过渡，预计 5 月科技成长为主回归 一、 行情复盘：指数缩量调整，银行股逆势新高，题材轮动乏力 今天 大盘缩 量震荡，三大指数全天弱势震荡，沪指跌 0.2% ， 深成指跌 0.62%，创业板指 跌0.65%，市场成交额1.06万亿（较前一日缩量572亿），显示 节前整体 资金观望情绪浓 厚。 同时由于财报季尾声，更多个股暴雷甚至 ST出现，近4000家 个股 下 跌，近百股跌超 9%， 同时涨停和跌停都达到 40家， 市场亏钱效应明显，短线情绪低迷。 会议刺激政策没超预期， 消费、地产 板块 重挫 ， 食品饮料、零售（有友食品、贝因美、国 光连锁跌停） 等 全线调整 （除了少部分业绩优秀的个股，比如珀莱雅 2连板） ；房地产受 政策预期降 ...

关注算力产业的投资人皓天表示，润泽科技净利润低于预期的部分原因是受传统IDC业务改造影响， 影响 业绩金额约3亿元。 " 行业拨乱反正阶段，算力摸底是润泽科技股价下跌的原因之一。 " 作者丨刘伊伦 编辑丨包永刚 4月23日晚，润泽科技（ 300442.SZ ）发布2024年年报，报告发布后，市场反应强烈。次日开盘，润泽 科技股价下跌14.16%，盘中一度跌近17%。当日，算力板块整体也表现不佳。 截至2025年4月25日收盘，润泽科技的市值为788.44亿元，与此前逼近1300亿元的历史高点相比， 市值 近乎腰斩。 报告期内，润泽科技实现营业收入43.65 亿元，同比仅增长0.32%；归属于上市公司股东的净利润为 17.90亿元，同比增长1.62%。此前，国盛证券、兴业证券等发布的研报对其2024年归母净利润预测均超 21亿元，实际17.90亿元的净利润远低于预期，致使投资者信心受挫引发股价下跌。 然而，也有业内人士称，能耗指标以及政府关系才是数据中心运营商面对大厂的核心筹码。产业投资人俊 杰称， 润泽科技能搞定能耗指标以及政府关系才是关键 ，并且头部的数据中心都有英伟达供应商的关 系，能拿到高端N卡供应。 ...

Market Overview - A-shares experienced narrow fluctuations with the Shanghai Composite Index closing down 0.2% at 3288.41 points, Shenzhen Component Index down 0.62% at 9855.2 points, and ChiNext Index down 0.65% at 1934.46 points, with total trading volume in Shanghai, Shenzhen, and Beijing reaching 107.69 billion yuan, a decrease of approximately 60 billion yuan from the previous day [1] - The real estate sector saw significant declines, with companies like TeFa Service dropping over 10% and several others hitting the daily limit down [1] - The banking sector showed resilience, with major banks like China Construction Bank and Industrial and Commercial Bank of China reaching new highs [1] Banking Sector Performance - The banking sector strengthened, with Chongqing Bank rising nearly 5% and several others, including Qingdao Bank and China Everbright Bank, increasing over 2% [2] - Analysts from CITIC Securities predict that the decline in bank interest margins will be less than initially expected due to stable benchmark interest rates in 2025, suggesting a relatively robust fundamental outlook for the banking sector [3] Power Computing Concept - The power computing sector saw strong performance, with companies like Xinjin Power and Tianyu Data Technology hitting the daily limit up, and ShengTian Network rising over 9% [4] - National data indicates that the total computing power scale of the "East Data West Calculation" project reached 215.5 billion floating-point operations per second, with intelligent computing power accounting for 80.8% of the total [6] Pop Mart's Market Performance - Pop Mart's stock surged by 12%, reaching a new historical high of 193 Hong Kong dollars per share, representing a nearly 19-fold increase from its low in October 2022, with a market capitalization of 259.2 billion Hong Kong dollars [7] - The recent launch of new products, particularly the LABUBU 3.0 series, has driven significant consumer interest, leading to the app's debut at the top of the US App Store shopping chart [9][10] - Analysts from Guohai Securities have raised profit forecasts for Pop Mart, citing its leadership in the trendy toy culture and its effective IP monetization strategy [10]

Market Overview - The market experienced fluctuations with all three major indices slightly declining. The trading volume reached 1.08 trillion yuan, with over 4,100 stocks in the Shanghai and Shenzhen markets showing losses [1] Power Sector Reform - The power sector continued to rise, with stocks like Huayin Electric and China Electric Power achieving multiple trading limits. The National Grid's focus on high-quality development and accelerated grid construction was highlighted, aiming to support economic growth [4][6] - The Ministry of Transport and other departments released guidelines to promote the integration of transportation and energy, encouraging new models and industries, including virtual power plants [4] - Analysts emphasize the importance of power sector investments, especially with the upcoming peak summer demand and a decrease in coal prices to around 665 yuan per ton, which is expected to improve profitability for thermal power [6] Computing Power and AI - Stocks related to computing power and AI, such as Hongbo Co. and Hengrun Co., saw significant activity, with multiple stocks hitting trading limits. The Central Committee emphasized the strategic importance of AI in driving technological and industrial transformation [7][10] - The rapid development of AI technologies is expected to enhance government services and efficiency, with AI applications being deployed across various sectors [9][10] VR & AR Sector - The VR and AR sector showed notable activity, with companies like Hongjing Optoelectronics and Yingtong Communications experiencing trading limits. The launch of the Insta360 X5 camera in the U.S. has generated significant consumer interest [11][12] - The global market share of Insta360 in panoramic cameras is projected to reach 81.7% by 2024, indicating strong demand for innovative products in this space [12] Historical Highs - Several companies, particularly in the banking sector, reached historical highs, including China Construction Bank and Industrial and Commercial Bank of China, reflecting strong market performance [16]

Market Overview - A-shares experienced a volatile decline on April 28, with the Shanghai Composite Index falling by 0.2%, the Shenzhen Component Index down by 0.62%, and the ChiNext Index decreasing by 0.65% [3][4] - A total of 1,216 stocks rose, 48 stocks hit the daily limit up, while 4,110 stocks declined [4][5] - The total trading volume reached approximately 10,767.82 billion, with a trading volume of about 97,684.47 million [5] Sector Performance Power Sector - The power sector continued its strong performance, with stocks like Huadian Energy, Huadian Liaoning, and Three Gorges Water Conservancy hitting the daily limit up [6] - The State Council approved the construction of 10 nuclear power units, indicating a peak period for nuclear power construction in China, with 31 units already licensed and 13 units awaiting approval [6] Banking Sector - The banking sector showed resilience, with major banks such as China Construction Bank and Industrial and Commercial Bank of China reaching historical highs [8] Computing Power Sector - Computing power concept stocks saw a surge, with companies like Hengrun Co. and Dawi Technology hitting the daily limit up [10] Consumer Sector - The consumer sector faced a downturn, with food and retail stocks experiencing widespread adjustments, including companies like Youyou Food and Beibei Mei, which hit the daily limit down [12][14] - In the first quarter, Shanghai's total retail sales of consumer goods amounted to 4,057.45 billion, a year-on-year decrease of 1.1% [12] Notable Stock Movements - "Climax Needle" concept stocks plummeted, with Bawei Co. dropping over 13% and Demai Chemical down more than 5% [14] - The decline in "Climax Needle" stocks is attributed to concerns over the lack of scientific backing for the product, which claims to enhance female sexual function [14]

暗盘资金一眼洞悉庄家意图>> 算力板块盘初活跃，鸿博股份（002229）2连板，大位科技（600589）涨超6%，科华数据（002335）、 宏景科技（301396）、首都在线（300846）跟涨。 ...

以下文章来源于源深路炒家 ，作者源深路炒家 源深路炒家 . 科技、价值、全球金融视野，尽可能提供独家、深度、领先、优质的信息。 作者 | 源深路炒家 来源 | 源深路炒家 导语 ：所谓的"信息平权先锋"，在产业链中形成闭环配合，利用媒介载体，系统性操控叙事，精确收割。 近几个月，铜缆、国产算力一体机、柴油发电等概念股轮番被热炒，市场像被装了高功率电机，热得发烫，散户在高位疯狂加仓，仿佛谁不押注就 是错过下一轮"科技跃迁"。英伟达的"卡脖子"成了万金油，连Excel里的计算器键都快被按出火星子。 但热度褪去，一季报一出，现实却是一地鸡毛，业绩低于预期、股价跳水、怨声载道。是谁在高位推动这些叙事？谁在背后把控节奏？这场资本戏 码背后，其实隐藏着一条日渐成型的信息垄断产业链。 掌控叙事的不是市场，是"信息平权"的伪装者 表面看，这是信息平权时代：雪球、公众号、知识星球、社群遍地开花，普通人看似拥有了获取投资信息的"话语权"。 但实际上，是大V们组成的"坐庄产业链"在编故事、定节奏、带方向。他们利用庞大的社群影响力和平台资源，将"研究报告"包装成"投资洞察"，引 导情绪，制造热点，提前埋伏，然后趁热出货。 信息平权的 ...