风险提示：本文所提到的观点仅代表个人的意见，所涉及标的不作推荐，据此买卖，风险自负。 2.1 什么是红利低波100指数 ？ 红利低波100指数 （ 代码 ： 930955 ） 是中证红利低波动100指数的简称 ， 由中证指数有限公司于 2017年5月26日发布 ， 是一只以 " 高股息和低波动 " 为核心逻辑的指数 。 作者： 王博雅投资 来源：雪球 1 引言 红利低波100指数是仅有的2个五星级红利指数之一 。 它可以看做中证红利的升级版 ， 在保持优秀分散性 的情况下实现了更高的收益和更低的波动 ， 因此在市场上备受关注 。 图1 沪深300 、 中证红利与红利低波指数全收益对比 在之前 ， 我已经对追踪中证红利的基金进行了分析。 今天我将对红利低波100指数进行简介 ， 然后从 费用 、 规模 、 流动性 、 收益与分红频率 等几个关键角 度 ， 对红利低波100ETF进行横评 ， 看看谁最好 ！ 2 红利低波100指数简介 红利低波100指数构成逻辑如下 ： 1 中证全指中过去一年日均成交金额前 80%的公司 。 这是为了避免流动性过差 。 2 过去三年连续现金分红 。 这是为了确保公司具有良好的分红 ...

Market Overview - The Shanghai Composite Index fell by 0.30% on May 9, with seven industries experiencing gains, led by the beauty and personal care sector, which rose by 1.41% [1] - The electronic and computer sectors faced the largest declines, with drops of 2.07% and 1.96% respectively [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 47.4 billion yuan, with only four industries seeing net inflows [1] - The textile and apparel industry had the highest net inflow, amounting to 226 million yuan, while the coal industry saw a modest increase of 0.10% with a net inflow of 18.6 million yuan [1] Beauty and Personal Care Sector - The beauty and personal care industry saw a rise of 1.41%, despite a net outflow of 32.3 million yuan in main capital [2] - Out of 31 stocks in this sector, 18 experienced gains, including one stock that hit the daily limit [2] - The top three stocks with net inflows were Beitaini (35.1 million yuan), Proya (23.1 million yuan), and Shuiyang (13.7 million yuan) [2][3] Notable Stocks in Beauty and Personal Care - Qingdao Kingking had the largest net outflow at 40.9 million yuan, followed by Runben (8.7 million yuan) and Kesi (8.4 million yuan) [2] - Other notable stocks with significant net outflows included Marubi (8.0 million yuan) and Aimeike (7.5 million yuan) [2] - The stock performance varied, with some stocks like Beitaini and Shuiyang showing strong gains, while others faced significant outflows [2][3]

证券时报·数据宝统计，今日有4个行业主力资金净流入，27个行业主力资金净流出。资金净流入金额最 大的行业为纺织服饰，涨跌幅0.72%，整体换手率3.12%，成交量较前一个交易日变动8.01%，主力资金 净流量2.26亿元；今日资金净流出最大的行业为电子，涨跌幅-2.07%，整体换手率1.98%，成交量较前 一个交易日变动-12.85%，主力资金净流量-91.64亿元。（数据宝） | 医药生 | 43.91 | -9.02 | 1.62 | -0.24 | -9.65 | | --- | --- | --- | --- | --- | --- | | 物 | | | | | | | 汽车 | 56.05 | -6.34 | 2.60 | -0.97 | -16.43 | | 非银金 | 29.57 | -15.81 | 0.72 | -0.94 | -19.26 | | 融 | | | | | | | 传媒 | 32.07 | -19.19 | 2.21 | -1.82 | -20.84 | | 商贸零 | 36.93 | 7.23 | 3.07 | -1.63 | -22.35 | | 售 | | | | | ...

纺织服饰行业资金流出榜 沪指5月9日下跌0.30%，申万所属行业中，今日上涨的有7个，涨幅居前的行业为美容护理、银行，涨 幅分别为1.41%、1.36%。纺织服饰行业位居今日涨幅榜第三。跌幅居前的行业为电子、计算机，跌幅 分别为2.07%、1.96%。 资金面上看，两市主力资金全天净流出474.00亿元，今日有4个行业主力资金净流入，纺织服饰行业主 力资金净流入规模居首，该行业今日上涨0.72%，全天净流入资金2.26亿元，其次是煤炭行业，日涨幅 为0.10%，净流入资金为1.86亿元。 主力资金净流出的行业有27个，电子行业主力资金净流出规模居首，全天净流出资金91.64亿元，其次 是计算机行业，净流出资金为64.86亿元，净流出资金较多的还有机械设备、国防军工、电力设备等行 业。 纺织服饰行业今日上涨0.72%，全天主力资金净流入2.26亿元，该行业所属的个股共104只，今日上涨的 有68只，涨停的有10只；下跌的有33只。以资金流向数据进行统计，该行业资金净流入的个股有53只， 其中，净流入资金超5000万元的有5只，净流入资金居首的是万事利，今日净流入资金1.13亿元，紧随 其后的是华茂股份、飞亚达， ...

Market Overview - The Shanghai Composite Index closed at 3342.00 points, down 0.30% [1] - The Shenzhen Component Index closed at 10126.83 points, down 0.69% [1] - The ChiNext Index fell by 0.87%, and the STAR Market 50 Index decreased by 1.96% [1] Stock Performance - Among the tradable A-shares, 1213 stocks rose, accounting for 22.51%, while 4063 stocks fell [1] - There were 60 stocks that hit the daily limit up, and 10 stocks that hit the limit down [1] - The leading sectors for limit-up stocks included textiles and apparel, defense and military, and machinery, with 10, 6, and 6 stocks respectively [1] Notable Stocks - ST Zhangjiajie and *ST Biology were among the 27 limit-up stocks classified as ST stocks [1] - *ST Yushun achieved 11 consecutive limit-up days, the highest among all stocks [1] - Huaihe Energy had the highest closing limit-up order volume at 25.72 million shares, followed by Wanxiang Qianchao and Chengfei Integration with 24.42 million and 22.19 million shares respectively [1] Limit-Up Stock Details - Notable limit-up stocks include: - Chengfei Integration (Code: 002190) with a closing price of 22.28 yuan and a limit-up order volume of 2,218.74 thousand shares [1] - Wanxiang Qianchao (Code: 000559) with a closing price of 8.44 yuan and a limit-up order volume of 2,441.73 thousand shares [1] - Wuhan Fangu (Code: 002194) with a closing price of 14.47 yuan and a limit-up order volume of 1,231.27 thousand shares [1] Sector Analysis - The textile and apparel sector had multiple stocks hitting the limit-up, indicating strong investor interest [1] - The defense and military sector also showed significant activity with stocks like Tianjian Technology (Code: 002977) closing at 40.25 yuan [1] - The machinery sector had several stocks with notable limit-up performances, reflecting potential growth opportunities [1]

北交所日报 北交所日报(2025.05.09) 2025 年 05 月 09 日 核心观点 分析师 范想想 2. 【银河北交所】2024 中期策略_新质生产力赋能 北证,关注国央企投资价值 3. 【中国银河证券】Deepseek 冲击波:北交所_ 中小企业的智能化赋能 www.chinastock.com.cn 证券研究报告 请务必阅读正文最后的中国银河证券股份有限公司免责声明 ☎: 010-8092-7663 网：fanxiangxiang_yj @chinastock.com.cn 分析师登记编码：S0130518090002 2025-05-09 相对沪深 300 表现图 资料来源:iFinD,中国银河证券研究院 相关研究 资料来源：中国银河证券研究院 1. 【银河北交所】2025 年度策略_并购重组助高质 发展，抓两新两重投资机遇 5 月 9 日, 北证 50 涨跌幅为-0.12%,收于 1379.31点。北证 50 指数开 ● 盘点位为 1380.69 点，最高点位达 1399.14 点，最低点位为 1367.92 点。同 日,上证指数收于 3342.00点,涨跌幅为-0.30%;沪深 300 收 ...

（原标题：主力资金丨尾盘6股获主力资金大幅加仓） 今日仅2个行业主力资金净流入。 热门军工股中航成飞主力资金净流出金额居首，为15.17亿元。数据显示，截至4月30日，中航成飞股东总户数为5.47万户，较上期（4月18日）增 加1141户，增幅为2.13%。 据证券时报·数据宝统计，今日沪深两市主力资金净流出365.63亿元，其中创业板净流出174.52亿元，沪深300成份股净流出58.63亿元。 行业板块方面，申万一级行业有7个行业上涨，美容护理和银行行业涨幅居前，均超1.3%；纺织服饰、公用事业、家用电器、食品饮料和煤炭行 业微涨。24个下跌行业中，电子行业跌幅居首，跌2.07%；计算机、国防军工、传媒、商贸零售和房地产等行业跌幅均超1%。 从资金流向来看，申万一级行业中，仅纺织服饰和煤炭行业主力资金净流入，金额分别为1.66亿元、1.01亿元。 29个主力资金净流出的行业中，电子行业净流出金额居首，达61.23亿元；计算机行业净流出54.22亿元；机械设备、国防军工、通信、基础化工和 传媒等行业主力资金净流出均超15亿元。 热门军工股遭资金大幅净流出 从个股来看，今日20股主力资金净流入超1亿元，其中1 ...

沪指5月8日上涨0.28%，申万所属行业中，今日上涨的有21个，涨幅居前的行业为通信、国防军工，涨 幅分别为2.60%、2.57%。跌幅居前的行业为美容护理、有色金属，跌幅分别为0.96%、0.43%。纺织服 饰行业今日下跌0.16%。 纺织服饰行业资金流出榜 纺织服饰行业今日下跌0.16%，全天主力资金净流出7.39亿元，该行业所属的个股共104只，今日上涨的 有59只，涨停的有4只；下跌的有41只。以资金流向数据进行统计，该行业资金净流入的个股有42只， 净流入资金居首的是朗姿股份，今日净流入资金2676.10万元，紧随其后的是美邦服饰、迎丰股份，净 流入资金分别为1543.91万元、1441.16万元。纺织服饰行业资金净流出个股中，资金净流出超3000万元 的有6只，净流出资金居前的有华孚时尚、南山智尚、探路者，净流出资金分别为2.44亿元、1.54亿元、 5405.37万元。（数据宝） | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 002042 | 华孚时尚 | -9.87 | 10.7 ...

Core Insights - The Beijing Stock Exchange (BSE) reported that 265 companies achieved a total net profit of 11.03 billion yuan in 2024, with 225 companies profitable, resulting in a profitability rate of 85% [1][2] - Companies listed on the BSE increased their R&D investment to over 9.1 billion yuan in 2024, demonstrating a commitment to innovation and quality improvement [1][4] Financial Performance - The total operating revenue for BSE companies was 180.845 billion yuan, remaining stable compared to the previous year, with 31 companies exceeding 1 billion yuan in revenue [2] - 120 companies reported a year-on-year increase in net profit, with 42 companies achieving positive net profit growth for three consecutive years [2] - The top three companies by net profit were Better Energy, Tongli Co., and Jinbo Bio, with net profits of 930 million yuan, 793 million yuan, and 732 million yuan respectively [2] Industry Trends - The consumer and automotive sectors showed signs of recovery, with net profit growth of 8.75% in automotive-related industries, driven by policies promoting automotive consumption [3] - The home appliance and textile sectors experienced net profit increases of 18.99% and 14.40% respectively, while the engineering machinery sector saw a 13.44% rise in net profit [3] - Conversely, the basic chemical and photovoltaic equipment sectors faced declines in net profit of 72.93% and 43.12% respectively due to market adjustments [3] R&D and Innovation - BSE companies collectively invested over 9.1 billion yuan in R&D, with more than 60% of companies increasing their R&D spending year-on-year [4] - The average R&D intensity reached 5.04%, with 41 companies exceeding a 10% R&D intensity [4] - Over half of the companies on the BSE are recognized as national "little giant" enterprises, highlighting their innovative capabilities [4] Mergers and Acquisitions - The BSE has seen five companies complete refinancing, raising a total of 1.35 billion yuan, and three companies plan to issue targeted convertible bonds to raise 370 million yuan [5] - Companies are actively pursuing mergers and acquisitions to enhance innovation and expand production capabilities, with notable examples including Jiahua Technology's acquisition of a Vietnamese paper products company [5] Shareholder Returns - Over 90% of profitable companies announced dividend plans, totaling 5.968 billion yuan in 2024, with more than 30% of companies distributing over 50% of their net profits as dividends [6] - The BSE also saw a high volume of share buyback plans, with 28 new buyback plans announced in 2024, totaling over 798 million yuan [6] - Investor relations management improved significantly, with over 7,000 institutional surveys conducted and more than 300 investor engagement activities held throughout the year [6]

证券研究报告 | 朝闻国盛 gszqdatemark 2025 05 07 年 月 日 朝闻国盛 A 股一季度报盈利特征&5 月市场观点 今日概览 重磅研报 【策略】A 股 25Q1 盈利与供需特征如何？——25Q1 财报分析（一）— —20250506 研究视点 【食品饮料】零售变革草根调研（二）四川零食有鸣批发超市：多品类 折扣先行者，千店规模优势深厚——20250506 【通信】润泽科技（300442.SZ）-改造机房适配新需求，AIDC 高增趋势 未改——20250506 【电新】同飞股份（300990.SZ）-25Q1 毛利率环比持续提升，期待公司 数据中心、半导体温控收入放量——20250506 作者 | 分析师 熊园 | | | | | --- | --- | --- | --- | | 执业证书编号：S0680518050004 | | | | | 邮箱：xiongyuan@gszq.com | | | | | 行业表现前五名 | | | | | 行业 | 1 月 | 3 月 | 1 年 | | 美容护理 | 15.6% | 12.4% | -4.2% | | 计算机 | 14.6% | -1 ...