2024年度公用事业行业分红排名 | 代码 | 简称 | 每10股送转 | 每10股派现 | 派现金额（万 | 派现占净利润比例 | 股息率 | | --- | --- | --- | --- | --- | --- | --- | | | | （股） | （元） | 元） | （%） | （%） | | 600803 | 新奥股 份 | 0.00 | 10.3 | 632734.69 | 140.82 | 5.41 | | 003816 | 中国广 核 | 0.00 | 0.95 | 479736.81 | 44.36 | 2.27 | | 60001 1 | 华能国 | 0.00 | 2.7 | 423848.52 | 41.82 | 3.30 | | --- | --- | --- | --- | --- | --- | --- | | | 际 | | | | | | | 600795 | 国电电 | 0.00 | 1.1 | 196191.81 | 19.96 | 2.16 | | | 力 | | | | | | | 600674 | 川投能 源 | 0.00 | 4 | 194984.27 | 43 ...

| 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 000601 | 韶能股份 | 9.93 | 14.38 | 24239.40 | | 600310 | 广西能源 | 9.98 | 14.22 | 21205.56 | | 600505 | 西昌电力 | 9.97 | 15.62 | 17629.17 | | 600744 | 华银电力 | 10.00 | 3.80 | 14871.61 | | 600644 | 乐山电力 | 10.01 | 22.96 | 10936.78 | | 600969 | 郴电国际 | 9.95 | 11.30 | 9132.81 | | 000883 | 湖北能源 | 1.39 | 1.45 | 8923.37 | | 600900 | 长江电力 | 0.89 | 0.24 | 8257.50 | | 600979 | 广安爱众 | 5.34 | 11.65 | 7809.98 | | 000600 | 建投能源 | 4.78 | 12.90 | 5148.33 | ...

Group 1 - The A-share market's three major indices closed mixed, with the CSI 300 Utilities (secondary industry) index at 2610.44 points [1] - The CSI 300 Utilities index has increased by 3.88% over the past month, 2.74% over the past three months, and has decreased by 3.55% year-to-date [1] - The CSI 300 index categorizes its 300 sample stocks into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries [1] Group 2 - The top ten weights in the CSI 300 Utilities index are: Changjiang Electric Power (48.15%), China Nuclear Power (10.39%), Three Gorges Energy (8.2%), Guodian Power (5.46%), State Power Investment (4.72%), Chuanwei Energy (4.36%), Huaneng International (4.2%), China General Nuclear Power (3.8%), Zhejiang Energy (3.06%), and Huadian International (2.62%) [1] - The market share of the CSI 300 Utilities index is 95.84% from the Shanghai Stock Exchange and 4.16% from the Shenzhen Stock Exchange [2] - The industry composition of the CSI 300 Utilities index includes hydropower (59.47%), thermal power (15.34%), nuclear power (14.19%), wind power (8.56%), and gas (2.43%) [2] Group 3 - The index sample is adjusted every six months, with adjustments implemented on the next trading day after the second Friday of June and December each year [2] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made when the CSI 300 index samples are modified [2] - Special events affecting sample companies may lead to changes in industry classification, and companies that are delisted will be removed from the index sample [2]

来 源 | 芒 格 书 院 预 计 阅 读 时 间：1 6 分 钟 五一小长假将至，除了假期，最令人期待的莫过于巴菲特股东大会。2025年股东大会定于当地时间 5月3日在奥马哈举行。在这场投资盛会启幕前，让我们先重温巴菲特最新发布的致股东信。 2月底，伯克希尔哈撒韦正式发布2024年年度报告及巴菲特年度股东信。芒格书院通过DeepSeek 精 译了这份奥马哈来信的全文。 01 我们以股东希望的方式传递信息 致伯克希尔·哈撒韦公司股东： 这封致股东信是 伯克希尔年报 的重要组成部分。作为上市公司，我们有义务定期向您披露大量具体事 实和数据。 但"年报"二字承载着更重的责任——除了法定披露事项，我们认为还应当向您阐述所投资产的本质与我 们的投资理念。我们的沟通准则始终如一：若角色互换（即您执掌伯克希尔，而我与家族作为被动投资 者将毕生积蓄托付于您）， 您会希望以何种方式获得信息，我们便以何种方式传递信息。 这种理念促使我们每年如实报告您通过伯克希尔股权间接持有的各家企业的兴衰起落。不过当谈及具体 子公司的问题时，我们始终恪守六十年前汤姆·墨菲传授的黄金法则："指名道姓赞其优，分门别类析其 弊。" 02 错的——是 ...

在基金经理普遍看空美股之际，个人投资者正涌入市场，押注单一股票和高杠杆工具，希望从剧烈波动 中获取巨额回报。 4月22日美银发布报告，在上周标普500指数下跌1.5%的背景下，客户首次在三周内净抛售美国股票， 总额达16亿美元。ETF市场也出现五周以来首次抛售，虽然单个股票仍有小幅净买入。 值得注意的是，机构客户和对冲基金延续了之前的卖出趋势，而零售投资者连续第19周净买入，创下自 2008年有数据以来年初最长买入纪录。 据媒体报道，摩根大通数据也表明，从特朗普宣布所谓对等关税到4月16日，个人投资者净买入价值210 亿美元的股票和ETF，与基金经理对美国股票的普遍看空形成鲜明对比。 当今年4月初市场暴跌、投资者抛售数万亿美元股票的那一天，37岁的营销总监Dan Oksnevad并没有随 波逐流。相反，他将自己90%的七位数投资组合（包括退休基金）全部押注在比特币及相关股票上。尽 管比特币当天下跌了近6%，但Oksnevad表示： 这简直是一个大声呼喊的买入机会，我就是在追求几周或几个月内获得数十年的回报。我真 心相信，市场波动是创造财富的地方。 华尔街基金谨慎看空美股 美银报告指出，在近期的市场波动中，华尔 ...

周二指数继续反弹修复，沪指接近回补"关税跳空缺口"。周二 A 股全天继续维持修复反弹走势， 距离所谓"对等关税"宣布前的跳空缺口 3319 点仅一步之遥。虽然经历了连续的上涨，市场观望情绪开 始加大，追涨意愿下降，但 A 股的修复行情仍然在延续。从中期角度来看，在中央汇金等三家国资开 始增持，叠加多家上市公司宣布回购增持后，市场已经迎来拐点。尽管"对等关税"的后续影响还存在一 定不确定性，但市场交易开始克服恐慌心理，指数在波折中继续修复行情。 后市展望：关税事件的冲击最高峰已经过去，A 股将在波折中继续修复。4 月 7 日的极端下跌是对 近期所谓"对等关税"事件的一次性反映，随着市场情绪逐渐平稳和以中央汇金为代表的国资以及多家上 市公司宣布回购增持后，目前 A 股已经进入修复性回升。但修复过程并非一帆风顺，美国对全球范围 加征所谓"对等关税"的后续变化对中国和全球经济产生的影响目前仍存在较大不确定性，市场预期变化 也存在反复。后市争议较大的仍然是对海外业务依赖性较高的行业，如消费电子、CXO 等会受到"对等 关税"多大程度的影响。确定性较高的是内需和消费主线，预计会受益于未来的对冲政策。A 股在美国 政府征收 ...

按申万行业统计，百川能源所属的公用事业行业共有53家公司公布了2024年度分配方案，派现金额最多 的是新奥股份，派现金额为63.27亿元，其次是中国广核、华能国际，派现金额分别为47.97亿元、42.38 亿元。（数据宝） 4月23日百川能源发布2024年度分配预案，拟10派1.45元（含税），预计派现金额合计为1.94亿元。派现 额占净利润比例为60.94%，以该股2024年度成交均价计算，股息率为3.96%。这是公司上市以来，累计 第16次派现。 公司上市以来历次分配方案一览 | 日期 | 分配方案 | 派现金额合计（亿元） | 股息率（%） | | --- | --- | --- | --- | | 2024.12.31 | 10派1.45元（含税） | 1.94 | 3.96 | | 2024.06.30 | 10派0.9元（含税） | 1.21 | 2.39 | | 2023.12.31 | 10派1.3元（含税） | 1.74 | 2.96 | | 2023.06.30 | 10派1.5元（含税） | 2.01 | 3.36 | | 2022.12.31 | 10派1.5元（含税） | 2.01 ...

美股盘初，主要行业ETF普涨，半导体ETF、生物科技指数ETF涨幅居前。 | 生物科技指 ... | 119.68 | +2.44 (+2.08%) | 88801股 | 95.03亿 | | --- | --- | --- | --- | --- | | us IBB | | | | | | 半导体ETF --- | 191.58 | +3.75 (+2.00%) | 66.35万股 | 22.65亿 | | us SMH | | | | | | 网络股指数E ... | 210.40 | +4.07 (+1.97%) | 10638股 | 139.71亿 | | us FDN | | | | | | 金融业ETF --- | 46.54 | J +0.89 (+1.95%) | 287.53万股 | 518.01亿 | | us XLF | | | | | | 可选消费ET ... | 183.79 | +3.34 (+1.85%) | 21.18万股 | 230.85亿 | | US XLY | | | | | | 区域银行ET ... | 51.65 | +0.91 (+1.79%) | 97.78万 ...

AI基金易方达逆向投资混合A（011649）披露2025年一季报，第一季度基金利润2218.23万元，加权平均基金份额本期利润0.033元。报告期内，基金净值增 长率为3.38%，截至一季度末，基金规模为6.37亿元。 该基金属于偏股混合型基金。截至4月21日，单位净值为0.929元。基金经理是杨嘉文，目前管理5只基金。其中，截至4月21日，易方达平衡视野混合A1近一 年复权单位净值增长率最高，达8.97%；易方达科瑞混合最低，为-6.5%。 基金管理人在一季报中表示，截至报告期末，大部分主流指数的估值分位处于中位数附近。本基金在 2025 年第一季度股票仓位相对稳定，一季度增持的行 业主要有汽车、电子、传媒，而减持的行业主要是公用事业、食品饮料、轻工制造。在行业选择上，本基金会更关注和经济相关性不高，而且估值分位不高 的板块；同时在顺周期板块也会布局一些供需格局清晰的子行业或者有较强竞争力的个股。 截至4月21日，易方达逆向投资混合A近三个月复权单位净值增长率为-1.63%，位于同类可比基金151/256；近半年复权单位净值增长率为-3.43%，位于同类 可比基金150/256；近一年复权单位净值增长率为- ...

1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report The report focuses on the trading tracking of ultra - long credit bonds, analyzing the changes in trading volume, trading price, and low - valuation trading proportion of ultra - long credit bonds, ultra - long urban investment bonds, and ultra - long industrial bonds in the week from April 14th to April 18th, 2025, and comparing them with previous weeks [1][2][4][5]. 3. Summary by Relevant Catalogs 3.1 Ultra - long Credit Bonds: Volume Rise and Decline in Low - valuation Transaction Proportion - **Trading Volume**: The daily trading activity of ultra - long credit bonds increased, with an average of 3.2 daily transactions (previous value: 2.9). The trading volume of ultra - long credit bonds with a remaining maturity of 10 - 15 years increased significantly. However, the total trading volume decreased to 296 billion yuan, a 13.2% week - on - week decline, mainly due to the decrease in bonds with a remaining maturity of 7 - 10 years. Industrial bonds were more actively traded than urban investment bonds [2][11]. - **Trading Term**: The average trading term of ultra - long credit bonds decreased to 9.93 years, a 0.65 - year decline. The average trading term of ultra - long urban investment bonds increased by 0.03 years, while that of industrial bonds decreased by 0.69 years [3][13]. - **Trading Price**: The trading yield of ultra - long credit bonds rose to 2.37%, a 7 - bp increase. The trading yield of ultra - long urban investment bonds decreased by 5 bp, and that of ultra - long industrial bonds increased by 7 bp. The proportion of low - valuation transactions decreased to 46%, with a significant decline in ultra - long industrial bonds from 59% to 44%. The proportion of low - valuation transactions of bonds with a remaining maturity of 20 - 30 years decreased by about 33 percentage points [3][13]. 3.2 Ultra - long Urban Investment Bonds: Rising Volume in Shandong and Fujian, Marginal Increase in Low - valuation Transaction Proportion in Fujian - **Trading Volume**: Shandong had a high trading volume of 38.3 billion yuan. The trading volume of ultra - long urban investment bonds in Sichuan and Shaanxi decreased by 5.4 billion yuan and 2.3 billion yuan respectively. The trading volume in Shandong and Fujian increased [4][15]. - **Trading Term**: The average trading term was 9.73 years. The trading term in Shandong increased by 2.18 years, while that in Shaanxi decreased by 3.76 years [4][16]. - **Trading Price**: Zhejiang had a high trading yield of over 3%. The trading yields in Henan and Guangdong increased by 30 bp and 13 bp respectively, while those in Anhui and Shandong decreased by 99 bp and 55 bp respectively. The proportion of low - valuation transactions in Beijing decreased by 49 percentage points, while that in Fujian increased [4][16]. 3.3 Ultra - long Industrial Bonds: Rising Volume in Comprehensive and Basic Chemical Industries, Decline in Low - valuation Transaction Proportion in Machinery and Public Utilities - **Trading Volume**: The comprehensive industry had a high trading volume of 57.7 billion yuan. The trading volume in the comprehensive and basic chemical industries increased by 27.5 billion yuan and 9.5 billion yuan respectively, while that in the public utilities industry decreased by about 99.8 billion yuan [5][19]. - **Trading Term**: The trading terms of non - bank finance and real estate industries decreased by 3.98 years and 2.97 years respectively, while those of transportation and public utilities industries increased by 4.23 years and 1.39 years respectively [5][22]. - **Trading Price**: The trading yields of transportation and machinery industries increased by 83 bp and 24 bp respectively. The proportion of low - valuation transactions in steel, electronics, social services, and commercial retail industries was as high as 100%. The proportion of low - valuation transactions in machinery and public utilities industries decreased [7][22].