Market Overview - The market experienced a significant decline today, with the Sci-Tech 50 Index dropping over 6% and the Shanghai Composite Index falling more than 2% at one point. The total market turnover reached 2.5 trillion yuan, an increase of over 180 billion yuan compared to the previous trading day, with nearly 3,000 stocks declining [1] - The technology sector, particularly in computing power and semiconductor industries, saw substantial losses, with Cambrian Technology dropping over 10%. In contrast, the relatively low-positioned new energy and consumer sectors performed actively, and the banking sector rose against the trend, with Agricultural Bank of China hitting a historical high [1] Fund Flow - Main funds focused on retail, battery, and photovoltaic equipment sectors today, with notable net inflows into stocks such as Bubugao, Victory Precision, and Tiantong Co., Ltd. [2] Industry News 1. The Ministry of Industry and Information Technology and the State Administration for Market Regulation issued the "Action Plan for Stable Growth in the Electronic Information Manufacturing Industry (2025-2026)", targeting an average growth rate of around 7% for major electronic manufacturing sectors and over 5% for the overall electronic information manufacturing industry by 2026 [3] 2. The National Energy Administration emphasized the need to promote the development of emerging industries such as deep-sea offshore wind power and solar thermal power, aiming to stabilize market expectations and create a favorable market environment for renewable energy [4] Global Trends - According to Counterpoint Research, global smartwatch shipments grew by 8% year-on-year in Q2 2025, marking the first increase after five consecutive quarters of decline. Huawei's smartwatch shipments surpassed Apple's for the first time, driven by strong consumer demand in the Chinese market [5] Market Sentiment 1. Guangfa Securities recommends investors maintain their positions in the technology sector, as the current valuation differentiation is not significant. The focus remains on the technology industry, particularly in areas like overseas computing power and innovative pharmaceuticals [6] 2. Dongwu Securities suggests that in the current market environment with ample liquidity, the focus should be on AI-centric technology. They advise monitoring for potential adjustments in upstream hardware, which could trigger significant market reactions [7] 3. Oriental Securities anticipates limited downward movement in the market but also notes a lack of upward momentum, with the Shanghai Composite Index expected to fluctuate between 3,750 and 3,900 points [8]

Group 1 - The core viewpoint of the article highlights a significant rise in photovoltaic equipment concept stocks, particularly Tongwei Co., Ltd. (600438), which saw its stock price reach a new high for the year at 23.5 yuan per share, marking an intraday increase of nearly 7% [1] - As of the report, Tongwei's stock price increased by 4.55%, reaching 22.98 yuan per share, with a total market capitalization of 102.8 billion yuan [1] - The 2025 semi-annual report indicates that Tongwei achieved an operating income of approximately 40.509 billion yuan in the first half of the year, representing a year-on-year decline of 7.51% [1] Group 2 - The net profit attributable to shareholders for Tongwei in the first half of the year was approximately -4.955 billion yuan, reflecting a year-on-year decrease of 58.35% [1] - Among 70 companies in the photovoltaic equipment sector listed on the A-share market, Tongwei reported the highest net loss for the first half of the year [1]

Group 1 - The photovoltaic equipment and energy storage sectors experienced a significant surge in stock prices, with companies like Shangneng Electric reaching a 20% limit up and JA Solar hitting the limit up as well [1] - Other companies in the sector, such as Daqo New Energy, Sungrow Power, and Tongwei Co., also showed notable gains, indicating a strong performance across the industry [1]

光伏设备、储能板块午后再度拉升，上能电气20cm涨停，晶澳科技触及涨停，大全能源、阳光电源、 通威股份涨幅居前。 ...

电池、光伏板块早盘领涨，截至午间收盘，中证新能源指数上涨1.1%，国证新能源电池指数上涨1.2%，中证光伏产业指数上涨1.6%，中证上海环交所碳中 和指数下跌1.3%，储能电池ETF（159566）半日获5700万份净申购。 | 截至午间收盘 | 该指数 该指数自20 | | --- | --- | | 该指数涨跌 | 滚动市销率 发布以来估( | | 1.6% | 2.2倍 43.89 | 每日经济新闻 ...

另外，CPO概念高开低走，长飞光纤(601869)、华工科技(000988)、东山精密(002384)跌停；半导体股大 幅回调，寒武纪、东芯股份跌约12%，通富微电(002156)、兆易创新(603986)跌停；有色金属股普跌， 洛阳钼业(603993)、白银有色(601212)一度触及跌停，华钰矿业(601020)跌超9%。(格隆汇) (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9月4日｜A股三大指数早盘集体下跌，截至午盘，沪指跌1.97%报3738.32点，深成指跌2.37%， 创业板指跌3.2%，科创50指数跌5.38%。沪深京三市半日成交额16187亿元，较上日放量1465亿元。全 市场超2600只个股下跌。 盘面上，大消费板块逆势上涨，旅游、零售、食品乳业方向涨幅靠前，岭南控股(000524)、国芳集团 (601086)、安记食品(603696)涨停；光 ...

Market Overview - The three major stock indices experienced declines, with the Shenzhen Component Index dropping over 2%, the ChiNext Index falling more than 3%, and the Sci-Tech Innovation 50 Index decreasing over 5% [1] - As of the midday close, the Shanghai Composite Index was at 3738.32 points, down 1.97%; the Shenzhen Component Index was at 12176.90 points, down 2.37%; and the ChiNext Index was at 2806.63 points, down 3.20% [1] Sector Performance - The retail sector showed strength in the morning, with stocks such as Huijia Times, Guofang Group, and Eurasia Group hitting the daily limit [1] - The photovoltaic equipment sector was active, led by Shangneng Electric, with Tongrun Equipment and An彩高科 also reaching the daily limit [1] - The tourism and hotel sector saw gains, with Lingnan Holdings hitting the daily limit [1] - Conversely, the CPO concept experienced a pullback, with Yuanjie Technology leading the declines [1] - The military industry sector continued to adjust, with multiple stocks like Great Wall Military Industry and Construction Industry hitting the daily limit down [1] - The semiconductor sector weakened, with Cambrian Technology dropping over 10% and Zhaoyi Innovation hitting the daily limit down [1] Overall Market Sentiment - The overall market sentiment was mixed, with over 2500 stocks declining [1] - The tourism and hotel, ice and snow industry, and duty-free shop sectors had the highest gains, while the CPO concept, semiconductors, and China AI 50 sectors faced the largest declines [1]

盘面上，大消费板块逆势上涨，旅游、零售、食品乳业方向涨幅靠前，岭南控股、国芳集团、安记食品 涨停；光伏设备概念股普涨，安彩高科涨停，爱旭股份、晶澳科技、通威股份涨超5%；固态电池生产 设备企业订单激增引发关注，相关概念股走强，力王股份、武汉蓝电涨超10%，天际股份、金龙羽（维 权）涨停。 格隆汇9月4日｜A股三大指数早盘集体下跌，截至午盘，沪指跌1.97%报3738.32点，深成指跌2.37%， 创业板指跌3.2%，科创50指数跌5.38%。沪深京三市半日成交额16187亿元，较上日放量1465亿元。全 市场超2600只个股下跌。 MACD金叉信号形成，这些股涨势不错！ 另外，CPO概念高开低走，华工科技、东山精密跌停；半导体股大幅回调，寒武纪、东芯股份跌约 12%，通富微电、兆易创新跌停；有色金属股普跌，洛阳钼业、白银有色一度触及跌停，华钰矿业跌超 9%。(格隆汇) ...

数据显示，华宝基金旗下1只基金重仓锦浪科技。华宝绿色领先股票（007590）二季度减持5200股，持 有股数3.04万股，占基金净值比例为3.04%，位居第八大重仓股。根据测算，今日浮盈赚取约11.25万 元。 9月4日，锦浪科技涨5.05%，截至发稿，报77.03元/股，成交9.06亿元，换手率3.72%，总市值306.67亿 元。 资料显示，锦浪科技股份有限公司位于浙江省象山县经济开发区滨海工业园金通路57号，成立日期2005 年9月9日，上市日期2019年3月19日，公司主营业务涉及组串式逆变器研发、生产、销售和服务,主要产 品为组串式逆变器。主营业务收入构成为：并网逆变器47.97%，户用光伏发电系统21.28%，储能逆变 器20.91%，新能源电力生产8.01%，其他1.83%。 从基金十大重仓股角度 华宝绿色领先股票（007590）基金经理为闫旭。 责任编辑：小浪快报 华宝绿色领先股票（007590）成立日期2019年9月18日，最新规模5733.59万。今年以来收益12.3%，同 类排名3250/4222；近一年收益37.32%，同类排名2453/3789；成立以来收益36.29%。 截至发稿， ...

Group 1 - The BC battery sector is leading the market with notable gains, including Robert's Technology up by 5.84%, Aiko up by 4.55%, and Junda up by 4.3% [2] - The A-share market opened with mixed results, with the Shanghai Composite Index down by 0.15% at 3807.76 points, while the Shenzhen Component Index rose by 0.44% to 12526.3 points, and the ChiNext Index increased by 1.18% to 2933.68 points [3] - Various sectors are active, including HJT batteries, CPO, and precious metals, while the automotive and oil & gas sectors are experiencing declines [3] Group 2 - The Hong Kong stock market opened with the Hang Seng Index up by 0.57% and the Hang Seng Tech Index up by 0.74%, with technology stocks generally rising, including Tencent Music up nearly 3% and Baidu up over 1% [4]