冲高回落后再度拉升，截止午盘沪指上涨0.24%，深成指上涨0.15%，创业板指下跌0.52%。两市合计超 3000只个股下跌，合计成交额1.63万亿。 欢迎您在评论中分享自己的看法，大家一起学习和讨论。 有色金属概念股高开高走集体大涨，截止午盘上涨2.95%，贝壳、北方铜业、盛达资源等在内的多股涨 停。芯片概念股表现活跃，其中芯原股份涨停。房地产板块震荡反弹，其中荣盛发展涨停。 消息面：中国AI云市场报告，阿里云以35.8%的市场份额稳居行业第一。铠侠宣布与英伟达展开合作， 打造读取速度较传统SSD快近百倍的固态硬盘。国家发展改革委、国家能源局印发新型储能规模化建设 专项行动方案，鼓励新型储能全面参与电能量市场。 电池概念股出现分化，其中先导智能大跌。玻璃玻纤、游戏、化妆品概念、轮毂电机、生物质能发电、 家用轻工、食品饮料、科创板做市商、白酒等行业板块紧随其后。 ...

Market Overview - On September 12, the Shanghai Composite Index closed at 3870.60 points, down 0.12%, with a trading volume of 10,938 billion yuan [2] - The Shenzhen Component Index closed at 12,924.13 points, down 0.43%, with a trading volume of 14,271.18 billion yuan [2] - The ChiNext Index closed at 3020.42 points, down 1.09%, with a trading volume of 6,803.15 billion yuan [2] - The total trading volume of both markets was 25,209.18 billion yuan, an increase of 831.93 billion yuan compared to the previous trading day [2] Industry Performance - Strong performance was observed in sectors such as non-ferrous metals, real estate, steel, electronics, construction decoration, and pharmaceutical biology [4] - The non-ferrous metals sector saw the highest net inflow of funds, amounting to 15.99 billion yuan [5] - Other sectors with significant net inflows included pharmaceutical biology (5.65 billion yuan), textiles and apparel (3.44 billion yuan), and real estate (3.24 billion yuan) [5] - Conversely, sectors such as electronics, computing, and communication experienced the largest net outflows, with electronics seeing a net outflow of 77.16 billion yuan [5] Stock Performance - A total of 1,865 stocks rose while 3,161 stocks fell, with 74 stocks hitting the daily limit up and 8 stocks hitting the limit down [4] - *ST Weir achieved the highest consecutive limit-up days at 6, followed by *ST Asia Pacific with 5 consecutive limit-ups [4] - 67 stocks received net inflows exceeding 1 billion yuan, with Shanzi Gaoke leading at 11.05 billion yuan [8] - Conversely, 143 stocks experienced net outflows exceeding 1 billion yuan, with Luxshare Precision seeing the highest outflow at 25.1 billion yuan [10] Institutional Activity - Institutional funds had a net outflow of approximately 8.86 billion yuan, with 10 stocks seeing net purchases and 11 stocks seeing net sales [11] - The stock with the highest net purchase by institutions was Shanzi Gaoke, with a net inflow of about 1.23 billion yuan [11] - The stock with the highest net sale was Chip Original, with a net outflow of approximately 8.98 billion yuan [11]

首次冲击后，上证指数出现回落，但未发生下跌；第二次上冲则在下午，指数最高触及 3889.32 点，随后再度回落且未再反弹，收盘时下跌 0.12% ，报 3870.60 点。 深 证 两大指数今 天 跌幅相对更大，深成指下跌 0.41% ，创业板指下跌 1.09% 。出现这 一差异，核心原因在于两大市场的品种结构不同：上海市场以 " 纪联 海 " 相关品种为主导， 深 证 市场则主要受 " 易中天 " 相关品种影响。 今 天 " 纪联 海 " 在上海市场表现亮眼，其中 寒武纪 全天大涨 7.28% ，涨幅主要集中在 下午，盘中一度涨停（涨 10% ），随后略有回落，最终收于该涨幅水平。 A股三大指数今日集体回调，截止收盘，沪指跌0.12%，收报3870.60点；深证成指跌 0.43%，收报12924.13点；创业板指跌1.09%，收报3020.42点。 沪深两市成交额达到 25209亿，较昨日放量832亿。 老水看盘 上证指数如期创下新高，点位达 3892.14 点。该点位较 3888.60 点高出 3.54 点，较昨 天 上涨 16.83 点。这一高点出现在今 天 上午 10:30 ，但未能守住。 水皮杂谈 ...

南方财经记者从深圳贝壳研究院获悉，新政落地后，深圳二手房市场呈现持续升温态势。据深圳贝壳研 究院监测，新政后六天（9月6日至11日），贝壳深圳合作门店二手签约量较新政前六天增长45%。 其中，罗湖表现尤为突出，增幅高达109%，高于深圳其他各区。深圳贝壳研究院院长肖小平表示，新 政后罗湖二手房市场成交活跃度大幅上升，核心原因有两点：一是罗湖配套成熟，房价亲民，相较南 山、福田性价比高，适配各类自住需求及性价比导向的投资者；二是新政将其移出核心限购区，放开购 房套数限制，释放大量此前无资格的购房者，直接推动成交激增。 除了罗湖以外，贝壳研究院数据显示，9月6日至11日，龙华区、盐田区、福田区的二手房签约量较前六 天增幅均在50%以上，宝安区和龙岗区分别以43%、39%的增幅位列其后。 南方财经记者 张晓慧 深圳报道 9月6日起，深圳市住房和建设局、中国人民银行深圳市分行联合印发的《关于进一步优化调整本市房地 产政策措施的通知》正式施行，分区优化调整居民购买商品住房政策。 深圳多区放宽限购，其中，盐田区、大鹏新区取消限购；深户、在深圳连续缴纳社会保险或个人所得税 满1年及以上的非深户在罗湖区、宝安区（不含新安街道 ...

Group 1: Report Title and General Information - Report Title: "The Last Hurdle Before Interest Rate Cuts: Inflation Control Confirmed - A Review of US Inflation Data in August 2025" [1] - Chief Analyst: Hong Ziyan [2] Group 2: Investment Rating - Not provided in the report Group 3: Core Views - CPI and core CPI both increased in August, but the growth was limited, and the increase in core CPI was weaker than that of CPI [2]. - The increase in CPI was mainly driven by food and energy items, while core services showed controllable inflation under the slowdown of wage growth, and the real - estate market continued to cool down [8]. - Weak demand persists, and tariff exemptions are expected to further reduce inflationary pressure, clearing the way for the Fed to cut interest rates in September, with the market's expectation of a September rate cut remaining at 100% [8]. Group 4: Data Observation Price Indexes - In August, CPI increased by 2.9% year - on - year (expected 2.84%, previous 2.7%) and 0.4% month - on - month (previous 0.3%). Core CPI increased by 3.1% year - on - year (expected 3.05%, previous 3.0%) and 0.3% month - on - month (same as previous) [2]. Energy and Food Items - Energy items: In August, the energy sub - item rose 0.7% month - on - month (previous - 1.1%), with gasoline prices turning from a decline to an increase (1.9% month - on - month, the largest increase since January). Electricity and pipeline gas prices also rose significantly, with year - on - year increases of 6.2% and 13.8% respectively [3]. - Food items: In August, the food sub - item increased by 3.2% year - on - year (higher than the overall CPI) and 0.5% month - on - month (inflation expanded from July's 0.0%), with significant month - on - month increases in fruits, vegetables, meat, poultry, fish, and eggs [3]. Demand - Sensitive Indicators - Vehicle prices: Used car prices rose 1.0% month - on - month (previous 0.5%) and 6.0% year - on - year. New car prices also recovered, with a 0.3% month - on - month increase (previous 0.0%) and a 0.7% year - on - year increase (previous 0.4%) [4]. - Consumer confidence: The University of Michigan Consumer Sentiment Index dropped to 58.2 in August (previous 61.7), the first decline in 4 months [4]. - Used car wholesale: The Manheim Used Vehicle Value Index showed that the year - on - year wholesale price dropped to 1.72%, and the month - on - month value was only 0.03% [4]. Demand - Lagging Indicators - Furniture prices: The month - on - month growth rate of furniture prices dropped to 0.1% (previous 0.7%), indicating that the impact of tariff costs on furniture prices is weakening and demand has not recovered [4]. Service - Related CPI - Service - related CPI: The month - on - month service CPI began to decline, and the year - on - year value remained the same. The housing market continued to cool down under the slowdown of wage growth [5]. Group 5: Deep Analysis - Inflation controllability: The increase in CPI in August was mainly due to volatile items, and core inflation was still controllable, which did not affect the expectation of an interest rate cut in September [8]. - Future trends: Weak demand continues, and tariff exemptions are expected to further reduce inflationary pressure, clearing the way for the Fed to cut interest rates [8]. - Market reaction: The market regarded the inflation data as a positive signal. The FedWatch tool showed that the expectation of a September rate cut remained at 100%, and traders increased their bets on a rate cut in the second half of the year [8]. Group 6: Summary of Key Charts CPI and Core CPI Trends - Chart 1 shows the year - on - year trends of CPI and core CPI, including actual and predicted values [13][17]. - Chart 2 and 3 show the month - on - month trends of CPI and core CPI and their comparisons with previous years [13][18]. CPI Component Analysis - Chart 4 details the seasonally - adjusted month - on - month and year - on - year changes of various CPI components [13][20]. Other Market Indicators - Chart 5 shows the continuous decline of oil prices [13][21]. - Chart 6 shows that the used car wholesale price increased slightly with low volatility [13][21]. - Chart 7 shows that leading indicators of rent levels are on a continuous downward trend [13][23]. - Chart 8 shows that supply - chain pressure is decreasing while sales are slightly recovering [13][23]. - Chart 9 shows that the gap between average hourly wage growth and core CPI growth is narrowing [13][25]. - Chart 10 shows that the gap between average hourly wage growth and productivity growth is narrowing [13][26].

Group 1 - China Baoan's stock increased by 5.01%, reaching 11.52 CNY per share, with a trading volume of 1.349 billion CNY and a turnover rate of 4.75%, resulting in a total market capitalization of 29.713 billion CNY [1] - The company, founded on October 8, 1990, and listed on June 25, 1991, is based in Shenzhen, Guangdong Province, and its main business areas include high-tech industries, biomedicine, and real estate investment [1] - The revenue composition of China Baoan is as follows: high-tech industry 79.55%, biomedicine 18.37%, other industries 1.41%, and real estate 0.67% [1] Group 2 - Among the top ten circulating shareholders of China Baoan, a fund under Southern Fund has increased its holdings in the Southern CSI 500 ETF (510500) by 370,700 shares in the second quarter, now holding 26.7789 million shares, which accounts for 1.05% of the circulating shares [2] - The estimated floating profit from this investment is approximately 14.7284 million CNY [2] - The Southern CSI 500 ETF was established on February 6, 2013, with a current scale of 113.438 billion CNY, yielding 26.05% this year, ranking 1815 out of 4222 in its category, and 59.82% over the past year, ranking 1502 out of 3800 [2]

今天打开A股行情软件的朋友，估计第一眼都被成交量惊着了——2.5万亿出头的成交额，比昨天多了800多亿，这钱到底在往哪跑？别急，帮主今天就带着 20年财经记者的观察，还有咱做中长线投资的思路，跟大伙掰扯掰扯今天的行情。 先看整体盘面，三大指数看着没大动静，沪指就微跌0.12%，深成指跌了0.43%，但创业板指跌了1.09%，北证50跌得稍多些，有2.11%。更直观的是个股， 全市场3300多只在跌，说白了就是指数看着稳，不少朋友手里的票可能没那么舒服。但这2.5万亿的放量，其实藏着资金的新动作，咱们重点看板块里的门 道。 今天涨得靠前的几个板块，值得咱们蹲蹲中长线的机会。先说有色金属，尤其是贵金属和铜这些，湖南白银、北方铜业、盛达资源这些都直接涨停了。可能 有人觉得这是短期炒作，但大伙想想，全球大宗商品的供需变化，还有当下的避险情绪，这些都不是一两天的事儿，是能影响板块中长期走势的核心逻辑， 不是单纯跟风涨。 还有存储芯片，午后突然就发力了，北京君正、香农芯创、江波龙这些票，涨幅都超10%。咱做中长线的都知道，半导体行业的库存周期、技术迭代，这两 年一直在慢慢调整，存储作为其中的关键环节，现在慢慢有资金关注， ...

智通财经APP讯，中国海外发展(00688)发布公告，仍未领取的2018年末期股息和2019年中期股息将于 2025年9月30日予以没收及拨归本公司所有。 ...

A股三大指数今日（12日）集体下跌，截至收盘，沪指微跌0.12%，深证成指跌0.43%，创业板指跌 1.09%，北证50跌2.11%。沪深京三市全天成交额25483亿元，较上日放量837亿元。全市场超3300只个 股下跌。板块题材上，有色金属、存储芯片、影视院线、房地产、钢铁板块涨幅居前；保险、白酒、银 行、证券、PEEK材料概念股跌幅居前。盘面上，贵金属、有色金属板块集体上涨，湖南白银、北方铜 业、盛达资源等多股涨停。存储芯片板块午后走高，北京君正、香农芯创、江波龙大涨超10%。房地产 板块表现活跃，荣盛发展、香江控股、华夏幸福多股封板涨停。此外，钢铁、创新药、影视院线等板块 盘中均有所异动。银行板块午后震荡走低，浦发银行跌超3%。白酒股冲高回落，酒鬼酒、舍得酒业、 水井坊均有所下跌。 （来源同花顺，以上信息为南都·湾财社AI大数据自动生成） ...

Market Overview - A-shares experienced slight adjustments with the Shanghai Composite Index closing down 0.12%, the Shenzhen Component down 0.43%, and the ChiNext down 1.09% [2] - A total of 1,926 stocks rose while 3,373 stocks fell, with 74 stocks hitting the daily limit up [3][4] - The total trading volume reached 25,483.12 billion, with a total of 2429 varieties traded [4] Sector Performance - The storage chip sector saw significant gains, with companies like Jingzhida and Demingli hitting the daily limit up. Micron announced a price increase of 20% to 30% for storage products [5] - The computing chip leader, Cambrian, briefly rose over 9%, surpassing 1,520 yuan, reclaiming the title of "stock king" from Kweichow Moutai [7] - The non-ferrous metals sector also performed well, with companies like Northern Copper and Shengda Resources hitting the daily limit up [7] Real Estate and Financial Sector - Real estate stocks saw a midday surge, with Rongsheng Development and Huaxia Happiness hitting the daily limit up [9] - Financial stocks, including banks and brokerages, generally declined, with Shanghai Pudong Development Bank dropping over 3% [11][12] Hong Kong Market - The Hong Kong market experienced a significant rise, with major indices increasing by over 1% [13] - Alibaba's stock rose over 5% due to reports of using self-developed chips for AI model training, and the launch of its next-generation model architecture [14] - Evergrande Property surged over 23% amid news of potential interest from bidders [14] - Yaojie Ankang-B's stock price skyrocketed over 120% following the announcement of clinical trial approval for its core product [14]