2. 中东局势升级与美联储政策博弈，黄金避险属性凸显 受伊朗核问题谈判突破与以色列潜在军事冒险的双重影响，国际金价突破3300美元/盎司，紫金矿业、 莱绅通灵等黄金股涨幅居前。与此同时，美联储5月会议维持利率不变，但声明强调"经济不确定性进一 步增加"，叠加特朗普关税政策预期升温，北向资金早盘净流入36亿元，重点加仓宁德时代、立讯精密 等核心资产，显示外资在避险与布局之间的平衡。 3. 华为昇腾生态催化，固态电池技术突破引发行情 鲲鹏昇腾开发者大会将于5月23-24日召开，昇腾超节点架构、推理加速等技术突破预期推动算力板块异 动，华为昇腾产业链相关标的（如拓维信息、神州数码）获资金关注。此外，固态电池领域传来捷报， 国轩高科、宁德时代等龙头股涨停，技术突破（如深圳欣界能源锂金属电池能量密度达480Wh/kg）与 政策支持（新能源车购置税减免延续）形成共振。 最近行情震荡上行，在我圈子里的朋友都是跟着我稳健获利的节奏，像前段时间的教学的尤夫股份收获 80个点，以及久祺股份中间做T获利70%，近期通过几天的复磐我又精选出了一只潜力股。 一、午盘核心新闻解析：三大主线驱动市场分化 1. 科技金融政策发布会倒计时，资 ...

固态电池概念股震荡走低，宁新新材、灵鸽科技、宏工科技跌超10%，力王股份、领湃科技、万向钱潮等跌幅居前。 银行、游戏、军工电子板块走强。全市场超4400只个股下跌。 5月22日，A股主要指数全天低位震荡，截至收盘，沪指跌0.22%，深证成指跌0.72%，创业板指跌0.96%，北证50跌超 6%。 | 代码 | | 力 冬 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 000001 | 上证指数 | | 3380.19c | -7.39 | -0.22% | | 399001 | 深证成指 | | 10219.62 c | -74.60 | -0.72% | | 399006 | 创业板指 | | 2045.57 c | -19.82 | -0.96% | | 899050 | 北证50 | | 1388.83 c | -90.98 | -6.15% | | | 計劃加發 | | | | | | | | 两市近5日成交额 | | (单位:亿元) | | | | | 11697 | 11735 | | | | | 10895 | 10865 | ...

2025.5.22 市场逻辑精选 逻辑红宝书 2025-05-22 特别提示：下文涉及的题材或公司，内容罗列和篇幅长短，与后续涨跌无关，亦均非进行 推荐，仅作研究辅助。投资者应自主决策，注意风险。 一、市场热点 固态电池：产业进展加速 ◇驱动：1）中国电子材料行业协会电池材料分会和中国电池工业网将于 2025 年 5 月 22-23 日在长沙举办"第二届固态电池技术交流大会暨硫化锂技术与产业 化应用研讨会"。 2）2025 年 5 月 20 日，宝马首批全固态电动汽车已正式上路进行测试；5 月 16 日，国轩高科发布全新高安全固态电池，能量密度为 300Wh/kg ◇出货量高增：据《中国固态电池行业发展白皮书（2025 年）》，2024 年全球 固态电池出货量达到 5.3GWh，同比大幅增长 4.3 倍，全部为半固态电池，预计 到 2030 年全球固态电池出货量将达到 614.1GWh（市场规模超 2000 亿元）， 其中全固态的比例将接近 30%。 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shuinu9870 更多一手海外资讯和海外投行报告加V：shui ...

Core Viewpoint - The market is experiencing significant volatility, with the North Stock Exchange 50 index dropping by 4.38%, indicating a broader market weakness despite some sectors showing resilience [1][3]. Market Analysis - The unexpected drop in the North Stock Exchange 50 index is attributed to a recent influx of capital into small-cap stocks, leading to a liquidity crunch as funds begin to flow back to larger boards [3]. - The overall market volume has decreased to 745.7 billion, reflecting a cautious sentiment among investors, with many funds possibly being diverted to other markets or defensive sectors [3]. Sector Performance - **Military Industry**: The military sector has shown strong performance, with stocks like Guoketecheng and Sichuang Electronics hitting the daily limit. This is driven by increased defense demand due to international tensions and a consistent rise in defense budgets [3]. - **Banking Sector**: Bank stocks have rebounded, led by Qingdao Bank and Chongqing Rural Commercial Bank. This is linked to recent regulatory changes favoring investor returns and improving asset quality expectations amid a weak economic recovery [4]. - **Innovative Pharmaceuticals**: The innovative drug sector remains active, with Sanofi's stock rising for four consecutive days, supported by favorable policies for medical innovation and positive clinical developments from certain companies [4]. Underperforming Sectors - **Solid-State Battery Concept**: This sector has seen significant declines, with stocks like Ningxin New Materials and Changhong Energy dropping over 5%. The uncertainty surrounding the commercialization of solid-state batteries has led to profit-taking [5]. - **Pet Economy**: The pet economy sector has also faced sharp declines, with stocks like Kexin Co. and Jieya Co. falling over 5%. Issues within the industry, such as direct consumer engagement through live streaming, have compressed profit margins and led to price wars [5]. Investment Recommendations - Investors are advised to remain calm and avoid panic selling, as the current market may present buying opportunities, particularly in resilient sectors like military and banking [6]. - Monitoring capital flows is crucial; a rebound in trading volume above 1 trillion could indicate new capital entering the market, suggesting potential stabilization [6]. - Caution is advised against chasing high-flying sectors like solid-state batteries and the pet economy until clear signs of stabilization emerge [6].

消息面上，一是海外冲突或加剧，引发不确定性因素增加。二是美元近期持续走弱，截至记者发稿，美 元指数日内跌超0.3%，助推金价走势。 商报讯(记者苗露)昨日A股风格出现明显变化，权重股走强，中小盘股多数下跌。截至下午收盘，三大 指数集体收涨，上证指数上涨0.21%，深证成指上涨0.44%，创业板指上涨0.83%。沪深两市全天成交额 1.17万亿元，较上个交易日放量37.8亿元。 板块方面，固态电池概念强势，领湃科技（300530）、海辰药业（300584）、宏工科技（301662） 20cm涨停，滨海能源（000695）、圣阳股份（002580）等盘中涨停；黄金概念走强，莱绅通灵 （603900）、西部黄金（601069）双双涨停；煤炭开采加工板块活跃，大有能源（600403）涨停。总体 来看，个股跌多涨少，下跌个股超3500只。 黄金、煤炭等资源板块持续走强 5月21日，亚洲早盘交易时段，国际金价强势拉升，现货黄金盘中突破3300美元/盎司大关，为5月9日以 来首次，日内涨幅超过0.7%。地缘政治风险升温成为重要催化剂，据媒体报道，美国情报机构监测到 以色列可能对伊朗核设施采取行动，市场避险情绪显著提升，给金 ...

Market Overview - A-shares maintained an upward trend with the Shanghai Composite Index closing at 3387.57 points, up 0.21%, and the Shenzhen Component Index at 10294.22 points, up 0.44% [1] - The ChiNext Index closed at 2065.39 points, up 0.83%, with trading volume exceeding 1 trillion yuan for the 20th consecutive day [1] Sector Performance - Solid-state battery stocks surged, with leading companies like Lipa Technology, Guoxuan High-Tech, and Jinlongyu hitting the daily limit [1] - Innovative drug concepts remained active, with Shutaishen reaching a 20% limit up [1] - Precious metals, coal, and electric grid sectors showed significant gains, while high-profile stocks experienced divergence with some hitting the daily limit down [1] Gold Sector - Gold concept stocks performed strongly, with Xiaocheng Technology rising over 10% and several others hitting the daily limit [2] - International gold prices rebounded, with COMEX and London spot gold both surpassing $3300 per ounce [2] - China's gold imports reached 127.5 tons in April, a new 11-month high, with a month-on-month increase of 73% [2] - East Asia Securities noted that the financial attributes of gold are strengthening, and the demand-supply dynamics are expected to support prices [2] Power Sector - Coal and power stocks were active, with Dayou Energy hitting the daily limit and several others rising over 5% [3] - The National Energy Administration reported that total electricity consumption in April was 772.1 billion kWh, a year-on-year increase of 4.7% [5] - Benefiting from falling coal prices, thermal power performance is expected to improve, especially in the peak electricity consumption season [5] - Current valuations in the power sector are seen as attractive, with significant potential for growth [5] Market Outlook - Structural market trends are expected to continue, with increased opportunities for individual stocks [6] - The market is experiencing a clear differentiation in style, with small-cap stocks gaining favor as risk appetite improves [6] - Analysts suggest that Chinese assets and stock markets present a compelling investment opportunity due to their valuation and risk premium [6]

先说个热点，黄金又涨了。 黄金上涨COMEX黄金昨夜盘中爆拉，截止收盘涨1.83%，收复3300点，收盘3301.4点。 今天A股，港股黄金板块涨幅居前，港股黄金板块涨了快5个点，A股黄金概念板块涨2个多点。 黄金为什么突然又行了？ 主要有两个方面的原因： 一方面，以色列要打伊朗， 黄金作为避险资产有刺激 昨天，美国有线电视新闻网称，有情报显示 以色列正准备袭击伊朗核设施 ，中东局势骤然升温。 要知道，美国正在和伊朗谈核问题。 结果以色列却要袭击伊朗的核设施，目的大概率要破坏这次谈判。目前美国官员发起警告，以方若发起袭击，将是对川普政府的公然背叛。 那么，一旦以色列发起袭击， 甚至会引发全面的中东战争。 这个事儿就是短期有一定刺激。 另一方面，美元信用随着川普税改进一步削弱 1、川普税改 川普表示要推进新一轮税改法案，主要就是减税。 如果税改法案通过，美国政府收的税少了，就会导致 来年的赤字扩大幅度高于市场预期。 估算，该法案将在未来十年使美国国债增加3.3万亿美元。 简单来说，钱不够，那就只能借钱去花，进一步透支美元信用。 那么，美元走弱，黄金的支撑就比较强。 2、关税让美国经济走弱 高盛认为，减税法案的影 ...

Group 1 - The market experienced fluctuations with only 1,615 stocks rising and over 3,600 declining, indicating poor profitability despite a slight increase in trading volume to 3.2 billion [1] - The solid-state battery sector was the strongest performer, driven by significant gains in stocks, with increases of 10% and 20%, as the industry moves closer to mass production [1] - The gold sector is expected to rise further due to the ongoing trend of dollar depreciation, with predictions of new highs in gold prices, although the timeline for this increase may be extended [1] Group 2 - The humanoid robot sector faced a sharp decline due to concerns over potential sanctions from the U.S., but there is still resilience in the growth of the industry, with opportunities for bottom-fishing in the afternoon [1] - The technology sector showed weakness primarily due to U.S. chip export restrictions, but there is a strong belief that China will continue to push for technological advancements to avoid stagnation [2] - The consumer sector, which had shown strength previously, has now cooled off, indicating a lack of growth and sustainability in this area [2]

Market Overview - Bridgewater founder Dalio warns against inappropriate interest rate cuts by the Federal Reserve, indicating a challenging situation for the Fed [1] - The U.S. stock market shows signs of stagnation, while Hong Kong stocks continue to rise, with the Hang Seng Index closing up 0.62% [1] - China-ASEAN Free Trade Area 3.0 negotiations have been completed, enhancing economic integration and reducing reliance on the U.S. [1] Company Developments - Alibaba Pictures plans to change its name to "Damai Entertainment Holdings Limited," aiming to enhance brand recognition and support diversification [2] - Zhongjiu Mobile has launched 6 new games this year and plans to release a total of 18, with a new game set to launch on May 27 [3] - Bilibili reported a 24% year-on-year revenue increase in Q1, with a 76% surge in gaming revenue, and a net profit of 362 million yuan [3] - BYD's stock has risen over 4%, achieving a historical high, with significant overseas sales in Europe and Brazil [4] - Meitu Company plans to issue $250 million in convertible bonds to Alibaba, aiming to create synergies in e-commerce and AI [7] Industry Insights - Wolfspeed, a leading silicon carbide semiconductor manufacturer, is preparing to file for bankruptcy due to massive debt issues, which may create opportunities for Chinese companies in the silicon carbide market [8] - The Chinese gold market is showing strength, with April imports reaching 127.5 tons, a 73% increase month-on-month, indicating a growing influence on the international gold market [4][5] - The solid-state battery sector is advancing, with BMW and other companies testing new technologies, and significant investments in battery production are expected [6] Sector Focus - Weichai Power's natural gas heavy truck penetration rate is expected to rise, with significant sales in high-end diesel generators driven by data center demand [10] - The company is developing a new energy industrial park focused on battery and core component manufacturing, with the first battery product launched in March 2025 [11]

（原标题：揭秘涨停 | 这只股封单资金超9亿元） 慧博云通(301316)日前发布公告，拟购买宝德计算67.91%股份，复牌后连续两个交易日一字涨停。另 外，慧博云通具有智慧医疗概念，公司此前在投资者调研活动中表示，公司为医疗行业的客户提供开 发、测试和运维等方面的信息技术服务，此外，公司可为医疗行业客户提供AI智能对话助手，通过对 客户业务场景相关的专业词汇进行定制化训练，可提高智能对话场景中的应用词汇量，节省人力成本的 同时提高消费者的用户体验。 龙头点睛： 固态电池概念多股涨停 1. 固态电池 我国科学家成功揭示固态电池短路机制。 今日（5月21日）A股市场收盘共84股涨停，剔除掉29只ST板块个股后55股涨停，24股封板未遂，整体 封板率为77.78%。 涨停战场： 慧博云通封单资金超9亿元 从收盘涨停板封单量来看，天汽模封单量最高，有75.9万手；其次是综艺股份、ST岭南、棕榈股份，涨 停板封单分别61.68万手、33.14万手、28.26万手。 连续涨停天数来看，*ST绿康6连板，*ST锦港、丽人丽妆、郑中设计、*ST恒久5连板，天汽模4连板， 棕榈股份、浪莎股份、滨海能源等3连板，慧博云通、一心 ...