Market Overview - On September 25, the A-share market showed a mixed performance, with the Shanghai Composite Index closing at 3853.3 points, down 0.01%, while the Shenzhen Component Index rose 0.67% to 13445.9 points, and the ChiNext Index increased by 1.58% to 3235.76 points. The total trading volume for both markets reached 23710.9 billion yuan, an increase of 443.06 billion yuan compared to the previous trading day [1]. Capital Flow - The net outflow of main funds from the Shanghai and Shenzhen markets amounted to 236 billion yuan, with an opening net outflow of 119.01 billion yuan and a closing net outflow of 39.2 billion yuan [2]. - Over the last five trading days, the main funds have consistently shown a net outflow trend, with the highest outflow recorded on September 23 at 761.67 billion yuan [3]. - The ChiNext market experienced a significant net outflow of 89.27 billion yuan, while the CSI 300 index saw a net outflow of 6.27 billion yuan on the same day [4][5]. Sector Performance - The communication sector achieved a net inflow of 72.47 billion yuan, with a slight increase of 0.12%, while the media and computer sectors also saw positive inflows of 45.75 billion yuan and 41.81 billion yuan, respectively [6][7]. - Conversely, the machinery equipment sector faced the largest net outflow of 113.08 billion yuan, followed by the biopharmaceutical sector with an outflow of 62.37 billion yuan [7]. Institutional Activity - Notable institutional buying activity was observed in stocks such as Inspur Information, which saw a net institutional purchase of 130.35 million yuan, and Lixing Co., which had a net purchase of 113.02 million yuan [11]. - The latest institutional focus includes stocks like Aohua Endoscopy, rated as a "Buy" by CITIC Securities, with a target price indicating a potential upside of 16.86% from its latest closing price [12].

证券研究报告|行业动态报告 [Table_Date] 2025 年 09 月 25 日 [Table_Title] 化工 Q3 前瞻：看好顺周期、新材料、新技术方向 [Table_Title2] 基础化工行业 [Table_Summary] 摘要: 化工反弹回升趋势明显，行业基本面风险基本出清，低估值龙头 白马与高成长新兴行业同时迎来布局机会。从化工品价格指数趋 势来看，2021 年下半年开始见顶回落，经过超三年的趋势性下 跌，基本处于历史低位，向下空间有限。2025 年上半年基础化工 行业资本开支为负，在建工程同比下降 15%，供给端压力放缓。 受益于财政货币政策、"两新"政策及"反内卷"政策的稳步推 进，我们认为需求端增幅有望扩大，行业供需格局有望逐步优 化，化工行业盈利空间持续打开。 投资建议： 推荐关注以下方向： 评级及分析师信息 [Table_IndustryRank] 行业评级：推荐 [Table_Pic] 行业走势图 0% 9% 18% 27% 36% 45% 2024/09 2024/12 2025/03 2025/06 2025/09 基础化工 沪深300 1）顺周期、反内卷品种：财政政策及 ...

Group 1: Strong Stocks - As of September 25, the Shanghai Composite Index fell by 0.01% to 3853.3 points, while the Shenzhen Component Index rose by 0.67% to 13445.9 points, and the ChiNext Index increased by 1.58% to 3235.76 points [1] - A total of 52 stocks in the A-share market hit the daily limit up, with the top three strong stocks being: Bluefeng Biochemical (002513), Zhongdian Xindong (002298), and Shangwei New Materials (688585) [1] - The detailed data for the top 10 strong stocks includes metrics such as consecutive limit up days, turnover rates, trading volumes, and net buying amounts from the Dragon and Tiger list [1] Group 2: Strong Concept Sectors - The top three concept sectors with the highest gains are: China AI 50, Controlled Nuclear Fusion, and Kuaishou Concept, with respective increases of 2.36%, 1.39%, and 1.36% [2] - The detailed data for the top 10 concept sectors includes metrics such as percentage change, proportion of constituent stocks, and the ratios of rising and falling constituent stocks [2]

Group 1 - A total of 737 stocks reported their latest shareholder numbers as of September 20, with 407 stocks showing a decrease compared to the previous period [1][4] - The stocks with the largest decline in shareholder numbers include Kaichuang Electric, Xizhuang Co., and Dielian Technology, with declines of 27.34%, 24.94%, and 23.68% respectively [4][3] - The average decline in shareholder numbers for the latest period was over 10% for 36 stocks [4] Group 2 - Among the concentrated stocks, 31% outperformed the Shanghai Composite Index, with an average decline of 1.83% since September 1, compared to a 0.12% decline in the index [2] - The stocks with the highest gains since September 1 include Xingxin New Materials, which rose by 17.56%, followed by Shanghai Xinyang and Jingce Electronics [3][4] Group 3 - The concentrated stocks are primarily from the machinery, basic chemicals, and pharmaceutical industries, with 50, 49, and 41 stocks respectively [4] - The stock with the highest turnover rate during the concentrated period was Xizhuang Co., with a turnover rate of 249.97% [4]

Market Overview - The Shanghai Composite Index fell by 0.01% on September 25, with seven industries experiencing gains, led by Media and Communication, which rose by 2.23% and 1.99% respectively. The Computer industry also saw an increase of 1.55% [1] - The total net outflow of capital from the two markets was 28.778 billion yuan, with five industries recording net inflows. The Electric Equipment industry had the highest net inflow of 3.916 billion yuan, followed by the Computer industry with a net inflow of 2.545 billion yuan [1] Computer Industry Performance - The Computer industry experienced a rise of 1.55%, with a total net inflow of 2.545 billion yuan. Out of 335 stocks in this sector, 183 stocks increased in value, and four stocks hit the daily limit [2] - The top three stocks with the highest net inflow in the Computer industry were Inspur Information (19.48 billion yuan), Yonyou Network (1.011 billion yuan), and Nasda (382 million yuan) [2] Capital Inflow and Outflow - The top stocks in terms of capital inflow included: - Inspur Information: +9.99%, turnover rate 9.55%, net inflow 1.948 billion yuan - Yonyou Network: +6.61%, turnover rate 7.83%, net inflow 1.011 billion yuan - Nasda: +10.02%, turnover rate 4.39%, net inflow 382 million yuan [2] - The top stocks with the highest capital outflow included: - Yinzhijie: -2.34%, turnover rate 6.44%, net outflow 320 million yuan - Guiding Compass: -1.26%, turnover rate 5.57%, net outflow 305 million yuan - Donghua Software: -3.24%, turnover rate 8.88%, net outflow 217 million yuan [3]

Market Overview - The Shanghai Composite Index fell by 0.01% on September 25, with 7 out of the 28 sectors rising, led by Media and Communication sectors, which increased by 2.23% and 1.99% respectively [1] - The Textile and Apparel sector and the Comprehensive sector experienced the largest declines, down by 1.45% and 1.30% respectively [1] Basic Chemical Industry - The Basic Chemical industry declined by 0.43%, with a net outflow of 2.441 billion yuan in capital [1] - Out of 402 stocks in this sector, 82 stocks rose, with 4 hitting the daily limit, while 315 stocks fell [1] - A total of 138 stocks in the Basic Chemical industry saw net capital inflows, with 7 stocks receiving over 30 million yuan in net inflows [1] - The top three stocks with the highest net inflows were: - Kaimete Gas (净流入资金1.54亿元) - Wanhua Chemical (净流入资金1.29亿元) - Xinjin Road (净流入资金6287.20万元) [1] Capital Outflow in Basic Chemical Industry - The following stocks experienced significant capital outflows: - Jinfat Technology (净流出资金3.49亿元) - Beihua Co. (净流出资金1.37亿元) - Hongda Co. (净流出资金1.35亿元) [2] - The overall trend indicates a challenging environment for the Basic Chemical sector, with notable outflows from key players [2]

不含当日上市新股，今日可交易A股中，上涨个股有1474只，占比27.18%，下跌个股有3877只，平盘个 股72只。其中，收盘股价涨停的有52只，跌停股有9只。 截至收盘，上证指数报收3853.30点，下跌0.01%；深证成指收于13445.90点，上涨0.67%；创业板指上 涨1.58%；科创50指数上涨1.24%。 证券时报·数据宝统计显示，涨停个股中，主板有48只，创业板2只，科创板2只。以所属行业来看，上 榜个股居前的行业有电力设备、机械设备、建筑装饰行业，上榜个股分别有8只、5只、5只。 涨停股中，*ST亚太、ST华通等11只股为ST股。连续涨停天数看，华软科技已连收5个涨停板，连续涨 停板数量最多。从收盘涨停板封单量来看，上海电气最受资金追捧，收盘涨停板封单有4551.85万股， 其次是华软科技、中超控股等，涨停板封单分别有3557.11万股、3281.53万股。以封单金额计算，浪潮 信息、上海电气、华软科技等涨停板封单资金较多，分别有7.73亿元、4.44亿元、3.47亿元。（数据 宝） 两市涨停股一览 | 代码 | 简称 | 收盘价 | 换手率 | 涨停板封单（万 | 封单资金（万 | 行业 ...

证券时报·数据宝统计显示，联合化学所属的基础化工行业，目前整体涨幅为0.55%，行业内，目前股价 上涨的有231只，涨停的有上纬新材、华软科技等3只。股价下跌的有178只，跌幅居前的有瑞丰新材、 阳谷华泰、博苑股份等，跌幅分别为4.37%、2.69%、2.52%。 两融数据显示，该股最新（9月24日）两融余额为4.74亿元，其中，融资余额为4.74亿元，近10日减少 979.84万元，环比下降2.02%。 公司9月22日在交易所互动平台披露，截至最新（9月20日）股东户数为5863户，较上期（9月10日）减 少303户，环比下降4.91%。 公司发布的半年报数据显示，上半年公司共实现营业收入2.69亿元，同比增长4.15%，实现净利润 3375.70万元，同比增长21.62%，基本每股收益为0.3014元，加权平均净资产收益率4.52%。（数据宝） 联合化学股价创出历史新高，截至9:42，该股上涨7.65%，股价报112.39元，成交量223.52万股，成交金 额2.48亿元，换手率2.34%，该股最新A股总市值达125.88亿元，该股A股流通市值107.54亿元。 注：本文系新闻报道，不构成投资建议，股市有 ...

301只创业板股公布截至9月20日最新股东户数，环比上期，股东户数下降的有171只，降幅超过一成的 有19只。 市场表现方面，最新一期筹码集中股9月11日以来平均下跌1.43%，涨幅居前的有杭州高新、英华特、 电连技术等，分别上涨32.22%、18.78%、17.89%。所属行业来看，筹码集中股中机械设备、基础化 工、计算机等行业最为集中，分别有27只、23只、19只个股上榜。 资金面上，部分筹码集中股获杠杆资金青睐，截至9月24日，杠杆资金加仓的有39只，筹码集中以来融 资余额增幅居前的有采纳股份、宁波色母、德固特等，分别增长63.72%、57.54%、42.33%。（数据 宝） 证券时报·数据宝统计显示，301只创业板股公布了9月20日股东户数，与上期（9月10日）比，股东户数 下降的有171只，其中股东户数降幅超一成的有19只。股东户数环比增长的有89只。 股东户数降幅最多的是开创电气，截至9月20日最新股东户数为6101户，较9月10日下降27.34%，筹码 集中以来该股累计下跌9.12%，累计换手率为83.40%，其间主力资金净流出1.16亿元。 其次是电连技术，截至9月20日最新股东户数为2262 ...

上纬新材股价创出历史新高，截至9:30，该股上涨6.29%，股价报117.00元，成交量80.74万股，成交金 额9370.86万元，换手率0.20%，该股最新A股总市值达471.93亿元，该股A股流通市值471.93亿元。 证券时报·数据宝统计显示，上纬新材所属的基础化工行业，目前整体跌幅为0.05%，行业内，目前股价 上涨的有97只，涨幅居前的有华软科技、上纬新材、康普化学等，涨幅分别为10.03%、6.29%、 5.69%。股价下跌的有310只，跌幅居前的有金浦钛业、横河精密、浙江众成等，跌幅分别为4.93%、 4.83%、3.82%。 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （文章来源：证券时报网） 两融数据显示，该股最新（9月24日）两融余额为8.10亿元，其中，融资余额为8.10亿元，近10日增加 1.46亿元，环比增长22.04%。 公司发布的半年报数据显示，上半年公司共实现营业收入7.84亿元，同比增长12.50%，实现净利润 2990.04万元，同比下降32.91%，基本每股收益为0.0700元，加权平均净资产收益率2.27%。（数据宝） ...