Market Overview - The A-share market experienced mixed performance with the Shanghai Composite Index recording a "9 consecutive days of gains" as of December 29, 2023, marking a slight increase of 0.04% [1] - The Shenzhen Component Index and the ChiNext Index fell by 0.49% and 0.66% respectively, while the North Star 50 Index decreased by 0.45% [1] - Total trading volume in the Shanghai and Shenzhen markets was 21,577 billion yuan, a decrease of 234 billion yuan from the previous day [1] Multi-Financial Sector - The multi-financial sector showed active performance, with stocks like Lakala leading the gains, and companies such as Cuiwei Co., Luxin Venture Capital, and Yuexiu Capital reaching around 10% limit up [3] - On December 26, the Shanghai Stock Exchange announced new guidelines to support high-quality commercial rocket enterprises under the Sci-Tech Innovation Board, which is expected to accelerate the development of the commercial aerospace industry [3] - The rapid growth of the commercial aerospace sector is projected to create significant market opportunities for carbon fiber composite materials, which can account for 70%-90% of the structural weight in spacecraft [3] Carbon Fiber Industry - Shanxi Securities noted that leading companies in the carbon fiber industry are announcing price increases, indicating a recovery in industry conditions [4] - The market for carbon fiber is showing clear differentiation, with general products facing strong competition, while high-end applications in aerospace, hydrogen storage, and wind power require consistent performance and reliable supply [4] - According to Baichuan Yingfu, China's actual consumption of carbon fiber is expected to reach 96,446 tons in 2025, a year-on-year increase of 71.89%, primarily driven by the wind power and aerospace sectors [4] Brain-Computer Interface Sector - The brain-computer interface sector saw significant gains, with Haige Communication reaching around 10% limit up, followed by companies like Meihao Medical and Mcland [5] - On December 26, the National Medical Products Administration released a list of high-end medical devices for priority approval, which includes implantable brain-computer interface devices [5] - The global brain-computer interface market is currently valued at several billion dollars and is expected to exceed 10 billion dollars by 2030, with the medical application market projected to reach 40 billion dollars by 2030 and 145 billion dollars by 2040 according to McKinsey [5][6]

2025 年 12 月 30 日 每日晨报 | 主要市场股指表现 | | --- | 金元晨报 国际股市概况 国际新闻 国内新闻 重要公司情况 研报推荐 每 日 晨 相关报告： 人民币汇率破 7.0，债券市场持续反弹 ——2025.12.28 贾晓庆 低空经济行业周报（第五十二周） ——2025.12.28 李景星 从"大模型训练"向"实时推理优先" 转折 ——2025.12.28 唐仁杰 行业月报—12 月市场数据及重点事件 分析 ——2025.12.28 周强 工作邮箱：zqyjsw@jyzq.cn 请务必仔细阅读本报告最后部分的免责声明 曙光在前 金元在先 ⚫ 欧洲市场：德国DAX指数涨0.05%，报24351.12点；法国CAC40指 数涨0.1%，报8112.02点；英国富时100指数跌0.04%，报9866.53点 ⚫ 美股市场：道琼斯指数跌0.51%，报48461.93点；标普500指数跌0.3 5%，报6905.74点；纳指跌0.5%，报23474.35点 ⚫ 亚太市场：恒生指数跌0.71%，报25635.23点；恒生科技指数跌0.3%， 报5483.01点；日经225指数跌0.44%，报50 ...

Market Overview - The three major indices showed mixed performance at midday, with the Shanghai Composite Index up by 0.31%, the Shenzhen Component Index up by 0.03%, and the ChiNext Index down by 0.32% [1] - Over 3,400 stocks declined across the two markets, with a total trading volume of 1.4 trillion yuan [1] Sector Performance - The pharmaceutical commercial sector opened low and continued to decline, down by 2.54% at midday, with notable drops including Shuyou Pingmin down by 17.07% and several other stocks like Renmin Tongtai and Dajia Weikang down over 5% [3] - The consumer sector also faced setbacks, particularly in retail and dairy, with Baida Group hitting the daily limit down and Huangshi Group experiencing significant declines [3] - The carbon fiber sector showed strong performance, rising by 3.62% at midday, with stocks like Heshun Technology and Jilin Carbon Valley hitting the daily limit up [3] - The commercial aerospace concept continued its strong trend, with Shenjian Co. achieving an 8-day consecutive limit up, and over 10 stocks including Goldwind Technology and Leike Defense also hitting the daily limit up [3] - The robotics sector remained active, with Fenglong Co. achieving a 4-day consecutive limit up, and other stocks like Wuzhou Xinchun and Mould Technology also hitting the daily limit up [3] - The precious metals sector continued to strengthen, with both silver and Hunan Silver hitting the daily limit up [3] News Impact - Guangdong's average transaction price for 2026 is set at 372.14 cents per kilowatt-hour, a year-on-year decrease of 19.72 cents per kilowatt-hour, approaching the lower limit of the benchmark price [3] - Early trading saw net inflows into precious metals, diversified finance, and oil and petrochemicals, while there were net outflows from the electric new industry, telecommunications, and computing sectors [3] - Jiantao's laminated board issued a price increase notice, citing soaring copper prices and tight supply of glass cloth, leading to a 10% price increase across all materials effective immediately [3]

本公司于近日接到控股股东中石化股份的通知，其拟以非公开协议方式参与碳纤维公司本次增资扩股， 该事项已取得有权国资主管单位中国石油化工集团有限公司（以下简称"中石化集团"）的批复同意。在 本次增资扩股中，中石化股份拟按与公开挂牌遴选的其他战略投资者同等的认购价格，以非公开协议形 式对碳纤维公司进行增资，认购新增注册资本不超过30,000万元，占增资完成后的持股比例不超过 25%；剩余拟增加的注册资本不超过30,000万元同步通过公开挂牌遴选方式由其他战略投资者认购。本 次增资扩股募集资金总额超出新增注册资本的部分计入资本公积，归新老股东共同享有。碳纤维公司有 权对战略投资者的投资金额及持股比例进行调整，并以最终各方签署的《增资协议》为准。本次增资扩 股完成后，本公司持有碳纤维公司不低于50%的股权，仍为碳纤维公司的控股股东，将不会导致本公司 合并报表范围变更。 鉴于中石化股份为本公司控股股东，根据上海上市规则与香港上市规则，中石化股份参与本次增资扩股 构成本公司的关联交易。 格隆汇12月29日丨上海石化(600688.SH)公布，碳纤维公司为本公司的全资子公司，注册资本为60,000万 元，主要从事碳纤维生产销 ...

2025.12. 29 个股普跌,盘面上,碳纤维概念股表现强势,商 业航天、人形机器人题材反复活跃。锂电池产 业链下挫,零售股大幅回调,海南自贸区、 SPD、跨境电商、贵金属题材跌幅靠前。 两市成交额 -万亿元 ▼0.97% 两市成交额缩量,资金观望情绪升温,早盘放 量、午后持续萎缩,尾盘后加速回落,增量资金 入场意愿不强,投资者多以观望为主,市场主 要由存量资金博弈驱动。 A股三大指数分化加剧, 沪指实现九连阳, 创2025年最长连阳记录, 盘中最高触及3983.98 点, 距4000点整数关口仅一步之遥, KDJ指标连续4天处于超买区域, RSl逼近80警戒线, 技 术回调压力累积。 1993家上涨 涨跌停比 90-26 资金情绪 主力资金净流出 散户资金净流入 机构防御中布局,瞄准"春季躁动",资金倾向于布局低估值、高股息板块,将其作为防御底仓和指数稳定 器, 同时, 对于商业航天、人形机器人等具有明确产业趋势和政策支持的成长主线, 进行中长期布局; 散户 更趋谨慎, 观望为主, 短线资金聚焦商业航天、碳纤维等涨停板块, 参与度高但快进快出,中线资金减仓成 长,增配金融、医药等防御性板块,规避高位风险。 ...

Market Overview - The market has experienced a nine-day consecutive rise, starting from 3815, but the latest candlestick indicates a weakening momentum, forming a doji with a long upper shadow, suggesting increased selling pressure and potential profit-taking [1] - The current question is whether this upward trend has ended and if the market will enter a correction phase or continue to rise after some fluctuations [1] Technical Analysis - A strong adjustment would be characterized by a shallow decline, allowing the market to continue rising and potentially reach new highs. The critical resistance level is identified at 3936, where a consolidation above this level could lead to further upward movement towards 4000 [2] - If the market breaks below 3936, a stronger correction is expected, leading to a decline below the 5-day moving average and a longer consolidation period. However, the overall trend remains upward as a short-term upward trend has already formed [3] Sector Performance - The market is currently in a broad upward consolidation phase, with sector performance being more critical than the overall index. Notable active sectors include carbon fiber, robotics, and commercial aerospace, which have shown strong performance [4] - The robotics sector, particularly humanoid robots, has surpassed previous highs and is expected to continue upward, although caution is advised regarding potential pullbacks for better entry points [4] - The market has seen volatility due to futures trading, impacting individual stocks, particularly in the lithium battery and resource sectors, which experienced significant declines [4]

1、行情 指数全天小幅震荡，个股出现一定回落。 题材方面，航天板块持续走强，神剑股份8连板，大业股份、中国卫星4连板，中超控股、苏州高新、航天发展2连板，中衡设计、金风科技、海 格通信、宏英智能、雷科防务、魅视科技、航天环宇（20CM）、派克新材、九丰能源先后涨停； 碳纤维概念集体发力，神剑股份8连板，吉林化纤、和顺科技（20CM）涨停，吉林碳谷涨超20%，光威复材涨超10%，中复神鹰、南京聚隆、道 生天合、精工科技、国恩股份等集体大涨； 数字人民币板块上午冲高回落，但午后再度发力大涨，御银股份回封，翠微股份直线拉板，恒宝股份一度摸板，拉卡拉涨超12%，四方精创、华 峰超纤、东港股份、楚天龙等集体走强； 机器人概念午后发力，锋龙股份4连板，天奇股份3连板，五洲新春、步科股份（20CM）、瑞松科技（20CM）、上纬新材（20CM）等纷纷涨 停，昊志机电、力星股份、龙洲股份等大涨； 此外，PEEK材料、华为概念、脑科学等均有局部强势表现，锂电池重挫，乳业、有色、医药、水产等跌幅居前。 截至收盘，沪指收涨0.04%，深成指、创业板指分别收跌0.49%、0.66%，市场超3300股下跌，近2000股上涨。 2、数字人 ...

每期比赛的税前现金奖励为：第1名奖励688元，第2~4名奖励188元/人，第5~10名奖励88元/人，其余正收益选手均分500元正收益奖。月度积分王的税前 现金奖励为：第1名奖励888元，第2~4名奖励288元/人，第5~10名奖励188元/人，第11~30名奖励68元/人，第31~100名奖励18元/人。 为方便选手了解有价值的信息，与高手交流市场热点和投资技巧。报名掘金大赛后，就能申请加入掘金大赛交流群，加群方法是：点击微信主页右上 角"+"号，选择"添加朋友"，然后点击"企业微信联系人"，输入手机号13882019385，添加企业微信火山君。 对于大盘方面，有参赛高手认为，目前上证指数在消化3970点附近的压力，如果后市突破该压力位，那么将挑战前期高点4034点。 每经编辑｜吴永久 12月29日，上证指数大幅震荡，在上午行情表现较好，在下午，行情分化加大。商业航天概念股表现最好，市场炒作受益于商业航天的细分板块，如碳 纤维板块涨幅居前。 由每日经济新闻App举办的掘金大赛第80期比赛于12月15日开始比赛，多位选手跑步入场，抓住了行情。报名时间为12月13日至12月31日，比赛时间为12 月15日至12 ...

今日 A 股市场在震荡中延续结构性热度，三大指数呈现分化态势。沪指微涨 0.04%，实现罕见 "九连阳"；深成指与创业板指则分别下跌 0.49% 和 0.66%。 全市场成交额 21577 亿元，虽较前一日小幅缩量，但局部赚钱效应显著。沪深京三市超过 3300 只个股下跌，整体情绪分化，资金继续向强势题材集中。 在整体震荡的格局下，一批 "暴动股" 逆势脱颖而出。今日共有 164 只个股涨幅超过 6%（非 ST），数量较前几日保持活跃。其中，涨停股 72 只，涨幅大于 6% 的非涨停股 92 只，共同构成今日市场最活跃的阵营。 一、市场整体概述：指数稳、结构热、题材频出 今日市场呈现 "指数稳、个股跌、热点爆" 的典型特征。沪指凭借权重股支撑录得九连阳，但个股跌多涨少，说明资金从普涨转向聚焦。板块层面，商业航 天、碳纤维、脑机接口、人形机器人、多元金融、光伏设备等题材轮番表现，形成多条强势主线。而能源金属、食品饮料、医药商业等板块则表现疲软，市 场分化加剧。 成交额的微幅萎缩与热点集中并存，显示在年末阶段，部分资金选择落袋为安，但活跃资金仍在积极寻找和打造新的 "股市叙事"，围绕政策、产业趋势与 事件催化进行 ...

12月29日A股三大指数涨跌不一，沪指微涨走出九连阳，创业板指一度跌超1%。截至收盘，沪指涨 0.04%，深成指跌0.49%，创业板指跌0.66%。 盘面上，全市场超3300只个股下跌。从板块来看，机器人概念午后反复活跃，步科股份20cm涨停创历 史新高，五洲新春、等多股涨停。商业航天概念延续强势，神剑股份8连板，金风科技、雷科防务等十 余股涨停。碳纤维概念表现活跃，吉林化纤、和顺科技双双涨停。下跌方面，电池、乳业、电力等板块 跌幅居前。沪深两市成交额2.14万亿，较上一个交易日缩量209亿。 白银等贵金属价格出现巨震 今日(12月29日)继上周五的"史诗级"暴涨后，国际白银价格上演了过山车式的大逆转行情：现货白银开 盘暴力拉升，一度上涨逾5%，站上83美元/盎司；之后又上演跳水，截至发稿，伦敦银现货价格跌幅达 4%，价格在75美元/盎司左右。与此同时，现货钯金日内重挫12%，现报1674.99美元/盎司。对于下跌原 因，有分析认为交易员开始从创纪录的贵金属涨势中获利了结。 值得注意的是国投白银LOF复牌后也出现大幅波动，直线跌停后又快速拉升，截至收盘，二级市场涨幅 达0.75%，溢价率为24.15%。 今年 ...