Core Insights - The article highlights a trend of decreasing shareholder accounts among 498 companies, indicating a concentration of shares, with 93 companies experiencing a decline for three consecutive periods or more [1][2] Group 1: Shareholder Account Trends - 93 companies have seen a continuous decrease in shareholder accounts for over three periods, with some like ST Huawen and Guotou Fengle experiencing declines for 13 and 10 periods respectively, with reductions of 15.38% and 15.73% [1] - The latest data shows significant declines in shareholder accounts for companies such as Hongming Co., ST Qingyan, and Shenzhou Taiyue, with decreases of 13.30%, 11.03%, and 10.27% respectively [1][2] Group 2: Market Performance - Among the companies with declining shareholder accounts, 15 have seen their stock prices rise, while 78 have experienced declines, with notable increases for ST Qingyan (45.91%), Hongming Co. (13.56%), and Jerey Co. (12.21%) [2] - 10.75% of the companies with decreasing shareholder accounts outperformed the Shanghai Composite Index, with ST Qingyan, Honghe Technology, and Dongfang Tantalum achieving excess returns of 37.02%, 10.51%, and 7.65% respectively [2] Group 3: Industry and Institutional Interest - The industries with the highest concentration of companies experiencing declining shareholder accounts include machinery, basic chemicals, and pharmaceuticals, with 14, 10, and 8 companies respectively [2] - In terms of institutional interest, 14 companies with declining shareholder accounts were surveyed by institutions in the past month, with Donggang Co., Dongfang Tantalum, and Dalian Heavy Industry receiving the most attention [2]

Investment Rating - The report maintains a recommendation for the chemical industry, indicating a positive outlook for the sector [6]. Core Viewpoints - The report highlights significant price increases in chloromethane and isooctyl acrylate, suggesting a focus on new materials with substantial market potential [1]. - It recommends attention to Jiangshan Co., which is expected to benefit from rising glyphosate prices and has promising developments in innovative drugs [5]. - The DVA market is noted for its vast potential, with Daon Co. making key advancements in DVA products [5]. Industry Performance - In the third week of September, the chemical sector (Shenwan) declined by 1.33%, slightly underperforming the Shanghai A-share index, which fell by 1.31% [2][13]. - The dynamic PE for the chemical sector stands at 22.54 times, above the average PE of 12.20 times since 2015 [2][13]. Sub-industry Trends - Among the 31 sub-industries, 8 experienced gains while 23 saw declines. The top five gaining sub-industries included civil explosives (+7.72%) and modified plastics (+7.67%), while the top five declining sub-industries included carbon black (-5.25%) and other chemical raw materials (-4.74%) [3][17]. Chemical Prices and Spreads - The report lists the top five products with the highest weekly price increases: liquid chlorine (+22.93%), monochloromethane (+19.44%), and isooctyl acrylate (+7.47%) [4][22]. - The report also details the top five products with the largest price spread increases, including aniline spread (+17.56%) and ethylene spread (+13.17%) [4][34]. Inventory Changes - Significant inventory changes were noted, with ethylene glycol increasing by 25.67% and polyester chips by 11.98%, while epoxy propane saw a decrease of 10.44% [5][52].

| 证券简称 | | 区间涨跌幅% | 行业 | | --- | --- | --- | --- | | 上纬新材 | 1,753.05 | 376.62 | 基础化工 | | *ST宇顺 | 1,145.83 | 108.93 | 电子 | | 胜宏科技 | 1.066.69 | 2,720.57 | 电子 | 专题：专题|A股"924行情"一周年回顾与展望 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ A股924行情1周年，数据显示，2024年9月24日至2025年9月23日，上纬新材涨幅1753.05%，*ST宇顺涨1145.83%，胜宏科技涨1066.69%。熊股排行榜方 面，紫天退（维权）跌幅96.28%，*ST苏吴（维权）跌89.31%，*ST高鸿（维权）跌81.75%。 | 菲林格尔 | 921.10 | 111.80 | 轻工制造 | | --- | --- | --- | --- | | 天普股份 | 888.68 | 135.64 | 汽车 | | 仕佳光子 | 831.43 | 357.96 | 通信 | | 东芯股份 | 768.74 | 543.26 | ...

专题：专题|A股"924行情"一周年回顾与展望 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ | 菲林格尔 | 921.10 | 111.80 | 轻工制造 | | --- | --- | --- | --- | | 天普股份 | 888.68 | 135.64 | 汽车 | | 仕佳光子 | 831.43 | 357.96 | 通信 | | 东芯股份 | 768.74 | 543.26 | 电子 | | 浙江荣泰 | 732.11 | 403.72 | 汽车 | | 芯原股份 | 718.88 | 1,067.20 | 电子 | | 同洲电子 | 716.48 | 111.81 | 家用电器 | | 热景生物 | 687.87 | 168.58 | 医药生物 | | 纳科诺尔 | 683.14 | 110.70 | 电力设备 | | 若 羽 臣 | 643.45 | 137.08 | 商贸零售 | | 长芯博创 | 640.64 | 373.08 | 通信 | | 招金黄金 | 640.60 | 91.51 | 有色金属 | | 长盛轴承 | 640.30 | 280.28 | ...

登录新浪财经APP 搜索【信披】查看更多考评等级 编者按： 2024年9月24日，央行推出互换便利和股票回购增持再贷款等重磅政策工具，为资本市场注入 强心剂。如今一年过去，这些政策在稳定市场、引导资金流向、优化资源配置等方面究竟表现如何？清 华大学国家金融研究院院长、五道口金融学院副院长田轩近日接受专访，深入剖析政策实施效果与市场 生态变化，为投资者提供全景式解读。 田轩 清华大学国家金融 研究院院长、清华大学五道口金融学院副院长 田轩对 "货币政策 + 财政政策 + 产业政策" 的组合拳给予积极评价。回顾一年来的政策实践，田轩认为 央行工具组合在稳定市场预期方面发挥了关键作用。"互换便利有效缓解了非银机构流动性压力，尤其 在季末和跨节时段作用明显，显著增强了市场韧性。从市场表现看，政策实施后沪深300波动率明显下 降，风险溢价趋于收敛，表明工具组合在稳定预期方面发挥了关键作用。但他也坦言，短期内政策更多 体现为"托底"而非"拉升"，部分工具传导效率不足，中小金融机构对互换便利使用仍显谨慎，加上宏观 经济修复节奏放缓，企业盈利预期尚未明显改善，资本市场结构性矛盾依然存在。 政策托底效应显现 结构性矛盾仍待破解 ...

基金参与调研的公司中，按所属板块统计，深市主板公司有2家，创业板公司有3家，科创板公司有1 家，北交所公司有1家。 从基金调研公司的A股总市值统计，总市值不足100亿元的有5家，分别是威贸电子、超达装备、川金诺 等。 市场表现上，基金调研股中，近5日上涨的有2只，涨幅居前的有国芯科技、星辉娱乐等，涨幅为 3.86%、3.75%；下跌的有5只，跌幅居前的有川金诺、威贸电子、浙江世宝等，跌幅为4.06%、3.95%、 3.63%。（数据宝） （原标题：9月22日基金调研瞄准这些公司） 昨日基金共对7家公司进行调研，扎堆调研星辉娱乐、威贸电子等。 证券时报•数据宝统计，9月22日共16家公司被机构调研，按调研机构类型看，基金参与7家公司的调研 活动。星辉娱乐最受关注，参与调研的基金达18家；威贸电子、川金诺等分别获5家、3家基金集体调 研。 9月22日基金调研公司一览 | 代码 | 简称 | 基金家数 | 最新收盘价 （元） | 近5日涨跌幅（%） | 行业 | | --- | --- | --- | --- | --- | --- | | 300043 | 星辉娱乐 | 18 | 6.91 | 3.75 | 传媒 ...

两融数据显示，该股最新（9月22日）两融余额为5.98亿元，其中，融资余额为5.97亿元，近10日增加 2.29亿元，环比增长62.12%。 公司发布的半年报数据显示，上半年公司共实现营业收入3.10亿元，同比增长10.52%，实现净利润 5584.61万元，同比增长199.82%，基本每股收益为0.0803元，加权平均净资产收益率2.76%。（数据 宝） 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。 凯美特气股价创出历史新高，截至9:37，该股上涨5.52%，股价报24.10元，成交量6386.17万股，成交金 额14.73亿元，换手率9.22%，该股最新A股总市值达167.58亿元，该股A股流通市值166.86亿元。 证券时报•数据宝统计显示，凯美特气所属的基础化工行业，目前整体跌幅为0.68%，行业内，目前股价 上涨的有51只，涨停的有蓝丰生化、华软科技等3只。股价下跌的有374只，跌幅居前的有丰山集团、新 乡化纤、吉林化纤等，跌幅分别为5.12%、4.86%、4.85%。 ...

Group 1 - The A-share market experienced a volatile adjustment from September 15 to September 19, but public fund institutions maintained high enthusiasm for research, with 124 institutions conducting 582 surveys on 141 listed companies across 23 industries [1] - The average increase of stocks covered by public fund institutions was 1.15%, outperforming the Shanghai and Shenzhen 300 Index during the same period, with 56 stocks achieving positive returns, and 18 stocks rising over 10% [1] - Notable performers included Hongchang Technology (301008) with a 33.96% increase and Fujia Co., Ltd. (603219) with a 17.37% increase, both involved in humanoid robotics [1] Group 2 - The mechanical equipment sector was the most concentrated area of public fund institution research, with 20 companies receiving 102 surveys, followed by basic chemicals, electric equipment, and automotive industries, each with over 50 surveys [2] - The electronics industry saw a significant decline in interest, with only 12 companies receiving 37 surveys, indicating a drop in both the number of companies and survey frequency compared to previous periods [2] - 54 public fund institutions showed high research enthusiasm, with 43 institutions conducting 5 to 9 surveys, and 11 institutions conducting at least 10 surveys, with Fortune Fund leading with 24 surveys focused on the steel industry [2][3]

9月22日，A股市场整体上涨。 截至收盘，上证指数收报3828.58点，上涨0.22%；深证成指收报13157.97点，上涨0.67%；创业板指收报3107.89 点，上涨0.55%。两市合计成交21214.83亿元，较上一交易日减少2023.47亿元。 1. 两市主力资金净流出近150亿元 | | | 沪深两市最近五个交易日主力资金流向情况(亿元) | | | | --- | --- | --- | --- | --- | | 日期 | | 净流入金额 开盘净流入 | 尾盘净流入 | 超大单净买入 | | 2025-9-22 | -149.51 | -77.29 | 37. 32 | -12. 91 | | 2025-9-19 | -431.42 | -147.94 | -31. 05 | -206. 34 | | 2025-9-18 | -760.44 | -203. 53 | -196. 21 | -332. 00 | | 2025-9-17 | -328.39 | -128. 05 | -39.90 | -150. 90 | | 2025-9-16 | -165.54 | -44. 85 | 4. 6 ...

Group 1 - The overall industry selection framework focuses on resources, new productive forces, and globalization [2] - Resource stocks are shifting from cyclical attributes to dividend attributes due to supply constraints and global geopolitical expectations [2] - The globalization of leading Chinese manufacturing companies is expected to convert market share advantages into pricing power and profit margin improvements [2] Group 2 - The Chinese stock market is expected to continue its upward trajectory, driven by the demand for assets and capital market reforms aimed at improving investor returns [3] - The recent communication between Chinese and U.S. leaders indicates a stabilization of short-term risk outlook [3] - The upcoming reforms in the capital market, including the launch of the growth tier on the Sci-Tech Innovation Board, are anticipated to accelerate market adjustments [3] Group 3 - The current market remains in a consolidation phase since September, with a positive funding environment supporting the ongoing trend [4] - The key factor for the continuation of the positive feedback from the funding side is the profitability effect [4] - Focus areas for investment include domestic computing power chains, innovative pharmaceuticals, robotics, chemicals, batteries, and leading consumer stocks [4] Group 4 - The three main drivers of the current upward trend in A-shares remain unchanged, with a focus on low penetration sectors [5] - Attention is drawn to solid-state batteries, AI computing power, humanoid robots, and commercial aerospace [5] - The market is still in a bull market phase, with expectations for further growth [5] Group 5 - There has been significant inflow of both domestic and foreign capital into the Chinese stock market, with a notable increase in passive fund inflows [6] - The reduction in positions in high-priced options indicates a cautious outlook for the Shanghai Composite Index [6] - Overall, the long-term outlook for the Shanghai Composite Index remains bullish [6] Group 6 - The market is currently experiencing a rotation among sectors, with a focus on individual stocks rather than indices [7] - Key areas of interest include humanoid robots, AI, new energy, and innovative pharmaceuticals [7] - The market is expected to continue its rotation while maintaining a high level of focus on individual stock performance [7] Group 7 - The current market conditions suggest that a bull market driven by improving corporate earnings is in the making [8] - Opportunities are identified in upstream resources, capital goods, and raw materials due to improved operating conditions [8] - Domestic demand-related sectors are also expected to present opportunities as earnings recover [8] Group 8 - The market is transitioning from a focus on existing stocks to an expansion of new opportunities driven by incremental capital [9] - The emphasis is on identifying opportunities based on industry trends and economic conditions rather than merely switching between high and low positions [9] - The market is expected to see a broadening of investment opportunities as new capital flows in [9] Group 9 - The potential for low-position stocks to experience a rebound is increasing as the market approaches the fourth quarter [10] - Historical trends indicate that stocks that performed well in the third quarter may not continue their momentum into the fourth quarter [10] - The focus is on cyclical stocks and those benefiting from global pricing resources as key areas for investment in the upcoming quarter [10] Group 10 - The recovery of free cash flow in export-advantaged manufacturing sectors is anticipated due to policy changes and global re-industrialization [11] - The valuation system for China's advantageous manufacturing sectors is expected to undergo systematic restructuring [11] - The return of global capital to China is likely to drive a bullish trend in high-end manufacturing sectors [12]