Market Overview - The market experienced a weak fluctuation throughout the day, with all three major indices showing a rebound before retreating. The Shanghai Composite Index fell by 0.07%, the Shenzhen Component Index decreased by 0.62%, and the ChiNext Index dropped by 0.79% [1] - The total trading volume in the Shanghai and Shenzhen markets was 1.67 trillion, which represents a decrease of 224.8 billion compared to the previous trading day [1] Index Performance - Shanghai Composite Index closed at 3913.76, down 0.07% with 910 gainers and 1341 losers [2] - Shenzhen Component Index closed at 12996.61, down 0.62% with 1218 gainers and 1568 losers [2] - ChiNext Index closed at 3059.32, down 0.79% with 556 gainers and 790 losers [2] - The North 50 Index increased by 0.87% to 1471.07, with 167 gainers and 108 losers [2] Sector Performance - The market's focus was on sectors such as deep earth economy and Hubei state-owned assets, with stocks like ShenKai Co., Petrochemical Machinery, and CITIC Heavy Industries showing strong performance [2] - Oil and gas stocks surged in the afternoon, with Beiken Energy hitting the daily limit [2] - The banking sector performed well, with Agricultural Bank of China reaching a historical high [2] - Conversely, battery stocks collectively weakened, with Tianji Co. and Tianci Materials experiencing significant declines [2][3] Summary of Sector Movements - Sectors with notable gains included oil and gas, engineering machinery, and wind power equipment [3] - Sectors with significant losses included precious metals, coal, and battery stocks [3]

A股主要指数今日小幅走低，截至收盘，沪指跌0.07%报3913点，深证成指跌0.62%，创业板指跌0.79%。全市场成交额1.69万亿元，较前一交易日缩量2024 亿元，超2900股下跌。 | 上证指数 | 深证成指 | 北证5C | | --- | --- | --- | | 3913.76 | 12996.61 | 1471.0 | | -2.57 -0.07% -80.71 -0.62% +12.65 +0 | | | | 科创20 | 创业板指 | 万得全/ | | 1405.41 | 3059.32 | 6232.5 | | -0.91 -0.06% -24.40 -0.79% -23.68 -0 | | | | 沪深300 | 中证500 | 中证A5( | | 4592.57 | 7128.48 | 5494.7 | | -15.30 -0.33% -57.15 -0.80% -21.74 -0 | | | | 中证1000 | 中证2000 | 中证红和 | | 7312.21 | 3052.45 | 5645.9 | | -31.84 -0.43% -11.40 -0.37% +5.54 + ...

A股三大指数今日集体下跌，截至收盘，上证指数跌0.07%，深证成指跌0.62%，创业板指跌0.79%，北 证50涨0.87%。沪深京三市全天成交额16903亿元，较上日缩量2024亿元。全市场超2900只个股下跌。 板块题材上，油气开采及服务、工程机械、风电设备、房地产、银行、流感板块涨幅居前；海南自贸 区、石墨电极、黄金概念、煤炭开采加工、电池、燃气、稀土永磁板块跌幅居前。盘面上，页岩气、工 程机械等深地经济产业链延续活跃，神开股份、石化机械3连板，山东墨龙、石化油服、建设机械2连 板。银行板块再度走高，农业银行14连阳创新高，银行指数10连阳。房地产板块表现积极，盈新发展3 连板，光明地产2连板。此外，人造肉、流感、风电设备板块涨幅居前。另一方面，受隔夜国际金价大 跌影响，贵金属板块集体下跌，湖南白银、晓程科技、西部黄金跌幅居前。海南自贸区板块同样表现不 佳，海马汽车、海汽集团、海峡股份纷纷走弱。 ...

Market Overview - A-shares experienced a collective adjustment in the morning session, with the major indices showing declines. The CSI 500 Index fell by 0.7%, the CSI 300 Index also decreased by 0.7%, the ChiNext Index dropped by 0.9%, and the STAR Market 50 Index declined by 1.1% [1] - The Hang Seng Index in Hong Kong showed weakness, with declines in the non-ferrous metals and consumer staples sectors, resulting in a 1.4% drop in the Hang Seng China Enterprises Index [1] Index Performance - The CSI 300 Index, which consists of 300 large-cap stocks from the Shanghai and Shenzhen markets, had a rolling P/E ratio of 14.4 times and fell by 0.7% [3] - The CSI 500 Index, covering 500 stocks with good liquidity, had a rolling P/E ratio of 16.9 times and also decreased by 0.7% [3] - The ChiNext Index, which includes 100 large-cap stocks in the ChiNext market, had a rolling P/E ratio of 41.9 times and fell by 0.9% [3] - The STAR Market 50 Index, focusing on large-cap stocks in the STAR Market, had a rolling P/E ratio of 176.0 times and declined by 1.1% [4] - The Hang Seng China Enterprises Index, which tracks 50 large-cap Chinese companies listed in Hong Kong, had a rolling P/E ratio of 10.8 times and decreased by 1.4% [4]

今天上午，两只行业龙头股引人关注。 值得一提的是，农业银行最新市净率（PB）为1.04倍，是目前六大行中市净率唯一突破1倍的银行。 一只是高股息资产的龙头股——农业银行。该股上午上涨1.14%，日线迎来14连阳，盘中股价再创历史新高，最新市值为2.79万亿元，居A股公司市值排 行榜首位。 另一只是AI算力龙头股——中际旭创（300308）。该股上午上涨0.7%，盘中股价创历史新高，总市值一度突破5000亿元。中际旭创上午成交额为128.57亿 元，居A股第一。 截至上午收盘，上证指数下跌0.44%，深证成指下跌0.81%，创业板指下跌0.89%。 工程机械板块走强 今天上午，工程机械板块走强，福事特（301446）、建设机械（600984）、南方路机等个股大涨。 据中国工程机械工业协会对挖掘机主要制造企业统计，2025年9月，销售各类挖掘机19858台，同比增长25.4%。其中国内销量9249台，同比增长21.5%； 出口量10609台，同比增长29%。2025年1—9月，共销售挖掘机174039台，同比增长18.1%；其中国内销量89877台，同比增长21.5%；出口84162台，同比 增长14.6%。 多 ...

| | V | 工程机械 3388.67 3.71% | A | © Q | | --- | --- | --- | --- | --- | | 成分股 | 基金 | 简况(F10) | 资金 | 板块分7 | | 名称代码 | | 最新 | 涨幅 ◆ | 流通市值 | | 铁拓机械 融 920706 | | 30.77 | 23.23% | 13亿 | | 五新隧装 融 920174 | | 63.40 | 10.57% | 55.2亿 | 今天上午，两只行业龙头股引人关注。 一只是高股息资产的龙头股——农业银行。该股上午上涨1.14%，日线迎来14连阳，盘中股价再创历史新高，最新市值为2.79万亿元，居A股公司市值排 行榜首位。 值得一提的是，农业银行最新市净率（PB）为1.04倍，是目前六大行中市净率唯一突破1倍的银行。 另一只是AI算力龙头股——中际旭创。该股上午上涨0.7%，盘中股价创历史新高，总市值一度突破5000亿元。中际旭创上午成交额为128.57亿元，居A股 第一。 截至上午收盘，上证指数下跌0.44%，深证成指下跌0.81%，创业板指下跌0.89%。 工程机械板块走强 今天上午，工程机械板 ...

板块题材方面，工程机械、风电设备、人造肉、页岩气、房地产、可控核聚变、流感板块涨幅居前；黄金概念、海南自贸区、燃气、电池、煤炭、稀土永磁 板块跌幅居前。 消息面上，昨日，现货黄金价格一度暴跌逾6.3%，创十余年来最大单日跌幅。 花旗银行预计，美国政府停摆结束及中美协议公布可能推动黄金在未来2-3周内进入震荡整理阶段。花旗银行表示短期内看跌黄金（此前看涨，现转为看 跌），设定0-3个月目标价为4000美元/盎司。 与黄金市场的短期谨慎态度形成对比，机构对A股市场的长期信心持续凸显。 潮新闻客户端 记者 俞叶波 10月22日，A股三大指数早盘集体下跌。 上证指数 ◀ 1A0001 LT 3899.05 高 3916.29 开 3896.07 量 3.5c 0.76% 额 4793.2 -17.28 -0.44% 低 3893.33 换 相关 ETF 2 上证综合ETF -0.29% 跟踪度 100% 分时 199日K 199周K 1999K 119五日 更多。 领先: 3904.58 最新: 3899.05 -17.28 -0.44% 3939.33 0. 3927.83 0. -0. 33 -0. 11:30 ...

展会时间： 2026年04月07-09日 展览行业： 工程机械、矿业 主办单位： IEG 展览公司 展会地点： 乌兹别克斯坦塔什干展览中心 举办周期： 一年一届 组展单位：北京盛瑞达展览--桂萍萍135贰①酒山溜酒⑧贰，更多国外工程机械展点击主页关注我哦（注：展会展位图已出图 展位预订通道已开启） 同期展会： 乌兹别克斯坦冶金及金属加工展览会 Uz Metal Mash Expo 千亿级投资计划： 政府未来五年投入300亿美元升级矿业基础设施，推动矿业投资年增速达20%，设备需求年增速同步达20%。 关键资源禀赋： 黄金储量全球第4（占全球28%）、铀矿储量全球第7（占全球42%），铜、煤炭等超百种未开发矿藏亟待开发。 本地化政策红利： 要求矿业设备本地化率超55%，中企可通过合资建厂享受"前5年免税+后5年减税"优惠，设备进口关税低至5%。 展品范围围绕主题构建 "四维产业矩阵"，覆盖全产业链核心环节 智能开采设备： 5G远程操控装载机/钻机、全液压掘进机、无人驾驶矿卡（氢能技术）、全电无人钻机。 高效选矿技术： 耐50℃高温浮选设备、零水耗锂提取技术、模块化选矿厂、低品位铜矿生物浸出技术。 配套关键设备： ...

Core Insights - Jiangsu province contributes nearly 10% of China's GDP, with a projected GDP of over 13.7 trillion yuan in 2024, driven by robust industrial clusters and efficient supply chain networks [1] - The traditional supply chain finance model, heavily reliant on core enterprise credit, is facing challenges and is undergoing a transformation towards a data-driven credit system [5][6] Supply Chain Challenges - Many small and medium-sized enterprises (SMEs) in Jiangsu's manufacturing sector struggle with financing due to reliance on traditional collateral methods, which do not suit their operational models [2][3] - The "nuclear control" model, which depends on core enterprises for credit, creates significant credit risks and fails to support the financing needs of smaller enterprises [3][4] Innovative Solutions - The emergence of the "de-nuclearization" model aims to reduce reliance on core enterprise credit by utilizing data credit systems, allowing for a more inclusive financing approach [5][6] - Companies like Qingtian Technology have successfully implemented innovative financing solutions, such as "Quick Payment," which leverages transaction data to facilitate quicker access to loans for SMEs [6][7] Collaborative Financing Models - XuGong Group has developed its own supply chain finance platform, XuGong Rongpiao, to integrate suppliers and financial resources, although it initially faced challenges with traditional financing models [4][8] - New risk-sharing mechanisms have been introduced, allowing for a more collaborative approach between core enterprises and financial institutions, enhancing credit access for SMEs [8][9] Policy and Technological Support - The Chinese government is promoting the "de-nuclearization" model through policies that encourage the use of data credit and support financing for SMEs [11][12] - Jiangsu province is actively exploring digital financial services to innovate supply chain financing, aiming to create a comprehensive credit evaluation system [11][12] Future Directions - The shift towards a decentralized credit system based on real transaction data is expected to enhance the resilience of supply chains and foster closer cooperation among industry players [12][13] - Financial institutions are encouraged to adopt multi-dimensional analyses of supply chain clients to support the development of data credit systems, which will be crucial for the future of supply chain finance [12][13]

截至午间收盘，沪指跌0.44%报3899.05点，深证成指跌0.81%，创业板指跌0.89%，北证50指数涨 1.19%，沪深北三市合计成交11142亿元。 （原标题：午评：沪指跌0.44%，煤炭、有色等板块走低，人造肉概念逆市活跃） 22日早盘，三大股指盘中震荡下探，北证50指数逆市拉升，场内近2900股飘绿。 盘面上看，煤炭、有色、半导体、券商等板块走低，工程机械、地产、石油、医药等板块拉升，人造 肉、工业母机、生物疫苗概念等活跃。 东莞证券表示，目前指数已行至阶段高位，资金分歧有所加剧，需警惕获利盘了结带来的短期震荡。但 另一方面，随着关税扰动因素逐步消化，四季度经济在政策支撑下有望持续修复；叠加美联储降息预期 渐强，可能吸引外资继续流入，而国内无风险利率下行也进一步提升了A股的配置价值，或推动居民资 金继续向股市转移。综合来看，市场短期或面临震荡整固，但中期上行趋势预计仍将延续。操作上建议 保持灵活仓位，避免盲目追高，并围绕景气度与估值性价比积极调整持仓。 ...