2月25日，A股三大股指小幅高开，其中沪指涨0.15%，报4123.78点，深成指涨0.21%，报14322.24点， 创业板指涨0.15%，报3313.09点，科创50指数涨0.21%，报1468.51点。磷化工、小金属概念股涨幅居 前，磷化工板块延续昨日强势，澄星股份2连板，和邦生物、金正大、六国化工、川金诺、云天化跟 涨；影视院线板块盘初走低，博纳影业、横店影视开盘跌停，中国电影、光线传媒、幸福蓝海跌幅居 前。昨日A股市场冲高回落，创业板指盘中一度涨超2%，沪深两市成交额达2.2万亿，全市场超4000只 个股上涨，其中109只个股涨停，市场活跃度较高。 盘面上，市场焦点股豫能控股（4板）高开4.69%，化工板块美邦股份（4板）竞价涨停、金牛化工（7 天4板）高开3.59%，AI应用端的风语筑（6天4板）低开3.27%、罗曼股份（2板）高开1.27%，商业航天 概念股顶固集创（创业板6天3板）高开4.71%，并购重组的韩建河山（9天5板）低开0.54%，光伏板块 协鑫集成（9天5板）高开2.74%，电网设备板块汉缆股份（3板）高开5.10%，玻纤概念股宏和科技（4 天3板）高开4.74%、山东玻纤（4天3 ...

A股开盘，三大指数集体高开，沪指涨0.15%报4123.78点，深证成指涨0.21%，创业板指涨0.15%。盘面 上，磷化工、小金属板块盘初活跃，影视院线板块继续调整。 ...

马年首个交易日，A股三大指数集体走高，沪指涨0.87%，深证成指涨1.36%，创业板指涨0.99%。超4000股上涨，超百股 涨停。油气开采、贵金属、培育钻石等板块上涨;影视院线、AI应用、旅游及酒店、白酒、免税店下跌。 个股方面，并购重组的韩建河山9天5板、豫能控股4连板，光伏板块协鑫集成9天5板，化工板块美邦股份4连板，AI应用 的风语筑6天4板，汉缆股份3连板，招商轮船、中远海能等3天2板，长飞光纤、深南电路等涨停。 下面来看今日龙虎榜情况： 龙虎榜单日净买入额前三为华工科技、深南电路、湖南白银，分别为5.23亿元、4.21亿元、3.44亿元。 龙虎榜单日净卖出额前三为光线传媒、大位科技、税友股份，分别为6.33亿元、5.83亿元、2.54亿元。 龙虎榜中涉及机构专用席位的个股中，当日净买入额前三为华工科技、上海电影、三变科技，分别为1.89亿元、1.85亿 元、1.55亿元。 龙虎榜中涉及机构专用席位的个股中，当日净卖出额前三为税友股份、每日互动、视觉中国，分别为3.20亿元、1.65亿 元、9357.15万元。 部分榜单个股题材： 华工科技(AI光模块+订单爆满+武汉国资) 1、据中国光谷2月22日 ...

在经历了春节长假的休整之后，2月24日A股市场量价齐升，资金入场意愿较为强烈。 与此同时，结构性分化的暗流也在涌动。油气、有色、化工等资源品板块全线走强，影视院线、AI应 用等题材则显著回调。这种"冰火两重天"的格局，使得A股在马年的平稳开局中暗藏分歧。多家一线私 募机构在接受中国证券报记者采访时表示，马年A股首日走势验证了节前的乐观预期，但市场主线也在 逐步切换，投资者需要在"科技"与"资源"的双线逻辑中重新校准攻守节奏。 双轮驱动特征明显 "A股马年首个交易日整体呈现出全线高开、放量走强的行情，上证指数等主要指数同步走高，市场交 投活跃度显著提升。"畅力资产董事长宝晓辉表示，结合春节假期外围市场整体偏暖、资金回流预期较 强的大背景，A股的表现基本符合市场的普遍预期。 奶酪基金投资经理李铭洛则观察到盘面的双轮驱动特征，24日盘面呈现清晰的"资源品+科技成长"双轮 驱动格局——油气能源、贵金属等资源板块与AI算力、半导体、机器人等硬科技赛道领涨，前期涨幅 较大的影视、短剧游戏等题材则有所回调。"这一表现基本兑现了节前市场对'红包行情'的预期，主要 驱动力来自假期期间海外科技股上涨、地缘风险推升避险资产价格以及 ...

在经历了春节长假的休整之后，2月24日A股市场量价齐升，资金入场意愿较为强烈。 与此同时，结构性分化的暗流也在涌动。油气、有色、化工等资源品板块全线走强，影视院线、AI应 用等题材则显著回调。这种"冰火两重天"的格局，使得A股在马年的平稳开局中暗藏分歧。多家一线私 募机构在接受中国证券报记者采访时表示，马年A股首日走势验证了节前的乐观预期，但市场主线也在 逐步切换，投资者需要在"科技"与"资源"的双线逻辑中重新校准攻守节奏。 ● 本报记者 王辉 马科伟同样坚持"左手高质量成长、右手大空间赛道"的均衡思路。他认为，近期海外科技股的震荡反映 出市场对AI的审视正从"讲故事"转向"看业绩"。国内投资机会将更聚焦于能够看到实际订单、具备明确 商业化路径的细分领域，如机器人和国产算力。在地缘风险支撑下，叠加全球流动性宽松预期，贵金 属、石油、有色、化工等资源品板块当前具备持续的上涨驱动力。 也有机构显现出谨慎态度。宝晓辉坦言，她更看好有色金属与石油能源板块的阶段性投资机会，对科技 板块则保持相对谨慎。"科技板块近期震荡幅度偏大，多空分歧突出。虽然长期来看，科技赛道依然是 优质方向，但不适合在当前阶段重仓参与。"宝晓辉表 ...

Core Viewpoint - The A-share market experienced a strong opening on the first trading day after the Spring Festival, with over 4,000 stocks rising and more than 100 stocks hitting the daily limit up [1][3]. Market Performance - On February 24, the A-share market opened high and fluctuated throughout the day, with the Shanghai Composite Index closing up 0.87% at 4,117.41 points, while the Shenzhen Component Index rose 1.36% to 14,291.57 points. The ChiNext Index increased by 0.99% to 3,308.26 points [3][5]. - The total trading volume in the Shanghai and Shenzhen markets reached 2.2 trillion yuan, an increase of 219.4 billion yuan compared to the previous trading day [5]. Sector Performance - Resource stocks, particularly in oil and gas, surged due to geopolitical events, with multiple stocks hitting the daily limit up, including Tongyuan Petroleum and China National Offshore Oil Corporation [5]. - The chemical sector also saw significant gains, with stocks like Meibang Co. and Hongbao Li hitting the daily limit up [5]. - AI-driven demand led to strong performance in optical fiber and related hardware stocks, with Tianfu Communication rising over 10% and Changfei Optical Fiber hitting a new historical high [6]. Declining Sectors - The film and cinema sector faced declines, with stocks like Light Media and China Film hitting the daily limit down [7]. - AI application stocks also saw significant drops, with companies like ZhiYue Technology and Jingli Media experiencing substantial losses [7][9]. Future Outlook - Analysts from Zhonghang Securities suggest that the A-share market may have entered a phase of stabilization after recent fluctuations, with expectations for a gradual upward trend [9]. - Guotai Haitong Securities highlights that the upcoming policy window and the potential visit of a U.S. leader to China could bolster market confidence [10]. - Huatai Securities anticipates a continued spring market rally, driven by domestic consumption data and AI industry catalysts, despite external uncertainties [11].

截至收盘，中证A500指数上涨1.2%，沪深300指数、创业板指数均上涨1.0%，上证科创板50成份指数下跌0.3%，恒生中国企业指数下跌2.1%。 作为跟踪对应指数的核心工具，A500ETF易方达（159361）、沪深300ETF易方达（510310）同步跟随指数上涨。A500ETF易方达（159361）紧密跟踪中证 A500指数，全日成交额达31.66亿元，成交活跃；沪深300ETF易方达（510310）紧密跟踪沪深300指数，一键覆盖沪深市场核心龙头资产，兼顾价值与成 长。 2月24日，A股三大指数集体上涨，沪指涨0.87%，全市场成交额超2.2万亿元，较前一交易日放量约2200亿元，超4000只个股收红。板块题材上，油气开采 及服务、贵金属、培育钻石、草甘膦、化肥、煤炭开采加工、光纤、电网设备、港口航运板块涨幅居前；影视院线、AI应用、算力租赁、旅游及酒店、保 险、白酒、免税店、脑机接口板块跌幅居前；港股表现弱势，科技、医药、大金融等板块集体下挫。 | 沪深300指数由沪深市场中规 | 令日 | 该指数 | 该指数 | | --- | --- | --- | --- | | 模大、流动性好的300只股 ...

有股民表示："太神奇了，春晚那么多机器人表演，以为要大涨呢，还想着把压岁钱都买相关股票，看不懂这个逻辑了，现在不敢买了。" 作者：蔡越坤封图：图虫创意 A股马年首个交易日，迎来开门红行情。 截至2月24日收盘，上证指数上涨0.87%，收于4117.41点；深证成指上涨1.36%，收于14291.57点；创业板指上涨0.99%，收于3308.26点。A股全天成交2.22 万亿元，上个交易日成交2万亿元。 马年春晚，人形机器人组团登上舞台，再次引起广泛关注。2月20日港股率先开盘，尽管恒生指数和恒生科技指数当日双双收跌，但受春晚机器人震撼表 演的催化影响，人形机器人概念股收红，受到资金追捧。 然而，2026年春晚后首个交易日，最值得期待的机器人板块并未如期大涨，上演高开低走行情。A股开盘后，机器人指数（884126）上涨近1.5%，然而截 至收盘，该指数仅上涨0.65%。 有股民表示："太神奇了，春晚那么多机器人表演，以为要大涨呢，还想着把压岁钱都买相关股票，看不懂这个逻辑了，现在不敢买了。" 展望后市，方正证券认为，国内方面，2026年开年以来，A股市场表现总体强势，春季行情拉开帷幕。往后看，随着新质生产力领域 ...

Group 1 - The film industry sector experienced a decline at the beginning of trading, with major companies such as China Film, Hengdian Film, and Bona Film hitting the daily limit down [1] - Light Media and Happiness Blue Sea fell over 15%, indicating significant losses in the market [1] - Other companies including Golden Eagle Film, Wanda Film, Shanghai Film, Huanrui Century, and Huace Film also saw declines, reflecting a broader downturn in the industry [1]

Core Viewpoint - The A-share market experienced a strong performance on the first trading day of the Year of the Horse, with all three major indices closing higher, driven by resource sectors and policy expectations as the Two Sessions approach [3][15]. Market Performance - On February 24, the Shanghai Composite Index rose by 0.87% to 4117 points, the Shenzhen Component increased by 1.36% to 14291 points, and the ChiNext Index gained 0.99% to 3308 points [3][15]. - The total trading volume for the day reached 2.2 trillion yuan, an increase of 219.2 billion yuan compared to the previous trading day, indicating heightened market activity [3][15]. Sector Analysis - Resource sectors, particularly oil and gas, led the market rally, with multiple oil and gas ETFs hitting the daily limit [4][16]. - In contrast, the film and media sector saw significant declines, with related ETFs dropping over 7% due to disappointing box office performance during the Spring Festival [4][17]. ETF Market Insights - Oil and gas ETFs showed remarkable performance, with several reaching the daily limit and an average increase of around 10% [5][18]. - The Standard & Poor's Oil and Gas ETF recorded a trading volume of 1.117 billion yuan and a turnover rate of 152.76%, reflecting strong market interest in this sector [5][18]. Investment Themes - Analysts suggest that resource products and technology sectors may become the main themes for the spring market, driven by policy expectations and industry trends [3][11]. - The focus on stable growth policies ahead of the Two Sessions is expected to benefit infrastructure and resource sectors [11][24]. Market Sentiment - Despite the overall market rally, there is a notable divergence in sector performance, with technology stocks experiencing mixed results [21][23]. - Southbound capital flows showed a "buy the dip" strategy, with net purchases of 3.131 billion Hong Kong dollars on February 24, indicating continued interest in the market despite fluctuations [22][24].