（原标题：86只股收盘价创历史新高） 沪指今日上涨0.04%，86股收盘价创历史新高。 今日可交易A股中，股价上涨的有3629只，占比66.93%，下跌的有1689只，占比31.15%，其中，涨停的有89只，跌停的有7只。 | 301000 肇民科技 | | 56.03 | 6.58 | 汽车 | | --- | --- | --- | --- | --- | | 688191 智洋创新 | | 28.20 | 6.50 | 电力设备 | | 001309 | 德明利 | 125.50 | 6.44 | 电子 | | 603298 杭叉集团 | | 26.69 | 6.38 | 机械设备 | | 301077 星华新材 | | 28.20 | 6.37 | 基础化工 | | 688041 海光信息 | | 246.00 | 6.26 | 电子 | | 300984 金沃股份 | | 72.54 | 6.25 | 机械设备 | | 301135 瑞德智能 | | 33.03 | 6.21 | 家用电器 | | 300757 罗博特科 | | 295.90 | 5.58 | 机械设备 | | 300476 胜宏科 ...

Market Performance - The Sci-Tech Innovation Board (STAR Market) index rose by 1.32%, closing at 1358.05 points, with a total trading volume of 4.469 billion shares and a turnover of 240.51 billion yuan, resulting in an average turnover rate of 2.38% [1] - Among the tradable stocks on the STAR Market, 397 stocks closed higher, with 8 stocks increasing by over 10% and 34 stocks rising between 5% and 10%. Conversely, 186 stocks closed lower [1] Turnover Rate Analysis - The turnover rate distribution shows that 10 stocks had a turnover rate between 10% and 20%, 99 stocks between 5% and 10%, 129 stocks between 3% and 5%, 274 stocks between 1% and 3%, and 77 stocks had a turnover rate of less than 1% [1] - The highest turnover rate was recorded by Zhongyan Co., which closed up by 6.31% with a turnover rate of 17.21% and a transaction amount of 578 million yuan. Puran Co. also saw a limit-up with a 20% increase and a turnover rate of 14.30%, totaling 2.205 billion yuan in transactions [1] Sector Performance - In the high turnover stocks, 73 stocks increased, with the highest gains from Puran Co. (20.00%), Longxin Zhongke (14.89%), and Buke Co. (12.72%). The stocks with the largest declines included Conglin Technology (-7.72%), Ailong Technology (-6.74%), and Hangke Technology (-6.53%) [2] - The electronics sector had the most stocks with a turnover rate exceeding 5%, totaling 44 stocks, followed by machinery equipment and power equipment with 19 and 15 stocks, respectively [2] Capital Flow - Among the high turnover stocks, 46 experienced net inflows of main funds, with Longxin Zhongke, Naxin Micro, and Aobi Zhongguang seeing net inflows of 358 million yuan, 196 million yuan, and 193 million yuan, respectively. Conversely, Shijia Photon, Hangke Technology, and Juhe Materials had significant net outflows of 304 million yuan, 198 million yuan, and 172 million yuan, respectively [2] - Recent data indicates that 61 high turnover stocks received net purchases of leveraged funds, with notable increases in financing balances for Xinyuan Co. (955 million yuan), Shijia Photon (245 million yuan), and Dongxin Co. (211 million yuan). In contrast, Huahong Company, Yingshi Innovation, and Lingyun Light saw significant reductions in financing balances [2] Notable Stocks - The top stocks by turnover rate on September 16 include Zhongyan Co. (6.31% increase, 17.21% turnover rate), Puran Co. (20.00% increase, 14.30% turnover rate), and Xinyuren (2.06% decrease, 13.85% turnover rate) [3][4] - Other notable stocks include Ailong Technology (-6.74%, 13.74% turnover rate) and Aobi Medical (6.78%, 12.04% turnover rate) [3][4]

Market Performance - The ChiNext Index rose by 0.68%, closing at 3087.04 points, with a total trading volume of 641.903 billion yuan, an increase of 21.062 billion yuan compared to the previous trading day [1] - Among the tradable ChiNext stocks, 1056 stocks closed higher, with 28 stocks rising over 10%, and 312 stocks closing lower, including 1 stock that hit the daily limit down [1] Turnover Rate Analysis - The average turnover rate for the ChiNext today was 4.66%, with 31 stocks exceeding a turnover rate of 20% [1] - The highest turnover rate was recorded by Aifenda, a new stock listed for 5 days, with a turnover rate of 51.94% and a closing price increase of 2.60% [1][2] Institutional Activity - Eight high turnover ChiNext stocks appeared on the Dragon and Tiger List, with institutional participation noted in several stocks, including Hanwei Technology and Xinghui Entertainment, which saw significant net purchases [3] - Hanwei Technology had a net institutional buy of 1.79 billion yuan, while Xinghui Entertainment had a net buy of 1.21 billion yuan [3] Capital Flow - Among high turnover stocks, 21 stocks experienced net inflows from main funds, with Hanwei Technology, Gaolan Co., and Hanyu Group leading in net inflow amounts [4] - Aifenda is projected to have a net profit increase of 14.72% year-on-year, with an estimated net profit of 99 million yuan [4] Stock Performance Summary - Aifenda (301575) closed at 60.36 yuan with a daily increase of 2.60% and a turnover rate of 51.94% [4] - Other notable stocks include Haoen Electric (301488) with a 7.15% increase and a turnover rate of 43.68%, and Tongxing Technology (301252) with a 10.10% increase [5]

向前追溯发现，科创板百元股最新收盘价相对发行价平均溢价389.35%，溢价幅度居前的有寒武纪-U、百利天恒、安集科技等，溢价幅度分别为 2136.53%、1347.04%、1305.90%。 以申万一级行业分类，科创板百元股较为集中的行业有电子、医药生物、计算机等，分别有32只、13只、9只股票上榜。 （原标题：科创板百元股达70只，寒武纪-U股价最高） 以最新收盘价计算，科创板平均股价为40.59元，其中股价超100元的有70只，股价最高的是寒武纪-U。 证券时报•数据宝统计显示，科创板股今日上涨的有397只，下跌的有186只，以收盘价为基准测算，科创板平均股价为40.59元，其中，收盘价超 过100元的有70只，股价在50元至100元之间的有143只，股价在30元至50元的有151只。 科创板股中，收盘价最高的是寒武纪-U，今日报收1440.10元，上涨0.01%，其次是茂莱光学、源杰科技等，最新收盘价分别为406.44元、369.20 元。 科创板百元股中，今日平均上涨1.62%，具体来看，今日上涨的有46只，涨幅居前的有普冉股份、龙芯中科、步科股份等。下跌的有24只，跌幅 居前的有泽璟制药、浙海德曼、 ...

Core Viewpoint - Silver prices have surged, reaching over $43 per troy ounce, the highest level since 2011, driven by a strong performance in gold prices and a weakening dollar [1] Group 1: Market Dynamics - The recent increase in precious metal prices is attributed to expectations that the Federal Reserve will cut interest rates by 25 basis points and implement further easing policies by the end of the year [1] - Geopolitical uncertainties and continued inflows into exchange-traded funds (ETFs) have also contributed to the rising demand for silver [1] Group 2: Demand Drivers - Over half of global silver consumption comes from industries such as solar panels, electric vehicles, and electronics, indicating a strong industrial demand for silver [1]

Group 1 - Over 1,100 A-share listed companies have received institutional research since September 1 [1] - More than half of the listed companies have achieved positive returns since September [1] - Industries such as machinery, electronics, and basic chemicals have attracted significant institutional attention [1] Group 2 - Shannon Chip's stock price reached a historical high, with a cumulative increase of 78.36% since September [1] - Institutional interest focused on whether the prices of Shannon Chip's products will rise following the increase in storage chip prices [1] - The company stated that the prices of distribution products will follow market trends, while self-produced product prices will be determined by market competition [1]

Report Overview - Report Date: September 16, 2025 [1] - Analyst: Zhang Hesheng [1] - SAC Number: S0870523100004 [1] 1. Report Industry Investment Rating - Not provided in the given content 2. Report's Core View - A shares and gold may experience sideways fluctuations, while the bond market presents an opportunity for long - positions. A shares are likely to remain in a high - level oscillation with good structural opportunities in areas like new energy, innovative drugs, rare earths, artificial intelligence, and securities. Long - term interest - rate bonds in the bond market are gradually becoming suitable for long - positions. Gold may move sideways in the short term and potentially break through upwards in the long term [11] 3. Summary by Related Content Stock Market - **US Stocks and Hong Kong Stocks**: In the past week (20250908 - 20250914), the Nasdaq, S&P 500, and Dow Jones Industrial Average changed by 2.03%, 1.59%, and 0.95% respectively, and the Nasdaq China Technology Index changed by 5.64%. The Hang Seng Index changed by 3.82% [2] - **A - shares**: Most A - share sectors rose. The Wind All - A Index rose 2.12%. The CSI A100, CSI 300, CSI 500, CSI 1000, CSI 2000, and Wind Micro - cap stocks changed by 1.54%, 1.38%, 3.38%, 2.45%, 2.16%, and 2.55% respectively. Among different styles, the Shanghai blue - chips and growth sectors (represented by SSE 50 and STAR 50) rose by 0.89% and 5.48% respectively, and the Shenzhen blue - chips and growth sectors (represented by SZSE 100 and ChiNext Index) rose by 1.66% and 2.10% respectively. The North Exchange 50 Index changed by - 1.07% [3] - **Industry Performance**: 26 out of 30 CITIC industries rose, with electronics, real estate, agriculture, forestry, animal husbandry, fishery, media, and computer leading the gains with weekly increases of over 4%. Semiconductor, science and technology innovation, chip, integrated circuit, and information technology innovation ETFs performed well, with weekly increases of over 7% [4] Bond Market - **Domestic Interest - rate Bonds**: In the past week (20250908 - 20250914), the 10 - year Treasury bond futures main contract fell 0.22% compared to September 5, 2025. The yield of the 10 - year active Treasury bond rose 4.10 BP to 1.8670%. Yields of all maturity varieties increased, with those of 20 - year and above varieties rising more [5] - **Funding Costs and Market Operations**: As of September 12, 2025, R007 was 1.4651%, up 0.85 BP from September 5, 2025, and DR007 was 1.4575%, up 2.03 BP. The central bank's net injection in the open market operations (reverse repurchase and central bank bill swaps) in the past week (20250908 - 20250914) was 196.1 billion yuan [6] - **Bond Market Leverage**: The bond market leverage level increased. The 5 - day average of inter - bank pledged repurchase volume increased from 7.31 trillion yuan on September 5, 2025, to 7.49 trillion yuan on September 12, 2025 [8] - **US Treasury Bonds**: In the past week (20250908 - 20250914), US Treasury bond yields decreased. As of September 12, 2025, the 10 - year US Treasury bond yield fell 4 BP to 4.06%. Yields of 10 - year and above maturity varieties decreased [9] Commodity Market - **Dollar and Gold**: In the past week (20250908 - 20250914), the US dollar index fell 0.12%. The US dollar depreciated against the euro, pound, and the on - shore and off - shore RMB. Gold prices rose, with the London spot gold price rising 1.57% to $3651.10 per ounce, and the COMEX gold futures price rising 1.26% to $3646.30 per ounce. Domestic gold prices also increased, with the Shanghai spot gold rising 2.33% to 830.41 yuan per gram and the futures rising 2.22% to 832.50 yuan per gram [10]

Investment Rating - The report maintains an "Overweight" rating for the industry [2] Core Insights - NVIDIA launched the NVIDIA Rubin CPX, a new specialized GPU designed for long-context inference and video generation applications, featuring 128GB memory and 30 PFLOPS computing power, which significantly enhances performance for AI inference tasks [7] - Oracle reported a 12% year-on-year revenue growth for Q1 FY2026, with a substantial increase in contract totals, indicating strong demand for cloud infrastructure and AI computing capabilities [7] - The report emphasizes the importance of capital expenditure in the AI server market, suggesting that the supply chain for GPU chips may experience longer lead times due to increased demand [7] Summary by Sections Market Review - The Shanghai Composite Index closed at 3812.51 points with a weekly decline of 1.18%, while the Shenzhen Component Index and the ChiNext Index showed mixed performance [7] NVIDIA Rubin CPX Launch - The Rubin CPX GPU is built on the NVIDIA Rubin architecture, optimized for AI inference tasks, particularly for handling large context sizes exceeding 1 million tokens [7] - The single-machine AI performance reaches 8 EFLOPS, with 100TB fast memory and 1.7 PB/s memory bandwidth, enhancing the overall AI application performance [7] - The platform is expected to yield a 30-50 times return on investment, translating to up to $5 billion in token revenue for every $100 million in capital expenditure [7] Oracle's Financial Performance - Oracle's total revenue for Q1 FY2026 was $14.9 billion, with a 12% year-on-year increase, driven by significant contract signings [7] - The company's cloud infrastructure business is projected to grow by 77% this fiscal year, reaching $18 billion, with expectations of $144 billion in revenue by FY2030 [7] Investment Opportunities - The report suggests focusing on sectors such as PCB, ODM, AIOT, and AIDC for potential investment opportunities during market corrections [8] - Specific companies to watch include Shenghong Technology, Huitian Technology, and others involved in PCB and AI server supply chains [9]

Group 1 - NIO's new flagship SUV model ES8 features an innovative pressure-sensitive car emblem button design, allowing users to open the front trunk by lightly pressing the emblem or tapping the front cover [1] - The pressure-sensitive car emblem technology is provided by GoerTek, utilizing a piezoelectric ceramic system that integrates 14 layers of ultra-thin piezoelectric ceramic sheets to accurately detect pressure and provide mechanical feedback [2] - The technology operates based on the "direct piezoelectric effect" and "inverse piezoelectric effect," enabling a rapid response time in milliseconds for user interactions [2] Group 2 - GoerTek has also developed a "Lingxi Island" central control interactive product for NIO, which supports multimedia control and reflects a trend towards reducing physical buttons in automotive interior design [4] - The integration of haptic feedback smart surfaces is expected to become a new trend in automotive interiors, with potential applications in door panels, steering wheels, and central consoles [4] - GoerTek is expanding its presence in the automotive electronics sector, providing comprehensive solutions from components to systems, focusing on enhancing the intelligence of future mobility experiences [6]

Group 1 - The electronic industry topped the market with a net buying amount of 6.976 billion, with CATL alone accounting for 1.021 billion in net financing [1] - The market is experiencing an "external leverage market," characterized by the principle of "the strong get stronger" while most retail investors remain unaware [3] - The current market lacks policy guidance, leading to news becoming a mere catalyst rather than a guiding force for stock prices [4] Group 2 - Institutions manipulate the market dynamics, as seen in the case of Huiwei Technology during the "9.24" market event, where institutional activity levels indicated a strategy of waiting for retail investors to panic [5][7] - In the case of Huadong Shares, despite a generally rising market, the stock continued to decline due to a lack of institutional participation, demonstrating that positive news does not guarantee price increases [8][10] - Retail investors should focus on quantitative data analysis rather than superficial market indicators, as understanding the true behavior of funds is crucial for making informed investment decisions [11]