Market Overview - The market experienced fluctuations with the Shanghai Composite Index adjusting while the ChiNext Index saw a pullback after a rise. The total trading volume in the Shanghai and Shenzhen markets reached 1.14 trillion yuan, an increase of 56.2 billion yuan compared to the previous trading day. Over 3,400 stocks declined, indicating a mixed performance across the market [1] - AI hardware stocks surged again, with companies like Zhongji Xuchuang reaching new historical highs. AI application stocks also strengthened, with Yidian Tianxia hitting the daily limit. Innovative drug concept stocks remained active, with companies like Kangyuan Pharmaceutical also hitting the daily limit [1] AI Industry - The AI industry chain saw a comprehensive breakout, particularly in computing power hardware, with companies such as Zhongji Xuchuang, Xinyisheng, and Dongshan Precision reaching new historical highs [1] - The number of personal users registered for large model applications exceeded 3.1 billion, with API call users totaling over 159 million, indicating significant growth in AI application usage [25] Innovative Pharmaceuticals - Innovative drug stocks continued to be active, with notable gains from companies like Kangyuan Pharmaceutical, Gongtong Pharmaceutical, and Dexuan Health, among others [13] - A significant licensing agreement was announced between Shiyao Group and Madrigal Pharmaceuticals, with a total transaction value potentially reaching 2.075 billion USD, highlighting the growing cash flow for domestic innovative pharmaceutical companies [15] Assisted Reproductive Technology - The assisted reproductive sector saw strong performance, with stocks like Gongtong Pharmaceutical and Hancheng Group hitting the daily limit. The Beijing government has introduced measures to enhance reproductive health services, which may further support this sector [4][35] - The Beijing Municipal Government's new policies aim to improve housing support for families with multiple children, which may indirectly benefit the assisted reproductive technology market [42] Market Sentiment - The overall market sentiment remains structurally differentiated, with the three major indices showing mixed results. The focus should remain on core hotspots, particularly in AI and innovative pharmaceuticals, while seeking opportunities for supplementary gains [15]

今天上午，市场显著分化。AI、医药股走强，周期、消费、金融等板块回调。 医药股方面，创新药板块继续领涨，舒泰神、特宝生物、福元医药等个股大涨，盘中股价创历史新高。 截至上午收盘，上证指数下跌0.68%，深证成指下跌0.45%，创业板指上涨0.43%。 算力产业链上涨 今天上午，算力产业链上涨，液冷服务器、光模块、铜缆高速连接等板块上涨。新易盛、胜宏科技、中 际旭创、工业富联、鼎通科技、沪电股份、东山精密、生益电子、天孚通信等个股盘中股价创历史新 高。 AI方面，算力产业链领涨，新易盛、胜宏科技、中际旭创、工业富联等多只大市值龙头股上涨，盘中 股价均创历史新高。其中，工业富联（601138）上涨8.64%，盘中一度涨停，总市值突破7000亿元，为 7042.2亿元。 当地时间7月30日，微软发布截至2025年6月30日的2025财年第四财季业绩。微软第四财季营收为764亿 美元，同比增长18%；净利润为272亿美元，同比增长24%。 微软表示，考虑到对云和人工智能产品的强劲需求以及大量合同积压，公司将继续在资本支出和运营费 用方面进行投资，预计2026财年第一财季的资本支出将超过300亿美元。 中信建投表示，算 ...

今天上午，市场显著分化。AI、医药股走强，周期、消费、金融等板块回调。 AI方面，算力产业链领涨，新易盛、胜宏科技、中际旭创、工业富联等多只大市值龙头股上涨，盘中股价均创历史新高。其中，工业富联（601138）上 涨8.64%，盘中一度涨停，总市值突破7000亿元，为7042.2亿元。 医药股方面，创新药板块继续领涨，舒泰神、特宝生物、福元医药等个股大涨，盘中股价创历史新高。 截至上午收盘，上证指数下跌0.68%，深证成指下跌0.45%，创业板指上涨0.43%。 算力产业链上涨 当地时间7月30日，微软发布截至2025年6月30日的2025财年第四财季业绩。微软第四财季营收为764亿美元，同比增长18%；净利润为272亿美元，同比增 长24%。 微软表示，考虑到对云和人工智能产品的强劲需求以及大量合同积压，公司将继续在资本支出和运营费用方面进行投资，预计2026财年第一财季的资本支 出将超过300亿美元。 今天上午，算力产业链上涨，液冷服务器、光模块、铜缆高速连接等板块上涨。新易盛、胜宏科技、中际旭创、工业富联、鼎通科技、沪电股份、东山精 密、生益电子、天孚通信等个股盘中股价创历史新高。 受益于公司业绩超预期 ...

Market Overview - The market showed mixed performance with the Shanghai Composite Index and Shenzhen Component Index both declining, while the ChiNext Index saw a slight increase [2] - As of the midday close, the Shanghai Composite Index was at 3591.26 points, down 0.68%, the Shenzhen Component Index at 11152.77 points, down 0.45%, and the ChiNext Index at 2377.84 points, up 0.43% [2] - Overall, there were more declining stocks than advancing ones, with over 3400 stocks falling [2] Sector Performance - The assisted reproduction sector saw significant gains, with stocks like Gongtong Pharmaceutical and Lide Man hitting the daily limit [2][4] - AI computing-related stocks performed strongly, particularly in the liquid cooling server segment, with multiple stocks reaching the daily limit [2][3] - The innovative drug sector also experienced a rise, with Nanjing New Pharmaceutical hitting the daily limit [2] - Conversely, the steel sector faced a downturn, with notable declines in several stocks [2] - Coal stocks were down, led by Antai Group, while the oil and gas extraction sector also weakened [2] AI Applications - AI applications are expanding through various platforms, with over 3.1 billion registered personal users and 159 million API call users [3] Assisted Reproduction - The Chinese government is implementing a nationwide reimbursement policy for assisted reproductive technologies, expected to benefit over 1 million people in 2024 [4] - Additional measures include the inclusion of pain relief during childbirth in reimbursement policies, aimed at reducing the financial burden on pregnant women [4] Game Market - The domestic gaming market achieved record sales of 168 billion yuan in the first half of the year, marking a 14.08% year-on-year increase, with user numbers reaching 679 million [7] Housing Support Policies - Beijing is enhancing support for families with multiple children in housing, including increased loan limits for housing provident funds and priority in public rental housing allocation [8] Institutional Insights - Financial institutions note a recovery in the A-share market, driven by effective policy measures and an increase in new individual investor accounts, indicating growing market confidence [9]

三大指数涨跌不一，截至午盘收盘，沪指跌0.68%，深成指跌0.45%，创业板指涨0.43%，北证50指数涨0.12%，沪深京三 市成交额11578亿元，较上日放量556亿元。两市超3400只个股下跌。 板块题材上，智谱AI、液冷服务器、辅助生殖板块走高，钢铁、煤炭板块调整。 盘面上，智谱AI板块震荡走强，易点天下20CM涨停。液冷服务器板块全线走强，思泉新材20CM涨停，英维克、淳中科技 等涨停封板。辅助生殖板块持续走强，共同药业20CM涨停，汉商集团涨停封板。钢铁板块调整，重庆钢铁跌超5%。煤炭板块 全线走低，板块内全线飘绿，安泰集团跌超5%。 ...

海通国际近期研报指出，国内辅助生殖需求有望迎来拐点，政策红利逐步释放。中国平均生育年龄已接 近30岁，高龄产妇占比持续提升，对辅助生殖技术需求显著增加。2023-2025年辅助生殖纳入医保从区 域试点扩展至全国，政策落地后需求释放可期。同时，该行认为行业供给侧格局趋稳，牌照发放收紧， 公司作为民营辅助生殖龙头，有望通过三代试管婴儿牌照等技术优势和案例积累，优先承接增量需求。 本文源自：智通财经网 智通财经获悉，锦欣生殖(01951)盘中涨超8%，截至发稿，涨7.1%，报3.47港元，成交额6.41亿港元。 消息面上，7月30日，国务院新闻办公室举行新闻发布会，介绍育儿补贴制度及生育支持措施有关情 况。国家医疗保障局待遇保障司副司长刘娟介绍，全国31个省（区、市）及新疆兵团全面将辅助生殖技 术纳入报销，2024年已有超100万人次享受待遇，助力万千家庭圆了"生育梦"。此外，财政部社会保障 司司长郭阳介绍，按照部署，中央财政将设立共同财政事权转移支付项目"育儿补贴补助资金"，今年初 步安排预算900亿元左右。 ...

人民财讯7月31日电，7月31日早盘，三大指数表现分化，截至午间收盘，沪指跌0.68%，深证成指跌 0.45%，创业板指涨0.43%。盘面上看，辅助生殖概念大涨，共同药业、利德曼等涨停；医药板块走 强，奥翔药业、康缘药业等多只个股涨停；液冷服务器概念走强，英维克二连板；创新药概念、CPO概 念、软件服务板块等涨幅居前；周期股走弱，煤炭、钢铁、石油、有色等板块跌幅居前，水产品概念、 房地产、电力、保险等也走弱。全市场半日成交金额逾1.1万亿元，超3400只个股下跌。 转自：证券时报 MACD金叉信号形成，这些股涨势不错！ ...

Market Overview - The three major A-share indices showed mixed results, with the Shanghai Composite Index down 0.68% at 3591.26 points, the Shenzhen Component Index down 0.45%, and the ChiNext Index up 0.43% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 115.78 billion yuan, an increase of 55.6 billion yuan compared to the previous day, with over 3400 stocks declining [1] Sector Performance - The assisted reproductive technology sector saw significant gains, with companies like Gongtong Pharmaceutical and Lide Man hitting the daily limit up [1] - The liquid cooling server concept stocks performed strongly, with Suiquan New Materials hitting the daily limit up, along with Yingweike and Chunz中科技 [1] - CPO concept stocks surged, with Huilv Ecology and Cambridge Technology hitting the daily limit up, while Zhongji Xuchuang and Xinyi Sheng reached historical highs [1] - The innovative drug sector became active again, with Aoxiang Pharmaceutical and Kangyuan Pharmaceutical hitting the daily limit up [1] - The AI intelligent agent concept saw collective strength, with Yidian Tianxia, Yongyou Network, and Nanxing Shares hitting the daily limit up, and Baidu testing the opening of intelligent agent application entry on its search homepage [1] Declining Sectors - Cyclical sectors such as steel, coal, oil and gas, and non-ferrous metals experienced declines, with Anyang Steel, Baosteel, and Antai Group dropping over 5% [1]

金十数据7月31日讯，A股三大股指早盘分化，沪指、深证成指探底跌逾1%，创业板指水上震荡，一度 涨逾1%。截至中午收盘，沪指跌0.68%，深证成指跌0.45%，创业板指涨0.43%；沪深两市半日成交额 超1.1万亿，超3200只个股下挫。盘面上，辅助生殖、AI硬件板块走强，创新药板块延续强势；小金 属、煤炭、钢铁等周期股表现疲软领跌大盘，影视院线板块结束连涨开启回调。 A股午评：三大股指走势分化创业板指收涨0.43% AI硬件板块领涨大盘 ...

A股三大指数涨跌不一，截至午盘收盘，沪指跌0.68%，深成指跌0.45%，创业板指涨0.43%，北证50指数涨0.12%，沪深京三市成交额 11578亿元，较上日放量556亿元。两市超3400只个股下跌。 【3连板】 中化装备（600579）、安正时尚（603839）。 【2连板】 德展健康（000813）、汇绿生态（001267）、胜通能源（001331）、奇正藏药（002287）、英维克、珠江股份 （600684）、南新制药。 最强风口榜： NO.1 【华为概念】 板块内11家涨停，2只连板股，最高连板数为4天2板，涨停股代表：英维克、南兴股份（002757）。 NO.2 【机器人概念】 板块内9家涨停，2只连板股，最高连板数为9天8板，涨停股代表：南方路机、中化装备。 NO.3 【创新药】 板块内8家涨停，5只连板股，最高连板数为3天2板，涨停股代表：德展健康、奇正藏药。 板块题材上，智谱AI、液冷服务器、辅助生殖板块走高，钢铁、煤炭板块调整。 盘面上，智谱AI板块震荡走强，易点天下（301171）20CM涨停。液冷服务器板块全线走强，思泉新材（301489）20CM涨停，英维克 （002837）、淳中 ...