美联储年内如期3次降息，美股再度出现狂欢派对，离历史新高近在咫尺，这样的走势无疑带动全球金融市场集体大涨。反观A股完全不受外围上涨的影 响，始终是走自己的路，12月份开始进入到"跟跌不跟涨"的局面，机构资金开始选择更优赛道进行投资，"喊口号"的现象此起彼伏。A股市场进入到新一轮 的题材效应中，大盘类个股对市场有所拖累，这里可以开始关注中小创题材热点的超跌反弹机会，60日新低的个股数量大幅度增多。 三大指数集体高开，两市开盘超3500股下跌，题材板块方面风电设备、贵金属、电池等板块表现较强，林业、渔业、体育等板块表现较差。CPO概念盘中再 度活跃，富信科技20cm涨停，赛微电子、新易盛盘中双双创历史新高，仕佳光子、光库科技等多股涨幅靠前，根据TrendForce集邦咨询最新研究，高速互联 技术成为决定AI数据中心效能上限与规模化发展的关键。2025年全球800G以上的光收发模块达2400万支，2026年预估将会达到近6300万组，成长幅度高达 2.6倍。 骑牛看熊发现次新股之前要是连续下跌，技术指标上就可能出现底背离的情况。就好像皮球一直往下落，落到一定程度就会反弹一样，次新股在技术上就有 了短期反弹的需求。到 ...

Core Viewpoint - The renewable energy sector is experiencing significant growth, with various sub-sectors such as energy storage, controllable nuclear fusion, ultra-high voltage, and photovoltaic equipment showing strong performance in the market [1][4][9]. Group 1: Market Performance - Renewable energy concept stocks surged in the morning session, with the wind power equipment sector leading the gains, and the sector index rising over 3% [4]. - The A-share market showed slight fluctuations, with the Shanghai Composite Index around 3882.72, down 0.46%, and the ChiNext Index slightly up by 0.30% [2][3]. - Over 4300 stocks declined, but trading volume remained stable [1]. Group 2: Sector Highlights - The energy storage, controllable nuclear fusion, ultra-high voltage, and photovoltaic equipment sectors also saw significant increases, with companies like Xingyuan Environment hitting a 20% limit up shortly after opening [6][9]. - The global wind energy council predicts that by 2030, the global wind power installed capacity is expected to reach 981 GW, with an annual addition of 164 GW, reflecting a compound annual growth rate of 8.8% [8]. - The International Energy Agency states that by 2030, new photovoltaic installations will account for 70% of all new power sources, driven by declining costs and emerging markets [9]. Group 3: Storage and Silver Market Insights - In the storage sector, domestic installations reached 31.77 GW/85.11 GWh in the first three quarters of 2025, maintaining a high growth rate of 19.3% (power) and 28.41% (capacity) year-on-year [9]. - The silver market is also experiencing a surge, with international silver prices recently breaking $62 per ounce, marking a significant increase of over 114% this year [10]. - The World Silver Association highlights the growing demand for silver in digitalization and AI applications, as well as in solar energy and electric vehicles, indicating its critical role in high-growth industries [10].

Core Viewpoint - The renewable energy sector is experiencing significant growth, with various sub-sectors such as energy storage, controllable nuclear fusion, ultra-high voltage, and photovoltaic equipment showing strong performance in the market [1][3][5]. Renewable Energy Sector - Renewable energy concept stocks surged in the morning session, particularly in wind power equipment, which led the gains with the sector index rising over 3% [3]. - Major companies like Goldwind Technology and others saw substantial increases, with Goldwind hitting the daily limit [3][5]. - The global wind energy council predicts that by 2030, the global wind power installed capacity is expected to reach 981 GW, with an annual addition of 164 GW, reflecting a compound annual growth rate of 8.8% [7]. Photovoltaic and Energy Storage - The International Energy Agency states that by 2030, new photovoltaic installations will account for 70% of all new power sources, driven by declining costs and emerging markets [8]. - In the first three quarters of 2025, domestic energy storage installations in China reached 31.77 GW/85.11 GWh, maintaining a high growth rate with a year-on-year increase of 19.3% in power and 28.41% in capacity [8]. - The market for energy storage is expected to exceed expectations, with significant orders being signed for large-scale storage projects [8]. Precious Metals Sector - Precious metal stocks opened strongly, with the sector index rising over 3% in the morning [9]. - The international silver price has recently surged, with the London silver spot price exceeding $62 per ounce, marking a historical high and a year-to-date increase of over 114% [9]. - The World Silver Association highlights the growing demand for silver in digitalization and artificial intelligence applications, as well as in solar energy and electric vehicles, indicating its critical role in high-growth industries [9].

Core Viewpoint - The renewable energy sector is experiencing significant growth, with various sub-sectors such as energy storage, controllable nuclear fusion, ultra-high voltage, and photovoltaic equipment showing strong performance in the market [1][3][5]. Renewable Energy Sector - Renewable energy concept stocks surged in the morning session, particularly in wind power equipment, which led the gains with an index increase of over 3% [3][10]. - The global wind energy council predicts that by 2030, the global installed capacity for wind energy is expected to reach 981 GW, with an annual addition of 164 GW, reflecting a compound annual growth rate of 8.8% [5][14]. - The International Energy Agency states that by 2030, new photovoltaic installations will account for 70% of all new power sources, driven by declining costs and emerging markets [14][15]. - Domestic energy storage installations reached 31.77 GW/85.11 GWh in the first three quarters of 2025, maintaining a high growth rate with a year-on-year increase of 19.3% (power) and 28.41% (capacity) [14][15]. Silver Market - The silver market has seen continuous price increases, with the London silver spot price surpassing $62 per ounce, marking a historical high and a year-to-date increase of over 114% [6][15]. - The World Silver Association highlights that the demand for silver is rising due to its critical role in digitalization and artificial intelligence applications, particularly in data centers and electric vehicles [7][16]. - The domestic silver futures market also experienced significant gains, with prices rising over 4% in a single session, contributing to a nearly 93% increase over the past year [6][15].

港股恒生指数涨0.09%，涨22点，报25563亿；恒生科技指数跌0.65%。港股早盘成交953亿港元。 第十届海上风电工程技术大会在武汉举行，风电股设备早盘走强。金风科技（002202）(02208)涨 6.98%%，东方电气（600875）(01072)涨4.67%。 宁德时代（300750）(03750)涨2.33%，再获4GWh储能大单，印尼工厂可扩产至超15GWh。 长飞光纤（601869）光缆(06869)涨3%，公司配股净筹超22亿港元，用于发展海外业务。 易鑫集团(02858)再涨超6%，本周已涨超20%，公司成功纳入港交所科技100指数。 汇量科技(01860)涨超6%，公司规模效应逐步显现，机构看好AI持续赋能广告业务。 先瑞达医疗-B(06669)盘中涨超3%，近日微导管V-otter注册申请获批。 昭衍新药（603127）(06127)再涨超3%，实验猴价格迎来暴涨，供需缺口或持续放大。 一拖股份（601038）(00038)再涨2%，公司有望受益农机设备升级，出口业务占比有望扩大。 内房股普遍回落。雅居乐集团(03383)跌超6%，世茂集团(00813)跌超4%。 红星美凯龙（601 ...

注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不 预示未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参 考，不构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险 等级相匹配的产品。基金有风险，投资需谨慎。 华福证券指出，美国对中国光伏关键设备关税豁免期限延长一年，为中国光伏企业维持对美出口提 供了关键缓冲期。电力设备方面，攀西特高压或批准计划明年开工，总投资231亿元；甘肃—浙江 ±800kV特高压输电工程取得关键进展，预计投运后每年可为浙江输送超360亿千瓦时电能，其中新能源 占比超50%。风电领域，中国风电企业全球竞争力不断增强，中国电建2026年风机框架招标量同比增加 40%，对风电装机预期乐观。储能行业迎来发展机遇，11月国内储能系统均价小幅下降，独立储能占比 近九成，储能设施正式纳入REITs范围将破解融资瓶颈。氢能领域，国家能源集团3.73亿液氢项目获批 建设，能源局公布首批41个氢能试点项目，产业加速发展。 碳中和50ETF（159861）跟踪的是环保50指数（930614），该指数从沪深 ...

Market Overview - The A-share market experienced volatility with a "V-shaped" reversal on Wednesday, driven by a surge in a leading real estate company's stock, which boosted market sentiment [2][10] - The current market is characterized by technical resistance above and policy support below, indicating a likely path of repeated fluctuations and potential upward movement [2][10] - Recent data from the National Bureau of Statistics shows a 0.7% year-on-year increase in CPI for November, suggesting marginal improvement in domestic demand [2][10] Sector Analysis Precious Metals - The precious metals sector saw significant gains, attributed to factors such as the onset of a Fed rate cut cycle, increased geopolitical tensions, and strong demand from global central banks [6] - The weakening dollar and inflation concerns have led investors to view gold as a hedge against inflation, with rising demand for gold in technology applications further supporting this trend [6] Hainan Free Trade Zone - Stocks related to the Hainan Free Trade Zone were notably active, with multiple stocks hitting the daily limit up. The upcoming full island closure operation on December 18 is expected to enhance market activity [7] - The new policies will allow for freer movement of goods within Hainan while maintaining controlled access from the mainland, which is anticipated to benefit related stocks [7] Real Estate - The real estate sector experienced a rebound, driven by the upcoming discussion on debt restructuring for a leading real estate company and ongoing supportive policies from the government [8] - The industry is expected to see a gradual alleviation of risks, with a focus on high-quality companies that have strong land reserves and are returning to stable growth [8] Investment Strategy - Investors are advised to focus on low-entry opportunities across various sectors, including technology growth (semiconductors, AI themes, robotics), cyclical industries (solar, batteries, chemicals), and dividend stocks (banks, utilities) [3][10] - It is recommended to select stocks with strong earnings support while avoiding high-valuation stocks lacking performance backing [3][10]

华金证券指出，锂电行业需求增长显著，2025年前三季度锂电池出货量超1.2TWh，同比增长 60%，动力与储能电池需求旺盛，材料价格触底回升。固态电池技术迭代加速，政策支持力度加大，预 计2027年实现量产，2030年全球出货量有望达614.1GWh，锂金属负极需求将快速增长。储能行业市场 化进程推进，2025H1国内新型储能装机首次突破100GW，同比+110%，海外AI用电高增推动储能需求 提升。风电行业招标规模景气，海上风电向深远海发展，漂浮式技术加速落地，全球新增装机预计2030 年达36GW。行业整体呈现细分beta（锂电储能、海风增速显著）与科技alpha（核聚变、固态电池、 AIDC）共振的复苏态势。 每日经济新闻 （责任编辑：张晓波 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 新能源车ETF（159806）跟踪的是CS新能车指数（399976），该指数从沪深市场中选取涉及电动 车、 ...

12月11日，A股市场储能概念板块表现强劲，多只个股强势拉升，成为市场关注的热点板块之一。 截至记者发稿，中国天楹（000035）（000035.SZ）、汉缆股份（002498）（002498.SZ）、中利集团（002309） （002309.SZ）等多只储能概念股强势涨停，南都电源（300068）（300068.SZ）涨幅高达13.84%。此外，国机重装 （601399）（601399.SH）、苏文电能（300982）（300982.SZ）、今创集团（603680）（603680.SH）等个股也有不俗 表现，涨幅均超过6%。 | 序号 代码 | | 名称 | ● | 最新 | 涨幅%↓ | 涨跌 | 成交量 | 现手 | 涨速% | 换手% | 成交额 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 300068 | 南都电源 | 1 | 19.25 | 13.84 | 2.34 | 64.50万 | 534 | 0.47 | 7.56 | 12.01亿 | | 2 | 000035 | 中国 ...

「逆势募资10亿人民币。」 「入局」是「暗涌Waves」的固定栏目。它源于我们发现，曾经行之有效的运行模式出现新的挑战，过往自西向东所承袭的行业规则已经被打散。人们亟 待创新与资本的新版图和新秩序。而"入局"则是一种最珍贵的姿态。 「入局」诞生于变局之中。若用一句话总结这个栏目的书写对象：我们希望找到更适应变化环境中的新玩家、新玩法。以下是本栏目的第十四篇文章。 文｜徐牧心 编辑｜陈之琰 久违地，人民币基金募资端也有了好消息。一家水下的市场化的人民币基金在一年内募资金额超10亿。 「暗涌waves」获悉，静水湖创投完成新一期5亿元盲池基金的首关。算上其此前连续设立的S基金、FOF基金以及已在设立流程中的新一支S基金，在不 到12个月的时间内，静水湖创投合计募资金额已超10亿元人民币，静水湖也相继成功引入了元禾辰坤、厦门资本、国联新创、宿城创投以及源铄资本等新 的LP。 在当下的人民币基金市场，这算得上可观的融资规模。而这家在市场上颇为低调的投资机构，更让人值得关注的一点是，其政府引导基金属性的资金被控 制在30%以下，且过去基金的资金来源中，"具有引导性质的钱都没有与强制的前置返投指标与call款挂钩"。 在 ...