10月22日，震有科技涨5.03%，截至发稿，报30.70元/股，成交2.14亿元，换手率3.71%，总市值59.11亿 元。 数据显示，永赢基金旗下1只基金位居震有科技十大流通股东。永赢高端装备智选混合发起A （015789）二季度新进十大流通股东，持有股数101.52万股，占流通股的比例为0.53%。根据测算，今 日浮盈赚取约149.24万元。 永赢高端装备智选混合发起A（015789）成立日期2022年7月15日，最新规模1.13亿。今年以来收益 20.01%，同类排名4288/8160；近一年收益18.72%，同类排名4216/8026；成立以来亏损11.01%。 永赢高端装备智选混合发起A（015789）基金经理为张璐。 截至发稿，张璐累计任职时间6年84天，现任基金资产总规模154.13亿元，任职期间最佳基金回报 124.46%， 任职期间最差基金回报-60.31%。 从基金十大重仓股角度 数据显示，永赢基金旗下1只基金重仓震有科技。永赢高端装备智选混合发起A（015789）二季度增持 28.84万股，持有股数101.52万股，占基金净值比例为4.79%，位居第六大重仓股。根据测算，今日浮盈 赚取 ...

每经AI快讯，10月22日，A股中际旭创成交额达100亿元，现涨3.59%。 （文章来源：每日经济新闻） ...

Core Viewpoint - ST Luton has been named by regulators again for disclosure issues, leading to administrative measures from the Jiangsu Securities Regulatory Bureau and the Shenzhen Stock Exchange [1][2][3] Group 1: Regulatory Actions - On October 20, ST Luton received an administrative regulatory decision from the Jiangsu Securities Regulatory Bureau for failing to timely notify the convening of a shareholders' meeting, resulting in corrective measures and a warning letter issued to the chairman [1] - The Shenzhen Stock Exchange issued a regulatory letter to ST Luton, urging the company to take the issues seriously and implement timely corrections to prevent recurrence [1] Group 2: Previous Violations - In June 2025, ST Luton was previously named for disclosure issues, including significant deficiencies in internal controls regarding the management of company seals and inaccurate information in the 2022 internal control self-assessment report [2] - The company failed to disclose a lawsuit notification and bank account freeze in a timely manner, violating disclosure regulations, with the chairman and other key personnel held responsible [3] Group 3: Internal Control Deficiencies - Legal experts noted that ST Luton's internal controls exhibit significant flaws, with repeated violations in disclosure reflecting a lack of compliance awareness among senior management [3] - The potential for higher-level administrative penalties exists if the company continues to violate regulations within a short timeframe, including fines and possible delisting risks [3]

近期，市场震荡，不少投资者对行情感到动摇或彷徨。 ▲图片来源：截图自学习时报电子版 实际上，健康的股市不仅关乎投资回报，更与每个人的消费信心和经济活力息息相关。 10月20日《学习时报》刊登的两篇文章，深入阐述了资本市场与消费增长之间的内在联系，为我们理解股市上涨的意义提供了重要视角。 股市的稳步上涨，能够直接提升居民的财产性收入，增强消费能力。居民的消费决策，不仅基于当期收入，更取决于长期财富预期。当股票、基金等 金融资产价值增长时，会产生显著的财富效应，从而更愿意消费。 同时，资产增值还会产生信心效应，减少人们对未来的担忧，激发在高端消费、教育培训、休闲旅游等领域的支出意愿。 除了直接提升消费能力，健康的资本市场为企业提供了直接融资渠道，支持企业加大研发投入、扩大优质产能。 更重要的是，股市作为经济的"晴雨表"，其稳健表现传递着宏观经济向好的积极信号。当投资者看到股市企稳回升，会对未来经济前景形成乐观预 期，这种信心会直接转化为消费意愿的提升。 总体来说，资本市场的稳健运行，不仅关乎投资回报，更是夯实老百姓(603883)消费底气、激发经济内生动力的重要支撑。 上述文章中，达哥认为有一句话值得收藏：资本市 ...

值得注意的是，制造业企业成为信托理财的重要支持者。除了海信家电，作为一家从事黑色金属冶 炼及压延加工的优、特钢生产企业，沙钢股份年内以4亿元认购金额位居第三，信托公司涵盖中粮信 托、百瑞信托等；方大特钢以3亿元认购金额位居第八，其购买的产品是"外贸信托—信诚8号集合资金 信托计划"。上述公司选择的信托产品大部分为央企国企背景信托公司发行的固收类产品，期望保障收 益的稳定性。 科技领域企业则多采取小额分散策略。 近日，《金融时报》记者关注到，"家电巨头"海信家电宣布，2025年5月27日至10月13日期间，公 司及附属空调营销公司、古洛尼公司及冰箱营销公司（作为认购方）订立金谷信托理财协议，以认购金 谷信托理财产品，认购金额为人民币17.39亿元。 事实上，海信家电早已是上市公司购买信托理财的"老面孔"，无论从认购次数还是金额来看，均在 上市公司中遥遥领先。 根据记者梳理，截至10月16日，海信家电今年发布了13次理财产品认购公告，总金额合计达272.07 亿元。除了银行理财与保险理财，在13次理财认购中，信托占比达61.5%，累计认购金额超过160亿 元，涉及金谷信托、华能信托、西部信托、中粮信托、百瑞信托5 ...

Market Performance - On October 21, A-shares saw collective gains across major indices, with the Shanghai Composite Index rising by 1.36% to 3916.33 points, the Shenzhen Component increasing by 2.06% to 13077.32 points, and the ChiNext Index climbing by 3.02% to 3083.72 points [2][3] - The total trading volume in the Shanghai and Shenzhen markets reached 1.8927 trillion yuan, an increase of 141.4 billion yuan compared to the previous day, with over 4600 stocks rising [2] International Market Overview - In the U.S. stock market, the Dow Jones Industrial Average rose by 0.47% to 46924.74 points, while the S&P 500 saw a slight increase of 0.22% to 6735.35 points, and the Nasdaq Composite fell by 0.16% to 22953.67 points [4][5] - European markets also experienced gains, with the FTSE 100 up by 0.25%, the CAC 40 rising by 0.64%, and the DAX increasing by 0.29% [4][5] Commodity Prices - International oil prices saw a slight increase, with WTI crude oil rising by 0.52% to $57.82 per barrel and Brent crude oil increasing by 0.51% to $61.32 per barrel [4] - Conversely, international gold prices experienced a significant drop, with COMEX gold futures falling by 5.07% to $4138.50 per ounce, marking one of the largest single-day declines since April 2013 [4][5] Key Economic Developments - The Chinese Ministry of Commerce held a video conference discussing key trade issues with the EU, emphasizing the importance of cooperation and the need to address trade frictions [6] - The Ukrainian President announced readiness to end the conflict with Russia, indicating a potential shift in geopolitical stability [7] Industry Insights - The Ministry of Industry and Information Technology is working on a "Computing Power Standard System Construction Guide" aiming to establish over 50 standards by 2027 to enhance the computing power industry [8] - Guangdong Province has introduced a plan to support the application of intelligent computing power in manufacturing, promoting the development of industrial software and smart equipment [9] Tourism Sector Performance - In the first three quarters of 2025, domestic tourism in China saw 4.998 billion trips, a year-on-year increase of 18.0%, with total spending reaching 4.85 trillion yuan, up 11.5% from the previous year [10] Institutional Perspectives - Zhongyin International noted that the current market is experiencing style rotation rather than a complete style switch, suggesting a potential "spring rally" could begin as early as December [11] - Tianfeng Securities indicated that market behavior in the fourth quarter may become more conservative, with a focus on large-cap blue chips reflecting a shift in investor risk appetite [12] Company Announcements - China Telecom reported a net profit of 30.8 billion yuan for the first three quarters, representing a year-on-year growth of 5% [13] - Other companies such as Wanchen Group and Xinjian Union reported significant profit increases, while Wen's shares saw a notable decline in net profit [14]

Group 1 - The report highlights that Guoshield Quantum has achieved significant revenue growth, with a 90.27% year-on-year increase in revenue for the first three quarters of 2025, leading to a substantial reduction in losses [3][4] - The company’s revenue for Q3 2025 reached 68.36 million yuan, marking a 126.52% increase year-on-year, while the net profit attributable to shareholders narrowed to a loss of 2.68 million yuan [3][4] - The quantum computing sector is entering a phase of rapid expansion, with major players like Google and IBM launching quantum computing cloud services, and the global quantum computing market projected to grow from 5.037 billion USD in 2024 to 21.998 billion USD by 2030 [5][6] Group 2 - Lianlong's revenue for the first three quarters of 2025 was 4.509 billion yuan, reflecting a year-on-year increase of 5.72%, while net profit attributable to shareholders rose by 24.92% to 392 million yuan [12][13] - The company’s Q3 2025 performance showed a strong year-on-year growth in net profit of 60.83%, driven by stable demand for anti-aging agents and lubricating oil additives [14][15] - The report indicates that the AI industry is expected to drive demand for anti-aging agents and lubricating oil additives, particularly in data centers and robotics [16] Group 3 - The coal industry saw a 1.8% year-on-year decline in raw coal production in September 2025, although the decline was less severe than in August, indicating a gradual recovery [18][20] - Electricity production in September 2025 showed a stable growth of 1.5% year-on-year, with significant increases in hydropower generation [19][20] - The report notes that the coal price has slightly increased in September, with the average price for Qinhuangdao 5500 kcal coal remaining stable compared to August [26][27] Group 4 - The cloud computing industry is transitioning towards intelligence, with the IaaS market expected to reach nearly 800 billion yuan by 2029, driven by AI applications [28][30] - Major cloud providers are increasing capital expenditures significantly to enhance AI infrastructure, with Microsoft’s AI services contributing 16 percentage points to Azure's growth in Q2 2025 [31][32] - The report emphasizes that AI is becoming the core driver of growth in the cloud computing sector, with a shift in focus from infrastructure to application layers [34]

Group 1 - China's GDP grew by 5.2% year-on-year in the first three quarters, exceeding the government's target of around 5% [1] - The Producer Price Index (PPI) showed a narrowing decline for the second consecutive month in September, indicating improved market conditions [1] - The turnover of goods and passengers increased by 4.8% and 4.4% respectively, reflecting a recovery in economic vitality [1] Group 2 - High-tech manufacturing value added increased by 9.6% year-on-year, with significant growth in industrial robots (29.8%), 3D printing equipment (40.5%), and industrial control computers (98.0%) [2] - The stock trading volume in the Shanghai and Shenzhen markets rose by 106.8% year-on-year, contributing to the "innovation bull" phenomenon [2] - 74.4% of the 125 listed companies that disclosed their Q3 reports achieved year-on-year net profit growth [2] Group 3 - Strong performance was noted in technology sectors such as semiconductors, artificial intelligence, and consumer electronics, supporting the capital market's "innovation bull" [3] - Notable companies like Cambricon reported a revenue increase of 2386.38% year-on-year, while CATL saw revenue and profit growth of 12.9% and 41.21% respectively [3] - Morgan Stanley's report indicated that the financial system's risk clearance is nearing completion, with improvements in credit growth and corporate liquidity [3] Group 4 - Despite a slowdown in growth, structural and endogenous factors are improving, indicating stronger future economic momentum [4] - There is a need to accelerate the implementation of existing policies to foster domestic demand and promote new productive forces [4] - The focus should be on transitioning from old to new economic drivers while maintaining macroeconomic stability [4]

Group 1 - China's GDP grew by 5.2% year-on-year in the first three quarters, exceeding the government's target of around 5% and laying a solid foundation for achieving the annual goal [1] - The Producer Price Index (PPI) showed a narrowing decline for the second consecutive month in September, while the core Consumer Price Index (CPI) rose by 1.0%, indicating improved market vitality [1] - The turnover of goods and passengers increased by 4.8% and 4.4% year-on-year respectively, reflecting the positive impact of market governance on economic recovery [1] Group 2 - The value added of high-tech manufacturing above designated size increased by 9.6% year-on-year, with significant growth in industrial robots (29.8%), 3D printing equipment (40.5%), and industrial control computers (98.0%) [2] - The value added of digital product manufacturing above designated size grew by 9.7% year-on-year, indicating a strong development of new productive forces [2] - The stock trading volume in the Shanghai and Shenzhen markets increased by 106.8% year-on-year, contributing to the "innovation bull" phenomenon [2] Group 3 - Performance improvements were noted in technology companies, particularly in sectors such as semiconductors, artificial intelligence, and consumer electronics, aligning with macroeconomic structural trends [3] - Leading companies like Cambricon Technologies reported a revenue of 4.607 billion yuan, a year-on-year increase of 2386.38%, while CATL saw revenue and profit growth of 12.9% and 41.21% respectively [3] - Morgan Stanley's report indicated that the risk clearing in China's financial system is nearing completion, with industrial profits gradually improving and PPI's year-on-year decline continuing to narrow [3] Group 4 - Despite a slowdown in growth, structural and endogenous factors are improving, suggesting stronger momentum for the economy [4] - There is a need to accelerate the implementation of existing policies, cultivate domestic demand, and effectively address irrational market competition to promote the transition between new and old growth drivers [4]

近日，国家统计局发布我国三季度经济数据，同时上市公司也正集中发布三季度业绩。两组数据正在相 互印证我国科技创新、反"内卷式"竞争等一系列政策正在改善经济微观活力与动力，也显示出我国经济 发展模式正在加快转变。 前三季度，我国国内生产总值同比增长5.2%，比上年全年和上年同期分别加快0.2、0.4个百分点。高于 今年政府工作报告提出的5%左右的增长目标，为全年实现既定目标打下坚实的基础。 随着纵深推进全国统一大市场建设、综合整治"内卷式"竞争，市场竞争秩序得到改善，货物、人员、资 金等要素流动加快。9月份，工业生产者出厂价格指数(PPI)同比降幅连续第2个月收窄，核心CPI9月上 涨1.0%，涨幅连续5个月扩大。前三季度，货物、旅客周转量同比分别增长4.8%、4.4%，这显示出市场 治理正在促进经济活力恢复。 数据同样也显示，我国创新"势能"向经济"动能"不断转化。前三季度，规模以上高技术制造业增加值同 比增长9.6%。其中，工业机器人、3D打印设备、工业控制计算机及系统产量分别增长29.8%、40.5%、 98.0%。以人工智能为代表的新质生产力加快发展，前三季度，规模以上数字产品制造业增加值同比增 长9.7 ...