2025 年 11 月 24 日 一周市场回顾 证券研究报告-一周市场回顾 分析师：马遥识途 资格证书：S1330524050001 联系邮箱：mayst@hxzb.cn 联系电话：15201282186 相关研究 一 周 市 场 回 顾 （ 2025.11.10 — 2025.11.14） 2025.11.19 一 周 市 场 回 顾 （ 2025.11.03 — 2025.11.07） 2025.11.14 一周市场回顾 （2025.11.17—2025.11.21） A 股市场： ◼ 本周 A 股上证指数下跌 3.90%，收于 3834.89 点，深证成指下跌 5.13%，收于 12538.07 点，创业板指下跌 6.15%，收于 2920.08 点。 一周市场回顾 （ 2025.10.27 — 2025.10.31） 2025.11.03 融资融券： 请务必阅读报告正文后各项声明 1 / 7 市 场 研 究 · 一 周 市 场 回 顾 · 证 券 研 究 报 告 价值风格类板块代表指数上证 50、中证 100、沪深 300 分别下跌 2.72%、下跌 3.88%、下跌 3.77%，成长风格类板块代表指 ...

Market Overview - The A-share market showed a mixed performance today, with the Shanghai Composite Index slightly up by 0.05% closing at 3836.77 points, while the Shenzhen Component Index rose by 0.37% to 12585.08 points. The STAR 50 Index increased by 0.84% to 1296.6 points, and the ChiNext Index gained 0.31% to close at 2929.04 points. Overall, 4228 stocks rose while 1100 stocks fell, with a total trading volume of 17,406 billion yuan, a decrease of 2,379 billion yuan from the previous trading day [1][2]. Industry Performance - Among the Shenwan first-level industries, sectors such as defense and military industry, media, computer, and social services saw significant gains, with increases of 4.31%, 3.49%, 2.41%, and 2.22% respectively. Conversely, industries like petroleum and petrochemicals, coal, banking, and food and beverage experienced declines, with decreases of 1.21%, 1.09%, 0.79%, and 0.56% respectively [1][2]. Concept Sector Performance - The leading concept sectors today included those related to the China Shipbuilding Industry, aircraft carriers, commercial aerospace, military information technology, and satellite internet, among others. Notably, sectors such as lithium mining and salt lake lithium extraction experienced a pullback [2].

Wind实时监测数据显示，国防军工行业获得逾133亿元主力资金净流入，计算机获得逾96亿元净流入，传媒获得逾82亿元净流入，通信获得逾63亿元净流 入。有色金属遭主力资金净流出逾20亿元，公用事业、食品饮料、交通运输均净流出超10亿元。 展望后市，海通国际指出，市场初步调整到位，若反弹力度较强，将有望带动一轮新的行情；若反弹偏弱，则仍需时间继续夯实阶段性底部。看好科技板 块的反弹机会，尤其是回调充分的恒生科技和以国产算力为代表的科创板。在年末均衡配置思路下，低位的消费与地产处于震荡上行阶段，在低估值与政 策预期共振下，板块仍具备上行潜力。 中航证券认为，近期A股缺乏持续性主线，部分机构年内已获得较大盈利，四季度或更倾向于稳健。但从中期来看，本轮经济转型牛的两个核心驱动，即 人工智能科技革命和推动再通胀，二者大方向均未有改变。因此，本轮牛市并未结束，近期外部影响或正在为本轮牛市构建难得的布局机会。建议短期内 关注红利板块，后续外部环境企稳后，春季行情或将提前演绎。 市场热点方面，人工智能概念股午后走强，板块指数放量涨逾2%。品高股份连续第2日20%涨停，股价创历史新高；光云科技、招标股份等亦20cm封板； 蓝色 ...

证券日报网讯新余国科11月24日在互动平台回答投资者提问时表示，截至2025年11月20日，公司股东持 有人数（已合并）为32418户。 （文章来源：证券日报） ...

Market Overview - The Shanghai Composite Index closed at 3836.77 points, up 0.05%, while the Shenzhen Component Index rose 0.37% to 12585.08 points. The ChiNext Index increased by 0.31%, and the STAR Market 50 Index saw a rise of 0.84% [1] Stock Performance - Among the tradable A-shares, 4228 stocks rose, accounting for 77.72%, while 1104 stocks declined, and 108 remained flat. There were 79 stocks that hit the daily limit up, and 36 stocks that hit the limit down [1] - The sectors with the most stocks hitting the limit up included defense and military, computer, and construction decoration, with 11, 9, and 7 stocks respectively [1] Notable Stocks - The top stocks hitting the limit up included: - Changcheng Military Industry (601606) with a closing price of 57.43 yuan and a limit up order volume of 838.58 million shares [1] - Xinhua Du (002264) closed at 8.92 yuan with 4157.73 million shares in limit up orders [1] - GAC Group (601238) closed at 8.36 yuan with 4077.97 million shares in limit up orders [1] - Mingpai Jewelry (002574) closed at 6.47 yuan with 4395.98 million shares in limit up orders, making it the most favored by funds [1] Fund Flow - The stocks with the highest limit up order amounts included: - Changcheng Military Industry with 481.59 million yuan in limit up orders [1] - Xinhua Du with 370.87 million yuan [1] - GAC Group with 340.92 million yuan [1]

Market Overview - On November 24, the Shanghai Composite Index rose by 0.05%, the Shenzhen Component Index increased by 0.37%, and the ChiNext Index went up by 0.31%, while the CSI 300 Index fell by 0.12% [1] - Among the tradable A-shares, 4,228 stocks rose, accounting for 77.72%, while 1,104 stocks declined [1] Capital Flow - The main capital experienced a net outflow of 10.192 billion yuan, marking the seventh consecutive trading day of net outflows [1] - The ChiNext saw a net outflow of 4.922 billion yuan, the Sci-Tech Innovation Board had a net outflow of 1.491 billion yuan, and the CSI 300 constituents faced a net outflow of 6.649 billion yuan [1] Industry Performance - Out of the 11 primary industries, 19 saw gains, with the defense and military industry leading with a rise of 4.31%, followed by the media sector with a 3.49% increase [1] - The industries with the largest capital outflows included electronics, which had a net outflow of 6.708 billion yuan despite a 0.64% increase, and electric equipment with a net outflow of 2.087 billion yuan and a 0.49% rise [2] Detailed Industry Capital Flow | Industry | Daily Change (%) | Capital Flow (billion yuan) | |------------------|------------------|------------------------------| | Defense & Military| 4.31 | 5.466 | | Media | 3.49 | 2.542 | | Textile & Apparel | 0.22 | -0.256 | | Coal | -1.09 | -0.272 | | Electric Equipment| 0.49 | -2.087 | | Electronics | 0.64 | -6.708 | - The top individual stocks with net inflows included BlueFocus, which rose by 15.72% with a net inflow of 1.345 billion yuan, followed by 360 and Great Wall Aerospace with inflows of 1.023 billion yuan and 0.984 billion yuan, respectively [3]

Volatility - A total of 13 stocks in the A-share market experienced a volatility exceeding 20% today, with Meideng Technology, Jianglong Shipbuilding, and Jiuzhiyang leading the list [1] Turnover Rate - There were 7 stocks in the A-share market with a turnover rate exceeding 40% today, with Rongji Software, Southern Road Machinery, and Jianglong Shipbuilding at the forefront [1] Main Capital Flow - Main capital today saw a net inflow into sectors such as defense and military, media, retail, construction decoration, public utilities, and banking, while there was a net outflow from electronics, computers, power equipment, basic chemicals, communications, and biomedicine [1] - The stocks with the highest net inflow included BlueFocus Communication Group, Shengguang Group, Aerospace Development, Dataport, and Midea Group, with net inflows of 1.344 billion, 738 million, 446 million, 397 million, and 347 million respectively [1] - The stocks with the highest net outflow included Xinyi Technology, Zhongji Xuchuang, Industrial Fulian, Rongji Software, and Yidian Tianxia, with net outflows of 1.177 billion, 1.126 billion, 883 million, 878 million, and 835 million respectively [1]

今天的市场，走势颇为震荡，所幸尾盘三大指数均录得上涨。 上天天基金APP搜索777注册即可领500元券包，优选基金10元起投！限量发放！先到先得！ 一起看看发生了什么事情。 A股震荡上涨 11月24日，A股全天震荡，三大指数小幅上涨。截至收盘， 沪指涨0.05%，深成指涨 0.37%，创业板指涨0.31%。 市场共4228只个股上涨，79只个股涨停，1104只个股下跌。 | 880005 涨跌家数 | | | | --- | --- | --- | | 草中 张信 | | 79 | | 涨幅 | > 7% | 174 | | 涨幅 | 5-7% | 178 | | 涨幅 | 3-5% | 685 | | 涨幅 | 0-3% | 3191 | | 跌幅 | 0-3% | 927 | | 跌幅 | 3-5% | 79 | | 跌幅 | 5-7% | 45 | | 跌幅 | > 7% | 53 | | 其中 跌停 | | 34 | | | | 4228 | | | | 1104 | | 上改造数 下载导航 平盘荷牌 总田种数 | | 120 | | | | 6452 | | 道) | | 17403.50 乙 | ...

（文章来源：证券时报网） Choice统计显示，11月24日，沪深两市可交易A股中，上涨个股有4008只，下跌个股有1048只，平盘个 股有103只。不含当日上市新股，共有79只个股涨停，35只个股跌停。从所属行业来看，涨停个股主要 集中在国防军工、计算机、传媒、建筑装饰、轻工制造等行业。 ...

Market Overview - On November 24, A-shares rebounded after hitting a low, with all three major indices closing in the green and over 4,200 stocks rising across the market [1] - The Shanghai Composite Index closed at 3,836.77, up 1.87 points or 0.05%, while the Shenzhen Component Index rose by 47.01 points or 0.37% to 12,585.08 [2] Sector Performance - The military industry sector saw significant gains, with stocks like China Shipbuilding Defense hitting the limit up for two consecutive days and Jianglong Shipbuilding achieving a 20% limit up again [2] - The commercial aerospace concept stocks continued to rise, with ten stocks including Zhongtian Rocket and Aerospace Development hitting the limit up [2] Notable Stocks - Aerospace Hangyu surged by 19.99% to 29.77, while Chenxi Aviation and Beifang Changlong also saw substantial increases of 14.13% and 12.42% respectively [3] - Semiconductor equipment stocks experienced a rebound, with Shenghui Integration hitting the limit up and Zhi Zheng Shares nearing the limit up [4] Declining Sectors - The lithium mining sector faced a downturn, with multiple stocks including Guocheng Mining and Dazhong Mining hitting the limit down, and others like Shengxin Lithium Energy and Rongjie Shares dropping nearly 10% [5][6] Hong Kong Market - The Hong Kong market showed strong recovery, with the Hang Seng Technology Index rising approximately 2.7% [7][8] - Notable stocks such as Kuaishou and Bilibili increased by over 6%, while Alibaba's stock price surged nearly 5%, bringing its total market capitalization to HKD 2.95 trillion [8] AI Developments - Ant Group's AI assistant Lingguang achieved over 2 million downloads within six days, setting a record for the fastest growth in downloads [10] - Alibaba's AI assistant Qianwen also saw rapid adoption, surpassing 10 million downloads within a week, making it the fastest-growing AI application [10][11] Strategic Insights - Huayuan Securities highlighted the resilience of leading internet companies like Alibaba, Tencent, and Meituan, suggesting that their strategic adjustments in organizational structure could provide long-term value [11] - The focus on AI technology development and application remains crucial for industry growth and market transactions, emphasizing the importance of strategic execution in this area [11]