Core Viewpoint - The Shanghai Composite Index fell by 0.40% on November 20, with the total margin financing balance decreasing to 24,917.03 billion yuan, a reduction of 62.37 billion yuan from the previous trading day [1] Margin Financing Overview - As of November 20, the margin financing balance in the Shanghai Stock Exchange was 12,635.55 billion yuan, down by 53.99 billion yuan; in the Shenzhen Stock Exchange, it was 12,203.81 billion yuan, down by 7.34 billion yuan; and in the Beijing Stock Exchange, it was 77.67 billion yuan, down by 1.04 billion yuan [1] - The total margin financing balance across Shanghai, Shenzhen, and Beijing decreased by 62.37 billion yuan [1] Industry Analysis - Among the industries tracked by Shenwan, 11 industries saw an increase in financing balance, with the telecommunications sector leading with an increase of 14.02 billion yuan, followed by the banking and defense industries with increases of 5.39 billion yuan and 4.11 billion yuan, respectively [1] Individual Stock Performance - A total of 1,593 stocks experienced an increase in financing balance, accounting for 42.51% of the total, with 169 stocks seeing an increase of over 5% [1] - The stock with the largest increase in financing balance was Hengguang Co., with a latest financing balance of 98.05 million yuan, reflecting a 52.57% increase, despite a price drop of 6.90% on the same day [1] - Other notable stocks with significant increases in financing balance included Dexin Technology and Inspur Software, with increases of 47.04% and 29.06%, respectively [1] Top Gainers and Losers - Among the top 20 stocks with the largest increase in financing balance, the average price change was an increase of 0.74%, with the highest gainers being Zhengguang Co., Aerospace Development, and Delijia, with increases of 20.01%, 9.98%, and 8.54%, respectively [2] - Conversely, Hengguang Co., Chlor-alkali Chemical, and Inspur Software were among the largest decliners, with price drops of 6.90%, 6.19%, and 5.58%, respectively [2] Declining Stocks - A total of 2,154 stocks saw a decrease in financing balance, with 190 stocks experiencing a decline of over 5% [4] - The stock with the largest decrease in financing balance was Reite Technology, with a latest balance of 6.06 million yuan, down by 48.78% from the previous trading day [4] - Other stocks with significant declines included Wangcheng Technology and Oukang Pharmaceutical, with decreases of 41.86% and 35.55%, respectively [4]

Group 1 - On November 20, among the 31 primary industries tracked by Shenwan, 11 industries experienced net financing inflows, with the communication industry leading at a net inflow of 1.402 billion yuan [1] - Other industries with significant net financing inflows included banking, defense and military, real estate, coal, and retail [1] Group 2 - A total of 1,593 individual stocks received net financing inflows on November 20, with 111 stocks having inflows exceeding 30 million yuan [1] - Among these, 21 stocks had net inflows exceeding 100 million yuan, with Xinyi Sheng leading at 0.953 billion yuan [1] - Other notable stocks with high net financing inflows included Zhongji Xuchuang, Tianfu Communication, Ningde Times, Bank of China, Aerospace Development, Sunshine Power, Shenghong Technology, and Huatai Securities [1]

盘后数据出炉。 今日（11月19日），A股市场整体保持震荡走势。截至收盘，上证指数报3946.74点，上涨0.18%；深证成指报13080.09点，微幅下跌；创业板指报 3076.85点，上涨0.25%。两市合计成交17259.08亿元，较上一交易日减少2001.59亿元。 1.两市主力资金净流出近350亿元 | | | 各板块最近五个交易日主力资金净流入数据(亿元) | | | --- | --- | --- | --- | | 日期 | 沪深300 | 创业板 | 科创板 | | 2025- 11- 19 | - 45. 69 | - 118. 03 | - 15. 72 | | 2025- 11- 18 | - 151. 35 | - 217. 99 | - 3. 77 | | 2025- 11- 17 | - 83. 50 | - 75. 05 | - 12. 50 | | 2025- 11- 14 | - 204. 39 | - 257. 80 | - 17. 13 | | 2025- 11- 12 | 75. 60 | 54. 50 | - 17. 09 | | | | 尾盘资金净流入数据(亿元) ...

老铁们，上午收盘了！今天这市场真是"银行笑、创业板哭"，沪指在银行股护航下涨0.38%，创业板却跌了0.52%，超3000只个股下跌。中国银行、工商银 行双双创历史新高，这画面像极了"大象跳舞，蚂蚁搬家"！ 先说银行股为啥这么猛。中国银行涨超4%，建设银行紧跟其后，邮储银行、民生银行涨近3%。这帮"大象"突然起舞，背后是资金在寻找避风港——LPR连 续按兵不动，净息差压力缓解，加上汇金系券商整合（中金吸并东兴、信达）催生金融板块热度，银行股成了震荡市里的"压舱石"。 再看锂电板块的持续爆发。威领股份涨停，盛新锂能涨超7%，碳酸锂期货价格更是冲上10.22万元/吨，创年内新高。这波行情背后是供需格局逆转——赣锋 锂业董事长预测2026年碳酸锂价格可能突破20万元，储能需求明年预计翻倍，产业链"长协锁单"已成常态。 海南板块也来凑热闹。海南海药、京粮控股涨停，康芝药业涨近10%。但帮主得提醒，这类区域题材波动大，海南发展之前就因业绩承诺延期股价大跌，追 高需谨慎！ 拖后腿的板块也不少： · 中船系全线飘绿，中船特气跌超4%，军工板块近期分化明显； · 旅游酒店集体调整，云南旅游跌超5%，消费复苏预期仍在反复。 更 ...

Market Overview - The Shanghai Composite Index rose by 0.18% to close at 3946.74 points, with a daily high of 3960.05 points [1] - The Shenzhen Component Index showed minimal fluctuation, closing at 13080.09 points, with a peak of 13164.97 points [1] - The ChiNext Index increased by 0.25%, closing at 3076.85 points, reaching a maximum of 3113.22 points [1] Margin Trading and Securities Lending - The total margin trading and securities lending balance in the Shanghai and Shenzhen markets was 24900.69 billion yuan, with a financing balance of 24724.55 billion yuan and a securities lending balance of 176.15 billion yuan [2] - The margin trading balance decreased by 47.63 billion yuan compared to the previous trading day [2] - The top three stocks by financing buy amount were Zhongji Xuchuang (32.79 billion yuan), Xinyi Sheng (15.62 billion yuan), and Yangguang Electric (14.15 billion yuan) [2] Fund Issuance - Eleven new funds were launched yesterday, including mixed funds and equity funds from various asset management companies [3][4] - Notable funds include the Xingzheng Asset Management Hengrui Zhisheng Mixed Fund and the E Fund CSI A500 Quantitative Enhancement Fund [3][4] Top Trading Activities - The top ten net buying amounts on the Dragon and Tiger List included Hai Lu Heavy Industry (25199.01 million yuan) and Yaguang Technology (22852.34 million yuan) [5] - Hai Lu Heavy Industry saw a closing price of 13.92 yuan with a price increase of 10.04% [5] - The trading activities were concentrated in sectors such as power equipment and defense industry [5]

Core Insights - The latest financing balance of the ChiNext market is 524.865 billion yuan, showing a decrease of 1.137 billion yuan compared to the previous period, with 22 stocks experiencing a financing balance increase of over 10% and 16 stocks seeing a decrease of over 10% [1][2] Financing Balance Overview - The total margin balance for ChiNext stocks is 526.671 billion yuan, down by 1.150 billion yuan from the previous trading day, with a financing balance of 524.865 billion yuan and a securities lending balance of 1.806 billion yuan [1] - Among the 430 stocks with increased financing balances, 22 stocks had an increase of over 10%, with the largest increase seen in Xuan Ya International, which had a financing balance of 260.193 million yuan, up by 44.68% [1][3] - The average increase for stocks with over 10% financing balance growth was 2.93%, with notable performers including C South Network and Jianglong Shipbuilding, which increased by 37.70% and 31.34% respectively [1][3] Stocks with Increased Financing Balances - Key stocks with significant financing balance increases include: - Xuan Ya International: 260.193 million yuan, +44.68%, closing price 21.86 yuan, +0.14% [3] - C South Network: 170.438 million yuan, +37.70%, closing price 23.89 yuan, +29.27% [3] - Jianglong Shipbuilding: 293.280 million yuan, +31.34%, closing price 19.18 yuan, +20.03% [3] Stocks with Decreased Financing Balances - A total of 517 stocks saw a decrease in financing balances, with 16 stocks experiencing a decline of over 10%. The largest decrease was in Guolian Aquatic Products, with a financing balance of 27.896 million yuan, down by 42.65% [4][5] - Other notable declines include: - Hengguang Co., Ltd.: 64.266 million yuan, -24.77% [4] - Zhongyi Technology: 265.528 million yuan, -20.24% [4]

Core Insights - The latest financing balance of the ChiNext market is 524.87 billion yuan, with a week-on-week decrease of 1.14 billion yuan, while 22 stocks saw financing balances increase by over 10% [1][2] - On November 19, the ChiNext index rose by 0.25%, with a total margin balance of 526.67 billion yuan, down 1.15 billion yuan from the previous trading day [1][2] Financing Balance Increase - A total of 430 stocks in the ChiNext saw an increase in financing balance, with 22 stocks experiencing growth exceeding 10%. The largest increase was seen in Xuan Ya International, with a financing balance of 260.12 million yuan, up 44.68% from the previous day [1][3] - Other notable increases include C South Network and Jianglong Shipbuilding, with increases of 37.70% and 31.34% respectively [1][3] - Among the stocks with over 10% increase, the average price increase on that day was 2.93%, with two stocks hitting the daily limit up [1][3] Financing Balance Decrease - A total of 517 stocks experienced a decrease in financing balance, with 16 stocks seeing declines exceeding 10%. The largest decrease was in Guolian Aquatic Products, with a financing balance of 27.90 million yuan, down 42.65% [4][5] - Other significant declines were observed in Hengguang Co. and Zhongyi Technology, with decreases of 24.77% and 20.24% respectively [4][5]

| 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | મટા | 恒生指数 | 25999.78 | 169.13 | 0.65% | | HSTECH 恒生科技 | | 5646.28c | 39.38 | 0.70% | | HSBIO | 恒生生物科技 | 15693.12c | 80.54 | 0.52% | | HSCEI | 恒生中国企业指数 | 9203.07 c | 52.03 | 0.57% | | HSCI | 恒生综合指数 | 3995.86c | 25.49 | 0.64% | | TVDEIM | 74.600 | 2.19% | | --- | --- | --- | | 0981.HK | | | | 比亚迪电子 | 33.580 | 2.19% | | 0285.HK | | | | 地平线机器人-W | 7.630 | 1.87% | | 9660.HK | | | | 同程旅行 | 21.720 | 1.78% | | 0780.HK | | | | 京东健康 | 68.200 | 1.64% | | 6 ...

截至11月19日，市场最新融资余额为24803.25亿元，较上个交易日环比减少45.76亿元，分行业统计，申 万所属一级行业有10个行业融资余额增加，计算机行业融资余额增加最多，较上一日增加2.85亿元；融 资余额增加居前的行业还有国防军工、美容护理、纺织服饰等，融资余额分别增加2.49亿元、1.21亿 元、8238.89万元；融资余额减少的行业有21个，电子、非银金融、汽车等行业融资余额减少较多，分 别减少7.22亿元、6.38亿元、5.48亿元。 以幅度进行统计，美容护理行业融资余额增幅最高，最新融资余额为71.67亿元，环比增长1.72%，其次 是纺织服饰、国防军工、钢铁行业，环比增幅分别为1.00%、0.31%、0.27%；融资余额环比降幅居前的 行业有煤炭、石油石化、农林牧渔等，最新融资余额分别有142.56亿元、241.67亿元、284.88亿元，分 别下降1.62%、1.33%、0.90%。（数据宝） 11月19日各行业融资余额环比变动 | 代码 | 最新融资 | 较上一日增减（亿元） | 环比增幅（%） | | --- | --- | --- | --- | | | 余额（亿元） | | | ...

11月20日，香港恒生指数开盘涨0.65%，恒生科技指数涨0.70%。 | 代码 | 名称 | 现价 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | HSI | 恒生指数 | 25999.78 169.13 | 0.65% | | HSTECH 恒生科技 | | 5646.28c 39.38 | 0.70% | | HSBIO | 恒生生物科技 | 15693.12c 80.54 | 0.52% | | HSCEI | 恒生中国企业指数 | 9203.07c 52.03 | 0.57% | | HSCl | 恒生综合指数 | 3995.86c 25.49 | 0.64% | 半导体板块走强， 华虹半导体涨超3%； 国防军工、银行、有色金属等板块涨幅居前，石油石化、建筑等少数板块下跌。百度集团涨超3%，快手、联想 集团、中芯国际涨超2%；金山软件跌超2%，小鹏汽车跌超1%。 | < W | 恒生科技(HSTECH) 5646.28 39.38 0.70% | | | | --- | --- | --- | --- | | 资料 | 成分 资讯 | 相关基金 | 月度收益 | | 名 ...