【2月4日连板股分析：连板股晋级率40% 煤炭板块全线爆发】今日共68股涨停，连板股总数13只，其 中三连板及以上个股4只，上一交易日共10只连板股，连板股晋级率40%（不含ST股、退市股）。个股 方面，市场风险偏好仍有待修复，连板股表现不尽如人意，昨日3只4连板个股日内亏钱效应巨大，其中 万丰股份跌停，横店影视开盘一度触及涨停但最终收跌6.74%。今日多只大流量标的也遭遇重挫，成交 近300亿的中际旭创跌5%，成交超200亿的新易盛跌近7%，成交过百亿的信维通信、网宿科技跌超 10%，利欧股份跌超9%。板块方面，市场高低切换明显，高位的AI应用、CPO板块跌幅居前，而低位 的煤炭、白酒则获得资金持续流入。受印尼政府提出大幅减产计划的消息刺激，煤炭板块全线爆发，兖 矿能源、中煤能源、潞安环能等十余股涨停，中国神华、陕西煤业涨超7%。 转自：智通财经 ...

2月4日，市场探底回升，沪指重返4100点，深成指翻红，此前一度跌超1%，创业板指午后跌幅收窄。沪深两市成交额2.50万亿，较上一个交易日缩量624 亿。 受AI颠覆性冲击引发的担忧情绪影响，全球SaaS（软件即服务）概念股遭遇猛烈抛售。据统计数据，追踪软件、金融数据和交易所股票的两项标普类股 指数市值周二合计蒸发了约3000亿美元（约合人民币2.1万亿元）。今日，美股软件股抛售潮传递到亚太市场，多家行业龙头股价大跌。 A股软件板块全天表现低迷，开普云跌超12%，卓易信息、优刻得、光云科技跌超9%，青云科技、福昕软件、合合信息跌逾6%。芯片概念股部分下跌， 聚辰股份、芯导科技跌逾7%，澜起科技、利扬芯片、寒武纪跌逾5%。 | 恒源煤电 | 7.21 | 10.08% | 0.00% | | --- | --- | --- | --- | | 600971.SH | | | | | 究矿能源 | 15.27 | 10.01% | 0.00% | | 600188.SH | | | | | 山西焦煤 | 7.36 | 10.01% | 0.00% | | 000983.SZ | | | | | 潞安环能 | 13 ...

记者｜金珊 见习记者林芊蔚 编辑｜江佩霞 2月4日，市场探底回升，沪指重返4100点，深成指翻红，此前一度跌超1%，创业板指午后跌 幅收窄。沪深两市成交额2.50万亿，较上一个交易日缩量624亿。 | 行情 | 资金净流入 | 涨跌分布 | | --- | --- | --- | | 上证指数 | 深证成指 | 科创综指 | | 4102.20 | 14156.27 11 | 1785.43 | | +34.46 +0.85% +29.17 +0.21% -17.72 -0.98% | | | | 万得全A | 创业板指 | 北证50 | | 6770.14 | 3311.51 | 1538.57 | | +30.37 +0.45% -13.38 -0.40% -10.94 -0.71% | | | | 沪深300 | 中证500 | 中证A500 | | 4698.68 | 8299.06 | 5886.58 | | +38.58 +0.83% +12.36 +0.15% +34.43 +0.59% | | | | 中证1000 | 深证100 | 中证红利 | | 8207.12 | 5854.23 | ...

第一，接受市场的"分裂期"，放弃"既要又要"的幻想。 在市场量能没有显著放大（今日成交额还缩量 了624亿）的情况下，资金不足以支撑所有板块齐头并进。这种结构性行情将成为常态。我们的策略也 必须从"全面进攻"转向 "结构深耕" ，在一段时间内，重点可能只能聚焦于一两个主线上。 各位朋友下午好，我是帮主。今天收盘，咱们A股市场给大家上演了一出精彩的"人格分裂"大戏。你看 这沪指，低开高走，最终涨了0.85%，稳稳站回了4100点上方；但另一边，创业板却还在水下挣扎，最 终收跌0.4%。再看板块，一边是煤炭、光伏、地产这些传统领域红红火火，涨停一片；另一边却是AI 应用、算力、半导体这些前期明星赛道跌跌不休。同一个市场，两副完全不同的面孔，这到底是怎么回 事？是风格彻底切换，还是资金在玩一场"跷跷板"游戏？咱们来给今天的市场"人格"做一个深度剖析。 今天市场的分裂，本质上是一次 "动能转换"与"高低切换"双重逻辑的共振。先说上涨的这一边，核心 驱动力非常清晰：一是 "现实需求" 。冬季能源保供，直接推升了煤炭、天然气板块的景气预期，这是 看得见摸得着的短期逻辑。二是 "产业催化" 。马斯克团队密访中国光伏企业的消 ...

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 从业资格：F03097365 交易咨询资格：Z0017563 免责声明：本报告的信息均来源于公开资料，我公司对这些信息的准确性、可靠性和完整性不作任何保 证，也不保证所包含的信息和建议不会发生任何变更。我们已力求报告内容的客观、公正，但文中的观 点、结论和建议仅供参考，并不构成任何具体产品、业务的推介以及相关品种的操作依据和建议，投资 者据此作出的任何投资决策自负盈亏，与本公司和作者无关。 周三，焦煤盘中快速拉升，日内最大涨幅超5%。据智通财经报道，印尼矿业官员周二表示，由于印尼 政府提出大幅减产计划，该国矿商已暂停现货煤炭出口。印尼上月向主要矿商下达的产量配额比2025年 水平降低40%至70%，作为该国提振煤价计划的一部分。叠加此前印尼财政部长表示，印尼政府计划自 2026年起对出口征收1%至5%的关税，可以看出印尼的煤炭政策正在收紧，在进口量下滑、进口成本上 升的预期下，今日国内煤炭板块集体反弹，焦煤价格同步大涨。短期消息面或主导市场情绪，考虑到印 尼主要行业协会反对此举，需关注减产政策的落地情况，若落地不及预期，焦煤价格仍存回落可能。 ...

Core Viewpoint - The A-share market experienced a mixed performance with the Shanghai Composite Index recovering to above 4100 points, while the ChiNext Index saw a decline [1] Market Performance - The Shanghai Composite Index closed up by 0.85% at 4102.2 points, and the Shenzhen Component Index rose by 0.21% to 14156.27 points, while the ChiNext Index fell by 0.4% to 3311.51 points [1] - A total of 3254 stocks in the A-share market gained, with 77 stocks hitting the daily limit up, while 2130 stocks declined, including 14 stocks hitting the daily limit down [1] Sector Performance - The photovoltaic equipment sector surged in the afternoon, influenced by rumors of Elon Musk's team visiting several Chinese photovoltaic companies, with stocks like JinkoSolar, Zeren New Energy, and Shichuang Energy reaching the daily limit up [1] - The coal industry and HIT battery sectors showed significant gains, while sectors such as Kimi concept, Tencent Cloud, and Kuaishou concept experienced notable declines [1] Trading Volume - The trading volume in the Shanghai market reached approximately 10,635.45 billion yuan, while the Shenzhen market recorded about 14,174.26 billion yuan, leading to a total trading volume of around 24.8 trillion yuan across both markets [1]

Core Viewpoint - The A-share market experienced a rebound, with the Shanghai Composite Index rising by 0.85% to surpass the 4100-point mark, while the Shenzhen Component Index also turned positive after previously declining over 1% [1] Market Performance - The Shanghai Composite Index closed up 0.85%, the Shenzhen Component Index increased by 0.21%, and the ChiNext Index fell by 0.4% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 2.48 trillion yuan, a decrease of 63.3 billion yuan compared to the previous trading day [1] Sector Highlights - The coal sector saw a surge, with over ten stocks hitting the daily limit, including Shaanxi Black Cat, Yanzhou Coal Mining, and China Coal Energy [1] - The solar energy sector experienced significant growth, highlighted by Zhonglai Co., which hit the 20% limit up, and Guosheng Technology achieving two consecutive limit-ups [1] - The airport and shipping sectors also performed well, with China Eastern Airlines and Huaxia Airlines reaching their daily limit [1] - The real estate sector was active, with Rong'an Real Estate, Caixin Development, and I Love My Home all hitting the limit [1] - The hydrogen energy sector saw rapid gains, with Beijing Capital Co. and Zhiyuan New Energy reaching their daily limit [1] Declining Sectors - The AI application sector faced significant declines, with stocks like Yili Media and Tiandi Online hitting the limit down, and several others experiencing substantial drops [1] - Precious metals and computing hardware sectors also reported notable declines [1]

Market Overview - The Shanghai Composite Index returned to 4100 points, closing up 0.85%, while the Shenzhen Component Index rose 0.21%, and the ChiNext Index fell 0.4% [3] - The total trading volume in the Shanghai and Shenzhen markets was 2.48 trillion yuan, a decrease of 63.3 billion yuan from the previous trading day, with over 3200 stocks rising [4] Sector Performance - The coal sector experienced a surge, with over ten stocks hitting the daily limit, driven by news of Indonesia's significant coal production cuts [4][16] - The photovoltaic sector also saw strong performance, with stocks like JinkoSolar and Zhonglai Co. hitting the daily limit of 20% [20][24] AI Hardware Sector - Major players in the optical module sector, including Zhongji Xuchuang and Xinyi Sheng, saw significant declines, with Zhongji Xuchuang down 5% and Xinyi Sheng down nearly 7% [7][10] - The decline in these stocks negatively impacted the AI hardware sector, leading to drops in companies like Shenghong Technology and Industrial Fulian [10] Market Sentiment and Influences - Concerns about the impact of CPO (Co-Packaged Optics) deployment timelines on the optical module industry contributed to market anxiety [11] - Historical trends indicate that stocks becoming the top holdings in funds often experience subsequent declines, as seen with Zhongji Xuchuang recently becoming a top holding [12] - Negative sentiment was also influenced by declines in U.S. stocks like Nvidia and Broadcom, affecting the mood around A-share AI hardware stocks [13] Coal Sector Dynamics - Indonesia's decision to cut coal production by 40% to 70% has tightened global supply, potentially increasing international coal prices [19] - China, as the largest importer of Indonesian coal, may face a 5.3% reduction in its coal supply due to these cuts [19] Photovoltaic Sector Developments - Recent visits by Elon Musk's team to Chinese photovoltaic companies have sparked interest, particularly in companies with advanced technologies [23] - The growth of the space photovoltaic sector is seen as a key area for future development, with potential for significant technological advancements and market opportunities [24]

2月4日，三大指数涨跌不一，截至收盘，上证指数涨0.85%，深证成指涨0.21%，创业板指跌0.4%，科创50跌1.2%。两市超过3100只股票飘红，两市成交额 约2.48万亿元。 消息面上，上海市启动首批收购二手住房用于保障性租赁住房项目试点，聚焦浦东新区、静安区、徐汇区的小户型二手房源。机构认为，上海二手房收储试 点是积极举措，有助于缓解供给压力。此外，二手房市场率先回暖显示"小阳春"行情提前显现，核心城市韧性凸显，可能推动房企去库存和业绩改善。 机场航运概念走强，中国东航（600115.SH）、华夏航空（002928.SZ）涨停10%，南方航空（600029.SH）、中国国航（601111.SH）涨幅居前。 消息面上，近日全国春运电视电话会议预计，2026年春运跨区域人员流动量将达95亿人次，同比增长约5.3%，或将再创历史新高。 跌幅榜上，黄金、商业航天等概念走弱，臻镭科技（688270.SH）跌9.79%，四川黄金（001337.SZ）跌近9%，航天动力（600343.SH）跌4.81%。 AI应用、AI算力等人气板块亦走弱，壹网壹创（300792.SZ）跌8.57%，新易盛（300502.SZ）跌 ...

Market Performance - The Shanghai Composite Index rose 0.85% to reclaim the 4100-point mark, while the Shenzhen Component Index increased by 0.21%, and the ChiNext Index fell by 0.4% [2] - Over 3200 stocks in the market saw gains, with total trading volume in the Shanghai and Shenzhen markets reaching 2.48 trillion yuan, a decrease of 63.3 billion yuan from the previous trading day [2] - The market theme for the day was "consolidation," following a significant drop on Monday and a strong recovery on Tuesday [2] Sector Performance - The coal sector experienced a surge, with a wave of stocks hitting the daily limit, while the space photovoltaic sector also saw explosive growth [2] - Active sectors included airport shipping, real estate, and hydrogen energy, while sectors such as AI applications, precious metals, and computing hardware faced the largest declines [2] Fund Flows - Major indices like the SSE 50, CSI 300, and dividend index showed stronger performance, indicating that large capital outflows may have ended [4] - Data showed that previously declining ETFs, such as the CSI 300 and CSI 500, experienced slight net inflows on February 3 [4] ETF Inflows - The top 10 ETFs by net inflow on February 3 included the Southern CSI 500 ETF with a net inflow of 35.665 billion yuan and the Guotai CSI All-Share Securities Company ETF with 11.167 billion yuan [5] - The Southern CSI A500 ETF and the Huaxia Hang Seng Internet Technology ETF also saw significant inflows, indicating renewed interest in these funds [5] Market Sentiment - The market sentiment appears to be stabilizing, with the Shanghai Composite Index rebounding from a low of 4002 points, suggesting a potential short-term bottom if large capital does not exert downward pressure [11] - However, the market is experiencing increased volatility, with rapid sector rotation making it challenging for short-term investors [13][20] Sector Rotation - Only the photovoltaic equipment sector has consistently performed well in the past week, while other sectors like precious metals and communication equipment have shown inconsistent performance [16][18] - The rapid rotation in sectors indicates that chasing high-performing stocks may lead to losses, and investors are advised to be cautious [20] Key Sectors to Watch - The photovoltaic sector, particularly space photovoltaic, is gaining attention due to developments from SpaceX and its plans for solar capacity in the U.S. [24][25] - The coal sector is expected to see a recovery in 2026, driven by production cuts in Indonesia and seasonal production declines [26][27] - The hydrogen energy sector is poised for growth due to increased policy urgency and infrastructure readiness, presenting significant opportunities [28] - The liquor sector is also showing signs of stability, with expectations of a bottoming out in 2026, making it a potential investment opportunity [29]