具体而言，涵盖油气开采、采矿及采石业的采掘业正面临双重压力：一方面油田老化，另一方面国 际价格波动。后者已迫使政府修订2025年预期收入。根据财政修正法案草案，预计收入从初始预算的 7348亿中非法郎（约12.25亿美元）下调至6415亿（约10.69亿美元），减少933亿中非法郎（降幅 12.7%）。 （原标题：2024年第四季度第二产业拖累喀麦隆GDP增长） "EcoMatin"网站7月4日报道，喀麦隆国家统计局（INS）发布的《国民账户季度报告》显示，2024 年第四季度喀麦隆国内生产总值（GDP）增长1.6%。相较于2023年同期2.2%的增速，这一指标回落了 0.6个百分点。 经济增长放缓主要归因于第二产业（即将原材料转化为制成品或半成品的产业）。2023年第四季度 至2024年同期，该产业增速从1.1%萎缩至-0.7%，降幅达0.2%。这一颓势与采掘业19.2%的剧烈萎缩直 接相关。国家统计局指出，该领域自2023年第二季度起持续处于衰退状态。 不过，第三产业和第一产业的良好表现部分抵消了第二产业的疲软。服务业（商业、运输、金融、 行政等）增长4.4%，而农林牧渔及林业为主的第一产业增长3%。这一 ...

证券研究报告|金融工程专题报告 使用投资雷达把握行业轮动机会 张立宁 SAC NO：S1120520070006 杨国平 SAC NO：S1120520070002 2025年7月11日 请仔细阅读在本报告尾部的重要法律声明 1 刻画行业走势状态 目录 2 走势状态与未来涨幅 3 建立位置参数表 4 行业轮动组合效果 2 1 刻画行业走势状态 3 研究目标 (1) 根据价格与成交金额的变化方向，得到4种状态：放量上涨、放量下跌、缩量下跌、 缩量上涨。 (2) 对于每种状态，计算价格、成交金额涨跌幅度，以及两者涨跌幅度的相对比例。从 而对行业走势状态实现更准确的定位。 • 我们根据走势状态将行业坐标位置绘制在极坐标系上，可视化效果与雷达相似，可以帮 助及时把握投资机会：当行业运行至坐标系的特定区域时，意味着投资机会的出现。因 此将此行业轮动方法称为行业投资雷达。 4 $$\rho={\sqrt{(x-y)^{T}\cdot\Sigma^{-1}\cdot(x-y)}}$$ • 极坐标系中的极角即过原点和散点的连线与0°线形成的夹角，极角可以根据成交变化 幅度、价格变化幅度之间的比例关系，由反正切函数计算： • ...

业绩预喜公司中，以预计净利润增幅中值统计，共有7家公司净利润增幅超100%；净利润增幅在 50%~100%之间的有4家。具体来看，翰宇药业预计净利润增幅最高。公司预计上半年实现净利润增幅 中值为1567.36%；川金诺、龙源技术预计净利润同比增幅中值分别为167.27%、137.44%，增幅位列第 二、第三。（数据宝） 创业板业绩预计暴增股名单 | 代码 | 简称 | 业绩预告日 | 预计净利润增幅中值 | 最新收盘价 | 今年以来涨跌 | 行业 | | --- | --- | --- | --- | --- | --- | --- | | | | 期 | （%） | （元） | （%） | | | 300199 | 翰宇药 | 2025.07.01 | 1567.36 | 18.24 | 41.51 | 医药生 | | | 业 | | | | | 物 | | 300505 | 川金诺 | 2025.07.08 | 167.27 | 19.95 | 40.94 | 基础化 工 | | 300105 | 龙源技 术 | 2025.07.10 | 137.44 | 8.11 | 7.79 | 环保 | | 300 ...

Group 1 - As of July 10, 2025, 187 A-share listed companies have disclosed their half-year performance forecasts, with 139 companies expecting profit increases, accounting for 74.33% [2] - The sectors showing significant growth include power, semiconductors, wind power equipment, pharmaceuticals, and agriculture, indicating a positive market sentiment [2] - Notably, 67 companies anticipate a net profit growth of over 100%, with 20 companies expecting over 300% growth, and 7 companies projecting over 1000% growth [3] Group 2 - The top performer, Huayin Power, forecasts a profit increase of up to 4423%, while other notable companies like First Technology and Tianbao Infrastructure expect increases of 2835% and 2329%, respectively [3] - A total of 38 companies are expected to report net profits exceeding 5 billion yuan, with Industrial Fulian leading at an estimated 12.158 billion yuan [4] - The significant profit growth for Huayin Power is attributed to increased power generation and decreased fuel costs [5] Group 3 - A-share profitability is stabilizing, with a reported net profit growth of 3.63% in Q1 2025, indicating a recovery from a previous decline [6] - Analysts suggest that improving performance expectations can stabilize market sentiment and reduce short-term volatility, particularly in sectors benefiting from domestic demand recovery [6] - The ongoing development of the AI industry and high demand in electronics and communications sectors are expected to maintain positive growth trends [6]

Group 1 - As of July 10, 2025, 187 A-share listed companies have disclosed their half-year performance forecasts, with 139 companies expecting profit increases, accounting for 74.33% [1] - The "profit growth king" Huayin Power anticipates a maximum profit increase of 4423%, leading a group of companies with significant profit growth, primarily in sectors like electricity, semiconductors, and pharmaceuticals [2][4] - A total of 38 companies are expected to report half-year profits exceeding 500 million yuan, with Industrial Fulian leading at an estimated profit of 12.158 billion yuan [3] Group 2 - Huayin Power's substantial profit increase is attributed to higher electricity generation and lower fuel costs, with expected net profit ranging from 180 million to 220 million yuan [4] - Lixun Precision, a leader in high-end precision manufacturing, emphasizes its resilience in a volatile environment and plans to enhance its global manufacturing services through strategic resource allocation [4] - Overall, A-share profitability is stabilizing, with a 3.63% year-on-year increase in net profit for Q1 2025, indicating a recovery from previous declines [5]

国内市场综述 冲高回落 窄幅整理 周三（7 月 9 日）大盘冲高回落，窄幅整理。截至收 盘，上证综指收于 3493.05 点，下跌 0.13%；深成指 收于 10581.80 点，下跌 0.06%；科创 50 下跌 0.89%； 创业板指上涨 0.16%，万得全 A 成交额共 15274 亿元， 较前一日有所上升。 行业方面，30 个中信一级行业有 18 个行业上涨，其 中传媒、农林牧渔和综合金融居前，而有色金属、基 础化工和电子则跌幅较大。概念方面，Kimi、短剧游 戏及鸡产业等指数表现活跃。 海外市场综述 欧美股市集体收涨 周三（7 月 9 日），美国三大股指全线收涨，道指涨 0.49%，标普 500 指数涨 0.61%，纳指涨 0.94%，创历 史新高。万得美国科技七巨头指数涨 1.25%。中概股 多数下跌，纳斯达克中国金龙指数跌 1.11%。 新闻精要 风险提示 1.稳增长力度不及预期； 2.地缘冲突升级。 分析师：彭竑/钟哲元 登记编码：S1490520090001/ S1490523030001 邮箱：penghong@crsec.com.cn/ zhongzheyuan@crsec.com.cn ...

FICC日报 | 2025-07-10 指数冲高回落，传媒行业领涨 市场分析 CPI回升。国内方面，国家统计局发布数据，中国6月CPI同比上涨0.1%，为连续下降4个月后转涨；核心CPI继续 回升，同比上涨0.7%，创14个月新高。PPI环比下降0.4%，降幅与上月相同，同比下降3.6%，降幅比上月扩大0.3 个百分点。海外方面，特朗普发布致8个国家领导人有关加征关税的信函，此次税率从20%至50%不等，其中巴西 将被征收50%的关税，新税率将从8月1日起生效。特朗普预告本周还会有更多此类信函发出。 指数冲高回落。现货市场，A股三大指数冲高回落，上证指数跌0.13%收于3493.05点，创业板指涨0.16%。行业方 面，板块指数涨跌互现，传媒、农林牧渔、商贸零售行业领涨，有色金属、基础化工、电力行业跌幅居前。当日 沪深两市成交金额升至1.5万亿元。海外市场，美国三大股指全线收涨，科技巨头走强，纳指涨0.94%收于20611.34 点，创历史新高。 IH基差回升。期货市场，基差走势分化，IH、IF延续小幅修复。成交持仓方面，期指的成交量和持仓量同步下降。 策略 特朗普向新一批国家致信施压，延续对外政策攻势，科技 ...

Market Overview - The Shanghai Composite Index increased by 0.36% as of the morning close, with a trading volume of 783.11 million shares and a transaction amount of 934.47 billion yuan, a decrease of 3.50% compared to the previous trading day [1] Industry Performance - Real estate, banking, and oil & petrochemicals sectors showed the highest gains, with increases of 1.53%, 1.42%, and 1.23% respectively [1] - The automotive, defense, and electronics sectors experienced the largest declines, with decreases of 0.93%, 0.92%, and 0.76% respectively [2] Leading Stocks - In the real estate sector, Yuhua Development led with a gain of 9.94% [1] - In the banking sector, Minsheng Bank rose by 5.12% [1] - In the oil & petrochemicals sector, *ST Xinchao increased by 5.08% [1] - In the steel sector, Jinling Mining surged by 10.02% [1] - In the non-bank financial sector, Nanhua Futures also rose by 10.02% [1] - In the pharmaceutical sector, Qianyuan Pharmaceutical saw a significant increase of 19.98% [1] Sector Summary - The real estate sector had a transaction amount of 117.03 billion yuan, up 26.74% from the previous day [1] - The banking sector recorded a transaction amount of 266.82 billion yuan, up 36.61% [1] - The oil & petrochemicals sector had a transaction amount of 80.95 billion yuan, up 36.47% [1] - The automotive sector had a transaction amount of 389.36 billion yuan, down 16.50% [2] - The defense sector recorded a transaction amount of 316.85 billion yuan, down 23.79% [2] - The electronics sector had a transaction amount of 1,036.63 billion yuan, down 10.88% [2]

证券研究报告 2025 年 7 月 10 日 星期四 【A 股市场大势研判】 大盘冲高回落，沪指 3500 点得而复失 市场表现： | 指数名称 | 收盘点位 | 涨跌幅 | 涨跌 | 上证指数分时图 | | --- | --- | --- | --- | --- | | 上证指数 | 3493.05 | -0.13% | -4.43 | | | 深证成指 | 10581.80 | -0.06% | -6.60 | | | 沪深 300 | 3991.40 | -0.18% | -7.05 | | | 创业板 | 2184.67 | 0.16% | 3.60 | | | 科创 50 | 983.11 | -0.89% | -8.84 | | | 北证 50 | 1410.36 | -0.75% | -10.63 | | 资料来源：东莞证券研究所，iFinD 数据 板块排名： | 申万行业表现前五 | | | 申万行业表现后五 | 概 | 念板块表现前五 | 概念板块表现后五 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 传媒 | 1.35% ...

证券时报·数据宝统计显示，18家创业板公司公布了上半年业绩预告。业绩预告类型来看，业绩预增的 有13家，预盈的有1家，预降的有1家，预亏的有1家。 创业板上半年业绩预告一览 | 代码 | 简称 | 业绩预告 | 业绩预告 | 预计净利润增幅中值 | 最新收盘价 | 今年以来涨跌 | 行业 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 日期 | 类型 | （%） | （元） | （%） | | | 300199 | 翰宇 | 2025.07.01 | 预盈 | 1567.36 | 18.76 | 45.54 | 医药生 | | | 药业 | | | | | | 物 | | 300505 | 川金 | 2025.07.08 | 预增 | 167.27 | 19.85 | 40.23 | 基础化 | | | 诺 | | | | | | 工 | | 300138 | 晨光 | 2025.07.10 | 预增 | 117.36 | 13.63 | 58.15 | 农林牧 | | | 生物 | | | | | | 渔 | | 300371 | 汇中 | ...