"等了好几天终于能交易了，开门红了！"10月9日，一名老股民激动地表示。 10月9日，A股节后的首个交易日，三大指数集体高开高走，截至收盘，上证指数上涨1.32%，收于3933.97点，创下2015年8月以来近十年的高点。 同日，深证成指涨1.47%，收于13725.56点，创业板指涨0.73%，收于3261.82点。深证成指、创业板指也创下2022年2月以来的新高点。全市场3115只股上 涨。 其中，发电设备板块，融发核电（002366.SZ）、东方电气（600835.SH）等涨停。科技股亦走强，电脑硬件概念涨幅为2.66%；半导体概念涨幅为2.58%， 其中，灿芯股份（688691.SH）涨停，芯原股份（688521.SH）等集体涨超10%。 有色金属板块集体爆发则更吸睛。10月9日，黄金、铜产业、镍矿、稀土、锂矿、钴矿等概念齐齐拉升。 Wind数据显示，截至10月9日收盘，有色金属板块涨幅为6.67%，其中西部超导（688122.SH）、北方稀土（600111.SH）、洛阳钼业（603993.SH）等涨停。 多只黄金概念股涨停，山东黄金（600547.SH）、中金黄金（600589.SH）、四川黄金（0 ...

节后A股"开门红"，上证指数站上3900点。 截至10月9日上午收盘，上证指数涨1.24%，报3931.07点；深证成指涨1.75%，创业板指涨1.77%，科创 50涨5.59%。 盘面上，贵金属、半导体、发电设备等个股全线大涨；而顺周期方向却出现普跌，文旅、海运、白酒、 房地产股跌幅居前。 沪深两市半日成交额1.72万亿，超3200只个股上涨。 上证指数站上3900点 10月9日，十一长假后的第一个交易日，早上10：10，上证指数站上3900点。 截至10月9日上午收盘，上证指数涨1.24%，报3931.07点；深证成指涨1.75%，创业板指涨1.77%。 此时，距4月7日低点3040.69点，上证指数最近一轮上涨的涨幅已达29%，上证指数年内累计涨幅超 16%。 半日内，沪深两市半日成交额1.72万亿，超3200只个股上涨。 其中，有色金属、半导体、发电设备等领域集体爆发。 贵金属板块大爆发。四川黄金（001337）、山东黄金（600547）涨停，中金黄金（600489）、晓程科技 （300139）、紫金矿业、招金黄金（000506）、赤峰黄金（600988）、山金国际（000975）等涨幅均超 7%。除 ...

数据来源：国家统计局，智研咨询整理 上市企业：一汽富维（600742）,苏常柴Ａ（000570）,宗申动力（001696）,泰豪科技（600590）,克劳斯 （600579） 2020-2025年1-7月中国发电机组(发电设备)产量统计图 相关报告：智研咨询发布的《2025-2031年中国发电设备行业市场供需态势及未来趋势研判报》 根据国家统计局数据显示：2025年7月中国发电机组(发电设备)产量为2942万千瓦，同比增长34.6%； 2025年1-7月中国发电机组(发电设备)累计产量为20014.2万千瓦，累计下降12.8%。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

根据国家统计局数据显示：2025年5月中国发电机组(发电设备)产量为3275万千瓦，同比增长43.1%； 2025年1-5月中国发电机组(发电设备)累计产量为13742.9万千瓦，累计增长75.9%。 2020-2025年1-5月中国发电机组(发电设备)产量统计图 上市企业：一汽富维（600742）,苏常柴Ａ（000570）,宗申动力（001696）,泰豪科技（600590）,克劳斯 （600579） 数据来源：国家统计局，智研咨询整理 相关报告：智研咨询发布的《2025-2031年中国发电设备行业市场供需态势及未来趋势研判报告》 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

| 涨幅榜 | 资金净流入 | ５日涨幅を | | --- | --- | --- | | 电脑硬件 | 发电设备 | 综合类 | | +3.59% | +3.20% | +2.519 | | 通信设备 | 贵金属 | 互联网 | | +2.35% | +1.77% | +1.709 | 近期因一位资深投资人质疑光模块龙头中际旭创(300308)盈利预测，被年轻分析师回怼"买你的白酒去吧，老登！"，使得"老登"一词迅速出圈，成为偏好白 酒、能源等高股息板块，对科技成长股持保守态度的投资者代名词。 格隆汇9月25日｜中国政法大学商学院教授刘纪鹏近日在谈及资产配置策略时直言不讳地指出："中国的发展要靠高科技，你就不能再老买白酒了吧。" 白酒 板块虽在过去五年间占据市场主导地位，但"靠酒能振兴中国吗？""美国的七姊妹里边也没有酒啊。"刘纪鹏同时承认，投资高科技必然伴随高风险属 性。"资本市场特点就是追求高风险高收益，那你得玩得起也得赔得起。" 他建议投资者在高科技领域内部也需精挑细选，理性参与。 | 上证指数 | 深证成指 | 北证5( | | --- | --- | --- | | 3853.30 | 13445 ...

Market Overview - The A-share market showed mixed results, with the Shanghai Composite Index down 0.01% to 3853 points, while the Shenzhen Component Index rose by 0.67% and the ChiNext Index increased by 1.58%, reaching a three-year high [1][2] - The total market turnover was 2.39 trillion yuan, an increase of 446 billion yuan compared to the previous trading day, with over 3800 stocks declining [1] Index Performance - Shanghai Composite Index: 3853.30, down 0.01% [2] - Shenzhen Component Index: 13445.90, up 0.67% [2] - ChiNext Index: 3235.76, up 1.58% [2] - The total turnover of the market was 2.39 trillion yuan [1] Sector Performance - The gaming sector saw a boost with 145 domestic online games approved in September, leading to a nearly 7% increase in Ice Glacier Network (300533) [3] - The power equipment sector performed well, with Shanghai Electric (601727) and Jinshi Technology both hitting the daily limit [3] - The superconducting concept was active, with Wolong Nuclear Material (002130) rising nearly 8% [3] - Other sectors with notable gains included holographic technology, blind box economy, and copper cable high-speed connections [3] - Conversely, the precious metals sector declined, with Shandong Gold (600547) leading the losses [3] - The shipping and port sector fell, with Nanjing Port (002040) dropping over 6% [3] - Gas stocks also faced declines, with Dazhong Public Utilities (600635) hitting the daily limit down [3] - Other sectors that saw declines included titanium dioxide, jewelry, and automotive services [3]

Report Industry Investment Rating No relevant content provided. Core Viewpoints of the Report The report comprehensively analyzes various sectors in the financial and commodity markets, including financial derivatives, precious metals, shipping, and multiple commodity futures. It points out that market trends are influenced by a combination of factors, such as macro - economic policies, supply - demand balances, and geopolitical situations. Different sectors present different trends, with some in a state of shock, others showing signs of weakness or strength, and the overall market is complex and changeable. Summary by Directory Financial Derivatives Financial Futures - **Stock Index Futures**: The A - share market showed an overall correction on Tuesday, with the main stock indexes fluctuating downwards during the session and rebounding slightly at the end. The main contracts of the four major stock index futures had mixed performances. The banking and precious metals sectors among the cyclical sectors were strong, while technology stocks corrected. It is recommended to lightly sell put options on MO2511 near the strike price of 6600 when the index corrects to collect premiums [2][3][4]. - **Treasury Bond Futures**: Treasury bond futures closed down across the board, and the yields of major inter - bank interest - rate bonds generally rose. The central bank's open - market operations led to a net withdrawal of funds, and the bond market sentiment was weak. It is recommended to operate within a range, lightly test long positions when the market sentiment stabilizes at low levels, and appropriately participate in the basis narrowing strategy for the TL contract [5][8]. Precious Metals - The US dollar index remained weak, and safe - haven sentiment drove funds to flow into gold, pushing up its price. The price of international gold reached a high and then narrowed its gains, while silver showed a slight decline. It is recommended to buy gold on dips or buy out - of - the - money call options, and sell out - of - the - money put options on silver when the price is above $41 [9][12][13]. Container Shipping Index (European Route) - The EC futures market oscillated. The spot freight rates showed a certain range of fluctuations, and the market had digested the impact of the previous spot decline. It is recommended to wait and see in a volatile market [14][15]. Commodity Futures Non - Ferrous Metals - **Copper**: The copper market oscillated. The spot price declined, and the downstream was less willing to buy at high prices. The supply side was affected by factors such as smelter maintenance, and the demand side improved after the price decline. It is expected to oscillate in the short term, with the main contract referring to the range of 79,000 - 81,000 yuan [15][17][20]. - **Alumina**: The alumina market was in a pattern of high supply, high inventory, and weak demand. The futures price was in a bottom - wide oscillation. It is expected to oscillate in the range of 2850 - 3150 yuan/ton, and it is necessary to pay attention to policy changes in Guinea and cost - profit changes [20][22][23]. - **Aluminum**: The aluminum price declined, and the market trading activity increased slightly. The supply was at a high level, the demand entered the peak season, and the inventory was still in a state of accumulation. It is expected to oscillate in the range of 20,600 - 21,000 yuan/ton, and it is necessary to pay attention to the double - festival stocking and inventory inflection points [23][25]. - **Aluminum Alloy**: The pre - holiday stocking demand provided phased support for the spot price. The supply was tight, the demand was gradually recovering, and the inventory was accumulating. It is expected to oscillate in the range of 20,200 - 20,600 yuan/ton, and attention should be paid to the supply of scrap aluminum and import policies [25][27][28]. - **Zinc**: The zinc market was in a state of supply - demand differentiation at home and abroad. The domestic supply was loose, and the demand was in the peak season. The short - term price was expected to oscillate, with the main contract referring to the range of 21,500 - 22,500 yuan [28][30][31]. - **Tin**: The import of tin ore in August remained at a low level, and the supply was tight. The demand was in a state of "weak supply and demand". It is expected to oscillate at a high level, with the price range of 265,000 - 285,000 yuan, and attention should be paid to the import situation of tin ore from Myanmar [31][33][34]. - **Nickel**: The nickel market oscillated weakly. The supply was at a high level, the demand was relatively stable in some areas and general in others. It is expected to oscillate in the range of 119,000 - 124,000 yuan, and attention should be paid to macro - expectations and ore - related news [34][35][36]. - **Stainless Steel**: The stainless - steel market oscillated narrowly. The raw material prices were firm, the supply was under pressure, and the demand had not significantly increased. It is expected to oscillate in the range of 12,800 - 13,200 yuan, and attention should be paid to steel - mill dynamics and pre - holiday stocking [37][40]. - **Lithium Carbonate**: The lithium - carbonate market oscillated. The supply and demand were in a tight balance during the peak season. It is expected to oscillate in the range of 70,000 - 75,000 yuan, and attention should be paid to the marginal changes in orders [41][44]. Black Metals - **Steel**: The steel market was affected by factors such as export support and seasonal demand changes. The price was expected to oscillate at a high level, with the thread referring to the range of 3100 - 3350 yuan and the hot - rolled coil referring to the range of 3300 - 3500 yuan. It is recommended to lightly try long positions and pay attention to the seasonal recovery of apparent demand [44][46]. - **Iron Ore**: The iron - ore market was supported by factors such as reduced shipments and increased iron - water production. The price was expected to oscillate upwards, with the range of 780 - 850 yuan. It is recommended to buy on dips and consider the arbitrage strategy of long iron ore and short hot - rolled coil [47][48]. - **Coking Coal**: The coking - coal market was in a state of supply - demand balance and tightening. The price was expected to oscillate upwards, with the range of 1150 - 1300 yuan. It is recommended to buy on dips and consider the arbitrage strategy of long coking coal and short coke [49][51]. - **Coke**: The coke market was in a process of price adjustment. The price was expected to rebound gradually, with the range of 1650 - 1800 yuan. It is recommended to buy on dips and consider the arbitrage strategy of long coking coal and short coke [52][55]. Agricultural Products - **Meal**: Argentina's cancellation of the export tax on soybeans and their derivatives put pressure on the two - meal market. The domestic meal supply was abundant, and the market was expected to oscillate weakly [56][59]. - **Pigs**: The pig market had a large slaughter pressure, and the spot price was difficult to improve before the National Day. The market was expected to adjust weakly, and the previous reverse - spread strategy was recommended to be withdrawn and observed [60][61].

证券代码：600875 证券简称：东方电气 公告编号：2025-045 东方电气股份有限公司 董事会十一届十三次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 2025年9月18日 一、董事会会议召开情况 东方电气股份有限公司（以下简称公司）董事会十一届十三次会议于2025年9月17日以通讯方式召开。 会议应出席董事7人，实际出席董事7人。本次董事会会议按照有关法律、行政法规及公司章程的规定召 开，会议及通过的决议合法有效。 二、董事会会议审议情况 本次董事会会议形成如下决议： 审议通过《关于公司行使一般性授权在香港联合交易所有限公司主板配售股份的议案》 详细内容请见公司于上海证券交易所网站公告的《东方电气股份有限公司关于根据一般性授权配售新H 股的公告》（2025-044号）。 本议案表决情况：本议案有效票 7 票，同意 7 票，反对 0 票，弃权 0 票。 特此公告。 东方电气股份有限公司董事会 证券代码：600875 股票简称：东方电气 编号：2025-044 东方电气股份有限公司 关于根据一般性授权 ...

Market Situation - A-shares opened lower but rose throughout the day, with the Shanghai Composite Index closing up 0.37% at 3876.34 points [1] - The Shenzhen Component Index increased by 1.16%, and the ChiNext Index rose by 1.95% [1] - Among individual stocks, 2504 stocks rose (80 hitting the daily limit), while 2757 fell (4 hitting the lower limit) [1] - Notable gainers included Hongxi Technology, Sanwei Equipment, and Xingtou New Science, with increases of 29.99%, 29.95%, and 20.02% respectively [1] - Major sectors showing strength included multi-financial, electrical grid, and power generation equipment, with increases of 4.39%, 3.14%, and 2.86% respectively [1] - The food and beverage sector experienced a pullback, with declines in precious metals, agriculture, and restaurant tourism of 1.58%, 1.34%, and 1.32% respectively [1] Futures Market - All four major index futures contracts rose in line with the indices: IF2509 and IH2509 increased by 0.80% and 0.20% respectively, while IC2509 and IM2509 rose by 1.26% and 1.25% respectively [2] - The main contracts for the four index futures will expire this Friday, with the basis approaching neutrality [2] News Highlights - The State Council held a press conference to introduce policies for expanding service consumption, including selecting around 50 pilot cities for new consumption models and promoting AI applications in service consumption [3] - The People's Bank of China conducted a 4185 billion yuan reverse repurchase operation at a fixed rate of 1.40%, with a net injection of 1145 billion yuan for the day [4] - The Federal Reserve lowered the federal funds rate by 25 basis points to a range of 4.00%-4.25%, marking the first rate cut of the year and the first in nine months [3]

东方电气（600875）(600875.SH)发布公告，2025年9月17日，公司召开了董事会十一届十三次会议，审 议通过了《关于公司行使一般性授权在香港联合交易所有限公司主板配售股份的议案》，同意根据一般 性授权在香港联交所配售新H股。 根据配售协议的条款及条件将予配发及发行的6800万股新H股，该等新H股将于各方面与已发行H股享 有同等权益，并附有于配售股份发行日期附带的所有权利。每股配售股份的配售价为15.92港元。假设 所有配售股份均获悉数配售且待完成后，预计配售事项所得款项总额及所得款项净额(经扣除配售事项 佣金及配售事项的其他相关成本及开支后)将分别约为10.83亿港元及10.75亿港元。据此，每股股份净发 售价将约为15.81港元。公司拟将配售事项所得款项净额(经扣除配售事项佣金及配售事项的其他相关成 本及开支后)用作一般营运资金，其中约50%配售事项所得款项净额，或约5.37亿港元，用于研发注资; 约50%配售事项所得款项净额，或约5.37亿港元，用于扩展公司销售渠道。 公告称，发电设备行业当前正经历"双碳"驱动的深刻变革，可再生能源(风电、光伏、水电)及新型电力 系统配套设备(如储能、智能电 ...