8月26日，A股市场呈现出一幅扑朔迷离的图景。尽管上证指数小幅收跌0.39%，报于3868点，而深圳成指却逆势上扬0.26%，创业板指则略微下滑0.75%，市 场情绪似乎并未因成交量的显著萎缩而跌落谷底。 令人玩味的是，在市场整体量能收窄的背景下，猪肉、游戏以及消费电子等板块却上演了逆势上涨的好戏，仿佛资金并未因此而却步。 尤其是消费电子板块，在午后时段突然发力。歌尔股份、奋达科技、东尼电子等知名个股纷纷涨停，而立讯精密、长盈精密等也紧随其后大幅上涨。最终， 该板块以1.39%的涨幅收盘，主力资金净流入近4亿元。这波强劲的上涨并非空穴来风：华为新一代折叠屏手机Mate XTs的发布，苹果iPhone 17发布日期的 公布，再加上国产AI芯片的最新进展，无疑为整个产业链注入了新的活力，使其仿佛在短时间内被重新激活。 而猪肉股的表现更是出乎意料。傲农生物强势封板，牧原股份、邦基科技、东瑞股份等也纷纷跟涨。追溯其背后，一条明确的政策信号浮现：国家发改委宣 布，鉴于当前猪粮比价已跌破6:1的关键警戒线，正式启动了三级预警机制，并同步进行了中央储备肉的万吨收储。这意味着国家层面的"托底"力量已经介 入，意图稳定猪肉价格 ...

2025.08. 26 作者 | 一财资讯 8月26日，截至收盘，沪指跌0.39%，深成指涨0.26%，创业板指跌0.75%。 | | A股重要指数 | | | | --- | --- | --- | --- | | 名称 | 最新 | 涨跌 | 涨幅 | | 上证指数 | 3868.38 | -15.18 | -0.39% | | 深证成指 | 12473.17 | +32.10 | +0.26% | | 北证20 | 1591.90 | -12.11 | -0.76% | | 创业板指 | 2742.13 | -20.86 | -0.75% | | 科创综指 | 1563.31 | -15.61 | -0.99% | 沪深两市全天成交额2.68万亿，较上个交易日缩量逾4600亿元。 资金流向 主力资金净流入计算机、电子、基础化工、机械设备、传媒等板块，净流出医药生物、有色金属、银 行、国防军工、房地产等板块。 具体到个股来看，拓维信息、歌尔股份、利欧股份获净流入17.86亿元、12.74亿元、11.92亿元。 净流出方面，北方稀土、包钢股份、新易盛遭抛售45.94亿元、22.87亿元、12.80亿元。 个 ...

全市场超2800只个股上涨。 8月26日，截至收盘，沪指跌0.39%，深成指涨0.26%，创业板指跌0.75%。 盘面上看， 养鸡、猪肉、游戏、托育服务、消费电子等板块涨幅居前，医疗服务、稀土永磁、PEEK材 料、创新药、军工装备等板块跌幅居前。 沪深两市全天成交额2.68万亿，较上个交易日缩量逾4600亿元。 | | A股重要指数 | | | | --- | --- | --- | --- | | 名称 | 最新 | 涨跌 | 涨幅 | | 上证指数 | 3868.38 | -15.18 | -0.39% | | 深证成指 | 12473.17 | +32.10 | +0.26% | | 北证20 | 1591.90 | -12.11 | -0.76% | | 创业板指 | 2742.13 | -20.86 | -0.75% | | 科创综指 | 1563.31 | -15.61 | -0.99% | 个股涨多跌少，全市场超2800只个股上涨。 | | | 主力资金净流入计算机、电子、基础化工、机械设备、传媒等板块，净流出医药生物、有色金属、银 行、国防军工、房地产等板块。 具体到个股来看，拓维信息、歌尔股 ...

【导读】A股三大指数震荡翻红，华为概念、游戏、化纤等板块领涨 | | Wind热门概念指数 | | | | --- | --- | --- | --- | | 高送转 4.09% | 鸡产业 3.79% | 华鲲振宇 3.63% | 炒股软件 3.04% | | 消费电子代工 2.65% | 华为鸿蒙 2.54% | 网络游戏 2.48% | 礎化工 2.48% | | 猪产业 2.44% | 生物育种 2.24% | 创新药 -0.67% | 中航系 -0.75% | | 光刻机 -0.77% | 稀有金属 -0.98% | ASIC芯片 -1.08% | PEEK材料 -1.29% | | CRO | GPU | 稀土永磁 | 稀土 | | -1.76% | -2.15% | -2.45% | -5.28% | 沪深两市半日成交额达1.67万亿元，较上个交易日缩量近4000亿元。个股涨多跌少，市场共3321只个股 上涨，1942只个股下跌，其中69只个股涨停。 基金君和大家一起关注A股大事件！ 8月26日上午，A股三大指数低开回调，临近午盘震荡翻红，半日实现逆转。 截至午间收盘，上证指数涨0.11%，深证 ...

8月26日上午，A股三大指数低开高走。截至午盘，沪指涨0.11%，报3888.00点；深证成指涨0.73%，创业板指涨0.21%。沪深北三市半日成交额16994亿 元，较上日缩量4026亿元。全市场超3300只个股上涨。 盘面上。游戏板块集体走高，三七互娱涨停。猪肉股盘中拉升，牧原股份逼近涨停。华为软件板块集体走强，正元智慧、拓维信息封板涨停。商业航天板 块活跃，中国卫星2连板。 游戏板块开盘活跃 三七互娱开盘4分钟涨停 8月26日，早盘游戏股震荡走强，三七互娱开盘4分钟涨停，冰川网络、恺英网络、巨人网络等跟涨。 拓维信息涨停 8月26日早盘，华为昇腾概念股震荡拉升，正元智慧"20cm"涨停，拓维信息涨停，润和软件涨逾8%。 | | | | 大 | 19.40 11.0 /J | | --- | --- | --- | --- | --- | | | | | 分时成交 ▼ | | | | | | 11:28 19.46 | 8 | | | | | 11:28 19.46 | 105 | | | | | 11:28 19.46 | 55 | | | | | 11:28 19.46 | 18 | | 47-69 ...

上证指数冲刺3900点。 在经历连续两个交易日大涨后，今天（8月26日）上午A股市场涨势较昨日有所减缓。 今日A股三大指数早盘低开高走，创业板指一度跌超1%。临近午盘，三大指数全线翻红。盘面上，猪肉概念股大涨，成为上午市场主要亮点之一。 猪肉概念大涨 牧原股份大涨近9% A股市场今天上午涨势较昨日有所减缓，主要指数低开高走。截至中午收盘，上证指数上涨0.11%报3888点，深证成指上涨0.74%，创业板指上涨0.21%。 全市场半日成交额超1.7万亿元，超3300只个股上涨。 | 行情 | 资金净流入 | 涨跌分布 | | --- | --- | --- | | 上证指数 | 深证成指 | 北证50 | | 3888.00 | 12532.51 | 1593.36 | | +4.43 +0.11% +91.44 +0.74% -10.66 -0.66% | | | | 科创50 | 创业板指 | 万得全A | | 1281.03 | 2768.76 | 6194.73 | | -6.70 -0.52% +5.77 +0.21% +24.56 +0.40% | | | | 沪深300 | 中证500 | 中证A ...

Valuation Summary - The overall PE of the A-share market is 20.5 times, positioned at the historical 86th percentile [2][3] - The PE of the Shanghai 50 Index is 11.5 times, at the historical 60th percentile [2][3] - The PE of the ChiNext Index is 36.2 times, at the historical 23rd percentile [2][3] - The PE of the Science and Technology Innovation 50 Index is 147.1 times, at the historical 100th percentile [2][3] Industry Valuation Comparison - Industries with PE valuations above the historical 85th percentile include Real Estate, Steel, Building Materials, Power Equipment (Photovoltaic Equipment), National Defense and Military Industry, and Light Industry Manufacturing [2][3] - The Electronic industry has a PB valuation above the historical 85th percentile [2][3] - The Shipping and Port industry has both PE and PB valuations below the historical 15th percentile [2][3] Industry Midstream Prosperity Tracking New Energy - In the photovoltaic sector, the upstream polysilicon futures price increased by 4.1%, while downstream battery and silicon photovoltaic module prices showed weak price increases [2][3] - In the battery sector, lithium prices saw significant increases, with lithium carbonate rising by 15.9% and lithium hydroxide by 13.1% [2][3] Financial Sector - The non-performing loan ratio of commercial banks was 1.49% in Q2 2025, down by 2.2 basis points from Q1 [2][3] - The net interest margin was 1.42%, down by 1.3 basis points from Q1 [2][3] Real Estate Chain - The national commodity housing sales area decreased by 4.0% year-on-year from January to July 2025, indicating a gradual end to the previous backlog of demand [2][3] - Real estate development investment completed from January to July 2025 decreased by 12.0% year-on-year [2][3] Consumer Sector - The average price of live pigs increased by 0.4%, while the wholesale price of pork decreased by 1.8% [2][3] - Retail sales from January to July 2025 grew by 4.8% year-on-year, with July's growth rate of 3.7% falling short of expectations [2][3] Midstream Manufacturing - Manufacturing investment and narrow infrastructure investment grew by 6.2% and 3.2% year-on-year, respectively, from January to July 2025 [2][3] - The output of industrial robots increased by 32.9% year-on-year from January to July 2025 [2][3] Technology TMT - The domestic integrated circuit output grew by 10.4% year-on-year from January to July 2025 [2][3] Cyclical Industries - The price of Brent crude oil futures decreased by 0.3%, closing at $66.13 per barrel [2][3] - The price of thermal coal increased by 2.3%, closing at 698 yuan per ton [2][3]

Core Viewpoint - The recent surge in prices across various sectors, including precious metals, pork, and chemical industries, has become a market hotspot, leading to significant stock performance in these areas [1][6]. Group 1: Price Surge in Precious Metals and Pork - Precious metals and pork stocks have led the price surge, with companies like Zhongrun Resources, Tianbang Foods, Aonong Biological, and Shennong Group hitting the daily limit up [1]. - The metal sector has seen a month-to-date increase of nearly 11.2%, with precious metals, industrial metals, and minor metals rising by 16.9%, 14.4%, and 12.9% respectively [2][4]. - The price of live pigs has also increased significantly, with futures rising by approximately 5.6% this month, and the current price of external three yuan pigs exceeding 15 yuan per kilogram [6][10]. Group 2: Performance of ETFs and Sector Indices - Gold-related ETFs have performed exceptionally well this month, with two funds recording increases of nearly 17.2% and 17.0% [4][5]. - The performance of the metal sector has outpaced previously popular sectors like cloud computing and telecommunications [4]. - The increase in metal stocks has also positively impacted related ETFs, which have shown strong performance in the market [4]. Group 3: Broader Market Trends and Price Dynamics - The price surge logic is a common theme in the A-share market, often leading to significant stock performance in various sectors, including alcohol, traditional Chinese medicine, and electronics [8][10]. - Historical trends indicate that price increases are often driven by supply-demand dynamics rather than raw material price hikes, with larger market cap leaders typically favored [10]. - The current market environment is seeing a broadening of price surge categories, with ongoing attention to how to select the best stocks within these themes [8].

Market Performance - The market saw an afternoon rise with sectors such as CRO, special steel, and super hydropower gaining, while banking, insurance, and pork sectors adjusted [1] - By the close, the CSI A500 index rose by 0.5%, the CSI 300 index increased by 0.4%, the ChiNext index surged by 1.9%, and the STAR Market 50 index climbed by 1.5%, while the Hang Seng China Enterprises Index fell by 0.3% [1] Index Details - The CSI 300 index, composed of 300 large and liquid stocks from the Shanghai and Shenzhen markets, had a rolling P/E ratio of 13.5 times, with a valuation percentile of 57.0% since its inception in 2005 [2] - The CSI A500 index, made up of 500 stocks with good liquidity across various industries, recorded a daily increase of 0.5% and a rolling P/E ratio of 15.7 times, with a valuation percentile of 60.2% since 2004 [2] - The ChiNext index, tracking 100 large and liquid stocks in the ChiNext market, rose by 1.9% with a rolling P/E ratio of 35.1 times, and a valuation percentile of 20.3% since its launch in 2010 [2] - The STAR Market 50 index, consisting of 50 large and liquid stocks from the STAR Market, increased by 1.5% with a rolling P/E ratio of 146.1 times, and a valuation percentile of 99.6% since its inception in 2020 [2] Hang Seng Index - The Hang Seng China Enterprises Index, which includes 50 large and actively traded stocks listed in Hong Kong, saw a decline of 0.3% and has a rolling P/E ratio of 10.4 times, with a valuation percentile of 63.1% since 2002 [3]

Core Viewpoint - The A-share market experienced a day of fluctuations, with the ChiNext index leading the gains, and the Shanghai Composite Index closing above 3600 points again [1][2] Market Performance - The total trading volume of the Shanghai and Shenzhen markets reached 1.8 trillion, an increase of 609 billion compared to the previous trading day [1] - The Shanghai Composite Index rose by 0.33%, the Shenzhen Component Index increased by 0.64%, and the ChiNext Index surged by 1.86% [2] Sector Performance - The market showed a mixed performance with over 3000 stocks declining, while the pharmaceutical sector saw significant gains, particularly in the CRO and innovative drug segments, with stocks like Chenxin Pharmaceutical hitting the daily limit [1] - The CPO and computing hardware stocks also showed strength, with companies like Zhongji Xuchuang reaching historical highs [1] - Super water power concept stocks rebounded in the afternoon, with Xizang Tianlu hitting the daily limit [1] - Sectors that performed well included CRO, steel, CPO, and advanced packaging, while insurance, pork, banking, and agriculture sectors faced declines [1]