炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 今天，港股三大指数调整，多只科技股下跌，商汤-W、百度集团-SW跌超3%。 黄金板块表现抢眼，多只黄金股上涨并创新高。医药生物板块、核电股等盘中出现明显拉升。新股长风 药业上市首日表现亮眼，收涨161.02%。 多只港股科技股下跌 港股板块配置方面，浙商国际表示，看好以下几类投资方向：行业相对景气且受益于政策利好的汽车、 新消费、创新药、科技等；业绩和股价走势稳健且受益于政策利好的低估值国央企红利板块；基本面相 对独立且受益于降息周期的香港本地银行、电信及公用事业红利股。 医药生物板块走强 今天，港股三大指数下跌。截至收盘，恒生指数跌0.48%，恒生国企指数跌0.52%，恒生科技指数跌 0.55%。 港股科技龙头股中，商汤-W、百度集团-SW跌超3%，快手-W、金蝶国际、金山软件跌超2%。 | < w | 恒生科技(HSTECH) | | | | --- | --- | --- | --- | | | 6514.19 -36.11 -0.55% | | | | 资料 | 成分 资讯 | | 相关基金 | | 名称 | | 现价 | 涨跌 ...

Market Performance - The Hong Kong stock market opened higher but experienced a brief decline before recovering near midday, reaching new short-term highs [1] - As of midday, the Hang Seng Index rose by 0.07%, the Hang Seng China Enterprises Index increased by 0.1%, and the Hang Seng Tech Index gained 0.39% [1] Sector Performance - Major technology stocks mostly showed an upward trend, with Meituan rising over 2%, NetEase nearly 2%, Baidu and Xiaomi up by 1%, while Tencent remained positive and JD.com fell over 1% [1] - Biopharmaceutical stocks saw significant gains, with Yaojie Ankang soaring over 47% and Tongyuan Kang Pharmaceutical rising over 37% [1] - Brain-computer interface concept stocks surged, with Brain Dynamics leading with a rise of over 42% [1] - Other sectors such as sports goods, tourism, solar energy, aviation, automotive, and dining stocks generally performed well [1] Weak Performers - Conversely, gold stocks, which had been rising, led a decline in the non-ferrous metal sector, while internet healthcare, paper, Apple concept stocks, Chinese brokerage firms, insurance, domestic property, home appliances, and oil stocks showed weak performance [1] New Listings - Hesai Technology, described as a "global leader in lidar," saw its stock rise over 10% on its first day of trading [1]

Group 1: Market Performance - A-share market experienced wide fluctuations in early September, with solid-state battery sector leading the rise in the new energy sector, resulting in over 20 battery and new energy-related ETFs rising more than 10% [1] - Solid-state battery stocks such as Xian Dao Intelligent, Sunshine Power, and others saw significant gains, with the Fortune China Battery Theme ETF rising over 15% [1][2] - Gold stocks and innovative pharmaceuticals also performed well, with West Mining rising nearly 50% and several gold stock ETFs increasing over 9% [2] Group 2: Sector Analysis - The solid-state battery industry is gaining attention due to its high energy density and safety, supported by policy, technological advancements, and growing downstream demand [2] - The military industry, represented by aerospace, experienced a pullback, with several stocks declining over 10% and related ETFs dropping more than 12% [2] - The dual innovation sector (创业板 and 科创板) showed significant volatility, with the ChiNext Index and the STAR 50 Index experiencing declines followed by rebounds [2][3] Group 3: Fund Flows - There was a notable outflow of funds from dual innovation theme ETFs, with over 60 billion yuan net outflow from ETFs tracking the ChiNext and STAR 50 indices [3] - Conversely, sectors like securities, chemicals, batteries, and gold stocks saw inflows, with over 80 billion yuan net inflow into ETFs tracking securities companies [3] - Hong Kong technology and internet ETFs also attracted significant capital, with net inflows exceeding 30 billion yuan [3] Group 4: Investment Strategy - The market is expected to shift towards a fundamental-driven logic, with technology sectors likely to continue performing well due to upcoming industrial catalysts [4] - The storage industry is showing strong demand, and AI computing power is identified as a core investment theme, with potential for rebound after recent adjustments [4] - The relative value of technology growth sectors is improving, with solid-state batteries and power equipment gaining attention as new investment directions [4]

Group 1: US Stock Market Performance - The three major US stock indices closed lower, with the Dow Jones Industrial Average down 0.55% to 45295.81 points, the S&P 500 down 0.69% to 6415.54 points, and the Nasdaq Composite down 0.82% to 21279.63 points [3] - Major technology stocks experienced declines, with Nvidia down nearly 2%, Amazon, Tesla, and Apple each down over 1%, and Google down 0.73% [3] - Bank stocks also fell, with Goldman Sachs down nearly 2%, Citigroup and Morgan Stanley down over 1%, and Bank of America down 0.66% [3] Group 2: Sector Performance - Energy stocks mostly rose, with Occidental Petroleum up nearly 1%, Chevron up 0.75%, and ExxonMobil up 0.34%, while Schlumberger fell over 2% [3] - Airline stocks mostly declined, with Southwest Airlines down nearly 2%, Delta Airlines down over 1%, and United Airlines down 0.3%, while American Airlines rose 0.15% [4] - Semiconductor stocks also saw declines, with the Philadelphia Semiconductor Index down 1.12%, ARM down over 4%, and several other major semiconductor companies down over 2% [4] Group 3: Chinese Stocks Performance - Chinese stocks in the US showed relative strength, with the Nasdaq Golden Dragon China Index up 0.52% [5] - Notable gainers included Baozun up over 11%, Huya up over 8%, and BeiGene up over 8%, while notable decliners included Kingsoft Cloud down nearly 6% and Youdao down over 5% [5] Group 4: Gold Market Performance - International gold prices continued to rise, with COMEX gold futures breaking through $3600 per ounce, marking a historic high [6] - London gold prices also surged, reaching over $3540 per ounce, also a historic high [7] - Gold stocks in the US market generally rose, with Harmony Gold up over 7% and Caledonia Mining up over 3% [8]

Core Viewpoint - The U.S. stock market opened with mixed performance among major industry ETFs, with consumer discretionary ETFs rising over 0.8% while gold stock ETFs fell more than 2% [1]. Group 1: Consumer Discretionary and Other ETFs - Consumer discretionary ETF (XLY) increased by 1.72 to 216.72, representing a rise of 0.80% with a trading volume of 247,700 shares [2]. - Semiconductor ETF (SMH) rose by 2.21 to 279.40, also reflecting a 0.80% increase with a trading volume of 487,700 shares [2]. - Regional bank ETF (KRE) saw an increase of 0.28 to 59.76, which is a 0.46% rise with a trading volume of 786,000 shares [2]. - Internet index ETF (FDN) increased by 0.85 to 265.22, marking a 0.32% rise with a trading volume of 12,745 shares [2]. - Technology sector ETF (XLK) rose by 0.75 to 251.82, reflecting a 0.30% increase with a trading volume of 441,700 shares [2]. - Global technology ETF (IXN) increased by 0.27 to 91.82, representing a 0.29% rise with a trading volume of 9,163 shares [2]. - Healthcare ETF (XLV) rose by 0.27 to 134.49, marking a 0.20% increase with a trading volume of 792,600 shares [2]. - Consumer staples ETF (XLP) increased by 0.14 to 80.31, reflecting a 0.18% rise with a trading volume of 922,300 shares [2]. - Utilities ETF (XLU) rose by 0.13 to 81.30, representing a 0.16% increase with a trading volume of 1,079,700 shares [2]. - Financials ETF (XLF) saw a slight increase of 0.03 to 51.81, which is a 0.05% rise with a trading volume of 1,939,700 shares [2]. Group 2: Gold Stocks - Gold stock ETFs experienced a decline of over 2%, indicating a negative trend in this sector [1].

Market Overview - Hong Kong stocks faced downward pressure with all three major indices falling over 1%, closing with the Hang Seng Index down 1.12% at 23,710.69 points and a total trading volume of HKD 181.93 billion [1] - Huatai Securities noted that despite rising interest in Chinese assets and a favorable environment for Hong Kong stock expansion, the market's significant decline presents relatively controllable risks, emphasizing the importance of sector rotation [1] - Guotai Junan International suggested that high-quality dividend sectors remain a stabilizing force in investment portfolios in the short term, while technological innovation is seen as a new driving force for economic growth and stock market increases in the medium to long term [1] Blue Chip Performance - Li Auto (02015) led the blue-chip decline, falling 4.14% to HKD 104.1, with a trading volume of HKD 1.561 billion, impacting the Hang Seng Index by 9.84 points [2] - Meituan's CEO Wang Xing reduced his stake in Li Auto, selling 5.737 million shares for over HKD 600 million, decreasing his holding from 20.94% to 20.61% [2] - Other notable blue-chip movements included China Hongqiao (01378) rising 3.39% and contributing 2.44 points to the index, while Alibaba Health (00241) fell 3.18%, impacting the index by 1.53 points [2] Sector Performance - Large technology stocks generally declined, with Alibaba down 2.26% and Tencent down 1.07% [3] - The pharmaceutical sector saw gains, with notable increases in stocks like Ascentage Pharma-B (06855) up 12.04% and Kintor Pharmaceutical-B (02171) up 11.47% [5][6] - Oil and gas stocks surged due to rising oil prices driven by Middle Eastern tensions, with Jixing New Energy (03395) skyrocketing 343.18% [3][4] - Gold stocks also saw afternoon gains, with Tongguan Gold (00340) up 7.47% as geopolitical tensions continued to influence market sentiment [4] Real Estate Sector - The real estate sector continued to face pressure, with companies like R&F Properties (02777) down 4.17% and Xincheng Development (01030) down 5.83% [6][7] - National statistics indicated a 10.7% year-on-year decline in real estate development investment for the first five months of 2025, with new housing sales also down [7] - Guosen Securities highlighted the ongoing weakness in real estate fundamentals, suggesting that future policy measures could provide opportunities for speculation in real estate stocks [7] Notable Stock Movements - Beijing Construction (00925) surged 220% after announcing a privatization offer at a premium of 250% [8] - Lehua Entertainment (02306) rose 16.42% due to market recognition of its new product WAKUKU [9] - SF Express (09699) reached a new high, increasing 4.59% after revising its delivery service agreements to reflect higher demand [10] - Perfect Medical (01830) issued a profit warning, with expected earnings down 33.5% to 35.1% year-on-year due to weak consumer confidence [11]

Core Viewpoint - The U.S. stock market opened lower influenced by Trump's threat to fire Powell, with significant declines in major indices and tech stocks [1] Group 1: Stock Market Performance - The Nasdaq dropped by 1.45%, the S&P 500 fell by 0.99%, and the Dow Jones decreased by 0.74% [1] - Technology stocks experienced widespread declines, with Nvidia down over 2.6% and Apple down over 2% [1] - Tesla saw a decline of over 4% due to reports of delays in the production of its affordable Model Y in the U.S. [1] Group 2: Company Highlights - Netflix shares rose over 1% as the company reported a record high profit for the first quarter and expects its advertising sales to double this year [1] Group 3: Commodity Market - Spot gold prices reached new highs, leading to a rise in U.S. gold stocks, with Harmony Gold increasing over 6% and Barrick Gold rising over 3% [1]