2025 年 08 月 29 日 双融日报 --鑫融讯 分析师：万蓉 S1050511020001 wanrong@cfsc.com.cn 市场情绪：84 分（过热） 最近一年大盘走势 资料来源：Wind，华鑫证券研究 -10 0 10 20 30 40 (%) 沪深300 相关研究 | 1、《双融日报》2025-08-28 | | --- | | 2、《双融日报》2025-08-27 | | 3、《双融日报》2025-08-26 | ▌ 华鑫市场情绪温度指标：（过热） 华鑫市场情绪温度指标显示，昨日市场情绪综合评分为 84 分，市场情绪处于"过热"。历史市场情绪趋势变化可参 考图表 1 ▌ 热点主题追踪 今日热点主题：机器人、GPU、稀土 1、机器人主题：英伟达即将推出机器人新"大脑"。8 月 24 日，英伟达机器人账号在社交平台发布预热推文，"你安排 好时间了吗？2025 年 8 月 25 日。"配图中是一个黑色礼 盒，上面是一张写着"好好享受！"、带着黄仁勋签名落款 的 贺 卡 。 相 关 标 的 ： 卧 龙 电 驱 （ 600580 ） 、 长 盛 轴 承 （300718） 2、GPU 主题：工信部副 ...

Market Sentiment - The current market sentiment score is 57, indicating a "neutral" stance. Historical trends suggest that when the sentiment score is below or around 50, the market tends to find support, while scores above 90 may indicate resistance [5][9]. Hot Themes Tracking - **Robotics Theme**: NVIDIA is set to launch a new "brain" for robots, with a teaser posted on social media. Related stocks include Wolong Electric Drive (600580) and Changsheng Bearing (300718) [5]. - **GPU Theme**: The Ministry of Industry and Information Technology emphasized the need to enhance the quality of computing power resources and promote the construction of green data centers. Key stocks include Loongson Technology (688047) and Jingjia Micro (300474) [5]. - **Rare Earth Theme**: Recent discussions in Shenzhen focused on integrating rare earth materials with low-altitude economy and robotics. Related stocks include Northern Rare Earth (600111) and Guangsheng Nonferrous Metals (600259) [5]. Capital Flow Analysis - The top ten stocks with the highest net inflow include: - Yanshan Technology (241,574.44 million) - Changchuan Technology (97,877.91 million) - Magpow (66,536.80 million) [10]. - The top ten stocks with the highest net outflow include: - Lingyi Technology (-296,399.02 million) - Tuo Wei Information (-231,921.54 million) - Ningde Times (-208,604.10 million) [11]. Financing and Margin Trading - The top ten stocks with the highest net buying in financing include: - Shenghong Technology (159,407.85 million) - Northern Rare Earth (140,896.69 million) - Ningde Times (65,729.57 million) [13]. - The top ten stocks with the highest net selling in margin trading include: - Zhongke Chuangda (888.65 million) - Pacific Securities (875.74 million) - Tianfeng Securities (749.94 million) [12]. Industry Insights - The report highlights the importance of monitoring market sentiment and capital flows to identify potential investment opportunities and risks within the sectors of robotics, GPU technology, and rare earth materials [5][9].

Market Sentiment - The current market sentiment score is 76, indicating a "relatively hot" market condition, which suggests a gradual upward trend supported by recent improvements in market sentiment and policy support [6][10][21]. Hot Themes Tracking - **Robotics Theme**: NVIDIA is set to launch a new "brain" for robots, generating interest in related stocks such as Wolong Electric Drive (600580) and Changsheng Bearing (300718) [6]. - **GPU Theme**: The Ministry of Industry and Information Technology emphasizes the orderly development of computing power facilities, aiming to enhance the quality of computing resources. Key stocks include Loongson Technology (688047) and Jingjia Micro (300474) [6]. - **Rare Earth Theme**: The rare earth sector is gaining traction, with a recent seminar focusing on the integration of rare earth materials with low-altitude economy and robotics. Related stocks include Northern Rare Earth (600111) and Guangsheng Nonferrous Metals (600259) [6]. Capital Flow Analysis - The top ten stocks with the highest net inflow include Tuo Wei Information (177,855.19 million), Goer Technology (130,901.51 million), and Liou Holdings (121,253.02 million) [11]. - The top ten stocks with the highest net outflow include Xinyi Sheng (136,995.98 million), Heertai (125,083.18 million), and Yangguang Power (115,266.19 million) [13][22]. Industry Performance - The electronics sector shows significant net buying activity, with a total of 645,463 million in financing net purchases, indicating strong investor confidence [20]. - The banking sector also demonstrates robust performance with net buying of 152,786 million, reflecting positive sentiment towards financial institutions [20]. Investment Strategy Recommendations - In a "relatively hot" market, it is advisable to moderately increase investments while being cautious of potential overheating risks [21].

Group 1 - The market sentiment index from Huaxin shows a score of 91, indicating an "overheated" market condition [6][9][21] - Recent market themes include robotics, GPU, and rare earths, with Nvidia set to launch a new robot "brain" [6][8] - The Ministry of Industry and Information Technology emphasizes the need to enhance computing power resources and promote the development of GPU chips [6][8] Group 2 - The rare earth sector is gaining attention, with a recent seminar focusing on the integration of rare earth materials with low-altitude economy and robotics [6][8] - Key stocks related to the robotics theme include Wolong Electric Drive and Changsheng Bearing [6] - Relevant stocks for the GPU theme include Loongson Technology and Jingjia Micro [6] Group 3 - The top net inflow stocks include Lingyi Zhi Zao, Dongfang Precision, and Vanke A, with inflows exceeding 100 million yuan [10] - The financing net buy for Northern Rare Earth reached 120.36 million yuan, indicating strong investor interest [12] - The sectors with the highest net inflows include electronics and communications, while the electronic sector shows significant net outflows [16][22]