（原标题：和讯投顾任凌康:保险资金选股的鲜明特点） 各位朋友们，咱们接着深入聊聊上周市场的这两大看点，把背后的逻辑和未来的可能性掰扯清楚。? 先说说上周三天权重股拉升的事儿，这背后的核心推力其实就是保险资金的 "进场预期"。大家都知道，保险资金规模庞大，之前受限于考核制 度，在 A 股的投资比例一直没拉满，只用了 11% 左右，距离 25% 的上限还有很大空间。而最近保险新规对考核的放松，相当于给这笔 "巨量资 金" 松了绑。? 保险资金选股有个鲜明特点：盯着高净资产收益率、高股息率的大盘蓝筹股。像银行、保险、石油、有色这些板块，股息率能达到 5% 左右，刚 好契合它们对稳健收益的需求。从数据来看，保险资产总规模约 35 万亿，哪怕投资比例只提高 1 个点，就能带来 3500 亿增量资金；要是提高 10 个点，就是 3.5 万亿，这对权重股来说无疑是重磅利好。上周权重股的连续大涨，正是市场提前消化了这个预期，资金抢筹这些符合保险资金偏 好的标的，也就不难理解了。? 再看稀土板块，连续涨停的背后是供需两端的 "共振发力"。供给端，咱们国家贡献了全球 65% 的稀土产出，而美国、澳洲因为环保和放射性问 题，开工率 ...

（原标题：25.36亿元资金今日流出传媒股） 沪指7月10日上涨0.48%，申万所属行业中，今日上涨的有18个，涨幅居前的行业为房地产、石油石化，涨幅分别为3.19%、1.54%。跌幅居前的行 业为汽车、传媒，跌幅分别为0.62%、0.54%。传媒行业位居今日跌幅榜第二。 传媒行业今日下跌0.54%，全天主力资金净流出25.36亿元，该行业所属的个股共130只，今日上涨的有49只，涨停的有2只；下跌的有72只，跌停 的有2只。以资金流向数据进行统计，该行业资金净流入的个股有34只，其中，净流入资金超3000万元的有8只，净流入资金居首的是华媒控股， 今日净流入资金1.37亿元，紧随其后的是省广集团、智度股份，净流入资金分别为1.30亿元、6101.31万元。传媒行业资金净流出个股中，资金净 流出超亿元的有8只，净流出资金居前的有ST华通、三七互娱、光线传媒，净流出资金分别为7.10亿元、2.50亿元、1.78亿元。（数据宝） 传媒行业资金流入榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 00 ...

【和讯财道投研团队：靳文云 执业证书：A0030624030024 股市有风险，投资需谨慎】 （原标题：和讯研究员靳文云：浅谈投资风格） 和讯研究员靳文云指出，我国社会当下普遍认可的财富积累方式是交易型的，比如古董收藏、房地产投资、黄金珠宝投资等，通过买入-持有-出 售的方式实现盈利；日本社会比较认可的财富积累方式是产业型的，很多日系企业通过家族传承的方式从百年前持续经营至今，产生了很多百年 老店。代入到投资中，投资者的交易风格同样可以分为交易型和价值型两种，交易型类似古董收藏、房地产投资低买高卖，价值型类似百年老 店，和时间做朋友，长期积累。 交易型的投资风格就是要不断的交易，通过多次的交易积累财富。要求每一次的交易都能够获利，为了实现每一次交易都能够获利就要追热点、 挖题材，利用资金扎堆的短期优势、利用市场的高关注度和投资者情绪热度获取收益。比较常见的恶炒小盘股，就是典型的短期资金优势；热点 题材就是市场高关注度引导资金聚集扎堆，形成做多资金优势推动股价快速上涨；对题材进行深度挖掘，让广大投资者认可题材的想象空间，促 使投资者情绪高涨从而产生冲动行为、羊群效益。 价值型投资风格则往往不会有频繁的交易，以精 ...

Group 1 - The core viewpoint of the article is that the company held its second extraordinary general meeting of shareholders in 2025, which was conducted in compliance with relevant laws and regulations [1][2][3] - The meeting was convened on July 9, 2025, at a specified location, and was presided over by the chairman, Mr. Peng Zhen [2][3] - A total of 2,284 shareholders attended the meeting, representing 477,706,275 shares, which accounted for 32.4499% of the total voting shares [2][3] Group 2 - The voting process at the meeting included both named voting and online voting, with all voting matters clearly listed in the meeting announcement [3][4] - The resolutions discussed at the meeting were all special resolutions, with more than two-thirds of the valid voting rights in favor [3][4] - The proposal for the company's share repurchase plan was approved, with 518,984,060 shares voting in favor, representing 99.8321% of the valid voting rights [3][4][5] Group 3 - The legal opinion provided by the law firm confirmed that the procedures for convening and holding the meeting were in accordance with the Company Law and the company's articles of association [6][7] - The qualifications of the attendees were verified as legitimate and valid [6][7] - The resolutions passed at the meeting were deemed legal and effective [6][7]

东吴证券认为，本轮"反内卷"政策是宏观经济层面为缓解价格水平承压和资源配置低效问题的必然选 择，解决了当前新兴优势制造业中产能重复建设及恶性价格竞争带来的"囚徒困境"。短期内市场表现将 呈现结构性分化，新兴产业中受益于竞争整治和资源优化配置的企业具备改善空间，而传统行业则表现 稳健，整体市场偏均衡格局，成长与防御并重。 财通证券（601108）最新观点指出，行情再攀新高阶段，新一轮核心资产主线行情或开启，持续推荐龙 头化、国产化、全球化三大主线。当前"反内卷"催化下，龙头化有望跟进接力行情。关注制造（轨交、 工程机械）等、消费（乳品、家居、饲料等）、周期（能去产能的农化链、电新链、化工链，详见专题 研究）板块。 7月9日，A股震荡攀升，沪指时隔8个月重返3500点，多只银行股再创新高，创新药概念股反复活跃， 托育服务概念股普涨，消费板块表现不俗。 广发证券认为，白酒行业2025年有望迎来"估值-业绩"双底，当前已进入中周期买点。板块股息率与十 年期国债收益率比值较高，配置性价比显现。建议关注行业出清后的需求恢复，核心推荐标的包括山西 汾酒（600809）、今世缘（603369）、古井贡酒（000596）、贵州 ...

Group 1 - The core point of the article highlights the net inflow of main funds into various industries, with a total of 65.68 billion yuan flowing into the Shanghai and Shenzhen markets on July 8, including 59.68 billion yuan into the ChiNext market and 57.92 billion yuan into the CSI 300 index [2] - Among the 13 industries with net inflows, the electronics industry led with a net inflow of 40.76 billion yuan, followed by the computer industry with 26.6 billion yuan, and the communication, power equipment, and non-bank financial industries each exceeding 16 billion yuan [2] - In contrast, 18 industries experienced net outflows, with the pharmaceutical and biological industry seeing the largest outflow of over 15 billion yuan, followed by public utilities, national defense, and basic chemicals, each with outflows exceeding 5 billion yuan [3] Group 2 - A total of 77 stocks had net inflows exceeding 1 billion yuan, with 9 stocks seeing inflows over 4 billion yuan. Zhongyou Capital topped the list with a net inflow of 9.01 billion yuan, closing at the daily limit [4] - Pengding Holdings ranked second with a net inflow of 6.41 billion yuan, while other notable stocks with significant inflows included Zhongji Xuchuang, N Yitang, Dongfang Caifu, and Inspur Information, with inflows of 5.85 billion yuan, 5.16 billion yuan, 5.16 billion yuan, and 4.86 billion yuan respectively [6] - On the other hand, 37 stocks had net outflows exceeding 1 billion yuan, with Changshan Pharmaceutical leading the outflow at 8.3 billion yuan, followed by Jinyi Culture, Rongfa Nuclear Power, and Shaoneng Shares [7][8] Group 3 - At the end of the trading day, there was a net inflow of 35.8 billion yuan, with the ChiNext market contributing 12.97 billion yuan and the CSI 300 index contributing 13.24 billion yuan [9] - Among the stocks with significant end-of-day inflows, Dongfang Caifu led with a net inflow of 2.21 billion yuan, followed by Hangang Co., Zhongzhou Special Materials, and Ningde Times [10][11] - Conversely, 7 stocks experienced end-of-day net outflows exceeding 0.6 billion yuan, with Changshan Pharmaceutical again leading with a net outflow of 1.65 billion yuan, closing down 12.8% [12]

澜起科技股份有限公司董事会薪酬与考核委员会 关于 2024 年限制性股票激励计划 预留授予激励对象名单的核查意见 澜起科技股份有限公司（以下简称"公司"）董事会薪酬与考核委员会依据《中 华人民共和国公司法》 （以下简称"《公司法》"）、 《中华人民共和国证券法》 （以下简 称"《证券法》"）、 《上市公司股权激励管理办法》 （以下简称"《管理办法》"）、 《上海 证券交易所科创板股票上市规则》（以下简称"《上市规则》"）、《科创板上市公司自 律监管指南第 4 号——股权激励信息披露》（以下简称"《自律监管指南》"）等相关 法律、法规及规范性文件和《澜起科技股份有限公司章程》 （以下简称"《公司章程》"） 的有关规定对公司《2024 年限制性股票激励计划》 （以下简称"《激励计划》"）预留 授予激励对象名单进行审核，发表核查意见如下： 一、公司《激励计划》预留授予的激励对象均不存在《管理办法》第八条规定 的不得成为激励对象的情形： （一）最近 12 个月内被证券交易所认定为不适当人选； （二）最近 12 个月内被中国证监会及其派出机构认定为不适当人选； （三）最近 12 个月内因重大违法违规行为被中国证监会及其 ...

Market Overview - The market experienced a significant reversal on July 4, with a notable intraday high of 35 points for the Shanghai index and 0.7 for Shenzhen, but closed with Shenzhen in the red and Shanghai up only 11 points, primarily driven by bank stocks [1][4]. Reasons for Market Surge - The surge was influenced by the recent performance of US stocks reaching historical highs, creating positive sentiment that could translate to the domestic market [2]. - The revival of stablecoins also contributed to the upward movement, indicating a warming sentiment in the cryptocurrency sector [3]. - Speculation regarding potential interest rate cuts by banks, with discussions about the implications of rates dropping to zero, led to increased interest in bank stocks as an investment alternative [3][4]. Reasons for Market Decline - The market's decline was attributed to a lack of follow-through buying after the initial surge, as many investors were cautious due to the underlying fundamentals not supporting a sustained rally [4][5]. - A significant number of stocks, approximately 3,900, declined during the day, indicating a broader market weakness despite the initial gains [5]. Future Market Outlook - The market is expected to remain stable with a potential upward movement towards 3,800 points, driven by low interest rates making stocks more attractive than bank deposits [6]. - Certain sectors, such as PCB, are anticipated to attract investment due to their strong earnings potential, while stablecoins are seen as a strategic long-term investment opportunity [7]. - The likelihood of breaking through the 3,500-point level in July is considered high, with current levels around 3,472 [7].

（原标题：今日35只A股封板 银行行业涨幅最大） ★ 跟踪：中证细分食品饮料产业主题指数 近五日涨跌: -0.35% 市盈率:19.83倍 证券时报•数据宝统计，截至上午收盘，今日沪指涨0.41%，A股成交量728.77亿股，成交金额8787.13亿元，比上一个交易日增加9.03%。个股方 面，1465只个股上涨，其中涨停35只，3755只个股下跌，其中跌停3只。从申万行业来看，银行、钢铁、综合等涨幅最大，涨幅分别为1.65%、 1.47%、1.41%；美容护理、有色金属、纺织服饰等跌幅最大，跌幅分别为2.23%、1.17%、0.97%。（数据宝） 资金流向: 最新份额为56.6亿份，增加 了450.0万份，主力资金净 流出79.6万元。 今日各行业表现（截至上午收盘） | 申万行业 | 行业 | 成交额 | 比上日 | | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | | 涨跌 | （亿元） | （%） | 领涨（跌）股 | （%） | | | （%） | | | | | | 银行 | 1.65 | 215.89 38.37 | | 浦发银行 | 2.89 | ...

证券代码：688008 证券简称：澜起科技 公告编号：2025-034 澜起科技股份有限公司 关于 2025 年回购 A 股股份方案回购股份进展的公告 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法律责任。 重要内容提示： 回购方案首次披露日 2025/6/21 回购方案实施期限 2025 年 6 月 23 日~2025 年 9 月 19 日 预计回购金额 2亿元~4亿元 □减少注册资本 √用于员工持股计划或股权激励 回购用途 □用于转换公司可转债 □为维护公司价值及股东权益 累计已回购股数 100.20万股 累计已回购股数占总股本比例 0.09% 累计已回购金额 7,904.86万元 实际回购价格区间 77.79元/股~81.91元/股 注：以上指公司 2025 年第一次回购股份方案（公告编号：2025-027）的回购进展。公司 一、 回购股份的基本情况 公司于 2025 年 6 月 20 日召开第三届董事会第八次会议，审议通过了《关于 用自有资金通过上海证券交易所交易系统以集中竞价交易方式回购公司已发行的 部分 A 股股票。公司回 ...