英伟达概念、液冷概念盘中局部大涨，麦格米特、豪恩汽电（20CM）、集泰股份、大元泵业（炸）、英维克（炸）等涨停，申菱环境、高澜 股份、科创新源等盘中走强； 稀土板块持续走强，北矿科技、北方稀土（炸）涨停，大地熊、金力永磁、龙磁科技、正海磁材、银河磁体等盘中大幅拉升； 1、行情 来了，它来了，大幅跳水它还是来了。 题材方面，算力概念上午大涨，润建股份、美格智能、大位科技、数据港、科华数据等集体涨停但均遭遇炸板，云天励飞、鸿博股份、首都在 线、深桑达等冲高回落； CPO板块再度大涨，剑桥科技3连板，仕佳光子、长芯博创涨超10%，新易盛、源杰科技、德科立等集体大涨； 此外，钨、PCB、机器人、锂电池等盘中走强，强势股、数字货币、银行等集体大跌。 截至收盘，沪指、深成指、创业板指分别收跌1.76%、1.43%、0.69%，市场超4700股下跌，仅600余股上涨。 虽说指数看起来跌的不多，但市场的实际杀伤是很猛的。 今天上午其实市场就已经很割裂了。 先是创业板无脑反包大涨，但黄白线背离明显，且微盘股指数单边下跌。 上午创业板指指数连续创新高的同时，市场则一直保持3500+股票下跌，指数的上涨依旧是那些抱团股所推动。 随 ...

今日，A股市场午后跳水回落，沪指窄幅震荡，深证成指、创业板指盘中再创阶段新高；午后各大指数 出现回调，沪指跌超1.5%，深证成指跌超1%。 截至收盘，沪指跌1.76%报3800.35点，深证成指跌1.43%报12295.07点，创业板指跌0.69%报2723.20点， 沪深两市全天成交额3.17万亿，较上个交易日放量4865亿。 盘面上，市场热点集中在算力和芯片方向，个股跌多涨少，全市场超4700只个股下跌。从板块来看， CPO等算力硬件股维持强势，新易盛等多股再创历史新高。芯片股冲高回落，寒武纪盘中股价一度超越 贵州茅台。稀土永磁概念股表现活跃，北矿科技涨停。下跌方面，地产股展开调整，深深房A跌停。 板块方面，CPO、稀土、半导体等板块涨幅居前，房地产、白酒、美容护理、创新药等板块跌幅居前。 涨停表现 封板率 48.00% 封板 42 触及 46 昨涨停今表现 0.28% 高开率 70% 获利率 46% > ...

市场午后跳水回落，沪指、深成指双双跌超1%。 盘面上，从板块来看，CPO等算力硬件股维持强势，新易盛（300502）等多股再创历史新高。芯片股一 度冲高，瑞芯微（603893）涨停。稀土永磁概念股表现活跃，北矿科技（600980）涨停。下跌方面，地 产股展开调整，深深房A跌停。白酒、美容护理、创新药等板块跌幅居前。 截至收盘，沪指跌1.76%，深成指跌1.43%，创业板指跌0.69%。市场热点集中在算力和芯片方向，个股 跌多涨少，全市场超4700只个股下跌。沪深两市全天成交额3.17万亿，较上个交易日放量4865亿。 午后突发跳水，什么原因？ 今日，A股市场一度震荡走高，科创50指数盘中涨超4%，但午后加速跳水，最终三大指数悉数收跌， 除科创50微涨外，市场主要指数全线尽墨。 对于市场调整原因，据证券时报，分析人士认为，近期外围风险逐渐暴露，特别是长债风险较大。与此 同时，近期A股涨幅较大，且有局部过热迹象。在此背景下，部分资金选择获利了结，同时场外资金对 当前估值水平持观望态度，多空博弈明显加剧，市场因此呈现出显著的结构性分化特征。 不过多数机构认为，慢下来能走得更远，其后只要补量，大盘还会继续震荡盘升。融 ...

【收评：沪指冲高回落跌1.76% 全市场超4700只个股下跌】智通财经8月27日电，市场午后跳水回落， 沪指、深成指双双跌超1%。沪深两市全天成交额3.17万亿，较上个交易日放量4865亿。盘面上，市场 热点集中在算力和芯片方向，个股跌多涨少，全市场超4700只个股下跌。从板块来看，CPO等算力硬件 股维持强势，新易盛等多股再创历史新高。芯片股一度冲高，瑞芯微涨停。稀土永磁概念股表现活跃， 北矿科技涨停。下跌方面，地产股展开调整，深深房A跌停。板块方面，CPO、稀土、半导体等板块涨 幅居前，房地产、白酒、美容护理、创新药等板块跌幅居前。截至收盘，沪指跌1.76%，深成指涨 1.43%，创业板指跌0.69%。 转自：智通财经 ...

南方财经8月27日电，市场早盘震荡分化，创业板领涨，科创50指数涨超4%。截至收盘，沪指涨 0.33%，深成指涨1.34%，创业板指涨2.41%。沪深两市半日成交额1.73万亿，较上个交易日放量483亿。 盘面上热点集中在算力和芯片方向，个股跌多涨少，全市场超3000只个股下跌。从板块来看，CPO等算 力硬件股集体大涨，新易盛等多股再创历史新高。芯片股再度爆发，长川科技等涨停。稀土永磁概念股 表现活跃，北矿科技涨停。下跌方面，地产股展开调整，深深房A跌停。板块方面，半导体、CPO、AI 眼镜、稀土永磁等板块涨幅居前，白酒、煤炭、保险、养鸡等板块跌幅居前。 A股午评：科创50指数涨超4% 芯片股再度爆发 相关快讯 2025-08-27 11:35 相关文章 相关股票： 新易盛长川科技北矿科技 南方财经8月27日电，市场早盘震荡分化，创业板领涨，科创50指数涨超4%。截至收盘，沪指涨 0.33%，深成指涨1.34%，创业板指涨2.41%。沪深两市半日成交额1.73万亿，较上个交易日放量483亿。 盘面上热点集中在算力和芯片方向，个股跌多涨少，全市场超3000只个股下跌。从板块来看，CPO等算 力硬件股集体大涨，新 ...

以下是2025年8月26日财经热点的综合梳理，结合政策动态、市场表现及国际局势等关键信息： --- 1. 指数表现 - 沪指站上3800点，收盘涨1.51%报3883.56点，创业板指涨3%，深证成指涨2.26%。全天成交额达3.18万亿元，创年内新高，仅 次于2024年10月的历史纪录。 - 驱动因素：增量流动性涌入（机构资金、险资、产业资本加仓），制造业景气回升及企业盈利改善预期增强。 2. 热点板块 - AI与科技股：算力硬件（如CPO、GPU）、卫星导航、工业互联等板块领涨，寒武纪股价再创新高，逼近贵州茅台成为A股最 贵股票。 - 新能源与消费：新能源车、稀土永磁概念股因政策支持及价格回升大涨，大消费板块受中秋旺季预期提振。 --- 1. 上海楼市新政"组合拳" - 外环外购房不限套数（符合条件家庭），单身买房视同家庭；公积金贷款额度最高上浮15%至184万元；房贷利率不再区分首 套房和二套房。 - 影响：释放置换型需求，缓解外环外库存压力，高端改善市场热度或延续。 2. 全国碳市场建设提速 - 中办、国办发布《关于推进绿色低碳转型加强全国碳市场建设的意见》，明确到2027年覆盖工业主要排放行业，20 ...

0:00 8月22日，市场早盘震荡走高，创业板指、科创50指数大涨均创三年新高。沪深两市半日成交额1.51万 亿元，较上个交易日缩量569亿元。盘面上热点集中在算力和芯片方向，个股跌多涨少，全市场超3200 只个股下跌。从板块来看，算力股全线爆发，芯片股集体大涨，寒武纪续创历史新高。CPO等AI硬件股 展开反弹，新易盛等多股再创历史新高。截至收盘，沪指涨0.67%，深成指涨1.32%，创业板指涨 2.56%。 ...

不过，结合市场的一些表现并将多个指数对比后发现，行情发生了一些微妙的变化。 首先，上证50指数、沪深300指数明显走强。其中，石油、电信运营、银行、电力等传统蓝筹板块今天 领涨行业涨幅榜，白酒板块前两天也连续走强。这些板块在上述两个指数中的权重不小。 其次，代表小盘股方向的中证1000、国证2000两大指数，午后盘中跌幅均超过1%。近期市场赚钱效应 不错，主要就是中小盘股方向走强。 最后，一些国产科技方向的机构股最近两天走强，比如中兴通讯、浪潮信息等。 今年2月份的时候，也是国产科技方向的机构股走强，出海方向开始走弱，科技方向的行情进入阶段性 尾声。 从市场表现来看，CPO、PCB、液冷、创新药等核心板块的中小票，尤其是近期涨幅较大的品种，今天 开始出现明显的亏钱效应，情绪有所退潮。 今天，A股三大指数涨跌不一。截至收盘，上证指数上涨0.13%，再创阶段新高，深证成指、创业板指 数分别下跌0.06%、0.47%。沪深两市成交额达到24241亿元，较昨日小幅放量158亿元。 从上证指数的表现来看，虽然午后一度出现跳水，但走势还算健康。 在出海类AI硬件板块中，达哥觉得应区别看待。 首先是PCB、CPO这种近两月 ...

Summary of Key Points from the Conference Call Industry Overview - The focus is on the Greater China Semiconductors industry, particularly in the context of AI supply chain updates and investment opportunities in the semiconductor sector in Asia [1][3]. Core Insights - The industry view has been upgraded to "Attractive" for the second half of 2025, with a preference for AI-related semiconductors over non-AI counterparts [1][3]. - Concerns regarding semiconductor tariffs and foreign exchange impacts are diminishing, leading to expectations of further sector re-rating [1][3]. - Key investment themes for 2026 are being previewed, indicating a proactive approach to future market conditions [1][3]. Investment Recommendations - Top picks in the AI semiconductor space include TSMC, Winbond, Alchip, Aspeed, MediaTek, KYEC, ASE, FOCI, Himax, and ASMPT [6]. - Non-AI recommendations include Novatek, OmniVision, Realtek, NAURA Tech, AMEC, ACMR, Silergy, SG Micro, SICC, and Yangjie [6]. - Companies under "Equal Weight" or "Underweight" include UMC, ASMedia, Nanya Tech, Vanguard, WIN Semi, and Macronix [6]. Market Dynamics - AI demand is expected to accelerate due to generative AI, which is spreading across various verticals beyond the semiconductor industry [6]. - The recovery in the semiconductor sector in the second half of 2025 may be impacted by tariff costs, with historical data indicating that a decline in semiconductor inventory days is a positive signal for stock price appreciation [6]. - The domestic GPU supply chain's sufficiency is questioned, particularly in light of DeepSeek's cheaper inferencing capabilities and Nvidia's B30 shipments potentially diluting the market [6]. Long-term Trends - The long-term demand drivers include technology diffusion and deflation, with expectations that "price elasticity" will stimulate demand for tech products [6]. - The semiconductor industry is experiencing a prolonged downcycle in mature node foundry and niche memory due to increased supply from China [6]. Financial Metrics and Valuation - TSMC's estimated revenue from AI semiconductors is projected to account for approximately 34% of its total revenue by 2027 [20]. - The report includes a detailed valuation comparison across various semiconductor segments, highlighting P/E ratios, EPS growth, and market capitalization for key companies [7][8]. Foreign Exchange Impact - The appreciation of the TWD against the USD could negatively impact gross margins and operating profit margins for companies like TSMC, UMC, and others, with a 1% appreciation translating to a 40bps GM downside [30]. - Despite these concerns, the overall structural profitability of TSMC is not expected to be significantly affected [30]. Conclusion - The Greater China semiconductor industry is positioned for growth, particularly in AI segments, with a favorable outlook for the second half of 2025 and beyond. Investors are encouraged to consider the evolving landscape and potential opportunities within this sector [1][3][6].

Market Overview - The three major stock indices in Shanghai and Shenzhen opened mixed on August 19, with the Shanghai Composite Index slightly higher and the Shenzhen Component Index slightly lower, while the ChiNext Index opened lower [1] - By midday, the Shanghai Composite Index was at 3739.26 points, up 0.30%, with a trading volume of approximately 661.2 billion yuan; the Shenzhen Component Index was at 11871.35 points, up 0.30%, with a trading volume of approximately 982.2 billion yuan; the ChiNext Index was at 2616.33 points, up 0.39%, with a trading volume of approximately 489.8 billion yuan [1] Institutional Insights - According to China International Capital Corporation (CICC), the overall valuation of A-shares is reasonable and not overvalued, with the dynamic price-to-earnings ratio of the CSI 300 at around 12.2 times, which is at the 69th percentile historically since 2010 [2] - The total market capitalization of A-shares has reached approximately 100 trillion yuan, with a ratio to GDP that remains relatively low compared to major global markets [2] - The current dividend yield of the CSI 300 is 2.69%, which remains attractive compared to the yield of ten-year government bonds [2] Economic Trends - Dongwu Securities suggests that the current "slow bull" market is driven by a combination of macro policies, capital market policies, funding structures, and technological innovation, indicating a transition towards high-quality economic development [3] - The financing balance has exceeded 2 trillion yuan, marking a historical high, with continuous investments from insurance funds into financial stocks [3] Industry Developments - The National Sports Administration announced that the sports industry has become a new highlight in economic development, with the total area of sports venues expected to reach 4.23 billion square meters by 2024, an increase of 1.131 billion square meters compared to the end of the 13th Five-Year Plan [4] - The sports industry has seen an average annual growth rate of over 10% in the past five years, with policies promoting the quality and efficiency of the sports sector [4] AI and Manufacturing - The Shanghai Municipal Economic and Information Commission released a plan to accelerate the development of "AI + manufacturing," focusing on collaboration between consumer terminal companies and AI firms to enhance model application capabilities [5][6] - The plan aims to promote the deployment of industrial robots in high-risk work scenarios to improve production efficiency and safety [6]