（原标题：这类股爆发，两大巨头股价创历史新高！全球首个，神经重症脑机接口多中心临床试验启 动） 脑机接口创新成果持续涌现，产业加速壮大，正孕育颠覆性突破，已成为科技创新和产业创新深度融合 的重要领域。 8月24日，由天津大学脑机交互与人机共融海河实验室与天津市环湖医院牵头，联合国内顶尖医疗机 构，聚焦解决脑积水精准诊疗这一国际性难题，共同启动全球首个神经重症脑机接口多中心临床试验。 8月25日，A股大盘指数继续上攻，上证指数收盘上涨1.51%，再创近10年新高。A股全天合计成交3.18 万亿元，成交额创历史第二高水平，仅次于2024年10月8日。 | 山以八入十十四次人工 | | | | --- | --- | --- | | 日期 | 成交额 (亿元) | 上证指数涨 跌幅(%) | | 2024-10-08 | 34835. 43 | 4. 59 | | 2025-08-25 | 31769. 48 | 1.51 | | 2024-10-09 | 29665.53 | -6. 62 | | 2025-08-18 | 28091. 34 | 0. 85 | | 2024-11-08 | 27322. 99 ...

Market Overview - The Shanghai Composite Index rose by 0.13% on August 21, with a total trading volume of 2.46 trillion yuan, marking the seventh consecutive trading day with volumes exceeding 2 trillion yuan [1] - Nearly 2,200 stocks increased in price, with 58 stocks hitting the daily limit [1] Sector Performance - The combustible ice concept surged over 3%, with ShenKai Co., Ltd. (002278) hitting the limit, and other stocks like QianNeng HengXin (300191) and XinJin Power (300157) rising over 5% [1] - The digital currency sector saw multiple stocks hitting the limit, including Sanwei Xinan and BeiXinYuan (300352) [1] - The agriculture, forestry, animal husbandry, and fishery sector also performed well, with Guotou Zhonglu (600962) hitting the limit and Honghui Fruits and Vegetables (603336) and Muyuan Foods (002714) rising over 5% [1] Historical Highs - A total of 38 stocks reached historical closing highs, with the electronics, automotive, and machinery equipment sectors showing significant concentration [2] - The average increase for stocks reaching historical highs was 3.82%, with notable performers including ChuangYitong (300991) and GuoMai Culture (301052) [2][3] Institutional Activity - On August 21, 10 stocks saw net purchases exceeding 10 million yuan from institutions, with ZhongDian XinLong (002298) leading at 1.09 billion yuan [5] - The most sold stock by institutions was HengBao Co., Ltd. (002104), with a net sell of 1.1 billion yuan [5] Northbound Capital - Northbound capital was active in 18 stocks, with JingBeiFang (002987) receiving the highest net purchase of 1.76 billion yuan [7] - Stocks like WoLong Electric Drive (600580) and Electronic City (600658) also saw significant net purchases [7] Company Announcements - Sinopec (600028) plans to distribute a cash dividend of 0.088 yuan per share, totaling 10.67 billion yuan, despite a 10.6% decline in revenue year-on-year [8] - Renhe Pharmaceutical (000650) announced that its ULook brain-machine interaction smart glasses are still in the sample stage and have not yet generated sales revenue [8] - Shanghai Jahwa (600315) reported a 4.75% increase in revenue for the first half of the year, with a net profit growth of 11.66% [9]

Core Viewpoint - Renhe Pharmaceutical (000650) currently has no other reserve technologies or products related to brain-computer interfaces or human brain engineering [1] Group 1 - The company is in the trial sales verification phase for its recently developed ULook brain-computer interaction smart glasses [1] - The current performance of the company is not significantly impacted by this product [1] - Investors are advised to be cautious regarding investment risks [1]

仁和药业开盘涨停，公司子公司与合作方联合研发全球首款ULook脑机交互智能眼镜。 ...

Core Viewpoint - The A-share market is experiencing significant volatility, driven by liquidity rather than economic fundamentals, with external factors influencing investor sentiment and market movements [3][4][8]. Market Analysis - The A-share market showed mixed performance today, with major indices closing slightly down, while the Northbound trading saw significant activity [4][28]. - The market's fluctuations are characterized by a tug-of-war between bullish and bearish sentiments, with liquidity being a key driver [2][3]. Liquidity and Fund Flows - External investment banks, including Goldman Sachs and Citigroup, emphasize that the current A-share rally is primarily liquidity-driven, with household savings shifting towards financial assets [3][4]. - Predictions indicate that public funds will need to increase their A-share holdings significantly in the coming years, with estimates of at least 590 billion yuan in 2025 [3][10]. Sector Performance - The white wine sector has shown strong performance, attributed to valuation recovery and seasonal consumption expectations [16]. - The innovative drug sector experienced volatility, with several stocks hitting the upper limit, driven by upcoming international conferences [16]. - The robotics sector saw a surge following government initiatives to promote AI and manufacturing integration [16]. Investor Sentiment - Retail investors are currently the main driving force in the market, with margin balances reaching historical highs [5][8]. - The sentiment among retail investors has improved, as indicated by increased trading volumes and a shift in household savings [8][9]. Institutional Activity - Institutional investors are focusing on technology and consumer sectors, with passive funds leading the charge in A-share investments [8][9]. - The "national team" has been active in the market, particularly in ETF purchases, although intervention has lessened above certain index levels [10][11]. Future Outlook - The outlook for A-share market liquidity remains positive, with expectations of continued inflows from various institutional sources [3][10]. - However, potential tightening of liquidity could lead to a return to range-bound trading patterns [8][9].