| 🏛 大盘背景（06/25 收盘） 上证指数 4,120.28 +0.23% 5D +0.30%
20D +0.65% | 深证成指 16,344.08 +1.82% 5D +2.92%
20D +3.86% | 创业板指 4,371.99 +2.84% 5D —
20D — | 沪深300 5,020.10 +1.59% 5D +5.08%
20D +3.61% | 科创50 2,066.33 +3.87% 5D —
20D — |
两市成交额 36,189 亿元（约 3.62 万亿），较上一交易日（6/24）放量 3,120 亿。创业板指 4,371.99 +2.84%、科创50 2,066.33 +3.87% 双双续创新高，北证50 −1.41% 逆势走弱。 权重股（06/25 收盘，红涨绿跌）：中芯国际 156.86（+3.52%）、贵州茅台 1,212.10（+0.37%）、宁德时代 401.90（+1.65%）、工业富联 76.99（+0.27%）。 |
| | 🌡 总体风险讯号 两融与汇率（两融截至 06/24、汇率 06/25） 两融 · 沪深京（融资余额） 3.02万亿元 两融余额约 3.02 万亿（融资 2.99 万亿＋融券约 225 亿，截至 06/24）｜06/25 两融数据当晚更新 | | USD/CNY · 在岸 6.7971 在岸即期（06/25，+0.10%），人民币小幅走贬 | | USD/CNH · 离岸 6.8022 离岸即期（06/25，−0.13%） |
注：北向资金日度净流入自 2024/8/19 起停发（改季度披露），本卡不列该数字；A 股波动率 / IV、沪深300 PE 无稳定即时源，标 N/A。 |
| | 📅 未来 2 周财报 / 重大事件 | 6/27 | 美国 5 月 PCE 物价指数——美联储最关注的通胀指标，影响降息预期与外围风险偏好。 | | 6/30 | 中国 6 月制造业 PMI / 非制造业 PMI——景气度风向标，影响顺周期与政策预期。 | | 7/3 | 美国 6 月非农就业——影响美联储路径与全球流动性。 | | 7/9 | 中国 6 月 CPI / PPI——通缩压力与 PPI 边际改善观察。 | | 7/15 前后 | 中国 Q2 GDP、6 月社零 / 工业增加值 / 固定资产投资——基本面验证。 | | 7 月中 | 中国 6 月社融 / M2——信用扩张力度。 | | 7/21 | 7 月 LPR 报价——降息观察窗口。 | | 7 月底 | 中央政治局会议（下半年经济定调）、美联储 FOMC 会议。 |
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| | 💡 重点观察 📈 当日最强板块 机场航运 +4.05%、元件 +3.14%、证券 +3.06%、保险 +2.19%；存储芯片（美光催化）爆发，北京君正/德明利涨停、佰维 +15.18%，元件/MLCC 风华高科 +10%、超声电子盘中创新高。 | 📉 当日重挫/最弱 电力 −2.33%、通用设备 −1.85%、钢铁 −1.48%、房地产 −1.30%、煤炭开采加工 −1.24%、银行 −0.66%；贵金属集体下挫（隔夜国际金价失守 4,000 美元/盎司，兴业银锡/紫金矿业/山金国际跌幅居前）。 | 🔄 概念轮动主题 存储芯片 +3.12%、苹果链(同花顺果指数) +3.09%、中芯国际概念 +2.80%领涨；MLCC/元件涨价、CPO/光纤跟随，资金高度集中硬科技存储链。 | 🚦 涨跌停潮 涨停 86 / 跌停 17 / 炸板 31（东财涨跌停池），封板效率「一般」；多只 ST 股低迷（*ST 仕净、ST 雪浪跌超 10%）。 |
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| | 🔎 焦点个股 当日 4 档焦点（红涨绿跌） 北京君正 300223 +20.00% 存储芯片龙头 +20% 涨停，美光财报超预期催化存储链；5D +38.24%、20D +48.34%，主升浪扩散。 | 德明利 001309 +10.00% 存储模组 +10% 涨停，Fwd P/E 仅约 15 倍，YTD +284%、20D +33.98%，主升浪延续、估值仍便宜。 | 佰维存储 688525 +15.18% 存储模组放量大涨 +15.18%，5D +29.81%、YTD +318%，换手 28.99% 高活跃，资金主攻方向。 | 兆易创新 603986 +9.94% 存储/MCU 龙头逼近涨停 +9.94%，5D +32.28%、10D +61.22%、20D +50.77%，市值 5,440 亿，平台龙头共振。 |
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| | 📋 完整清单（市值前 300） 两张动态名单，每日重算 母体＝市值前 300（东财总市值）。① 5D 涨幅 > 10%（依 5D 由高至低，共 74 档）；② 20D 涨幅 > 20%（依 20D 由高至低，共 80 档）。每张表完整显示。1D/股价/Fwd P/E/净利/换手取自东方财富，5D/10D/20D 取自 Yahoo 自算，市值/YTD 取自东方财富。 每类别一色：特气/材料铜箔/材料电子布/玻纤PCB设备半导体材料存储/IC设计/算力电气设备PCB/覆铜板光模块/CPO元件/MLCC光纤光缆通信/网络设备半导体设备硅片/衬底小金属/钨晶圆代工/封测化工其他/科技消费电子自动化/机器人 ｜ 红=06/25 上涨 绿=06/25 下跌 ｜ 排序列加粗 ① 5D 涨幅 > 10%（市值前 300，依 5D 由高至低，共 74 档） | 代码 / 名称 | 类别 | 5D
涨幅 | 股价 | 1D | 5D | 10D | 20D | YTD | Fwd
P/E | 净利(亿)
最新报告 | 市值
(亿) | 换手
率 | 名次 /
在榜 | | 300223 北京君正 | 存储/IC设计/算力 | | 237.36 | +20.00% | +38.24% | +59.36% | +48.34% | +123.84% | 90 | 3.2 | 1,148 | 13.38% | 182 | | 688729 屹唐股份 | 半导体设备 | | 37.18 | -8.15% | +34.91% | +52.13% | +35.55% | +51.88% | 172 | 1.6 | 1,099 | 20.72% | 199 | | 603986 兆易创新 | 存储/IC设计/算力 | | 775.21 | +9.94% | +32.28% | +61.22% | +50.77% | +261.82% | 93 | 14.6 | 5,440 | 7.61% | 30 | | 688361 中科飞测 | 半导体设备 | | 332 | +6.29% | +31.90% | +63.40% | +41.46% | +117.01% | 亏损 | -0.7 | 1,163 | 2.3% | 174 | | 688521 芯原股份 | 存储/IC设计/算力 | | 338.05 | +12.35% | +31.30% | +47.93% | +33.91% | +146.81% | 亏损 | -3.4 | 1,778 | 6.31% | 115 | | 002428 云南锗业 | 小金属/钨 | | 130.1 | +5.70% | +31.07% | +62.18% | +59.28% | +309.76% | 2333 | 0.1 | 850 | 14.53% | 259 | | 688766 普冉股份 | 存储/IC设计/算力 | | 754.15 | +1.91% | +29.98% | +96.73% | +81.50% | +492.84% | 112 | 2.5 | 1,121 | 6.44% | 190 | | 688525 佰维存储 | 存储/IC设计/算力 | | 480.3 | +15.18% | +29.81% | +51.51% | +51.52% | +318.42% | 20 | 29.0 | 2,265 | 10.28% | 78 | | 600176 中国巨石 | 电子布/玻纤 | | 70.8 | +9.23% | +29.67% | +79.83% | +79.10% | +314.04% | 56 | 12.7 | 2,834 | 5.37% | 64 | | 300857 协创数据 | 存储/IC设计/算力 | | 341.98 | +0.53% | +28.09% | +53.89% | +39.00% | +183.83% | 56 | 7.5 | 1,674 | 4.82% | 122 | | 603083 剑桥科技 | 光模块/CPO | | 260.4 | -0.69% | +28.09% | +47.96% | +38.14% | +93.78% | 203 | 1.2 | 959 | 11.75% | 228 | | 600584 长电科技 | 封测 | | 104.17 | +10.00% | +27.41% | +40.68% | +20.90% | +183.22% | 161 | 2.9 | 1,864 | 6.69% | 101 | | 688347 华虹宏力 | 晶圆代工/封测 | | 330.36 | +4.54% | +26.72% | +48.94% | +53.22% | +206.26% | 1028 | 1.4 | 5,741 | 6.08% | 27 | | 601872 招商轮船 | 航运 | | 21.6 | -1.41% | +26.32% | +47.74% | +32.60% | +140.53% | 16 | 27.6 | 1,744 | 3.07% | 118 | | 600703 三安光电 | 晶圆代工/封测 | | 21.67 | -0.64% | +26.28% | +39.18% | +30.46% | +53.36% | 400 | 0.7 | 1,081 | 13.77% | 205 | | 688172 燕东微 | 晶圆代工/封测 | | 83.99 | -0.32% | +26.00% | +35.71% | +28.92% | +190.22% | 亏损 | -2.6 | 1,199 | 2.37% | 164 | | 001309 德明利 | 存储/IC设计/算力 | | 891 | +10.00% | +25.56% | +41.89% | +33.98% | +284.23% | 15 | 33.5 | 2,021 | 12.3% | 91 | | 688249 晶合集成 | 晶圆代工/封测 | | 58.21 | +1.77% | +25.37% | +51.55% | +35.37% | +75.38% | 577 | 0.5 | 1,169 | 2.43% | 171 | | 300285 国瓷材料 | 半导体材料 | | 98.4 | +7.28% | +25.35% | +60.97% | +101.10% | +258.99% | 172 | 1.4 | 981 | 18% | 224 | | 688200 华峰测控 | 半导体设备 | | 454.74 | +3.59% | +24.99% | +43.97% | +64.42% | +253.84% | 242 | 0.9 | 912 | 2.47% | 242 | | 601869 长飞光纤 | 光纤光缆 | | 575 | -0.86% | +24.86% | +27.02% | +57.06% | +394.16% | 240 | 5.0 | 4,760 | 4.43% | 33 | | 300475 香农芯创 | 存储/IC设计/算力 | | 306.25 | +5.75% | +24.85% | +71.87% | +58.91% | +112.17% | 27 | 13.3 | 1,438 | 12.47% | 140 | | 600522 中天科技 | 光纤光缆 | | 68.1 | +10.00% | +24.02% | +35.66% | +74.39% | +275.83% | 63 | 9.2 | 2,324 | 9.26% | 75 | | 000021 深科技 | 存储/封测 | | 53.2 | +5.83% | +23.98% | +37.97% | +20.96% | +110.44% | 86 | 2.4 | 838 | 14.26% | 262 | | 002409 雅克科技 | 半导体材料 | | 181.03 | +4.61% | +22.38% | +47.72% | +52.88% | +144.30% | 81 | 2.7 | 862 | 12.79% | 257 | | 600460 士兰微 | 晶圆代工/封测 | | 49.86 | -0.30% | +22.12% | +48.70% | +40.13% | +75.50% | 99 | 2.1 | 830 | 10.13% | 270 | | 003031 中瓷电子 | 晶圆代工/封测 | | 195.57 | +0.81% | +22.03% | +39.69% | +32.86% | +167.32% | 114 | 1.9 | 882 | 4.75% | 253 | | 300373 扬杰科技 | 功率半导体 | | 137.45 | +3.35% | +20.46% | +36.90% | +24.93% | +102.13% | 49 | 3.9 | 747 | 6.7% | 296 | | 603259 药明康德 | CXO/创新药 | | 117.22 | +1.58% | +19.37% | +20.80% | +14.22% | +29.32% | 19 | 46.5 | 3,498 | 3.09% | 43 | | 300033 同花顺 | 金融科技 | | 259 | +7.83% | +19.16% | +30.54% | +8.37% | +12.55% | 190 | 2.6 | 1,949 | 8.62% | 97 | | 301526 国际复材 | 电子布/玻纤 | | 47.88 | +6.45% | +19.02% | +89.92% | +121.87% | +584.00% | 167 | 2.7 | 1,805 | 12.37% | 112 | | 688048 长光华芯 | 光模块/激光 | | 441.8 | +5.19% | +18.92% | +29.18% | +22.61% | +252.45% | 4346 | 0.0 | 779 | 8.47% | 290 | | 688506 百利天恒 | 创新药 | | 273 | +10.21% | +18.70% | +24.10% | +15.82% | -15.51% | 亏损 | -7.8 | 1,127 | 0.85% | 186 | | 301308 江波龙 | 存储/IC设计/算力 | | 677.3 | +9.25% | +18.48% | +33.59% | +22.79% | +176.63% | 19 | 38.6 | 2,865 | 9.57% | 63 | | 301200 大族数控 | PCB设备 | | 387.54 | +8.41% | +18.12% | +43.10% | +27.90% | +226.29% | 147 | 3.2 | 1,895 | 1.22% | 99 | | 002636 金安国纪 | 覆铜板/材料 | | 112.99 | -2.44% | +18.05% | +45.94% | +131.73% | +576.18% | 102 | 2.0 | 823 | 4.6% | 276 | | 000657 中钨高新 | 小金属/钨 | | 105.68 | +5.60% | +18.04% | +44.97% | +63.01% | +281.38% | 65 | 9.2 | 2,408 | 7.08% | 72 | | 688313 仕佳光子 | 光模块/CPO | | 199.94 | -1.67% | +17.94% | +31.86% | +28.99% | +125.21% | 194 | 1.2 | 904 | 6.44% | 246 | | 002185 华天科技 | 封测 | | 22.4 | +6.77% | +17.59% | +30.92% | +11.17% | +104.19% | 214 | 0.9 | 744 | 16.5% | 297 | | 300604 长川科技 | 半导体设备 | | 309.99 | +0.86% | +17.42% | +36.72% | +40.78% | +205.98% | 139 | 3.5 | 1,967 | 6.62% | 96 | | 688110 东芯股份 | 存储/IC设计/算力 | | 179.45 | +4.50% | +17.36% | +40.67% | +21.25% | +36.62% | 144 | 1.4 | 794 | 7.68% | 281 | | 688041 海光信息 | 算力/CPU | | 360.28 | +6.88% | +16.89% | +26.50% | +13.73% | +60.55% | 305 | 6.9 | 8,374 | 2.6% | 19 | | 688808 联讯仪器 | 半导体设备 | | 2700 | +4.41% | +16.58% | +24.54% | +52.78% | — | 583 | 1.2 | 2,772 | 5.43% | 66 | | 002837 英维克 | 液冷/温控 | | 86.99 | +4.98% | +16.58% | +26.26% | +19.01% | +5.80% | 3201 | 0.1 | 1,109 | 9.12% | 192 | | 688981 中芯国际 | 晶圆代工/封测 | | 156.86 | +3.52% | +16.45% | +25.15% | +7.28% | +27.70% | 247 | 13.6 | 13,428 | 5.93% | 11 | | 688498 源杰科技 | 光模块/CPO | | 1875 | +2.01% | +16.32% | +29.31% | +66.81% | +323.49% | 325 | 1.8 | 2,334 | 3.29% | 73 | | 002156 通富微电 | 封测 | | 77.81 | +4.25% | +15.75% | +26.64% | +8.79% | +106.39% | 90 | 3.3 | 1,181 | 13.86% | 168 | | 688820 盛合晶微 | 晶圆代工/封测 | | 210.5 | -1.63% | +15.74% | +24.06% | -0.64% | — | 512 | 1.9 | 3,921 | 17.95% | 37 | | 600105 永鼎股份 | 光纤光缆 | | 72.96 | +6.14% | +15.64% | +39.50% | +50.43% | +190.68% | 168 | 1.6 | 1,067 | 9.03% | 209 | | 688469 芯联集成-U | 晶圆代工/封测 | | 9.94 | -0.70% | +15.58% | +38.44% | +16.53% | +48.58% | 亏损 | -0.9 | 833 | 5.65% | 267 | | 688234 天岳先进 | 硅片/衬底 | | 172.28 | -1.94% | +15.11% | +37.71% | +3.17% | +93.83% | 亏损 | -0.6 | 835 | 6.62% | 265 | | 688396 XD华润微 | 晶圆代工/封测 | | 84.72 | +0.13% | +14.83% | +32.73% | +28.40% | +60.27% | 85 | 3.3 | 1,125 | 3.29% | 188 | | 002648 卫星化学 | 化工 | | 25.68 | +0.08% | +14.64% | +8.17% | +8.13% | +45.25% | 10 | 21.2 | 865 | 6.13% | 255 | | 688235 百济神州 | 创新药 | | 242.71 | +2.50% | +14.64% | +13.77% | +1.39% | -9.64% | 58 | 16.1 | 3,741 | 5.3% | 40 | | 688082 盛美上海 | 半导体设备 | | 412.97 | +2.68% | +14.33% | +55.84% | +71.36% | +134.58% | 478 | 1.0 | 1,993 | 1.69% | 93 | | 601066 中信建投 | 证券 | | 29.56 | +6.60% | +14.04% | +18.48% | +24.57% | +10.42% | 16 | 36.7 | 2,293 | 2.37% | 77 | | 688256 寒武纪 | 算力/AI芯片 | | 1505 | +3.58% | +14.02% | +22.26% | +12.31% | +65.43% | 233 | 10.1 | 9,456 | 2.54% | 14 | | 688012 中微公司 | 半导体设备 | | 399.13 | +4.21% | +13.71% | +38.05% | +30.69% | +118.06% | 102 | 9.3 | 3,782 | 3.17% | 39 | | 688120 华海清科 | 半导体设备 | | 252.5 | +4.13% | +13.58% | +38.57% | +25.36% | +135.54% | 126 | 2.5 | 1,249 | 2.69% | 163 | | 002371 北方华创 | 半导体设备 | | 798 | +3.63% | +13.32% | +28.88% | +21.87% | +73.83% | 89 | 16.4 | 5,791 | 1.64% | 26 | | 603019 中科曙光 | 算力/服务器 | | 97.82 | +10.00% | +13.07% | +18.28% | +7.51% | +14.22% | 157 | 2.3 | 1,431 | 9% | 142 | | 002600 领益智造 | 消费电子 | | 17.88 | +1.25% | +12.81% | +28.63% | +15.21% | +15.06% | 83 | 3.9 | 1,307 | 6.17% | 155 | | 002080 中材科技 | 玻纤/材料 | | 92.93 | +10.00% | +12.77% | +47.98% | +31.35% | +155.72% | 77 | 5.1 | 1,559 | 2.26% | 129 | | 002008 大族激光 | 激光/设备 | | 152.8 | +0.37% | +12.49% | +24.76% | +16.37% | +270.96% | 111 | 3.5 | 1,573 | 9.13% | 127 | | 600869 远东股份 | 电气设备 | | 37.31 | -1.22% | +12.18% | +18.26% | +76.24% | +363.48% | 214 | 1.0 | 828 | 4.92% | 273 | | 000725 京东方Ａ | 面板/消费电子 | | 7.52 | +6.36% | +12.07% | +24.71% | +31.47% | +78.62% | 41 | 17.1 | 2,786 | 10.45% | 65 | | 002436 兴森科技 | PCB/覆铜板 | | 53.53 | +6.57% | +11.99% | +43.59% | +44.60% | +152.86% | 1213 | 0.2 | 910 | 10.46% | 244 | | 688072 拓荆科技 | 半导体设备 | | 823 | +0.37% | +11.22% | +33.17% | +23.39% | +149.39% | 102 | 5.7 | 2,327 | 2.73% | 74 | | 300059 东方财富 | 证券/金融科技 | | 21.11 | +4.61% | +10.87% | +18.73% | +7.65% | -8.93% | 22 | 37.4 | 3,340 | 6.77% | 46 | | 600487 亨通光电 | 光纤光缆 | | 123 | +3.34% | +10.81% | +15.08% | +79.07% | +397.37% | 69 | 11.1 | 3,034 | 6.61% | 57 | | 600026 中远海能 | 航运 | | 21.78 | -4.60% | +10.61% | +31.36% | +7.29% | +86.47% | 14 | 21.7 | 1,192 | 4.35% | 166 | | 300136 信维通信 | 消费电子/元件 | | 116.73 | +13.20% | +10.58% | +21.10% | +4.24% | +88.27% | 269 | 1.1 | 1,129 | 18.9% | 185 | | 002475 立讯精密 | 消费电子 | | 74.42 | -0.84% | +10.55% | +13.60% | +3.95% | +31.23% | 37 | 36.6 | 5,446 | 3.46% | 29 | | 600498 烽火通信 | 通信/网络设备 | | 84.69 | +2.95% | +10.45% | +52.05% | +68.54% | +164.00% | 749 | 0.4 | 1,150 | 8.14% | 181 |
② 20D 涨幅 > 20%（市值前 300，依 20D 由高至低，共 80 档） | 代码 / 名称 | 类别 | 20D
涨幅 | 股价 | 1D | 5D | 10D | 20D | YTD | Fwd
P/E | 净利(亿)
最新报告 | 市值
(亿) | 换手
率 | 名次 /
在榜 | | 002636 金安国纪 | 覆铜板/材料 | | 112.99 | -2.44% | +18.05% | +45.94% | +131.73% | +576.18% | 102 | 2.0 | 823 | 4.6% | 276 | | 301526 国际复材 | 电子布/玻纤 | | 47.88 | +6.45% | +19.02% | +89.92% | +121.87% | +584.00% | 167 | 2.7 | 1,805 | 12.37% | 112 | | 300285 国瓷材料 | 半导体材料 | | 98.4 | +7.28% | +25.35% | +60.97% | +101.10% | +258.99% | 172 | 1.4 | 981 | 18% | 224 | | 301377 鼎泰高科 | PCB设备 | | 640.5 | +3.31% | +8.56% | +48.20% | +84.54% | +360.46% | 253 | 2.6 | 2,635 | 4.08% | 69 | | 688766 普冉股份 | 存储/IC设计/算力 | | 754.15 | +1.91% | +29.98% | +96.73% | +81.50% | +492.84% | 112 | 2.5 | 1,121 | 6.44% | 190 | | 000636 风华高科 | 元件/MLCC | | 79.62 | +10.00% | +7.51% | +33.12% | +80.05% | +389.07% | 260 | 0.9 | 921 | 12.54% | 239 | | 300666 江丰电子 | 半导体材料 | | 330 | +8.54% | +9.43% | +35.43% | +79.93% | +258.70% | 109 | 2.1 | 911 | 11.57% | 243 | | 301217 铜冠铜箔 | 铜箔/材料 | | 183.27 | -1.83% | +0.87% | +49.24% | +79.82% | +434.63% | 357 | 1.1 | 1,519 | 6.1% | 134 | | 600176 中国巨石 | 电子布/玻纤 | | 70.8 | +9.23% | +29.67% | +79.83% | +79.10% | +314.04% | 56 | 12.7 | 2,834 | 5.37% | 64 | | 600487 亨通光电 | 光纤光缆 | | 123 | +3.34% | +10.81% | +15.08% | +79.07% | +397.37% | 69 | 11.1 | 3,034 | 6.61% | 57 | | 600869 远东股份 | 电气设备 | | 37.31 | -1.22% | +12.18% | +18.26% | +76.24% | +363.48% | 214 | 1.0 | 828 | 4.92% | 273 | | 688519 南亚新材 | PCB/覆铜板 | | 379.98 | +5.00% | -3.80% | +31.07% | +75.67% | +369.92% | 149 | 1.5 | 894 | 2.94% | 248 | | 600522 中天科技 | 光纤光缆 | | 68.1 | +10.00% | +24.02% | +35.66% | +74.39% | +275.83% | 63 | 9.2 | 2,324 | 9.26% | 75 | | 688082 盛美上海 | 半导体设备 | | 412.97 | +2.68% | +14.33% | +55.84% | +71.36% | +134.58% | 478 | 1.0 | 1,993 | 1.69% | 93 | | 600378 昊华科技 | 特气/材料 | | 68.4 | +1.86% | +7.21% | +17.77% | +71.00% | +114.02% | 72 | 3.1 | 882 | 7.53% | 252 | | 600498 烽火通信 | 通信/网络设备 | | 84.69 | +2.95% | +10.45% | +52.05% | +68.54% | +164.00% | 749 | 0.4 | 1,150 | 8.14% | 181 | | 688498 源杰科技 | 光模块/CPO | | 1875 | +2.01% | +16.32% | +29.31% | +66.81% | +323.49% | 325 | 1.8 | 2,334 | 3.29% | 73 | | 600549 厦门钨业 | 小金属/钨 | | 85.86 | +3.41% | +6.21% | +34.68% | +66.52% | +109.11% | 31 | 11.1 | 1,363 | 6.18% | 149 | | 688200 华峰测控 | 半导体设备 | | 454.74 | +3.59% | +24.99% | +43.97% | +64.42% | +253.84% | 242 | 0.9 | 912 | 2.47% | 242 | | 002484 江海股份 | 元件/MLCC | | 111.02 | +10.00% | +5.80% | +26.74% | +64.23% | +273.80% | 146 | 1.6 | 944 | 2.6% | 234 | | 000657 中钨高新 | 小金属/钨 | | 105.68 | +5.60% | +18.04% | +44.97% | +63.01% | +281.38% | 65 | 9.2 | 2,408 | 7.08% | 72 | | 002428 云南锗业 | 小金属/钨 | | 130.1 | +5.70% | +31.07% | +62.18% | +59.28% | +309.76% | 2333 | 0.1 | 850 | 14.53% | 259 | | 300475 香农芯创 | 存储/IC设计/算力 | | 306.25 | +5.75% | +24.85% | +71.87% | +58.91% | +112.17% | 27 | 13.3 | 1,438 | 12.47% | 140 | | 601869 长飞光纤 | 光纤光缆 | | 575 | -0.86% | +24.86% | +27.02% | +57.06% | +394.16% | 240 | 5.0 | 4,760 | 4.43% | 33 | | 603256 宏和科技 | 电子布/玻纤 | | 276.76 | +3.28% | +6.90% | +39.88% | +53.82% | +651.86% | 446 | 1.4 | 2,504 | 1.69% | 71 | | 688783 西安奕材-U | 硅片/衬底 | | 51.6 | +6.70% | -5.32% | +10.73% | +53.53% | +116.81% | 亏损 | -1.6 | 2,084 | 18.62% | 83 | | 688347 华虹宏力 | 晶圆代工/封测 | | 330.36 | +4.54% | +26.72% | +48.94% | +53.22% | +206.26% | 1028 | 1.4 | 5,741 | 6.08% | 27 | | 002409 雅克科技 | 半导体材料 | | 181.03 | +4.61% | +22.38% | +47.72% | +52.88% | +144.30% | 81 | 2.7 | 862 | 12.79% | 257 | | 688808 联讯仪器 | 半导体设备 | | 2700 | +4.41% | +16.58% | +24.54% | +52.78% | — | 583 | 1.2 | 2,772 | 5.43% | 66 | | 300620 光库科技 | 光模块/CPO | | 395.46 | -2.60% | +0.07% | +37.98% | +52.19% | +168.93% | 551 | 0.5 | 985 | 6.7% | 223 | | 688525 佰维存储 | 存储/IC设计/算力 | | 480.3 | +15.18% | +29.81% | +51.51% | +51.52% | +318.42% | 20 | 29.0 | 2,265 | 10.28% | 78 | | 603986 兆易创新 | 存储/IC设计/算力 | | 775.21 | +9.94% | +32.28% | +61.22% | +50.77% | +261.82% | 93 | 14.6 | 5,440 | 7.61% | 30 | | 600105 永鼎股份 | 光纤光缆 | | 72.96 | +6.14% | +15.64% | +39.50% | +50.43% | +190.68% | 168 | 1.6 | 1,067 | 9.03% | 209 | | 601208 东材科技 | 电气设备 | | 77.58 | +4.06% | +5.98% | +24.43% | +48.48% | +186.38% | 105 | 1.9 | 784 | 8.9% | 286 | | 300223 北京君正 | 存储/IC设计/算力 | | 237.36 | +20.00% | +38.24% | +59.36% | +48.34% | +123.84% | 90 | 3.2 | 1,148 | 13.38% | 182 | | 301511 德福科技 | 铜箔/材料 | | 152.55 | +5.94% | -6.30% | +11.27% | +44.87% | +326.24% | 163 | 1.5 | 962 | 10.25% | 227 | | 002436 兴森科技 | PCB/覆铜板 | | 53.53 | +6.57% | +11.99% | +43.59% | +44.60% | +152.86% | 1213 | 0.2 | 910 | 10.46% | 244 | | 600160 巨化股份 | 化工 | | 50.8 | +0.14% | +6.50% | +25.77% | +44.32% | +32.22% | 29 | 11.7 | 1,371 | 3.77% | 148 | | 688777 中控技术 | 自动化/机器人 | | 119.7 | -1.47% | +2.13% | +15.78% | +43.37% | +142.60% | 317 | 0.8 | 947 | 2.57% | 233 | | 600183 生益科技 | PCB/覆铜板 | | 187.2 | +5.58% | +3.91% | +27.43% | +42.08% | +162.15% | 98 | 11.6 | 4,547 | 2.99% | 34 | | 688361 中科飞测 | 半导体设备 | | 332 | +6.29% | +31.90% | +63.40% | +41.46% | +117.01% | 亏损 | -0.7 | 1,163 | 2.3% | 174 | | 300604 长川科技 | 半导体设备 | | 309.99 | +0.86% | +17.42% | +36.72% | +40.78% | +205.98% | 139 | 3.5 | 1,967 | 6.62% | 96 | | 600460 士兰微 | 晶圆代工/封测 | | 49.86 | -0.30% | +22.12% | +48.70% | +40.13% | +75.50% | 99 | 2.1 | 830 | 10.13% | 270 | | 300857 协创数据 | 存储/IC设计/算力 | | 341.98 | +0.53% | +28.09% | +53.89% | +39.00% | +183.83% | 56 | 7.5 | 1,674 | 4.82% | 122 | | 300433 蓝思科技 | 消费电子 | | 55.72 | +5.29% | +8.81% | +32.32% | +38.33% | +84.08% | 亏损 | -1.5 | 2,941 | 4.31% | 60 | | 603083 剑桥科技 | 光模块/CPO | | 260.4 | -0.69% | +28.09% | +47.96% | +38.14% | +93.78% | 203 | 1.2 | 959 | 11.75% | 228 | | 688729 屹唐股份 | 半导体设备 | | 37.18 | -8.15% | +34.91% | +52.13% | +35.55% | +51.88% | 172 | 1.6 | 1,099 | 20.72% | 199 | | 688249 晶合集成 | 晶圆代工/封测 | | 58.21 | +1.77% | +25.37% | +51.55% | +35.37% | +75.38% | 577 | 0.5 | 1,169 | 2.43% | 171 | | 001309 德明利 | 存储/IC设计/算力 | | 891 | +10.00% | +25.56% | +41.89% | +33.98% | +284.23% | 15 | 33.5 | 2,021 | 12.3% | 91 | | 688521 芯原股份 | 存储/IC设计/算力 | | 338.05 | +12.35% | +31.30% | +47.93% | +33.91% | +146.81% | 亏损 | -3.4 | 1,778 | 6.31% | 115 | | 300408 三环集团 | 元件/MLCC | | 163.62 | +12.64% | +5.25% | +23.95% | +33.04% | +257.64% | 99 | 7.9 | 3,136 | 4.75% | 54 | | 003031 中瓷电子 | 晶圆代工/封测 | | 195.57 | +0.81% | +22.03% | +39.69% | +32.86% | +167.32% | 114 | 1.9 | 882 | 4.75% | 253 | | 601872 招商轮船 | 航运 | | 21.6 | -1.41% | +26.32% | +47.74% | +32.60% | +140.53% | 16 | 27.6 | 1,744 | 3.07% | 118 | | 000725 京东方Ａ | 面板/消费电子 | | 7.52 | +6.36% | +12.07% | +24.71% | +31.47% | +78.62% | 41 | 17.1 | 2,786 | 10.45% | 65 | | 688809 强一股份 | PCB | | 612.2 | -1.73% | +3.42% | +13.16% | +31.37% | +138.40% | 177 | 1.1 | 793 | 10.2% | 283 | | 002080 中材科技 | 玻纤/材料 | | 92.93 | +10.00% | +12.77% | +47.98% | +31.35% | +155.72% | 77 | 5.1 | 1,559 | 2.26% | 129 | | 688012 中微公司 | 半导体设备 | | 399.13 | +4.21% | +13.71% | +38.05% | +30.69% | +118.06% | 102 | 9.3 | 3,782 | 3.17% | 39 | | 600703 三安光电 | 晶圆代工/封测 | | 21.67 | -0.64% | +26.28% | +39.18% | +30.46% | +53.36% | 400 | 0.7 | 1,081 | 13.77% | 205 | | 300054 鼎龙股份 | 半导体材料 | | 95.45 | -1.29% | +4.74% | +34.36% | +30.04% | +153.86% | 91 | 2.5 | 910 | 6.94% | 245 | | 688313 仕佳光子 | 光模块/CPO | | 199.94 | -1.67% | +17.94% | +31.86% | +28.99% | +125.21% | 194 | 1.2 | 904 | 6.44% | 246 | | 002281 光迅科技 | 光模块/CPO | | 261.46 | -1.84% | +8.04% | +29.05% | +28.99% | +273.78% | 225 | 2.4 | 2,164 | 7.11% | 80 | | 688172 燕东微 | 晶圆代工/封测 | | 83.99 | -0.32% | +26.00% | +35.71% | +28.92% | +190.22% | 亏损 | -2.6 | 1,199 | 2.37% | 164 | | 688396 XD华润微 | 晶圆代工/封测 | | 84.72 | +0.13% | +14.83% | +32.73% | +28.40% | +60.27% | 85 | 3.3 | 1,125 | 3.29% | 188 | | 301200 大族数控 | PCB设备 | | 387.54 | +8.41% | +18.12% | +43.10% | +27.90% | +226.29% | 147 | 3.2 | 1,895 | 1.22% | 99 | | 002851 麦格米特 | 电气设备 | | 171.98 | +0.98% | -3.87% | +18.11% | +26.59% | +90.94% | 218 | 1.1 | 1,001 | 8.98% | 221 | | 688120 华海清科 | 半导体设备 | | 252.5 | +4.13% | +13.58% | +38.57% | +25.36% | +135.54% | 126 | 2.5 | 1,249 | 2.69% | 163 | | 300373 扬杰科技 | 功率半导体 | | 137.45 | +3.35% | +20.46% | +36.90% | +24.93% | +102.13% | 49 | 3.9 | 747 | 6.7% | 296 | | 601066 中信建投 | 证券 | | 29.56 | +6.60% | +14.04% | +18.48% | +24.57% | +10.42% | 16 | 36.7 | 2,293 | 2.37% | 77 | | 002384 东山精密 | PCB/消费电子 | | 275.8 | +7.26% | +7.35% | +29.93% | +23.47% | +225.81% | 114 | 11.1 | 5,052 | 5.71% | 31 | | 688072 拓荆科技 | 半导体设备 | | 823 | +0.37% | +11.22% | +33.17% | +23.39% | +149.39% | 102 | 5.7 | 2,327 | 2.73% | 74 | | 300502 新易盛 | 光模块/CPO | | 610.49 | +9.94% | +9.43% | +10.64% | +22.98% | +98.36% | 77 | 27.8 | 8,512 | 5.54% | 18 | | 301308 江波龙 | 存储/IC设计/算力 | | 677.3 | +9.25% | +18.48% | +33.59% | +22.79% | +176.63% | 19 | 38.6 | 2,865 | 9.57% | 63 | | 000776 广发证券 | 证券 | | 23.14 | +2.12% | +8.03% | +21.41% | +22.63% | +5.09% | 10 | 47.1 | 1,811 | 3.22% | 109 | | 688048 长光华芯 | 光模块/激光 | | 441.8 | +5.19% | +18.92% | +29.18% | +22.61% | +252.45% | 4346 | 0.0 | 779 | 8.47% | 290 | | 300548 长芯博创 | 光模块/CPO | | 281.9 | -0.12% | +4.45% | +23.01% | +22.06% | +98.52% | 160 | 1.3 | 831 | 6.99% | 269 | | 002371 北方华创 | 半导体设备 | | 798 | +3.63% | +13.32% | +28.88% | +21.87% | +73.83% | 89 | 16.4 | 5,791 | 1.64% | 26 | | 688110 东芯股份 | 存储/IC设计/算力 | | 179.45 | +4.50% | +17.36% | +40.67% | +21.25% | +36.62% | 144 | 1.4 | 794 | 7.68% | 281 | | 000021 深科技 | 存储/封测 | | 53.2 | +5.83% | +23.98% | +37.97% | +20.96% | +110.44% | 86 | 2.4 | 838 | 14.26% | 262 | | 600584 长电科技 | 封测 | | 104.17 | +10.00% | +27.41% | +40.68% | +20.90% | +183.22% | 161 | 2.9 | 1,864 | 6.69% | 101 | | 002463 沪电股份 | PCB/覆铜板 | | 154.99 | +8.12% | +5.76% | +18.68% | +20.81% | +112.11% | 60 | 12.4 | 2,983 | 5.43% | 58 |
注：中船特气（688146）6/25 停牌无成交，已自清单剔除。1D/股价/Fwd P/E/净利/换手取自东方财富，5D/10D/20D 取自 Yahoo 自算，市值/YTD 取自东方财富；Fwd P/E 净利为负时显示「亏损」。 |
| | 🏆 动能+估值 Top5 精选排序 🏆 动能+估值 Top5 精选排序5D/10D/20D 多周期共振 × Fwd P/E 相对产业合理带的便宜度 1 | 香农芯创 300475 存储/IC设计/算力 5D +24.9%10D +71.9%20D +58.9%Fwd P/E 27市值 1,438亿 动能+估值双优的存储分销＋自研龙头。5D +24.85% / 10D +71.87% / 20D +58.91% 三框架同步走强；Fwd P/E 仅约 27 倍，远低于存储/算力族群合理带（60–100）下缘，动能不输估值却最便宜，风险报酬最佳，列第一。 |
2 | 佰维存储 688525 存储/IC设计/算力 5D +29.8%10D +51.5%20D +51.5%Fwd P/E 20市值 2,265亿 存储模组放量大涨 +15.18%，5D +29.81% / 10D +51.51% / 20D +51.52% 三周期强势共振；Fwd P/E 约 20 倍落合理带下缘，换手 28.99% 高活跃、资金主攻，列第二。 |
3 | 德明利 001309 存储/IC设计/算力 5D +25.6%10D +41.9%20D +34.0%Fwd P/E 15市值 2,021亿 存储模组 +10% 涨停，5D +25.56% / 10D +41.89% / 20D +33.98% 共振；Fwd P/E 仅约 15 倍为存储链最便宜，YTD +284% 主升浪延续，列第三。 |
4 | 厦门钨业 600549 小金属/钨 5D +6.2%10D +34.7%20D +66.5%Fwd P/E 31市值 1,363亿 小金属/钨龙头，20D +66.52% 强势，5D +6.21% / 10D +34.68%；Fwd P/E 约 31 倍落周期股偏高位，钨价＋稀土磁材逻辑，列第四（非存储链分散配置）。 |
5 | 江波龙 301308 存储/IC设计/算力 5D +18.5%10D +33.6%20D +22.8%Fwd P/E 19市值 2,865亿 存储模组龙头 +9.25%，5D +18.48% / 10D +33.59% / 20D +22.79% 共振；Fwd P/E 约 19 倍落合理带下缘，存储涨价＋HBM 受益，收尾第五。 |
选股逻辑：从市值前 300 主清单中，取 5D/10D/20D 三个时间框架同步走强 且 Fwd P/E 落在或低于自身产业合理带 的标的，按「动能强度 × 估值便宜度」综合排序；剔除高动能但估值远超产业带的票。
产业合理 Fwd P/E 对照：存储/算力 60–100、半导体设备/封测 60–120、PCB/覆铜板 40–80、元件/MLCC 40–70、光模块/CPO 40–80、光纤光缆 35–70、特气/材料 40–90、周期股（玻纤/铜箔/钨/有色/化工）15–30。本表纯为公开数据（动能+估值）筛选排序，不构成投资建议。 |
| | 🤖 AI / 半导体子板块解构 06/25 收盘（红涨绿跌） | 存储芯片 当日主线 | 佰维存储 +15.18%、北京君正 +20%、德明利 +10%、兆易创新 +9.94%、江波龙 +9.25%、普冉股份 +1.91%——美光催化，20D 普遍 +30~80%。 | | 半导体设备 普涨 | 北方华创 +3.63%、中微公司 +4.21%、华峰测控 +3.59%、华海清科 +4.13%、盛美上海 +2.68%、拓荆科技 +0.37%；20D +20~70%。 | | 晶圆代工/封测 跟涨 | 中芯国际 +3.52%、华虹宏力 +4.54%、长电科技 +10%、通富微电 +4.25%、华天科技 +6.77%、三安光电 −0.64%。 | | 光模块/CPO/光纤 分化回吐 | 新易盛 +9.94%、源杰科技 +2.01% 红；长飞光纤 −0.86%、仕佳光子 −1.67%、光迅科技 −1.84%——高位回吐。 | | 算力/AI芯片/服务器 走强 | 寒武纪 +3.58%、海光信息 +6.88%、中科曙光 +10%。 | | 半导体材料/特气 分化 | 国瓷材料 +7.28%、雅克科技 +4.61%、江丰电子 +8.54%；鼎龙股份 −1.29%。 | | PCB/覆铜板/铜箔 分化 | 沪电股份 +8.12%、生益科技 +5.58%、南亚新材 +5% 红；金安国纪 −2.44%、铜冠铜箔 −1.83%。 | | 元件/MLCC 爆发 | 风华高科 +10%、三环集团 +12.64%、江海股份 +10%——被动元件涨价。 |
子板块由市值前 300 之个股人工分类，1D/多日涨幅取自东方财富与 Yahoo（06/25 收盘），行业强弱叙事取自同花顺复盘。小结：当日主线＝存储（美光财报），设备与封测跟涨，光模块/PCB/铜箔分化回吐。 |
| | 市值前 200 当日 涨 110 / 跌 87 / 平 3 涨跌比约 1.26，权重偏强 | 市值前 300 当日 涨 154 / 跌 143 / 平 3 涨跌比约 1.08，大盘股偏强 | 涨跌停 / 炸板 涨停 86 / 跌停 17 炸板 31（东财涨跌停池），封板效率一般 |
全市场：沪深 A 股 上涨 1,052（23%） / 停牌 19 / 下跌 3,529（77%），全市场逾 4,200 股下跌（来源：同花顺数据中心，不含科创板）。指数上涨与个股普跌极致背离，资金高度集中存储/半导体硬科技，呈典型「二八分化」。两市成交 3.62 万亿，较上日放量 3,120 亿。 |
| | 🔁 前一交易日 → 当日 变化追踪 6/24 → 6/25 | 标的 | 6/24 收 | | 6/25 收 | 1D | 状态/备注 | | 中芯国际 | 151.53 | → | 156.86 | +3.52% | 晶圆代工龙头续涨 | | 寒武纪 | 1,452.98 | → | 1,505.00 | +3.58% | AI 算力走强 | | 兆易创新 | 705.12 | → | 775.21 | +9.94% | 存储龙头逼近涨停 | | 北京君正 | 197.80 | → | 237.36 | +20.00% | 存储芯片 +20% 涨停 | | 佰维存储 | 417.00 | → | 480.30 | +15.18% | 存储模组放量大涨 | | 贵州茅台 | 1,207.63 | → | 1,212.10 | +0.37% | 白马小幅企稳 | | 宁德时代 | 395.38 | → | 401.90 | +1.65% | 锂电回升 | | 比亚迪 | 83.30 | → | 82.20 | -1.32% | 汽车小幅回调 |
前收为 6/24 收盘；前收＝今收÷(1+当日1D) 回算并经东财/Yahoo 校验。科技/存储普涨、茅指数/白马分化。 |
| | 📝 总结 6/25 A股呈「指数涨·个股跌」极致二八分化：三大指数集体上涨、科创50 +3.87% 与创业板 +2.84% 续创新高，但全市场逾 4,200 股下跌、量能放至 3.62 万亿（放 3,120 亿）。结构上存储芯片在美光财报超预期催化下全面爆发（北京君正 +20%、佰维 +15.18%、德明利/兆易等 10 余股涨停），元件/MLCC（风华高科 +10%、三环 +12.64%）涨价接力，券商/机场航运走强；另一方面贵金属（金价失守 4,000 美元）、银行 −0.66%、电力 −2.33%、煤炭/地产杀跌，资金高低切换、高度集中硬科技存储链。 指数与个股极致背离
三大指数集体上涨（科创50 +3.87%、创业板 +2.84% 续创新高），但逾 4,200 股下跌、市值前 200 仅 110 涨，二八分化加剧。 | | 存储芯片主升浪
美光财报超预期引爆，北京君正/德明利等 10 余股涨停、佰维 +15%；存储模组 PE 仅 15–20 倍仍具性价比。 | | 元件/MLCC 涨价链
风华高科 +10% 创新高、三环/江海跟涨；被动元件涨价逻辑发酵。 | | 高位回吐与杀跌
贵金属（金价失守 4,000 美元）、银行/电力/煤炭/地产走弱，资金高低切换。 | | 量能与情绪
两市 3.62 万亿放量 3,120 亿，但涨停 86 / 跌停 17 / 炸板 31、封板效率「一般」，赚钱效应集中硬科技。20D>20% 共 80 档、5D>10% 共 74 档。 | | 风险 / 事件
关注美光指引与 HBM 涨价持续性；6/30 PMI、6/27 美国 PCE、7/3 非农与 7 月底政治局会议定调。指数新高但个股普跌，防追高。 |
资料取自 futunn 网页行情、同花顺复盘，东方财富数据中心，Yahoo 交叉验证；本报告为公开信息之汇整，仅供研究参考，不构成任何投资建议。 |
| | A股 Daily Report ｜ 采用 2026/06/25 A股收盘 ｜ 资料取自 futunn 网页行情、同花顺复盘，东方财富数据中心，Yahoo 交叉验证 |
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