市场的双轮驱动系列二:全球科技共舞

开源证券股份有...
Aug 08, 2025

科技仍是核心主线本轮行情演绎至今,市场的上行基础与“双轮驱动”特征已逐步明晰:一方面,我们于7 月12 日发布的《剖析市场突破的核心动力》中提出,从交易行为、资金流向到制度支持,多重信号共同构筑了本轮市场上行的内在基础。此外,我们也多次强调,当前市场具备“下有底、中枢上移”的特征;另一方面,在这一中枢抬升的“增量市”环境下,本轮行情呈现鲜明的自下而上特征,并在中观行业线索与微观信号的推动下,逐步...

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