目 录
一、宏观流动性企稳，微观资金供求缺口扩大...................................................5
宏观流动性企稳，居民高负债率抑制储蓄活化............................................5
9 月份资金供给433 亿.................................................................................7
9 月份资金需求903 亿仍维持高位...............................................................8
资金供小于求，但缺口环比扩大...............................................................11
二、市场情绪趋于谨慎.....................................................................................11
领先子行业相对超额收益显示市场情绪趋弱.............................................11
基金仓位稳定............................................................................................12
新股上市首日溢价率环比提升...................................................................12
市场换手率、交易账户比例提高，但持仓账户持续减少...........................13
涨跌停数量差显示市场情绪趋弱...............................................................14
债券利差收窄显示市场情绪好转，但将趋于谨慎......................................14
三、股市估值接近历史均值..............................................................................14
绝对估值已经接近历史均值.......................................................................14
CVI 指数显示股市吸引力减小....................................................................15
四、资金流向统计............................................................................................15
全市场资金流向统计：全市场大幅净流出，创业板净流出趋缓.................15
行业资金流向统计：商业流入率最高，交运流出率最高...........................16
个股资金流向统计.....................................................................................17
附：9 月份需要重点关注的解禁个股................................................................18