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00867 康哲药业
交易中 01-02 09:47:54
13.200
+0.300
+2.33%
最高
13.270
最低
13.080
成交量
1.20万
今开
13.080
昨收
12.900
日振幅
1.47%
总市值
322.08亿
流通市值
322.02亿
总股本
24.40亿
成交额
15.72万
换手率
0.00%
流通股本
24.40亿
市净率
--
ROE
--
每股收益
0.00
52周最高
--
52周最低
--
市盈率
--
股息
--
股息收益率
--
ROA
--
分时
五日
日K
周K
月K
数据加载中...
北京优虎网络科技有限公司
免责声明:香港交易所资讯服务有限公司、其控股公司及/或该等控股公司的任何附属公司均竭力确保所提供信息的准确和可靠度,但不能保证其绝对准确和可靠,且亦不会承担因任何不准确或遗漏而引起的任何损失或损害的责任(不管是否侵权法下的责任或合约责任又或其它责任)
资讯
新帖
简况
康哲药业控股(00867)2025年12月无新增发行或股份变动,股本维持不变
公告速递 · 12-31 13:56
康哲药业控股(00867)2025年12月无新增发行或股份变动,股本维持不变
每日卖空追踪 | 康哲药业 12月29日卖空量成交33.2万股,卖空比例为5.32%
市场透视 · 2025-12-29
每日卖空追踪 | 康哲药业 12月29日卖空量成交33.2万股,卖空比例为5.32%
康哲药业12月29日主力净流出53.4万元 散户资金买入
市场透视 · 2025-12-29
康哲药业12月29日主力净流出53.4万元 散户资金买入
每日卖空追踪 | 康哲药业 12月23日卖空量成交9万股,卖空比例为2.54%
市场透视 · 2025-12-23
每日卖空追踪 | 康哲药业 12月23日卖空量成交9万股,卖空比例为2.54%
每日卖空追踪 | 康哲药业 12月17日卖空量成交31.3万股,卖空比例为9.27%
市场透视 · 2025-12-17
每日卖空追踪 | 康哲药业 12月17日卖空量成交31.3万股,卖空比例为9.27%
国元国际:给予康哲药业(00867)“买入”评级 目标价17.68港元
智通财经 · 2025-12-17
国元国际:给予康哲药业(00867)“买入”评级 目标价17.68港元
同仁堂回应磷虾油涉嫌造假;复星医药14.12亿元收购绿谷医药
21世纪经济报道 · 2025-12-16
同仁堂回应磷虾油涉嫌造假;复星医药14.12亿元收购绿谷医药
康哲药业(00867):创新药口服小分子JAK1抑制剂Povorcitinib 纳入突破性治疗品种名单
智通财经 · 2025-12-15
康哲药业(00867):创新药口服小分子JAK1抑制剂Povorcitinib 纳入突破性治疗品种名单
每日卖空追踪 | 康哲药业 12月15日卖空量成交99.6万股,卖空比例为11.35%
市场透视 · 2025-12-15
每日卖空追踪 | 康哲药业 12月15日卖空量成交99.6万股,卖空比例为11.35%
康哲药业12月15日主力净流出175.4万元 散户资金买入
市场透视 · 2025-12-15
康哲药业12月15日主力净流出175.4万元 散户资金买入
康哲药业12月12日获主力加仓703.9万元
市场透视 · 2025-12-12
康哲药业12月12日获主力加仓703.9万元
康哲药业(00867):抗急性缺血性卒中1类新药注射用Y-3中国上市许可申请已获受理
智通财经 · 2025-12-11
康哲药业(00867):抗急性缺血性卒中1类新药注射用Y-3中国上市许可申请已获受理
每日卖空追踪 | 康哲药业 12月11日卖空量成交39.5万股,卖空比例为9.29%
市场透视 · 2025-12-11
每日卖空追踪 | 康哲药业 12月11日卖空量成交39.5万股,卖空比例为9.29%
康哲药业12月09日获主力加仓1367.6万元
市场透视 · 2025-12-09
康哲药业12月09日获主力加仓1367.6万元
创新药概念股盘初强势 歌礼制药-B(01672)涨20.73% 机构指政策鼓励创新药发展
金吾财讯 · 2025-12-09
创新药概念股盘初强势 歌礼制药-B(01672)涨20.73% 机构指政策鼓励创新药发展
每日卖空追踪 | 康哲药业 12月08日卖空量成交26.9万股,卖空比例为9.04%
市场透视 · 2025-12-08
每日卖空追踪 | 康哲药业 12月08日卖空量成交26.9万股,卖空比例为9.04%
康哲药业12月08日主力净流入120.0万元 散户资金抛售
市场透视 · 2025-12-08
康哲药业12月08日主力净流入120.0万元 散户资金抛售
每日卖空追踪 | 康哲药业 12月04日卖空量成交19.4万股,卖空比例为13.56%
市场透视 · 2025-12-04
每日卖空追踪 | 康哲药业 12月04日卖空量成交19.4万股,卖空比例为13.56%
决胜港股升浪・致敬卓越力量,“第十届智通财经资本市场年会暨上市公司颁奖盛典”25项大奖揭晓!
智通财经 · 2025-12-03
决胜港股升浪・致敬卓越力量,“第十届智通财经资本市场年会暨上市公司颁奖盛典”25项大奖揭晓!
每日卖空追踪 | 康哲药业 12月03日卖空量成交32.9万股,卖空比例为11%
市场透视 · 2025-12-03
每日卖空追踪 | 康哲药业 12月03日卖空量成交32.9万股,卖空比例为11%
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公司概况
公司名称:
康哲药业
所属市场:
SEHK
上市日期:
--
主营业务:
康哲药业控股有限公司是一家主要从事药品生产、营销、推广及销售业务的投资控股公司。该公司的产品包括波依定、优思弗、施图伦滴眼液、喜辽妥、艾蓓尔产品系列及Vmonalisa莫娜丽莎等。其主要在售产品覆盖心脑血管、消化、眼科、皮肤科及医美领域。该公司主要在中国国内和海外市场销售其产品。
发行价格:
--
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13:56","pubTimestamp":1767160564,"startTime":"0","endTime":"0","summary":"China Medical System Holdings Limited 康哲药业控股有限公司于2025年12月31日公布2025年12月股份变动月报表。报告显示,截至2025年12月31日,公司注册股本仍为20,000,000,000股普通股,面值每股USD0.005,总额USD100,000,000,较上月无变化。公司已发行股份同样维持在2,439,528,512股,未有新增发行、购回或注销股票,同时无任何库藏股。根据公告内容,公司确认上述股份变动均符合香港联交所《上市规则》及相关法律规定。截至本月末,公司已发行股份总数保持不变。公告由公司秘书吴三燕代表董事会签署。","market":"sh","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding,SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00867"],"gpt_icon":0},{"id":"2595875785","title":"每日卖空追踪 | 康哲药业 12月29日卖空量成交33.2万股,卖空比例为5.32%","url":"https://stock-news.laohu8.com/highlight/detail?id=2595875785","media":"市场透视","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2595875785?lang=zh_cn&edition=full","pubTime":"2025-12-29 16:30","pubTimestamp":1766997015,"startTime":"0","endTime":"0","summary":"康哲药业北京时间12月29日,跌0.38%,卖空量成交33.2万股,较上一交易日增加290.59%更多个股卖空数据请看下面视窗:卖空数据是观测市场多空博弈的关键指标:短期可反映市场情绪,高卖空比例预示看空预期,但极端值可能触发轧空反弹;长期结合基本面恶化则预警下行风险。需注意其局限性:卖空行为包含对冲需求,未必单纯看空;机构可能通过衍生品做空未体现在数据中,且散户跟风易扭曲信号。股市有风险,请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251229163142a485471b&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, 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16:16","pubTimestamp":1766996162,"startTime":"0","endTime":"0","summary":"12月29日, 康哲药业股价跌0.38%,报收13.01元,成交金额8092.5万元,换手率0.26%,振幅4.21%,量比1.72。康哲药业今日主力资金净流出53.4万元,上一交易日主力净流入1203.1万元。该股近5个交易日下跌2.39%,主力资金累计净流入1987.4万元,其中1个交易日为股价上涨时净流出;近20日主力资金累计净流入6927.5万元,其中净流入天数为15日。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251229162253a4853bef&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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16:30","pubTimestamp":1766478616,"startTime":"0","endTime":"0","summary":"康哲药业北京时间12月23日,涨0.84%,卖空量成交9万股,较上一交易日减少83.61%更多个股卖空数据请看下面视窗:卖空数据是观测市场多空博弈的关键指标:短期可反映市场情绪,高卖空比例预示看空预期,但极端值可能触发轧空反弹;长期结合基本面恶化则预警下行风险。需注意其局限性:卖空行为包含对冲需求,未必单纯看空;机构可能通过衍生品做空未体现在数据中,且散户跟风易扭曲信号。股市有风险,请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251223163145a6c51b3f&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251223163145a6c51b3f&s=b","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tencent","symbols":["IE00BMCWC346.EUR","IE00BVYPNQ40.USD","SG9999015952.SGD","SG9999015945.SGD","BK1191","SG9999015986.USD","SG9999004220.SGD","BK1593","IE00BVYPNP33.GBP","SG9999015978.USD","IE00BYV24P56.USD","00867","LU2488822045.USD","IE00BGHQDM52.EUR"],"gpt_icon":0},{"id":"2592925245","title":"每日卖空追踪 | 康哲药业 12月17日卖空量成交31.3万股,卖空比例为9.27%","url":"https://stock-news.laohu8.com/highlight/detail?id=2592925245","media":"市场透视","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2592925245?lang=zh_cn&edition=full","pubTime":"2025-12-17 16:30","pubTimestamp":1765960215,"startTime":"0","endTime":"0","summary":"康哲药业北京时间12月17日,股价较前一交易日持平,卖空量成交31.3万股,较上一交易日减少73.89%更多个股卖空数据请看下面视窗:卖空数据是观测市场多空博弈的关键指标:短期可反映市场情绪,高卖空比例预示看空预期,但极端值可能触发轧空反弹;长期结合基本面恶化则预警下行风险。需注意其局限性:卖空行为包含对冲需求,未必单纯看空;机构可能通过衍生品做空未体现在数据中,且散户跟风易扭曲信号。股市有风险,请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251217163205a456103c&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251217163205a456103c&s=b","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tencent","symbols":["SG9999004220.SGD","IE00BMCWC346.EUR","SG9999015978.USD","IE00BYV24P56.USD","SG9999015945.SGD","SG9999015986.USD","00867","IE00BVYPNQ40.USD","SG9999015952.SGD","IE00BVYPNP33.GBP","BK1191","IE00BGHQDM52.EUR","LU2488822045.USD","BK1593"],"gpt_icon":0},{"id":"2592969704","title":"国元国际:给予康哲药业(00867)“买入”评级 目标价17.68港元","url":"https://stock-news.laohu8.com/highlight/detail?id=2592969704","media":"智通财经","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2592969704?lang=zh_cn&edition=full","pubTime":"2025-12-17 13:48","pubTimestamp":1765950511,"startTime":"0","endTime":"0","summary":"智通财经APP获悉,国元国际发布研报称,康哲药业已在全球布局40款以FIC、BIC为主的创新管线,5款已获批创新药加速释放商业化价值,7项NDA审评中,10余项临床试验推进。给予“买入”评级,目标价17.68港元/股。注射用Y-3市场空间在30亿元级别。皮肤健康线实现收入498.0百万元,同比增长104.3%,占集团药品销售收入的10.7%。预计2025-27年收入分别为人民币78.6亿、89.5亿、100.2亿元,净利润分别为人民币16.67亿、19.41亿、23.08亿,目标价17.68港元,对应2027年PE为16.9倍。","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1382487.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["00867"],"gpt_icon":0},{"id":"2591676206","title":"同仁堂回应磷虾油涉嫌造假;复星医药14.12亿元收购绿谷医药","url":"https://stock-news.laohu8.com/highlight/detail?id=2591676206","media":"21世纪经济报道","labels":["merge"],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2591676206?lang=zh_cn&edition=full","pubTime":"2025-12-16 07:34","pubTimestamp":1765841653,"startTime":"0","endTime":"0","summary":"资本市场复星医药:控股子公司拟出资14.12亿元投资绿谷医药12月15日,复星医药公告称,公司控股子公司复星医药产业拟出资共计14.12亿元投资绿谷医药,包括受让部分股权和认缴新增注册资本。完成后,公司将通过复星医药产业及SPV合计持有绿谷医药53%的股权。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251216073706a6a6ce59&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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发布公告,集团旗下德镁医药有限公司拥有相关许可权利的创新口服JAK1抑制剂povorcitinib已获中国国家药品监督管理局药品评审中心批准纳入突破性治疗品种名单,拟定适应症为成人患者非节段型白癜风。Povorcitinib目前正在海外若干国家进行非节段型白癜风、中重度化脓性汗腺炎和结节性痒疹的3期临床试验。本次该产品获纳入突破性治疗药物品种名单,有望加速其在中国大陆的研发与审评进程。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1381734.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["SG9999004220.SGD","IE00BMCWC346.EUR","SG9999015978.USD","IE00BYV24P56.USD","SG9999015945.SGD","159992","SG9999015986.USD","00867","BK1161","IE00BVYPNQ40.USD","SG9999015952.SGD","IE00BVYPNP33.GBP","BK1191","IE00BGHQDM52.EUR","LU2488822045.USD","BK1593","BK1574","06978"],"gpt_icon":0},{"id":"2591649590","title":"每日卖空追踪 | 康哲药业 12月15日卖空量成交99.6万股,卖空比例为11.35%","url":"https://stock-news.laohu8.com/highlight/detail?id=2591649590","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2591649590?lang=zh_cn&edition=full","pubTime":"2025-12-15 16:30","pubTimestamp":1765787415,"startTime":"0","endTime":"0","summary":"康哲药业北京时间12月15日,跌2.28%,卖空量成交99.6万股,较上一交易日减少68.43%更多个股卖空数据请看下面视窗:卖空数据是观测市场多空博弈的关键指标:短期可反映市场情绪,高卖空比例预示看空预期,但极端值可能触发轧空反弹;长期结合基本面恶化则预警下行风险。需注意其局限性:卖空行为包含对冲需求,未必单纯看空;机构可能通过衍生品做空未体现在数据中,且散户跟风易扭曲信号。股市有风险,请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251215163151a44d3db1&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, 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16:15","pubTimestamp":1765786552,"startTime":"0","endTime":"0","summary":"12月15日, 康哲药业股价跌2.28%,报收13.26元,成交金额1.2亿元,换手率0.36%,振幅4.13%,量比1.53。康哲药业今日主力资金净流出175.4万元,上一交易日主力净流入703.9万元。该股近5个交易日下跌2.34%,主力资金累计净流入2930.9万元;近20日主力资金累计净流入6784.1万元,其中净流入天数为15日。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251215162105a44d30a8&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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16:15","pubTimestamp":1765527344,"startTime":"0","endTime":"0","summary":"12月12日, 康哲药业股价涨5.44%,报收13.57元,成交金额1.3亿元,换手率0.39%,振幅6.14%,量比2.23。康哲药业今日主力资金净流入703.9万元,连续5日净流入,上一交易日主力净流入200.8万元。近一年数据显示,该股主力连续5日净流入后,次日上涨概率为70.00%,平均涨幅为1.96%。该股近5个交易日上涨4.97%,主力资金累计净流入3226.3万元,其中2个交易日为股价下跌时净流入;近20日主力资金累计净流入7168.5万元,其中净流入天数为16日。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251212162448a4445bfe&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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19:20","pubTimestamp":1765452050,"startTime":"0","endTime":"0","summary":"智通财经APP讯,康哲药业 发布公告,1类新药注射用Y-3新药上市许可申请已于2025年12月11日获得中国国家药品监督管理局受理。产品为一种拟用于急性缺血性卒中的脑细胞保护剂。产品中国III期临床研究由首都医科大学附属北京天坛医院任组长单位,于全国近40家研究中心纳入发病时间≤48小时的急性缺血性脑卒中患者近 1000例,旨在评价注射用Y-3治疗发病在48小时以内的急性缺血性脑卒中患者的有效性和安全性。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1380541.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"康哲药业(00867):抗急性缺血性卒中1类新药注射用Y-3中国上市许可申请已获受理","news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["BK1191","SG9999004220.SGD","SG9999015978.USD","BK1593","SG9999015986.USD","IE00BYV24P56.USD","IE00BGHQDM52.EUR","IE00BVYPNP33.GBP","SG9999015945.SGD","LU2488822045.USD","IE00BVYPNQ40.USD","00867","SG9999015952.SGD","IE00BMCWC346.EUR"],"gpt_icon":0},{"id":"2590545329","title":"每日卖空追踪 | 康哲药业 12月11日卖空量成交39.5万股,卖空比例为9.29%","url":"https://stock-news.laohu8.com/highlight/detail?id=2590545329","media":"市场透视","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://www.laohu8.com/m/news/2590545329?lang=zh_cn&edition=full","pubTime":"2025-12-11 16:30","pubTimestamp":1765441815,"startTime":"0","endTime":"0","summary":"康哲药业北京时间12月11日,跌5.44%,卖空量成交39.5万股,较上一交易日减少81.75%更多个股卖空数据请看下面视窗:卖空数据是观测市场多空博弈的关键指标:短期可反映市场情绪,高卖空比例预示看空预期,但极端值可能触发轧空反弹;长期结合基本面恶化则预警下行风险。需注意其局限性:卖空行为包含对冲需求,未必单纯看空;机构可能通过衍生品做空未体现在数据中,且散户跟风易扭曲信号。股市有风险,请谨慎决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025121116324395375c1c&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, 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