工业／基础材料行业周报：传统建材反内卷电子新材料高景气

华泰证券股份有...2025-07-07

本周观点：水泥玻璃积极反内卷，继续关注中报业绩上周中央财经委会议强调建设全国统一大市场，水泥和光伏玻璃积极推进反内卷竞争，但需求端展望仍然偏弱。水泥供给侧持续推进，25H2 重点关注超产治理，光伏玻璃龙头带头减产但效果仍有待观察。6 月建筑多项PMI指标环比回升，6 月百强房企新房成交延续改善，但二手房成交增长动能有所放缓，建筑建材下游基本面震荡修复，短期继续关注中报业绩兑现情况。受海外电子及...

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工业／基础材料行业周报：传统建材反内卷 电子新材料高景气

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工业／基础材料行业周报：传统建材反内卷电子新材料高景气