每(mei)經AI快(kuai)訊，銀河證(zheng)券研報(bao)指出(chu)，北(bei)(bei)交(jiao)所(suo)交(jiao)投(tou)(tou)活躍(yue)度保持在(zai)較(jiao)高(gao)水平(ping)，市場關(guan)(guan)注度保持高(gao)位。疊(die)加北(bei)(bei)交(jiao)所(suo)新股(gu)發行穩(wen)(wen)步推進，北(bei)(bei)交(jiao)所(suo)板塊具備投(tou)(tou)資(zi)價值。對于2025年投(tou)(tou)資(zi)策略(lve)，建(jian)議(yi)關(guan)(guan)注三個方(fang)向(xiang)：1）聚焦北(bei)(bei)交(jiao)所(suo)新質生(sheng)產力，關(guan)(guan)注具有成(cheng)長潛力，布局(ju)熱點賽(sai)道的公(gong)(gong)(gong)司(si)，其(qi)一是(shi)業(ye)績增速高(gao)、研發投(tou)(tou)入強的成(cheng)長性公(gong)(gong)(gong)司(si)，其(qi)二是(shi)募投(tou)(tou)項目產能釋放助(zhu)推業(ye)績成(cheng)長的公(gong)(gong)(gong)司(si)；2）政策端鼓勵并購(gou)，疊(die)加北(bei)(bei)交(jiao)所(suo)公(gong)(gong)(gong)司(si)注重多元(yuan)化布局(ju)及橫向(xiang)縱(zong)向(xiang)拓展，關(guan)(guan)注進行產業(ye)鏈協同擴張或計劃海(hai)外布局(ju)的公(gong)(gong)(gong)司(si)；3）關(guan)(guan)注國央企“一利五率”，聚焦凈資(zi)產收(shou)益(yi)率高(gao)、經營風險較(jiao)低的穩(wen)(wen)健型(xing)公(gong)(gong)(gong)司(si)。