行情回顾：2021 年10 月11 日 - 10 月22 日间，申万非银 金融指数下跌0.93%，在所有申万一级行业指数中位列第15 位，跑输沪深300 指数1.53 个百分点，弱于大市。年初至 10 月22 日，申万非银金融行业指数涨跌幅为-18.12%，大幅跑输沪 深300 指数13.29 个百分点，在申万28 个一级行业中排名倒数 第二。从年初至今的涨幅观察，采掘行业、电气设备、有色金属 等行业受益于景气度提升，行业涨幅位居前三，采掘行业、电气 设备、有色金属、钢铁以及化工行业的指数涨幅均超过30%；而 跌幅靠前的板块主要为家用电器、非银金融、传媒等，或受估值 影响，或是基本面不佳，表现弱于大市。

一、非银金融行业表现回顾 ............................................................................................................................................. 3

（一）报告期内非银指数跑输大盘 ········································································································································ 3

（二）年初至今非银金融表现不佳 ········································································································································ 3

（三）非银金融板块市盈率、市净率明显降低 ···················································································································· 4

（四）非银金融板块个股表现 ················································································································································ 5

二、行业要闻 .................................................................................................................................................................... 6

三、投资建议 .................................................................................................................................................................. 14

四、风险提示 .................................................................................................................................................................. 14