Investment Strategy - The report indicates that China's satellite internet is entering a phase of intensive launches, with multiple satellite constellation plans advancing. The recent successful launches by China Star Network and the procurement announcement by Yuanxin Satellite are expected to drive demand in the industry [5][12][17] - The trend of laser networking has emerged, with computational satellites expected to enhance adaptive routing algorithms. China's technology reserves are not lagging behind, and the development of adaptive routing algorithms using machine learning and AI is seen as a key area for improving network performance [5][13][20] - Infrastructure for commercial launches is becoming increasingly robust, with reusable rockets set to be tested soon. The payload capacity of some Chinese rockets is approaching that of SpaceX's Falcon 9, which may lead to a synergistic development with accelerated satellite launches [5][14][15] Industry News - China successfully launched the low Earth orbit 08 group of satellites on August 13, marking the eighth batch of the China Star Network's GW constellation. This launch demonstrates China's capability for high-frequency launches, with a nine-day interval since the last launch [5][16] - The three major telecom operators in China reported stable performance in the first half of 2025, with China Telecom's revenue reaching 271.5 billion yuan, China Unicom's at 200.2 billion yuan, and China Mobile's at 543.8 billion yuan. The growth in their second curve businesses is expected to provide ongoing growth momentum for the companies and the downstream industry [5][17] - Kyivstar, Ukraine's largest telecom operator, completed a direct device connection test with Starlink, planning to commercialize the service in Q4. This test validates the feasibility of satellite mobile connectivity services in overseas markets [5][18][19] - Major AI companies are increasing their token consumption, with OpenAI's GPT-5 and xAI's Grok 4 being made available for free to users. This trend is expected to accelerate the demand for computational power in the AI sector [5][20] Weekly Review and Focus - The communication sector saw a 7.11% increase this week, outperforming major indices. Key areas of growth included IDC and optical modules, with respective increases of 12.90% and 10.04% [5][21] - The report suggests focusing on investment opportunities in the satellite internet and commercial aerospace sectors, highlighting companies such as Aerospace Universe, Mengsheng Electronics, and others [5][25]

Group 1 - On August 18, 28 out of 31 primary industries in the Shenwan index received net financing inflows, with the electronics sector leading at a net inflow of 8.094 billion [1] - Other industries with significant net financing inflows included computer (4.071 billion), machinery equipment (2.852 billion), non-ferrous metals (2.787 billion), electric equipment (2.713 billion), communication (2.448 billion), non-bank financials (2.162 billion), chemicals (1.832 billion), and pharmaceutical biology (1.452 billion) [1] Group 2 - A total of 2,325 individual stocks received net financing inflows on August 18, with 244 stocks having net inflows exceeding 50 million [1] - Among these, 29 stocks had net inflows over 200 million, with Northern Rare Earth leading at 736 million [1] - Other notable stocks with high net inflows included SMIC (661 million), ZTE (614 million), Guiding Compass (478 million), China Merchants Bank (464 million), New Yisheng (435 million), Cambricon (398 million), Dongfang Fortune (393 million), and China Unicom (358 million) [1]

Group 1 - On August 18, a total of 3,711 stocks in the A-share market received financing funds, with 740 stocks having a buying amount exceeding 100 million yuan [1] - The top three stocks by financing buying amount were Dongfang Caifu, Beifang Xitu, and ZTE Corporation, with amounts of 7.781 billion yuan, 2.311 billion yuan, and 2.28 billion yuan respectively [1] - Four stocks had financing buying amounts accounting for over 30% of the total transaction amount on that day, with Runtu Co., Lijun Energy, and Jianer Kang ranking highest at 39.52%, 30.92%, and 30.52% respectively [1] Group 2 - A total of 97 stocks had a net financing buying amount exceeding 100 million yuan, with Beifang Xitu, SMIC, and ZTE Corporation leading at 736 million yuan, 661 million yuan, and 614 million yuan respectively [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 中兴通讯股份有限公司董事会 证券代码（A/H）：000063/00763 证券简称(A/H)：中兴通讯 公告编号：202554 中兴通讯股份有限公司 关于按照《香港上市规则》公布 董事会会议通告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 中兴通讯股份有限公司根据《香港联合交易所有限公司证券上市规则》（简称"《香港上市规则》"）规 定，在香港联合交易所有限公司披露易网站（www.hkexnews.hk）刊登了董事会会议通告。 根据《深圳证券交易所股票上市规则》关于境内外同步披露的要求，特将有关公告同步披露如下，供参 阅。 特此公告。 中兴通讯股份有限公司（「本公司」）董事会（「董事会」）谨此宣布，董事会会议将于二零二五年八 月二十八日（星期四）在中华人民共和国（「中国」）广东省深圳市南山区高新技术产业园科技南路中 兴通讯大厦举行，藉以（其中包括）批准本公司及其附属公司截至二零二五年六月三十日止中期业绩及 其发布，以及处理任何其他事项（如有）。 承董事会命 方榕 2025年8月19日 香港交易及结算所有限公司 ...

Group 1 - The core viewpoint of the news is the significant performance of the China Internet Index, which has shown substantial growth over the past month, three months, and year-to-date, indicating a strong recovery in the internet sector [1] - The China Internet Index has increased by 12.94% in the last month, 30.75% in the last three months, and 22.77% year-to-date, reflecting positive market sentiment [1] - The index consists of 50 listed companies involved in various internet-related sectors, including hardware, cloud computing, and content services, with a base date of June 29, 2012, set at 1000.0 points [1] Group 2 - The top ten weighted companies in the China Internet Index include NewEase (10.56%), Zhongji Xuchuang (10.06%), and ZTE (5.38%), among others, indicating a concentration of investment in these firms [1] - The market composition of the index shows that 75.85% of the holdings are from the Shenzhen Stock Exchange, while 24.15% are from the Shanghai Stock Exchange, highlighting the dominance of Shenzhen-listed companies [2] - The industry breakdown of the index reveals that Information Technology accounts for 50.37% and Communication Services for 49.63%, showcasing a balanced representation of these sectors [3] Group 3 - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December, ensuring the index remains reflective of the current market [3] - Public funds tracking the internet sector include Southern China Internet C and Southern China Internet A, indicating investor interest in this segment [4]

2025年8月18日，中国移动发布《中国移动2025年至2026年人工智能通用计算设备（推理型）集中采购 项目_中标候选人公示》 17亿元人工智能服务器，3家中标！ 根据前期公告，本次采购规模非常大，包括6个标包，而本次公示标包1、2、3、4，标包5、6前期已开 标公示： | 包段 | 产品名称 | 单位 | 器次 数量 | | --- | --- | --- | --- | | 标包,1 (类CUDA生态PCle卡) | 人工智能通用计算设备(推理型) | 賃 | 313 | | | -国产芯片 | | | | 标包2 (类CUDA生态普通性能扣卡) | 人工智能通用计算设备(推理型 扣卡风冷) | 台 | 527 | | 标包3 (类CUDA生态高性能扣卡) | 人工智能通用计算设备(推理型 | 台 | 1020 | | | 扣卡风冷) | | | | 标包4 (类CUDA生态高显存扣卡) | 人工智能通用计算设备(推理型 扣卡风冷) | 台 | 198 | | 标旬5 (CANN生态-PCle卡) | 特定场景人工智能通用计算设备 | 台 | 570 | | | (推理型PCle风冷) | | | | ...

从指数持仓来看，中证全指通信设备指数十大权重分别为：新易盛（16.83%）、中际旭创 （16.04%）、工业富联（12.26%）、中兴通讯（8.57%）、天孚通信（3.6%）、中天科技（2.9%）、传 音控股（2.62%）、亨通光电（2.47%）、闻泰科技（2.3%）、海格通信（1.94%）。 金融界8月18日消息，上证指数高开高走，中证全指通信设备指数 (通信设备，931160)上涨4.12%，报 10152.1点，成交额1067.77亿元。 数据统计显示，中证全指通信设备指数近一个月上涨24.08%，近三个月上涨57.77%，年至今上涨 42.36%。 据了解，中证全指通信设备指数从中证全指指数中选取业务涉及通信设备领域的上市公司证券作为指数 样本，以反映该主题上市公司证券的整体表现。该指数以2004年12月31日为基日，以1000.0点为基点。 从中证全指通信设备指数持仓的市场板块来看，深圳证券交易所占比67.12%、上海证券交易所占比 32.88%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定 ...

从板块表现来看，液冷服务器、影视、CPO、稀土永磁等板块涨幅居前，煤炭、有色金属、钢铁等板块跌幅居前。 一、沪深股通前十大成交 今日沪股通总成交金额为1862.57亿，深股通总成交金额为1832.3亿。 从沪股通前十大成交个股来看，中国平安位居首位；寒武纪和中信证券分居二、三位。 从深股通前十大成交个股来看，东方财富位居首位；宁德时代和中际旭创分居二、三位。 二、板块个股主力大单资金 | 排名 | 板块名称 | 主力资金净流入(亿元) | 主力资金净流入率(%) | | --- | --- | --- | --- | | 1 | 电子 | 45.93 | 1.05 | | 2 | 通信 | 37.80 | 2.64 | | 3 | 文化传媒 | 27.80 | 3.47 | | 4 | 银行 | 14.69 | 3.82 | | 5 | 影视院线 | 9.75 | 5.70 | | 排名 | 板块名称 | 主力资金净流出(亿元) | 主力资金净流出率 (%) | | --- | --- | --- | --- | | 1 | 非組金融 | -77.41 | -4.38 | | 2 | 证券 | -72.21 ...

Market Overview - The A-share market experienced a significant increase on August 18, with the Shanghai Composite Index closing at 3728.03 points, up 0.85%, the Shenzhen Component Index at 11835.57 points, up 1.73%, and the ChiNext Index at 2606.2 points, up 2.84%. The North Star 50 Index rose by 6.79%. Total trading volume reached 28096.27 billion yuan, an increase of 5364.39 billion yuan compared to the previous trading day [1]. Fund Flow Analysis - The A-share market saw a net outflow of main funds amounting to 137.49 billion yuan, with an opening net outflow of 54.81 billion yuan and a closing net outflow of 14.71 billion yuan [2]. - The CSI 300 index recorded a net inflow of 34.53 billion yuan, while the ChiNext and Sci-Tech Innovation boards experienced net outflows of 63.8 billion yuan and 24.39 billion yuan, respectively [4]. Sector Performance - Among the 13 sectors, the computer industry led with a net inflow of 129.02 billion yuan, followed by the communication sector with 100.34 billion yuan and the electronics sector with 79.69 billion yuan. Conversely, the basic chemical sector saw a net outflow of 60.25 billion yuan [6][7]. Stock Highlights - ZTE Corporation attracted the highest net inflow of main funds at 27.77 billion yuan [8]. - The top five stocks with significant institutional net purchases included Dazhihui, Tenglong Co., Hengbao Co., Lingyi Zhi Zao, and Zhongke Jincai, with net purchases ranging from approximately 19.35 million yuan to 23.39 million yuan [10][11]. Institutional Focus - Recent institutional ratings and target prices indicate potential upside for several stocks, including Xiaoshangpin City with a target price of 26.64 yuan, representing a 32.41% upside from the latest closing price [12].

Market Overview - The A-share market experienced a significant increase on August 18, with the Shanghai Composite Index closing at 3728.03 points, up 0.85%, the Shenzhen Component Index at 11835.57 points, up 1.73%, and the ChiNext Index at 2606.2 points, up 2.84% [1] - Total trading volume in the A-share market reached 28096.27 billion yuan, an increase of 5364.39 billion yuan compared to the previous trading day [1] Capital Flow - The main capital in the A-share market saw a net outflow of 137.49 billion yuan, with an opening net outflow of 54.81 billion yuan and a closing net outflow of 14.71 billion yuan [2] - The CSI 300 index recorded a net inflow of 34.53 billion yuan, while the ChiNext and STAR Market experienced net outflows of 63.8 billion yuan and 24.39 billion yuan, respectively [4] Sector Performance - The computer industry led the net inflow of funds with 129.02 billion yuan, followed by the communication sector with 100.34 billion yuan and the electronics sector with 79.69 billion yuan [6][7] - The top five sectors with net inflows included: - Computer: 2.81% increase, 129.02 billion yuan net inflow - Communication: 2.88% increase, 100.34 billion yuan net inflow - Electronics: 3.25% increase, 79.69 billion yuan net inflow - Media: 2.82% increase, 49.32 billion yuan net inflow - Defense: 2.90% increase, 36.99 billion yuan net inflow [7] Stock Highlights - ZTE Corporation saw the highest net inflow of main capital at 27.77 billion yuan [8] - Institutions showed significant interest in several stocks, with notable net purchases in stocks like Dazhihui and Tenglong Co., while stocks like Quzhou Development faced net selling [10][11] Institutional Focus - Recent institutional ratings and target prices for selected stocks include: - Xiaoshangpin City: Buy rating, target price 26.64 yuan, current price 20.12 yuan, upside potential 32.41% - Dongfang Caifu: Accumulate rating, target price 31.20 yuan, current price 27.85 yuan, upside potential 12.03% - Silicon Treasure Technology: Accumulate rating, target price 26.42 yuan, current price 21.76 yuan, upside potential 21.42% [12]