长飞光纤涨1.88%，报97.45元/股，股价再创新高，总市值突破738.57亿元，成交额达4.89亿元。（AI生 成） ...

Core Insights - On September 17, 2025, Alibaba-W (09988), SMIC (00981), and Meituan-W (03690) were the top three companies by trading volume in the southbound trading of the Stock Connect, with transaction amounts of 88.06 billion, 58.89 billion, and 51.92 billion respectively [1] - Alibaba-W (09988), SMIC (00981), and Meituan-W (03690) also led in the Shenzhen-Hong Kong Stock Connect southbound trading, with transaction amounts of 64.11 billion, 36.49 billion, and 27.15 billion respectively [1] Southbound Trading Highlights - The top three active companies in the southbound trading of the Shanghai-Hong Kong Stock Connect were: - Alibaba-W (09988): 88.06 billion with a net inflow of 21.56 billion - SMIC (00981): 58.89 billion with a net inflow of 1.42 billion - Meituan-W (03690): 51.92 billion with a net inflow of 11.79 billion [2] - Other notable companies included: - Xiaomi Group-W (01810): 32.59 billion with a net outflow of 10.57 billion - Tencent Holdings (00700): 31.36 billion with a net outflow of 3.24 billion [2] Shenzhen-Hong Kong Trading Highlights - The top three active companies in the southbound trading of the Shenzhen-Hong Kong Stock Connect were: - Alibaba-W (09988): 64.11 billion with a net inflow of 28.95 billion - SMIC (00981): 36.49 billion with a net inflow of 2.65 billion - Meituan-W (03690): 27.15 billion with a net inflow of 9.21 billion [2] - Other notable companies included: - Tencent Holdings (00700): 25.39 billion with a net inflow of 3.17 billion - Xiaomi Group-W (01810): 23.75 billion with a net inflow of 4.18 billion [2]

阿里巴巴-W(09988)再获净买入50.51亿港元。消息面上，9月16日晚间，央视《新闻联播》播出了中国联通三江源绿电智 算中心项目建设成效。央视画面披露，阿里旗下平头哥PPU芯片在部分重要参数上比肩英伟达的H20芯片，并超过A800芯 片。据此前业界传言，PPU是平头哥研发的专用AI芯片，针对大模型推理进行了深度优化，兼容CUDA生态，分为基础版 与高级版两个版本，基础版侧重AI推理，峰值算力达到120TFLOPS，高级版侧重AI训练。 智通财经APP获悉，9月17日港股市场，北水成交净买入94.4亿港元，其中港股通(沪)成交净买入21.56亿港元，港股通(深) 成交净买入72.85亿港元。 北水净买入最多的个股是阿里巴巴-W(09988)、美团-W(03690)、长飞光纤光缆(06869)。北水净卖出最多的个股是小米集 团-W(01810)、腾讯(00700)。 | 股票名称 | 买入额 | 卖出额 | 买卖总额 | | --- | --- | --- | --- | | | | | 净流入 | | 阿里巴巴-W HK 09988 | 54.81亿 | 33.25亿 | 88.06亿 | | | | | ...

Core Viewpoint - The Hong Kong stock market saw significant net inflows from northbound trading, with a total net buy of HKD 94.4 billion on September 17, 2023, indicating strong investor interest in certain stocks [1]. Group 1: Northbound Trading Activity - Northbound trading through Stock Connect (Shanghai) recorded a net buy of HKD 21.56 billion, while the Shenzhen Connect saw a net buy of HKD 72.85 billion [1]. - The most purchased stocks included Alibaba-W (09988), Meituan-W (03690), and Changfei Optical Fiber (06869) [1]. - The most sold stocks were Xiaomi Group-W (01810) and Tencent (00700) [1]. Group 2: Individual Stock Performance - Alibaba-W (09988) had a net buy of HKD 54.81 billion, with total trading volume of HKD 88.06 billion, reflecting a strong investor sentiment [2]. - Meituan-W (03690) received a net buy of HKD 31.85 billion, with a report indicating its international expansion into Kuwait and plans for further growth in the Middle East and Latin America [5]. - Changfei Optical Fiber (06869) saw a net buy of HKD 10.21 billion, supported by positive outlooks from analysts regarding its product diversification and market positioning [5]. - Semiconductor stocks, including SMIC (00981) and Huahong Semiconductor (01347), received net buys of HKD 4.07 billion and HKD 2.36 billion, respectively, amid reports of technological advancements [6]. - Pharmaceutical company Yaojie Ankang-B (02617) had a net buy of HKD 46.47 million, despite recent volatility in its stock price [6][7]. - Xiaomi Group-W (01810) and Tencent (00700) faced net sells of HKD 6.39 billion and HKD 686.3 million, respectively, indicating a shift in investor sentiment away from these stocks [7].

Group 1 - The establishment of Changzhi Company marks a significant step for the AI strategy of the company, transitioning its strategic layout from "communication transmission" to "intelligent applications" [4] - Changzhi Company is jointly founded by Changfei Company, Sanya Digital Economy Industrial Park, Robot Body Company, and Digital Huaxia, indicating a collaborative effort in the development of the embodied intelligent robot industry [4] - Tianfeng Securities highlights the company's diversification into high-value-added products such as multimode and hollow-core optical fibers, building on its traditional optical rod and fiber business [4] Group 2 - Morgan Stanley's recent research report suggests that the positive fundamentals of the optical module industry have largely been reflected in stock prices, leading to rating adjustments for several related stocks [4] - Morgan Stanley has raised the target price for Changfei Optical Fiber while maintaining its rating, indicating that the performance fundamentals have not yet reached a turning point, but the stock price increase has already reflected potential benefits [4]

天风证券认为，公司在传统光棒光纤业务基础上，发展多模、空芯光纤等高附加值产品，同时积极多元 化。此外，摩根士丹利近日研报认为，光模块行业的基本面利好已基本反映在股价中，该机构对多只光 模块相关股票进行了评级调整。其中，大摩上调长飞光纤目标价但维持相应评级，因为业绩基本面尚未 到达拐点，但股价涨幅已反映潜在利好。 智通财经APP获悉，长飞光纤光缆(06869)涨超9%，截至发稿，涨9.23%，报53.85港元，成交额17.92亿 港元。 消息面上，9月12日，具身智能机器人产业发展签约仪式暨长智（三亚）具身智能科技有限公司（简 称"长智公司"）成立签约仪式在三亚发展控股有限公司举行。据悉，长智公司由长飞公司、三亚数字经 济产业园、机器人本体公司和数字华夏联合发起成立。长飞指出，长智公司的成立，为其AI 战略落地 奠定了坚实基础，也是公司战略布局从"通信传输"向"智能应用"纵深发展的重要举措。 ...

Group 1 - Changfei Optical Fiber (601869) shares rose over 9%, specifically 9.23%, reaching HKD 53.85 with a trading volume of HKD 1.792 billion [1] - On September 12, the signing ceremony for the establishment of Changzhi (Sanya) Embodied Intelligent Technology Co., Ltd. took place, marking a significant step in the company's AI strategy [1] - The establishment of Changzhi Company is seen as a solid foundation for the company's strategic shift from "communication transmission" to "intelligent applications" [1] Group 2 - Tianfeng Securities believes that the company is diversifying its product offerings by developing high-value products such as multimode and hollow-core fibers [1] - Morgan Stanley's recent report indicates that the positive fundamentals of the optical module industry have largely been reflected in stock prices, leading to rating adjustments for several related stocks [1] - Morgan Stanley raised the target price for Changfei Optical Fiber while maintaining its rating, noting that the company's performance fundamentals have not yet reached a turning point, but the stock price increase reflects potential benefits [1]

Group 1 - The China Central Enterprises Innovation-Driven Index decreased by 0.68% as of September 16, 2025, with mixed performance among constituent stocks [3] - Changfei Fiber led the gains with an increase of 10.01%, while Zhongtung High-tech fell by 4.13% [3] - The Central Enterprises Innovation-Driven ETF (515900) dropped by 0.64%, with the latest price at 1.55 yuan [3] Group 2 - The ETF saw a weekly increase of 0.58%, ranking in the top 25% among comparable funds [3] - The ETF's trading volume was 25.43 million yuan, with a turnover rate of 0.73% [3] - Over the past year, the ETF averaged a daily trading volume of 24.05 million yuan, leading among comparable funds [4] Group 3 - A successful satellite launch was conducted at the Jiuquan Satellite Launch Center, marking a significant achievement in satellite internet technology [3] - A new record for single-mode fiber transmission was achieved at 254.7 Tb/s, showcasing a breakthrough in optical communication technology [4] - This advancement is expected to support the increasing demand for high-speed communication networks driven by the rapid growth of 5G/6G, cloud computing, and AI [4] Group 4 - The Central Enterprises Innovation-Driven Index evaluates 100 representative listed companies based on innovation and profitability [4] - The top ten weighted stocks in the index account for 33.39% of the total index weight, including companies like Hikvision and China Shipbuilding [4]

Group 1 - The core viewpoint of the news is that Changfei Fiber has shown significant stock performance with a year-to-date increase of 199.41% and a recent market capitalization of 67.219 billion yuan [1] - As of September 16, the stock price reached 88.69 yuan per share, with a trading volume of 297 million yuan and a turnover rate of 0.84% [1] - The company has experienced net outflows of main funds amounting to 9.5254 million yuan, with large orders showing a buy-sell imbalance [1] Group 2 - Changfei Fiber, established on May 31, 1988, focuses on the telecommunications industry, particularly in the production of optical fiber preforms, optical fibers, and cables [2] - The company's revenue composition includes 64.50% from optical transmission products, 17.35% from optical interconnection components, and 15.85% from other sources [2] - As of June 30, 2025, the company reported a revenue of 6.384 billion yuan, reflecting a year-on-year growth of 19.38%, while the net profit attributable to shareholders decreased by 21.71% to 296 million yuan [2] Group 3 - Since its A-share listing, Changfei Fiber has distributed a total of 2.129 billion yuan in dividends, with 943 million yuan distributed in the last three years [3] - As of June 30, 2025, the number of shareholders decreased by 11.76% to 22,600, with no change in the average circulating shares per person [2][3] - Notable changes in institutional holdings include an increase in shares held by Hong Kong Central Clearing Limited and new entries from two mutual funds [3]

Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, with notable increases and decreases in ownership percentages for various companies [1][2]. Group 1: Increased Holdings - Heng Rui Medicine (01276) saw the largest increase in ownership percentage, rising by 1.49% to a total of 13.84% [2]. - Kanglong Chemical (03759) experienced a 1.35% increase, bringing its ownership to 60.51% [2]. - Zhaoyan New Drug (06127) increased by 1.27%, reaching a holding of 43.70% [2]. - Other companies with significant increases include Junshi Biosciences (01877) at +1.24% (59.08%) and China Pacific Insurance (02601) at +1.20% (44.16%) [2]. Group 2: Decreased Holdings - Shandong Molong (00568) had the largest decrease, with a drop of 1.99% to 57.67% [2]. - Yisou Technology (02550) decreased by 0.99%, now holding 37.95% [2]. - Nanjing Panda Electronics (00553) saw a reduction of 0.98%, bringing its ownership to 42.65% [2]. - Other notable decreases include Kailai Ying (06821) at -0.95% (43.35%) and Meizhong Jiahe (02453) at -0.95% (32.06%) [2]. Group 3: Five-Day Changes - In the last five trading days, China Merchants Energy (01138) had the highest increase in ownership, up by 6.19% to 65.63% [3]. - Shandong Molong (00568) also saw a significant increase of 3.74% [3]. - Other companies with notable increases include Zhongchu Innovation (03931) at +3.62% (10.35%) and Youbao Online (02429) at +3.33% (17.38%) [3]. Group 4: Twenty-Day Changes - Over the past twenty days, Anjiren Food (02648) experienced the largest increase, up by 12.29% to 20.54% [4]. - China Merchants Energy (01138) also saw a significant increase of 9.07% [4]. - Other companies with notable increases include Yimai Sunshine (02522) at +7.70% (43.02%) and Lens Technology (06613) at +7.56% (13.64%) [4].