今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 禽流感 | 6.89 | 军工信息化 | -4.70 | | 金属铅 | 6.22 | 太赫兹 | -4.42 | | 金属锌 | 5.85 | 同花顺新质50 | -4.24 | | 黄金概念 | 5.02 | 军民融合 | -3.87 | | 动物疫苗 | 4.89 | 卫星导航 | -3.84 | | 芬太尼 | 4.18 | 商业航天 | -3.56 | | 金属铜 | 3.81 | 国产航母 | -3.52 | | 猴痘概念 | 3.13 | 减速器 | -3.51 | | 生物疫苗 | 2.98 | 大飞机 | -3.39 | | 金属钴 | 2.70 | 成飞概念 | -3.35 | 截至1月26日收盘，太赫兹概念下跌4.42%，位居概念板块跌幅榜前列，板块内，海格通信跌停，亚光 科技、陕西华达、天银机电等跌幅居前，股价上涨的有2只，涨幅居前的有长飞光纤、亨通光电等，分 别上涨10.00%、9.15%。 资金面上看，今日太赫兹概念板块获主力资金净流 ...

| 宁德时代 | -1.43 | -10.26亿元 | 电池 | | --- | --- | --- | --- | | 中国卫通 | -10 | -9.71亿元 | 通信服多 | | 蓝色光标 | 0.92 | -9.28亿元 | 文化传媒 | | 中国长城 | -5.8 | -9.07亿元 | 计算机设 | | 乾照光电 | 8.55 | -8.97亿元 | 光学光电 | | 捷佳伟创 | -1.86 | -8.90亿元 | 光伏设备 | | 航天发展 | -9.99 | -8.86亿元 | 通信设管 | | 铜陵有色 | 10.06 | -7.96亿元 | 有色金属 | | 岩山科技 | -5.04 | -7.68亿元 | 互联网服 | *数据仅供参考，不构成投资建议 | 股票名称 | 涨跌幅 (%) | 主力资金流向 | 所属行 | | --- | --- | --- | --- | | 航天电子 | -9.98 | -38.16亿元 | 航天航空 | | 中国卫星 | -10 | -25.95亿元 | 航天航空 | | 信维通信 | -10.05 | -18.59亿元 | 消费电子 | | 三花智控 ...

Investment Rating - The report maintains a "Positive" investment rating for the defense and military industry [4] Core Insights - The management adjustment at China Star Network is expected to accelerate the commercialization of satellite internet, with plans to deploy 13,000 low-orbit satellites between 2026 and 2030 [11][12] - The commercial space industry is projected to achieve 50 launches in 2025, marking a significant turning point in 2026, driven by policy support and advancements in reusable rocket technology [13][16] - The report emphasizes continued optimism for commercial aerospace, large aircraft, new combat capabilities, and military trade as key growth areas [16] Summary by Sections Industry Overview - The defense and military industry is experiencing a positive trend, with a 4.37% increase in the industry index, outperforming the Shanghai and Shenzhen 300 index [18][19] Commercial Aerospace - The management changes at China Star Network reflect a strategic focus on fulfilling satellite constellation deployment goals, with a critical period from 2027 to 2029 for compliance with ITU regulations [12] - The rapid growth in commercial space launches is highlighted, with 50 launches expected in 2025, representing 54% of total space launches in China [13][15] Investment Opportunities - The report identifies several investment targets within the commercial aerospace sector, including: - Aerospace Electronics (600879, Buy) - National Science and Technology Military Industry (688543, Not Rated) - Aerospace Power (600343, Not Rated) [16] - The report also highlights potential in the large aircraft and military trade sectors, suggesting a broad development space for military enterprises [16]

主力资金早间净流入有色金属、非银金融、银行、石油石化、煤炭、通信等板块，净流出电子、国防军 工、汽车、计算机、机械设备、电力设备等板块。 具体到个股来看，紫金矿业、浙文互联、东方日升获净流入24.88亿元、18.96亿元、17.46亿元。 净流出方面，中国卫星、航天电子、蓝思科技遭抛售27.36亿元、25.21亿元、14.34亿元。 (本文来自第一财经) ...

1月26日早盘，军工板块快速走低，军工ETF华宝（512810）小幅高开后直线回落，现跌近3%，止步三 连涨。成份股方面，商业航天概念股领跌，海格通信跌逾9%，航天电子、中科星图、中国卫星、航天 南湖等多股跌超8%。 市场分析人士指出，市场对春节前流动性的谨慎预期叠加部分机构调仓换股，引发市场风格切换，避险 情绪升温。军工板块聚集较多商业航天翻倍股，短期获利了结压力集中释放加剧板块波动。 光大证券认为，春节前市场将会保持震荡，难以保持稳定的趋势，这主要与春节之前投资者交易热度有 所下行，以及微观流动性短期趋紧有关。从历史情况来看，春节前20个交易日，主要指数上涨概率不足 50%。预计春节之后市场将会迎来新一轮上行动力。策略上，建议投资者近期以稳为主，但仍应持股过 节。主题方面，可继续关注商业航天。 【投军工，选"八一"】代码有"八一"的军工ETF华宝（512810）（原国防军工ETF）覆盖"商业航天、 低空经济、大飞机、卫星导航、军工信息化、可控核聚变"等诸多热门主题，同时是融资融券+互联互 通标的，是一键投资军工核心资产的高效工具。 数据来源： iFinD ，截至 2026.1.18 。上述含量占比指数分别 ...

流动性方面，卫星ETF鹏华盘中换手35.16%，成交3.07亿元，市场交投活跃。拉长时间看，截至1月23 日，卫星ETF鹏华近1年日均成交2.45亿元。 卫星ETF鹏华紧密跟踪中证卫星产业指数，中证卫星产业指数选取50只业务涉及卫星制造、卫星发射、 卫星通信、卫星导航、卫星遥感等领域的上市公司证券作为指数样本，反映卫星产业上市公司证券的整 体表现。 西部证券指出，全球商业航天正处于从"单星试验"向"万星组网"迈进的关键阶段。国际电信联盟 （ITU）对于卫星轨道和频段资源的申请使用有着严格的时间表，而当前我国两大星座卫星部署数量的 完成度仅约1%。未来几年我国将逐步掌握火箭回收+多次复飞技术，国内商业卫星发射有望迎来高速增 长。 截至2026年1月23日 15:00，卫星ETF鹏华(563790)上涨9.45%，最新价报1.37元。拉长时间看，截至2026 年1月23日，卫星ETF鹏华近1周累计上涨7.89%。 消息面上，在1月23日于北京举行的商业航天产教融合新生态论坛上，蓝箭航天朱雀三号总设计师张晓 东、星河动力智神星二号总设计师李君、中科宇航副总裁兼力箭一号火箭总设计师史晓宁罕见同台，分 别披露了朱雀三号 ...

上周五A股多数指数收涨，上证指数涨0.33%报4136.16点，深证成指涨0.79%，创业板指涨0.63%，仅沪深300微 跌0.45%。沪深两市成交额3.09万亿元，较前一日放量约3934.85亿元，3707股上涨，1336股下跌。资金上，光伏 设备主力净流入88.42亿元居首，半导体净流出88.44亿元最多；题材方面，太空光伏、太空算力、光伏设备等板 块领涨，昇腾384超节点、保险板块跌幅居前。 此外，金风科技、乾照光电、锋龙股份、湖南黄金、湖南白银等也热度靠前。 天奇股份股价走势主要受益于公司业务布局与市场热点的高度契合。公司聚焦智能装备、锂电池循环、人形机 器人三大主业，形成服务汽车全生命周期的闭环生态。其中人形机器人领域与优必选成立合资公司并计划推出 相关产品，恰好踩中了人形机器人概念的市场风口。 东方日升的股价表现源于多维度战略动作与行业利好的共振效应。公司在光伏技术迭代上取得进展，HJT电池量 产效率领先且组件入选全球权威榜单。储能业务订单持续落地，包括580MWh订单的逐步兑现及新增100MWh工 商业储能订单，同时布局商业航天与太空光伏等热点赛道。 先导智能公告，预计2025年度净利润为15 ...

Group 1 - The article discusses the significant gap in football performance between China and Japan, highlighting that despite China's U23 team reaching the finals, they ultimately lost by a large margin, indicating a persistent disparity in football development [1][2][3] - The article attributes the differences in football success to factors such as "football culture," "population base," and the overall system from youth training to professional leagues, suggesting that China's football infrastructure is lagging behind [3][4] - The article mentions Dalian as a positive example of a city with a strong football culture and training system, producing over 200 national team players, but notes that such examples are rare in China [3] Group 2 - The article highlights recent market movements, particularly a significant drop in the CPO and GPU sectors due to poor earnings reports and a sell-off in commercial aerospace stocks [8] - Upcoming events to watch include the Federal Reserve's January decision, earnings reports from major tech companies, and the release of January PMI data in China [9] - The article outlines several risks in the market, including a notable penalty against a well-known trading firm for market manipulation and warnings from commercial aerospace companies about potential stock price volatility [10][13][22] Group 3 - The article discusses the outflow of funds from broad-based ETFs, indicating a shift in market sentiment, with a total of 5,600 billion yuan sold from these ETFs over a recent period [31][32] - It notes that while broad-based ETFs are seeing significant outflows, industry-specific ETFs are experiencing net inflows, suggesting a structural shift in investment preferences [33][36] - The article emphasizes the importance of understanding these fund flows as a means to gauge market trends and investor sentiment [31][39] Group 4 - The article expresses confidence in the long-term prospects for quality equity investments in China, citing ongoing improvements in market mechanisms and regulatory frameworks [41][42] - It points out the current low interest rate environment as a positive factor for equity valuations, with average returns on financial products dropping below 2% [44] - The article compares the performance of China's A50 index with India's SENSEX30 index, suggesting that despite competition, China's structural advantages remain strong [48][50]

航天电子这边，则抛出了个百亿级的关联交易计划。 2026年他们预计要和控股股东中国航天科技集团旗下的兄弟单位做生意，总金额不超过107.2亿元，比 去年的92.92亿还多了15%。 这些钱主要花在卖产品、买原材料、付燃料动力费上，都是为了保证科研生产。 公司说，这事儿已经通过了董事会，关联董事 都回避了，接下来要等股东大会点头。 独立董事也觉得没问题，毕竟航天配套这行当，找自家兄弟合作最稳当，价格按国家规矩来，之前合作都没出过岔 子。 最近A股又炸锅了！ 浙江锋龙股份这家名不见经传的小公司，居然在14个交易日内连拉14个涨停板，股价像坐了火箭一样蹿升279.93%，静态市盈率直接飙 到3557倍，要知道同行业平均才43倍啊！ 这数字什么概念？ 相当于你花100块钱买个包子，结果这包子声称自己值35万，就问你怕不怕？ 先说说中国长城的业绩预告。 这家老牌科技公司刚公布2025年成绩单，预计全年归属于上市公司股东的净利润亏损3500万到7000万元，虽然还在亏，但比 去年同期少亏了95%以上，扣非净利润也减亏了一半多。 为啥能减亏？ 主要是靠卖资产赚了一笔，加上收入涨了、成本降了。 不过公司也老实承认，因为 计提 ...

Group 1 - The stock price of Fenglong Co., Ltd. has experienced significant abnormal fluctuations, leading to self-regulatory measures by the Shenzhen Stock Exchange, including trading suspensions for certain investors [2] - Fenglong Co., Ltd. achieved an 18-day consecutive limit-up on its stock price [2] Group 2 - Baiyin Nonferrous Metals announced a risk warning due to a significant short-term increase in its stock price, indicating potential for future declines [5] - Baiyin Nonferrous Metals projected a net loss of 450 million to 675 million yuan for 2025, marking a shift from profit to loss compared to the previous year [8] - The company cited a legal dispute affecting its financial outlook, with an estimated liability of approximately 314 million yuan due to a warehouse contract dispute [9] Group 3 - Aerospace Electronics warned of significant trading risks due to a "hot potato" effect in its stock, indicating potential for sharp declines [7][14] - The company noted that its stock price has increased by 193.47% since November 27, 2025, significantly outpacing the industry and market indices, suggesting irrational market behavior [14] Group 4 - Tongyuan Environment issued a risk warning, stating that its stock price had risen by 97.29% over ten trading days, leading to a high price-to-earnings ratio of 319.72, far exceeding the industry average [13] - The company expects a net loss of 32 million to 42 million yuan for 2025, transitioning from profit to loss [10][13] - Tongyuan Environment clarified that it has no business ties with the reported individual involved in a stock transfer, emphasizing its independence from external influences [13] Group 5 - Aotewei highlighted that the "space photovoltaic" sector is still in the early stages of exploration and development, with significant uncertainties regarding its commercialization [7][14] - The company noted that its main products are in the ground photovoltaic sector, which has not undergone significant changes, but it faces challenges due to ongoing adjustments in the photovoltaic industry [14]