格隆汇2月3日丨长飞光纤光缆(06869.HK)涨8.92%，报92.1500港元，股价创历史新高，总市值762.91亿 港元。 ...

Group 1 - The core viewpoint of the article highlights the significant increase in stock prices of optical communication concept stocks, driven by strong capital expenditure growth in AI infrastructure from major companies like Microsoft and Meta [1] - Microsoft reported a record capital expenditure of $37.5 billion for the second fiscal quarter of 2026, representing a 66% year-on-year increase [1] - Meta anticipates its capital expenditure for 2026 to be between $115 billion and $135 billion, nearly double its 2025 capital expenditure [1] Group 2 - Both Microsoft and Meta's management emphasized that their investments in computing power will continue to increase in the coming quarters to support the training of next-generation large models and growing inference demands [1] - Citic Securities released a report indicating a surge in AI agent phenomena like Clawdbot and a significant increase in Tokes usage, projecting strong AI computing power demand in 2026 [1] - The optical fiber and cable industry has transitioned from recovery to a phase of simultaneous volume and price increases, with continued recommendations for the optical module industry chain due to high visibility in performance [1]

每经AI快讯，长飞光纤光缆(06869.HK)涨超7%，截至发稿涨7.27%，报90.75港元，成交额26.25亿港 元。 ...

长飞光纤（601869）光缆(06869)涨超7%，近一个月股价累涨超七成。截至发稿，涨7.27%，报90.75港 元，成交额26.25亿港元。 国泰海通证券研报指出，光纤行业涨价趋势明确，空芯带来新的增量。近期散纤价格持续上涨，该行认 为临近电信、移动运营商集采，以及春节前行业备货需求更盛，预料价格还将持续长高。在此背景下， 该行认为国内市场大客户也有望接受涨价，板块波动中得以确认。 消息面上，根据华泰证券2月2日研报，2026年1月，中国市场G.652.D单模光纤价格创下近七年来的新 高，平均价格来到35元/芯公里以上。该行认为涨价主因行业供需格局发生变化：需求端，全球AI数据 中心与无人机对光纤需求高增，Meta与康宁新签60亿美金AI数据中心光缆大单供给端，供给端，光纤 上游关键物料光纤预制棒产能或无法在短期内快速提升。 ...

智通财经APP获悉，长飞光纤光缆(06869)涨超7%，近一个月股价累涨超七成。截至发稿，涨7.27%，报 90.75港元，成交额26.25亿港元。 国泰海通证券研报指出，光纤行业涨价趋势明确，空芯带来新的增量。近期散纤价格持续上涨，该行认 为临近电信、移动运营商集采，以及春节前行业备货需求更盛，预料价格还将持续长高。在此背景下， 该行认为国内市场大客户也有望接受涨价，板块波动中得以确认。 消息面上，根据华泰证券2月2日研报，2026年1月，中国市场G.652.D单模光纤价格创下近七年来的新 高，平均价格来到35元/芯公里以上。该行认为涨价主因行业供需格局发生变化：需求端，全球AI数据 中心与无人机对光纤需求高增，Meta与康宁新签60亿美金AI数据中心光缆大单供给端，供给端，光纤 上游关键物料光纤预制棒产能或无法在短期内快速提升。 ...

港股市场光通讯板块走强，其中，汇聚科技涨超8%， 长飞光纤光缆涨超4%，华虹 半导体账号草3%， 京信通信涨超2%。 ...

Investment Rating - The report assigns an "Overweight" rating for the optical fiber industry, indicating a projected increase of over 15% relative to the CSI 300 index [4][33]. Core Insights - The optical interconnection sector shows strong performance expectations, with a focus on the transition opportunities from CPO/OIO technology. The optical fiber industry is experiencing a clear price increase trend, driven by demand from telecom operators and pre-holiday inventory needs [2][9]. - LightCounting forecasts that CPO technology shipments will begin scaling from 800G and 1.6T ports between 2026 and 2027, primarily for large cloud service providers. By 2029, the penetration rates for 800G, 1.6T, and 3.2T CPOs are expected to be 2.9%, 9.5%, and 50.6% respectively [8][9]. - Recent price increases in fiber optics are anticipated to continue due to heightened demand from telecom operators and upcoming procurement activities [9]. Summary by Sections Industry Overview - The optical interconnection sector is expected to maintain strong performance, with individual company differences but overall manageable conditions projected for 2026 [7]. - The appreciation of the RMB is impacting the optical interconnection sector, particularly for companies focused on overseas exports, with potential profit impacts estimated at under 5% for most, while some may see impacts nearing half of their profits [7]. Investment Highlights - The industry has seen an increase in holding ratios, with valuations at historically elevated levels, reflecting positive expectations driven by the AI industry chain [23]. - AI is driving network upgrades, with strong overseas demand benefiting domestic core enterprises amid a global infrastructure wave [24]. - A new generation of computing infrastructure is emerging in China, with a fully domestic supply chain entering a new cycle [25]. - New connectivity solutions are expected to emerge in 2026, presenting additional investment opportunities [26]. - AI-driven network upgrades are enhancing communication capacity demands, with rapid advancements in network innovation and technology applications [27]. Key Industry News - Corning has signed a long-term supply agreement worth $6 billion with Meta to support its data center expansion in the U.S. [10]. - NVIDIA has invested $2 billion in CoreWeave to enhance AI computing capabilities [12]. - Microsoft has launched its second-generation AI chip, Maia 200, aimed at optimizing AI inference costs [14][15]. - The personal AI assistant ClawdBot has gained significant traction globally, showcasing advanced capabilities [16][17]. - Microsoft and Meta reported substantial increases in capital expenditures, reflecting their commitment to infrastructure growth [18][19].

Core Viewpoint - The report by Zhiyan Consulting highlights the trends and forecasts for the optoelectronic device industry in China from 2026 to 2032, indicating a slight decline in production in December 2025 but an overall growth in annual production for the year [1] Group 1: Industry Overview - In December 2025, China's optoelectronic device production reached 173.3 billion units, reflecting a year-on-year decrease of 0.6% [1] - For the entire year of 2025, the cumulative production of optoelectronic devices in China was 1,923.39 billion units, showing a cumulative growth of 8.8% [1] Group 2: Market Research and Insights - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [1] - The firm emphasizes its commitment to providing comprehensive industry solutions to empower investment decisions through professional insights and quality services [1]

Group 1: Mergers and Acquisitions - SpaceX has confirmed its merger with xAI, aiming to integrate AI with rocket technology and space-based internet solutions, highlighting the need for sustainable energy sources for AI development [2] Group 2: Technological Advancements - Tesla has achieved mass production of dry electrode technology, a significant breakthrough in lithium battery production that reduces costs and energy consumption while enhancing scalability [3] - The launch of Step 3.5 Flash by Jiyue Xingchen introduces a powerful open-source model with advanced reasoning capabilities, designed for complex tasks and efficient processing [7] Group 3: Market Developments - Long Fiber announced that the global fiber optic cable market remains stable, despite fluctuations in product prices, and emphasized the minor impact of new data center products on overall demand [8] - TrendForce has revised its projections for memory prices in Q1 2026, anticipating significant increases in DRAM and NAND Flash prices due to heightened demand from AI and data centers [12] Group 4: Investments and Financing - ZTE plans to invest 117 million yuan in the Jianxing Zhanlu Fund, focusing on new information technology, renewable energy, AI, and advanced manufacturing [6] - Zhujijidong has completed a $200 million Series B financing round, with participation from various notable investors, aiming to increase R&D and market investments in 2026 [13] - Wofei Changkong has secured nearly 1 billion yuan in financing to support the certification and commercialization of its AE200 eVTOL aircraft [14]

2月2日，长飞光纤涨6.62%，成交额45.31亿元。两融数据显示，当日长飞光纤获融资买入额4.96亿元， 融资偿还4.39亿元，融资净买入5772.04万元。截至2月2日，长飞光纤融资融券余额合计10.29亿元。 分红方面，长飞光纤A股上市后累计派现21.29亿元。近三年，累计派现9.43亿元。 机构持仓方面，截止2025年9月30日，长飞光纤十大流通股东中，德邦鑫星价值A（001412）位居第六 大流通股东，持股373.23万股，为新进股东。香港中央结算有限公司位居第七大流通股东，持股318.74 万股，相比上期减少276.22万股。中欧价值发现混合A（166005）、财通价值动量混合A（720001）退 出十大流通股东之列。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 责任编辑：小浪快报 融资方面，长飞光纤当日融资买入4.96亿元。当前融资余额10.16亿元，占流通市值的1.57%，融资余额 超过近一年80%分位水平，处于高 ...