每经AI快讯，F5G概念板块领涨，上涨5.93%，其中中际旭创上涨11.11%，春秋电子上涨9.98%，长芯 博创上涨8.44%，剑桥科技、初灵信息、通宇通讯涨超4%。 （文章来源：每日经济新闻） ...

本公司预期将于2025年10月27日(星期一)下午十一时正或之前按招股章程"如何申请香港发售股份-B. 公 布结果"一节指定的方式公布全球发售踊跃程度、香港公开发售申请水平及香港发售股份分配基准以及 香港公开发售的分配结果。 智通财经APP讯，剑桥科技(06166)发布公告，发售价已于2025年10月24日(星期五)厘定为每股H股68.88 港元。 假设香港公开发售于2025年10月28日(星期二)上午八时正或之前在香港成为无条件，预期H股将于2025 年10月28日(星期二)上午九时正开始在香港联交所主板买卖。H股将以每手50股H股的买卖单位进行交 易。 ...

格隆汇10月24日丨剑桥科技(06166.HK)公布，发售价已于2025年10月24日(星期五)厘定为每股H股68.88 港元。 公司预期将于2025年10月27日(星期一)下午十一时正或之前按招股章程「如何申请香港发售股份－B.公 布结果」一节指定的方式公布全球发售踊跃程度、香港公开发售申请水平及香港发售股份分配基准以及 香港公开发售的分配结果。 假设香港公开发售于2025年10月28日(星期二)上午八时正或之前在香港成为无条件，预期H股将于2025 年10月28日(星期二)上午九时正开始在香港联交所主板买卖。H股将以每手50股H股的买卖单位进行交 易。 ...

剑桥科技表示，公开发售部分不设强制回拨机制，保荐人兼整体协调人可酌情调高至15%，而甲组、乙 组(认购500万港元以上)将平分可供认购的香港发售股数。 据招股书披露，剑桥科技主要从事设计、开发及销售连接及数据传输设备。于往绩记录期间，公司主要 从销售宽带、无线及光模块技术产品产生收入。根据弗若斯特沙利文的资料，公司是少数向全球客户提 供上述三种技术产品的公司之一。于往绩记录期间，来自海外市场的收入分别占公司总收入的82.9%、 89.3%、92.6%及94.0%。除中国业务外，公司亦于美国设立联合总部，在美国及日本设有海外研发中 心，在美国及意大利设有海外销售办事处，并在美国、德国及马来西亚设有海外制造基地。 财务方面，于2022年、2023年、2024年及2025年截至6月30日止六个月，该公司收入分别约为37.84亿 元、30.85亿元、36.5亿元、20.34亿元人民币;同期，年╱期内利润分别约为1.71亿元、9496.5万元、1.67 亿元、1.18亿元人民币。 剑桥科技（603083）(06166,603083.SH)10月20日起至23日招股。随着公开认购于周四(10月23日)中午结 束，据初步统 ...

智通财经APP获悉，剑桥科技(06166,603083.SH) 10月20日起至23日招股。随着公开认购于周四(10月23 日)中午结束，据初步统计，剑桥科技录得至少1074亿港元孖展认购，以公开发售集资额4.62亿港元 计，孖展认购已超购232倍。 剑桥科技计划发行6701.1万H股，一成于香港作公开发售，最高发售价每股68.88港元，集资最多46.2亿 港元，每手50股，一手入场费3478.7港元。剑桥科技预期将于10月28日挂牌买卖，国泰君安国际为独家 保荐人。 剑桥科技表示，公开发售部分不设强制回拨机制，保荐人兼整体协调人可酌情调高至15%，而甲组、乙 组(认购500万港元以上)将平分可供认购的香港发售股数。 据招股书披露，剑桥科技主要从事设计、开发及销售连接及数据传输设备。于往绩记录期间，公司主要 从销售宽带、无线及光模块技术产品产生收入。根据弗若斯特沙利文的资料，公司是少数向全球客户提 供上述三种技术产品的公司之一。于往绩记录期间，来自海外市场的收入分别占公司总收入的82.9%、 89.3%、 92.6%及94.0%。除中国业务外，公司亦于美国设立联合总部，在美国及日本设有海外研发中 心，在美国及 ...

Group 1: Core Insights - The report highlights the ongoing tension in US-China trade relations, particularly with the US considering broad software export restrictions against China, which may impact market performance [2][4] - The Hong Kong stock market has shown a downward trend, with major indices declining, reflecting cautious investor sentiment amid external market pressures [2][3] Group 2: Company Overview - The specific company, Cambridge Technology (6166.HK), focuses on the design, development, and sales of connectivity and data transmission devices, ranking fifth globally in the optical and wireless connectivity device (OWCD) industry with a market share of 4.1% [6][7] - The company's revenue is projected to recover from a decline in 2022 to an expected increase in 2025, with net profit also showing a recovery trend [6][7] Group 3: Industry Status and Outlook - The OWCD industry is expected to grow significantly, with global sales projected to reach USD 54.6 billion in 2024 and a compound annual growth rate (CAGR) of 13.9% from 2020 to 2024, driven by digital transformation and technological upgrades [7][8] - The competitive landscape is characterized by intense competition and a fragmented market, with the main business models being JDM/ODM and CM/co-location production [7] Group 4: Strengths and Opportunities - The company has established significant technological and research barriers, with R&D spending increasing from CNY 270 million to CNY 320 million from 2022 to 2024, and a strong focus on cutting-edge technologies [8] - The company benefits from a global presence, with over 90% of revenue from overseas markets, allowing it to mitigate tariffs on Chinese products [8] Group 5: Weaknesses and Risks - The company faces risks from high customer concentration, with the top five customers accounting for 82.5% of revenue in the first half of 2025, which could impact performance if demand changes [9] - Trade policies and geopolitical risks, particularly regarding US tariffs on Chinese products, could affect overseas sales despite the company's ability to leverage production in Malaysia [10] Group 6: IPO Information and Fund Utilization - The IPO is expected to raise approximately HKD 4.48 billion, with funds allocated for capacity enhancement, R&D, marketing, and overseas strategic investments [11] - The company has secured cornerstone investors for the IPO, indicating strong market interest and confidence in its growth potential [12] Group 7: Investment Recommendation - The report suggests that Cambridge Technology possesses a clear recovery trend in performance and benefits from favorable industry dynamics, recommending subscription to the IPO while being mindful of potential risks [13]

Group 1 - The CPO concept stocks in the A-share market experienced a decline, with several companies seeing significant drops in their stock prices [1] - Companies such as Huilv Ecology, Tianfu Communication, Changfei Fiber, and Shijia Photon fell over 7% [1] - Other companies like Cambridge Technology and Xinyisheng dropped more than 5%, while Huaten Technology, Huagong Technology, Changxin Bochuang, Liante Technology, and Fenghuo Communication fell over 4% [1] Group 2 - Additional companies including Guangxun Technology, Jingwang Electronics, Ruijie Network, Zhongji Xuchuang, and Taicheng Light saw declines of over 3% [1]

中国石油股份 （派息日） 建业新生活 （派息日） 智通财经APP获悉，2025年10月23日，港股上市公司投资日志如下： | 类别 | | 公司 | | --- | --- | --- | | | 八马茶业 | | | | (招股中) | | | | 剑桥科技 | | | | (招股中) | | | 新股活动 | 三一重工 | | | | (招股中) | | | | 滴普科技 | | | | (招股中) | | | | 普拉达 | | | | 丽珠医药 | | | 业绩公布日 | 法拉帝 | | | | 平安好医生 | | | | 龙源电力 | | | | 东方海外国际 | | | | 青岛港 | | | | 中国创新投资 | | | | 重庆机电 | | | 股东大会召开日 | 大唐发电 | | | | 安德利果汁 | | | | 弘业期货 | | | | 西藏水资源 | | | | 中国安储能源 | | | 分红派息 | 恒生银行 | | | | （除净日） | | | | 华讯 | | | | （派息日） | | | | 万事昌国际 | | | | （派息日） | | | | 致丰工业电子 | | | ...

Core Insights - The Hong Kong IPO market has seen significant activity this year, with insurance capital becoming a notable force as cornerstone investors in new listings [1][3] - Taikang Life has participated in the IPO of Cambridge Technology, marking a trend where insurance institutions are increasingly involved in Hong Kong IPOs [1][3] Group 1: Investment Trends - Insurance institutions have collectively invested over 34.4 billion HKD in seven Hong Kong IPOs this year, a substantial increase compared to less than 10 billion HKD for the entire previous year [3][5] - The participation of insurance funds as cornerstone investors is driven by the need for stable returns, the relatively low valuations in the Hong Kong market, and supportive policies encouraging long-term investments [3][4] Group 2: Sector Preferences - Insurance capital shows a preference for sectors such as technology, consumer goods, and new energy, including industries like automotive, home appliances, semiconductors, and energy storage [5] - The focus on these sectors aligns with the growth potential and national industrial development directions, indicating a strategic approach to asset allocation [5] Group 3: Regulatory Environment - Recent regulatory policies have encouraged insurance funds to adopt a long-term investment strategy, extending assessment periods to promote stability in investment practices [4]

Group 1 - The F5G concept sector leads the market with an increase of 3.52% [1] - Among the top performers, Zhongji Xuchuang rose by 6.21%, Shijia Photon increased by 2.92%, and Cambridge Technology went up by 2.7% [1] - Other companies such as Tiandi Technology, StarNet Ruijie, and Hengtong Optic-Electric also saw gains exceeding 2% [1]