Market Performance - The three major indices opened high and fluctuated, with the Shanghai Composite Index rising by 0.63%, the Shenzhen Component Index by 0.98%, the ChiNext Index by 1.98%, and the STAR Market 50 Index by 0.35% [2] - Over 3,800 stocks in the two markets rose, with a total trading volume of approximately 1.74 trillion yuan [2] Industry Highlights - The cultivated diamond and superhard materials sectors showed strong performance, with Huifeng Diamond rising by 29.98%, Sifangda by 19.98%, and Power Diamond by over 18% [2] - The Ministry of Commerce and the General Administration of Customs announced export controls on superhard materials, effective November 8, which is expected to enhance the supply protection for the domestic superhard materials industry and strengthen market expectations for the sector's scarcity and performance certainty [2] Coal Sector - The coal sector experienced a collective surge, with major companies like Dayou Energy, Yunmei Energy, and Shanxi Black Cat all rising by 10% [2] - The cold air mass affecting the northern regions is expected to increase coal demand during the winter, as a double La Niña weather pattern may lead to a colder winter in China [3] Technology and Robotics - The CPO and computing power sectors were active, with Cambridge Technology rising by 10% and other companies like Zhongji Xuchuang and Tianfu Communication increasing by over 7% [3] - Citibank indicated potential upward demand in the optical module industry, suggesting buying opportunities after recent stock price adjustments [3] - Robotics leader UBTECH won a project for the procurement and installation of intelligent data collection and testing center equipment in Guangxi, with an order amounting to 126 million yuan [4] - UBTECH's Walker series humanoid robots have secured over 630 million yuan in orders this year, excluding a joint development project with Beijing Guodi [4] Declines in Other Sectors - The precious metals sector saw significant declines, with Hunan Silver hitting a 10% limit down, alongside other companies like Xiaocheng Technology and Western Gold experiencing heavy losses [4] - New energy-related stocks also showed weakness, with Shengxin Lithium Energy and Tianqi Lithium experiencing declines [4]

2025 年 10 月 9 日，香港联交所上市委员会举行上市聆讯，审议了公司本次 发行上市的申请。具体内容详见公司于 2025 年 10 月 11 日在上海证券交易所网 站（www.sse.com.cn）及指定媒体披露的《关于香港联交所审议公司发行境外上 市外资股（H 股）的公告》（公告编号：临 2025-060）。 证券代码：603083 证券简称：剑桥科技 公告编号：临 2025-063 上海剑桥科技股份有限公司 关于刊发 H 股招股说明书、H 股发行价格上限 及 H 股香港公开发售等事宜的公告 特别提示 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担法律责任。 上海剑桥科技股份有限公司（以下简称"公司"）正在进行发行境外上市外 资股（H 股）股票并在香港联合交易所有限公司（以下简称"香港联交所"）主 板挂牌上市（以下简称"本次发行上市"）的相关工作。 2025 年 4 月 28 日，公司向香港联交所递交了本次发行上市的申请，并于同 日在香港联交所网站刊登了申请资料。具体内容详见公司于 2025 年 4 月 30 日在 上海证券交易 ...

Core Insights - The Co-Packaged Optics (CPO) concept has seen a rise of 2.64%, ranking 9th among concept sectors, with 107 stocks increasing in value [1][2] - Notable gainers include Qingshan Paper, Huilv Ecology, and Cambridge Technology, which hit the daily limit, while Weiteng Electric, Huaten Technology, and Ruijie Network experienced the largest declines [1][2] Market Performance - The CPO sector attracted a net inflow of 6.83 billion yuan, with 64 stocks receiving net inflows, and 15 stocks exceeding 100 million yuan in net inflow [2] - The top net inflow stock was Zhongji Xuchuang, with a net inflow of 2.09 billion yuan, followed by Shenghong Technology, Xinyi Sheng, and Tianfu Communication [2] Stock Performance - The stocks with the highest net inflow ratios include Huilv Ecology (25.11%), Qingshan Paper (25.04%), and Cambridge Technology (20.62%) [3] - Key stocks in the CPO sector include Zhongji Xuchuang (7.87% increase), Shenghong Technology (1.87% increase), and Xinyi Sheng (4.09% increase) [3][4]

截至10月20日收盘，F5G概念上涨3.42%，位居概念板块涨幅第3，板块内，34股上涨，中信重工、剑桥 科技、瑞斯康达等涨停，初灵信息、仕佳光子、中际旭创等涨幅居前，分别上涨12.42%、8.16%、 7.87%。 | 代码 | 简称 | 今日涨跌幅 | 今日换手率 | 主力资金流量（万 | 主力资金净流入比率 | | --- | --- | --- | --- | --- | --- | | | | （%） | （%） | 元） | （%） | | 300308 | 中际旭 创 | 7.87 | 5.44 | 208717.97 | 8.53 | | 603083 | 剑桥科 技 | 10.00 | 7.79 | 45978.85 | 20.62 | | 000988 | 华工科 技 | 2.89 | 6.13 | 30392.71 | 6.12 | | 601608 | 中信重 工 | 10.00 | 2.78 | 22949.81 | 29.52 | | 300548 | 长芯博 创 | 2.30 | 6.59 | 11152.71 | 6.35 | | 688205 | 德科立 | 2.65 | 6 ...

Core Viewpoint - Cambridge Technology Co., Ltd. (stock code: 6166) has initiated its IPO process and plans to list on the Hong Kong Stock Exchange on October 28, 2025, aiming to raise up to HKD 46.15 billion (approximately USD 5.94 billion) through the issuance of 67.01 million H-shares at a maximum price of HKD 68.88 per share [1]. Group 1: IPO Details - The company has secured cornerstone investors, including prominent firms such as Baillie Gifford, MSIP, and Sequoia Capital, with a total subscription amount of USD 290 million [1][2]. - If the overallotment option is fully exercised, the total fundraising could reach HKD 46.15 billion [1]. Group 2: Financial Performance - Cambridge Technology reported revenues of RMB 3.78 billion, RMB 3.09 billion, and RMB 3.65 billion for the years 2022, 2023, and 2024, respectively, with gross profits of RMB 688.64 million, RMB 664.10 million, and RMB 762.25 million [5][6]. - The company's gross margins for the same years were 18.2%, 21.5%, and 20.9% [5]. - For the first half of 2025, the company achieved revenues of RMB 2.03 billion, with a gross profit of RMB 445.80 million and a gross margin of 21.9% [8]. Group 3: Business Overview - Cambridge Technology is an international enterprise serving the global ICT industry, focusing on the research, production, and sales of terminal devices for telecommunications, data communications, and enterprise/home networks [4]. - The company's products are utilized by major telecommunications operators and internet giants worldwide [4]. Group 4: Shareholding Structure - Gerald G Wong controls 16% of the company's shares, while Cambridge Industries Company holds 13.64% [9][15]. - The company has a diverse shareholder base, including various investment funds and institutions [11][13].

证券之星消息，10月20日通信设备板块较上一交易日上涨3.88%，世嘉科技领涨。当日上证指数报收于 3863.89，上涨0.63%。深证成指报收于12813.21，上涨0.98%。通信设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002796 | 世嘉科技 | 17.93 | 10.00% | 13.88万 | | 2.43 Z | | 603083 | 剑桥科技 | 108.25 | 10.00% | 20.89万 | | 22.30亿 | | 603803 | 瑞斯康达 | 8.92 | 9.99% | 20.64万 | | 1.79亿 | | 688313 | 仕佳光子 | 58.88 | 8.16% | 42.63万 | | 24.96亿 | | 300308 | 中际旭创 | 403.00 | 7.87% | 60.16万 | | 244.68亿 | | 300394 | 天孚通信 | 157.97 | 7.76% | 44.67万 | | ...

Market Overview - The A-share market experienced an overall increase on October 20, with the Shanghai Composite Index rising by 0.63%, the Shenzhen Component Index by 0.98%, and the ChiNext Index by 1.98% [5] - A total of 4,064 stocks rose, with 95 stocks hitting the daily limit up, while 1,253 stocks declined [6] Sector Performance - The coal and gas sectors saw significant gains, with multiple stocks such as Zhengzhou Coal Power and Guo Xin Energy reaching their daily limit up [8] - CPO and other computing hardware stocks also surged, with companies like Cambridge Technology and Hui Lv Ecology hitting the limit up [10] Notable Stocks - In the coal sector, notable performers included: - Shaanxi Black Cat: +10.13% [9] - Zhengzhou Coal Power: +10.10% [9] - In the gas sector, key stocks included: - Kai Tian Gas: +10.43% [10] - Guo Xin Energy: +10.00% [10] International Market Trends - Japanese and Korean stock markets reached new highs, with the Nikkei 225 index soaring by 1,600 points, surpassing 49,000 points [16] - The Seoul Composite Index increased by 1.6%, driven by substantial progress in tariff negotiations with the U.S. [18]

Market Overview - The A-share market experienced a pullback after an initial rise, with the ChiNext Index rising over 3% at one point. By the end of the trading day, the Shanghai Composite Index increased by 0.63%, the Shenzhen Component Index by 0.98%, and the ChiNext Index by 1.98%. The total trading volume in the Shanghai and Shenzhen markets was 1.75 trillion yuan, a decrease of 203.1 billion yuan compared to the previous trading day, marking the lowest trading volume since August 8 [1][2]. Sector Performance - The coal sector continued to strengthen, with Dayou Energy achieving 11 consecutive trading days of gains and Antai Group securing 3 consecutive gains. Gas stocks also saw a rapid rise, with Guo Xin Energy achieving 4 gains in 5 days. The optical module (CPO) concept stocks surged, with multiple stocks rising over 6% [4][3]. Company Highlights - Mu Xi Integrated Circuit (Shanghai) Co., Ltd. is set for its IPO review on October 24. Established in 2020, the company is one of the few in China that has mastered the development, design, and mass production of high-performance GPU chips and their underlying system software. Their flagship GPU, the Xi Yun C600, was launched at the 2025 World Artificial Intelligence Conference, featuring a domestic supply chain and advanced capabilities [6]. - Cambrian Technology reported a third-quarter revenue of 1.727 billion yuan, a year-on-year increase of 1333%, with a net profit of 567 million yuan, compared to a loss of 194 million yuan in the same period last year. The gross margin was 54.24%, indicating better-than-expected revenue performance [7]. Cryptocurrency Market - The cryptocurrency market saw significant gains, with Bitcoin rising to $111,209, an increase of over 4% in the past 24 hours, and Ethereum reaching $4,077, up over 5% [9][10]. Economic Indicators - The U.S. Federal Reserve hinted at a potential interest rate cut in October due to a deteriorating labor market, with expectations of a further increase in the likelihood of rate cuts in the coming months [13]. Investment Strategy - Analysts suggest maintaining a balanced allocation with a focus on cost-effectiveness, particularly in sectors such as semiconductor equipment, AI edge computing, batteries, and non-ferrous metals, while continuing to hold positions in gold and large financials [15][16].

Market Overview - The A-share market experienced an overall increase on October 20, with the Shanghai Composite Index rising by 0.63%, the Shenzhen Component Index by 0.98%, and the ChiNext Index by 1.98% [1][2] - A total of 4,064 stocks rose, with 95 stocks hitting the daily limit up, while 1,253 stocks declined [2][3] Stock Performance - Notable stocks that reached the daily limit up include Shaanxi Black Cat (10.13%), Antai Group (10.10%), and Zhengzhou Coal and Electricity (10.10%) [4] - CPO and computing hardware stocks saw significant gains, with companies like Cambridge Technology and Huilv Ecology hitting the limit up [5][6] - The robotics sector was active, highlighted by Yushu Technology's launch of a new humanoid robot capable of dance and martial arts [7] International Market Highlights - The Japanese stock market saw a historic surge, with the Nikkei 225 index rising by 1,600 points, surpassing 49,000 points, driven by expectations of more aggressive fiscal policies following the formation of a new coalition government [12][13] - The South Korean stock market also rose by 1.6%, buoyed by reports of substantial progress in tariff negotiations with the United States [15] Sector Analysis - The precious metals sector faced a downturn, with companies like Hunan Silver and Western Gold hitting the daily limit down [9][10] - The overall trading volume in the market reached 113,774.6 million, indicating a robust trading environment [3]

中国经济网北京10月20日讯 剑桥科技(SH:603083)今日股价涨停，截至收盘报108.25元，涨幅 10.00%，总市值290.13亿元。 （责任编辑：康博） ...