97.200 ● 价位 ● 均价 -40.00% 226.600 量:12200 分时量 226.400 88800 226.200 226.000 225.800 MACD MACD(12,26,9):0.413 DIF:0.721 DEA:0.515 225.600 225.400 225.200 225.000 16:15 18:30 1分 55 分析 • 行情来源: 利弗莫尔证券 • 智通财经APP获悉，兆易创新(03986)将于2026年1月13日(星期二)在香港挂牌。截至收盘，利弗莫尔证券暗盘交易显示报价226.8港元，较招股价162港元上涨 40%，每手100股，不计手续费，每手赚6480港元。 ...

Market Overview - The Shanghai Composite Index rose by 1.09% on January 12, with 28 out of the 31 sectors experiencing gains, led by the media and computer sectors, which increased by 7.80% and 7.26% respectively [1] - The electronic sector saw a modest increase of 1.46% [1] - The sectors that faced declines included oil and petrochemicals, coal, and real estate, with decreases of 1.00%, 0.47%, and 0.29% respectively [1] Capital Flow Analysis - The net outflow of capital from the two markets was 27.468 billion yuan, with 11 sectors experiencing net inflows [1] - The computer sector had the highest net inflow of capital, amounting to 15.774 billion yuan, coinciding with its 7.26% increase [1] - The media sector followed with a net inflow of 5.391 billion yuan and a daily increase of 7.80% [1] - The power equipment sector experienced the largest net outflow, totaling 14.093 billion yuan, followed by the electronic sector with a net outflow of 11.193 billion yuan [1] Electronic Sector Performance - Within the electronic sector, 345 out of 476 stocks rose, with 6 hitting the daily limit up [2] - The leading stock in terms of net capital inflow was Lingyi Technology, which saw an inflow of 1.696 billion yuan, followed by Zhaoyi Innovation and Changchuan Technology with inflows of 668 million yuan and 322 million yuan respectively [2] - Conversely, the stocks with the highest net outflows included Industrial Fulian, Qianzhao Optoelectronics, and Shenghong Technology, with outflows of 1.429 billion yuan, 1.373 billion yuan, and 1.303 billion yuan respectively [3] Electronic Sector Capital Inflow and Outflow - The top gainers in the electronic sector included Lingyi Technology (10.02%), Zhaoyi Innovation (4.71%), and Changchuan Technology (4.09%) [2] - The stocks with the highest capital outflows were Industrial Fulian (-0.89%), Qianzhao Optoelectronics (3.90%), and Shenghong Technology (-3.32%) [3]

Group 1 - The core viewpoint of the article highlights that the Hong Kong stock market's new IPO, Zhaoyi Innovation, has seen a significant increase of over 34% in its dark market trading [1] Group 2 - The article indicates that Zhaoyi Innovation's performance in the dark market reflects strong investor interest and confidence in the company's potential [1] - The rise in share price may suggest positive market sentiment towards the technology sector, particularly in semiconductor-related companies [1] - The substantial increase in Zhaoyi Innovation's stock price could attract further attention from institutional investors looking for growth opportunities in the Hong Kong market [1]

Group 1 - The core viewpoint of the article highlights that the Hong Kong stock market's new IPO, Zhaoyi Innovation, has seen a significant increase of over 34% in its dark market trading [1] Group 2 - Zhaoyi Innovation's strong performance in the dark market indicates positive investor sentiment and potential demand for the company's shares [1]

Group 1 - The core point of the news is that兆易创新 (GigaDevice) will be listed on the Hong Kong Stock Exchange on January 13, 2026, with an initial offering price of HKD 162, and the dark trading price is currently HKD 219.6, reflecting a 35.56% increase [1] - The dark trading indicates a potential profit of HKD 5,760 per lot (100 shares) based on the current trading price [1] Group 2 - The current trading price is HKD 220.800, which shows a 36.30% increase compared to the initial offering price [3] - The trading volume recorded is 40,500 shares, indicating active market participation [4] - The MACD indicators show a positive trend with a value of 2.357, suggesting bullish momentum in the stock [4]

Group 1 - The core viewpoint of the news is that Zhaoyi Innovation (03986) is set to be listed on the Hong Kong Stock Exchange on January 13, 2026, with an initial offering price of HKD 162, and the dark pool trading shows a significant increase in price to HKD 219.6, representing a 35.56% rise [1] - The dark pool trading indicates a profit of HKD 5,760 per lot (100 shares) based on the current trading price [1] - The trading data shows a price of HKD 220.800 with a percentage change of 36.30%, indicating strong market interest and potential demand for the stock [3] Group 2 - The trading volume recorded is 40,500, suggesting active trading activity around the stock [4] - The MACD indicators show a positive trend with values of 2.357 for MACD, 1.910 for DIF, and 0.731 for DEA, indicating bullish momentum in the stock's performance [4]

Group 1 - The A-share market saw a collective surge in storage chip concept stocks, with notable gains from companies such as Xicai Testing and Hangyu Micro, both rising over 10% [1] - Tian'ao Electronics hit the 10% daily limit, while Aerospace Zhizhuang increased by over 8%, and Guoke Micro rose by over 6% [1] - Other companies like Hangzhou Kelin, Changdian Technology, Zhongwei Company, and Leike Defense also experienced gains exceeding 5% [1] Group 2 - Specific stock performance includes: - Xicai Testing (code: 301306) up 10.95% with a market cap of 13.8 billion and a year-to-date increase of 43.36% [2] - Hangyu Micro (code: 300053) up 10.08% with a market cap of 16.7 billion and a year-to-date increase of 25.71% [2] - Tian'ao Electronics (code: 002935) up 10.02% with a market cap of 10.8 billion and a year-to-date increase of 13.96% [2] - Aerospace Zhizhuang (code: 300455) up 8.48% with a market cap of 27.4 billion and a year-to-date increase of 26.96% [2] - Guoke Micro (code: 300672) up 6.15% with a market cap of 27.2 billion and a year-to-date increase of 16.30% [2] - The MACD golden cross signal formation indicates a positive trend for these stocks [1]

Group 1 - The A-share market showed mixed performance on January 12, with the Shanghai Composite Index rising by 0.25%, driven by gains in sectors such as internet, cultural media, and software, while motorcycle and energy equipment sectors faced declines [1] - The chip technology sector demonstrated strong fluctuations, with the chip ETF (159995) increasing by 1.68%. Notable individual stock performances included Longxin Technology rising by 9.52%, Changdian Technology by 7.09%, and Zhongwei Company by 6.77% [1] Group 2 - NVIDIA's founder and CEO Jensen Huang announced the launch of the Rubin platform at CES 2026, which consists of six new chips designed for building extraordinary AI supercomputers. These include Vera CPU, Rubin GPU, NVLink 6 switch, ConnectX-9 SuperNIC, BlueField-4 DPU, and NVIDIA Spectrum-6 Ethernet switch [3] - The Rubin platform is expected to significantly reduce training time and lower inference token costs, marking a new era in AI computing power. The collaborative design of these chips is anticipated to enhance performance and increase the value across multiple segments of the industry [3] - The chip ETF (159995) tracks the National Chip Index, comprising 30 leading companies in the A-share chip industry, including SMIC, Cambricon, Changdian Technology, and Northern Huachuang, indicating a robust investment landscape in the semiconductor sector [3]

Group 1 - The A-share market saw a collective surge in storage chip concept stocks on January 12, with notable gains from companies such as Xicet Testing and Hangyu Micro, both rising over 10% [1] - Tian'ao Electronics hit the 10% daily limit, while Aerospace Zhizhuang increased by over 8%, and Guoke Micro rose by over 6% [1] - Other companies like Hangzhou Kelin, Changdian Technology, Zhongwei Company, and Leike Defense also experienced gains exceeding 5%, with Zhaoyi Innovation up over 3% [1] Group 2 - Xicet Testing (301306) increased by 10.95%, with a total market value of 13.8 billion and a year-to-date increase of 43.36% [2] - Hangyu Micro (300053) rose by 10.08%, with a market capitalization of 16.7 billion and a year-to-date increase of 25.71% [2] - Tian'ao Electronics (002935) saw a 10.02% increase, with a market value of 10.8 billion and a year-to-date increase of 13.96% [2] - Aerospace Zhizhuang (300455) increased by 8.48%, with a market capitalization of 27.4 billion and a year-to-date increase of 26.96% [2] - Guoke Micro (300672) rose by 6.15%, with a market value of 27.2 billion and a year-to-date increase of 16.30% [2] - Zhaoyi Innovation (603986) increased by 3.23%, with a market capitalization of 172.4 billion and a year-to-date increase of 20.48% [2]

Core Insights - The company is a leading global Fabless chip supplier with a diversified layout in "sensing, storage, computing, control, and connectivity" [1][6] - The company has a comprehensive product line including Flash, niche DRAM, MCUs, analog chips, and sensor chips, with significant advancements in various technologies over the years [1][6] - The company has seen a recovery in demand, leading to substantial growth in revenue and profit in 2024 and 2025 [2][10] Company Overview - Founded in 2005 and listed in 2016, the company has established itself as a top player in the Fabless chip sector [1][6] - The company launched the first domestic SPI NOR Flash in 2008, breaking the overseas monopoly [1][6] - The acquisition of Shanghai Silan Micro in 2019 marked the company's entry into the sensor market, and the acquisition of Suzhou Saixin in 2024 strengthened its analog chip business [1][6] Main Business Segments - The company has a strong focus on storage chips, covering NOR Flash, NAND Flash, and niche DRAM, with a market share of 18.05% in NOR Flash as of 2024 [2][7] - The company is the first in China to offer a complete product line of SPI NOR Flash with capacities from 512Kb to 2Gb [7] - The NAND products are primarily SLC NAND, used in industrial control, automotive electronics, and communication devices [7] Financial Performance - The company experienced revenue of 81.50 billion, 81.30 billion, and 57.61 billion yuan from 2021 to 2023, with a notable recovery in 2024, achieving 73.56 billion yuan [10] - The net profit for 2024 was 11.03 billion yuan, reflecting a significant increase of 584.21% year-on-year [10] - In the first three quarters of 2025, the company reported revenue of 68.32 billion yuan, a year-on-year growth of 20.92% [10] Market Trends - The NOR Flash market is expanding due to the rise of edge AI, with an expected market size of 4.2 billion USD by 2029 [4][11] - The global NOR Flash market was valued at 2.2 billion yuan in 2023 and is projected to grow to 2.8 billion USD in 2024, with a year-on-year growth rate of 27% [11] - The exit of major international players from the SLC NAND market has created opportunities for domestic manufacturers [12][13] Competitive Landscape - The top three manufacturers dominate over 60% of the NOR Flash market, with the company rising to the second position globally and first in mainland China with an 18.5% market share [12] - The competitive landscape is shifting as major international companies withdraw from the NOR Flash market, allowing local firms to gain market share [12][13] - The company is well-positioned to benefit from the growing demand in automotive electronics and AI-driven applications [5][12]