（文章来源：每日经济新闻） 每经AI快讯，12月26日，午后CPO概念持续调整，长光华芯跌超10%，罗博特科、腾景科技、联特科 技、源杰科技、仕佳光子、德科立均跌超5%。 ...

Market Overview - The Shanghai Composite Index increased by 0.23% as of 13:57, with a trading volume of 1,061.49 million shares and a transaction value of 17,900.52 billion yuan, representing a 16.10% increase compared to the previous trading day [1] Industry Performance - The top-performing industries included: - Non-ferrous metals: up 3.88% with a transaction value of 1,305.04 billion yuan, a 53.70% increase from the previous day, led by Xiaocheng Technology, which rose by 11.43% [1] - Steel: up 1.70% with a transaction value of 99.99 billion yuan, a 27.49% increase, led by Hainan Mining, which increased by 10.02% [1] - Retail: up 1.50% with a transaction value of 366.81 billion yuan, a 10.66% increase, led by Yinzuo Co., which rose by 10.03% [1] Underperforming Industries - The industries with the largest declines included: - Electronics: down 0.90% with a transaction value of 2,734.97 billion yuan, a 1.58% increase from the previous day, led by Changguang Huaxin, which fell by 10.00% [2] - Banking: down 0.65% with a transaction value of 130.30 billion yuan, a 3.69% decrease, led by Xiamen Bank, which decreased by 1.42% [2] - Communication: down 0.52% with a transaction value of 1,007.17 billion yuan, a 5.35% decrease, led by Shijia Photon, which fell by 5.29% [2]

Market Overview - The market experienced a high opening followed by a decline, with all three major indices turning negative during the session. The Shanghai and Shenzhen markets saw a half-day trading volume of 1.45 trillion, a significant increase of 251.3 billion compared to the previous trading day. Over 3,900 stocks in the market declined [1] - The Shanghai Composite Index fell by 0.19%, while the Shenzhen Component Index rose by 0.17%, and the ChiNext Index decreased by 0.15% [1] Sector Performance - The lithium battery supply chain showed strong performance, with Tianji Co. achieving three consecutive trading limits in four days, and several other stocks like Hongyuan Pharmaceutical and Yongxing Materials hitting their daily limits [1] - The commercial aerospace sector remained active, with Shenjian Co. achieving seven consecutive trading limits and Jiuding New Materials achieving four consecutive limits [1] - The photovoltaic sector saw partial gains, with stocks like GCL-Poly and Yijing Photovoltaic hitting their daily limits [1] - The Hainan Free Trade Zone concept stocks were also active, with Hainan Development achieving five limits in six days [1] - In contrast, the computing hardware sector showed weakness, with Changguang Huaxin dropping over 10% [1] Lithium Market Insights - The main contract for lithium carbonate surged past 130,000, increasing by over 8% during the day, marking a new high since November 2023. The market outlook for lithium prices remains optimistic due to recovering quarterly earnings from lithium companies and increasing demand from new energy vehicles [3] - The China Nonferrous Metals Industry Association's lithium division indicated that lithium futures prices are expected to gradually rise by November 2025, with increased volatility anticipated [3] Hainan Free Trade Zone Developments - The Hainan Free Trade Port officially commenced its first week of full island closure, with customs reporting over 400 million yuan in "zero tariff" imports and over 20 million yuan in domestic processing goods exempt from tariffs [5] - The duty-free shopping market in Hainan saw a surge, with shopping amounts reaching 1.1 billion yuan and 165,000 shoppers during the week of December 18-24 [5] Photovoltaic Sector Developments - Four leading silicon wafer companies significantly raised their prices on December 25, with average increases reaching 12%. This price hike is attributed to substantial increases in upstream silicon material costs [9][20] Investment Trends - UBS Wealth Management forecasts that the Chinese stock market will continue to have upward potential, driven by advanced manufacturing and technology sectors. The report highlights that AI and technology are key growth drivers, with expectations for significant earnings growth in the Hang Seng Technology Index by 2026 [30] - The National Development and Reform Commission announced that the National Venture Capital Guidance Fund will increase investments in early-stage projects in sectors such as integrated circuits, artificial intelligence, aerospace, and low-altitude economy [31]

文/新浪财经上海站 十里 近日，市场流传消息称，长光华芯已获得中际旭创相关EML（电吸收调制激光器）订单，引发二级市 场关注。 对此，疑似长光华芯证券事务代表杜佳于12月25日在朋友圈进行辟谣称，公司近期不存在需要披露的订 单公告，并提示广大投资者注意投资风险，理性决策，审慎投资。 责任编辑：公司观察 ...

Market Overview - The A-share market experienced a sharp pullback after an initial rise, with all three major indices turning negative during the session. The total trading volume in the Shanghai and Shenzhen markets reached 1.45 trillion, a significant increase of 251.3 billion compared to the previous trading day. Over 3,900 stocks in the market declined [1]. Sector Performance - The lithium battery industry chain showed rapid strength, with Tianji Co. achieving three consecutive trading limits in four days. Other stocks such as Hongyuan Pharmaceutical and Yongxing Materials also hit the daily limit [2]. - The commercial aerospace concept remained active, with Shenjian Co. achieving seven consecutive trading limits [2]. - New materials stocks saw four consecutive trading limits, and Jiayuan Technology reached the daily limit. The photovoltaic sector experienced localized gains, with companies like GCL-Poly Energy and Yijing Photovoltaic hitting the daily limit. The Hainan Free Trade Zone concept was also active, with Hainan Development achieving five trading limits in six days [3]. Declining Sectors - The computing hardware concept showed weakness, with Changguang Huaxin dropping over 10%. By the end of the trading session, the Shanghai Composite Index fell by 0.19%, while the Shenzhen Component Index rose by 0.17%, and the ChiNext Index decreased by 0.15% [4].

Core Insights - The total margin financing balance in A-shares reached 25,454.30 billion yuan on December 25, increasing by 37.47 billion yuan from the previous trading day, accounting for 2.58% of the A-share circulating market value [1] - The margin trading volume on the same day was 2,203.73 billion yuan, up by 128.51 billion yuan from the previous trading day, representing 11.32% of the total A-share trading volume [1] Industry Summary - Among the 31 primary industries tracked by Shenwan, 18 industries experienced net financing inflows, with the electronics sector leading at a net inflow of 4.634 billion yuan [3] - Other industries with significant net financing inflows included power equipment, machinery, communications, defense and military, and non-ferrous metals [3] Company Summary - A total of 51 stocks had net financing inflows exceeding 100 million yuan, with Industrial Fulian leading at a net inflow of 813.09 million yuan [4] - Other notable companies with high net financing inflows included Aerospace Electronics (756.60 million yuan), Goldwind Technology (554.50 million yuan), and Zhongji Xuchuang (522.67 million yuan) [4]

每经AI快讯，12月26日，光模块（CPO）指数盘初下跌2.04%。成分股中，长光华芯一度跌超11%；源 杰科技、德科立、太辰光、剑桥科技等个股跟跌。 （文章来源：每日经济新闻） ...

Group 1 - The optical packaging (CPO) sector has experienced a short-term decline, with Longguang Huaxin falling over 9% [1] - Other companies such as Dongtian Micro, Yuanjie Technology, Dekeli, and Yidong Electronics also saw declines [1]

（原标题：12月25日科创板主力资金净流出16.89亿元） 沪深两市全天主力资金净流出181.29亿元，其中，科创板主力资金净流出16.89亿元，主力资金净流入的有230只股，主力资金净流出的有368只 股。 证券时报•数据宝统计显示，今日科创板个股上涨的有439只，下跌的有152只。其中，上市5日内的有C健信、优迅股份等，今日跌幅较高的有C健 信、优迅股份，跌幅为8.28%、6.43%。 资金流向方面，今日主力资金净流入的科创板股共有230只，其中，10只个股主力资金净流入超亿元，臻镭科技主力资金净流入4.82亿元，净流入 资金居首；长光华芯、源杰科技紧随其后，全天净流入资金分别为4.59亿元、3.15亿元。主力资金净流出的有368只，净流出资金最多的是摩尔线 程-U，该股今日下跌0.81%，全天主力资金净流出4.15亿元，其次是生益电子、晶合集成，主力资金净流出分别为3.17亿元、2.84亿元。 上市5日内的C健信今日下跌8.28%，主力资金净流入4463.55万元；资金净流出较多的是优迅股份，今日主力资金净流出2.11亿元。 从主力资金连续性进行观察，共有40只个股主力资金连续3个交易日以上持续净流入， ...

长光华芯苏州总部大楼 2020年，长光华芯与苏州高新区联合共建苏州半导体激光创新研究院。在集聚高校及科研院所的创新资 源、优秀人才和团队之外，该研究院的一大重要功能是投资孵化。目前，该研究院已成功孵化12家企 业，形成覆盖上游材料到下游应用的完整布局 ◎钱佳滢 记者 仲茜 太湖之滨，坐落着一家专注铸就中国激光芯的IDM企业。步入长光华芯总部大楼，墙面上"心所往·光所 至"的标语格外醒目。这不仅是长光华芯的发展愿景，更是公司深耕激光芯片领域十余年的初心写照。 "心所往，也就是人心所向，是每个人心中美好的理想，同时'心'谐音'芯'，指公司做的芯片。光所至， 对于公司来说，'激光'就是我们心中能够实现美好理想的事业，而光的速度也是最快的，心里想到，嘴 里说到，我们就要做到，这是我们的处世哲学。"在长光华芯董事长、总经理闵大勇心中，这句企业愿 景，也道出了光芯片同行们对这份事业共同的热爱。 谈起激光的特性，闵大勇如数家珍。从2000年进入激光行业至今，闵大勇见证了中国激光产业从无到 有、从有到强。2017年，闵大勇加入长光华芯，执掌这家刚刚成立五年的半导体激光器芯片公司。 "来到长光华芯，圆了我的梦想——做半导体激光 ...