据Wind数据，12月29日商业航天再迎主力资金青睐。商业航天持续火热，近日又出现哪些利好因素？投资者又该如何把握机遇？请看机构最新研判。 近期，商业航天板块热度持续升温，其核心驱动力来自"制度破冰"与"火箭运力突破在即"的双重催化。 从政策层面看，上海证券交易所正式发布商业火箭企业适用科创板第五套上市标准的指引，资本市场的制度突破为行业注入强心剂。12月26日，上交所发 布的《上海证券交易所发行上市审核规则适用指引第9号——商业火箭企业适用科创板第五套上市标准》明确，商业火箭企业申报科创板时，需至少实 现"采用可重复使用技术的中大型运载火箭发射载荷首次成功入轨"。 二是卫星制造、运营与太空应用链。火箭运力提升后，卫星批量制造与发射将成为焦点，从相控阵芯片、激光通信载荷到卫星平台制造、数据运营服务等 环节需求将放量。受益标的：中科星图、航天宏图、中国卫星、乾照光电等。 三是测试与验证服务链。无论是火箭还是卫星，在研发和量产阶段都需要经历复杂的测试环节，专业第三方服务商的需求将伴随产业成熟而同步增长。受 益标的：航天环宇、西测测试、苏试试验、广电计量等。 | 火箭制造与核心配套链 | 航天动力、超捷股份、斯瑞新 ...

由于"美国缺电"与算力需求爆发性增长的矛盾日益尖锐，数据中心等高耗能设施对电力供给的刚性需求持续爆发，燃气轮机作为快速响应、高效稳定的供电 解决方案，正迎来历史性发展机遇。 由此，以通用电气（GE Vernova）、西门子能源（Siemens Energy）为代表的国际燃气轮机巨头股价表现强势，代表了市场对其未来增长给予了高度期待。 其中，燃气轮机龙头GE Vernova年内股价累计涨幅超115%，自分拆上市以来涨幅更是逾430%。 这股源自海外的强劲需求浪潮，正沿着产业链条层层传导，为A股市场中相关配套上市公司带来了前所未有的发展机遇。那些深度融入海外巨头发电设备产 业链的A股配套上市公司，有望在2026年迎来订单与业绩的双重爆发。 燃气轮机板块的两大逻辑共振 美国电力短缺并非一日之寒。 首先是电力缺口持续扩大。近年来，随着人工智能、数据中心、电动汽车及高端制造业的迅猛发展，美国的电力需求曲线陡峭上扬。美国能源信息署 （EIA）最新预测显示，2026年美国电力消耗将达到4267亿千瓦时，再创新高，其中AI数据中心与加密货币挖矿是需求增长的核心驱动力。摩根士丹利进一 步指出，2025-2028年美国数据中心累 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 688102 | 斯瑞新材 | 40.19 | 6.10% | 64.38万 | 26.53亿 | | 920751 | 惠同新材 | 21.79 | 5.16% | 3.08万 | 6638.94万 | | 603072 | 天和磁材 | 41.70 | 1.41% | 2.73万 | 1.13亿 | | 301323 | 新来福 | 56.30 | 0.90% | 1.78万 | 9939.26万 | | 300855 | 图南股份 | 33.00 | 0.89% | 9.34万 | 3.07亿 | | 300224 | 正海磁材 | 15.59 | 0.71% | 17.08万 | 2.67亿 | | 605158 | 华达新材 | 7.98 | 0.63% | 2.15万 | 1707.13万 | | 603045 | 福达合金 | 19.90 | 0.45% | 1.95万 | 3868.30万 | | 301522 | 上大股份 | 4 ...

- The report introduces two quantitative factors: the "Leading Factor" and the "Right-Skewed Peak Factor," both constructed based on price-volume data to identify top-performing stocks within the "Commercial Space" concept stock pool[2][8] - The "Leading Factor" is designed to capture stocks with strong upward momentum, while the "Right-Skewed Peak Factor" focuses on stocks with a sharp and asymmetric price distribution, indicating potential for significant gains[8] - The enhanced portfolio derived from these factors includes five stocks: Sunway Communication, Sray Materials, China Satellite, Aerospace Development, and Aerospace Electronics[8]

Investment Rating - The industry investment rating is "Positive" [5] Core Insights - The Shanghai Stock Exchange has officially released guidelines for commercial rocket companies to apply for the fifth set of listing standards on the Sci-Tech Innovation Board, which supports high-quality commercial rocket enterprises that have not yet formed a certain revenue scale to go public [2][7] - The commercial rocket industry is expected to experience rapid growth due to continuous policy support, accelerated technological iteration, and the release of rocket production capacity, leading to a significant increase in the number of rockets and launch frequency in China [3][7] Summary by Relevant Sections Industry Overview - The guidelines emphasize that companies must have key core technologies and significant technological advantages or breakthroughs, focusing on the self-research capabilities of core components and key indicators such as payload capacity and multi-satellite launch capabilities [7] - The guidelines also require that commercial rocket companies achieve a milestone of successfully launching a medium to large reusable rocket payload into orbit [7] Market Dynamics - The commercial rocket sector is currently a bottleneck in the commercial aerospace industry, and with the release of production capacity, improvement in launch capabilities, and breakthroughs in reusable technology, the progress of satellite networking is expected to experience a leap forward [7] - The report identifies that the future of China's rocket sector will see a threefold resonance of capacity release, enhanced launch capabilities, and breakthroughs in reusable technology, which will accelerate the resolution of launch bottlenecks [7] Investment Targets - Recommended investment targets in the satellite sector include Aerospace Electronics (600879, Buy), Zhenlei Technology (688270, Not Rated), and others [7] - Recommended investment targets in the rocket sector include Aerospace Power (600343, Not Rated), Zhonghang Heavy Industry (600765, Buy), and others [7]

每经AI快讯，12月29日，商业航天概念震荡走强，航天发展封涨停。超捷股份涨逾14%，斯瑞新材、雷 科防务等一批个股涨停。 （文章来源：每日经济新闻） ...

| 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 300699 | 光威复材 | | 12.02 | 325亿 | 14.57 | | 002471 | 中超控股 | 1 | 10.06 | 94.31亿 | 152.38 | | 603017 | 中衡设计 | | 10.04 | 32.09 Z | 47.49 | | 603278 | 大业股份 | 资 | 10.00 | 48.12 乙 | 85.51 | | 688066 | 航天宏图 | -06- | 9.75 | 85.25 Z | 59.95 | | 688629 | 华丰科技 | 1 | 9.53 | 491亿 | 217.74 | | 688295 | 中复神鹰 | 1 | 8.95 | 307亿 | 71.00 | | 603936 | 博敏电子 | 张 | 8.75 | 80.69亿 | 52.02 | | 002361 | 神剑股份 | 1 | 8.20 | 136亿 | 163.53 | | 002465 | 海格通信 | 1 | ...

（声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） 出品丨21财经客户端 21世纪经济报道 SFC 记者丨金珊 编辑丨吴桂兴 12月29日早盘，现货白银大涨后快速跳水，抹去此前近6%的涨幅，一度跌超5%。截至9:54，跌幅收窄至2.68%，报77.203美元/盎司。 此外，现货黄金跌破4500美元，现货铂金跌超2%，报2381美元/盎司。 国内期货主力合约涨跌不一，沪银期货主力合约一度涨超7%创新高，最新涨超5%，沪铜涨超2%。 A股市场方面，Wind有色金属指数涨0.32%，成分股中，海南矿业涨停，斯瑞新材涨超12%，湖南白银涨超9%， 白银有色涨超7%，江西铜业 涨超5%；金诚信跌超5%，大中矿业、 国城矿业 跌超3%。 | < W | 有色金属指数(884956) | | | | | --- | --- | --- | --- | --- | | | 2795.65 9.00 +0.32% | | | | | 资料 | 成分 资讯 相关基金 | | | 月度收益 | | 斯瑞新材 | | 42.43 | 12.01% | 0.71% | | 688102.SH | | | | | | ...

| 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 300699 | 光威复材 | | 12.02 | 325亿 | 14.57 | | 002471 | 中超控股 | 1 | 10.06 | 94.31 乙 | 152.38 | | 603017 | 中衡设计 | | 10.04 | 32.09亿 | 47.49 | | 603278 | 大业股份 | 设 | 10.00 | 48.12 乙 | 85.51 | | 688066 | 航天宏图 | 长 | 9.75 | 85.25 Z | 59.95 | | 688629 | 华丰科技 | 1 | 9.53 | 491亿 | 217.74 | | 688295 | 中复神鹰 | 1 | 8.95 | 307亿 | 71.00 | | 603936 | 博敏电子 | 张 | 8.75 | 80.69亿 | 52.02 | | 002361 | 神剑股份 | 1 | 8.20 | 136亿 | 163.53 | | 002465 | 海格通信 | 1 | 7. ...

| 序号 | 代码 | 名称 | | 最新 | 器幅% ↑ | | --- | --- | --- | --- | --- | --- | | 1 | 300699 | 光威复材 | | 39.19 | 12.39 | | 2 | 688102 | 斯瑞新材 | 1 | 42.38 | 11.88 | | 3 | 688066 | 航天宏图 | | 32.92 | 10.73 | | ব | 002471 | 中超控股 | + | 6.89 | 10.06 | | ട | 603017 | 中街设计 | | 11.62 | 10.04 | | 6 | 002465 | 海格通信 | 1 | 15.35 | 10.04 | | 7 | 002361 | 神剑股份 | 1 | 14.49 | 10.02 | | 8 | 603278 | 大业股份 | + | 14.08 | 10.00 | | 9 | 301005 | 超捷股份 | 1 | 149.74 | 9.30 | | 10 | 002202 | 全风科技 | 1 | 21.45 | 8.94 | | 11 | 000547 | 航天发展 | # | 30 ...