资金流入比率方面，雷科防务、亚光科技、海格通信等流入比率居前，主力资金净流入率分别为 20.05%、11.53%、10.21%。（数据宝） 太赫兹概念资金流入榜 截至11月28日收盘，太赫兹概念上涨2.69%，位居概念板块涨幅第4，板块内，18股上涨，雷科防务涨 停，亚光科技、天银机电、海特高新等涨幅居前，分别上涨13.48%、6.03%、3.91%。跌幅居前的有中 兴通讯、亨通光电、长飞光纤等，分别下跌0.50%、0.50%、0.25%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 钛白粉概念 | 4.31 | 禽流感 | -0.76 | | 海南自贸区 | 3.54 | 流感 | -0.49 | | 乳业 | 2.82 | 维生素 | -0.39 | | 太赫兹 | 2.69 | 肝炎概念 | -0.31 | | 磷化工 | 2.32 | 生物疫苗 | -0.30 | | 商业航天 | 2.25 | 医药电商 | -0.28 | | 福建自贸区 | 2.21 | 仿制药一致性评价 | -0.25 | ...

证券之星消息，11月28日军工电子板块较上一交易日上涨2.08%，宏达电子领涨。当日上证指数报收于 3888.6，上涨0.34%。深证成指报收于12984.08，上涨0.85%。军工电子板块个股涨跌见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 000547 | 航天发展 | 9.33 亿 | 18.04% | -4.18 Z | -8.08% | -5.15 Z | -9.96% | | 002413 | 雷科防务 | 3.34 Z | 16.50% | -1.30 Z | -6.43% | -2.04亿 | -10.07% | | 300123 亚光科技 | | 2.39 乙 | 11.63% | -3008.05万 | -1.46% | -2.09亿 | -10.16% | | ...

资金流入比率方面，雷科防务、泰豪科技、盛路通信等流入比率居前，主力资金净流入率分别为 44.60%、13.23%、8.06%。（数据宝） 太赫兹概念资金流入榜 | 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） | （%） | | 002413 | 雷科防 务 | 10.02 | 9.45 | 34136.86 | 44.60 | | 000063 | 中兴通 讯 | 1.52 | 2.04 | 22347.24 | 7.07 | | 002465 | 海格通 信 | 5.74 | 5.28 | 10846.45 | 6.95 | | 300397 | 天和防 务 | 9.57 | 23.59 | 6835.20 | 4.88 | | 600879 | 航天电 子 | 4.71 | 2.55 | 5663.44 | 6.24 | | 002446 | 盛路通 信 | 4.83 | 4.33 | 2403.51 | 8.06 | | 600590 ...

截至11月24日收盘，国产航母概念上涨3.97%，位居概念板块涨幅第8，板块内，34股上涨，中国海 防、中船防务等涨停，四创电子、国瑞科技、振芯科技等涨幅居前，分别上涨7.82%、7.79%、7.08%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 中船系 | 6.63 | 海南自贸区 | -2.19 | | 小红书概念 | 4.76 | 盐湖提锂 | -1.40 | | 军工信息化 | 4.63 | 磷化工 | -0.88 | | 太赫兹 | 4.47 | 自由贸易港 | -0.50 | | 快手概念 | 4.14 | 钛白粉概念 | -0.46 | | 智谱AI | 4.11 | 转基因 | -0.46 | | 兵装重组概念 | 4.00 | 石墨电极 | -0.40 | | 国产航母 | 3.97 | 大豆 | -0.37 | | Web3.0 | 3.89 | 化肥 | -0.30 | | 数字水印 | 3.89 | 养鸡 | -0.30 | 资金面上看，今日国产航母概念板块获主力资金净流入15. ...

Investment Rating - The report maintains a "Buy" rating for several key companies in the telecommunications and AI computing chain, including ZTE Corporation, NewEase, Ruijie Networks, Zhongji Xuchuang, China Telecom, Haige Communication, China Mobile, and Shanghai Hantong [9][41]. Core Insights - The report highlights the ongoing concerns regarding the sustainability of the AI "bubble" and the effectiveness of Scaling Law, while expressing optimism about the performance of Gemini 3 and Banana Pro, which have exceeded initial expectations [2][3]. - The AI computing chain is expected to continue its upward trend, with a focus on Google's core components such as optical modules and liquid cooling systems [2][3]. - The report emphasizes the generational leap in capabilities of Gemini 3, which has achieved significant benchmarks in reasoning and multimodal tasks, thereby shortening the time from investment to revenue [20][14]. Summary by Sections Market Overview - The telecommunications index fell by 2.51% last week, while the Shanghai Composite Index and Shenzhen Component Index dropped by 3.90% and 5.13%, respectively [2][13]. - Concerns about the overseas AI "bubble" are prevalent, particularly regarding the effectiveness of Scaling Law and the sustainability of ROI [2][3]. Key Companies and Dynamics - The report recommends several companies within the AI computing chain, including: - ZTE Corporation (Buy, target price: 64.34) [41] - NewEase (Buy, target price: 476.71) [41] - Ruijie Networks (Buy, target price: 102.51) [41] - Zhongji Xuchuang (Buy, target price: 626.68) [41] - China Telecom (Buy, target price: 9.11) [41] - Haige Communication (Buy, target price: 13.70) [41] - China Mobile (Buy, target price: 126.20) [41] - Shanghai Hantong (Buy, target price: 28.28) [41] - China Unicom (Hold, target price: 7.56) [41] AI Computing Chain Insights - The report notes that the performance of Gemini 3 and Nano Banana Pro has significantly advanced the capabilities in reasoning and multimodal tasks, indicating a strong integration into the AI ecosystem [20][14]. - The demand for AI computing resources is expected to grow, driven by the increasing need for reasoning capabilities and the expansion of cloud token scales [20][14]. Financial Performance - ZTE Corporation reported a revenue of 100.52 billion yuan for the first nine months of 2025, a year-on-year increase of 12%, but a net profit decline of 33% [42]. - NewEase's revenue for the first three quarters of 2025 reached 16.5 billion yuan, a year-on-year increase of 222%, with a net profit increase of 284% [44]. - Ruijie Networks reported a revenue of 10.68 billion yuan for the first nine months of 2025, a year-on-year increase of 28%, with a net profit increase of 65% [46].

11月24日消息，截止14:20，短报文概念板块走强，久之洋、雷科防务涨停，电科芯片、振芯科技、华 力创通、海格通信、中国卫星、合众思壮等个股涨幅居前。 责任编辑：小浪快报 ...

Investment Rating - The report maintains a "Positive" investment rating for the defense and military industry [5] Core Viewpoints - The uncertainty in the Asia-Pacific situation is increasing, which may accelerate the equipment construction in China, focusing on new combat capabilities [2][12] - China's high-end aviation equipment showcased at the Dubai Airshow is expected to further expand the military trade market [12][15] - The Fujian aircraft carrier has conducted its first live training at sea, indicating a significant advancement in operational capabilities and technology [12][18] - The report emphasizes the importance of domestic demand for new combat capabilities and military trade as key growth areas [19] Summary by Sections Investment Suggestions and Targets - The report highlights various investment targets across different segments, including: - Engine and fuel chain: Companies like Xi'an Aero Engine (600893), Western Superconducting (688122), and others [19][20] - New quality and domains: Companies such as Aerospace Electronics (600879), Haige Communication (002465), and others [19][20] - Military electronics: Companies like Aerospace Electric (002025), Zhonghang Optical (002179), and others [19][20] - Military trade and main equipment: Companies such as AVIC Shenyang Aircraft (600760), AVIC Chengfei (302132), and others [19][20] Industry News and Market Performance - The report notes that the defense and military industry index has outperformed the broader market, with a decline of only -1.72% compared to the Shanghai Composite Index's -3.90% [22][25] - The report provides a detailed analysis of weekly market performance, indicating that the defense and military sector remains resilient amid broader market declines [22][25] Key Events and Developments - The report outlines significant recent events, including: - The U.S. government approved a new round of arms sales to Japan, which may heighten regional tensions and prompt China to expedite its military equipment development [12][9] - The successful live training of the Fujian aircraft carrier, showcasing advanced operational capabilities [12][18] - The participation of Chinese high-end military equipment in international exhibitions, enhancing China's presence in the global military trade market [12][15]

Group 1 - The core viewpoint of the news is that Haige Communication's stock has increased by 5.04%, reaching a price of 11.89 yuan per share, with a trading volume of 440 million yuan and a turnover rate of 1.52%, resulting in a total market capitalization of 29.509 billion yuan [1] - Haige Communication, established on July 20, 2000, and listed on August 31, 2010, is primarily engaged in the research, production, and sales of military communication and navigation equipment [1] - The company's main business revenue composition is as follows: smart ecology 48.53%, wireless communication 30.93%, Beidou navigation 12.57%, aerospace 6.28%, and others 1.69% [1] Group 2 - From the perspective of Haige Communication's top ten circulating shareholders, Guotai Fund's Guotai Zhongzheng Military Industry ETF (512660) reduced its holdings by 3.7288 million shares in the third quarter, now holding 19.3117 million shares, which accounts for 0.78% of the circulating shares [2] - The Guotai Zhongzheng Military Industry ETF (512660) was established on July 26, 2016, with a latest scale of 14.109 billion yuan, achieving a year-to-date return of 9.68% and a one-year return of 4.53% [2] - The fund manager of Guotai Zhongzheng Military Industry ETF is Ai Xiaojun, who has a cumulative tenure of 11 years and 319 days, with the fund's total asset scale at 169.029 billion yuan [3]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 海科技 + 军用AI "等诸多热门主题。 数据来源于沪深交易所、公开资料等。 | 代码 | 名称 | 现价 | 涨跌幅 | 主力净流入额 ▼ | | --- | --- | --- | --- | --- | | 801740 | 国防军工(申万) | 1685.19 | 2.58% | 52.50 Z | | 801770 | 通信(申万) | 4568.30 | 1.15% | 36.85 Z | | 801720 | 建筑装饰(申万) | 2084.01 | 0.85% | 16.93亿 | 成份股方面，中船防务涨停，股价再创四年新高，中国海防逼近涨停，航天科技、航天智装、海格通信 等大幅跟涨。 国新证券指出，在全球冲突多发和地缘局势并不平静的背景下，国防安全重要性提升，行业估值有望获 得支撑。 基本面也有支撑。据中信建投跟踪分析，2025年三季报，板块共实现营业收入6003.75亿元，同比回升 16.99%；归母净利润Q1业绩筑底，Q2景气度逐步改善，三季报共实现298.22亿元，同比回升14.01%。 板块核心标的在第三季度迎 ...

今日，受重磅消息提振，商业航天、卫星互联网、卫星导航等板块领涨市场。卫星ETF（159206）高开涨超2%。截至10：00，成分股光库科技涨超9%，航 天智装、乾照光电、华曙高科、中国卫星、臻镭科技等个股跟涨。 | | | Wind热门概念指数 | | | | --- | --- | --- | --- | --- | | 中船系 | 商业航天 | 水产 | 培育钻石 卫星互联网 | | | 4.72% | 2.56% | 2.60% | 2.45% | 2.40% | | 军工信息化 | 航母 | 十大军工集 | 卫星导航 | 光刻机 | | 2.34% | 2.24% | 2.20% | 2.10% | 1.89% | 注：卫星ETF（159206）成立日期为2025/3/6，早于同类产品，卫星ETF同类指追踪国证商用卫星通信产业指数的所有ETF基金。 基金有风险，投资需谨慎。本文所包含的分析基于各种假设，不同假设可能导致分析结果出现重大不同。在任何情况下，本文中的信息或所表述的意见并不 构成对任何人的投资建议。 以上内容与数据，与有连云立场无关，不构成投资建议。据此操作，风险自担。 | 序号 | 代码 ...