(原标题：新易盛、中际旭创成交额超100亿元) 人民财讯9月11日电，开盘半小时，新易盛、中际旭创成交额超100亿元。 相关ETF 食品饮料ETF (产品代码: 515170) ★ 跟踪：中证细分食品饮料产业主题指数 近五日涨跌: 2.01% 市盈率： 21.44倍 资金流向: 最新份额为79.5亿份, 增加 了2.2亿份，主力资金净流 入135.0万元。 (产品代码：159869) ★ 跟踪：中证动漫游戏指数 近五日涨跌:6.16% 市盈率: 43.97倍 资金流向: 最新份额为52.0亿份,增加 了6800.0万份,主力资金净 流入5294.0万元。 估值分位: 65.03% 估值分位:23.92% 游戏ETF ★ 跟踪： 中证云计算与大数据主题指数 近五日涨跌: -4.42% 市盈率：112.48倍 科创半导体ETF (产品代码: 588170) ★ 跟踪：上证科创板半导体材料设备主题指数 近五日涨跌: -5.12% 资金流向: 最新份额为5.1亿份，增加 了4000.0万份,主力资金净 流出1395.1万元。 云计算50ETF (产品代码：516630) 资金流向: 最新份额为3.8亿份, 增加 了0 ...

中际旭创成交额超100亿元，现涨逾8%。 ...

（文章来源：每日经济新闻） 每经AI快讯，9月11日，CPO、PCB等算力硬件股持续走高，四会富仕涨停，景旺电子、青山纸业此前 涨停，中际旭创、新易盛、生益电子涨幅居前。 ...

Market Overview - The A-share market opened with mixed performance among the three major indices, with the Shanghai Composite Index down by 0.16%, the Shenzhen Component Index up by 0.11%, and the ChiNext Index up by 0.46% [1] Sector Performance - The computing power hardware sector, including CPO and liquid-cooled servers, showed significant activity, with companies like Qingshan Paper (600103) achieving five consecutive trading limits in eight days, and Dongshan Precision (002384) and Zhongji Xuchuang (300308) rising over 4% [1] - OpenAI and Oracle signed a substantial computing power deal worth $300 billion, indicating strong demand in the sector [1] Pharmaceutical Sector - The pharmaceutical sector opened lower, with companies such as XinNuoWei (300765) and Tigermed (300347) experiencing declines of over 10% [1] Film and Entertainment Sector - The film and cinema sector also opened lower, with companies like Happiness Blue Sea (300528) and Huanrui Century (000892) dropping over 10% and 4% respectively [1]

昨日A股 9月10日，市场震荡拉升，三大指数盘中出现冲高回落后再反弹。截至收盘，沪指涨0.13%，深成指涨 0.38%，创业板指涨1.27%。沪深两市成交额1.98万亿，较上一个交易日缩量1404亿。 盘面上，市场热点快速轮动，全市场上涨个股和下跌个股数量基本相当。板块方面，油气、影视院线、 算力硬件等板块涨幅居前，电池、有色金属、风电等板块跌幅居前。 | 名称 | 最新点位 | 涨跌幅 | | --- | --- | --- | | 上证指数 | 3812.22 | +4.93(0.13%) | | 深证指数 | 12557.68 | +47.08(0.38%) | | 创业板指 | 2904.27 | +36.3(1.27%) | | | 日期:9月10日 制图:21投资通 | | 隔夜外盘 美股三大指数9月10日涨跌不一。纳斯达克指数、标普500指数续创新高。截至收盘，标普500指数涨 0.3%，道琼斯指数跌0.48%，纳斯达克指数涨0.03%。甲骨文大涨超36%，该公司预计2026财年云基础 设施营收将增长77%至180亿美元。大型科技股多数下跌，亚马逊、苹果跌超3%，Meta、奈飞跌超 1%，英伟达 ...

Core Viewpoint - The article discusses the recent adjustments in the technology sector, particularly in AI-related investments, highlighting a shift in focus from computing power to AI applications as market conditions evolve [1][2][7]. Group 1: Market Adjustments - Significant adjustments have been observed in the technology sector, particularly in high market-cap growth stocks, leading to a degree of divergence among funds [2][7]. - The recent market correction is seen as a healthy cooling-off period after several months of rising valuations, allowing for the digestion of valuation bubbles [2][7]. Group 2: Fund Performance and Adjustments - Some actively managed equity funds have begun to increase their focus on AI applications, including areas like smart driving, AI hardware, and humanoid robots [1][8]. - Notable funds, such as Yongying Technology and Dongwu Mobile Internet, have shown concentrated holdings in specific stocks, with significant fluctuations in net asset values (NAV) during recent market movements [3][4]. - Funds that did not heavily invest in technology stocks have experienced increased volatility in their NAVs, indicating a potential shift in investment strategies [5][6]. Group 3: Future Investment Opportunities - Analysts suggest that AI applications are expected to gradually materialize, presenting substantial growth potential and investment opportunities [8]. - Investment strategies are shifting towards AI applications, with a focus on sectors like smart driving and advanced semiconductor processes, as companies' profitability models become clearer [8][7].

Group 1 - The technology sector has experienced significant volatility recently, leading to a divergence in the performance of actively managed equity funds heavily invested in this sector [1] - Funds focused on computing power and related technology have seen a notable reduction in net value fluctuations, while those not heavily invested in technology have experienced increased volatility [1][4] - Fund managers are adjusting their portfolios, with a growing focus on AI applications, including smart driving, AI hardware, humanoid robots, and internet companies embracing AI [1][7] Group 2 - On September 4, the AI hardware sector, represented by companies like New Yisheng and Zhongji Xuchuang, saw significant declines, with some stocks dropping over 13% [2] - The Yongying Technology Select fund, which had a high concentration in these stocks, saw its top ten holdings average a decline of over 11% [2] - Despite the downturn, the fund's A share unit net value did not drop more than 6%, indicating a potential strategic adjustment by the fund manager [2][3] Group 3 - Other funds, such as the Nordex New Trend fund, which did not heavily invest in technology stocks, experienced amplified net value fluctuations during the market correction [4] - The fund's A share unit net value saw a significant drop of over 11% despite only a 6% estimated decline, highlighting discrepancies in performance [4][5] - The Qianhai Kaiyuan Cycle Select fund also exhibited similar patterns, with a net value drop exceeding 10% against a lower estimated decline [5] Group 4 - The current market environment is characterized by a high level of interest in AI applications, with expectations for growth in this sector [6][7] - Fund managers are increasingly focusing on AI applications as a key investment opportunity, with a particular interest in sectors like smart driving and advanced semiconductor processes [7] - The AI industry is seen as being at a high emotional trading point, with both domestic and overseas developments being crucial for future growth [7]

Group 1 - The recent volatility in the large technology sector has led to a divergence in the performance of actively managed equity funds, particularly those heavily invested in specific technology segments like computing power [1][2] - Funds with significant holdings in computing power stocks have seen a noticeable reduction in net value fluctuations, while those without such exposure have experienced increased volatility, indicating substantial portfolio adjustments by fund managers [1][2] - The adjustment in the technology sector is attributed to a degree of divergence among high market capitalization growth stocks, suggesting a market correction after several months of rising valuations [1][6] Group 2 - On September 4, stocks in the AI hardware sector, represented by companies like New Yisheng and Zhongji Xuchuang, experienced significant declines, with some falling over 13% [2] - Funds such as Yongying Technology Select, which had high concentration in these stocks, reported an average decline of over 11% in their top ten holdings, yet their net value did not drop more than 6% on the same day [2][3] - The divergence between estimated and actual net value changes serves as an important reference for observing fund rebalancing activities [3] Group 3 - Some funds that did not heavily invest in technology stocks have seen their net value fluctuations increase significantly during recent market adjustments [4] - For instance, the Nordex New Trend fund, while still focused on the AI sector, had a portfolio that included several Hong Kong tech stocks, and its net value experienced a significant drop despite some holdings rising [4] - The performance of funds like Jiahe Jincheng Value Select also reflected this trend, with their net value declining more than expected despite their holdings performing relatively well [5] Group 4 - The current fluctuations in AI hardware stocks have prompted a shift in focus towards AI applications, with fund managers increasingly interested in sectors such as smart driving, AI hardware, humanoid robots, and internet companies embracing AI [1][6] - The AI industry is seen as being at a high emotional trading point, with both domestic and overseas AI supply chains developing simultaneously, presenting investment opportunities in AI applications and advanced semiconductor processes [6]

09 Sep 2025 18:56:12 ET │ 25 pages A c t i o n | China Networking Sector Thoughts Over Debate: Story Has Just Begun; Buy Innolight/Eoptolink CITI'S TAKE We maintain a constructive view on sector supported by 1) optimistic outlook for ASIC growth from Broadcom, 2) positive Meta/OpenAI's L-T capex outlook, Oracle's significant datacenter build-out plan/strong RPO contract backlog, which all point toward better demand visibility beyond 2026, and 3) scale-up/OCS TAM for optics, and we expect potential LPO adopt ...

图片来源：视觉中国 资本市场从不缺少故事，而以光模块CPO为代表的AI算力板块无疑是今年最动听的章节之一。自今年4 月以来，A股市场阶段性探底后开启小步上涨趋势，大盘屡创新高，光模块CPO概念股更是强势领涨， 可谓年内最强主线。 Wind数据显示，光模块CPO指数年内涨幅已超100%，这个数据"快递员"已成为资本市场最耀眼的明 星。但近期情况发生了变化。上周五光模块CPO开始大幅回调，天孚通信、新易盛、中际旭创等龙头股 纷纷暴跌，本周初继续下行，周三虽有所反弹，但市场分歧明显加大。 作为数字世界的关键基础设施，光模块被广泛用于数据中心、电信网络、5G基站等场景，其功能是将 电信号转为光信号，通过光纤在服务器间传输数据，传输的速度就决定了服务器之间的协作效率。AI 训练所需的800G光模块（每秒传输800亿字节）速度是普通低阶光模块的几倍，更先进的CPO（Co- Packaged Optics，共封装光学）技术则相当于给AI服务器装上"超级高速网线"，目前主要适用于对功耗 和密度极度敏感的短距高速互连场景（如大型AI算力集群内部）。 正是这个看似不起眼的组件，成为AI算力爆发中的关键一环，推动了光模块CPO这波 ...