Market Overview - The market experienced a rebound with the Shenzhen Component Index rising over 1% and the ChiNext Index increasing over 3% [1] - As of the close, the Shanghai Composite Index rose by 0.62%, the Shenzhen Component Index increased by 1.55%, and the ChiNext Index gained 3.02% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 1.29 trillion yuan, an increase of 297.1 billion yuan compared to the previous trading day [1] Index Performance - Shanghai Composite Index: 3927.19, up 0.62% with 1388 gainers and 853 decliners [2] - Shenzhen Component Index: 13351.47, up 1.55% with 1947 gainers and 846 decliners [2] - ChiNext Index: 3203.06, up 3.02% with 1089 gainers and 264 decliners [2] - North 50 Index: 1428.30, up 1.42% with 251 gainers and 29 decliners [2] Sector Performance - The computing hardware sector saw significant gains, with Tianfu Communication hitting a daily limit up and reaching a new high, while Zhongji Xuchuang rose over 8% to a new high [2][3] - The commercial aerospace sector continued its strong performance, with Shunhao Co. achieving six consecutive daily limits, and over ten stocks including Longzhou Co. and Aerospace Power hitting daily limits [2] - The coal sector showed weakness, with companies like Antai Group and Shaanxi Black Cat experiencing declines [3] Market Sentiment - 89.58% of users are bullish on the market [4] - A total of 3550 stocks rose, while 1695 stocks fell, with 61 stocks hitting daily limits and 7 stocks hitting limit downs [5] Trading Activity - The market's limit-up rate was 77%, with a high opening rate of 86% and a profit rate of 81% [7] - The predicted trading volume for the day is 2.02 trillion yuan, an increase of 296.3 billion yuan [7]

A股三大指数早盘集体上涨，沪指涨0.62%报3927.19点，深证成指涨1.55%，创业板指涨3.02%，北证50 涨1.42%。全市场成交额1.3万亿元，较上日成交额放量2995亿元，全市场超3500只个股上涨。盘面上， CPO板块现涨停潮，铜缆高速连接、能源金属、商业航天板块涨幅居前，煤炭、黄金及油气板块走低。 ...

Group 1 - The core viewpoint of the news highlights a significant surge in the optical module CPO industry chain, with the AI index on the ChiNext board rising by 4.94% and key stocks like Tianfu Communication and Guangku Technology experiencing substantial gains [1][2] - The ChiNext AI ETF, Huaxia (159381), has seen a rapid increase in investment, attracting over 100 million yuan in the last five days, reaching a new high of over 1.1 billion yuan in total assets [1] - The AWS re:Invent cloud computing conference showcased advancements in AI training chips, including the introduction of Trainium 4, which supports NVLink Fusion technology for enhanced performance with NVIDIA GPUs [1] Group 2 - Guosen Securities indicates an accelerated global AI arms race in cloud service providers (CSP), benefiting the computing power infrastructure, and recommends focusing on optical devices, optical modules, communication equipment, liquid cooling, and edge computing [2] - As of November 28, 2025, the top ten weighted stocks in the ChiNext AI index account for 64.98% of the index, with notable companies including Zhongji Xuchuang and Xinyi Sheng [2] - The ChiNext AI ETF, Huaxia, has associated products for investors, including the Huaxia ChiNext AI ETF Initiated Link A and C [2]

他指出，这是认知升维的关键时期。 "我常常问自己：是否真正理解了正在发生的变革？是否敢于定义并笃信一个我不了解的未来？我们不 能再仅仅是企业的管理者，更要成为创新范式的定义者。认知的高度，决定企业能走多远；格局的广 度，决定产业能长多大。我们的视野，必须超越财务报表和自家围墙，投向更广阔的产业公地和技术前 沿。"他说。 专题：2025《中国企业家》影响力企业家年会 魏桥创业集团董事长张波在2025（第二十三届）影响力企业家年会表示：常常有人问他，这几年步子 是不是迈得太大了？ "我觉得没有。在这个过程中，我们秉持的其实是"渐进式转型"。转型不能急于求成，要"细雨润无 声"，让企业在适合自身的发展节奏中，悄然发生深层次的新变化。如果一味求快、武断推进，容易让 变革失去根基。"他说。 正是这种渐进式的调整，让新员工融入时不觉得自己是"另类"，老员工也能逐步理解并接纳新变化，最 终让全体员工都欣然加入到转型大潮中。 谈到AI时，张波表示，他始终认为，AI是强大的工具，但替代不了定义方向、创造价值的人。如今， 我们更要关注的不是技术是否会替代人，而是人如何借技术实现更高层次突破。这点对于企业家尤为重 要，无论我们身处 ...

Group 1 - The core viewpoint of the news highlights a strong surge in the optical module sector, with companies like Tianfu Communication and Zhongji Xuchuang reaching historical highs in stock prices due to increased demand driven by AI computing power [1][4][6] - The AI computing power demand is accelerating the global optical module industry towards upgrades to 800G/1.6T, with optical isolators becoming a critical component due to a global supply shortage of Faraday rotators [1][4][6] - The first AI-focused ETF on the ChiNext market, which has over 56% exposure to optical modules, has also seen significant gains, reflecting the overall positive sentiment in the sector [1][2][4] Group 2 - Longcheng Securities emphasizes that the continuous implementation of AI applications will drive the rapid construction of computing infrastructure, creating investment opportunities in the optical module, PCB, and copper cable sectors [2][6] - The report suggests focusing on the first ChiNext AI ETF (159363) and its related funds, which are heavily invested in the optical module sector, indicating a strategic approach to capture AI-related market trends [2][6] - The optical module industry is expected to experience a "Davis double" effect, where both performance and valuation are anticipated to improve due to rapid demand release [2][6]

专题：2025《中国企业家》影响力企业家年会 谈到AI时，张波表示，他始终认为，AI是强大的工具，但替代不了定义方向、创造价值的人。如今， 我们更要关注的不是技术是否会替代人，而是人如何借技术实现更高层次突破。这点对于企业家尤为重 要，无论我们身处哪个领域、企业规模大小，企业家精神都需要在AI时代经历一次深刻的升华。 他指出，这是认知升维的关键时期。 "我常常问自己：是否真正理解了正在发生的变革？是否敢于定义并笃信一个我不了解的未来？我们不 能再仅仅是企业的管理者，更要成为创新范式的定义者。认知的高度，决定企业能走多远；格局的广 度，决定产业能长多大。我们的视野，必须超越财务报表和自家围墙，投向更广阔的产业公地和技术前 沿。"他说。 魏桥创业集团董事长张波在2025（第二十三届）影响力企业家年会表示：常常有人问他，这几年步子 是不是迈得太大了？ "我觉得没有。在这个过程中，我们秉持的其实是"渐进式转型"。转型不能急于求成，要"细雨润无 声"，让企业在适合自身的发展节奏中，悄然发生深层次的新变化。如果一味求快、武断推进，容易让 变革失去根基。"他说。 正是这种渐进式的调整，让新员工融入时不觉得自己是"另类"，老 ...

12月8日周一，A股AI科技板块强势拉升，光模块CPO、光通信、光电路交换机、光芯片等概念领涨市 场，天孚通信涨超17%，太辰光、联特科技、中际旭创、光库科技、新易盛等跟涨。受权重板块带动， 截至10：22，创业板人工智能ETF华夏（159381）涨超5%，5G通信ETF（515050）涨超4%。 值得注意的是，资金加速流入高景气板块，近20日，同类费率最低的创业板人工智能ETF华夏 （159381）累计吸金超2.28亿元。该ETF跟踪指数"创业板人工智能指数"，光模块CPO权重占比56.7%， 同时覆盖国产软件+AI应用企业，具备较高弹性。其中前三大权重股为中际旭创（26.62%）、新易盛 （19.35%）、天孚通信（5.05%）。场内综合费率仅0.20%，位居同类最低。场外联接（A类：025505； C类：025506）。 算力产业链正处于高景气周期，爆发式增长的算力需求正面临光模块产业链的供给瓶颈。国盛证券表 示，光模块新一轮产能集中释放，业绩打开增长空间。预计2026年一季度将迎来产能集中释放，业绩持 续爬坡的关键窗口。从业绩爬坡节奏看，光模块行业将经历从"产能释放"到"业绩兑现"的渐进过程。初 期可 ...

| 代码 | 名称 | 现价 | | 涨跌 涨跌幅 | | --- | --- | --- | --- | --- | | 159279 | 创业板人工智能ETF华安 | 1.065 | 0.033 | 3.20% | | 159382 | 创业板人工智能ETF南方 | 1.999 | 0.058 | 2.99% | | 159242 | 创业板人工智能ETF大成 | 1.574 | 0.046 | 3.01% | | 159363 | 创业板人工智能ETF华宇 | 0.933 | 0.027 | 2.98% | | 159381 | 创业板人工智能ETF华夏 | 1.758 | 0.048 | 2.81% | | 159388 | 创业板人工智能ETF国泰 | 1.904 | 0.053 | 2.86% | | 159246 | 创业板人工智能ETF富国 | 1.760 | 0.048 | 2.80% | 受盘面影响，创业板人工智能相关ETF涨约3%。 每日经济新闻 人工智能概念股走强，天孚通信涨超13%，中际旭创涨超5%，长芯博创涨超4%。 有券商表示，近期美股AI相关板块整体小幅回落，主要受高估值压力与 ...

12月8日，A股三大股指集体高开，其中沪指涨0.16%报3909.23点，深成指涨0.24%报13178.96点，创业板指涨0.32%报 3119.15点，科创50指数跌0.01%报1325.97点。超导概念高开，西部材料涨停，宝胜股份、东方钽业、辰光医疗跟涨；商业航天 概念延续强势，顺灏股份7天6板，西部材料2连板，航天科技、广联航空、天箭科技、超捷股份等多股涨超6%。 盘面上，市场焦点股海王生物（8天7板）高开6.62%，商业航天概念股航天发展（16天10板）高开6.51%、顺灏股份（6天5 板）竞价涨停、航天机电（6天4板）高开2.56%，福建本地股海欣食品（8天7板）高开3.66%、实达集团（12天7板）高开 0.66%、太阳电缆（4板）高开6.08%，光刻胶概念股国风新材（13天7板）高开3.94%，机器人概念股骏亚科技（3板）高开 0.30%、龙洲股份（3板）竞价涨停，有色金属板块梅雁吉祥（8天4板）高开3.67%。 公司新闻 沐曦股份：回拨机制启动后，网下最终发行数量为2282.9081万股，占扣除最终战略配售部分后本次发行数量的70.26%， 网上最终发行数量为966.55万股，占扣除最终战略 ...

创业板指涨超1%。A股券商股再度拉升，兴业证券直线涨停，东北证券涨超7%，中银证券、华泰证 券、国泰海通、中信证券、广发证券等跟涨。证监会主席吴清12月6日在出席中国证券业协会第八次会 员大会发言时表示，监管层面将强化分类监管，对优质机构优化评价指标、适度拓宽资本空间与杠杆上 限，提升资本利用效率。 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资，责任自负。 风险提示及免责条款 ...