沪指6连阳！商业航天、算力两大板块走强

Market Performance - The A-share market experienced an upward trend, with the Shanghai Composite Index rising by 0.53%, marking six consecutive days of gains; the Shenzhen Component Index increased by 0.88%; and the ChiNext Index rose by 0.77% [1] Commercial Aerospace Sector - The commercial aerospace sector showed the strongest performance, driving significant gains in related industries such as military electronics, satellite navigation, and aviation engines [3] - The 2025 Third Commercial Aerospace Development Conference and the Fourth Zhongguancun Commercial Aerospace Conference will be held on December 24 in Beijing, focusing on creating a new ecosystem for aerospace and exploring new industrial models [3] - According to Zhongtai Securities, the commercial aerospace industry is entering a new phase of rapid development, with over 600 companies in China and a total of 25 launch sites (18 operational and 7 under construction) [3] - CITIC Securities noted that with the mass launch phases of China Star Network and G60 Qianfan Constellation, along with the operationalization of the Hainan commercial aerospace launch site, the industry is set to enter a new era characterized by high capacity and low costs, opening up a trillion-level market opportunity [3] Computing Power Industry - The computing power industry chain continues to strengthen, with sectors such as PCB, optical modules, liquid cooling, and power equipment seeing increases [4] - Leading stocks like Zhongji Xuchuang reached a historical high, with a market capitalization surpassing 700 billion, reaching 704.9 billion [4] - According to Industrial Securities, by 2026, the overseas computing power chain is expected to enter a new phase of "in-flight refueling," with sustained high growth in capital expenditure from North American cloud vendors and a positive feedback loop in cloud revenue [4] Other Sectors - Additionally, sectors such as new energy, consumer electronics, and semiconductors also experienced gains [5]