商业航天牛股澄清“利好”，一字跌停

Market Overview - The A-share market showed overall strength in the morning session, with AI hardware and power grid equipment sectors leading the gains, driving the performance of the ChiNext and Sci-Tech Innovation Board indices [1] - As of the midday break, the Shanghai Composite Index was at 4137.06 points, up 0.12%; the Shenzhen Component Index rose by 0.81%; the ChiNext Index increased by 1.18%; and the Sci-Tech Innovation Index was up by 0.93% [1] Sector Performance - The AI hardware sector experienced significant growth, with companies like Tianfu Communication reaching a historical high, increasing over 13% during the session, bringing its market capitalization to 250.3 billion yuan [3] - The liquid cooling server concept saw a surge, with stocks such as Chuanrun Co., Ningbo Jingda, Bojie Co., and Dayuan Pump Industry hitting the daily limit [5] Notable Stocks - Tianfu Communication (CPO leader) achieved a new historical high, with a market value of 250.3 billion yuan [3] - The top gainers included Youkede-W (+20.01%), Fangsheng Co. (+17.19%), and Shenling Environment (+16.48%) [7] Company News - Vertiv, a liquid cooling supplier for NVIDIA, reported strong earnings, with Q4 2025 EPS at $1.36, exceeding expectations, and a 252% year-over-year increase in order volume [8] - Following this, Vertiv's stock jumped 24.49% to reach a historical high [8] Industry Insights - Amazon raised its 2026 capital expenditure forecast to $200 billion, a more than 50% increase from $131 billion in 2025, while Alphabet projected its capital expenditure to be nearly double that of 2025 [11] - Analysts suggest that the outlook for capital expenditures from major tech companies like Amazon, Google, and Meta is expected to benefit the AI core computing hardware sector, recommending a focus on NVIDIA and related industries [11] Company Specific Issues - Juyi Suoju (002342) faced a "limit down" situation, with over 1.35 million shares on the sell limit, corresponding to over 2.3 billion yuan in sell orders, following false media reports about its involvement in commercial aerospace [12][15] - The company clarified that it had not made any statements regarding the claims of being a leader in commercial aerospace and reported minimal revenue from this sector [15][16]