Zhong Guo Zheng Quan Bao·2026-02-24 05:39Market Performance - The three major A-share indices all rose today, with the Shanghai Composite Index increasing by 1.17%, the Shenzhen Component Index by 1.82%, and the ChiNext Index by 1.76% [1] - The strong performance was driven by cyclical stocks, particularly in the oil and gas extraction, non-ferrous metals, and chemical sectors [3] Sector Highlights - The oil and gas extraction and services sector saw significant gains, with a notable increase of 10.29% [3] - Key stocks in this sector included: - Keli Co., Ltd. (涨幅 23.75%, 市值 17 billion) - Tongyuan Petroleum (涨幅 20.04%, 市值 74.8 billion) - Zhongyou Engineering (涨幅 10.13%, 市值 237 billion) [3] - The optical fiber sector also performed strongly, with Changfei Optical Fiber hitting a historical high and a market value of 194.3 billion [4][6] Price Trends - The price of G.652.D single-mode optical fiber reached a near seven-year high of over 35 yuan per core kilometer, driven by increased demand from global AI data centers and supply constraints [6] - The MLCC (Multi-layer Ceramic Capacitor) sector experienced a price increase of nearly 20% in the Korean market, attributed to surging demand from AI servers, which require three times more MLCCs than standard servers [7] Infrastructure and Technology - The power infrastructure sector, including ultra-high voltage and flexible DC transmission, saw significant gains, supported by government initiatives to establish a unified national electricity market by 2030 [10][11] - The expected capital expenditure from major cloud service providers like Amazon, Google, Meta, and Microsoft is projected to reach approximately 598.7 billion, indicating strong demand for AI computing power [8]