当天上午9点04分，富时中国A50指数期货在夜盘收涨0.3%的基础上低开，但很快转为上涨0.26%。这看起来是一个平静的开局。然而，开盘后不到一个小 时，情况急转直下。到了上午10点10分左右，A50期指盘中跌幅已经超过1%。从上涨0.52%到下跌1.13%，它在短时间内完成了一次幅度接近1.8%的跳水。 而且，这次跳水发生的时间点非常精准，几乎与港股市场开盘后的走势同步。 更让人困惑的是，即使后来A股大盘一度翻红，A50期指依然没有拉回来。盘中大多数时间，它都在下跌0.90%左右震荡。从更长的周期来看，这个代表中 国核心资产的期指已经持续下跌了近两个月。据市场数据显示，其价格从15670点附近一路下滑至14664点，累计跌幅达到6.5%。这种持续的阴跌，让很多 通过它来观察A股前景的投资者感到不安。 几乎在同一时间，香港股市上演了更加惨烈的一幕。恒生指数在上午开盘时还上涨了1.05%，国企指数上涨0.53%，恒生科技指数上涨0.52%。但这仅仅是昙 花一现。开盘价成了全天的最高点，随后指数一路向下，几乎没有任何像样的反弹。收盘时，恒生指数报26381.02点，下跌384.7点，跌幅1.44%；国企指数 下跌 ...

马年春节后，A股连阳两天，第三个交易日略有调整，窄幅震荡分化，但成交活跃度不错，杠杆资金热度较年前回暖。 2月26日，A股赚钱效应一般，结构性特征明显：2485只个股收涨，通信、电子、军工等科技股亮眼；电源设备下跌，有色、煤炭回调，但钢铁、化工仍 受青睐；大消费、传媒持续弱势。 受访人士告诉记者，A股当天行情主要是获利盘兑现与政策预期博弈共振的结果。行业轮动加速印证存量博弈特征，资金抢先布局通信、电子等科技主 线；地产消费走低暴露内需分歧，科技成长正从主题炒作转向业绩验证。预计3月底至4初中美关系观察窗口期，市场可能演绎震荡市中的反弹波段，而科 技新方向将是最佳机会。 两融余额增至2.65万亿元 早盘指数低开，全天窄幅震荡。截至收盘，沪指微跌0.01%报4146.63点，创业板指收跌0.29%报3344.98点，深证成指收红0.19%。沪深300、上证50、北证 50微跌，科创50收涨0.85%。 交易量能连续三个交易日放大，今日三市日成交额增加756亿元，达2.56万亿元。杠杆资金热度回暖，截至2月25日，沪深京两融余额增至2.65万亿元。 市场赚钱效应不强，个股涨跌互现。2485只个股收涨，涨停股78只； ...

沪士电子股份有限公司关于股票交易异常波动的公告 沪士电子股份有限公司（下称"公司"）（证券简称：沪电股份，证券代码： 002463）的股票连续3个交易日内（2026年2月24日、2026年2月25日、2026年2 月26日）日收盘价格涨幅偏离值累计超过20%。根据《深圳证券交易所交易规则》 的相关规定，属于股票交易异常波动情况。 二、说明关注、核实情况 针对公司股票交易异常波动，经公司自查，并以通讯方式就相关情况向公司 控股股东及其一致行动人、实际控制人征询核实，现将有关情况说明如下： 1、公司前期披露的信息不存在需要更正、补充之处； 2、公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较 大影响的未公开重大信息； 证券代码：002463 证券简称：沪电股份 公告编号：2026-019 沪士电子股份有限公司 关于股票交易异常波动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、股票交易异常波动 沪士电子股份有限公司关于股票交易异常波动的公告 三、是否存在应披露而未披露信息的说明 3、公司近期内外部经营环境未发生重大变化，经营情况正常； 4 ...

Group 1: Company Performance - BeiGene reported a total revenue of 38.205 billion yuan for 2025, a year-on-year increase of 40.4%, with a net profit of 1.422 billion yuan, marking a return to profitability [1] - Chipone Technology achieved a revenue of 3.152 billion yuan in 2025, up 35.77% year-on-year, with a narrowed net loss of 528 million yuan compared to a loss of 601 million yuan in the previous year [2] - Purans reported a total revenue of 2.32 billion yuan for 2025, a year-on-year increase of 28.62%, with a net profit of 208 million yuan, down 28.79% year-on-year [4] - Zhenray Technology saw a net profit increase of 582.01% in 2025 [11] - Jinlongyu reported a net profit increase of 26.01% in 2025 [12] Group 2: Product and Market Insights - BeiGene's product revenue reached 37.77 billion yuan, driven by sales growth of its products including Brukinsa and Tislelizumab [1] - Chipone Technology's mass production business revenue is expected to grow by 73.98%, with AI-related orders accounting for over 73% of new orders [2] - Purans' revenue growth was attributed to favorable changes in the storage chip market and increased demand for its products [4] Group 3: Strategic Developments - Huadian Electric is planning to sell its subsidiary Huangshi Supply Chain Management Co., Ltd. to focus on its core business [3] - Chipone Technology signed new orders worth 5.96 billion yuan, a 103.41% increase year-on-year [2] - Feilihua is in the testing phase for its ultra-thin quartz electronic cloth, which is expected to contribute about 5% to its overall revenue in 2025 [5]

证券日报网讯 2月26日，沪电股份发布公告称，公司股票连续3个交易日内（2026年2月24日、2026年2 月25日、2026年2月26日）日收盘价格涨幅偏离值累计超过20%。根据《深圳证券交易所交易规则》的 相关规定，属于股票交易异常波动情况。本公司董事会确认，除上述处于筹划阶段的重大事项外，本公 司目前没有任何根据《深圳证券交易所股票上市规则》等有关规定应予以披露而未披露的事项或与该事 项有关的筹划、商谈、意向、协议等；董事会也未获悉本公司有根据《深圳证券交易所股票上市规则》 等有关规定应予以披露而未披露的、对本公司股票及其衍生品种交易价格产生较大影响的信息；公司前 期披露的信息不存在需要更正、补充之处。 （编辑 丛可心） ...

今日聚焦 1、中微半导：初步确定的本次询价转让价格为43.35元/股 中微半导2月26日公告，根据2026年2月26日询价申购情况，初步确定的本次询价转让价格为43.35元/ 股。参与报价及申购的机构投资者家数为36家，合计有效认购股份数量为1498.6万股，对应的有效认购 倍数为1.87倍。本次询价转让拟转让股份已获全额认购，初步确定受让方为28家机构投资者，拟受让股 份总数为800.73万股。 2、德邦股份：向上交所提出终止上市申请 德邦股份2月26日公告，公司拟以股东会决议方式主动撤回A股股票在上海证券交易所的上市交易，并 申请股票进入全国中小企业股份转让系统退市板块继续交易。该事项已通过公司2026年第一次临时股东 会审议。公司已向上交所提交相关申请，尚需上交所决定是否受理。公司聘请中信证券和北京世辉律师 事务所作为财务和法律顾问，分别发表了意见。本次终止上市事项最终能否通过相关审批及实施尚存在 不确定性，敬请广大投资者关注后续公告并注意投资风险。 3、多瑞医药：王庆太、曹晓兵要约收购期满 公司股票将于2026年2月27日复牌 多瑞医药2月26日公告，公司股票将于2026年2月27日复牌。在2026年 ...

股市有风险，投资需谨慎！本文仅为公开信息整理与客观分析，不构成任何投资建议，投资者应自主判 断、审慎决策，自行承担投资风险。 今日股吧讨论量激增，核心讨论话题集中在公司AI算力（核心股）PCB业务的业绩兑现情况、扩产计划 对未来产能的影响以及相关发行传闻。看多投资者认为公司基本面扎实，AI算力需求爆发带动订单增 长，扩产落地将进一步巩固龙头地位，后续估值仍有提升空间；看空投资者则担忧短期连续上涨后存在 回调压力，当前估值处于较高区间，后续业绩能否持续高增长存在不确定性。 建议投资者优先关注公司官方发布的经营数据和扩产项目进展信息，审慎甄别各类市场传闻，结合自身 风险承受能力做出投资判断，避免盲目跟风交易，做好仓位管理以分散潜在风险。 股票频道更多独家策划、专家专栏，免费查阅>> 2026年2月26日，沪电股份迎来强势涨停，当日涨幅10.00%，股价上涨7.76元，最终收在85.36元。早盘 以78.99元开盘后震荡走高，10点35分触及涨停板，当日成交额突破115亿元，换手率达到7.21%，总市 值来到1642.64亿元。 责任编辑：钟离 公司公告信息显示，2月12日公司发布高端PCB扩产公告，拟投入33亿元 ...

Market Overview - On February 26, the Shanghai Composite Index fell by 0.01%, while the Shenzhen Component Index rose by 0.19%, and the ChiNext Index decreased by 0.29% [1] - The total market turnover was 2.56 trillion yuan, with over 2800 stocks declining [1] - Sectors that performed well included CPO, PCB, liquid-cooled servers, cultivated diamonds, and sugar substitutes, while the film and television, real estate, and precious metals sectors saw declines [1] Individual Stock Performance - YN Energy Holdings achieved a six-day consecutive rise, Farsen had a four-day consecutive rise, and Chengxing Co. had a three-day consecutive rise [3] - Notable stocks with significant gains included: - Zhongke Environmental at 20.06% increase, trading at 7.78 yuan [4] - Yue'an New Materials at 20.01% increase, trading at 39.10 yuan [4] - Gaolan Co. at 20.01% increase, trading at 38.15 yuan [4] - Other stocks like Tongyu New Materials and Spring Intelligence Control also saw significant increases [4] Trading Insights - The top three net buying stocks on the Dragon and Tiger list were Huadian Co. with 14.13 billion yuan, Huasheng Tiancai with 4.25 billion yuan, and Gaolan Co. with 3.76 billion yuan [5] - The top three net selling stocks were Electric Science Blue Sky, Mingyang Electric, and Qingshuiyuan, with net sales of 1.94 billion yuan, 1.61 billion yuan, and 1.41 billion yuan respectively [5] Industry Trends - Nvidia reported a quarterly revenue of 68 billion USD, indicating a strong outlook for AI, which is expected to drive demand for high-performance PCBs [12][17] - Dongguan Securities noted that AI is pushing PCBs towards high-performance and high-density upgrades, increasing demand for high-value products [12] - Huadian Co. plans to invest 3.3 billion yuan in a new high-end PCB production project, expected to generate an additional 3.05 billion yuan in annual revenue [12] - Huasheng Tiancai is focusing on AI computing and applications, with a strategic push towards AI solutions [15] - Gaolan Co. is expanding its liquid-cooled server business, anticipating significant growth in net profit due to rising demand in North America [18] Key Trading Stocks - Huadian Co. saw a trading halt with a 10% increase, with a turnover of 115.58 billion yuan and a net buying of 7.37 billion yuan from deep stock connections [19] - Spring Intelligence Control also reached a trading halt with a 20% increase, with a net buying of 1.63 billion yuan [20] - Gaolan Co. achieved a trading halt with a 20% increase, with a net buying of 1.14 billion yuan [21]

Core Viewpoint - The stock market showed mixed performance on February 26, with the Shanghai Composite Index down 0.01%, the Shenzhen Component Index up 0.19%, and the ChiNext Index down 0.29%. Notably, Huadian Technology (002463.SZ) attracted significant capital inflow, totaling 1.413 billion yuan, while Electric Science Blue Sky (688818.SH) experienced the largest capital outflow of 194 million yuan [1][2][4]. Group 1: Stock Performance - Huadian Technology (002463.SZ) saw a 10% increase in stock price, with a turnover rate of 7.21% and a net capital inflow of 1.413 billion yuan, accounting for 12.23% of total trading volume [2][4][6]. - Electric Science Blue Sky (688818.SH) had a stock price increase of 11.2%, but faced a net capital outflow of 194 million yuan, representing 4.84% of total trading volume [5][11]. Group 2: Institutional Activity - On February 26, 30 stocks on the leaderboard saw institutional participation, with institutions net buying 14 stocks and net selling 16 stocks, resulting in a total net outflow of 154 million yuan [5][11]. - The highest net purchase by institutions was also in Huadian Technology, with a net buy amount of 383.92 million yuan, representing 3.32% of total trading volume [7][14]. Group 3: Northbound Capital - Northbound capital participated in 20 stocks on the leaderboard, with a total net inflow of 999.8 million yuan. Huadian Technology received the highest net inflow of 737 million yuan, accounting for 6.38% of total trading volume [11][13]. - The largest net outflow from northbound capital was in Dazhu Laser (002008.SZ), amounting to 92.23 million yuan, which is 2.57% of total trading volume [11][14].

| 菲利华 | | | | --- | --- | --- | | 4/3 | 300395.SZ | +5.21% | | 沪电股份 | | --- | 龙虎榜机构热股 龙虎榜显示，今日2家机构净买入3.84亿。 今天机构龙虎榜上榜43只个股，净买入29只，净卖出13只。当日机构买入最多的个股前三位是：润泽科技（6.05亿）、沪电股份（3.84亿）、菲利华（3.32 亿）。 公司国内规模最大、技术实力最强的PCB制造商之一，是英伟达 AI 服务器 PCB 主力供应商。 | 上榜热股 | 实时涨跌幅 ◆ 买/卖家数 ◆ | | --- | --- | | 润泽科技 | | | 300442.SZ | +17.71% 2/2 | | 3日 | | | 沪电股份 | | | 002463.SZ | +10.00% 2/2 | | 3日 | | 龙虎榜知名游资 公司参股子公司熹联光芯的硅光芯片可以用于CPO 杰普特 一、液冷 高澜股份 个股龙虎榜 公司为字节跳动公司提供的12U浸没液冷模组，是业内首款一体式浸没液冷产品 消息面上，2月25日，英伟达AI基础设施负责人Dion Harris在加州总部向媒体展示了下一代 ...