智通财经APP获悉，截止2月13日收盘，有74只股票创52周新高，其中中国智能科技(00464)、兴利（香 港）控股(00396)、伟俊集团控股(01013)创高率位于前3位，分别为352.26%、44.44%、29.17%。 52周新高排行 中国电信(00728) 4.890 4.860 -0.21% | (00081) | | | | | --- | --- | --- | --- | | 绿源集团控股(02451) | 14.750 | 14.900 | 1.98% | | 川控股(01420) | 0.275 | 0.280 | 1.82% | | ＴＲ台湾(03036) | 819.000 | 819.000 | 1.66% | | 新鸿基地产(00016) | 133.700 | 135.700 | 1.65% | | 不同集团(06090) | 129.900 | 130.000 | 1.64% | | 德利机械(02102) | 0.315 | 0.315 | 1.61% | | 威胜控股(03393) | 26.840 | 26.840 | 1.51% | | ＴＲ韩国(02848) | 1 ...

Investment Rating - The report maintains an "Outperform" investment rating for the communication industry [4][7]. Core Insights - In January 2026, the communication industry index increased by 5.47%, outperforming the Shanghai Composite Index (+3.76%), CSI 300 Index (+1.65%), Shenzhen Component Index (+5.03%), and ChiNext Index (+4.47%) [3][13]. - The capital expenditure of the four major North American cloud providers is expected to grow over 60% year-on-year, indicating a turning point for CPO commercialization applications [4][6]. - The retail sales of communication equipment in China increased by 20.9% year-on-year in December 2025, driven by the demand for smartphones [6][44]. - The three major telecom operators in China achieved a total telecom business revenue of 1.75 trillion yuan in 2025, a year-on-year increase of 0.7% [6][45]. Summary by Sections Market Review - The communication industry index rose by 5.47% in January 2026, outperforming major indices [3][13]. - Sub-sectors such as cables, other communication equipment, and system equipment saw increases of 19.70%, 10.72%, and 7.85% respectively [16]. Industry Tracking - The capital expenditure of North American cloud providers reached $126 billion in Q4 2025, a 62% year-on-year increase, with a forecast of over $660 billion for 2026 [24][25]. - AI applications are increasingly driving cloud business growth, with significant investments in AI infrastructure by major cloud providers [30][34]. Telecom Industry Insights - The telecom industry in China is experiencing stable growth, with a focus on new information infrastructure such as 5G and gigabit networks [45]. - The revenue from emerging businesses like cloud computing and big data reached 450.8 billion yuan in 2025, growing by 4.7% year-on-year [45]. Smartphone Market - Global smartphone shipments are projected to grow by 2% in 2025, reaching 1.25 billion units, with AI smartphones expected to penetrate 34% of the market [6][44]. - The latest AI smartphones feature advanced NPU chips with processing power between 60 to 200 TOPS, enhancing user experience through real-time interactions [6]. Investment Recommendations - The report suggests focusing on companies involved in optical devices, optical chips, optical modules, and AI smartphones, including Tianfu Communication, ZTE, and China Mobile [7].

Investment Rating - The report maintains an "Outperform" investment rating for the communication industry [4][7]. Core Insights - In January 2026, the communication industry index increased by 5.47%, outperforming the Shanghai Composite Index (+3.76%), CSI 300 Index (+1.65%), Shenzhen Component Index (+5.03%), and ChiNext Index (+4.47%) [3][13]. - The capital expenditure of the four major North American cloud providers is expected to grow significantly, with a projected increase of over 60% in 2026 [6][24]. - The procurement results for special optical cables by China Mobile indicate that eight manufacturers, including Tongding Interconnection and Yangtze Optical Fibre and Cable, have been selected, highlighting the focus on key sectors such as industrial manufacturing and digital government [6][7]. Summary by Sections Industry Performance - The communication industry index showed a strong performance in January 2026, with a 5.47% increase, outperforming major indices [3][13]. - Sub-sectors within the communication industry saw varied performance, with cable, other communication equipment, and system equipment rising by 19.70%, 10.72%, and 7.85% respectively [16]. Telecommunications Sector - In 2025, the telecommunications business revenue reached CNY 1.75 trillion, a year-on-year increase of 0.7% [6][45]. - By December 2025, 5G mobile phone users accounted for 65.9% of total mobile phone users, with a monthly data usage (DOU) of 23.04GB per user, reflecting a 17.0% year-on-year increase [6][45]. Cloud Infrastructure Investment - The combined capital expenditure of the four major North American cloud providers in Q4 2025 was USD 126 billion, marking a 62.0% year-on-year increase [24][25]. - For 2026, the total capital expenditure guidance for these providers exceeds USD 660 billion, with an expected growth of 61.0% [24][25]. AI and Smartphone Market - The retail sales of communication equipment in China increased by 20.9% year-on-year in December 2025, driven by the demand for smartphones [44]. - The global smartphone shipment is projected to grow by 2% in 2025, reaching 1.25 billion units, with AI smartphones expected to penetrate 34% of the market by 2025 [6][44]. Investment Recommendations - The report suggests focusing on companies involved in optical devices, optical chips, optical modules, and AI smartphones, including Tianfu Communication, ZTE, and China Mobile [7][6].

Group 1 - The Ministry of Industry and Information Technology, along with four other departments, issued an implementation opinion aimed at enhancing the capacity of the information and communication industry to support low-altitude infrastructure development, targeting a ground mobile communication network coverage rate of no less than 90% by 2027 [1] - The communication sector experienced a significant decline recently, but sub-sectors like optical communication are supported by data center demand [1] - China Telecom and China Unicom received approval for the trial commercial use of Beidou messaging, which is expected to advance the commercialization of satellite communication, potentially benefiting listed companies involved in satellite communication business [1] Group 2 - Tongyu Communication's stock price has shown weakness, with an 11.43% decline over the last five trading days, dropping from 51.19 yuan to 45.34 yuan, with a price fluctuation of 14.53% [2] - Technical indicators suggest a bearish trend for the stock, with the KDJ indicator below 20 and a negative MACD histogram, indicating short-term resistance at 55.36 yuan and support at 44.1 yuan [2] - The turnover rate on February 13 was 6.20%, with a trading volume of 9.53 billion yuan, reflecting a decrease in trading activity [2]

本次意见稿中重点任务涵盖按需推进低空场景通信网络覆盖。面向300米（G类、W类空域）以下低空 航路沿线、低空应用热点区域，充分利用现有5G等移动通信网络基础设施，在满足国家无线电管理相 关规定基础上，综合采用波束优化、天线调整、新建基站等方式，按需推动低空移动通信网络覆盖，鼓 励基础电信企业与国家有关部门加强需求对接，结合低空应用发展规模和场景需求，探索通感低空专用 网络等进一步提升网络覆盖水平和业务保障能力，加强与地面网络互联互通。综合应用卫星通信、地面 移动通信等方式，为300米以上低空空域及偏远地区等提供网络覆盖。根据意见稿中的要求，该行认为 对小基站、微站及5G-A通感一体基站等的需求将会持续走高。 5G-A同感一体+卫星通信方案并进，提升低空域导航及定位准确性 智通财经APP获悉，中国银河证券发布研报称，2026年2月10日，工信部等五部门办公厅发布关于加强 信息通信业能力建设支撑低空基础设施发展的实施意见。意见明确到2027年全国低空航路地面移动通信 覆盖率不低于90%，并部署按需推进5G-A通感一体基站、卫星通信等多元技术融合。重点强化300米以 下低空网络覆盖与导航定位精度，旨在形成城市治理、 ...

电信ETF汇添富（560300）业绩比较基准为中证电信主题指数收益率，管理人为汇添富基金管理股份有 限公司，基金经理为何丽竹，成立（2023-12-05）以来回报为105.45%，近一个月回报为-9.78%。 来源：新浪基金∞工作室 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 2月13日，截止午间收盘，电信ETF汇添富（560300）跌0.92%，报2.038元，成交额246.22万元。电信 ETF汇添富（560300）重仓股方面，中国移动截止午盘跌0.54%，中国联通跌0.41%，中国电信跌 0.18%，中国卫通跌0.81%，中际旭创跌0.51%，银之杰跌0.44%，新易盛跌0.48%，中兴通讯跌0.64%， 天孚通信跌4.92%，中天科技跌2.50%。 ...

该项目实现三大核心创新。一是利用海水作为天然冷源，通过"动力热管+高效海水自然冷却"技术 直接利用周边低温海水进行换热，降低机械制冷损耗，彻底摆脱淡水冷却依赖。二是数据中心直接接入 临港海上风电场，通过光电复合电缆实现"风电直连"，构建"发电—输电—计算"零距离协同模式，大幅 降低输电损耗，绿电直接供给率超过95%，真正实现绿色低碳运行。三是将数据中心部署于海底，节省 90%以上陆地空间，释放沿海宝贵土地资源，为高密度城市提供可持续算力解决方案。 上海临港海底数据中心示范项目。海兰云供图 打造国际数字枢纽 海底数据中心可支持人工智能、5G、工业互联网及跨境电商等产业发展，站在了数字时代与海洋 经济交汇点。与"东数西算"工程相比，"陆数海算"工程紧靠沿海发达地区，数据处理传输用时更短，响 应更快。 近日，我国首个实现"海上风电直连+海水自然冷却"的海底数据中心示范项目在上海临港正式投产 运行。该项目由上海海兰云科技有限公司牵头，联合中国电信上海公司、申能集团、上海仪电集团、中 交三航局等多家单位共同建设。这座海底数据中心，不仅利用海水作为冷源，还叠加了风电的绿色能 源，产业规模、技术性能和商业价值得到进一步提升 ...

Core Viewpoint - The company, Pingzhi Information Technology Co., Ltd., is raising up to 1 billion yuan through a private placement to fund the construction of a domestic intelligent computing power center and to supplement working capital [1]. Group 1: Fundraising and Financial Strategy - The company plans to raise a total of no more than 1 billion yuan, with 700 million yuan allocated for the intelligent computing power center project and 300 million yuan for working capital [4]. - The issuance targets up to 35 specific investors, including the controlling shareholder Guo Qing, who intends to subscribe for no less than 50 million yuan and no more than 400 million yuan [3]. Group 2: Business Transformation and Performance Pressure - The company has undergone a significant business transformation from digital reading to communication equipment and computing power services due to market pressures from short video platforms [5][6]. - Financial data indicates a substantial decline in revenue from 3.556 billion yuan in 2022 to 1.443 billion yuan in 2024, with a net loss of 116 million yuan in 2024 [6]. Group 3: Strategic Moves in Computing Power - The company is deepening its computing power transformation by acquiring a 60% stake in Tianxing Electronics to establish a server production base and develop domestic general-purpose computing servers [7]. - In 2023, the company won a 150 million yuan project from China Telecom for computing power services, marking its entry into computing network construction and leasing [7]. Group 4: Expansion into Advanced Technologies - The company is expanding its services from computing power infrastructure to model services and terminal applications, including the development of AI-integrated products like smart blood pressure monitors [8]. - The company has invested in Future Partners Robotics, holding a 40% stake, to enter the robotics sector and leverage telecom channels for product promotion [8].

Group 1 - The core idea of the news is the "New Year New Clothes · Wujiang Heart" charity event aimed at providing support and warmth to new employment groups in Wujiang, showcasing the community's care for workers like delivery riders and drivers [1][2] - The Wujiang District Social Work Department, in collaboration with various organizations, distributed over 300 high-quality new clothes to new employment groups, enhancing their sense of belonging and celebration during the New Year [1] - A dedicated insurance plan was launched to cover 15,000 delivery workers and drivers in Wujiang, providing protection against major illnesses and hospitalization allowances until September 2026, ensuring their safety and well-being [1] Group 2 - Wujiang Power Supply Company distributed 200,000 charging service fee coupons and introduced discount vouchers for battery swap packages to alleviate the charging cost concerns of urban workers [2] - The district planned over 30 themed activities around the Spring Festival to deliver care directly to new employment groups, including community services for children and wellness activities [2] - The "Warm Heart Station" initiative will provide energy-boosting breakfasts and transportation assistance for returning workers, ensuring a supportive environment for those re-entering the workforce [2][3]

Core Insights - The overall shareholding ratio of southbound funds in Hong Kong Stock Connect stocks is 19.62%, with 256 stocks having a shareholding ratio exceeding 20% [1] - Southbound funds have become significant participants in the Hong Kong stock market, holding a total of 5021.32 million shares valued at 65711.64 billion HKD, representing 14.94% of the total market capitalization of the targeted stocks [1] Group 1: Shareholding Distribution - 256 stocks have a southbound fund shareholding ratio exceeding 20%, while 137 stocks are in the 10%-20% range, 91 stocks in the 5%-10% range, 80 stocks in the 1%-5% range, and 21 stocks below 1% [1] - The stock with the highest southbound fund shareholding is China Telecom, with 99.00 million shares, accounting for 71.33% of the issued shares [2] - Other notable stocks with high southbound fund holdings include Haotian International Investment at 69.79% and Green Power Environmental at 68.88% [2] Group 2: Industry Concentration - Southbound fund holdings exceeding 20% are primarily concentrated in the healthcare, industrial, and financial sectors, with 58, 40, and 35 stocks respectively [2] - A total of 136 AH concept stocks are among those with over 20% southbound fund holdings, making up 53.13% of that group [1] - In the 10%-20% holding category, AH stocks account for 20.44% [1]