新华财经北京11月26日电（罗浩）沪深两市三大股指26日普遍小幅低开。当日，两市股指表现分化。沪 指在窄幅整理后小幅下探；深成指和创业板指早盘期间持续攀升，午后涨幅收窄，收盘时仍显著上涨。 机构观点 天风证券：建议持续重视"AI+出海+卫星"核心标的的投资机会：海外线AI核心方向如光模块&光器件、 液冷等领域值得重视，持续核心推荐；国产算力线如国产服务器，交换机，AIDC、液冷等方向核心标 的建议积极关注。海风行业国内加速复苏，海外出海具备良好机遇，积极把握产业变化，核心推荐海缆 龙头厂商。近期看到卫星互联网产业国内动态进展呈现，看好后续产业受催化拉动。 26日，医药商业股和CPO概念股整体涨幅靠前。医药商业板块中，华人健康20%涨停，海王生物、人民 同泰、瑞康医药等多股收于约10%涨停。CPO概念板块中，长光华芯20%涨停，赛微电子涨逾16%，中 际旭创涨逾13%，乾照光电、永鼎股份等多股大幅上涨。当日，深圳国企改革、半导体、元器件、工程 机械等板块亦有显著上涨。水产品、船舶、军贸概念、Web3概念等板块跌幅靠前。 其中提到，强化人工智能融合赋能。推动人工智能在消费品全行业全领域全过程应用，推广生成式人工 ...

异动分析 航运概念+统一大市场+深圳国企改革+粤港澳大湾区+雄安新区 1、深圳市盐田港股份有限公司的主营业务包括码头的开发与经营；货物装卸与运输；港口配套交通设 施建设与经营；港口配套仓储及工业设施建设与经营等。公司的主要产品或提供的劳务：高速公路收 费、港口货物装卸运输、仓储及其他服务。 2、公司的主要业务包括：投资港口货物装卸与运输业务，码头建设工程管理，收费高速公路经营管 理，海关监管仓和其他港口配套仓储经营。公司从事的港口行业属于国民经济基础产业，行业的发展水 平与国家及区域经济贸易发展状况密切相关。在"双循环"新发展格局下，港口作为连接国内与国际的交 通枢纽，具备放大汇聚物流、资金、贸易、数据的价值；港口主业与以港口为核心的港口供应链成为连 接国内国际两个市场的重要手段。 来源：新浪证券-红岸工作室 11月18日，盐田港跌1.30%，成交额1.56亿元，换手率1.08%，总市值237.62亿元。 主力没有控盘，筹码分布非常分散，主力成交额8267.05万，占总成交额的4.51%。 技术面：筹码平均交易成本为4.60元 该股筹码平均交易成本为4.60元，近期筹码关注程度减弱；目前股价在压力位4.60和 ...

2、公司的主要业务包括：投资港口货物装卸与运输业务，码头建设工程管理，收费高速公路经营管 理，海关监管仓和其他港口配套仓储经营。公司从事的港口行业属于国民经济基础产业，行业的发展水 平与国家及区域经济贸易发展状况密切相关。在"双循环"新发展格局下，港口作为连接国内与国际的交 通枢纽，具备放大汇聚物流、资金、贸易、数据的价值；港口主业与以港口为核心的港口供应链成为连 接国内国际两个市场的重要手段。 3、公司实际控制人为深圳市人民政府国有资产监督管理委员会。 来源：新浪证券-红岸工作室 11月17日，盐田港跌0.86%，成交额1.33亿元，换手率0.90%，总市值240.74亿元。 异动分析 航运概念+统一大市场+深圳国企改革+粤港澳大湾区+雄安新区 1、深圳市盐田港股份有限公司的主营业务包括码头的开发与经营；货物装卸与运输；港口配套交通设 施建设与经营；港口配套仓储及工业设施建设与经营等。公司的主要产品或提供的劳务：高速公路收 费、港口货物装卸运输、仓储及其他服务。 主力没有控盘，筹码分布非常分散，主力成交额9538.92万，占总成交额的4.74%。 技术面：筹码平均交易成本为4.60元 该股筹码平均交易成本为 ...

Core Viewpoint - Shenzhen Yantian Port Co., Ltd. is a key player in the port industry, benefiting from the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Xiong'an New Area, with significant expectations for overall market performance [2][4]. Company Overview - Shenzhen Yantian Port's main business includes the development and operation of terminals, cargo handling and transportation, construction and operation of port-related transportation facilities, and warehousing and industrial facilities [2][6]. - The company is primarily engaged in port cargo handling and transportation, terminal construction project management, toll highway operation management, and customs supervision warehousing [2][6]. - The actual controller of the company is the State-owned Assets Supervision and Administration Commission of the Shenzhen Municipal People's Government [2][6]. Financial Performance - As of September 30, 2025, Yantian Port achieved operating revenue of 616 million yuan, a year-on-year increase of 0.49%, and a net profit attributable to shareholders of 1.071 billion yuan, a year-on-year increase of 6.66% [7]. - The company has distributed a total of 7 billion yuan in dividends since its A-share listing, with 1.557 billion yuan distributed in the last three years [7]. Market Position and Trends - Yantian Port is one of the highest single-port container throughput terminals globally, with strong market expectations for overall listing [2][4]. - The company is expected to benefit from the development of the Greater Bay Area, enhancing its role as a crucial logistics hub connecting domestic and international markets [2][4]. Shareholder Information - As of September 30, 2025, the number of shareholders reached 71,800, an increase of 10.42% from the previous period, with an average of 44,079 circulating shares per person, a decrease of 9.44% [7].

Group 1 - The Shenzhen state-owned enterprise reform concept index declined by 0.24%, ranking among the top declines in concept sectors, with notable declines in companies such as Shahe Co., Shenzhen Housing A, and Shenzhen Urban Transport [1] - Among the 12 stocks that increased in price, Guotian Group, Guoxin Securities, and Te Fa Information had the highest gains of 1.57%, 1.51%, and 1.07% respectively [1] - The concept sector saw a net outflow of 450 million yuan from main funds, with 23 stocks experiencing net outflows, and five stocks seeing outflows exceeding 30 million yuan [2] Group 2 - Guoxin Securities had the largest net outflow of main funds at 90.11 million yuan, followed by Shenzhen Urban Transport, Agricultural Products, and Te Fa Services with outflows of 57.70 million yuan, 47.60 million yuan, and 37.62 million yuan respectively [2] - The stocks with the highest net inflows included Te Fa Information, Lihua Science and Technology, and Tianjian Group, with inflows of 10.07 million yuan, 4.79 million yuan, and 4.22 million yuan respectively [2] - The trading volume and turnover rates varied among the stocks, with Guoxin Securities showing a turnover rate of 0.56% and a price increase of 1.51% [3]

Core Points - The Shenzhen state-owned enterprise reform concept index declined by 0.24%, ranking among the top declines in concept sectors [1] - Within the sector, notable declines were observed in Shahe Co., Shenzhen Housing A, and Shenzhen Urban Transport, while Guangtian Group, Guoxin Securities, and TeFa Information saw increases of 1.57%, 1.51%, and 1.07% respectively [1] Market Performance - The fluorochemical concept led the market with a rise of 4.50%, while the Shenzhen state-owned enterprise reform concept experienced a decline of 0.24% [2] - The main capital outflow from the Shenzhen state-owned enterprise reform sector amounted to 450 million yuan, with 23 stocks experiencing net outflows [2] - Guoxin Securities had the highest net outflow of 90.11 million yuan, followed by Shenzhen Urban Transport and Agricultural Products with outflows of 57.70 million yuan and 47.60 million yuan respectively [2] Stock Performance - The top stocks with net outflows in the Shenzhen state-owned enterprise reform sector included Guoxin Securities, Shenzhen Urban Transport, and Agricultural Products, with respective declines of 1.51%, -2.38%, and 0.20% [3] - Conversely, stocks with net inflows included TeFa Information, Lihe Science and Technology, and Tianjian Group, with inflows of 10.07 million yuan, 4.79 million yuan, and 4.21 million yuan respectively [3]

Core Viewpoint - Shenzhen Yantian Port Co., Ltd. is a key player in the port industry, benefiting from the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Xiong'an New Area, with significant expectations for overall listing in the market [2][4]. Company Overview - Shenzhen Yantian Port's main business includes the development and operation of terminals, cargo handling and transportation, construction and operation of port-related transportation facilities, and warehousing and industrial facilities [2][6]. - The company is primarily engaged in port cargo handling and transportation, terminal construction project management, toll highway operation management, customs supervision warehousing, and other port-related warehousing operations [2][6]. - The actual controller of the company is the State-owned Assets Supervision and Administration Commission of the Shenzhen Municipal People's Government [2][6]. Financial Performance - As of September 30, 2025, Yantian Port achieved operating revenue of 616 million yuan, a year-on-year increase of 0.49%, and a net profit attributable to the parent company of 1.071 billion yuan, a year-on-year increase of 6.66% [7]. - The company has distributed a total of 7 billion yuan in dividends since its A-share listing, with 1.557 billion yuan distributed in the last three years [7]. Market Position and Trends - Yantian Port is one of the highest single-port container throughput terminals globally, and it is expected to benefit from the development of the Greater Bay Area [2][4]. - The company holds a 35% stake in Caofeidian Port Group Co., Ltd., which is anticipated to benefit from the development of the Xiong'an New Area [2][4]. Shareholder Information - As of September 30, 2025, the number of shareholders of Yantian Port was 71,800, an increase of 10.42% from the previous period, with an average of 44,079 circulating shares per person, a decrease of 9.44% [7].

Core Viewpoint - Shenzhen Yantian Port Co., Ltd. is positioned to benefit from the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Xiong'an New Area, with significant expectations for overall listing in the market [2] Company Overview - Shenzhen Yantian Port's main business includes the development and operation of terminals, cargo handling and transportation, construction and operation of port-related transportation facilities, and warehousing and industrial facilities [2][6] - The company is a state-owned enterprise controlled by the Shenzhen Municipal Government's State-owned Assets Supervision and Administration Commission [2] - Yantian Port is one of the highest single-port container throughput terminals globally and is expected to benefit from the Greater Bay Area's development [2] Financial Performance - As of September 30, 2025, Yantian Port achieved operating revenue of 616 million yuan, a year-on-year increase of 0.49%, and a net profit attributable to shareholders of 1.071 billion yuan, a year-on-year increase of 6.66% [7] - The company has distributed a total of 7 billion yuan in dividends since its A-share listing, with 1.557 billion yuan distributed in the last three years [7] Market Activity - On November 5, Yantian Port's stock rose by 0.87%, with a trading volume of 172 million yuan and a turnover rate of 1.18%, bringing the total market capitalization to 24.126 billion yuan [1] - The stock has seen a net outflow of 14.3078 million yuan from main funds today, with a ranking of 30 out of 35 in its industry [3][4] Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 10.42% to 71,800, with an average of 44,079 circulating shares per person, a decrease of 9.44% [7]

Core Viewpoint - Shenzhen Yantian Port Co., Ltd. is positioned to benefit from the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Xiong'an New Area, with significant expectations for overall listing in the market [2]. Company Overview - Shenzhen Yantian Port's main business includes the development and operation of terminals, cargo handling and transportation, construction and operation of port-related transportation facilities, and warehousing and industrial facilities [2][6]. - The company is a key player in the port industry, which is closely linked to the national and regional economic trade development [2]. - The actual controller of the company is the State-owned Assets Supervision and Administration Commission of the Shenzhen Municipal People's Government [2]. Financial Performance - As of January to September 2025, Yantian Port achieved operating revenue of 616 million yuan, a year-on-year increase of 0.49%, and a net profit attributable to shareholders of 1.071 billion yuan, a year-on-year increase of 6.66% [7]. - The company has distributed a total of 7 billion yuan in dividends since its A-share listing, with 1.557 billion yuan distributed in the past three years [7]. Market Position - Yantian Port is one of the highest single-port container throughput terminals globally and is expected to benefit from the development of the Greater Bay Area [2]. - The company holds a 35% stake in Caofeidian Port Group Co., Ltd., which is anticipated to benefit from the development of the Xiong'an New Area [2]. Shareholder Information - As of September 30, 2025, the number of shareholders of Yantian Port was 71,800, an increase of 10.42% from the previous period [7]. - The average circulating shares per person decreased by 9.44% to 44,079 shares [7].

Core Viewpoint - Lihua Science and Technology is gaining attention in the market due to its involvement in the Shenzhen Moli Ying AI Ecological Community and the launch of a 3 billion yuan AI fund, highlighting its strategic role in the new technology wave and the transformation into a comprehensive innovation platform within Shenzhen's state-owned assets system [1][2]. Group 1: Moli Ying's Role in AI Innovation - Moli Ying is the first vertical large model ecological community in the Guangdong-Hong Kong-Macao Greater Bay Area, aiming to provide 100,000 square meters of industrial space, incubate 100 innovative entities, and generate 1,000 intelligent applications, contributing to a trillion-level economic increment [3]. - The community offers a complete service chain, including two years of rent-free support and access to seven public service platforms, addressing the pain points of AI startups and allowing them to focus on technology development and product refinement [3][4]. - Moli Ying has attracted over 500 companies to apply, with 102 successfully settled, indicating strong market recognition of its ecological value [4]. Group 2: Financial Support and Ecosystem Development - The recent "X-Day" event gathered experts from various fields to discuss AI projects, while the South District announced a 3 billion yuan AI fund matrix to support AI tech companies at different development stages [5]. - The Lihua Artificial Intelligence and Embodied Robotics Industry Fund, co-established with Huitong Financial Holdings, aims for a target size of 500 million yuan, focusing on technology transfer resources from national universities and research institutes [5]. - Lihua Science and Technology will provide platforms to support the commercialization of AI projects, facilitating the transition from "technology strong" to "industry strong" [5]. Group 3: Strategic Positioning and Future Opportunities - The initiatives align with the "14th Five-Year Plan," which emphasizes the importance of state-owned enterprises in driving technological breakthroughs and strategic emerging industries [7][9]. - Moli Ying exemplifies the integration of policy guidance, state capital functions, and market vitality, exploring sustainable industrial cultivation paths [9]. - Lihua Science and Technology is also making forward-looking investments in fields like biomanufacturing and brain-machine interfaces, aligning with the strategic directions of the "14th Five-Year Plan" [9][10].