科技成长股今日归来，CPO、光芯片、光通信等概念强势领涨。指数层面，国证成长100指数上涨3.8%，国证自由现金流指数下跌0.3%，国证价值100指数 下跌0.6%。资金持续布局，Wind数据显示，成长ETF（159259）此前连续4个交易日获资金净流入，合计约2700万元。 国证成长100指数聚焦A股成长风格突出的股票，紧扣经济转型脉搏，当前指数超七成权重集中于电子、通信、计算机板块，精准卡位AI算力核心环节，结 构锐度突出。成长ETF（159259）是市场唯一跟踪该指数的产品，可助力投资者把握成长风格投资机遇。 （文章来源：每日经济新闻） ...

智通财经获悉，港股恒生指数跌1.10%，跌285点，报25799点；恒生科技指数跌0.24%。港股早盘成交 1154亿港元。 中资券商股涨幅居前。证监会主席提拓宽券商资本空间，优质券商ROE天花板有望打开。弘业期货 (03678)涨7.67%；华泰证券(06886)涨6.09%；国泰海通(02611)涨5.45%。 耐世特(01316)涨超6%，我国汽车转向新国标发布，机构看好线控转向有望顺利量产。 煤炭股跌幅居前。焦煤焦炭期货日内大跌，机构称主流钢厂已对焦炭提出提降。中国秦发(00866)跌 12%；中煤能源(01898)跌4%；中国神华(01088)跌3%。 重塑能源(02570)重挫逾20%创历史新低，上市届满一年今迎来解禁。 信达生物(01801)加入恒生指数首日，重挫逾8%。市前现多宗大手成交，涉资超12亿港元。 本文源自：智通财经网 AI与算力主线强劲上行，光通信概念逆市走高。长飞光纤光缆(06869)涨超5%，汇聚科技(01729)涨超 4%。 剑桥科技(06166)涨超6%，全球光模块产业正加速向800G/1.6T升级，行业受益AI算力需求持续增长。 速腾聚创(02498)再涨超4%，公司获得 ...

Core Insights - The optical communication sector has seen a significant surge, with industry leaders like Zhongji Xuchuang and Tianfu Communication reaching historical highs, and several companies experiencing limit-up trading [1] - Major US companies such as Lumentum and Coherent have also reached historical highs, indicating a strong market trend towards optical connectivity [3] Group 1: Market Performance - On December 8, the optical communication sector collectively surged, with key players like Zhongji Xuchuang and Tianfu Communication hitting record highs [1] - Companies such as Huilv Ecology and Wantong Development also experienced limit-up trading, reflecting strong investor interest [1] Group 2: Industry Developments - Lumentum and Coherent reached historical highs on December 5, with LightCounting forecasting a continued shortage of EML and CW laser chips until the end of 2026 [3] - Marvell announced a $3.25 billion acquisition of Celestial AI to enhance its position in the optical connectivity market [3] Group 3: Supply Chain Insights - Optical isolators, crucial components in optical modules, are facing supply constraints due to a global shortage of Faraday rotator materials, which are monopolized by a few manufacturers in the US and Japan [4] - The demand for high-speed optical modules is surging, leading to a significant mismatch between supply and demand for isolators, which are expected to remain in short supply [4] Group 4: Future Projections - The demand for optical chips is projected to grow significantly, with LightCounting estimating a CAGR of 17% for the optical communication chip market from 2025 to 2030, increasing total sales from approximately $3.5 billion in 2024 to over $11 billion by 2030 [5] - Lumentum reported a 25%-30% supply gap in optical chips, with prices expected to rise by 2026 [5]

记者丨李益文 编辑丨叶映橙 12月8日，可申购创业板的纳百川（301667.SZ）与科创板的优迅股份（688807.SH）。 纳百川成立于2007年，公司总部位于温州市泰顺县。公司专注从事新能源汽车动力电池热管理、 燃油汽车动力系统热管理及储能电池热管理相关产品的研发、生产和销售，主要产品包括电池液 冷板、电池集成箱体、燃油汽车发动机散热器、加热器暖风等。 | 今日申购 | | | | | --- | --- | --- | --- | | 301667.SZ 纳百川 | | | | | 发行价(元/股) | 机构报价(元/股) | 市值(亿元) | 所属行业 | | 22.63 | 23.01 | 18.95 | 汽车制造业 | | 发行市盈率 | 行业市盈率 | 可比公司 | 可比公司动态市盈率 | | | | 三花智控 | 46.98 | | 28.70 | 28.71 | 银轮股份 | 34.48 | | | | 方盛股份 | 89.01 | | 业绩情况 | | | | | 16.0 | | | 600% | | 14.0 | | | 500% | | 12.0 | | | 400% | | 10. ...

Group 1: Company Overview - Youxun Co., Ltd. focuses on the research, design, and sales of optical communication front-end transceiver chips [2] - The company's shares are widely distributed, with no single shareholder holding more than 30% of voting rights, indicating no controlling shareholder [2] - The actual controllers of the company are Ke Binglan and Ke Tenglong, who collectively control 27.13% of the voting rights [2] Group 2: Fundraising and Financials - Youxun plans to raise approximately 809.07 million yuan for the development and industrialization of next-generation access network and high-speed data center chips, automotive chips, and 800G optical communication chips [2][3] - The company aims to issue 20 million shares at a price of 51.66 yuan per share, expecting to raise a total of 1,033.20 million yuan, with a net amount of approximately 927.69 million yuan after deducting issuance costs [3] Group 3: Company Overview (Nanbaichuan) - Nanbaichuan New Energy Co., Ltd. specializes in thermal management products for new energy vehicle power batteries, fuel vehicle power systems, and energy storage batteries [6] - The company is controlled by Chen Rongxian and his family, who collectively hold 55.58% of the shares [7] Group 4: Fundraising and Financials (Nanbaichuan) - Nanbaichuan plans to raise approximately 729 million yuan for the production project of 3.6 million sets of water-cooled plates and to supplement working capital [8] - The company intends to issue 27.92 million shares at a price of 22.63 yuan per share, expecting to raise a total of approximately 631.77 million yuan, with a net amount of about 555.55 million yuan after deducting issuance costs [8]

Core Viewpoint - The news highlights the IPOs of two companies, Nabichuan and Youxun, focusing on their business models, market positions, and financial metrics, indicating potential investment opportunities in the automotive and semiconductor sectors. Group 1: Nabichuan (301667.SZ) - Nabichuan, established in 2007, specializes in thermal management products for electric vehicle batteries, fuel vehicle power systems, and energy storage batteries, with key products including battery liquid cooling plates and engine radiators [1][3] - The IPO price is set at 22.63 CNY per share, with an institutional offering price of 23.01 CNY, and a market capitalization of 18.95 billion CNY [2] - The company has a significant reliance on CATL, with sales to CATL accounting for 53.73% of revenue in 2022, indicating a risk due to dependency on a single major customer [4] - Nabichuan's market share in battery liquid cooling plates is projected to reach approximately 12.16% by 2024, positioning it as a leader in this niche market [3] Group 2: Youxun (688807.SH) - Youxun focuses on the research, design, and sales of optical communication front-end transceiver chips, positioning itself upstream in the semiconductor supply chain [5] - The IPO price is set at 51.66 CNY per share, with an institutional offering price of 52.90 CNY, and a market capitalization of 31 billion CNY [6] - Youxun is recognized as a "national champion" in the optical communication sector, with its core products achieving significant market share, ranking first in China and second globally in the 10Gbps and below segment [9] - The company plans to allocate 4.68 billion CNY (57.82%) of its raised funds towards the development and industrialization of next-generation access network and high-speed data center chips [8]

纳百川成立于2007年，公司总部位于温州市泰顺县。公司专注从事新能源汽车动力电池热管理、燃油汽 车动力系统热管理及储能电池热管理相关产品的研发、生产和销售，主要产品包括电池液冷板、电池集 成箱体、燃油汽车发动机散热器、加热器暖风等。 12月8日，可申购创业板的纳百川（301667）(301667.SZ)与科创板的优迅股份(688807.SH)。 | 今日申购 | | | | | --- | --- | --- | --- | | 301667.SZ 纳百川 | | | | | 发行价(元/股) | 机构报价(元/股) | 市值(亿元) | 所属行业 | | 22.63 | 23.01 | 18.95 | 汽车制造业 | | 发行市盈率 | 行业市盈率 | 可比公司 | 可比公司动态市盈率 | | 28.70 | 28.71 | 三花智控 银轮股份 | 46.98 34.48 | | | | 方盛股份 | 89.01 | | 业绩情况 | | | | | 0 0 | | | COOL | | 募集资金投资方向 | 拟投入募集资金金额 (亿元) | 出 | | --- | --- | --- | | 纳百川（滁州 ...

Core Insights - The article provides an overview of the latest fund net asset value rankings, highlighting the top-performing and underperforming funds in the market [1]. Fund Performance Summary - The top 10 funds with the highest net value growth include: 1. 长城久嘉创新成长混合A with a net value of 2.4244 and a growth rate of 5.52% 2. 长城久嘉创新成长混合C with a net value of 2.0289 and a growth rate of 5.52% 3. 永赢高端装备智选混合发起C with a net value of 1.0356 and a growth rate of 4.85% 4. 永赢高端装备智选混合发起A with a net value of 1.0497 and a growth rate of 4.84% 5. 兴全合远两年持有混合C with a net value of 0.9245 and a growth rate of 4.56% 6. 兴全合远两年持有混合A with a net value of 0.9505 and a growth rate of 4.55% 7. 前海开源沪港深乐享生活 with a net value of 2.9159 and a growth rate of 4.26% 8. 方正富邦中证保险C with a net value of 1.1580 and a growth rate of 4.23% 9. 德邦新兴产业混合发起式A with a net value of 0.9625 and a growth rate of 4.19% 10. 方正富邦中证保险A with a net value of 1.1690 and a growth rate of 4.19% [2]. - The bottom 10 funds with the lowest net value growth include: 1. 中航远见领航混合发起A with a net value of 1.3200 and a decline of 1.49% 2. 中航远见领航混合C with a net value of 1.3094 and a decline of 1.48% 3. 国投瑞银白酒C with a net value of 1.5233 and a decline of 1.32% 4. 国投瑞银白酒A with a net value of 1.5363 and a decline of 1.32% 5. 工银养老205A with a net value of 1.4109 and a decline of 1.09% 6. 工银养老205Y with a net value of 1.4339 and a decline of 1.08% 7. 泰信发展主动混合 with a net value of 1.7540 and a decline of 1.07% 8. 银河创新混合C with a net value of 8.3917 and a decline of 1.06% 9. 银河创新混合A with a net value of 8.5955 and a decline of 1.06% 10. 创金合信荣F with a net value of 1.1384 and a decline of 0.97% [3]. Market Analysis - The Shanghai Composite Index opened lower but saw a rebound in the afternoon, closing with a small gain. The ChiNext Index also experienced fluctuations but ended positively, with a total trading volume of 1.73 trillion. The number of advancing stocks was 4,387 compared to 975 declining stocks, with 80 stocks hitting the upper limit and 12 hitting the lower limit [5]. - Leading sectors included insurance, engineering machinery, and mineral products, all showing gains of over 3%. Concepts such as superconductors and commercial aerospace also performed well [5].

1、行情 指数集体单边反弹的一天。 题材方面，航天板块持续走强，天箭科技、超捷股份、上海港湾、航天科技、航天动力、航天发展先后涨停，斯瑞新材、乾照光电、广联航空等 涨超10%； 核电、核聚变板块局部发力，永鼎股份、弘讯科技（20CM）涨停，哈焊华通、合锻智能、旭光电子、兰石重装等集体走强； 光通信、CPO也迎来反弹，致尚科技（20CM）、可川科技、长光华芯（20CM）、特发信息涨停，炬光科技、太辰光、罗博特科、仕佳光子、 光库科技等集体大涨； 午后，保险、金融科技、券商板块集体发力，瑞达期货、赢时胜（20CM）、中银证券集体涨停，汇金股份涨超10%，古鳌科技、安硕信息、银 之杰、指南针、顶点软件、大智慧、同花顺、兴业证券、湘财股份集体大涨，中国太保、中国平安、中国人保等也都午后单边走强； 尾盘阶段，稀土板块迎来脉冲，金力永磁一度张超15%，宁波韵升、中科三环（炸）双双涨停，英洛华、银河磁体、大地熊、正海磁材等跟涨； 此外，福建本地股、人形机器人、有色均有局部大涨表现。 截至收盘，沪指、深成指、创业板指分别收涨0.7%、1.08%、1.36%，市场超4300股上涨，不足千股下跌，两市累计成交量超1.7万亿。 2 ...

Market Overview - The Shanghai Composite Index opened lower but closed higher, with the Shenzhen Component and ChiNext Index rising over 1%. The financial sector saw significant gains, with stocks like China Merchants Bank and Ruida Futures hitting the daily limit. China Pacific Insurance rose nearly 7% [1] - The trading volume reached 1.74 trillion yuan, with nearly 4,400 stocks in the Shanghai and Shenzhen markets showing gains [1] Hot Topics Fujian Free Trade Zone - The Fujian Free Trade Zone remained active, with stocks like Hefeng China and Hai Xin Food hitting the daily limit. The Fujian provincial government is focusing on developing the marine economy as part of its 14th Five-Year Plan [4][12] - The marine economy initiatives are expected to strengthen Fujian's economic growth, with plans to be publicly disclosed after approval [4] Optical Communication Sector - The optical communication sector showed strong performance, with stocks like Zhishang Technology and Kecuan Technology hitting the daily limit. Lumentum, a leading US optical chip company, saw its stock rise by 8.21%, reaching a historical high [6][7] - The supply-demand imbalance in the optical chip market is worsening, with Lumentum indicating a supply gap of 25-30% [7][8] - The global optical chip market is projected to grow significantly, with estimates of reaching $3.5 billion in 2024 and potentially exceeding $11 billion by 2030, driven by demand for 400G/800G Ethernet optical modules [9] Aerospace Sector - The aerospace sector experienced a resurgence, with companies like Aerospace Development and Shunhao Co. hitting the daily limit. The successful ground verification of a rocket engine by China Aerospace is paving the way for upcoming suborbital flight tests [10][12] - The commercial aerospace market in China is expected to grow from approximately 0.38 trillion yuan in 2015 to 2.3 trillion yuan by 2024, with a potential market size nearing 10 trillion yuan by 2030 [12] Notable Stocks - Hefeng China (603122.SS) reached a price of 26.53 yuan, with a gain of 9.99% and a market cap of 10.56 billion yuan [5] - Zhishang Technology (301486.SZ) saw a price increase of 20% to 91.85 yuan, with a market cap of 6.655 billion yuan [7] - Aerospace Development (000547.SZ) rose by 10% to 20.57 yuan, with a market cap of 32.672 billion yuan [11]