（文章来源：每日经济新闻） 每经AI快讯，12月19日，午后光通信概念震荡走强，理工光科20%涨停，此前通鼎互联3天2板，长飞光 纤、烽火通信、亨通光电、胜蓝股份跟涨。 ...

Market Overview - The Hang Seng Index fell by 1.91%, down 490 points, closing at 25,138 points, while the Hang Seng Tech Index dropped by 2.41%. The early trading volume in Hong Kong was HKD 107.2 billion [1]. Autonomous Driving Sector - The Ministry of Industry and Information Technology of China officially announced the first batch of L3 conditional autonomous driving vehicle licenses, marking a significant step in the practical application of intelligent connected vehicles. Stocks related to smart driving rose against the market trend, with Zhejiang Shibao (01057) increasing by 13.9% and Youjia Innovation (02431) rising by 9.88% [1]. Pharmaceutical Sector - The innovative drug sector declined again, with a temporary vacuum in pharmaceutical BD transactions over the past six months. Notable declines included Innovent Biologics (09969) falling over 3.62% and I-Mab (01801) down by 2.39% [1]. Gold Sector - Gold stocks experienced a widespread decline. The BOCM index is set for rebalancing, and JPMorgan indicated that gold and silver face significant technical selling pressure. Zijin Mining International (02259) dropped by 5.93%, while Zijin Mining (02899) fell by 4.5% [1]. Solar Energy Sector - The solar energy sector weakened again, with the Solar Association confirming the establishment of a storage platform, while prices for solar glass remain under pressure. New Special Energy (01799) decreased by 2%, and Xinyi Solar (00968) fell by 3.6% [1]. Optical Communication Sector - Oracle's performance for the second fiscal quarter of 2026 fell short of market expectations, leading to a continuation of declines in the optical communication sector. Cambridge Technology (06166) and Yangtze Optical Fibre and Cable (06869) both dropped by over 5% [1]. ZTE Corporation - ZTE Corporation (00763) fell by over 4%, with the company adjusting some AI capabilities in its Doubao mobile assistant and recently announcing a significant share buyback [2]. Bole Technology - Bole Technology-B (02592) saw a decline of 11% after submitting a new drug clinical trial application for its ophthalmic candidate CBT-199 in the U.S. [3]. Domestic Beverage Sector - Hushang Ayi (02589) rose by over 4%, capitalizing on the growing trend of domestic new tea beverage brands expanding into international markets, specifically entering Malaysia and the U.S. [4].

Group 1 - The Hang Seng Index fell by 1.91%, losing 490 points to close at 25,138 points, while the Hang Seng Tech Index dropped by 2.41% [1] - The Ministry of Industry and Information Technology of China announced the first batch of L3 conditional autonomous driving vehicle licenses, marking a significant step in the development of intelligent connected vehicles in China [1] - Smart driving concept stocks rose against the market trend, with Zhejiang Shibao increasing by 13.9% and Youjia Innovation rising by 9.88% [1] Group 2 - Innovative drug concept stocks declined, with notable drops in companies such as Innovent Biologics, which fell over 3.62%, and I-Mab, which decreased by 2.39% [1] - Gold stocks experienced a widespread decline, with Zijin Mining International dropping by 5.93% and Zijin Mining Group falling by 4.5% due to significant technical selling pressure [1] - Photovoltaic stocks weakened again, with New Special Energy down by 2% and Xinyi Solar decreasing by 3.6%, amid ongoing price pressures on photovoltaic glass [1] Group 3 - Oracle's second fiscal quarter results for 2026 fell short of market expectations, contributing to a continued decline in the optical communication sector, with Cambridge Technology and Yangtze Optical Fibre and Cable both dropping over 5% [1] - ZTE Corporation saw a decline of over 4%, with the company recently announcing a large share buyback amid adjustments to its AI capabilities [2] - Bole Technology fell by 11% following the submission of a new drug clinical trial application for its ophthalmic candidate CBT-199 in the U.S. [3] Group 4 - Hushang Ayi saw an increase of over 4% as the domestic new tea beverage brand expands into international markets, specifically Malaysia and the United States [4]

Core Viewpoint - The optical communication sector is experiencing a significant rise, driven by the increasing demand for high-speed optical transceivers due to the growth of AI data centers and large-scale clustering [1] Group 1: Stock Performance - Hongteng Precision (06088) increased by 7.01%, reaching HKD 5.65 [1] - Changfei Optical Fiber and Cable (06869) rose by 4.02%, reaching HKD 37.78 [1] - Cambridge Technology (06166) saw a 3.47% increase, reaching HKD 89.5 [1] - Huiju Technology (01729) grew by 0.59%, reaching HKD 17.12 [1] Group 2: Market Research Insights - TrendForce's latest report indicates that the shipment of optical transceivers above 800G is expected to reach 24 million units in 2025 and nearly 63 million units in 2026, representing a growth of 2.6 times [1] - The demand for high-speed optical transceivers is causing severe supply bottlenecks in upstream laser light sources [1] Group 3: Industry Outlook - CICC believes that the AI technology revolution and energy revolution are driving demand from upstream raw materials to midstream manufacturing, leading to improved performance for listed companies [1] - In December, the application of artificial intelligence continues to develop, with a focus on domestic computing power, optical modules, and cloud computing infrastructure, as well as applications in robotics, consumer electronics, intelligent driving, and software applications [1]

每经AI快讯，港股光通信概念逆市走高。截至发稿，长飞光纤光缆(06869.HK)涨5.7，报37.08港元；汇 聚科技(01729.HK)涨5.69%，报16.71港元；剑桥科技(06166.HK)涨5.68%，报86.5港元；鸿腾精美 (06088.HK)涨3.33%，报5.28港元。 （文章来源：每日经济新闻） ...

长江证券发布研报称，全球AI算力需求迸发，云商财报亮眼、云订单快速积累，资本开支再次上调、 投入力度显著增强；算力卡交付提速。数据中心互联需求持续攀升，光芯片产能满载，高速光模块供不 应求，扩产加速落地。光纤光缆、高速线缆与液冷等配套设备扩容。AI与算力主线强劲上行。 光通信概念逆市走高，截至发稿，长飞光纤（601869）光缆(06869)涨5.7，报37.08港元；汇聚科技 (01729)涨5.69%，报16.71港元；剑桥科技（603083）(06166)涨5.68%，报86.5港元；鸿腾精美(06088)涨 3.33%，报5.28港元。 消息面上，优迅股份今天开启申购，发行价格为51.66元/股，申购上限为0.45万/股。据悉，优迅股份是 国内光通信领域的"国家级制造业单项冠军企业"，专注于光通信前端收发电芯片的研发、设计与销售。 ...

智通财经APP获悉，光通信概念逆市走高，截至发稿，长飞光纤光缆(06869)涨5.7，报37.08港元；汇聚 科技(01729)涨5.69%，报16.71港元；剑桥科技(06166)涨5.68%，报86.5港元；鸿腾精美(06088)涨 3.33%，报5.28港元。 消息面上，优迅股份今天开启申购，发行价格为51.66元/股，申购上限为0.45万/股。据悉，优迅股份是 国内光通信领域的"国家级制造业单项冠军企业"，专注于光通信前端收发电芯片的研发、设计与销售。 长江证券发布研报称，全球AI算力需求迸发，云商财报亮眼、云订单快速积累，资本开支再次上调、 投入力度显著增强；算力卡交付提速。数据中心互联需求持续攀升，光芯片产能满载，高速光模块供不 应求，扩产加速落地。光纤光缆、高速线缆与液冷等配套设备扩容。AI与算力主线强劲上行。 ...

Group 1 - The US and European stock markets have begun a consecutive rebound, providing a breathing space for global financial markets, with indices showing upward potential [1] - The A-share market in November shows a decline in the Shanghai Composite Index with reduced volume, while the ChiNext Index declines with increased volume, indicating a shift in institutional fund movements [1] - The technology sector is expected to be a key investment focus throughout 2025, while the current market remains unstable, presenting opportunities for rebound investments [1] Group 2 - Domestic and international optical chip manufacturers are actively expanding production, with a notable increase in optical module output [1] - Coherent emphasizes capacity expansion to meet the growing demand for EML and CW, while domestic optical device manufacturers continue to expand production [1] - The shortage of optical chips and devices is expected to improve, leading to significant growth in the performance of optical module manufacturers [1] Group 3 - The three major indices opened higher, with most stocks rising, particularly in sectors like components, communication equipment, and glass fiber [3] - The optical communication concept is gaining momentum, with Google leading the charge, and several stocks reaching historical highs [3] - AI application concepts are strengthening, with significant growth in downloads for Alibaba's AI assistant app, surpassing other competitors [3] Group 4 - The Shanghai Composite Index showed a strong upward trend, indicating active capital inflow and a strong market sentiment [5] - The expectation of interest rate cuts by the Federal Reserve has led to a significant increase in the probability of a rate cut, positively impacting dollar-denominated assets [5] - The ChiNext Index also experienced a notable rise, with a focus on whether it can maintain levels above 3000 points [5]

Core Viewpoint - The optical communication sector is experiencing significant growth, with multiple companies reaching historical highs in stock prices, driven by strong market momentum and investor interest [2]. Group 1: Market Performance - The optical communication concept has seen an expanded upward trend, with Google Chain leading the gains [2]. - Guokong Technology has reached a 20% limit up, while Tengjing Technology has increased by over 15%, both achieving historical highs [2]. - Other companies such as Dekoli, Changguang Huaxin, Changfei Optical Fiber, and Fuzhijing Technology have also hit the limit up, indicating a broad rally in the sector [2]. Group 2: Notable Companies - Companies like Changxin Bochuang, Shijia Guangzi, Juguang Technology, and Taicheng Light have all seen stock increases of over 10%, reflecting strong investor sentiment in the optical communication industry [2].

Group 1 - Hainan sector shows active trading with companies like Jingliang Holdings and Hainan Haiyao experiencing significant price increases [2] - Zhongshui Fishery hits a limit up, marking its seventh consecutive trading day of gains [2] - Solid-state battery concept stocks are active, with GAC Group hitting a limit up and other companies like Funeng Technology and Liyuanheng also seeing gains due to the establishment of a large-capacity solid-state battery production line [3] Group 2 - Lithium mining stocks continue to adjust, with companies like Guocheng Mining and Shengxin Lithium Energy hitting the limit down [4] - A-shares open higher, with the Shanghai Composite Index up 0.36% and the Shenzhen Component Index up 0.53% [5] - The market sees active trading in sectors such as 6G, optical communication, AI applications, and battery technology, while lithium and aquaculture themes are experiencing a pullback [6] Group 3 - Hong Kong stocks open higher, with the Hang Seng Index up 0.92% and the Hang Seng Tech Index up 1.13%, driven by rebounds in tech and new energy vehicle stocks [7]