Core Viewpoint - The controlled nuclear fusion sector in China is experiencing significant growth, driven by technological breakthroughs and industrial layout advancements since 2025, with several key milestones achieved in 2023 [1] Group 1: Market Performance - Stocks related to controlled nuclear fusion have seen strong gains, with Hongwei Technology rising over 17%, Changfu Co. increasing by more than 15%, and Hahuan Huaton up by over 10% [1] - Other companies such as Wangzi New Materials and Xue Ren Group have reached their daily price limits [1] Group 2: Industry Developments - Since March 2023, the "Chinese Circulation No. 3" has entered a new phase of combustion testing, marking a significant step in the nuclear fusion field [1] - In July, China Fusion Energy Co., controlled by the China National Nuclear Corporation, was established, further solidifying the industry's foundation [1] - In October, the successful installation of the key component, the Dewar base, for the BEST device was completed, indicating progress in the sector [1] Group 3: Future Outlook - The nuclear fusion sector is expected to accelerate with the upcoming bidding and construction phases for various projects, including the "Circulation No. 4," "Spark No. 1," and laser fusion power stations led by academic teams [1] - The long-term development of the controlled nuclear fusion industry is promising, with expectations of continued growth driven by the restructuring of electricity consumption due to advancements in AI [1] - Companies involved in high-value segments of the controlled nuclear fusion industry are likely to benefit as the industry progresses [1]

Core Viewpoint - The A-share market is experiencing a strong performance in the controllable nuclear fusion sector, with several companies showing significant stock price increases [1] Group 1: Company Performance - Hongwei Technology saw a stock increase of over 17% [1] - Changfu Co., Ltd. increased by over 15% [1] - Haheng Huatuo rose by over 10% [1] - Prince New Materials, Sichuang Electronics, Baili Electric, and Guotai Group all hit the 10% daily limit [1] - Xue Ren Group, Hailu Heavy Industry, and Guoji Heavy Equipment increased by over 9% [1] - China Nuclear Construction rose by over 6% [1] - Other companies such as Atlantic, Rongfa Nuclear Power, Aikesai Bo, Guoguang Electric, Western Superconducting, and Antai Technology increased by over 5% [1]

12月19日，商业航天概念继续躁，军工板块再度领市上涨！ | 代码 | 名称 | 现价 | 涨跌幅 | 主力净流入额 | | --- | --- | --- | --- | --- | | 801740 | 国防军工(申万) | 1823.19 | 1.98% | 36.82 Z | | 801770 | 通信(申万) | 5408.02 | 1.53% | 5.50 7, | | 801880 | 汽车(申万) | 7635.68 | 1.23% | 36.50亿 | 高人气军工核心标的——军工ETF华宝（512810）快速冲上2%，价格创近3个月新高！ 商业航天相关成份股领涨，航天智装一度暴拉逾10%，中国卫星涨超8%，铂力特、中科星图、臻镭科 技3股股价续创历史新高！ | | | 分时 多日 1分 5分 15分 30分 60分 · | | | | | F9 盘前盘后 强加 九转 画线 工具 3 2 > | | 军工ETF华宣 ① | | 512810 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | ...

格隆汇12月19日｜A股开盘，三大指数集体高开，沪指涨0.05%报3878.23点，深证成指涨0.48%，创业 板指涨0.89%。盘面上，特朗普旗下特朗普媒体科技集团跨界核聚变，隔夜飙涨近42%，带动可控核聚 变板块盘初活跃；铜缆高速连接、存储芯片、CPO等板块高开，黄金、煤炭股调整。 ...

Core Viewpoint - The market is experiencing a narrow fluctuation with positive momentum in sectors like controllable nuclear fusion and commercial aerospace, while precious metals and film sectors are declining. The outlook for the market is optimistic due to favorable policy combinations established in recent significant meetings, suggesting a gradual unfolding of the year-end market rally [1]. Group 1: Sector Performance - The controllable nuclear fusion sector is showing strength, with companies like Wangzi New Materials and Xue Ren Group hitting the daily limit up, while Changfu Co. is also performing well. Other companies such as Aikesaibo and Hahan Huaton are following suit [2]. - The commercial aerospace concept is gaining traction, with Huati Technology achieving two consecutive limit ups, and companies like Xinke Mobile and Guanglian Aviation also seeing gains [1]. Group 2: Institutional Perspectives - Industrial Securities believes that the year-end market rally is likely to gradually unfold as consensus is sought, supported by a favorable environment for risk assets due to recent positive policy combinations [3]. - Guotai Junan is optimistic about the market's recovery, expecting active trading and a potential upward trend in the "transformation bull" market, particularly in technology, brokerage insurance, and consumer sectors [4]. - CITIC Securities indicates that the underlying logic of the bull market remains intact, with a new wave of market activity anticipated as adjustments have been largely completed, focusing on sectors like non-ferrous metals, AI computing power, and commercial aerospace [5].

新股优迅股份上市首日涨超360%。 2025.12.19 本文字数：555，阅读时长大约1分钟 作者 |一财阿驴 09:30可控核聚变大幅高开，王子新材涨停，常辅股份高开超10%，爱科赛博、哈焊华通、雪人集团等 涨幅靠前。消息面上，特朗普媒体科技集团大涨超40%。据报道，特朗普媒体科技集团同意以全股票交 易方式与核聚变能源企业TAE科技公司合并，交易总价值超60亿美元。 09:25 A股开盘丨三大指数集体高开 沪指高开0.05%，深成指高开0.48%，创业板指高开0.89%。 | 代码 | 名称 | 两日图 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 000001 | 上证指数 | wh | 3878.23 | 1.86 | 0.05% | | 15841-2010 11 399001 | 深证成指 | w | 13116.19 | 62.21 | 0.48% | | 399006 | 创业板指 | M | 3134.80 | 27.74 | 0.89% | 盘面上，算力硬件方向反弹，CPO、存储器指数领涨；核聚变、6G、消费电子概念股活 ...

Group 1 - The controllable nuclear fusion sector is experiencing strong growth, with companies like Western Materials reaching new highs and several others, including Wangzi New Materials and Xue Ren Group, hitting the daily limit up [1] - The domestic production rate of key nuclear fusion equipment has exceeded 96%, with critical components like tungsten-based divertors and high-temperature superconducting tapes now being produced independently [1] - The industry is entering a new phase characterized by multiple competitive technological routes and concentrated capital investment, driven by advancements in the BEST device and EAST's long-pulse operation records [2] Group 2 - The nuclear fusion industry is progressing from experimental verification to engineering demonstration, with a clear three-step development plan: experimental pile, demonstration pile, and commercial pile, aiming for completion of the experimental pile by 2035 and commercial demonstration by 2050 [5] - AI technology is playing a significant role in accelerating the commercialization of nuclear fusion, optimizing reaction conditions, and predicting plasma behavior, which enhances the stability and efficiency of fusion reactions [8][13] - Material innovation is crucial for overcoming bottlenecks in the nuclear fusion industry, focusing on surface and structural innovations, optimizing superconducting materials, and enhancing material properties through modification [15][17] Group 3 - Leading companies in the energy equipment sector have made significant progress in the development of core components for nuclear fusion, with a clear path to industrialization and ongoing benefits in sub-sectors like superconductors and divertor materials [23][25] - Four Creation Electronics is the only domestic company to achieve the localization of superconducting magnet power supply modules for fusion devices, securing a significant market position [26][27] - An Tai Technology is a global supplier of core components for controllable nuclear fusion devices, providing a range of products that support various nuclear power technologies [30]

Core Viewpoint - The article highlights significant market movements, particularly in the context of the stock market opening and specific company performances, indicating a positive trend in certain sectors like nuclear fusion and technology [3][4]. Market Opening - The A-share market opened with all three major indices rising: Shanghai Composite Index up 0.05%, Shenzhen Component Index up 0.48%, and ChiNext Index up 0.89% [4][5]. - The opening prices for the indices were reported as follows: Shanghai Composite Index at 3878.23, Shenzhen Component Index at 13116.19, and ChiNext Index at 3134.80 [5]. Sector Performance - The computing hardware sector showed a rebound, with CPO and storage indices leading the gains. In contrast, coal, precious metals, and shipping industries experienced declines [6]. - Notable stock movements included a significant rise in companies related to nuclear fusion, 6G technology, and consumer electronics [6]. Noteworthy Stock Movements - New stock Youxin Co. debuted with an impressive increase of over 360% on its first trading day [7]. - Trump Media Technology Group saw a surge of over 40% following news of a merger with TAE Technologies, valued at over $6 billion [3]. Hong Kong Market Opening - The Hong Kong market also opened positively, with the Hang Seng Index up 0.53% and the Hang Seng Tech Index up 0.81%. Key tech stocks like NetEase, Alibaba Health, and Kuaishou showed strong performance [8][9].

（文章来源：每日经济新闻） 每经AI快讯，12月19日，可控核聚变板块高开，王子新材涨停，常辅股份涨超10%，爱科赛博、哈焊华 通、宏微科技、雪人集团、英杰电气跟涨。 ...

| | 240.00 +188.34 +364.58% | | | | N优迅 1 立即 688807 交易 | | --- | --- | --- | --- | --- | --- | | | SSE CNY 9:25:02 交易中 查看L2全景 | | | 好心、都花 鸡蛋好黄心感 | | | 变比 | 83.61% 委差 | 286 | Wind ESG评级 - | | 详情 | | 卖上 | 248.78 | 3 | रेस | 0.00% 120日 | 0.00% | | 荧四 | 248.00 | 16 | 5日 | 0.00% 250日 | 0.00% | | 美三 | 247.00 | 2 | 20日 | 0.00% 52周高 | 0.00 | | | 245.00 | 2 | 60日 | 0.00% 52周低 | 0.00 | | | 244.00 | 5 | | 2024 2023 | 2025Q3 | | | 240.00 | ાર્તિ | EbS | 1.86 | 1.22 | | 三三 | 238.88 | 15 | BbS | 21.40 12.09 | 13.54 | | | ...