Market Overview - On September 11, A-shares showed mixed performance with the Shanghai Composite Index down 0.16% at 3806.06 points, while the Shenzhen Component Index rose 0.11% to 12570.87 points, and the ChiNext Index increased by 0.46% to 2917.77 points [1] Sector Performance - Pharmaceutical stocks experienced significant declines, with WuXi AppTec and Tigermed both opening down over 7% [1] - CPO and computing power concepts remained active, with Oracle-related stocks seeing substantial interest, as Digital China and Ronglian Technology opened up over 9% [1] Stock Market Statistics - According to Wind statistics, there were 1481 stocks rising, 3047 stocks falling, and 898 stocks remaining flat across the two exchanges and the Beijing Stock Exchange [1] Monetary Policy - The People's Bank of China conducted a 7-day reverse repurchase operation of 292 billion yuan at an interest rate of 1.40%. On the same day, 212.6 billion yuan in reverse repos matured, resulting in a net injection of 79.4 billion yuan [1] Margin Trading - The margin trading balance across the two exchanges increased by 5.778 billion yuan, totaling 230.1574 billion yuan [1] Currency Exchange - The central parity rate of the RMB against the US dollar was reported at 7.1034, an increase of 28 basis points [1]

Market Overview - The pharmaceutical sector experienced significant declines, with WuXi AppTec and Tigermed opening down over 7% [1][2] - Innovative drug concept stocks also saw substantial drops, with BeiGene falling over 10% and several other companies, including WuXi AppTec and Tigermed, dropping more than 7% [1][2] Index Performance - The Shanghai Composite Index decreased by 0.16%, while the Shenzhen Component Index increased by 0.11%, and the ChiNext Index rose by 0.46% [2][3] - The healthcare services sector fell by 1.99%, with various sub-sectors such as weight loss drugs and CRO concepts also declining [3] Hong Kong Market - The Hang Seng Index opened down 0.81%, and the Hang Seng Tech Index fell by 0.97% [4][5] - Pharmaceutical stocks in Hong Kong saw widespread declines, with Hansoh Pharmaceutical and WuXi Biologics dropping over 10% [4] Currency and Monetary Policy - The People's Bank of China conducted a 7-day reverse repurchase operation of 292 billion yuan at a steady rate of 1.40% [5] - The RMB to USD central parity rate was reported at 7.1034, an increase of 28 basis points from the previous trading day [6]

人民财讯9月11日电，A股三大指数涨跌不一，沪指跌0.16%，深证成指涨0.11%，创业板指涨0.46%。盘 面上，云计算、CPO、光芯片概念等涨幅居前；CRO、医疗服务、仿制药等板块跌幅居前。 ...

Market Overview - The A-share market experienced a collective increase, with the Shanghai Composite Index rising by 0.13%, the Shenzhen Component Index by 0.38%, and the ChiNext Index by 1.27%, while the North Stock 50 fell by 0.16% [1] - The total trading volume in the Shanghai and Shenzhen markets was 20,040 billion yuan, a decrease of 1,481 billion yuan compared to the previous day, marking the first time in 20 trading days that the volume fell below 20,000 billion yuan [1] - Over 2,400 stocks in the market saw an increase [1] Sector Performance - AI hardware showed strong performance, with key sectors such as copper-clad laminates, CPO, and fiberglass leading the gains, while major infrastructure, short dramas, 6G, and tourism sectors were active during the day [1] - The new energy industry chain experienced a collective decline, with gold, PEEK materials, and chemical sectors also retreating [1] ETF Performance - AI computing ETFs saw significant gains, with the Bosera 5G50 ETF, Guotai 50 ETF, and Southern AI ETF rising by 4.58%, 4.52%, and 4.14% respectively [1] - The gaming sector saw a midday surge, with the Puyin Ansheng Gaming Media ETF increasing by 4.05%, currently at a premium/discount rate of 1.92% [1] - The telecommunications sector performed well, with Penghua Telecom ETF, Huatai-PineBridge Telecom 50 ETF, and E Fund Telecom ETF all rising over 3% [1] Declines in Specific Sectors - The new energy sector faced a broad decline, with leading ETFs in photovoltaic and lithium battery sectors falling by 1.97%, 1.92%, and 1.86% respectively [1] - Gold stocks weakened, with the gold stock ETF declining by 1.94% [1]

Group 1 - The company stated that its products are not currently applied in the CPO field, but can achieve 3DVC cooling through the use of均温板 and heat pipes [1] - The company will comply with legal and regulatory requirements for information disclosure if there are any developments in related businesses [1]

市场热点较为分散，有色、煤炭、化工、电力等资源板块集体下挫；石油板块强势上扬，科力股份涨超 10%，准油股份涨停；影视股集体活跃，幸福蓝海一度触及涨停，金逸影视、粤传媒涨停；CPO、算力 等AI产业链股卷土重来，嘉元科技（688388）、东山精密、工业富联、景旺电子等均涨停，胜宏科技 股价逼近300元续创新高；卫星互联概念拉升，三维通信、日海智能（维权）涨停，中国联通涨超5%； 旅游出行板块崛起，凯撒旅业（维权）、天府文旅涨停，大连圣亚涨近8%；此外，今日登陆创业板的 艾芬达涨170%报74.77元/股，盘中最高至87.98元/股，涨幅达217.7%，以盘中最高价计算，该股单签最 高盈利超3万元。 港股方面，鸿腾精密涨近13%，哔哩哔哩涨超7%，联想集团涨近5%；老铺黄金跌逾7%，泡泡玛特跌近 5%。 影视股集体走高 影视股今日强势拉升，截至收盘，幸福蓝海涨近14%，盘中一度触及涨停，创近9年新高；金逸影视、 粤传媒涨停，华谊兄弟、芒果超媒涨超5%。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ A股主要股指今日（9月10日）探底回升，创业板指、科创50指数较为强势；港股亦走强，恒 ...

9月10日，A股主要指数集体上涨，沪指涨0.13%报3812点，深证成指涨0.38%，创业板指涨1.27%。沪深 两市成交额1.98万亿，较上一个交易日缩量1404亿。全市场超2700股下跌。 | 章 代码 | 名称 | 现价 | 涨跌 | 涨幅 | | --- | --- | --- | --- | --- | | 000001 | 上证指数 | 3812.22 | +4.93 | +0.13% | | 399001 | 深证成指 | 12557.68 | +47.08 | +0.38% | | 399006 | 创业板指 | 2904.27 | +36.30 | +1.27% | | 000688 | 科创50 | 1259.10 | +13.57 | +1.09% | 盘面上，油气开采板块强势，通源石油涨近15%，准油股份涨停；iPhone Air牵手联通推出eSIM手机， 通信服务板块走强，二六三涨停，中国联通涨超5%；旅游板块走高，凯撒旅业、天府文旅涨停；游戏 板块活跃，巨人网络涨停；CPO板块反弹，工业富联等多股涨停，"易中天"纷纷大涨；算力租赁、影视 院线、快手概念、液冷服务器、体育产业等板块涨 ...

Group 1 - The company Alede (301419.SZ) has stated that its products are not currently applied directly in the CPO field [1] - The company's均温板 (uniform temperature board) and 热管 (heat pipe) can achieve 3D VC cooling [1]

Summary of Key Points from the Conference Call Industry Overview - The conference call focused on the **semiconductor industry**, particularly the **AI semiconductor** segment, with insights from **Morgan Stanley** regarding the **cloud capital expenditure (capex)** and the **supply chain dynamics** in Taiwan [6][10]. Core Insights and Arguments - **Cloud Capex Growth**: Major cloud service providers (CSPs) are projected to spend nearly **US$582 billion** on cloud capex in **2026**, with estimates from Nvidia suggesting global cloud capex could reach **US$1 trillion** by **2028** [13][15]. - **AI Semiconductor Market Size**: The global semiconductor market size is expected to reach **US$1 trillion** by **2030**, with the AI semiconductor total addressable market (TAM) projected to grow to **US$235 billion** by **2025** [25]. - **Nvidia's Rack Output**: Post second-quarter earnings, expectations for **GB200/300 rack output** have become more bullish, with projections of approximately **34,000 racks** for **2025** and at least **60,000 racks** for **2026** [49]. - **Nvidia's GPU Supply**: TSMC is anticipated to produce **5.1 million** chips in **2025**, while NVL72 shipments are expected to reach **30,000** [42]. - **AI Semiconductor Demand Drivers**: The primary growth driver for AI semiconductors is attributed to **cloud AI**, with a significant focus on inference versus training AI semiconductors [27][71]. Additional Important Insights - **Capex to EBITDA Ratio**: The capex to EBITDA ratio has surged since **2024**, indicating increased capex intensity [21]. - **Custom AI Chips**: Custom AI chips are expected to outpace general-purpose chips, with a projected market size of approximately **US$21 billion** in **2025** [139]. - **TSMC's Capacity Expansion**: TSMC plans to expand its CoWoS capacity significantly, with projections of **93k wafers per month** by **2026** to meet the growing demand for AI chips [105][110]. - **China's AI Semiconductor Demand**: The demand for AI semiconductors in China is expected to grow, with local GPUs projected to fulfill only **39%** of the country's AI demand by **2027** [178][181]. Conclusion - The semiconductor industry, particularly in the AI segment, is poised for substantial growth driven by cloud computing and AI applications. Companies like Nvidia and TSMC are at the forefront of this expansion, with significant investments and capacity enhancements planned for the coming years.

证券日报网讯大港股份（002077）9月8日在互动平台回答投资者提问时表示，公司不涉及CPO相关领 域。 ...