记者丨叶映橙 见习记者林健民 编辑丨谭婷 近日，21财经《辟谣财知道》注意到，有关"中国汉堡"塔斯汀" 90天关了907家店"的消息在各 大网络平台上传播，引发舆论关注。 12月5日，塔斯汀在官方社交媒体平台上发布声明，称近期媒体涉及品牌加盟数据的相关报道 中， 引用了"极海品牌监测"关于塔斯汀的开闭店数据，该数据严重失实。 声明指出，截至2025年11月底，塔斯汀在营门店数11124家。 2025年1—11月闭店数为67家 ， 迁址店数为238家。 塔斯汀表示，"极海品牌监测"在发布数据前， 从未与品牌进行任何沟通和核实。 对"极海品牌 监测"及其他第三方平台发布失实数据的行为， 塔斯汀保留追究法律责任的权利。 公开资料显示，塔斯汀品牌诞生于2012年，隶属于福州塔斯汀餐饮管理有限公司，是一个主营 中国汉堡的餐饮连锁品牌。 出品丨21财经客户端 21世纪经济报道 编辑丨曾静娇 摩尔线程概念下跌，和而泰跌超9%，福建本地股掀涨停潮，大牛股8天7板 任正非最新发声！1.5万字信息量很大，涉及AI、算力 百万一针抗癌神药有望降至10万以下 SFC 21君荐读 ...

Group 1 - The A-share market showed a rebound after an initial dip, with the three major indices turning positive before noon, and the total trading volume reaching 992.7 billion, a decrease of 39.4 billion from the previous trading day [1] - The major highlight of the day was the listing of "domestic GPU first stock" Moore Threads on the Sci-Tech Innovation Board, with its stock price peaking at 688 yuan before settling at 590.59 yuan, marking an increase of nearly 417% and a market capitalization of 277.6 billion, making it the fourth largest chip stock on the board [1] - Other stocks related to Moore Threads saw declines, with Heertai down over 9%, Initial Spirit Information down over 7%, and Zhongke Lanyun down 6.8% [1] Group 2 - Several companies have direct or indirect stakes in Moore Threads, including Heertai with a direct holding of 1.03% and an additional 0.50% through Beijing Qichuang Kexin, Zhongke Lanyun with a total indirect holding of 0.503%, and Yingqu Technology with a direct holding of 0.34% [2] Group 3 - The local stocks in Fujian experienced a surge, with Hai Xin Food achieving 7 consecutive trading limits, and other companies like Anji Food and Taiyang Cable also seeing significant gains [4] - The commercial aerospace sector continued to show strength, with Longguang Huaxin and Chaojie Co. both hitting the 20% limit up, driven by positive news in the industry [5]

Core Points - The A-share market saw all three major indices rise in the morning session, with the Shanghai Composite Index up 0.08%, the Shenzhen Component Index up 0.39%, and the ChiNext Index up 0.47% [1] - The total trading volume in the Shanghai, Shenzhen, and Beijing markets reached 999.6 billion yuan, a decrease of 40.6 billion yuan compared to the previous day [1] - Over 3,500 stocks in the market experienced gains, indicating a broad-based rally [1] Sector Performance - CPO concept stocks surged, while local stocks in Fujian remained active; sectors such as superconductors, ultra-high voltage, 6G, and photovoltaic indices showed significant gains [1] - The banking, real estate, and pharmaceutical sectors faced declines, with the real estate sector leading the losses [1] - ETFs related to industrial and non-ferrous metals led the gains, with the Wanjia Fund's industrial non-ferrous ETF rising by 2.5% [1] - The electric grid equipment sector performed well, with multiple ETFs in this category rising by 2% [1] - The photovoltaic sector also saw a rise, with leading ETFs in this space increasing by 2% [1] - Real estate ETFs declined by 1.4%, reflecting the struggles in the real estate sector [1] - Japanese stocks fell, with the Tokyo Stock Exchange Index ETF down by 1.2% [1] - The innovative drug sector showed weakness, with ETFs in this category declining by 1% [1]

2025.12. 05 本文字数：1079，阅读时长大约2分钟 作者 | 一财 阿驴 11:31 A股午盘丨创业板指半日涨0.47% 截至午盘，沪指涨0.08%，深成指涨0.39%，创业板指涨0.47%。 盘面上，CPO概念股爆发，福建本地股反复活跃，超导、特高压、6G、光伏指数涨幅居前。摩尔线 程概念股走低，银行、地产、医药行业跌幅靠前。 | 板块名称 | 涨幅 | 涨速 | 涨停数 | | --- | --- | --- | --- | | 工业金属 | +3.13% -0.10% | | 2 | | 贵金属 | +3.12% -0.13% | | = | | 光纤概念 | +3.06% | -0.18% | L | | 超导概念 | +2.93% | -0.07% | 2 | | 福建 | +2.70% | -0.00% | 14 | | 福建自贸区 | +2.66% -0.01% | | 8 | | 可控核聚变 | +2.49% -0.07% | | મા | | 电网设备 | +2.41% -0.08% | | 3 | | 共封装光学(CPO) | +2.40% | -0.21% | 15 | | ...

财信证券认为，周四，A股市场活跃度偏低迷，大盘延续缩量震荡。当日资金观望情绪仍较为浓厚，成 交量缩量明显。盘面上，摩尔线程概念走强，商业航天板块延续活跃，机器人板块迎来反弹，而大消费 方向普遍调整。短期内，耐心等待放量长阳或者其他明确的回暖信号出现。中期来看，随着机构资金逐 步开始布局2026年方向、美联储降息靴子落地、"AI投资泡沫"担忧阶段性消退，A股市场或将迎来新一 轮做多窗口期。 （文章来源：证券时报网） 东吴证券认为，周四，A股主要指数延续震荡。目前A股市场整体运行偏弱，资金参与度下降明显，本 阶段需要保持耐心，后续政策储备还比较充裕，市场流动性方面有望在美联储降息后获得改善。 招商证券认为，12月增量资金有望整体保持平稳净流入，外资活跃度或有望继续回升。宏观流动性方 面，11月的货币市场资金面在央行的呵护下整体保持平稳。展望12月，年末季节性因素可能会增加资金 面的波动，考虑到央行货币政策支持性立场明确，资金面大概率将继续保持合理充裕。外部流动性方 面，美联储官员11月末连续放"鸽"，美国经济数据同样显示降息可能性增加，美联储12月降息预期再度 升温。11月股票市场可跟踪资金转为净流出，资金供给端 ...

Market Strategy - Market activity remains sluggish, with the market continuing to experience low-volume fluctuations [7] - The overall A-share index increased by 0.01%, while the Shanghai Composite Index decreased by 0.06% [7] - The ChiNext Index and the STAR 50 Index showed positive performance, increasing by 1.01% and 1.36% respectively [7] Industry Dynamics - In November, China's energy storage projects saw a total bid scale of nearly 20GWh for battery cells, with leading companies like Yiwei Lithium Energy and CATL capturing 24.1% and 22.8% of the market share respectively [28] - The Ministry of Agriculture and Rural Affairs has initiated a special governance action for internet pesticide operations to regulate the market and ensure compliance [30][36] - The Three Gorges Group's Jiangsu Dafeng 800 MW offshore wind power project has successfully connected its 13.6 MW wind turbine to the grid, marking a significant achievement in offshore wind energy capacity [37] Company Tracking - Daikin Heavy Industries has partnered with Germany's Briese Schiffahrts to establish an international offshore wind power industry hub [39] - Sailun Tire plans to invest $15.2 million in the second phase of its project in Cambodia, focusing on the development of a comprehensive economic zone for rubber-related industries [41][43] - Kweichow Moutai emphasizes high-quality development and sustainable value creation, focusing on maintaining quality, market transformation, and corporate social responsibility [44][46] - Jiyuan Group is expanding its business model to include nutritional raw materials and personalized nutrition, targeting growth in the health and wellness sector [47]

（原标题：摩尔线程12月5日上市 中一签最高或赚超15万元） 如果摩尔线程在上市首日能达到此平均涨幅，即当日最高价达422.84元/股， 则中一签将赚超15万元， 超越今年6月11日上市的影石创新，成为年内最赚钱新股。 此前在科创板年内上市新股中，影石创新目前暂列第一。该公司股票发行价格47.27元/股，上市首日最 高价为187.99元/股，以此计算，投资者中一签浮盈约7.036万元。 截至12月4日A股收盘，摩尔线程概念持续走强，初灵信息、联美控股双双涨停，和而泰、盈趣科技、 大众公用、七匹狼、中科蓝讯、宏力达等跟涨。 近年来，摩尔线程发展迅速，但由于前期投入较大，公司持续亏损。2022年，公司营业收入为0.46亿 元；2023年、2024年分别为1.24亿元、4.38亿元，同比增长169.01%、253.65%；2025年前三季度，公司 实现的营业收入为7.85亿元，同比增长181.99%。 但在净利润表现上，2022年至2025年前三季度，公司分别亏损18.94亿元、17.03亿元、16.18亿元、7.24 亿元，三年零九个月合计亏损59.39亿元。根据摩尔线程披露，公司预计最早可于2027年实现合并报 ...

Market Overview - The A-share market experienced a mixed performance on December 4, with the Shanghai Composite Index slightly declining while the ChiNext Index rose over 1% [1][2] - The total market turnover was 1.56 trillion yuan, showing a decrease of 121.9 billion yuan compared to the previous trading day [2][3] - Major sectors such as human-shaped robots, satellite internet, and semiconductor equipment showed strength, while sectors like dairy, cultivated diamonds, and ice tourism faced adjustments [2][3] Stock Performance - A total of 1,455 stocks rose, with 39 hitting the daily limit, while 3,878 stocks declined, and 26 hit the lower limit [2] - The large-cap stocks, represented by the Shanghai 50 Index and CSI 300 Index, showed relative strength, increasing by 0.38% and 0.34% respectively [1][2] - The human-shaped robot concept stocks, particularly Sanhua Intelligent Control, attracted significant net inflows of over 2.4 billion yuan [1][4] Sector Analysis - In the mechanical equipment sector, several stocks, including Hengerd and Haichang New Materials, reached the daily limit of 20% increase, indicating strong investor interest [3] - The mechanical equipment, electronics, and defense industries led the gains among the Shenwan first-level industries, with increases of 0.90%, 0.78%, and 0.55% respectively [2][4] - Conversely, the comprehensive, beauty care, and social services sectors experienced the largest declines, with drops of 2.11%, 1.89%, and 1.62% respectively [2] Fund Flow - On December 4, the net outflow of main funds from the Shanghai and Shenzhen markets exceeded 214.71 billion yuan, with 2,097 stocks experiencing net inflows and 3,058 stocks seeing net outflows [3][4] - The mechanical equipment, home appliances, and automotive sectors saw the largest net inflows, amounting to 2.784 billion yuan, 2.456 billion yuan, and 415 million yuan respectively [4] Market Sentiment - Analysts suggest that the market may still be in an upward trend, but short-term catalysts appear to be lacking, leading to a potential consolidation phase [5] - The upcoming Central Economic Work Conference is expected to clarify policy directions for 2026, which could serve as a significant catalyst for market movements [4]

Group 1 - The Baltic Dry Index (BDI) has risen for 15 consecutive days, reaching a closing value of 2845 points on December 3, marking a 9.42% increase in a single day, the largest daily gain in nearly two months [5][6] - The cumulative increase of the BDI over this period is 40.15%, indicating a significant upward trend in dry bulk shipping rates [5] - Analysts from Changjiang Securities predict that the dry bulk shipping industry is at a turning point, with three main catalysts for demand: the production of the West Mundu iron ore mine, potential interest rate cuts by the Federal Reserve, and ongoing infrastructure projects [5] Group 2 - The average stock price increase for shipping and port concept stocks this year is 17.41%, with notable performers like Haixia Co., which has seen a stock price increase of 89.83% [7] - Institutional interest in Haixia Co. remains high, with 33 institutions conducting research on the company, while other companies like China Merchants Port have also attracted significant institutional attention [7] - The shipping industry is experiencing a recovery in performance, with companies like Antong Holdings and Jinjiang Shipping reporting net profits in the first three quarters that exceed their projected full-year profits for 2024 [8] Group 3 - Several shipping and port concept stocks are expected to see growth in their annual performance, with at least five institutions predicting an increase in net profits for 2025 [8][9] - Specific companies such as China Merchants Shipping, COSCO Shipping Energy, and Zhonggu Logistics are highlighted for their positive growth forecasts, with expected net profit growth rates ranging from 3.79% to 21.41% [9]

记者丨江佩佩 见习记者张嘉钰 编辑丨张楠 摩尔线程（代码688795）将于12月5日登陆科创板，发行价114.28元/股，为A股近一年来上市 新股最高。本次公开发行7000万股新股，均为新股，无老股转让，发行后总股本为4.7亿股。 按114.28元/股的发行价计算，该公司上市时总市值将达537亿元。 扣除发行费用后，预计此次 在科创板IPO的募集资金净额为75.76亿元，将是年内募资金额最高的科创板新股。 作为年内最贵新股，摩尔线程的潜在打新收益成为市场焦点。 据财联社，2025年至今，共12只新股登陆科创板，上市首日表现普遍较好，这些个股上市首日 最高价均较发行价翻倍，涨幅在143.96%—571.3%之间，平均涨幅270.39%。 截至12月4日A股收盘，摩尔线程概念持续走强，初灵信息、联美控股双双涨停，和而泰、盈 趣科技、大众公用、七匹狼、中科蓝讯、宏力达等跟涨。 | 部分摩尔线程直接或间接参股公司 | | --- | | 上市公司名称 | 简介 | | --- | --- | | 和而泰 | A股中唯一直接参股摩尔线程的上市公司,直接持有摩尔线 | | | 程1.244%的股份。同时,公司还承接GPU ...