港股今日高开低走，三大指数全天震荡下行，恒科指尾盘一度跌超1%。截止收盘，恒生指数跌0.6%或 153.12点，报25343.43点，全日成交额为2676.47亿港元；恒生国企指数跌0.64%，报9050.02点；恒生科 技指数跌0.78%，报5683.74点。 浙商国际指出，港股市场基本面仍偏弱，资金面环境进一步改善，政策面聚焦产业"反内卷"，情绪面被 强劲的市场表现带动。当下港股市场周月线级别趋势已进入右侧区间，对于后续走势，即使短期行情有 波折，仍不建议过度悲观。该行对于中短期市场走势继续保持谨慎乐观的态度。 盘面上，大型科技股涨跌互现，百度涨2.79%，京东涨近1%，阿里跌0.45%。外资密集举牌中国创新药 企，创新药概念延续近期涨势，和铂医药涨超9%；避险情绪及降息预期刺激金价创新高，黄金股普遍 活跃；机器人概念股走势分化，微创机器人大涨超13%，首程控股追加投资松延动力，股价涨近6%； 互联网医疗、有色、光伏等多数向好。另一边，军工股、券商股、啤酒股等跌幅居前。 1. 创新药延续近期涨势。截至收盘，药明合联(02268)涨9.3%，报67元；和铂医药-B(02142)涨9.16%，报 16.08港 ...

盘面上，大型科技股涨跌互现，百度涨2.79%，京东涨近1%，阿里跌0.45%。外资密集举牌中国创新药 企，创新药概念延续近期涨势，和铂医药涨超9%；避险情绪及降息预期刺激金价创新高，黄金股普遍 活跃；机器人概念股走势分化，微创机器人大涨超13%，首程控股追加投资松延动力，股价涨近6%； 互联网医疗、有色、光伏等多数向好。另一边，军工股、券商股、啤酒股等跌幅居前。 1. 创新药延续近期涨势。截至收盘，药明合联(02268)涨9.3%，报67元；和铂医药-B(02142)涨9.16%，报 16.08港元；恒瑞医药(01276)涨8.32%，报87.2港元；四环医药(00460)涨8%，报1.62港元。 近期，外资密集举牌中国创新药企。根据香港联交所披露文件，8月29日，新加坡政府投资公司(GIC)增 持和铂医药4022.2万股普通股股份，每股均价12.7133港元，价值约5.11亿港元。增持后，新加坡政府投 资公司最新持股数目为5,397.7万股股份，好仓比例由1.62%升至6.37%。此前8月18日，GIC用6.35亿港 元买入基石药业8040万股，持股升至5.49%；8月26日，贝莱德举牌三生制药，持股比例达 ...

Group 1 - The core viewpoint of the articles highlights the significant increase in the stock price of Changfei Fiber Optics, with a rise of over 10% and a trading volume of 2.416 billion HKD, driven by the surge in capital expenditure for AI data centers and the anticipated demand for low-loss optical fibers like hollow-core fibers [1] - According to Zhongtai Securities, hollow-core fibers, which use air as the transmission medium, are expected to become a major product for AI data center interconnections due to their lower latency and loss characteristics, with a projected compound annual growth rate of 56.52% over the next six years [1] - The first commercial use of hollow-core fibers by China Mobile in July 2025 may accelerate the commercialization process, with Changfei Fiber Optics being the sole bidder at an actual bid price of approximately 36,000 CNY per core kilometer [1] Group 2 - Changfei Fiber Optics recently announced that fiber optic products related to data centers account for a small proportion of global demand, and hollow-core fibers have not yet achieved scale sales or stable pricing and profit levels, indicating significant uncertainty in future applications and business development [2] - The hollow-core fiber business has not yet had a noticeable impact on the company's financial data [2] - DBS has downgraded the rating of Changfei Fiber Optics from "Buy" to "Fully Valued," raising the target price from 20.2 HKD to 40.3 HKD, citing that the stock price has tripled in the past six months and that the market's reaction to the company's development may be excessive [2]

Core Viewpoint - The stock price of Changfei Optical Fiber and Cable (06869) has surged over 10%, driven by increased capital expenditure in AI data centers and the anticipated rise in demand for low-loss optical fibers such as multimode and hollow-core fibers [1] Company Summary - As of the latest report, Changfei Optical Fiber's stock rose by 10.05% to HKD 49.5, with a trading volume of HKD 2.416 billion [1] - The company is the sole winner of a bid for the first commercial hollow-core fiber project by China Mobile, with a bid price of approximately CNY 36,000 per core kilometer [1] - The recent announcement indicates that products related to data centers currently represent a small proportion of global optical fiber demand, and hollow-core fiber is still in the early stages of commercialization [1] Industry Summary - AI data center capital expenditures are expected to increase significantly, leading to a rapid rise in the use of low-loss optical fibers [1] - Hollow-core fiber, which uses air as a transmission medium, is projected to have a compound annual growth rate (CAGR) of 56.52% over the next six years [1] - The commercialization of hollow-core fiber is anticipated to accelerate with the first commercial deployment by China Mobile in July 2025 [1] - There is considerable uncertainty regarding the future applications and business development of hollow-core fiber, as it has not yet formed stable pricing or profit levels [1]

8月29日，长飞光纤（601869）再度拉升涨停，截至收盘，报91.25元/股。最近5个交易日，公司收获4个涨停板。 针对空芯光纤相关业务，8月29日，长飞光纤相关人士对上海证券报记者表示，空芯光纤是新产品，目前不确定性比较大。 公司此前表示，与数据中心相关的光纤光缆产品占全球光纤光缆需求总量的比例较小。其中，空芯光纤作为行业前沿产品，其应用目前仍处于早期阶段， 尚未形成规模销售、尚未形成稳定的价格及利润水平，而后续业务发展也有待于产业链的进一步成熟。 长飞光纤2025年上半年业绩快报显示，上半年，公司实现营收63.84亿元，同比增长19.37%；归母净利润2.96亿元，同比下降21.69%；扣非净利润1.38亿 元，同比增长15%。 空芯光纤概念热度持续 此前，长飞光纤曾发布股票交易异常波动公告称，近期市场对算力数据中心相关光纤光缆产品，尤其是空芯光纤关注度较高。目前，空芯光纤相关业务尚 未对公司财务数据产生明显影响，敬请广大投资者注意投资风险，理性决策，审慎投资。 长飞光纤是全球领先的光纤预制棒、光纤、光缆及综合解决方案提供商，主要生产和销售通信行业广泛采用的各种标准规格的光纤预制棒、光纤、光缆， 基于客 ...