27日早盘，沪指盘中窄幅震荡，创业板指弱势下探，失守3300点；A股市场超2900股飘绿。 东莞证券表示，进入2026年，宏观政策围绕"十五五"规划开局部署，以财政金融协同扩大内需为主线， 在货币政策、财政政策、进出口调控与房地产市场等领域精准协同、综合发力，统筹短期稳增长与长期 育动能。随着结构性货币政策工具落地、财政补贴直达与地方细则实施，内需潜力有望持续释放， 为"十五五"起步之年实现经济质的有效提升与量的合理增长奠定坚实基础。板块选择方面，建议重点关 注红利、TMT、电力设备等板块。 截至午间收盘，沪指跌0.17%报4139.53点，深证成指跌0.68%，创业板指跌1.46%，沪深北三市合计成交 约1.6万亿元。 盘面上看，造纸、半导体、建材等板块走低，电力、煤炭、有色、钢铁、农业等板块拉升，算力、AI 应用、稀土概念等活跃。 ...

责任编辑：栎树 | 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | 最新 | | --- | --- | --- | --- | --- | --- | --- | | 688343 | 云天励飞-1 1 | | 20.00 | 396亿 | 44.93 | 110.26 | | 300846 | 首都在线 | 1 | 16.78 | 189亿 | 64.65 | 37.59 | | 300113 | 顺网科技 | | 12.00 | 203亿 | 46.69 | 29.69 | | 688316 | 青云科技-l | | 10.97 | 41.75 Z | 44.87 | 87.17 | | 301396 | 宏景科技 | | 10.76 | 162亿 | 59.52 | 105.76 | | 600602 | 云舞智联 | | 10.01 | 314Z | 22.90 | 22.97 | | 600498 | 烽火通信 | 1 | 10.01 | 700亿 | 60.69 | 51.55 | | 603887 | 城地香江 | | 10.01 | 105亿 | 29.29 | 17 ...

2月27日盘初，华为 算力 概念股集体拉升， 云天励飞、众诚科技涨超10%， 拓维信息涨停，首都在线 涨超9%，润和软件、软通动力、常山北明等跟涨。 | 代码 | 名称 | 涨幅 %▽ | 现价 | 主力净量 | | --- | --- | --- | --- | --- | | 920207 | 众诚科技 | +11.03% | 33.81 | 0.54 | | 002261 | 拓维信息 | +10.00% | 36.52 | 2.51 | | 300846 | 首都在线 | +9.20% | 35.15 | 0.91 | | 688201 | 信安世纪 | +8.92% | 17.09 | 0.07 | | 300339 | 润和软件 | +6.88% | 52.36 | 0.32 | | 301236 | 软通动力 | +5.03% | 49.68 | 0.22 | | 600633 | 浙数文化 | +4.91% | 14.73 | 0.39 | | 920493 | 并行科技 | +4.53% | 172.55 | 0.14 | | 000158 | 常山北明 | +4.39% | 21.15 | ...

Group 1 - A-shares showed mixed performance on February 26, with the ChiNext Index dropping over 1% at one point, while the Sci-Tech Innovation Board rose by 1.29%. Over 2800 stocks in the market declined [1] - The computing hardware sector led the gains, with strong performances from PCB, CPO, liquid cooling servers, and computing chip concepts. Notable stocks included ShenNan Circuit, Han's Laser, and Guanghe Technology, all hitting the daily limit [1] - The computing rental concept expanded its gains, with Runze Technology hitting the daily limit and closing up 17.7%. Other stocks like Zhongbei Communication and Huasheng Tiancheng also reached their daily limits [1] Group 2 - The power sector strengthened due to the AI wave, with Ganneng Co. achieving two consecutive limits and Huayin Power hitting the daily limit. The wind power sector also saw gains, with stocks like Xinqianglian and Dajin Heavy Industry rising significantly [2] - The commercial aerospace sector experienced a surge, with stocks like Chunhui Zhikong hitting a 20% limit and many others seeing substantial increases [2] - Conversely, the film and insurance sectors faced declines, with the film industry continuing to adjust, leading to significant drops in stocks like Bona Film and Hengdian Film [2] Group 3 - In the Hong Kong market, the Hang Seng Index fell over 0.8%, and the Hang Seng Tech Index dropped over 2% [3] - Tech stocks in Hong Kong collectively declined, with companies like Hua Hong Semiconductor and Xpeng Motors dropping over 4%, while Baidu and Kuaishou fell over 3% [4] Group 4 - The Asia-Pacific market saw the Nikkei 225 index rise by 0.29%, closing at 58753.39 points, while the KOSPI index increased by 3.67%, reaching a new historical high of 6307.32 points [6]

消息面上，2月25日，英伟达展示了下一代Vera Rubin算力系统的内部构成与供应链细节。该机架集成72颗Rubin图 形处理单元（GPU）和36颗Vera中央处理器（CPU），整套系统共含130万个组件。 | 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | 最新 | | --- | --- | --- | --- | --- | --- | --- | | 301536 | 星宸科技 | 1 | 16.41 | 358亿 | 41.65 | 84.86 | | 300442 | 润泽科技 | 1 | 15.90 | 1644亿 | 90.53 | 100.60 | | 001339 | 智微智能 | | 10.01 | 149亿 | 15.71 | 59.14 | | 300394 | 天孚通信 | 1 | 9.37 | 2904亿 | 83.97 | 373.51 | | 300167 | ST通威迅 | -澳 | 9.01 | 23.09亿 | 19.80 | 5.93 | | 688685 | 迈信林 | 1 | 8.98 | 76.60亿 | -5.98 | 52.16 | ...

Group 1 - The A-share market saw a significant rise in computing power concept stocks, with notable increases in companies such as Xingchen Technology (up over 16%) and Runze Technology (up over 15%) [1] - Nvidia showcased the internal structure and supply chain details of its next-generation Vera Rubin computing power system, which integrates 72 Rubin GPUs and 36 Vera CPUs, totaling 1.3 million components [1] Group 2 - The stock performance of key companies includes: - Xingchen Technology with a market cap of 35.8 billion and a year-to-date increase of 84.86% [2] - Runze Technology with a market cap of 164.4 billion and a year-to-date increase of 100.60% [2] - Zhiwei Intelligent with a market cap of 14.9 billion and a year-to-date increase of 59.14% [2] - Tianfu Communication with a market cap of 290.4 billion and a year-to-date increase of 373.51% [2] - Other companies like Mai Xinlin, Zhongbei Communication, and Fenghuo Communication also showed significant gains [2]

经济观察网东方国信（300166）(300166.SZ)股价近期出现大幅波动，主要受业绩巨亏与算力转型预期 强烈反差、市场传闻与监管关注、以及技术面和资金面多重因素影响。 业绩经营情况公司于2026年1月30日发布2025年业绩预告，预计归母净利润亏损1.5亿至2亿元，扣非净 利润亏损1.75亿至2.32亿元，为上市15年来首次年度亏损。但市场解读亏损主因为战略投入的会计代 价：内蒙古智算中心项目集中转固后，单季度折旧超8000万元，叠加研发费用同比增长28%，而非主营 业务恶化。同期，公司传统大数据业务基本盘稳定(2025年前三季度营收仅同比下滑3.73%)，且经营性 现金流预计达5.2亿至5.8亿元，连续12年为正。这种"阶段性亏损"与算力业务增长潜力的认知差，成为 股价博弈的核心。 机构观点2026年2月9日至10日，华福计算机团队称公司内蒙古智算中心在手订单超240MW，若全部交 付可带来年营收约12亿元(相当于2025年营收的60%)，市场传闻大客户为字节跳动。2月上旬，信达证券 （601059）首次覆盖并给出"买入"评级，指出公司通过控股视拓云整合近4万张GPU卡，服务超70万C 端用户，在A股算 ...

Market Overview - On February 12, the A-share market saw all three major indices rise, with a total market turnover of 2.16 trillion yuan, an increase of 159.7 billion yuan compared to the previous trading day [1] - Market hotspots focused on computing power concepts, liquid cooling concepts, power equipment, and CPO concepts, while the film and cultural media sectors declined [1] Stock Performance - A total of 60 stocks hit the daily limit up, with 17 stocks on consecutive limit up, and 19 stocks failed to hit the limit, resulting in a limit up rate of 76% (excluding ST and delisted stocks) [3] - Notable stocks included: - Dazhi Technology (4 consecutive limit up) [4] - Zhangyue Technology (4 consecutive limit up) [4] - Yabo Co., Ltd. (4 consecutive limit up) [4] - Decai Co., Ltd. (4 consecutive limit up) [4] Key Stocks - Key stocks with significant performance included: - Zhangyue Technology: Price 34.20 yuan, +10.00%, 4 consecutive limit up [5] - Dazhi Technology: Price 13.86 yuan, +10.00%, 4 consecutive limit up [5] - Yabo Co., Ltd.: Price 2.62 yuan, +10.08%, 4 consecutive limit up [5] - Decai Co., Ltd.: Price 67.36 yuan, +9.99%, 4 consecutive limit up [5] Institutional Activity - The top three net buying stocks on the daily leaderboard were: - Liou Co., Ltd.: Net buy of 1.29 billion yuan [7] - Yingweike: Net buy of 934 million yuan [7] - Zhongcai Technology: Net buy of 552 million yuan [7] - The top three net selling stocks were: - Zhongwen Online: Net sell of 234 million yuan [9] - Aerospace Engineering: Net sell of 186 million yuan [9] - Sanbian Technology: Net sell of 154 million yuan [9] Sector Analysis - The liquid cooling sector was notably active, driven by the strong performance of suppliers like Vertiv, which saw a significant stock price increase [13] - Zhongcai Technology reported a projected net profit increase of 73.79% to 118.64% for the upcoming fiscal year, benefiting from the demand for AI computing hardware [14] Cultural Media Sector - The cultural media sector experienced a decline, with stocks like Huayi Brothers and Bona Film Group hitting the daily limit down, impacting Zhongwen Online significantly [21] - Zhongwen Online had previously seen a cumulative increase of 29.64% over the last five trading days, leading to a technical correction [21]

Core Viewpoint - The company, Tongzhou Electronics, is experiencing significant growth in its revenue and profit, primarily driven by its focus on high-power power supply products and lithium-ion battery business, while also benefiting from the depreciation of the RMB [2][3][8]. Group 1: Company Overview - Tongzhou Electronics is located in Shenzhen, Guangdong Province, and was established on February 3, 1994. It was listed on June 27, 2006 [7]. - The company's main business includes the research, development, manufacturing, and sales of broadcasting intelligent devices and lithium-ion batteries. The revenue composition is as follows: high-power power supply business 90.23%, trade business 4.47%, battery business 3.73%, and others 1.03% [7]. - As of January 20, the number of shareholders is 54,700, an increase of 2.49% from the previous period, with an average of 12,604 circulating shares per person, a decrease of 2.43% [7]. Group 2: Financial Performance - For the period from January to September 2025, the company achieved a revenue of 657 million yuan, representing a year-on-year growth of 176.75%. The net profit attributable to the parent company was 232 million yuan, with a year-on-year increase of 1724.48% [8]. - The company's overseas revenue accounted for 79.72%, benefiting from the depreciation of the RMB [3]. Group 3: Business Segments - The company's main business is divided into two segments: the energy sector, which includes high-power power supply products, lithium batteries, and electric vehicle battery swap services, and the new energy lithium-ion battery business, which focuses on technology research, production, and sales [2][3]. - The company has made investments in the Internet of Things (IoT) sector, providing solutions for smart parks and communities [2].

算力概念强势拉升，CPO表现活跃。消息面上，CPO加速推进，Lumentum最新表示公司已获得CPO相 关的数亿美元订单，预计2026Q4 CPO营收约5000万美元，2027年上半年将迎来爆发。此外，国务院国 资委日前提出，中央企业要强化投资牵引，积极扩大算力有效投资，推进"算力+电力"协同发展，提升 全链条数据治理能力，不断夯实人工智能产业基础底座。 长江证券指出，千问App"春节30亿免单"活动期间多次出现宕机，凸显阿里等头部AI厂商当前算力资源 已处于紧平衡状态；随着春节期间全民级AI互动频次激增，推理端tokens调用量呈指数级攀升，大厂算 力采购意愿和Capex投入强度有望显著提升，算力基础设施建设正迎来确定性加速窗口。 截至2026年2月12日 13:55，中证云计算与大数据主题指数(930851)强势上涨2.45%，成分股网宿科技上 涨11.20%，东方国信上涨9.86%，科华数据上涨7.91%，万兴科技，曙光数创等个股跟涨。云计算ETF鹏 华(159739)上涨2.22%，最新价报1.8元。 云计算ETF鹏华紧密跟踪中证云计算与大数据主题指数，中证云计算与大数据主题指数选取50只业务涉 及提 ...