12月11日午后，亚太股市呈现"先扬后抑"的剧烈反转，截至收盘日韩股市集体收跌，A股三大股指尾盘也加速下跌，创业板指、深证成指均跌超1%，沪指 跌0.7%，全市场超4300只个股下跌。泛消费、房地产、纺织服装、食品饮料等方向跌幅居前。 | 行情 | 资金净流入 | 涨跌分布 | | --- | --- | --- | | 上证指数 | 深证成指 | 北证50 | | 3873.32 | 13147.39 | 1443.17 | | -27.18 -0.70% -169.04 -1.27% +53.37 +3.84% | | | | 科创50 | 创业板指 | 万得全A | | 1325.83 | 3163.67 | 6219.38 | | -20.87 -1.55% -45.33 -1.41% -68.90 -1.10% | | | | 沪深300 | 中证500 | 中证A500 | | 4552.18 | 7082.89 | 5486.31 | | -39.64 -0.86% -73.10 -1.02% -46.28 -0.84% | | | | 中证1000 | 深证100 | 中证红利 | | 731 ...

记者丨江佩佩 编辑丨刘巷 12月11日午后，亚太股市呈现"先扬后抑"的剧烈反转， 截至收盘 日韩股市集体收跌，A股三大股指尾盘也加速下跌，创业板指、深证成指均跌 超1%，沪指跌0.7%，全市场超4300只个股下跌。泛消费、房地产、纺织服装、食品饮料等方向跌幅居前。 | 内地股票 [^ | | | | --- | --- | --- | | 行情 | 资金净流入 | 涨跌分布 | | 上证指数 | 深证成指 | 北证50 | | 3873.32 | 13147.39 | 1443.17 | | -27.18 -0.70% -169.04 -1.27% +53.37 +3.84% | | | | 科创50 | 创业板指 | 万得全A | | 1325.83 | 3163.67 | 6219.38 | | -20.87 -1.55% -45.33 -1.41% -68.90 -1.10% | | | | 沪深300 | 中证500 | 中证A500 | | 4552.18 | 7082.89 | 5486.31 | | -39.64 -0.86% -73.10 -1.02% -46.28 -0.84% | | | ...

Core Viewpoint - The successful IPO of Moore Threads, a leading domestic GPU company, marks a significant milestone in the high-end computing sector in China, with its stock price soaring dramatically on its debut, reflecting strong market interest in domestic technology firms [1][2]. Group 1: Company Performance - Moore Threads debuted on the STAR Market on December 5, with an initial price of 114.28 yuan, experiencing a staggering 468% increase on the first day, reaching a peak market capitalization of 277.6 billion yuan [1]. - As of midday trading on the same day, the stock price rose by 19.37% to 750 yuan, surpassing its initial high and achieving a total market value exceeding 352.5 billion yuan [1]. - The company plans to hold its first MUSA Developer Conference on December 19-20, where it will unveil its full-stack development strategy and new GPU architecture [1]. Group 2: Industry Context - The IPO of Moore Threads has ignited investment enthusiasm in the GPU sector, especially against the backdrop of NVIDIA and AMD dominating over 90% of the global high-end GPU market [2]. - The company aims to raise 8 billion yuan through its IPO, with funds allocated for various R&D projects, including AI training chips and graphics chips [2]. - Other domestic GPU companies, such as Nuxi Technology and Aonray Micro, are also in the process of going public, indicating a broader trend of increasing IPO activity in the tech sector [2][3]. Group 3: Market Outlook - The global GPU market is projected to reach 3.61 trillion yuan by 2029, with China's market expected to grow to 1.36 trillion yuan, increasing its share from 30.8% in 2024 to 37.8% by 2029 [3]. - Analysts suggest that domestic GPU companies will benefit from IPO fundraising to alleviate high R&D costs and enhance their technological capabilities, thereby improving the overall GPU industry ecosystem [3].

Group 1 - The core point of the news is the significant rise in the stock price of domestic GPU company Moer Technology, which surpassed 800 yuan, leading to a market capitalization exceeding 400 billion yuan [1] - The artificial intelligence (AI) industry chain showed a mixed performance, with AI ETF (515070) holdings such as Jingjia Microelectronics rising over 3%, while other stocks like Xinyi Technology, Zhongke Xintu, and Xiechuang Data also performed well [1] - The National Space Administration has established a Commercial Space Administration and is promoting the launch of the first "Space Computing Power Experimental Satellite" within the year, aimed at alleviating energy consumption and heat dissipation bottlenecks of ground data centers, providing space-level computing power support for AI supercomputing [1] Group 2 - On December 8, the optical communication sector experienced a surge, with CPO, optical chips, and optical module indices each rising over 5% in a single day, driven by the increasing demand for high-speed data transmission for AI model training and inference [1] - Zhongyin Securities pointed out that the demand for AI computing power is extending from the ground to space, forming an "air-ground-space integrated" computing network with commercial space and optical communication, suggesting a three-year high prosperity cycle for optical modules, optical chips, and space computing infrastructure [1] - The AI ETF (515070) tracks the CS AI Theme Index (930713), selecting component stocks that provide technology, basic resources, and application end stocks for AI, focusing on the midstream and upstream of the AI industry chain, known as the "robot brain" creators and "ground" of the Internet of Everything [2]

Market Overview - The Federal Reserve lowered interest rates by 25 basis points, aligning with market expectations, and raised the U.S. economic growth forecast[5] - The Dow Jones increased by 497 points or 1.05%, closing at 48,057 points, while the S&P 500 and Nasdaq rose by 0.68% and 0.33% respectively[9] - European markets showed mixed results, with the Stoxx 600 index slightly up by 0.07%[9] Commodity and Currency Insights - Crude oil futures rebounded, with NYMEX crude oil rising by 0.36% to $58.46 per barrel, and Brent crude up by 0.4% to $62.21 per barrel[26] - Gold prices increased due to the Fed's decision to purchase Treasury bills, while silver reached new highs[4] - The U.S. dollar index fell by 0.4% to 98.79, marking an 8.9% decline year-to-date[25] Stock Performance - GE Vernova's stock surged by 15.62% after announcing a dividend increase and optimistic long-term guidance, with revenue targets raised to $52.2 billion, a 16% increase from previous guidance[8] - In the A-share market, the Shanghai Composite Index fell by 0.23% to 3,900 points, while the Shenzhen Component rose by 0.29%[15] - The Hang Seng Index increased by 0.42%, ending a two-day decline, with significant gains in large tech stocks[11] Economic Indicators - The U.S. third-quarter employment cost growth reached its lowest level in over four years, indicating potential labor market stabilization[5] - The IMF raised China's economic growth forecast for this year to 5%[5] - The market anticipates at least two more rate cuts from the Fed next year, with a target rate midpoint of 3.4% for 2026[5]

今日早盘，A股三大指数涨跌不一，沪指震荡下跌，创业板指冲高回落，此前一度涨超1%。 黄白线分化，微盘股指数跌超1.5%。沪深两市半日成交额1.16万亿，较上个交易日放量206亿。全市场超4200只个股下跌。 个股方面， 有着"国产 GPU 第一股"之称的摩尔线程股价再度大涨，首次突破 800 元大关，再创上市以来新高，盘中最高价为878.78元/股， 截至午间收盘，市值突破 4000 亿元大关。 | C摩尔-U(688795) | | | | | 2 | Q | | --- | --- | --- | --- | --- | --- | --- | | 12-11 11:41:51 沪 科 融 成 | | | | | | | | 857.70 mairy: | | | | | | 查看所属板块 > | | 次新股 +122.70 +16.69% | | | | 百元股 | | | | +0.58% | | | | -0.56% | | | | 今 开 729.00 | | 最 高 | 878.78 | 成交量 | | 10.4万手 | | 昨 收 735.00 最低 | | | 701.33 | 成交额 | ...

摩尔线程市值一度突破4000亿元。 而就在昨日，另一家国产GPU热门公司沐曦股份也披露首次公开发行股票并在科创板上市发行结果。数据显示，沐曦股份网上投资者缴款认购的股份数量 为964.52万股，缴款认购的金额为10.09亿元，放弃认购数量为20349股，放弃认购金额为212.97万元；网下投资者缴款认购的股份数量为2282.91万股，缴 款认购的金额为23.89亿元，放弃认购数量为0股。 值得注意的是，数据显示，摩尔线程发行价为114.28元，沐曦股份发行价为104.66元/股，为年内科创板发行价最高的两只新股，亦为年内A股市场发行价 最高的两只新股。 A股电力设备板块掀起涨停潮 在国产GPU热潮的推动下，有着"国产GPU第一股"之称的摩尔线程股价再度大涨，首次突破800元大关，再创上市以来新高，盘中市值一度突破4000亿元 大关。 "国产GPU第一股"再大涨 股价突破800元 国产GPU在资本市场的热度继续。 今天上午，有着"国产GPU第一股"之称的摩尔线程股价进一步上涨，盘中首次突破800元大关，再创上市以来新高，盘中涨幅一度超过19%。 截至发稿，摩尔线程股价最高超过870元，这一价格较发行价的涨幅已超 ...

Market Overview - The Shanghai Composite Index closed at 3895.26, down 0.13%, while the Shenzhen Component Index rose by 0.12% to 13331.85. The Northbound 50 Index fell by 0.20% to 1386.97 [1] - The total trading volume reached 697.9 billion CNY, with a predicted increase to 1.85 trillion CNY, up by 58.8 billion CNY [1] - The sectors showing gains included power generation equipment, precious metals, and electrical grid, while real estate, retail, and internet sectors experienced fluctuations [1] Sector Performance - The electrical grid sector showed strong performance, with companies like Tongguang Cable achieving a 20% limit-up, and other firms such as Hancable and Zhongchao Holdings also hitting the limit-up [4] - Precious metal stocks continued to perform well, with Shanjin International rising over 8%, and other companies like Shengda Resources and Zijin Mining also seeing gains [7] Company Highlights - Tongguang Cable's stock price reached 12.01 CNY, marking a 19.98% increase with a trading volume of 54.02 million shares [5] - The stock of Moer Thread reached a new high of 800 CNY, increasing over 12%, with a total market capitalization of 383.073 billion CNY [11] - Moer Thread is set to hold its first MUSA Developer Conference on December 19-20, where it will unveil its next-generation GPU architecture and roadmap [13] Commodity Prices - The spot silver price increased by over 1%, reaching 62.76 USD per ounce, while the main silver futures contract surged by 4.16% to 14642 CNY per kilogram [8] - The gold price on COMEX rose by 1.02%, reaching 4268.0 USD per ounce, indicating a positive trend in precious metals [9] Future Outlook - The demand for the energy storage industry is expected to remain high through 2026, driven by global energy transition trends and significant project plans in major markets like the US, Europe, and China [6]

#行情 摩尔线程周四再涨10%，股价突破800元关口，总市值超3800亿元。外汇交易员 (@myfxtrader):#行情 摩尔线程股价站上700元关口，目前报718元，涨幅超14%。摩尔线程昨日预告称即将发布新一代GPU架构。 ...

首先，技术突破具有稀缺性，重塑市场估值逻辑。 截至12月10日收盘，摩尔线程股价报735元/股，总市值达3455亿元。这种"现象级"表现并非偶然，而是市场对国产GPU技 术突破的认可。 GPU行业是实打实的技术比拼，全球高端市场曾被国外巨头长期垄断。国产厂商要突围，必须在核心技术上撕开缺口。摩 尔线程的破局之道在于产业链协同，其与游戏开发商、工业软件企业共建优化方案，解决了应用迁移成本难题；沐曦股份则聚 焦AI场景，与国内主流框架企业、云计算厂商深度适配，让产品无缝接入大模型训练流程。两大GPU龙头受热捧，标志着硬科 技企业的估值逻辑已转向技术稀缺性。 其次，政策与市场形成合力，推动产业链加速发展。 ■李春莲 国产GPU（图形处理器）赛道持续升温。近期，摩尔线程智能科技（北京）股份有限公司（以下简称"摩尔线程"）登陆资 本市场，引发广泛关注。若以上市首日650元/股的开盘价计算，摩尔线程中一签可赚26.79万元。此外，沐曦集成电路（上海） 股份有限公司（以下简称"沐曦股份"）近日披露，网下申购倍数高达2227.6倍，超过摩尔线程创下的1572倍纪录，成为新的"打 新之王"。 笔者认为，两大GPU龙头受热捧，揭 ...