2月24日，A股三大指数延续涨势，上证指数涨0.72%，全市场成交额近2.5万亿元，较昨日放量超2600亿元，超3700只个股收红。板块题材上，小金属、磷 化工、钢铁、稀土永磁、电池、PCB、房地产、PET铜箔、港口航运板块涨幅居前，影视院线、银行、算力租赁、游戏板块跌幅居前；港股高开震荡，盘面 热点轮动较快，非银金融板块活跃。 截至收盘，中证A500指数上涨1%，沪深300指数上涨0.6%，创业板指数上涨1.4%，上证科创板50成份指数上涨0.5%，恒生中国企业指数上涨0.3%。 | 沪深300指数由沪深市场中规 | 令日 | 该指数 | | --- | --- | --- | | 模大、流动性好的300只股票 | 沪深300指数涨跌 | 滚动市盈率 | | 组成,完整覆盖11个中证一级 行业 | 0. 6% | 14.2倍 | | 中证A500指数由各行业市值较 | マ日 | 该指数 | | 大、流动性较好的500只证券 | 中证A500指数涨跌 | 滚动市盈率 | | 组成,覆盖93个三级行业中的 | | | | 89个 | 1.0% | 17.4倍 | 跟踪上证科创板50成份指数 该指数由科创板中市值 ...

东莞证券表示，PCB产业链高景气有望持续。结合前期业绩预告披露情况，PCB产业链2025年业绩实现 高速增长，一方面受益于下游AI算力需求持续增长，另一方面AI驱动PCB往高性能、高密度方向升级， 高多层板、高阶HDI等高价值量产品需求加大，同时也带动了高端覆铜板材料、钻针耗材及设备等环节 增长。 大族数控（301200）(03200)涨超6%，截至发稿，涨6.55%，报128.6港元，成交额1.63亿港元。 消息面上，第一上海指出，AI算力基建加码，全球PCB设备龙头迎发展机遇。公司紧抓行业成长机遇， 针对Rubin及后续AI PCB产品中，双侧HDI板所用M9、Q布材料对超快激光加工的技术需求，公司旗下 超快激光钻机具备显著卡位优势；目前公司已与下游主流厂商开展合作验证，与多数厂商完成送样，部 分厂商验证进程推进较快，其中M9方案配套的激光钻机已通过英伟达认证，该产品预计2026年实现批 量发货。 ...

Group 1 - The core viewpoint of the article highlights that Dazhu CNC (03200) has seen a significant increase in stock price, rising over 6% to 128.6 HKD, with a trading volume of 163 million HKD, indicating strong market interest [1] - First Shanghai points out that the AI computing power infrastructure is being strengthened, presenting development opportunities for global PCB equipment leaders. The company is seizing industry growth opportunities, particularly in the AI PCB product segment [1] - The company has a notable competitive advantage with its ultra-fast laser drilling machines, which are essential for the M9 and Q fabric materials used in double-sided HDI boards. Collaborations with mainstream downstream manufacturers are underway, with some validation processes progressing rapidly [1] Group 2 - Dongguan Securities indicates that the PCB industry chain is expected to maintain high prosperity. The industry is projected to achieve rapid growth in 2025, driven by sustained demand for AI computing power and the upgrade of PCBs towards high-performance and high-density products [1] - The demand for high-value products such as high-layer boards and advanced HDI is increasing, which in turn is boosting growth in high-end copper-clad materials, drilling consumables, and equipment segments [1]

Market Overview - On February 25, A-shares saw all three major indices rise by over 1%, with the Sci-Tech Innovation Index increasing by nearly 0.7%, and nearly 4,000 stocks in the market experiencing gains [9][10] - The total trading volume reached 1.45 trillion yuan, with a significant increase of 102.9 billion yuan compared to the previous day [10] Sector Performance - The fertilizer and pesticide sector experienced a surge, with stocks like Chuanjinnuo hitting the daily limit, and other companies such as Chitianhua and Yuntianhua also seeing significant gains due to rising prices of urea, potassium sulfate compound fertilizer, and monoammonium phosphate [10][11] - Shipping stocks collectively strengthened, with China Merchants Energy achieving a historical high, and other companies like COSCO Shipping Energy and COSCO Shipping Development also rising, driven by a spike in oil tanker spot freight rates reaching a nearly six-year high [11][12] - Lithium battery concept stocks saw substantial increases, with Hanrui Cobalt rising over 11%, and other companies like Wenkang New Energy and Nord Shares also performing well, as lithium carbonate futures broke through the 170,000 yuan mark, marking a significant daily increase of over 10% [12] International Market Trends - The Nikkei 225 index in Japan rose by 1.4%, reaching a historical high, while the Korean Composite Stock Price Index expanded its gains to 2%, also hitting a historical high, with automotive stocks like Kia and Hyundai seeing significant increases [14] - International gold and silver prices surged, with spot silver rising over 3% and spot gold briefly surpassing 5,190 USD per ounce [14][15]

港股上市有助于公司把握PCB行业黄金发展机 遇，3D打印业务将成公司新增长点；公司在国内 石化领域市占率非常领先，海外业务主要聚焦于 "一带一路"沿线国家——0224调研日报 2026/02/24 16:27 今日内容： 大族激光：港股上市有助于公司把握PCB行业黄金发展机遇，3D打印业务将成 公司新增长点 中密控股：公司在国内石化领域市占率非常领先，海外业务主要聚焦于"一带一 路"沿线国家 【公司在国内石化领域市占率非常领先】 在公司的业务布局中，石化领域是当前产品的主要应用方向。目前，国内中高端机械密封存 量市场规模约为60亿~70亿元人民币，其中石化相关领域的存量业务占比约25%。我们目前在 国内石化领域存量市场的市占率约为20%出头，在近几年国内石化领域增量市场大项目中， 公司市占率可达60%~70%。随着既有增量业务逐步转化为存量，未来在石化领域存量市场份 额仍有提升潜力。 【公司的产品客户粘性很高】 由于机械密封产品的价值量在项目总投资额中占比较低，而密封产品又对装置的安全运行起 到很大的作用，客户的粘性很高，所以只要密封产品运行稳定、使用没有出现重大问题，客 户通常不会更换在运行装置的密封产品供 ...

每经AI快讯，有投资者在投资者互动平台提问：董秘您好，请简要分析一下今年行业需求与贵司相关 业务可否延续去年供不应求状态；目前贵司FCBGA封装基板业务与相关客户的验测状况是否顺利，今 年可否扭亏为盈？最后一个问题，目前最新股东人数是多少？感谢董秘！ 兴森科技（002436.SZ）2月24日在投资者互动平台表示，尊敬的投资者，您好！2025年以来全球PCB行 业仍延续结构分化的复苏态势，AI产业仍为主要驱动力。根据Prismark报告，预计2025年全球PCB行业 的产值为848.91亿美元、同比增长15.4%。公司CSP封装基板业务行业整体需求较好，后期公司将根据 市场需求情况适时启动扩产。公司FCBGA封装基板业务市场拓展、客户认证均按计划稳步推进中，具 体业务情况请关注公司定期报告。截至2026年2月10日，公司股东总户数为十二万七千余户。感谢您的 关注。 （文章来源：每日经济新闻） ...

一般在 A 股春节休市期间，外围走势都偏好，但一开市，就开始砸盘，港股也是如此，今天跌 1.82％ ，A 股整体还好，顶住了压力，但跳空缺口也是较大隐忧。 梳理一下港股春节的表现：首先炒了机器人，如越疆(02432)大涨了近 24％ ，不过，两天就打回了原 形。原因是春晚机器人虽然比上一次进步了很多，但更多的是带表演性质，都是按照固定的程序在走， 而离真正的进入 C 端，还差老远，大脑不解决，始终还无法大规模进入家庭。这需要时间，因此热闹 之后回归理性，砸盘就变成必然。再是大模型的智谱(02513)，其新一代旗舰模型 GLM-5 确实给力，极 大拉小了和 Claude Opus 4.6 之间的距离，还有一个MINIMAX-WP(00100)：MiniMax M2.5 以 2.45 万亿 token 空降榜首。这都是硬实力，在调整一天后今天继续上涨。 2 月 20 日，美国最高法院裁决，美国政府援引《国际紧急经济权力法》（IEEPA）所实施的关税措施， 缺乏明确法律授权。宣布终止一系列关税措施。美国政府不可能就这样暂停，最新应对是援引《1974 年贸易法》第 122 条，特朗普 21 日宣布对输美商品征收的 " ...

Group 1 - The strong demand for AI is driving both price and volume increases in the PCB industry, with several AI-PCB companies experiencing robust orders and full production capacity, leading to significant growth in performance [1] - The demand for AI copper-clad laminates is high, and due to slow expansion of overseas production, leading manufacturers in this sector are expected to benefit positively [1] - The PCB industry is showing an "accelerating upward" trend, with increasing tension in the supply of copper-clad laminates, maintaining a high level of industry prosperity [1] Group 2 - The Guotai New Materials ETF (159761) tracks the New Materials Index (H30597), which includes listed companies involved in advanced basic materials, key strategic materials, and cutting-edge new materials, reflecting the overall performance of securities in the new materials sector [1] - The index components possess high technical barriers and good growth potential, focusing on industries such as chemicals, non-ferrous metals, and electronics [1]

马年首个交易日，A股三大指数集体走高，沪指涨0.87%，深证成指涨1.36%，创业板指涨0.99%。超4000股上涨，超百股涨 停。油气开采、贵金属（核心股）、培育钻石（核心股）等板块上涨；影视（核心股）院线、AI应用、旅游及酒店、白 酒、免税店下跌。 龙虎榜单日净买入额前三为华工科技、深南电路、湖南白银（核心股），分别为5.23亿元、4.21亿元、3.44亿元。 个股方面，并购重组的韩建河山9天5板、豫能控股4连板，光伏（核心股）板块协鑫集成9天5板，化工（核心股）板块美邦 股份4连板，AI应用的风语筑6天4板，汉缆股份3连板，招商轮船、中远海能等3天2板，长飞光纤、深南电路等涨停。 | 代码 | 名称 | 价格 | 涨跌 | | 涨幅� 换手% 几天几板I2 ... | 成交额 | 成交量 涨停分析 | | --- | --- | --- | --- | --- | --- | --- | --- | | 300157 | 新锦动力 | 6.76 | +1.13 | +20.07% | 17.42% 自板张停 | 7.9617. | 123.3万 出缩机+绿蒸氨 | | 300164 | 通源白祖 | 1 ...

Market Performance - On February 24, A-shares saw all three major indices rise by over 1%, with more than 4,200 stocks gaining [1] - The Shanghai Composite Index increased by 1.17% to 4,129.78 points, the Shenzhen Component Index rose by 1.82%, and the ChiNext Index climbed by 1.76% [2] - The total trading volume for A-shares reached 1.52 trillion yuan, with a predicted increase to 2.35 trillion yuan, up by 354.2 billion yuan [2] Sector Performance - Resource stocks, particularly oil and gas, led the market rally, with significant gains in companies like Tongyuan Petroleum and CNOOC Services, among others [2] - AI-related stocks experienced a substantial pullback, with companies like Seedance and DeepSeek seeing declines [4] - The film and cinema sector faced a sharp decline, with major players like Light Media and China Film hitting their daily limit down [4] Hardware and Technology - Demand driven by AI has led to strong performance in computing hardware stocks, with companies like Longfly Fiber achieving new historical highs [3] - Other notable gainers in the computing hardware sector included Tianfu Communication and Zhongji Xuchuang [3] Overall Market Sentiment - The market sentiment was influenced by concerns over Trump's tariff policies and escalating tensions in the Middle East, contributing to the rise in resource cycle stocks [2]