| 名称 | 涨跌幅 | 成交额 ▼ | 年初至今 | | --- | --- | --- | --- | | 中村国际 | 17.45% | 271.19亿 | 26.00% | | 北方稀土 | 5.01% | 260.39亿 | 164.89% | | 寒武纪-U | 15.73% | 260.24亿 | 141.32% | | 新易盛 | 15.12% | 240.00亿 | 331.68% | | 胜宏科技 | 19.59% | 232.74亿 | 517.85% | | 东方财富 | 2.76% | 203.00亿 | 8.61% | | 中际旭创 | 10.44% | 201.17亿 | 191.86% | | 田灣洲 | 7.53% | 162.86 Z | 19.68% | | 工业富联 | 7.04% | 162.67 亿 | 132.09% | | 海肥未来 | 6.80% | 137.75亿 | 37.02% | 并且和昨天相似，随着"寒王"正式登上A股股价之巅，今天盘中科技主线又成了逆势领涨的一方。你认为 这是什么信号呢？ 寒武纪晋升"股王" 每日经济新闻消息，8月28日，市场午后V ...

Market Performance - The market experienced a V-shaped rebound on August 28, with the ChiNext Index leading the gains, and the STAR 50 Index rising over 7% [2] - The Shanghai Composite Index rose by 1.14%, the Shenzhen Component Index increased by 2.25%, and the ChiNext Index surged by 3.82% [2] - Over 2,800 stocks in the market saw an increase, with total trading volume in the Shanghai and Shenzhen markets reaching 2.97 trillion yuan, a decrease of 194.8 billion yuan from the previous trading day [2] Sector Performance - The CPO, semiconductor, copper foil, and PCB sectors showed the highest gains, while agriculture, weight loss drugs, clothing, and liquor sectors experienced declines [2] Notable Stocks - Key stocks such as Cambricon, SMIC, and others reached historical highs, with Cambricon being referred to as the "king of stocks" [6][9] - Notable stock performances included: - SMIC: +17.45%, trading volume of 27.119 billion yuan, year-to-date increase of 26.00% [5] - Cambricon: +15.73%, trading volume of 26.024 billion yuan, year-to-date increase of 141.32% [5] - NewEase: +15.12%, trading volume of 24 billion yuan, year-to-date increase of 331.68% [5] - Other significant performers included Northern Rare Earth, Shenghong Technology, and Industrial Fulian [5] Market Sentiment - The technology sector was the main driver of the market's recovery, with multiple tech stocks reaching historical highs [6] - Analysts suggest that the rise of Cambricon above Kweichow Moutai may signal a shift in market sentiment towards technology stocks [6][9] Policy and Industry Outlook - Recent government policies, including the "Artificial Intelligence+" initiative, are seen as favorable for the technology sector [9] - The global demand for AI computing power is increasing, which is expected to boost the demand for advanced process chips [9] - Analysts predict that domestic chip suppliers and related industries will benefit from increased procurement and usage of domestic chips by large model development companies and internet platforms [9]

Group 1 - The digital economy sector is experiencing growth, with the digital economy ETF (560800) rising by 1.55% as of 10:00 AM on August 28, 2023 [1] - Key stocks in the digital economy include SMIC, which increased by 8.46%, and Northern Huachuang, which rose by 3.67% [1] - Leading companies in the optical module sector have reported continued growth in their performance for the first half of 2025, driven by increased AI infrastructure investments from both domestic and overseas cloud service providers [1] Group 2 - The capital expenditure in the computing power industry is intensifying, with major CSPs clearly shifting their investments towards AI computing power [2] - The Zhongzheng Digital Economy Theme Index (931582) includes core assets of the digital economy industry, reflecting the potential for high-quality development and self-controllable industrial chains [2] - The Pengyang Digital Economy ETF (560800) is highlighted as the first market fund tracking this index, providing good liquidity for investors [2]

8月28日开盘，受昨晚"AI总龙头"英伟达财报提振，通信ETF（515880）涨超2%，资金积极布局，连续 4日净流入超7亿元。 "AI总龙头"英伟达财报披露，算力板块景气持续 消息面，当地时间8月27日美股盘后，英伟达发布截至7月27日的2026财年第二财季财报，期内实现营收 467.43亿美元，同比上涨56%，高于市场预期的461亿美元。 此前，根据海内外云服务商的Q2财报，资本开支增速维持在高位。此外，根据高盛最新走访硅谷的调 研，整体来看AI企业和风险投资人的情绪非常乐观，并认为企业级生成式AI的采用率将持续上升，部 分人士表明2026年或将迎来采用率的快速增长。所以，虽然近期我们看到，大语言模型的训练端进展似 有放缓，如Llama4和GPT-5发布的延迟等，但应用/推理侧的繁荣仍足以支持行业的高景气。 AI景气上行，光模块值得关注。虽然市场上现在还没有"纯元"光模块ETF，但是聪明的资金已经纷纷用 脚投票，涌向 "甄嬛"通信ETF（515880）。截至8月27日，通信ETF规模突破70亿元，过去10个交易日 净流入资金超16亿元。 通信板块驱动明确，关注通信ETF（515880） 在投资逻辑层面，通 ...

Group 1 - A-shares experienced fluctuations with semiconductor and small metal sectors performing well, while software development, consumer electronics, shipbuilding, and auto parts sectors lagged [1] - There is a notable shift of household savings towards capital markets, creating a continuous source of incremental funds [1] - The overall profit growth expectation for A-share listed companies is projected to turn positive by 2025, ending a four-year decline, with significant profit elasticity in the technology innovation sector [1] Group 2 - The A-share market saw a pullback in the afternoon, with market focus on computing power and chip sectors, while individual stocks showed more declines than gains [2] - Domestic broad fiscal spending has significantly increased, with upcoming policies aimed at boosting consumption and stabilizing infrastructure expected to play a key role in supporting domestic demand and confidence [2] - Since the end of June, the market has accumulated substantial gains, and there may be a need for consolidation due to the accelerated upward slope of recent increases [2]

8月27日，国产算力龙头寒武纪盘中股价一度超越贵州茅台，成为市场热议的焦点。然而，午后，寒武 纪、新易盛等算力热门股集体回落，让热情高涨的市场有所降温。 在经历了大幅上涨后，作为AI产业"卖铲人"的算力赛道能否持续高景气度？基金经理普遍认为，"卖铲 人"的长周期逻辑依然稳固，但AI行情可能进一步向云计算、应用、端侧等扩散。 人民财讯8月28日电，在业绩与政策双轮驱动下，AI算力板块再度站上风口。 ...

Group 1 - The core viewpoint of the forum is that the current market exhibits a "high growth narrative," where industries with high growth potential are performing exceptionally well [2][3] - The macroeconomic factors driving the recent recovery in equity assets include narrow liquidity easing and the appreciation of the RMB against the USD, with the central bank having implemented two reserve requirement ratio cuts since September 2024 [2][3] - The market has shown a significant increase, with the Wind Micro Index rising over 56% year-to-date, outperforming major indices such as the Shanghai Composite Index and Shenzhen Component Index [4] Group 2 - The market trend continues to favor small-cap stocks, reflecting a diverse industrial landscape [5] - The outlook for the A-share market is optimistic, with limited downside risks due to central bank support and increasing insurance fund allocations [5] - Investment opportunities are concentrated in four key areas: non-bank financials, A-share and Hong Kong real estate chains, overseas computing power chains and innovative pharmaceuticals, as well as domestic AI infrastructure and applications [5]

Core Viewpoint - The recent market trend is characterized by a "high growth narrative," where industries or sectors with high growth potential are performing exceptionally well [1][2]. Group 1: Macroeconomic Analysis - The recent rally in A-shares is driven by factors such as narrow liquidity easing and the appreciation of the RMB against the USD [1]. - Since September 2024, the central bank has implemented two reserve requirement ratio cuts, contributing to a relatively loose narrow liquidity environment [1]. - The depreciation of the USD since April has led to a favorable performance of emerging market currencies, with the RMB showing a one-sided upward trend against the USD [1][2]. Group 2: Market Trends and Asset Performance - As of August 27, the Wind micro-index has surged over 56% this year, outperforming major indices like the Shanghai Composite Index and Shenzhen Component Index [2]. - The trend of small-cap stocks outperforming continues, reflecting a diverse industrial landscape [2][3]. Group 3: Investment Opportunities - The market is expected to have limited downside risk, supported by the central bank's commitment to provide sufficient re-lending support when necessary [3]. - Key investment directions include: 1. Non-bank financial sectors, including financial IT, brokerage, and insurance [3]. 2. A-share real estate chain and Hong Kong real estate sectors from a low-position perspective [3]. 3. Overseas computing power chains and innovative pharmaceuticals [3]. 4. Domestic AI infrastructure and applications, which are still in the process of industrial expectation recovery [3].

Group 1 - The AI computing power sector is experiencing renewed interest driven by performance and policy support, with companies like Cambricon and NewEase becoming market focal points [1][2] - Cambricon's stock price reached a peak of 1464.98 CNY per share, reflecting a nearly 10% increase during trading, but closed with a gain of 3.24%, valuing the company at 574 billion CNY [2] - NewEase also saw significant stock movement, peaking at 324.42 CNY per share with a 15% increase before closing up 9.32%, bringing its market cap to 306.4 billion CNY [2] Group 2 - Cambricon reported a staggering 4347.82% year-on-year increase in revenue for the first half of the year, totaling 2.881 billion CNY, and a net profit of 1.038 billion CNY, reversing a loss from the previous year [2] - NewEase attributed its revenue growth to sustained high industry demand, increased orders, and improved delivery capabilities, indicating a positive outlook for future industry conditions [2][4] - The AI computing power sector has seen substantial gains across various segments, with companies like Shenghong Technology and NewEase experiencing year-to-date increases of 416.63% and 274.99%, respectively [3] Group 3 - Fund managers express confidence in the long-term growth potential of the computing power sector, viewing it as a stable investment within the AI industry [3][4] - The upcoming release of the DeepSeek-R2 model is expected to stimulate demand for computing power, benefiting upstream sectors like chip design and wafer fabrication [5] - The recent government policy document emphasizes the integration of AI across multiple sectors, suggesting a broadening of the AI market beyond just computing power [6][7] Group 4 - The AI infrastructure, including cloud services and data solutions, is seen as a key beneficiary of policy support, with potential for significant industry transformation [7] - Fund managers recommend exploring underpriced segments within the technology growth sector, indicating that the current AI market expansion is still in its early stages [7]

Group 1 - The recent market shows a distinct "high growth narrative" characteristic, with industries or sectors that exhibit high growth performing notably better [2][3] - The A-share market's main line remains focused on growth-oriented assets, with a positive outlook on non-bank financials, A-share real estate chain, Hong Kong real estate sector, overseas computing power chain, innovative pharmaceuticals, domestic computing power, AI infrastructure, and AI edge applications [2][3] Group 2 - Since early April, the A-share market has experienced a significant upward trend, driven by factors such as narrow liquidity easing and the appreciation of the RMB [2] - As of August 27, the micro-cap stock index has surged over 56% this year, outperforming major indices like the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index [3] - The trend of small-cap style dominance continues, supported by the diverse performance of industries, with limited downside risks in the A-share market [3]