热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 亚太卫星（01045）盘中涨近15%，近三周股价已实现翻倍。截至发稿，股价上涨12.68%，报4港元，成 交额8170.26万港元。 东吴证券发布研报称，展望2026年，商业航天行业将迎来多重催化，特别是多枚可回收/大载量的商业 火箭密集首飞，该行判断火箭运力将有望迎来显著提升，从而打通此前卫星通信发展的堵点。我国低轨 卫星互联网从2025年下半年已进入批量发射建设阶段，2026年有望迎来更大批量发射，产业发展进一步 加速。 公开资料显示，亚太卫星为中国卫通集团股份有限公司控股子公司。据悉，亚太卫星主要从事卫星通信 服务，其运营的亚太6D卫星可提供宽带通信、广播电视传输等服务。中国卫通则是中国最大的卫星运 营商，拥有20余颗在轨卫星，其"中星"系列卫星已广泛应用于应急通信、海洋监测等领域，2025年承接 了多个商业卫星应用项目，业务规模持续扩大。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 责任编辑：卢昱君 客户端 亚太卫星（01045）盘中涨近15%，近三周股价已实现翻倍。截至发稿，股价上涨12.68%，报4港 ...

东吴证券发布研报称，展望2026年，商业航天行业将迎来多重催化，特别是多枚可回收/大载量的商业 火箭密集首飞，该行判断火箭运力将有望迎来显著提升，从而打通此前卫星通信发展的堵点。我国低轨 卫星互联网从2025年下半年已进入批量发射建设阶段，2026年有望迎来更大批量发射，产业发展进一步 加速。 公开资料显示，亚太卫星为中国卫通（601698）集团股份有限公司控股子公司。据悉，亚太卫星主要从 事卫星通信服务，其运营的亚太6D卫星可提供宽带通信、广播电视传输等服务。中国卫通则是中国最 大的卫星运营商，拥有20余颗在轨卫星，其"中星"系列卫星已广泛应用于应急通信、海洋监测等领域， 2025年承接了多个商业卫星应用项目，业务规模持续扩大。 亚太卫星(01045)再涨近15%，近三周股价已实现翻倍。截至发稿，涨12.68%，报4港元，成交额7149.7 万港元。 ...

东吴证券发布研报称，展望2026年，商业航天行业将迎来多重催化，特别是多枚可回收/大载量的商业 火箭密集首飞，该行判断火箭运力将有望迎来显著提升，从而打通此前卫星通信发展的堵点。我国低轨 卫星互联网从2025年下半年已进入批量发射建设阶段，2026年有望迎来更大批量发射，产业发展进一步 加速。 公开资料显示，亚太卫星为中国卫通集团股份有限公司控股子公司。据悉，亚太卫星主要从事卫星通信 服务，其运营的亚太6D卫星可提供宽带通信、广播电视传输等服务。中国卫通则是中国最大的卫星运 营商，拥有20余颗在轨卫星，其"中星"系列卫星已广泛应用于应急通信、海洋监测等领域，2025年承接 了多个商业卫星应用项目，业务规模持续扩大。 智通财经APP获悉，亚太卫星(01045)再涨近15%，近三周股价已实现翻倍。截至发稿，涨12.68%，报4 港元，成交额7149.7万港元。 ...

Group 1 - Zijin Mining (02899) rose nearly 3% after announcing the completion of the main construction and core equipment installation for the second phase of the Xizang Julong Copper Mine, marking a key step before production [1] - Asia Pacific Satellite (01045) increased over 5.4%, with a cumulative rise of nearly 30% over the past five trading days, as it operates multiple satellites under China Satcom [1] - Zhaoyan New Drug (06127) fell over 6% following an announcement that its actual controller plans to reduce holdings by up to 14.98 million shares, representing 20.0466% of his holdings and 1.99873% of the company's total share capital [1] - Zhongwei New Materials (02579) surged nearly 7% after signing a strategic cooperation framework agreement with Xinwanda for solid-state batteries [1] Group 2 - Dongyue Group (00189) rose nearly 5% as the long-term contract prices for refrigerants were confirmed, with R32 priced at 61,200 yuan/ton (+1,000 yuan) and R410A at 55,100 yuan/ton (+1,900 yuan) [2] - MicroPort Scientific Corporation (02252) increased over 1.2%, reporting that its core products' cumulative order volume exceeded 230 units [2] - Oil stocks saw gains, with CNOOC (00883) up 4.17%, PetroChina (00857) up 2.91%, and Sinopec (00386) up 1.31%, driven by a rise in international crude oil prices due to geopolitical tensions [2] - Baidu Group (09888) rose nearly 7% after announcing a partnership with Uber and Lyft to launch a robotaxi pilot project in the UK by 2026 [2] Group 3 - NIO (09866) rose over 2.4% after announcing that it successfully delivered over 40,000 units of its new ES8 model within 100 days of the official delivery start [3] - Damai Entertainment (01060) increased nearly 5%, with the total box office for the 2025 New Year’s season reaching 5.245 billion yuan as of December 28 [3] Group 4 - Copper mining stocks collectively declined, with Hudbay Minerals (HBM.US) down 4.01%, Taseko Mines (TGB.US) down 3.1%, and Ero Copper (ERO.US) down 1.64%, as international copper futures fell over 4% [5] - Some cryptocurrency-related stocks fell, with IREN Ltd (IREN.US) down 2.21% and Circle (CRCL.US) down 0.94% [5] - NIO (NIO.US) rose 4.71% in the US market, echoing its performance in Hong Kong [6] - The Nasdaq Golden Dragon Index fell nearly 1%, with major Chinese concept stocks declining, including Alibaba (BABA.US) down 2.46% and Xpeng Motors (XPEV.US) down 1.35% [6]

智通财经APP获悉，亚太卫星(01045)再涨近8%，近五个交易日累计涨幅接近30%。截至发稿，涨 6.25%，报2.55港元，成交额1374.03万港元。 公开资料显示，亚太卫星为中国卫通集团股份有限公司控股子公司。亚太卫星集团当前运营亚太5C、 亚太6C、亚太7号和亚太9号卫星，并通过联营公司运营亚太6D卫星及亚太6E卫星。亚太卫星系统覆盖 亚洲、欧洲、非洲和大洋洲等全球约75%人口之地区，为广播和电信客户提供优质的卫星转发器、卫星 通信与卫星电视广播传输服务。 华龙证券发布研报称，2025年政府工作报告中，商业航天首次以"安全健康发展"为方向，强调技术突破 与规模化应用，标志着商业航天正式迈入规模化应用新阶段。中国的低轨卫星互联网建设也在加速推 进，伴随技术不断成熟与市场持续扩展，2026年国内低轨通信卫星发射量有望实现爆发式增长。随着我 国加速抢占太空轨道这一宝贵的非再生资源，推动"国网星座""千帆星座" 等低轨星座项目部署，预计 到2030年低轨卫星市场规模有望突破千亿甚至1500-2000亿元。 ...

Core Insights - The 27th China International High-tech Achievements Fair (CIHTAF) concluded successfully in Shenzhen, attracting over 450,000 attendees from more than 120 countries, marking a 13% year-on-year increase [1] - The event showcased over 5,000 new products and achievements, with 1,023 supply-demand matches and investment projects signed, totaling over 170 billion yuan in intended transactions and financing [1] Group 1: Event Highlights - The fair featured 22 major exhibition areas, including aerospace technology, artificial intelligence, semiconductors, consumer electronics, and commercial aerospace, highlighting cutting-edge international technology and China's high-level innovation [1] - Over 90% of the physical exhibits were categorized as "high, precision, and advanced" technologies and products [1] - Major state-owned enterprises like China Aerospace Science and Technology Corporation and China National Offshore Oil Corporation presented advanced manufacturing technologies [1] Group 2: Innovative Products - More than 20% of the exhibits were debut products, including the Avant Robotics Gen1 inspection robot and the Avant Hub intelligent inspection platform, which demonstrated significant operational efficiency improvements [3] - The Avant Robotics Gen1 robot achieved a 42% increase in traffic efficiency, a 35% reduction in average delay time, and an 18% decrease in carbon emissions in pilot areas [3] - Bern Optical introduced an AI digital twin system for coating design and the world's first variable thickness ultra-thin glass, showcasing advancements in optical materials and manufacturing techniques [4][5] Group 3: Business Engagement - The fair emphasized practicality and transaction facilitation, with 10% of buyers from international markets, 30% from provincial markets, and 60% from local markets [5] - A total of 1,036 purchasing groups from countries like the UK, Russia, Canada, and India attended, along with over 3,000 domestic and international investment institutions, including major firms like JPMorgan and Goldman Sachs [5]

Core Insights - The 27th China International High-Tech Achievements Fair (CIHTAF) concluded with a focus on "Technology Empowering Industrial Integration for a Shared Future" [1] - The event attracted over 450,000 attendees from more than 120 countries, marking a 13% year-on-year increase [1][5] - A total of 5,000 new products and achievements were launched, with 1,023 supply-demand matches and investment projects signed, amounting to over 170 billion yuan in intended transactions and investments [1][6] Exhibition Highlights - Over 20% of the exhibits were debut products, showcasing cutting-edge technologies across 22 major exhibition areas, including aerospace, AI, semiconductors, and low-altitude economy [3][4] - More than 90% of the physical exhibits featured high-tech products, emphasizing China's advancements in technology [3] Major Participants and Innovations - Key state-owned enterprises such as China Aerospace Science and Technology Corporation and China National Offshore Oil Corporation presented significant technological innovations, including the Long March rocket and the Hualong One nuclear power plant [4] - The event featured a variety of innovative products, including the world's first "imaging" MRI and autonomous driving aircraft, attracting considerable attention from attendees [4] Regional and International Collaboration - The fair served as a platform for regional collaborative innovation, showcasing achievements from various regions in China, including clean energy and digital economy initiatives [4] - International participation included organizations and enterprises from countries like Germany, the USA, and the UK, highlighting the fair's role as a window for showcasing Chinese technology to the world [4] Transaction and Investment Focus - The event emphasized practical outcomes and transactions, with a strategic plan involving 10% international buyers, 30% local buyers, and 60% buyers from outside Guangdong [5] - Over 1,000 procurement teams from countries such as the UK, Russia, and Canada attended, with participation from over 3,000 domestic and international investment institutions [5]

Core Insights - The 27th China International High-Tech Achievements Fair (高交会) showcases significant advancements in high-tech industries, emphasizing "high, precision, and cutting-edge" technologies and products, with over 90% of exhibits being physical items and more than 20% being debut displays [1][2] Group 1: Key Technologies and Exhibitors - The 9th hall features critical technologies and products related to national security and technological innovation, including aerospace, high-end marine engineering, and intelligent manufacturing [2] - Notable exhibitors include China Aerospace, China National Offshore Oil Corporation (CNOOC), BYD, and the Shenzhen Advanced Institute of Technology, showcasing their latest technological achievements [2][3] - The "Shenzhen Star," the world's first high-throughput satellite customized for mobile communication, is displayed by Asia-Pacific Satellite Broadband Communication (Shenzhen) Co., highlighting its role in disaster communication [2] Group 2: Innovations in Energy and Computing - CNOOC presents advanced marine energy equipment, including the "Deep Sea No. 1" energy station and "Sea Anemone No. 1" FPSO, showcasing its latest technological advancements in deep-water oil and gas exploration [3] - The Guangming Laboratory has acquired four sets of Huawei's self-developed computing clusters, each containing 384 domestic GPUs, for large model training and multimedia processing, transitioning from NVIDIA due to export restrictions [4] - The Shenzhen Advanced Institute of Technology introduces the HYPIR image restoration model and the HYPVR video enhancement model, which significantly improve the quality of old films and video content [4] Group 3: Medical and Biotechnological Innovations - The "Results Supermarket" at the fair features 125 achievements in fields such as high-end medical devices and brain-machine interfaces, allowing visitors to interactively learn about technological highlights and application scenarios [5][6] - The world's first "imaging" magnetic resonance device, uMRUltra, developed in collaboration with United Imaging Healthcare, has received regulatory approvals and is set for global launch [6] - A novel multi-modal imaging-guided pulsed electric field ablation device is showcased, which integrates various imaging technologies for precise treatment of complex medical conditions [6]

Group 1: Satellite Internet Development in China - Since late July, China's satellite internet construction has significantly accelerated, with the GW constellation successfully launching five low Earth orbit satellites between July 27 and August 17, reducing the launch interval from 1-2 months to 3-5 days, increasing the total number of satellites from 34 to 72 [1] - The GW and Qianfan constellations are part of China's plan to deploy a total of 1.3 billion and 1.5 billion satellites respectively, with the goal of achieving a comprehensive satellite internet network [1] - The issuance of satellite internet licenses is expected to occur within the year, marking a significant step towards commercial operation in the satellite internet sector [6][8] Group 2: Launch Frequency and Compliance - The launch frequency of satellites has increased, with an average of one group of satellites launched every 39 days prior to July, but accelerating to five batches in just 22 days in July and August [4][5] - Compliance with the International Telecommunication Union (ITU) regulations is a driving factor for the increased launch frequency, as China must launch 10% of its planned satellites by September 2029 to avoid project cancellation [5] Group 3: Future Prospects and Challenges - Despite the rapid progress, experts indicate that it may take an additional 2-3 years to provide satellite internet services comparable to SpaceX's Starlink, as the current infrastructure and satellite numbers are insufficient for full commercialization [6][11] - High-throughput satellites are currently being utilized to provide satellite internet services, but they are not designed for widespread consumer use, focusing instead on specific scenarios such as outdoor activities [12][13]