Investment Rating - The report maintains a "Neutral" investment rating for the semiconductor industry, indicating a cautious outlook amidst ongoing recovery and price increases in the sector [4]. Core Insights - The semiconductor industry showed signs of recovery in January 2026, with prices continuing to rise, driven by demand from AI computing, AIOT, semiconductor equipment, key components, and storage price increases [4][5]. - Global semiconductor demand is improving, with slight growth in PCs and smartphones, and rapid growth in TWS headphones, wearable devices, and smart home products. AI servers and new energy vehicles are expected to maintain high growth rates [4]. - Despite high inventory levels, certain segments driven by AI demand are experiencing significant growth, leading to price increases from upstream wafer foundries [4][5]. - The report highlights that the semiconductor sector's performance in January 2026 saw a 16.23% increase, outperforming the broader market [11][13]. Summary by Sections Monthly Market Review - The semiconductor sector's performance in January 2026 was a 16.23% increase, while the overall electronic sector rose by 9.38% [11][13]. - The semiconductor valuation metrics indicate a PE of 98.68% and a PB of 82.16%, reflecting high historical percentiles [21][22]. Semiconductor Supply and Demand Tracking - Semiconductor prices continued to rise in January, with storage prices increasing significantly, reflecting a recovery in demand [4][5]. - AI server shipments are projected to grow over 28% in 2026, leading to increased prices for storage and CPU chips [5][20]. Downstream Demand Data - The report notes that AI servers, new energy vehicles, TWS headphones, and wearable devices are showing strong demand recovery, while smartphone sales may decline due to rising storage prices [4][5]. - Global smartphone shipments saw a slight increase of 2.28% in Q4 2025, while PC shipments increased by 9.61% year-on-year [4][5]. Industry News Highlights - Major CSP companies like Meta and Microsoft reported significant capital expenditures, indicating strong investment in AI infrastructure [5][20]. - The report suggests focusing on leading companies in AIOT, AI-driven innovation, and domestic supply chain replacements as potential investment opportunities [5].

基金名称基金代码基金经理持股数量(股)占流通股比例(%)占基金净值比(%)持股数量变动(股)中欧明睿 新起点混合001000葛兰6414580.0325.92-155624中欧中证芯片产业指数发起A020478宋巍巍 4088810.02048.65-14050中欧瑾和灵活配置混合A001173李帅4000390.027.42-199961中欧上证科创板综合 指数A023905宋巍巍1625860.00812.48新进中欧上证科创板综合指数量化增强A024891钱亚婷 761420.00382.73+37242中欧上证科创板综合指数增强A024359钱亚婷477000.00232.73-21400 来源：新浪基金∞工作室 2月4日，中芯国际跌1.03%，截至发稿，报114.84元/股，成交40.05亿元，换手率1.76%，总市值9187.71 亿元。中芯国际股价已经连续3天下跌，区间累计跌幅6.61%。 资料显示，中芯国际集成电路制造有限公司位于上海市浦东新区张江路18号,香港中环康乐广场8号交易 广场1期29楼，成立日期2000年4月3日，上市日期2020年7月16日，公司主营业务涉及提供0.35微米至14 ...

截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中芯國際集成電路製造有限公司 呈交日期: 2026年2月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00981 | 說明 | 無 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | USD | | 0.004 | USD | | 40,000,000 | | 增加 / 減少 (-) | | | 0 | | | | USD | | | | 本月底結存 | | | 10,000,000,000 | USD | | 0.004 | USD | | 40,000,000 | 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報 ...

（文章来源：每日经济新闻） 每经AI快讯，2月4日，南向资金今日净买入约133.73亿港元，为1月22日以来单日流入规模新高。腾讯 控股、阿里巴巴-W分别获净买入约22.31亿港元、11.71亿港元；中芯国际遭净卖出7.07亿港元。 ...

来源：滚动播报 港股通（沪）方面，腾讯控股、中国移动分别获净买入20.66亿港元、3.51亿港元；中芯国际净卖出额居 首，金额为2.76亿港元；港股通（深）方面，南方恒生科技、阿里巴巴-W分别获净买入11.23亿港元、 9.55亿港元；中芯国际净卖出额居首，金额为4.31亿港元。 ...

Group 1 - The Hong Kong stock market experienced fluctuations, with the Hang Seng Index closing at 26,847.322, a slight increase of 0.047% [1] - Real estate stocks saw significant gains, with Shimao Group rising over 14%, Sunac China up over 8%, Vanke Enterprises increasing over 6%, and Yuexiu Property up over 6% [1] - Coal stocks also performed well, with Yanzhou Coal Mining rising over 10% and China Shenhua Energy increasing over 5% [1] Group 2 - The Hang Seng Tech Index dropped by 1.844%, with major tech companies showing poor performance [3] - Tencent Holdings fell nearly 4%, Baidu Group declined nearly 3%, Xiaomi Group dropped over 1.8%, JD Group decreased over 1.6%, and Alibaba fell nearly 1% [3][4] - Semiconductor stocks were sluggish, with Fudan Shanghai falling over 5%, Hua Hong Semiconductor down nearly 5%, GigaDevice down over 3%, and SMIC down over 2% [5]

Core Viewpoint - The technology innovation chip sector is experiencing a pullback, with the Huatai-PineBridge Science and Technology Chip ETF (588750) declining by 3.38%, while it has attracted over 160 million yuan in investment over the past five days, indicating strong market interest [1][3]. Group 1: Market Performance - The Huatai-PineBridge Science and Technology Chip ETF (588750) has seen most of its constituent stocks decline, with notable drops including: - Lanqi Technology down nearly 7% - Cambricon Technologies and Baiwei Storage down over 5% - Haiguang Information down over 3% - SMIC down over 2% [3][4]. - The ETF's trading volume approached 100 million yuan during the day, reflecting significant market activity [1]. Group 2: Industry Developments - On February 3, Moore Threads launched the AI Coding Plan, a smart programming service based on domestic GPU capabilities, marking a breakthrough in AI development using domestic chips [5]. - CloudWalk Technology held a conference to outline its strategy for high-performance AI inference chips, aiming to reduce inference costs significantly [6]. - Recent releases of domestic AI models, including those from DeepSeek, Kimi, and Baidu, are accelerating commercial adoption, supported by substantial investments from major tech firms [7]. Group 3: Investment Insights - The Huatai-PineBridge Science and Technology Chip ETF (588750) focuses on high-tech segments of the chip industry, with a high concentration of core components, indicating strong growth potential [9][11]. - The index is expected to see a net profit growth rate of 94% in the first three quarters of 2025, with an annual growth forecast of 97%, significantly outpacing peers [12]. - The ETF has demonstrated strong upward elasticity, with a maximum increase of 173% since its inception, suggesting robust performance relative to other indices [12][13].

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 作者：情报员 天眼查资料显示，中芯国际集成电路制造（天津）有限公司，成立于2003年，位于天津市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本129000万。通过天眼查大数据分析， 中芯国际集成电路制造（天津）有限公司参与招投标项目110次，专利信息401条，此外企业还拥有行政 许可291个。 中芯国际集成电路制造（上海）有限公司，成立于2000年，位于上海市，是一家以从事计算机、通信和 其他电子设备制造业为主的企业。企业注册资本244000万美元。通过天眼查大数据分析，中芯国际集成 电路制造（上海）有限公司共对外投资了4家企业，参与招投标项目129次，财产线索方面有商标信息 150条，专利信息5000条，此外企业还拥有行政许可446个。 国家知识产权局信息显示，中芯国际集成电路制造（天津）有限公司、中芯国际集成电路制造（上海） 有限公司取得一项名为"一种电流调节电路及DC-DC转换器"的专利，授权公告号CN114448236B，申请 日期为2020年11月。 ...

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 来源：市场资讯 中芯国际集成电路制造（上海）有限公司，成立于2000年，位于上海市，是一家以从事计算机、通信和 其他电子设备制造业为主的企业。企业注册资本244000万美元。通过天眼查大数据分析，中芯国际集成 电路制造（上海）有限公司共对外投资了4家企业，参与招投标项目129次，财产线索方面有商标信息 150条，专利信息5000条，此外企业还拥有行政许可446个。 国家知识产权局信息显示，中芯国际集成电路制造（北京）有限公司;中芯国际集成电路制造（上海） 有限公司取得一项名为"隧道场效应晶体管及其形成方法"的专利，授权公告号CN114447111B，申请日 期为2020年10月。 天眼查资料显示，中芯国际集成电路制造（北京）有限公司，成立于2002年，位于北京市，是一家以从 事计算机、通信和其他电子设备制造业为主的企业。企业注册资本100000万美元。通过天眼查大数据分 析，中芯国际集成电路制造（北京）有限公司共对外投资了1家企业，参与招投标项目53次，专利信息 5000条，此外企业还拥有行政许可225个。 ...

Group 1 - The core viewpoint of the article highlights the performance of the Chip Leader ETF (516640), which opened down by 1.02% at 1.169 yuan on February 4 [1] - The major holdings of the Chip Leader ETF experienced declines, with notable drops including Cambrian (down 2.48%), SMIC (down 1.32%), and Huagong Information (down 1.30%) [1] - The ETF's performance benchmark is the CSI Chip Industry Index return, managed by Fortune Fund Management Co., with a return of 18.30% since its inception on August 19, 2021, and a return of 11.53% over the past month [1]