Market Overview - After a significant drop yesterday, the A-share market rebounded today, influenced by a collective rebound in the external markets [3] - The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index closed up by 1.29%, 2.19%, and 1.86% respectively, with a total market turnover exceeding 2.5 trillion [4] Aerospace Sector - The aerospace sector was the strongest performer in today's rebound, with multiple stocks hitting the daily limit, including Zhongchao Holdings, Taihao Technology, and others [5] - The SpaceX concept, solar power, and aerospace stocks surged by 9.4%, 5.23%, and 4.38% respectively [7] Film and Television Sector - The film and television sector showed a continuous slight increase, with a notable performance from Hengdian Film, which achieved a four-day consecutive rise [13] - The sector closed up by 2.23%, driven by pre-holiday speculation for the upcoming Spring Festival box office [15] Gaming Sector - The gaming sector experienced a significant drop, with Tencent Holdings and other companies seeing declines due to rumors regarding potential increases in value-added tax rates [19] - Following clarifications from industry experts, the gaming sector rebounded, closing up by 2.89% [23] Computing Power Chips - The chip sector faced a sharp decline, particularly with Cambrian Technology, which saw a drop of over 14% due to rumors about revenue guidance [26] - Despite a clarification from Cambrian Technology denying the rumors, the stock still ended down over 9% [26]

Market Overview - On February 3, A-shares experienced a slight opening followed by a decline, but rebounded significantly in the afternoon, with the Shanghai Composite Index rising by 1.29%, the Shenzhen Component Index by 2.19%, and the ChiNext Index by 1.86% [2] - The total trading volume in the Shanghai and Shenzhen markets was approximately 2.54 trillion yuan, a decrease of about 40.5 billion yuan compared to the previous day [3] Market Sentiment - Market sentiment was strong, with 4.9158 million new A-share accounts opened in January 2026, a month-on-month increase of 89% and a year-on-year increase of 213% compared to January 2025 [5] Sector Performance - High-end manufacturing and technology sectors, including electric equipment, defense, and machinery, saw active capital inflows, while traditional sectors like non-ferrous metals, non-bank financials, and banks experienced capital outflows [6] - The electric equipment sector led with a net capital inflow of 26.748 billion yuan, followed by defense with 17.106 billion yuan and machinery with 15.730 billion yuan [8] - In contrast, the non-ferrous metals sector had a net outflow of 4.542 billion yuan despite a 3.25% increase in the sector index [10] Stock Highlights - Notable stocks with significant capital inflows included Aerospace Development with a net inflow of 4.314 billion yuan, Zhejiang Wenlian with 3.556 billion yuan, and Huasheng Tiancai with 3.079 billion yuan [12] - Conversely, stocks with major capital outflows included Xingye Yinxin with a net outflow of 3.313 billion yuan and Caiwu Jiyuan with 2.765 billion yuan [14] Market Trends - A total of 83 stocks hit the daily limit up, indicating a clear market theme with structural differentiation, focusing on "new quality productivity" sectors such as photovoltaic, energy storage, and low-altitude economy [15] - The market's focus has shifted from previous "AI computing power" to a systematic layout in "new quality productivity" areas, driven by "hard technology + state-owned enterprise reform" [15] - The space and photovoltaic sectors saw a surge in interest, with over 30 stocks hitting the limit up due to rumors of a merger between SpaceX and xAI [15] Technical Analysis - The market showed a variety of limit-up stocks, with most being first-time limit-ups, indicating a cautious investor sentiment despite a recovery in short-term emotions [19] - The gold and silver markets experienced significant rebounds, with spot gold rising above $4,850 per ounce and spot silver increasing by over 8% [22] - The rebound in precious metals is attributed to a combination of market sentiment recovery, liquidity replenishment, and long-term fundamental support [23]

沪深股通今日合计成交3417.35亿，其中寒武纪和中际旭创分居沪股通和深股通个股成交额首位。板块 主力资金方面，国防军工板块主力资金净流入居首。ETF成交方面，黄金股ETF（517520）成交额环比 增长689%。期指持仓方面，IC、IM合约多头减仓数量较多。 龙虎榜方面，商业航天人气股航天发展今日涨停，游资和机构联手抢筹，其中一家机构买入1.52亿，三 家一线游资（中国银河大连黄河路、国泰海通证券武汉紫阳东路、中泰证券湖北分公司）分别买入7.56 亿、1.64亿、1.26亿。CPO概念股罗博特科20cm涨停，续创历史新高，获深股通买入5.71亿，两家机构 买入2.04亿，一家一线游资（国泰海通证券南京太平南路）买入2.11亿。 一、沪深股通前十大成交 今日沪股通总成交金额为1601.97亿，深股通总成交金额为1815.38亿。 | | 沪股通 ( | 2月3日 | ) | | | --- | --- | --- | --- | --- | | 排名 | 股票代码 | 股票名称 | | 成交金额(亿元) | | 1 | 688256 | 惠武纪 | | 40.84 | | 2 | 600519 | 贵州茅台 ...

Market Overview - The market experienced a rebound with the Shanghai Composite Index and ChiNext Index rising over 1%, while the Shenzhen Component Index increased by more than 2% [1] - The space photovoltaic concept stocks surged, with companies like Dike Co. and Haiyou New Materials hitting the daily limit [1] - CPO and other computing hardware stocks continued their upward trend, with companies such as Robotec and Tiantong Co. also reaching the daily limit [1] - The commercial aerospace sector saw strong performance, with stocks like Aerospace Development and Aerospace Control hitting the daily limit [1] - Overall, more than 4,800 stocks in the Shanghai and Shenzhen markets were in the green, with a total trading volume of 2.56 trillion [1] Hot Topics Photovoltaics - The photovoltaic sector saw significant gains, with stocks like Shuangliang Energy, Aotemi, Lushan New Materials, and Foster hitting the daily limit [4] - Shuangliang Energy's stock price reached 10.10, with a rise of 10.02%, and a market capitalization of 18.925 billion [5] - Lushan New Materials' stock price increased by 10% to 26.51, with a market capitalization of 4.285 billion [6] - The demand for space photovoltaics is expected to grow significantly, with a market size potentially reaching hundreds of billions by 2030 [6] Aerospace - The aerospace sector rebounded sharply, with stocks like Juliyou and Runbei Aerospace hitting the daily limit [7] - SpaceX announced the acquisition of xAI, with a combined valuation expected to reach 1.25 trillion [7][8] - The domestic market is anticipated to enter the era of reusable rockets by 2026, with both commercial and state-owned companies advancing their projects [9] Optical Communication - The optical communication sector experienced a surge, with stocks like Hangdian Co. and Tiantong Co. hitting the daily limit [10] - Alphabet's stock reached a historical high, with expectations for strong fourth-quarter earnings [10] - The OCS project aims to standardize optical switching technology, with significant improvements in network performance reported [12] CPO Technology - CPO technology shipments are projected to scale up significantly from 2026 to 2027, with penetration rates expected to reach 50.6% by 2029 for 3.2T CPO [13]

Market Overview - The military electronics sector increased by 3.85% on February 3, with Taihao Technology leading the gains [1] - The Shanghai Composite Index closed at 4067.74, up 1.29%, while the Shenzhen Component Index closed at 14127.1, up 2.19% [1] Stock Performance - Taihao Technology (600590) closed at 11.62, up 10.04% with a trading volume of 344,400 shares and a transaction value of 400 million yuan [1] - Aerospace Development (000547) closed at 32.38, up 9.99% with a trading volume of 4,468,400 shares and a transaction value of 13.872 billion yuan [1] - Nairui Radar (688522) closed at 43.17, up 8.74% with a trading volume of 106,200 shares and a transaction value of 44.8 million yuan [1] - Other notable stocks include: - Leike Defense (002413) at 14.36, up 7.40% [1] - New Light Optoelectronics (688011) at 68.23, up 6.83% [1] - Quanxin Co., Ltd. (300447) at 20.19, up 6.38% [1] Capital Flow - The military electronics sector saw a net inflow of 3.194 billion yuan from institutional investors, while retail investors experienced a net outflow of 1.403 billion yuan [2] - Notable capital flows include: - Aerospace Development (000547) had a net inflow of 203.1 million yuan from institutional investors [3] - Taihao Technology (600590) had a net inflow of 221 million yuan from institutional investors [3] - Leike Defense (002413) had a net inflow of 29.7 million yuan from institutional investors [3]

航天发展今日涨停，成交额138.72亿元，换手率28.12%，盘后龙虎榜数据显示，深股通专用席位买入 1.42亿元并卖出1.73亿元，1家机构专用席位净买入1.52亿元。中国银河证券大连黄河路证券营业部净买 入7.56亿元。 ...

（文章来源：第一财经） | 公告日期 2026-02-03 | 异常期间 元 | | | | | --- | --- | --- | --- | --- | | 航天发展 (000547) | 成交量 | 446,843,944 份/股 | 成交金额 | 13,872,226,054 元 | | 日价格涨幅偏离值达到7.65% | | | | | | 买卖 | 会员营业部名称 | 买入金额 | 幸出会额 | | --- | --- | --- | --- | | | | (元) | (元) | | 买1 | 中国银河证券股份有限公司大连黄河路 证券营业部 | 903,142,026 | 147,252,921 | | 买2 | 国泰海通证券股份有限公司武汉紫阳东 路证券营业部 | 232,970,591 | 69,461,510 | | 买3 | 东吴证券股份有限公司苏州相城大道证 券营业部 | 194,308,722 | 215,687 | | 买4 | 机构专用 | 165,216,613 | 13,031,398 | | ಶಿಕ | 中泰证券股份有限公司湖北分公司 | 158,421,646 | 32, ...

Market Overview - The A-share market experienced a significant upward trend on February 3, with the Shanghai Composite Index closing at 4067.74 points, up 1.29%. The Shenzhen Component rose by 2.19%, the ChiNext Index increased by 1.86%, the Sci-Tech Innovation Index gained 2.44%, and the Northbound 50 Index surged by 3.27%. The total trading volume across the Shanghai and Shenzhen markets reached 25,656 billion yuan [1]. Sector Performance - Over 4,800 stocks in the market saw gains, with the photovoltaic industry chain showing strong performance, particularly in the space photovoltaic sector, where companies like Aotewei and Zerun New Energy hit the daily limit with a 20% increase [3]. - The commercial aerospace sector rebounded, with stocks such as Jieli Suojin and Aerospace Development also reaching the daily limit [3]. - The chemical sector remained active, with Wanfeng shares achieving a four-day limit increase [3]. - The precious metals concept saw localized activity, with Hunan Gold hitting the daily limit [4][5]. Precious Metals Market - The precious metals market saw a sharp rebound, with Hunan Gold achieving a remarkable 7-day, 6-limit increase. Other notable performers included Xiaocheng Technology, which rose over 18%, and Zijin Mining, which increased by over 6% [5]. - On February 3, gold prices surged, with spot gold rising over 5% to surpass $4,900 per ounce, while silver also maintained an upward trend, increasing over 8% to break through $86 per ounce [6]. - According to China Galaxy Securities, the recent decline in precious metal prices can be viewed as a market-driven cooling following a period of rapid price increases, rather than a panic exit of funds. This price correction is seen as a normal phenomenon that helps release overheated market sentiment [6]. - Guotai Junan Securities indicated that the recent significant drop in precious metal prices is a technical adjustment to the irrational increases seen since the beginning of the year, rather than the end of a long-term upward trend for gold. The decline in speculative sentiment and leverage levels is expected to support a healthier upward trend for gold in the near term [6]. Computing Power Leasing Sector - The computing power leasing sector showed continued strength, with Tianwei Vision experiencing a direct limit increase [7][8]. - Other companies in this sector, such as Wangsu Technology and Capital Online, saw increases of over 10% [8]. - The CPO concept also performed actively, with Robotech hitting a 20% limit increase, and companies like Juguang Technology, Dekeli, and Tianfu Communication rising over 10% [8]. - According to Dongwu Securities, major overseas cloud providers have begun raising prices for their services, marking the first increase in years. This trend is expected to influence domestic cloud providers to follow suit, creating investment opportunities in the AI cloud industry as demand increases [8].

Core Insights - The main focus of the articles is on the significant inflow of capital into specific stocks, highlighting the top 20 stocks by principal capital inflow as of February 3rd, with notable performances in various sectors [1][2][3] Group 1: Stock Performance - Aerospace Development (航天发展) saw a capital inflow of 2.031 billion, with a price increase of 9.99% [2] - Huasheng Tiancheng (华胜天成) experienced a capital inflow of 1.698 billion, with a price increase of 10.01% [2] - Kweichow Moutai (贵州茅台) had a capital inflow of 1.212 billion, with a price increase of 3.36% [2] - Xinyi Communication (信维通信) reported a capital inflow of 1.087 billion, with a price increase of 13.12% [2] - Tongyu Communication (通宇通讯) had a capital inflow of 1.059 billion, with a price increase of 10% [2] Group 2: Sector Analysis - The telecommunications equipment sector, represented by companies like Aerospace Development, Xinyi Communication, and Tongyu Communication, showed strong capital inflows, indicating investor confidence in this sector [2][3] - The internet services sector, with Huasheng Tiancheng and Yanshan Technology (岩山科技), also attracted significant capital, reflecting growth potential in digital services [2][3] - The brewing industry, represented by Kweichow Moutai, continues to draw investment, albeit with a lower growth rate compared to technology sectors [2][3] Group 3: Additional Notable Stocks - Other notable stocks include Hailanxin (海兰信) with a capital inflow of 1.038 billion and a price increase of 15.82%, indicating strong performance in the shipbuilding sector [2][3] - Yongding Co. (永鼎股份) attracted 906 million with an 8.67% increase, also in the telecommunications equipment sector [2][3] - Sany Heavy Industry (三一重工) saw a capital inflow of 675 million with a 7.95% increase, reflecting stability in the engineering machinery sector [3]

Core Viewpoint - The data indicates significant capital inflows into various stocks, highlighting potential investment opportunities in specific sectors such as communication equipment, internet services, and consumer electronics [1][2][3]. Group 1: Stock Performance and Capital Inflows - Aerospace Development saw a capital inflow of 1.893 billion, with a price increase of 9.99% [2] - Huasheng Tiancheng experienced a capital inflow of 1.676 billion, with a price increase of 10.01% [2] - Kweichow Moutai had a capital inflow of 1.137 billion, with a price increase of 3.08% [2] - Hailanxin recorded a capital inflow of 1.063 billion, with a price increase of 14.64% [2] - Tongyu Communication had a capital inflow of 1.029 billion, with a price increase of 10% [2] - Yongding Co. saw a capital inflow of 810 million, with a price increase of 7.51% [2] - Yanshan Technology had a capital inflow of 809 million, with a price increase of 4.07% [2] - Xinyi Communication recorded a capital inflow of 734 million, with a price increase of 9.47% [2] - Zhejiang Wenhu Interconnect had a capital inflow of 719 million, with a price increase of 9.99% [2] - Hongbaoli saw a capital inflow of 679 million, with a price increase of 10.04% [2] - Julisi saw a capital inflow of 672 million, with a price increase of 10.03% [3] - Sanhua Intelligent Control had a capital inflow of 620 million, with a price increase of 2.56% [3] - China Shipbuilding recorded a capital inflow of 594 million, with a price increase of 4.38% [3] - Shenjian Co. saw a capital inflow of 568 million, with a price increase of 10.04% [3] - Tianfu Communication had a capital inflow of 566 million, with a price increase of 13.91% [3] - Sany Heavy Industry recorded a capital inflow of 492 million, with a price increase of 6.74% [3] - Goldwind Technology saw a capital inflow of 474 million, with a price increase of 5.11% [3] - Wangsu Science & Technology had a capital inflow of 459 million, with a price increase of 10.13% [3] - Xian Dao Intelligent recorded a capital inflow of 445 million, with a price increase of 7.41% [3] - Zhongheng Electric saw a capital inflow of 429 million, with a price increase of 10.01% [3]