Hefei Metalforming Mach Tool

On August 28, A-share CPO concept stocks opened lower and moved higher. Star-Net Ruijie, Hefei Metalforming Intelligent Manufacturing, and Qingshan Paper hit limit up, while Shenzhen Microgate Technology, Shengyi Electronics, Optowide Technologies, and Advanced Fiber Resources followed higher. On the news front, the Shanghai Municipal Science and Technology Commission released the 2026 application guidelines for the new-generation optical communications technology project under the Intelligent Computing Optical Network program. Approved projects will receive 40 percent of fiscal funding at launch, another 40 percent after completing milestone targets, and the final 20 percent after meeting all assessment indicators. Overseas, Nvidia reported second-quarter results for fiscal 2027, with revenue of 96.2 billion dollars, up 106 percent year on year, and data center revenue of 89 billion dollars. It also guided to a midpoint of 108 billion dollars in revenue for the third fiscal quarter and raised its fiscal 2028 revenue growth forecast to 70 percent. After the earnings release, Nvidia shares jumped 8.7 percent, giving it a market value of 5.49 trillion dollars, and more than ten investment banks including Morgan Stanley and Citigroup raised their price targets. On the technology side, Nvidia's Spectrum-X Ethernet photonic switching platform has entered full mass production, marking CPO's move into large-scale manufacturing. LightCounting forecasts that global Ethernet optical module sales will grow 73 percent year on year in 2026. Brokerage analysts believe the industry's prosperity has medium- to long-term support, with the four major overseas cloud providers guiding to capital expenditure of 720 billion to 745 billion dollars in 2026.

Nuclear power concept stocks were active in early trading on August 3, with Jiusheng Electric hitting the 20% daily limit up. More than ten stocks, including China Nuclear Engineering, Jiangsu Shentong, Hefei Metalforming Intelligent Manufacturing, Baili Electric, and LBT, also hit their daily limit up. Hahang Huatong, Changfu Shares, Rich Intelligence Manufacturing, and Tianli Composite all rose over 10%. On the news front, the State Council executive meeting held on July 31 decided to approve four nuclear power projects, including the first phase of the Liaoning Zhuanghe project, totaling eight new units. Specifically, these include Units 3 and 4 of the second phase of the Zhejiang Jinqimen nuclear power project, Units 5 and 6 of the third phase of the Guangdong Taipingling nuclear power project, Units 1 and 2 of the first phase of the Liaoning Zhuanghe nuclear power project, and Units 1 and 2 of the first phase of the Shandong Laiyang nuclear power project. A research report from Caitong Securities pointed out that this approval confirms the trend of large-scale and regularized nuclear power construction during the 15th Five-Year Plan period, with the sector's medium- to long-term prosperity and growth certainty continuing to strengthen. Nuclear power equipment and engineering construction segments are expected to be the first to benefit from order releases. The Wind Nuclear Power Index has fallen nearly 12% cumulatively this year. Among the 43 nuclear power concept stocks, only five—Guangzhi Technology, Yongding Co., Ltd., Orient Zirconic, and CGN Power—have seen cumulative gains exceeding 10% this year. As of July 30, the margin trading balances of eight of the 43 nuclear power concept stocks had increased compared to the end of last year, with Yingliu Electromechanical, Huaneng Power International, and Yongxing Special Materials Technology leading the gains.