长飞光纤光缆(06869)盘初涨超14% 机构料光纤光缆行业量价齐升

金吾财讯
Apr 08

金吾财讯 | 长飞光纤光缆(06869)开盘强势走高,截至发稿,报216.6港元,涨幅14.6%,成交额20.35亿港元。消息面上,光纤价格上涨潮拉动光纤概念板块强势。最新数据显示中国市场G652.D光纤价格自去年低点涨超400%,有机构预计2026-2027年全球供需缺口将扩大至15%。此外,中国移动2026年至2027年特种光缆产品集中采购项目近日公布招标结果显示,本次采购规模约7.94万皮长公里,折合313.10万芯公里,最高投标限价不含税总价25124.71万元。值得注意的是,从中标价格来看,8家中标厂商中,7家厂商均按照最高限价进行投标。中国银河表示,光纤行业的核心驱动力已发生根本性转变:过去,行业增长主要依赖5G基站建设与FTTH规模化部署,本质是解决“连接的有无”,三大运营商凭借强大议价权主导集采市场。然而,自2025年以来,全球AI竞赛催生超大智算集群建设,数据中心互联对高带宽、低损耗光纤的需求激增,推动行业正式从“运营商基建驱动”转向“AI算力驱动”。中信建投也表示,自2025三季度以来,中国市场光纤价格持续上涨,反映需求向好、供应整体偏紧。海外需求旺盛,出口表现强劲,反映了全球光纤光缆市场的旺盛需求。目前,光纤光缆行业已从复苏转向“供给偏紧、量价齐升”阶段。该机构认为,当前通信行业正处于AI技术驱动与新基建政策加持的双重红利期,算力产业链仍是景气度较高的核心主线。

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