CITIC Securities research says advanced packaging will be a key route to sustaining steep performance upgrades for high-end chips. Glass substrates are expected to address current advanced-packaging bottlenecks — large-format scaling, higher-density/high-speed integration and yield/throughput — and are likely to enter an accelerated maturity and volume-ramp phase. Glass carrier-board penetration is clear and has high growth elasticity; the firm highlights supply-chain investment opportunities, n

2026-08-10

CITIC Securities research says advanced packaging will be a key route to sustaining steep performance upgrades for high-end chips. Glass substrates are expected to address current advanced-packaging bottlenecks — large-format scaling, higher-density/high-speed integration and yield/throughput — and are likely to enter an accelerated maturity and volume-ramp phase. Glass carrier-board penetration is clear and has high growth elasticity; the firm highlights supply-chain investment opportunities, notably in glass interposers, glass carriers and glass bridges.

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2026-08-10

8月7日,巴菲特指數(滬深300市值/GDP)進一步升至92.52%,刷新7月9日以來高點;股債性價比指標——滬深300指數股權風險溢價(ERP)爲5.28%,7月以來主要圍繞着5.2%波動,處於2024年10月以來波動區間下端,暗示目前股市相對國債收益的優勢一般。 -------- 注:1、巴菲特指數是通過將股市總市值和GDP來比較,判斷目前股市是否高估,通常70-100%爲正常估值,低於該區間爲低估,高於該區間爲高估。 2、滬深300指數風險溢價(ERP)主要對比滬深300收益和國債收益率,統計近10年數據可以發現該指標和股指有明顯反向關係,每次股市都處於底部區域時,風險溢價均超過6%,也就是當ERP≥6%,股市有投資性價比,而當ERP≤4%時,則股市往往接近或處於階段性高點,投資性價比低甚至要小心回調風險。

2026-08-09

Korea Power Exchange (KPX) data show peak electricity demand reached 95.321 GW on the 7th of this month; reserve capacity was 8.2 GW, with an emergency alert triggered if reserves fall below 5.5 GW. The government expects demand to rise further next week as high temperatures persist and industrial output ramps up after summer holidays, YONHAP reported.