The three major indexes collectively rebounded, and Huawei’s concept led the gains.

　　Today’s disk

　　The market bottomed out all day,Leading the gains, the intraday session once hit a new low in the year. As of the close,It rose by 0.48%, Shenzhen Component Index rose by 0.4%, and Growth Enterprise Market Index rose by 0.65%.

　　On the disk, satellite navigation concept stocks continued to erupt in the afternoon.、、Wait for the daily limit The automobile industry chain is active,Leading the way,、、、Wait for nearly 10 daily limit.

　　AI concept stocks rebounded at the end of the session, led by CPO.Daily limit Power stocks fluctuated and rebounded,Daily limit In terms of decline, photovoltaics and lithium mines, etc.Track stocks were once in adjustment.、It fell more than 5%.

　　On the whole, stocks rose more and fell less, with more than 2,700 stocks in the two cities rising. The turnover of Shanghai and Shenzhen stock markets today was 842.5 billion, a decrease of 31.2 billion compared with the previous trading day.

　　In terms of sectors, satellite navigation, integrated die casting and liquid-cooled servers were among the top gainers, followed by coal, real estate and BC., cement and other sectors were among the top losers.

　　Market outlook

　　As the economic data continues to improve, the heavy policy will continue to be blessed, and the yield of superimposed US bonds will fall. The RMB exchange rate is expected to stabilize and market sentiment will be gradually restored.

　　Huijin entered the market and central enterprises intensively increased their holdings.With the help of many forces, investors’ confidence will gradually increase. At present, in the bottom area of the market where A shares are located, the staged opportunities outweigh the risks, waiting for the market to repair and rebound.

　　Strategic direction: 1) Water conservancy infrastructure. Trillion national debtSuperimposed domestic economic data is good, which is good for procyclical sectors such as water conservancy infrastructure and building materials; 2) Science and technology sector. The technology sector represented by Huawei’s industrial chain is still the main investment direction of the market.Marginal improvement, high-end manufacturing with industrial support logic, communication computing power,Equipment and other sub-areas.

　　Plate prospect

　　Short-term opportunities:

　　：beThe official unveiling of the National Data Bureau, an important driving force for development, marks the opening of the first national public platform., authorization, the whole process of circulation transactions, to promote the flow of data elements in the national platform. Under the favorable catalysis of multiple policies, the overall market size of data elements is expected to usher in rapid growth.

　　Medium and long-term opportunities:

　　Huawei cooperation

　　Huawei’s technological innovations in the fields of smart phones and empowered autonomous driving are expected to drive its relatedThe automobile industry chain is developing in a more competitive direction.

　　(1) Huawei’s mobile phones: Huawei aims to ship 60-70 million smart phones in 2024. At present, the orders of relevant suppliers are full, and the market outlook is expected to drive demand recovery;

　　(2): With the deep empowerment of Huawei, the new car M7 is equipped with Huawei HarmonyOS Intelligent Cockpit 3.0, HUAWEIADS2.0 Advanced Intelligent Driving System, HUAWEIDriveONE Extended Range Electric Drive Platform and other black technologies. A number of cooperative models such as Huawei, Chery and Jianghuai will be launched soon, and the prosperity of Huawei’s empowered automobile industry chain will continue to rise;

　　(3) Huawei HarmonyOS: At present, there are more than 700 million ecological smart devices in HarmonyOS, and the ecology continues to prosper. The PC terminal is expected to become the next "main battlefield" of HarmonyOS’s ecology, with an important foundation in technology and ecology, which is expected to further open up the long-term growth space of HarmonyOS.

　　traditional Chinese medicine

　　Traditional Chinese medicine industry has unique disease prevention and control attributes, industrial value and cultural attributes. Under the general environment of policy support and gradual improvement of national recognition, the industry is accelerating its growth and the market scale is expanding steadily.

　　At present, the Chinese medicine industry is shifting from policy-driven to "policy+performance", and the new cycle of "policy-innovation-product-performance" will be gradually realized in the future.

　　In the secondary market, the valuation of the Chinese medicine sector has been fully adjusted, and the performance of individual stocks has continued to grow steadily, and the future development prospects of the industry continue to be optimistic.

　　Hot spot focusing

　　one、The network capacity has increased tenfold, and the 5G "upgraded version" has come?

　　After more than four years of commercialization, the development speed of the 5G industry is unprecedented. At the 2023 China 5G Development Conference held recently, Zhang Yunming, Vice Minister of the Ministry of Industry and Information Technology, said that it is necessary to lay out 5G-A technology research, standard development and product development in a forward-looking way, accelerate the evolution and commercial deployment of 5G lightweight (RedCap) technology, continue to carry out testing and verification of 5G new technologies, and accelerate industrial maturity.

　　Chen Jie, vice mayor of Shanghai, also said that Shanghai will speed up the pilot deployment of 5G-A network and accelerate the development of 10Gigabit households. By 2026, it will become one of the cities with the fastest network speed, the most comprehensive coverage and the lowest delay in the world, and take the lead in entering the ranks of the global dual 10Gigabit cities.

　　2、China’s liquid-cooled servers achieve "explosive growth"

　　existDriven by the computing power demand brought by the upsurge, the liquid-cooled server market achieved "explosive growth" in the first half of this year.

　　According to the latest report released by International Data Corporation (IDC), the liquid-cooled server market in China will continue to grow rapidly in 2023. In the first half of 2023, the market scale of liquid-cooled servers in China reached US$ 660 million, up by 283.3% year-on-year, and it is expected to reach US$ 1.51 billion in 2023.

　　IDC predicts that the compound annual growth rate of China liquid-cooled server market will reach 54.7% from 2022 to 2027, and the market scale will reach 8.9 billion US dollars in 2027.

　　3、Asked about the popularity of the new M7: 5,000 units were "blindly ordered" in 17 days, and the car delivery was scheduled for February next year.

　　On October 25th, AITO released the latest "blind subscription" report card of M9, which has exceeded 15,000 units so far. This achievement is only 17 days after Yu Chengdong, chairman of Huawei’s smart car solution BU, said that "10,450 orders were blindly booked and 8,040 orders were accumulated".