A股调整，沪指半日回落0.26%

Market Overview - On May 9, A-shares experienced a correction with over 4,100 stocks declining, resulting in the Shanghai Composite Index falling by 0.26% to 3,343.38 points, the Shenzhen Component Index down by 0.84%, and the ChiNext Index down by 1% [1][2] - The total trading volume in A-shares for the half-day session reached 806.287 billion yuan [1] Economic Data - In the first four months, China's total goods trade value reached 14.14 trillion yuan, a year-on-year increase of 2.4%, with exports at 8.39 trillion yuan (up 7.5%) and imports at 5.75 trillion yuan (down 4.2%) [3] - In April alone, the total goods trade value was 3.84 trillion yuan, growing by 5.6%, with exports at 2.27 trillion yuan (up 9.3%) and imports at 1.57 trillion yuan (up 0.8%) [3] Central Enterprises Strategy - The State-owned Assets Supervision and Administration Commission emphasized the need for central enterprises to focus on national strategic services, technological advancements, and the development of AI capabilities across various industries [3] Sector Performance - The textile and apparel sector showed strength, with Huafang Co. achieving a four-day consecutive rise, while power stocks also performed well, with notable gains from Jin控电力, 淮河能源, and 华电辽能 [3][4] - The supercritical power generation sector is seen as crucial for China's low-carbon transition, aligning with the country's dual carbon goals [4] Company Insights 1. 淮河能源: The company has a strong coal-electricity integration operation, with expectations for improved profitability due to the normal operation of the 潘集电厂 and the closure of loss-making plants [8] 2. 隆华科技: The company is pursuing a dual strategy in energy-saving and new materials, with a focus on expanding its target material business into the photovoltaic sector [8] 3. 华银电力: The company anticipates continued recovery in its thermal power segment as domestic coal supply and demand balance out, with ongoing projects expected to enhance profitability [8] 4. 通裕重工: The company is expanding its capacity in large forging presses, which is expected to improve product quality and cost efficiency, leading to potential performance growth [8]