Venture(US:VEMLY) Xin Hua Cai Jing·2025-05-29 07:30Market Performance - The A-share market saw collective gains across the three major indices, with the ChiNext Index leading the rise, closing at 2012.55 points, up 1.37% [1] - The Shanghai Composite Index closed at 3363.45 points, up 0.70%, with a trading volume of 453.7 billion yuan [1] - The Shenzhen Component Index closed at 10127.20 points, up 1.24%, with a trading volume of 731.7 billion yuan [1] Sector Performance - Sectors such as unmanned vehicles, digital currency, software development, and innovative pharmaceuticals showed significant gains, while gold, glyphosate, food, and banking sectors experienced declines [1] - The unmanned vehicle and smart driving concept stocks saw a collective surge, with over 20 stocks hitting the daily limit [2] - Digital currency concept stocks also strengthened, with multiple stocks reaching the daily limit [2] - Innovative pharmaceutical stocks became active again, with companies like Shuyitai hitting the daily limit [2] Institutional Insights - CITIC Securities predicts a potential annual-level market trend for Chinese equity assets, suggesting a shift from small-cap stocks to core assets, with a decreasing gap in performance between high-performing and loss-making stocks [3] - Core assets are expected to show significant relative profitability and operational resilience, with a profit turning point appearing ahead of the overall A-share market [3] - CICC highlights the growth opportunities in automotive smart display technology, particularly in HUD products and virtual panoramic displays, as Chinese manufacturers increase market share [3] Industry Outlook - Tianfeng Securities recommends focusing on the design sector within the electronics industry, particularly SoC/ASIC/storage/CIS, anticipating strong performance in Q2 [4] - The AI SoC chip companies are expected to benefit from increased penetration of AI hardware, with optimistic projections for growth [4] - The storage sector is forecasted to see an increase in contract prices, driving performance growth [4]