智通财经网·2025-06-04 03:51Market Overview - The A-share market continued to rebound with nearly 4,000 stocks in the green, as the Shanghai Composite Index rose by 0.43%, the Shenzhen Component Index increased by 0.91%, and the ChiNext Index gained 1.22% by midday [1] Reasons for Market Movement - Positive news in the tech sector, particularly with Nvidia's stock rising nearly 3% and its market value surpassing $1 trillion, reflecting a 24% increase over the past month and over 45% since April's low [2][3] - Expectations of a reserve requirement ratio (RRR) cut have increased, with reports suggesting that the People's Bank of China may take further measures to ensure liquidity remains adequate [2] - Major insurance companies are actively supporting emerging industries and the capital market, with China Pacific Insurance launching two funds totaling 50 billion yuan [2] Sector Highlights Computing Power Industry Chain - The computing power industry chain saw a collective rebound, led by CPO and copper connection sectors, with stocks like Huamai Technology and Derun Electronics hitting the daily limit or rising over 10% [2][3] - Nvidia's strong performance has boosted market confidence in the CPO market, which is expected to grow rapidly, potentially reaching a market size of $2.6 billion by 2033 [3] Nuclear Power Sector - The nuclear power and controllable nuclear fusion sectors showed strength, with stocks like Baili Electric and Rongfa Nuclear Power experiencing significant gains [4] - A long-term nuclear power purchase agreement between Meta and Constellation Energy highlights the growing demand for nuclear energy, with Goldman Sachs predicting a structural shortage in the global uranium market by 2040 [4] Football Concept Stocks - Football-related stocks remained active, with companies like Gongchuang Turf and Jinling Sports seeing substantial gains [5] - The popularity of the "Super League" has drawn significant attention, with average attendance surpassing that of the Chinese Jia League [5] Institutional Insights - Dongwu Securities suggests that June may mark the beginning of a new "East Rising, West Falling" trading cycle, driven by a weaker dollar and favorable conditions for growth stocks [7] - Everbright Securities anticipates that external risks may have peaked, with domestic policies remaining supportive, leading to a stable index performance in June [8] - Oriental Securities believes that the market is transitioning from a phase of range-bound trading to a gradual upward trend, supported by resilient economic fundamentals [9]