Mei Ri Jing Ji Xin Wen·2025-07-28 01:46Group 1 - CITIC Securities expresses optimism about the A-share market, highlighting a bullish sentiment supported by the China Securities Regulatory Commission's commitment to stabilize the market [1] - The report indicates that the financing buy-in and new fund issuance are on the rise, suggesting an acceleration of incremental capital inflow due to the positive market sentiment [1] - The focus is on sectors such as pharmaceuticals, semiconductors, non-bank financials, military, and photovoltaic, with particular attention to new consumption, robotics, and AI applications [1] Group 2 - Huaxi Securities anticipates rapid iteration and volume growth for AR glasses, driven by the integration of AI models and active participation from major manufacturers [2] - Micro LED technology, a key component affecting display quality, is expected to benefit significantly from the growth of AR glasses [2] Group 3 - China Galaxy Securities predicts that the market will maintain a fluctuating high-level operation, driven by liquidity and market expectations, despite the absence of established profit signals [3] - The report notes that the financing balance has been steadily increasing since the end of June, surpassing 1.9 trillion yuan, contributing to the market's upward momentum [3] - The positive feedback loop created by the rising stock market is expected to further enhance opportunities for gains [3]