Envicool(SZ:002837) Xuan Gu Bao·2025-07-31 09:06Market Overview - The market experienced fluctuations with all three major indices dropping over 1% in the afternoon session. However, computing power concept stocks remained active, with companies like Invec and Chuanrun shares hitting the daily limit. Innovative drug concepts continued to show strength, with stocks such as Nanjing New Pharmaceutical and Anke Bio also reaching their limits [1][3]. Key Highlights Computing Power Sector - The computing power sector saw significant gains, with stocks like Invec and Hewei Electric achieving consecutive limit-ups. Meta announced an increase in its capital expenditure forecast for 2025, now expected to be between $66 billion and $72 billion, up from a previous lower limit of $64 billion. Microsoft reported fourth-quarter revenue of $76.44 billion, exceeding analyst expectations of $73.89 billion, and anticipates capital expenditures exceeding $30 billion in the upcoming first quarter [3][4]. - Demand for computing power infrastructure is surging due to rapid advancements in AI models and smart hardware, driving the need for high-performance servers, GPUs, and advanced PCBs. The trend indicates a potential for the computing power industry to become an enhanced version of the previous decade's cloud computing boom [5][6]. Pharmaceutical Sector - The pharmaceutical sector remained active, with stocks like Qizheng Tibetan Medicine, Nanjing New Pharmaceutical, and Dezhan Health achieving consecutive limit-ups. The sector is expected to benefit from improving policies and a gradual recovery in profitability, indicating a potential for valuation re-rating [7][8]. Fertility and Childcare Sector - The fertility support sector showed continued activity, with stocks like Anzheng Fashion and Sunshine Dairy achieving consecutive limit-ups. Recent government announcements regarding enhanced fertility support policies are expected to positively impact the market, particularly in the mother and baby consumption industry [9][10][11]. Other Notable Trends - The AI large model and military sectors showed localized activity, while sectors like the Yajiang Hydropower concept and film industry faced declines [11][12].