CSC(SH:601066) Zheng Quan Zhi Xing·2025-08-07 03:48Macro News - The Ministry of Finance announced a policy to waive childcare education fees for all kindergarten senior class children, expected to benefit approximately 12 million children this fall semester [1] - The policy will reduce family education expenses significantly, with an estimated increase in national fiscal expenditure of about 20 billion yuan for this semester [1] - China's total import and export value reached 25.7 trillion yuan in the first seven months of the year, a year-on-year increase of 3.5% [2] - In July, the import and export value was 3.91 trillion yuan, growing by 6.7%, with exports at 2.31 trillion yuan (up 8%) and imports at 1.6 trillion yuan (up 4.8%) [3] Industry News - The National Healthcare Security Administration announced the 11th batch of centralized drug procurement, involving 55 varieties, with new reporting rules allowing medical institutions to report demand by generic name or specific brand [4] - The Shanghai Financial Regulatory Bureau and other departments issued measures to promote the high-quality development of commercial health insurance, supporting the use of innovative drugs and devices [5] - The China Securities Association is seeking opinions on a new standard for the stability of securities industry information systems, emphasizing the integration of AI and big data into stability management processes [6] Sector Opportunities - CITIC Securities noted an increasing demand for liquid cooling solutions due to the rising power density of AI servers from companies like Google and Meta, indicating a significant market expansion [7] - CITIC Jiantou reported a notable acceleration in satellite internet deployment in China, with the frequency of satellite launches significantly increasing, marking a rapid development phase for the commercial space industry [8] - Huatai Securities highlighted opportunities in the data center hardware sector, drawing parallels with the early growth of the lithium battery equipment sector in the electric vehicle industry [8]