午评：沪指窄幅震荡涨0.12% 芯片板块集体爆发

Market Performance - A-shares showed mixed performance on August 7, with the Shanghai Composite Index up 0.12% to 3638.40 points and a trading volume of 478.8 billion yuan [1] - The Shenzhen Component Index fell 0.13% to 11163.36 points with a trading volume of 710 billion yuan, while the ChiNext Index decreased by 0.52% to 2346.59 points with a trading volume of 366.4 billion yuan [1] Sector Performance - Semiconductor stocks surged, with companies like Jinghua Micro and Fuman Micro hitting the daily limit [1] - Medical device stocks showed strength, with companies like Lide Man also reaching the daily limit [2] - The IP economy sector rebounded, highlighted by Jin Hong Group's daily limit increase [1] - Conversely, innovative drug stocks faced adjustments, with Qianhong Pharmaceutical hitting the daily limit down [1][2] Institutional Insights - CITIC Securities noted a significant increase in the launch frequency of China's GW satellite constellation, indicating a rapid development phase in the satellite internet sector [3] - Huatai Securities suggested that the real estate sector is building a foundation for stabilization, with policy directions focusing on stabilizing housing prices and activating demand [3] - CITIC Securities also highlighted the growing demand for liquid cooling solutions in AI server designs, predicting a substantial market expansion for domestic liquid cooling companies [3] Trade Data - China's goods trade saw a year-on-year increase of 3.5% in the first seven months of the year, with a total trade value of 25.7 trillion yuan [5] - In July, the total trade value reached 3.91 trillion yuan, marking a 6.7% increase, with exports at 2.31 trillion yuan (up 8%) and imports at 1.6 trillion yuan (up 4.8%) [5] Education Policy - The Ministry of Finance announced that it will soon allocate funds for free preschool education, indicating a commitment to implementing this policy [4]