Sou Hu Cai Jing·2025-08-29 17:57Group 1 - The stock price of Cambrian Technology Co., Ltd. surged nearly 16%, reaching a new high of 1587.91 CNY per share, surpassing Kweichow Moutai, which has long held the title of the A-share king [1] - Despite Cambrian's impressive stock performance, its total market capitalization is approximately 664.3 billion CNY, significantly trailing Kweichow Moutai [1] - Kweichow Moutai's stock price has declined by 3.36% this year, contrasting with the overall A-share market's increase of nearly 15%, raising questions about the sustainability of Cambrian's rise [1][2] Group 2 - Cambrian's stock price increase is attributed to its alignment with the AI computing trend and strong performance in the first two quarters of the year [2] - The projected revenue for Cambrian this year is between 5 billion to 7 billion CNY, which appears insufficient when compared to its high market capitalization of 660 billion CNY [2] - Kweichow Moutai remains a strong player in the liquor industry, with a stable fundamental outlook despite a slowdown in growth [4] Group 3 - The current A-share market exhibits structural bull market characteristics, with sectors like AI, technology, and rare earths becoming market hotspots [4] - Cambrian's ability to maintain its strong stock performance will require time to validate, as market sentiment may drive short-term gains, but long-term performance will depend on fundamental company metrics [4] - Kweichow Moutai's stock performance serves as a significant reference point for the market [4]