周末重点速递 | 华鑫证券：A股强势上攻背后，居民存款是增量资金主力；券商聚焦卫星通信产业、先进封装领域的投资机会

Group 1: Major Developments - The DexonomySim dataset, designed for dexterous robotic grasping tasks, has been released, containing over 9.5 million high-quality grasping poses covering more than 10,000 objects and 31 common grasp types, representing the largest open-source dataset in the field of embodied intelligence [1] Group 2: Market Analysis - The A-share market has seen a strong rally, with the Shanghai Composite Index breaking through key levels and reaching a ten-year high, driven by increased risk appetite and a shift in funding dynamics, with retail deposits becoming a significant source of market liquidity [2][3] - The policy focus has shifted from monetary easing to fiscal measures, with ongoing relaxation in real estate policies and expectations of two RRR cuts totaling 100 basis points and two interest rate cuts totaling 35 basis points by mid-2025 [2] - The M1 growth rate has expanded, indicating improved liquidity in the market, while the PPI remains a crucial factor influencing A-share profitability [2] Group 3: Industry Insights - The satellite communication industry is poised for growth, with the Ministry of Industry and Information Technology issuing guidelines to optimize business access and accelerate the issuance of licenses, indicating a strategic importance for national security and economic development [4][5] - The satellite internet sector is expected to see significant advancements, with the first low-orbit satellite group launched in December 2024 and ongoing acceleration in satellite deployment [6] - The semiconductor industry is projected to experience substantial growth, with global semiconductor revenue expected to reach $697.18 billion in 2025, driven by high demand for high-performance computing and storage chips [7][8] - The advanced packaging market is anticipated to grow from $37.8 billion in 2023 to $69.5 billion by 2029, reflecting the increasing importance of advanced packaging technologies in enhancing chip performance [8] - Domestic advanced packaging manufacturers are expected to achieve breakthroughs in high-end packaging, with significant improvements in yield and capacity utilization anticipated in 2025 [9]