Venture(US:VEMLY) Feng Huang Wang Cai Jing·2025-09-23 01:38Market Overview - The three major indices in China opened higher, with the Shanghai Composite Index up 0.04%, the Shenzhen Component Index up 0.68%, and the ChiNext Index up 1.02%, led by gains in sectors such as CPO, precious metals, and consumer electronics [1] - In the US market, major indices opened lower but rebounded, with the Dow Jones up 0.14% to 46,381.54 points, the S&P 500 up 0.44% to 6,693.75 points, and the Nasdaq up 0.70% to 22,788.98 points [2] Institutional Insights - CITIC Securities expressed optimism about the robotics sector, highlighting the acceleration of Tesla's Optimus industrialization and the completion of high-valuation financing for Figure, indicating a sustained catalytic period for the robotics sector [3] - Huatai Securities noted that despite August being a traditional off-season for e-commerce and express delivery, the "anti-involution" trend is boosting industry sentiment, with expectations of continued price increases as the peak season approaches [4] - China Galaxy Securities reported that the consumer electronics sector is entering a period of intensive new product launches, with Meta's smart glasses product matrix expected to enhance market penetration, and Apple’s phone sales anticipated to exceed expectations [5] - CITIC Securities highlighted the initiation of road tests for all-solid-state batteries by companies like SolidPower and Guoxuan High-Tech, with a focus on interface improvement and vehicle pressure to address core issues [6]