全球股市集体崩盘，A股两连深V独红，救星竟是没人想到的板块

Core Viewpoint - The A-share market has shown resilience and growth amidst a global market downturn, primarily driven by the electric grid sector and its collaboration with the photovoltaic sector [1][3]. Group 1: Market Performance - A-shares have become the only major index to close in the green, supported by significant gains in electric grid stocks such as Double Star Electric and TBEA, which hit the daily limit [1]. - The electric grid equipment ETF ranked among the top ten in market gains, indicating strong investor interest [1]. Group 2: Underlying Logic - The demand for global electric grid upgrades is surging, with Europe facing aging infrastructure and China's State Grid investing over 650 billion yuan this year, marking a significant increase in high-voltage projects [3]. - The rise in AI technology is expected to drive electricity consumption exponentially, making electric grid development crucial for AI advancements [3]. Group 3: Policy and Investment Trends - Supportive policies for AI and energy development are in place, alongside a 36.33% year-on-year increase in China's electric equipment exports, highlighting the overseas market as a key growth area [5]. - Since October, net inflows into electric grid concept stocks have reached 4.964 billion yuan, with predictions of over 20% net profit growth for 15 related stocks in the coming years [5]. Group 4: Global Market Context - In contrast, global markets are facing significant challenges, with rising U.S. Treasury yields and a strengthening dollar putting pressure on risk assets [7]. - The semiconductor sector, particularly companies like Nvidia and Palantir, has experienced a downturn due to short-selling activities, contributing to broader market fears [7]. Group 5: A-share Resilience - A-shares have shown strong independent performance, with domestic capital increasingly dictating market movements as foreign capital faces challenges [9]. - The A-share market has already absorbed prior pressures, with indices like the Sci-Tech 50 and Hang Seng Tech Index experiencing a 15% decline since October, indicating a sufficient correction [11]. Group 6: Valuation and Investment Opportunities - Current A-share valuations are at relatively low historical levels, providing a high margin of safety for investors [12]. - Structural opportunities remain in high-growth sectors, particularly in the electric grid, which benefits from both AI demand and national investment initiatives [14]. - Core assets with reasonable valuations and strong earnings certainty are expected to highlight their investment value during market fluctuations [16]. Group 7: Future Focus - The future investment landscape will favor sectors and stocks with genuine demand, policy support, and realizable earnings, suggesting a shift from short-term volatility to long-term strategic positioning [17].