Piotech (SH:688072) Mei Ri Jing Ji Xin Wen·2025-11-28 01:28Group 1 - The Shanghai Composite Index rose by 0.29% to close at 3875.26 points, while the Shenzhen Component Index fell by 0.25% to 12875.19 points, and the ChiNext Index decreased by 0.44% to 3031.30 points on November 27 [1] - Tuojing Technology Co., Ltd. announced plans to raise up to 4.6 billion yuan for the construction of a high-end semiconductor equipment industrialization base, a cutting-edge technology research and development center, and to supplement working capital, focusing on core business and technological innovation in the semiconductor industry [1] - Google is marketing its Tensor Processing Units (TPUs) to clients, with Meta considering a multi-billion dollar investment in Google's TPUs for data center construction, indicating a strategic shift for Google from internal use to external sales [1] - Beijing plans to construct a centralized large-scale data center system with over 1 GW power capacity on a 700-800 km morning and evening track to support large-scale AI computing power [1] Group 2 - JPMorgan strategists believe the probability of a significant rise in the Chinese stock market next year is higher than the risk of a major downturn, citing multiple positive incremental driving factors such as broader AI application and consumer stimulus measures [2] - Donghai Securities noted that global AI computing power investment continues to grow significantly, with ongoing structural shortages in storage, and that the easing of China-US tariff policies could accelerate domestic semiconductor production [2]