智通财经网·2025-12-01 07:09Core Viewpoint - Daiwa has identified key preferred stocks in China's industrial and transportation sectors, with a stronger outlook on AI and automation-related stocks compared to transportation stocks [1] Group 1: Industry Outlook - The firm is particularly optimistic about sectors such as humanoid robots, semiconductor production equipment (SPE), and automation and gas engines (AIDC theme) [1] - A cautious stance is taken towards heavy trucks, shipping rates, aviation, and the overall logistics sector [1] Group 2: Investment Recommendations - Daiwa expects AI-related stocks to face profit-taking pressure by the end of the year but maintains a positive outlook on the AI theme and localization trends until 2026, aligning with the "14th Five-Year Plan" [1] - Preferred stock includes Weichai Power (02338) due to its AIDC power supply theme (large-bore engines + solid oxide fuel cells) and low valuation [1] - The firm is also optimistic about Zoomlion Heavy Industry (01157) for its growth in non-excavator construction machinery [1] Group 3: Specific Stock Picks - Recommended stocks under the AI theme include: - Yujian (02432) - UBTECH Robotics (09880) - Huace Navigation (300627.SZ) - Geek+ (02590) - Northern Huachuang (002371.SZ) in the A-share market [1] - Yangtze River Shipbuilding is also recommended due to promising order recovery prospects [1]