12.9 周二 明天关注的方向

Core Viewpoint - The market experienced fluctuations with mixed performance across the three major indices, while sectors such as computing hardware, commercial aerospace, Fujian, and retail showed active performance [1][11]. Market Overview - Over 4,000 individual stocks declined, with total market turnover at 1.9 trillion, a decrease of 132.7 billion compared to the previous day [2][12]. Sector Trends 1. Commercial Aerospace - The "Action Plan for Promoting High-Quality and Safe Development of Commercial Aerospace" has been issued, benefiting companies like Aerospace Electromechanical, Reco Defense, Aerospace Development, Qianzhao Optoelectronics, Aerospace Science and Technology, Shunhao Co., and Superjet Co. [3][13]. 2. Computing Hardware - Trump approved Nvidia's export of H200 chips to China, with a 25% additional fee condition. This led to a broad increase in related stocks such as Dekoli, Zhishang Technology, Fuzhen Technology, International Composite Materials, Tianfu Communication, Taicheng Light, and Dongtian Micro [5][16]. - The H200 chip, set for mass production in the first half of 2024, is superior to domestic alternatives but is considered an older generation product. Nvidia is projected to hold a 42% market share in China's AI server chip market by 2025, primarily for training purposes [5][17]. 3. Consumer Sector - A meeting on December 8 emphasized the importance of domestic demand, positively impacting companies like Anji Food, Bona Film, Dongbai Group, Shuhua Sports, and Yonghui Supermarket [3][13]. Investment Sentiment - Following two consecutive days of gains, the market saw a slight adjustment, but the index pattern remains favorable, indicating a potential continuation of the upward trend [4][14]. Sector Focus - The capacity stocks are concentrated in computing hardware and commercial aerospace, while speculative trading is focused on the consumer sector, particularly in Fujian and the Taiwan Strait [4][15]. Technology Developments 1. Computing Hardware - The approval of H200 chips is expected to benefit the computing sector, including computing rental services and IDC infrastructure such as power supplies, switches, and liquid cooling systems [5][17]. - The market is also considering geopolitical factors, particularly the future trajectory of Sino-U.S. relations [6][17]. 2. Optical Interconnection - The focus is on two expansion strategies: Scale-Up, which enhances the performance of individual devices, and Scale-Out, which increases the number of devices through distributed architecture [8][19].