360 Security Technology (SH:601360) Xin Lang Cai Jing·2026-01-12 06:46Core Viewpoint - The AI application sector has experienced a significant surge, with multiple stocks reaching their daily limit up, indicating strong market interest and potential investment opportunities in this area [1][8]. Group 1: Market Performance - Five stocks, including Puyuan Information and New Point Software, hit a 20% limit up, while three others, such as Yonyou Network, achieved a 10% limit up [1][9]. - The Innovation ETF (562030), heavily invested in the software development sector, saw its price rise by 7%, indicating strong market momentum [9]. Group 2: Reasons for AI Application Surge - The recent strong market performance of domestic large model companies MiniMax and Zhipu, which have listed on the Hong Kong stock market, signals the successful establishment of a "capital closed loop" for domestic large models, marking the beginning of the "commercial value realization" of AI applications [3][10]. - Three new hotspots in AI applications have emerged: AI for Science (AI4S), Generative Engine Optimization (GEO), and AI in healthcare, with significant user engagement reported for new AI health features [3][10]. - New advancements in large model technology include the release of Qwen3-VL-Embedding and Qwen3-VL-Reranker models, as well as a new architecture proposed by DeepSeek [3][10]. Group 3: Investment Recommendations - Key investment directions in AI applications include: 1. Super entrance: Large models have evolved into dominant traffic entry points in the AI era [4][11]. 2. AI Infrastructure: Software-defined computing is expected to yield stable returns [4][11]. 3. High growth: AI technology is driving commercialization in marketing and entertainment sectors [4][11]. 4. High barriers: Data flow and workflow integration in sectors like healthcare and manufacturing present significant opportunities [4][11]. Group 4: Industry Outlook - The domestic innovation industry is expected to see a recovery in sentiment due to large-scale debt measures and proactive fiscal policies [4][11]. - The current geopolitical climate and the push for self-sufficiency in technology highlight the urgent need for development in the innovation sector, supported by government initiatives [13].