商业航天还能冲吗？

Group 1 - The core viewpoint is that the commercial aerospace sector has transitioned from "theme speculation" to "order fulfillment and capacity ramp-up," with significant long-term investment value expected from 2025 to 2027 [5][15] - The market is currently in the third phase of a bull market, indicating a shift in investor sentiment and behavior [2][12] - There is a growing interest in the stock market from outside investors, as evidenced by increasing search trends on social media platforms [3][13] Group 2 - Key areas of focus for investors include commercial aerospace funds, brain-computer interfaces, and various investment opportunities [4][14] - The valuation table from Huachuang Securities indicates that sectors with a safety margin based on PE or PB ratios include consumption, cyclical industries (non-ferrous metals, oil, gold), TMT (semiconductor equipment), new energy (photovoltaics, lithium batteries, new energy vehicles), internet and gaming, and pharmaceuticals (non-innovative drugs) [16] - The Hong Kong internet sector is highlighted as having attractive valuations, with a dynamic PE of 24.50 and a PS of 3.33, both below historical averages, indicating potential for recovery [8][10]