Group 1 - The market experienced a rebound on January 22, with all three major indices turning positive. The Shanghai and Shenzhen stock exchanges recorded a trading volume of 2.69 trillion yuan, an increase of 91 billion yuan compared to the previous trading day. The Shanghai Composite Index rose by 0.14%, the Shenzhen Component Index by 0.5%, and the ChiNext Index by 1.01% [1] - Market liquidity remains abundant despite a recent decrease in trading volume, which is still at a relatively high level. The overall upward pressure on the market is significant, with accelerated sector rotation indicating a potential short-term thematic market [1] - The military industry sector has seen a rebound, particularly in the large aircraft segment, which is experiencing active trading. The delivery progress of domestic large aircraft has been slow, but capacity construction is expected to accelerate. Recent reports indicate that the European Union Aviation Safety Agency (EASA) has begun flight evaluation of the C919 in Shanghai, with a positive overall assessment, suggesting that the development of domestic large aircraft may enter a rapid growth phase [1] Group 2 - The artificial intelligence (AI) wave continues to rise, with a recommendation for integrated hardware and software layouts. Reports indicate that Jensen Huang plans to visit China in January, focusing on key core suppliers. The AI hardware sector has seen unprecedented growth opportunities, while the software side still needs to improve its commercialization loop. As foundational model performance improves, AI software is expected to enter a growth phase [2] - Investors are encouraged to pay attention to the communication ETF (515880) and software ETF (515230) for simultaneous investment in overseas computing hardware and software [2]
大盘简评20260122