EASTMONEY(SZ:300059) Xin Lang Cai Jing·2026-02-14 03:54Group 1 - The core focus for investment opportunities during the "14th Five-Year Plan" period includes three main directions: AI profitability models, overseas expansion, and domestic demand [3][9] - In the AI sector, the current open-source model has not yet generated revenue, with major tech companies leading in AI cloud income and some vertical AI application companies starting to see revenue from AI Agents [3][9] - The trend of overseas revenue contribution is increasing among A-share indices, with leading companies potentially deriving nearly half of their profits from international markets, indicating a rise in China's global competitiveness [3][9] Group 2 - The overall judgment for China's economy in 2026 suggests stable growth in quantity, improved price trends, and enhanced quality, following years of deleveraging and structural adjustments [4][10] - The AI-driven tech industry is expected to be a key area for productivity improvement, with a positive cycle anticipated between AI application advancements and capital expenditures [5][10] - The investment strategy for 2026 should adopt a defensive yet progressive approach, focusing on stable cash flow and strong dividend capabilities in leading industries, while also targeting clear business models and profitable companies in tech and overseas markets [5][11]