行业周观点2024年第三十六期：9月23日-9月27日

Lithium Battery - The lithium battery index increased by 18.45%, outperforming the CSI 300 index [1] - The report suggests actively monitoring investment opportunities in the lithium battery sector due to favorable industry conditions and price trends [1] New Materials - The new materials index rose by 16.93%, surpassing the CSI 300 index which increased by 15.70% [5] - Sub-sectors such as lithium battery chemicals (23.63%) and industrial gases (18.28%) showed significant growth [5] - The report highlights potential rebounds in the new materials sector due to recent fiscal policies and suggests focusing on high-tech and domestically produced semiconductor materials [6] Nonferrous Metals - The nonferrous metals index increased by 12.98%, while the CSI 300 index rose by 15.70% [7] - Lithium (23.25%) and nickel-cobalt-tin-antimony (18.73%) were among the best-performing sub-sectors [7] - The report indicates that despite weak fundamentals, there is an enhanced expectation of economic recovery, suggesting investment opportunities in copper, aluminum, and minor metals [8] Light Industry Manufacturing - The light industry manufacturing index rose by 15.74%, slightly outperforming the CSI 300 index [9] - Sub-sectors such as home furnishings (18.95%) and cultural light industry (16.65%) performed well [9] - The report recommends focusing on leading companies in the paper and home furnishings sectors due to expected demand recovery and supportive policies [10] Agriculture, Forestry, Animal Husbandry, and Fishery - The agriculture, forestry, animal husbandry, and fishery index increased by 15.36%, lagging behind the CSI 300 index [11] - The report suggests monitoring the pig farming sector for potential rebounds and highlights the growth in the white feather chicken market [11] - It notes that the overall profitability of the breeding industry is expected to improve in 2024 due to supply tightening [11] Pharmaceuticals - The pharmaceutical index rose by 15.42%, underperforming the CSI 300 index [12] - Sub-sectors such as medical services (22.20%) and medical devices (16.53%) showed strong performance [12] - The report advises short-term focus on consumer-related stocks affected by macroeconomic policies and long-term interest in traditional Chinese medicine and innovative drugs [14] Securities - The securities index experienced a significant rebound, increasing by 24.91%, outperforming the CSI 300 index [16] - The report indicates a favorable environment for the securities sector due to recent policy announcements aimed at boosting market confidence [17] - It suggests that if the securities index can stabilize or correct, it may present a good opportunity for right-side positioning [17] Machinery - The machinery sector index rose by 13.34%, underperforming the CSI 300 index [18] - Sub-sectors such as lithium battery equipment and photovoltaic equipment showed strong performance [18] - The report recommends focusing on leading companies in the renewable energy equipment sector due to significant rebound potential [19] Automotive - The automotive sector index increased by 11.08%, lagging behind the CSI 300 index [20] - The report highlights the impact of the vehicle replacement policy, with over 1.13 million applications for subsidies [20] - It suggests continued attention to the smart vehicle segment and opportunities in commercial vehicles driven by policy support [20]