万联证券：万联晨会-20241017

Core Views - The A-share market showed mixed performance with the Shanghai Composite Index rising by 0.05%, while the Shenzhen Component and ChiNext Index fell by 1.01% and 2.21% respectively, with total trading volume decreasing to 1.3896 trillion yuan, down by 261.9 billion yuan from the previous day [1][4] - Significant sectors included local stocks from Sichuan, precious metals, and real estate, which saw substantial gains, while sectors like copper cable connections, internet e-commerce, and photovoltaic equipment experienced declines [1][4] Important News - The People's Bank of China and the Ministry of Science and Technology announced measures to increase loan support for technology enterprises in key regions such as the Yangtze River Delta and the Guangdong-Hong Kong-Macau Greater Bay Area, focusing on enhancing financial support and exploring new models for technology finance [1][4] - At the 2024 ESG Global Leaders Conference, the Deputy Director of the Research Bureau of the People's Bank of China emphasized the need to improve the green bond issuance mechanism and build a multi-tiered green financial market system, aiming to enhance structural monetary policy tools and innovate financial products [1][4] Industry Insights Electronic Industry - Lenovo's Innovation Technology Conference showcased advancements in AI applications, with collaborations with Intel and Microsoft to enhance AIPC products, including the launch of the AuraEditionPC and the development of Copilot+PC [5] - AI applications are expanding across various fields such as PCs, mobile phones, XR, and autonomous driving, with Lenovo introducing personal AI agents and collaborating with Nvidia for AI computing platforms [5] Traditional Chinese Medicine (TCM) - The enthusiasm for TCM new drug development continues, with 62 new drug IND applications and 31 NDA applications in the first three quarters of 2024, surpassing the total for 2023 [6][7] - The approval of new TCM drugs is supported by regulatory improvements and a focus on integrating traditional Chinese medicine principles with modern clinical practices [8] Humanoid Robotics - The launch of the Walker S1 humanoid robot by UBTECH marks a significant step in industrial applications, with successful integration into factory operations alongside autonomous logistics vehicles [9] - The humanoid robotics industry is expected to accelerate in 2024, driven by technological advancements and increasing demand due to labor cost pressures and an aging population [9]