华龙证券：华龙内参2024年第191期，总第1750期（电子版）-20241024

Market Analysis - The market experienced fluctuations with the three major indices closing slightly higher, indicating a mixed sentiment among investors [3][5] - The total trading volume in the Shanghai and Shenzhen markets was 1.91 trillion yuan, a decrease of 271.5 billion yuan from the previous trading day [3] - Significant stock movements were observed, with over 3,500 stocks rising and more than 100 stocks hitting the daily limit up, while over 100 stocks fell by more than 10% [3] Data Insights - As of October 21, the financing balance on the Shanghai Stock Exchange was reported at 846.949 billion yuan, an increase of 10.702 billion yuan from the previous trading day, while the Shenzhen Stock Exchange's financing balance was 775.704 billion yuan, up by 12.226 billion yuan [4] Investment Advisory Perspectives - The market's volatility is expected to increase as indices approach dense resistance areas, suggesting a need for investors to be cautious and attentive to market rhythms [5] Concept Hotspots - The demand for AI server power is projected to surge, with NVIDIA's chip power consumption expected to reach 73 TWh by 2026, ten times the 2023 level, indicating a significant growth opportunity in the server power market [6] - The anticipated market size for the AC-DC segment is expected to reach 5.3 billion USD by 2026, driven by the increasing demand for AI server power [6] Key News - Shandong province plans to bid for 22,000 aircraft to establish a "low-altitude network," indicating a strategic move into the low-altitude economy, which is projected to be a trillion-level market [6] - China Telecom announced the candidates for its 2024-2025 server procurement, with total bids reaching approximately 17.7 billion yuan, highlighting the competitive landscape in the telecommunications sector [6] Limit Up Review - A variety of stocks experienced significant gains, with notable performances from companies involved in traditional Chinese medicine, AI, and renewable energy sectors, reflecting diverse investment interests [7][8]