中原证券：晨会聚焦-20241115

Market Performance - Domestic market indices showed mixed performance with the Shanghai Composite Index closing at 3,379.84, down 1.73%, and the Shenzhen Component Index closing at 11,037.78, down 2.83% [2] - International markets also experienced declines with the Dow Jones Industrial Average closing at 30,772.79, down 0.67%, and the NASDAQ Composite closing at 11,247.58, down 0.15% [3] Industry and Company Analysis - The software industry in China saw a 10.8% growth in revenue for the first nine months of 2024, reaching 9.83 trillion yuan, with a profit increase of 11.2% to 1.16 trillion yuan [11] - The semiconductor industry continued its recovery trend in Q3 2024, with revenue growing by 20.57% year-over-year to 1.24 trillion yuan, and net profit increasing by 49.51% to 85.53 billion yuan [20] - The pet food export sector in China grew by 25.9% in volume and 21.08% in value for the first nine months of 2024, driven by increased pet ownership and consumption [15] - The light manufacturing industry reported a 2.14% increase in revenue to 4.55 trillion yuan for the first nine months of 2024, with a 5.12% decline in net profit to 228.02 billion yuan [26] Key Data Updates - Recent data on restricted share releases shows significant upcoming releases, such as Shengmei Shanghai with 35.77 million shares (82.01% of total shares) set to be released on November 18, 2024 [27] - The top active stocks in the Shanghai-Shenzhen-Hong Kong Stock Connect include Sailun Group with a trading volume of 11.22 billion yuan and Inspur Information with 9.34 billion yuan [29] Recent Reports - Market analysis highlighted the financial sector leading gains in the A-share market, with the Shanghai Composite Index experiencing wide fluctuations [6] - The communication and media sectors led gains in the A-share market, with the Shanghai Composite Index showing slight upward movement [7] - The pharmaceutical and consumer sectors showed strength in the A-share market, with the Shanghai Composite Index experiencing wide fluctuations [8] - Growth sectors led gains in the A-share market, with the Shanghai Composite Index showing slight upward movement [10]