财信证券：晨会纪要-20241128

Market Overview - Major indices opened lower but rebounded throughout the day, with the Shanghai Composite Index closing at 3309.78, up 1.53% [4] - The Shenzhen Component Index rose by 2.25% to 10566.10, while the ChiNext Index increased by 2.73% to 2208.78 [4] - The overall market showed a strong rebound, with over 4300 stocks rising, and total market turnover reaching approximately 14874.71 billion [7] Economic Insights - In October, profits of large-scale industrial enterprises in China fell by 10.0% year-on-year, with a total profit of 58680.4 billion from January to October, down 4.3% [14] - The People's Bank of China conducted a 2683 billion 7-day reverse repurchase operation to maintain liquidity in the banking system [15] - The Hong Kong private residential property price index rose by 0.62% month-on-month in October, indicating a potential reversal in the long-standing trend of falling prices [21] Industry Dynamics - Intel received a subsidy of up to 7.86 billion USD from the U.S. Department of Commerce to support its semiconductor manufacturing projects [23] - The National Health Commission and other departments issued guidelines to promote mutual recognition of medical examination results, aiming to improve healthcare efficiency [24] - The pet food export value in October showed a year-on-year increase of 28.07%, with a total export value of 1.29 billion USD for retail packaged dog and cat food [27] - In October, the domestic smartphone market shipped 29.67 million units, with 5G smartphones accounting for 90.1% of the total shipments [28] Company Updates - Zhongxing Junye (002772.SZ) plans to invest 5.5 billion to establish a mushroom industry park, which will enhance its market share and profitability in the mushroom sector [29] - Youa Co., Ltd. (002277.SZ) is planning to acquire 82.37% of Shenzhen Shangyangtong's shares, which is currently in the planning stage [30]