华龙证券：华龙内参2024年第227期，总第1786期（电子版）-20241212

Market Analysis - The Euro to USD exchange rate is 1.0504, up by 0.08%, while the USD to JPY exchange rate is 152.2393, down by 0.15% [2] - The Shanghai Composite Index closed at 3432.49, up by 0.29%, and the Shenzhen Component Index closed at 10848.42, up by 0.33% [2] - The NASDAQ index closed at 20034.89, up by 1.77%, while the Dow Jones Industrial Average closed at 44148.56, down by 0.22% [2] - NYMEX crude oil closed at 70.36, up by 0.1%, and COMEX gold closed at 2755.2, down by 0.05% [3] - The total trading volume of the Shanghai and Shenzhen markets was 1.78 trillion, a decrease of 423.8 billion compared to the previous trading day [3] Sector Performance - Over 3800 stocks rose, with more than 150 stocks hitting the daily limit or rising over 10% [4] - The retail, AI glasses, Shanghai state-owned enterprise reform, and real estate sectors led the gains [5] - The insurance, Sora concept, banking, and battery sectors were among the top decliners [5] Financing Data - As of December 10, the financing balance on the Shanghai Stock Exchange was 956.648 billion yuan, an increase of 5.195 billion yuan from the previous trading day [7] - The financing balance on the Shenzhen Stock Exchange was 909.757 billion yuan, an increase of 8.511 billion yuan from the previous trading day [7] - The total financing balance of the two markets was 1866.405 billion yuan, an increase of 13.706 billion yuan from the previous trading day [7] Investment Advisor Insights - The market maintained a narrow range of fluctuations, with trading volume significantly shrinking [8] - The Shanghai Composite Index is in the process of recovery, remaining above multiple moving averages, with funds actively rotating around consumption, AI, and robotics sectors [8] Concept Highlights - Computing power leasing has become a significant driver of industrial upgrading and social progress, with a potential market size of 260 billion yuan by 2026, growing at a rate of over 20% annually [9][10] - Companies like NVIDIA and Oracle have launched comprehensive AI service tools and solutions based on computing power leasing, providing guidance for the development of related industries [10] Key News - Huawei's Ascend AI Framework Summit is set to take place on December 14, focusing on AI technology trends and industrial opportunities [12] - The Shanghai Municipal Government has issued an action plan to support listed companies in mergers and acquisitions, focusing on key industries such as integrated circuits, biomedicine, and artificial intelligence [12] Stock Performance - Multiple stocks hit the daily limit, with significant gains in sectors such as technology, retail, and state-owned enterprise reform [13][15]