万和证券：万和财富早班车-20241219

Core Insights - The report highlights the importance of proactive market engagement rather than merely relaying information, emphasizing a discovery-driven approach to investment analysis [1]. Macro News Summary - On December 17, the State-owned Assets Supervision and Administration Commission (SASAC) released guidelines to improve the market value management of central enterprises, clarifying objectives and utilizing a "toolbox" for market value management [3]. - UnionPay International will collaborate with WeChat Pay to support overseas UnionPay wallets in scanning domestic WeChat Pay codes, enhancing mobile payment options for foreign visitors in China [3]. Industry Updates - Export restrictions have led to a surge in prices, reaching a 13-year high, with related stocks including Fuda Alloy (603045) and Blue Sky Technology (300487) [4]. - ChatGPT has officially launched globally with significant updates, impacting stocks such as 360 (601360) and Kunlun Wanwei (300418) [4]. - China has initiated its first 6G internet plan, with related companies including Tianyin Machinery (300342) and Huali Chuantong (300045) [4]. Company Focus - Tai Ling Microelectronics (688591) has launched a machine learning and AI development platform based on TL721x and TL751x chips [5]. - Tuobang Co., Ltd. (002139) has established a strong technical foundation and strategic planning in humanoid robotics, excelling in integrated solutions for motors, reducers, and drive control [5]. - Cheng Yi Tong (300430) is making significant progress in the commercialization of non-invasive brain-computer interfaces, exploring applications in rehabilitation, Alzheimer's, Parkinson's, depression, and sleep disorders [5]. Market Review and Outlook - On December 18, the total trading volume in the two markets was 1.36 trillion yuan, with 2,761 stocks rising and 2,139 falling. The trading volume decreased by 149.8 billion yuan compared to the previous day [6]. - The three major indices opened slightly higher and showed a mixed performance, with significant differentiation observed during trading. The overall market exhibited a mixed trend [6]. - Key market themes included significant gains in brain-computer interfaces, semiconductors, and quantum technology, while sectors like tourism and new energy vehicles saw declines [6]. - The report suggests that the market may enter a phase of narrow fluctuations around the support level of 3,372 points, with a potential for future volume-driven rebounds in specific sectors [7].