万和证券：万和财富早班车-20250210

Core Insights - The report highlights the ongoing recovery in the domestic financial market, with major stock indices showing positive performance, particularly in technology and renewable energy sectors [7] - The report emphasizes the strong performance of DeepSeek-related stocks, indicating a sustained demand for computing power and chips, which is expected to continue [5] - The report notes significant developments in various companies, including logistics achievements and partnerships in technology adaptation, which may present investment opportunities [6] Domestic Financial Market - The National Bureau of Statistics reported a 0.5% year-on-year increase in January CPI and a 2.3% year-on-year decrease in PPI, indicating mixed inflationary pressures [4] - The government is promoting market-oriented reforms in renewable energy pricing to enhance high-quality development in the sector [4] Industry Dynamics - DeepSeek has sparked confidence in technology, leading to increased demand for computing power and chips, with related stocks such as Longxun Co. and Inspur Information showing potential [5] - International gold prices have maintained a strong performance, achieving consecutive weekly increases and breaking historical highs, with stocks like China Gold and Lao Fengxiang benefiting [5] - Major telecommunications companies have fully integrated the DeepSeek open-source model, indicating a trend towards advanced technological adoption in the industry [5] Company Focus - Chongqing Pharmaceutical Group, a subsidiary of Zhongya Holdings, has been recognized as a 5A-level logistics enterprise, enhancing its market position [6] - Kehua Data has successfully adapted the DeepSeek R1 model in collaboration with Biying Technology, showcasing advancements in AI technology [6] - Mingtai Aluminum expects aluminum plate and strip sales to reach 1.45 million tons in 2024, representing a year-on-year increase of over 16% [6] - Tianhua New Energy has made a significant investment of over $200 million in Nigeria, expanding its lithium resource portfolio [6] Market Review and Outlook - As of February 7, major stock indices closed higher, with the Shanghai Composite Index rising nearly 1% and the ChiNext Index increasing over 2%, reflecting a broad market rally [7] - The report anticipates a rebound in the market ahead of the Two Sessions, driven by improved liquidity and positive policy expectations [7] - The technology sector is expected to lead the market, with high volatility in high-elasticity sectors, suggesting opportunities for strategic investments [7]