中银证券：中银晨会聚焦-20250306

Key Insights - The report highlights a focus on AI applications, indicating that the DeepSeek initiative is expected to catalyze the acceleration of AI application commercialization, particularly in the second half of 2025 [5][6] - The macroeconomic outlook suggests a pragmatic approach to inflation targets, with a GDP growth target of around 5% for 2025, consistent with the previous year [8][11] - The report emphasizes the importance of consumer spending and investment in stimulating economic circulation, with a notable increase in fiscal spending anticipated [9][10] Company Focus - The report lists a selection of stocks recommended for March, including Jitu Express (1519.HK), China Petroleum (601857.SH), and others, indicating potential investment opportunities in these companies [1] - The AI application sectors identified as having significant growth potential include healthcare, enterprise services, education, office, finance, and marketing, which are expected to see accelerated user adoption [7] Industry Performance - The report provides an overview of market indices, showing a positive trend in major indices such as the Shanghai Composite Index, which closed at 3341.96 with a 0.53% increase [3] - The industry performance data indicates that the telecommunications sector experienced a 2.45% increase, while the real estate sector saw a decline of 1.46%, highlighting varying performance across different industries [4]