HUAXI Securities·2025-04-20 12:46Investment Rating - Industry Rating: Recommended [5] Core Insights & Investment Recommendations - The visit of Nvidia CEO Jensen Huang to China highlights the strategic value of the Chinese AI market, emphasizing Nvidia's commitment to optimizing chip products that comply with regulations, reflecting the global attractiveness of China's AI industry ecosystem [2][24] - The upcoming May Day holiday shows a significant increase in domestic flight ticket bookings, with over 3.33 million tickets booked, a year-on-year increase of approximately 36%, indicating strong potential for consumer spending in the tourism sector [2][25] - AI is positioned at the intersection of technology and domestic demand, supported by policies and structural transformation, with a cautious optimistic outlook on core Chinese AI companies, suggesting that leading firms with foundational technology capabilities will gradually demonstrate long-term investment value [3][25] Market Performance Overview - In the week of April 14-18, 2025, the Shanghai Composite Index rose by 1.19%, while the SW Media Index increased by 1.91%, ranking 6th among 31 industries [12][18] - The gaming, sports, and advertising sectors led the sub-industry performance, with increases of 3.17%, 2.73%, and 2.37% respectively [12][16] Sub-Industry Data - The top three box office films were "Sunshine Flowers," "My World Movie," and "The Love That Doesn't Speak," while the top three streaming films included "The Legend of the Condor Heroes: The Great Hero," "Murder 3," and "Breaking Hell" [4] - The top three games on iOS were "Honor of Kings," "Peacekeeper Elite," and "Dungeon and Fighter: Origin," with the Android rankings featuring "Heart Town," "Honkai: Star Rail," and "Ghost Valley" [7][19]