Nvidia(US:NVDA) Guoxin Securities·2025-08-15 05:16Group 1: High-tech Manufacturing Index - The Guosen weekly high-tech manufacturing diffusion index A recorded 0.2, while index B reached 51.4, marking three consecutive weeks of increase[1] - The increase in the index is driven by rising prices in acrylonitrile and dynamic random access memory (DRAM), along with improved conditions in the aerospace and semiconductor sectors[1] - Conversely, the price of 6-amino penicillanic acid decreased, leading to a decline in the pharmaceutical sector's performance[1] Group 2: Price Tracking and Policy Developments - The price of 6-amino penicillanic acid is 212 RMB/kg, down 3 RMB/kg from last week; acrylonitrile is 8,350 RMB/ton, up 150 RMB/ton[2] - DRAM prices increased to $1.7420, up $0.052, while wafer prices rose to $2.78, up $0.06[2] - A new national standard for the transportation of lithium batteries will be implemented on February 1, 2026, enhancing safety and packaging requirements[2] Group 3: Economic Indicators - Fixed asset investment cumulative year-on-year growth is at 2.80%[4] - Retail sales year-on-year growth for the month stands at 4.80%[4] - Monthly export growth is recorded at 7.20%[4] - M2 money supply growth is at 8.80%[4] Group 4: Risks and Challenges - Potential risks include the ineffectiveness of indicators due to structural adjustments in high-tech manufacturing[3] - Economic policies and industrial policy interventions may impact the sector[3] - A slowdown in economic growth poses additional challenges[3]