格林大华期货早盘提示-20251023

Report Key Points 1. Industry Investment Rating - There is no specific industry investment rating provided in the report. 2. Core View - Goldman Sachs expects a more sustained upward trend in Chinese stocks, with the MSCI China Index predicted to rise by about 30% by the end of 2027, driven by 12% trend - based earnings growth and 5% - 10% further revaluation potential [1]. - Due to the focus on STEM education and talent cultivation, China is taking the lead in industrial innovation, with a shift in enrollment trends towards STEM majors and a decrease in majors like law, economics, and management [1]. - The recent rebound in US stocks is a "short - squeeze" market caused by short - covering, which may send false optimistic signals [1]. - The global economy is entering the top region due to the continuous wrong policies in the US [2]. 3. Summary by Related Information Global Economic News - Meta and private equity giant Blue Owl raised $27 billion through private bond issuance to build data centers, with BlackRock subscribing over $3 billion and Pimco subscribing $18 billion. The bond has a S&P A+ rating but a high yield of 6.58% [1]. - OpenAI launched a new AI - driven web browser, ChatGPT Atlas, to compete directly with Google Chrome [1]. - Anthropic is in talks with Google for a potential multi - billion - dollar cloud computing agreement, and Google has previously invested about $3 billion in Anthropic [1]. - The zinc market on the London Metal Exchange is facing its worst squeeze in decades, with available zinc inventory insufficient for one - day demand and the spot zinc premium soaring to $323 per ton [1]. Chinese Market News - Chinese stocks are expected to have a sustained upward trend, and Chinese capital may have started a structural shift towards stocks. The central parity rate of the RMB against the US dollar has been raised to 7.0995, the first time since November last year [1]. - According to a survey of emerging markets, China is the top choice for stock investment, with 100 surveyed institutions managing $423 billion of emerging - market assets [2]. - Huawei announced the evolution and goals of its Ascend chips, with its computing power in "super - node + cluster" leading NVIDIA by over a year [2]. US Market News - US AI investment accounts for less than 1% of GDP, and although AI infrastructure investment has reached a nominal high, it is not exaggerated compared to historical technology cycles [2]. - DeepSeek launched a revolutionary OCR model to solve the computing power problem of AI in processing long documents [2].