新华网财经·2025-07-03 09:20Market Overview - A-shares experienced a rebound today, with all three major indices rising, led by the ChiNext Index, and the Shanghai Composite Index reaching a new high for the year. The total market turnover exceeded 1.33 trillion yuan [1] - The Shanghai Composite Index rose by 0.18%, the Shenzhen Component Index increased by 1.17%, and the ChiNext Index gained 1.9%. Over 3,200 stocks in the market saw gains [1] Key Stocks and Sectors - Solid-state battery concept stocks rebounded today, with Dazhongnan (002263) experiencing a "limit-up" [10] - Industrial Fulian (601138), with a market capitalization exceeding 460 billion yuan, hit the daily limit with a net inflow of 2.023 billion yuan, ranking first in A-shares [3][5] - Institutional research indicates that Industrial Fulian's capital expenditure intensity from cloud vendors is expected to remain strong over the next 3-5 years, with robust order growth anticipated by 2025 [3] Sector Performance - The PCB (Printed Circuit Board), consumer electronics, innovative pharmaceuticals, and solid-state battery sectors saw significant gains, while sectors such as controllable nuclear fusion, marine economy, oil and gas, and gaming experienced declines [6] - The innovative pharmaceutical sector saw a surge, with stocks like Changchun High-tech hitting the daily limit [7] - The PCB sector saw a midday rally, with leading stocks like Shenghong Technology and Dongshan Precision reaching new highs [8] Solid-State Battery Developments - Dazhongnan's main business involves the research, production, and sales of plastic films and packaging products, with a significant focus on capacitor films used in various industries [13] - The solid-state battery industry is accelerating its industrialization process, with significant advancements in performance and commercialization expected [13] Mid-Year Earnings Forecast - The mid-year earnings season is becoming a focal point for the A-share market, with stocks like Meinuohua and Guomai Technology hitting the daily limit due to positive earnings forecasts [15][17] - Meinuohua expects a net profit of 46 to 52 million yuan for the first half of 2025, representing a year-on-year increase of 142.84% to 174.52% [17] - Guomai Technology anticipates a net profit of 125 to 156 million yuan for the same period, reflecting a growth of 60.52% to 100.33% compared to the previous year [17] Market Outlook - According to research from CITIC Securities, the domestic macro environment is expected to remain stable in July, with easing geopolitical tensions and renewed expectations for interest rate cuts by the Federal Reserve, potentially leading to increased global liquidity [18] - The market is likely to focus on trading mid-year earnings, with positive expectations for sectors such as overseas computing power chains (PCB, optical modules), edge AI, innovative pharmaceuticals, wind power, and military industries [18]