两大主线，利好！满屏涨停

Core Viewpoint - The A-share market is experiencing a strong upward trend, driven by infrastructure and resource sectors, with significant gains in various stocks, particularly in the hydropower and coal industries [1][2][4][6][8]. Infrastructure Sector - The Yarlung Tsangpo River downstream hydropower project has been approved, with a total investment of approximately 1.2 trillion yuan, which is six times the annual investment amount in Tibet. This project is expected to significantly boost infrastructure development in the western region and promote clean energy [6]. - Key companies benefiting from this project include China Energy Engineering, China Power Construction, and various construction and engineering firms, with many stocks hitting their daily limit [4][6]. Resource Sector - The coal sector has shown strong performance, with companies like Shanxi Coking Coal and Huahua Energy reaching their daily limit. The market is reacting to rumors of regulatory changes aimed at stabilizing coal supply [8][10]. - The overall coal market is characterized by strong seasonal demand and tightening supply, with expectations of continued price increases due to high temperatures and increased purchasing activity [10]. Steel Sector - The steel sector is also performing well, with companies like Fangda Special Steel and Xining Special Steel hitting their daily limit. The industry is undergoing supply-side reforms, which are expected to improve the supply-demand balance in the medium to long term [11][13]. - Despite current challenges, the steel demand is anticipated to remain stable, supported by infrastructure investment and manufacturing growth [13]. Alcohol Sector - The liquor sector has rebounded, with stocks like Shanxi Fenjiu and Yingjia Gongjiu rising over 5%. The sector is seeing a recovery in valuations as investor sentiment improves [15][17]. - Companies are focusing on market health and inventory reduction, while also planning for international expansion and targeting younger consumers [17].