早盘直击｜今日行情关注

Market Overview - The A-share market struggled to maintain the 3900-point level, experiencing weak fluctuations and a decline in trading volume to approximately 1.6 trillion yuan, indicating low market sentiment [1] - As the year-end approaches, investor participation has decreased, leading to a shrinking trading volume and a cautious market atmosphere [1] - The market is expected to remain in a consolidation phase for the next few weeks, with potential upward movement as conditions improve [1] Future Outlook - The market is anticipated to experience fluctuations around the 4000-point level, which may prepare for a new upward phase [1] - Key focus areas for November include the impact of the 14th Five-Year Plan on industries, event-driven dynamics in the technology sector, and price recovery driven by anti-involution trends [1] Sector Highlights - In December, sectors benefiting from dividends and price increases are expected to outperform, with short-term attention on banking, public utilities, coal, and non-ferrous metals [2] - Technology remains a primary focus for 2026, with particular attention on AI, lithium batteries, military industry, and robotics [2] - The trend of AI hardware is solidifying, with increasing token usage in major AI models, indicating a peak in AI applications by 2026 [2] - The domestic production of robots is expected to expand, with opportunities arising in sensors, controllers, and dexterous hands as the market evolves [2] - The semiconductor industry is moving towards domestic production, with a focus on semiconductor equipment, wafer manufacturing, materials, and IC design [2] - The military sector is expected to see a recovery in orders, with signs of bottoming out in the performance of various military sub-sectors [2] - The innovative drug sector is entering a recovery phase after nearly four years of adjustment, with positive net profit growth expected to continue into 2026 [2]