Core Viewpoint - The company, Yunyi Electric (300304.SZ), has stated that it is currently not involved in the commercial aerospace and storage chip sectors [1] Group 1 - The company is focused on its existing business areas and has clarified its position regarding involvement in new sectors [1]

Core Viewpoint - The A-share market experienced a collective rise, with major indices showing positive performance, indicating a bullish sentiment among investors [1] Market Performance - The Shanghai Composite Index increased by 0.65%, the Shenzhen Component rose by 1.25%, the ChiNext Index gained 1.31%, and the Northern Stock 50 climbed 1.52% [1] - The total trading volume across Shanghai, Shenzhen, and Beijing reached 1.8894 trillion yuan, an increase of 291.7 billion yuan compared to the previous day [1] - Over 3,300 stocks in the market saw gains [1] Sector Performance - Leading sectors included AI smartphones, AI glasses, industrial metals like silver and copper, commercial aerospace, tourism and hotels, storage chips, and photolithography materials [1] - The AI smartphone and AI glasses hardware sectors saw significant surges, with companies like Furuong Technology, ZTE, Daoming Optics, and others hitting their daily limits [1] - The rise in international silver and copper prices positively impacted the non-ferrous metals sector, with Jiangxi Copper, Yunnan Copper, and others showing notable gains [1] - Photolithography stocks experienced a midday rally, with Huarong Chemical hitting the daily limit and other companies like Rongda Photosensitive and Nanda Optoelectronics also rising sharply [1] Underperforming Sectors - The battery sector showed weakness, with Wanrun New Energy dropping by 9%, and other companies like Fengyuan Co., Hunan Yuno, and Haike New Energy also experiencing adjustments [1] - The real estate sector lagged behind, with stocks such as Vanke A, Shanghai Shimao, and Jindi Group declining [1]

Group 1 - The A-share market saw a continuous rise in the afternoon of December 1, with the Shenzhen Component Index and ChiNext Index both increasing by over 0.9%. The storage chip sector and photolithography machine concept experienced significant upward movement, while AI glasses and AI mobile phone sectors collectively surged. The ChiNext Software ETF Huaxia (159256) rose by 0.51% during the session, with its holding stock Runze Technology increasing by over 6% [1] - ByteDance and ZTE Corporation announced a joint development of an AI-native mobile phone, set to be released in early December. The product features a core breakthrough with the Doubao mobile assistant, which has system-level permissions and can execute complex commands across applications, marking a shift from "clicking icons" to "intent recognition" in interaction paradigms. The collaboration involves ByteDance leading the integration of the Doubao large model and AI interaction functionality, while ZTE is responsible for hardware development, production, and overall integration. The initial batch will have a supply of approximately 30,000 units, with a second-generation product already in the planning stage for release in the first half of 2026 [1] - In the AI industry chain, the software sector plays a crucial role in both the midstream technology layer and downstream application layer, providing essential technical support and facilitating the implementation of AI applications. Specifically, the software industry offers AI frameworks, development platforms, and algorithm models in the midstream, which are foundational for AI application development. In the downstream, the software sector integrates AI technology with various industries to promote the practical application of AI [1] Group 2 - CITIC Securities analysis indicates that the collaboration between ZTE and Doubao signifies a new phase of ecological collaboration between consumer electronics manufacturers and internet giants, with expectations that the global AI mobile phone penetration rate will exceed 35% by 2026, driving growth in orders across the industry chain [2] - Huachuang Securities further notes that the deep integration of the Doubao large model as a system-level capability will significantly expand the application boundaries of AI models, facilitating the deployment of AI functionalities in more scenarios [2] - Related products include ChiNext Software ETF Huaxia (159256), ChiNext 200 ETF Huaxia (159573), and Artificial Intelligence AI ETF (515070) [2]

Shipping Sector - The shipping sector experienced a strong rebound in the afternoon, with the oil transportation segment leading the gains. China Merchants Energy Shipping (招商轮船, 601872) hit the daily limit up, while other companies like COSCO Shipping Energy Transportation (中远海能), COSCO Shipping Specialized Carriers (中远海特), and China Merchants Jinling Shipping (招商南油) also saw significant increases [2]. Storage Chip Sector - The storage chip concept stocks surged, with Kexiang Co., Ltd. (科翔股份) reaching the daily limit up of 20%, while other companies such as Leike Defense (雷科防务) also hit the limit up. Hangyu Microelectronics (航宇微) and Beijing Junzheng (北京君正) rose over 10% [5][8].

据交易所数据显示，雷科防务6天5板，今日于9：25封涨停，成交额1.62亿元，换手率1.48%。金融界 App AI线索挖掘：市场对其炒作逻辑主要集中在多重热门概念的叠加效应，公司业务涵盖商业航天、 存储芯片等领域，商业航天行业受政策推动关注度提升，存储芯片国产替代需求为股价提供支撑。连板 股波动剧烈，注意追高风险，理性投资！ ...

14、美团：Q3营收955亿元，同比增2%； 格隆汇12月1日｜国际要闻： 1、本周大事提醒(12月1日-5日)：普京首度公开谈和平计划，市场静待"美联储最爱通胀指标"发布； 2、美股11月收官：标普500指数、道指月线7连涨！礼来飙升24.82%，英伟达大跌逾12%； 3、现货黄金11月份涨5.9%，一度突破4240美元； 4、国际现货白银历史性攻破55美元，年内涨幅已超90%； 5、知名"铜多头"预警：美国正成全球黑洞 铜价只会一路狂飙； 6、可可期货迈向自2017年以来最长连月下跌纪录； 7、美联储主席鲍威尔被传将于12月1日辞职； 8、哈塞特：如果特朗普选择我担任美联储主席，我将很乐意任职； 9、全球存储芯片短缺加剧，研究机构预测存储芯片价格预计再涨50%； 10、特斯拉将在德国、意大利和法国推出FSD体验试乘活动； 11、日本防卫开支突破11万亿日元； 12、韩国一人户家庭占比首超36%； 13、特朗普：将委内瑞拉上空及周边空域视为禁飞区域； 14、美国黑色星期五线上消费达118亿美元创新高； 15、《贪婪与恐惧》作者：中国在AI发展领域比美国更具优势，已清仓英伟达； 大中华区要闻： 1、12月的" ...

提醒在菲律宾中国公民加强安全防范 11月30日，菲律宾马尼拉黎刹公园、奎松市EDSA人民力量纪念碑周边等多地将举行大规模抗议示威。中 国驻菲律宾使领馆特此提醒在菲中国公民切实加强安全防范，非必要不外出。确需出行人员做好交通规 划，避免前往抗议示威区域，远离人群聚集场所和交通管制地带，随身携带有效证件，确保人身安全。 如遇紧急情况，请联系： 菲律宾报警急救电话：911 菲律宾红十字会急救电话：143 百万用户都在看 中国驻菲律宾使馆领保协助电话：0063-2-82311033 中国驻宿务总领馆领保协助电话：0063-32-3430008 中国驻拉瓦格领馆领保协助电话：0063-9178051226 中国驻达沃总领馆领保协助电话：0063-9271304354 外交部全球领事保护与服务应急热线（24小时）：0086-10-12308或0086-10-65612308。 来源：中国驻菲律宾大使馆 责编： 刘珺宇 校 对： 高源 直线封板！国企改革，突发大利好！ 白宫突发，进入封锁状态！特朗普发声！ 深夜，直线拉升！人工智能，突传重磅！ 存储芯片，重磅突发！ 刚刚！两大利好，彻底引爆！ 违法和不良信息举报电话：075 ...

Report Industry Investment Rating - Not provided in the document Core Viewpoints of the Report - After a continuous upward trend and influenced by the adjustment of US stocks overseas, market risk appetite has decreased, and the short - term index faces certain uncertainties. However, in the long - run, the policy's support for the capital market remains unchanged, and the main strategy is to buy on dips [11][12] Summary by Relevant Catalogs 1. Weekly Assessment and Strategy Recommendation - **Important News**: Future global computing power is expected to reach over 70 times the current level in 10 years; the shortage of global storage chips is intensifying, and prices are expected to rise by about 50% by Q2 2026; the Ministry of Industry and Information Technology plans to regulate the battery industry; spot silver has reached a new high [11] - **Economic and Corporate Earnings**: In October 2025, industrial added - value grew by 4.9%, consumer retail sales by 2.9%, and fixed - asset investment decreased by 1.7%. The official manufacturing PMI was 49.0. M1 and M2 growth rates declined, and social financing increment decreased year - on - year. Exports in September and housing prices in October also showed certain trends [11] - **Interest Rate and Credit Environment**: The 10Y Treasury bond rate and credit bond rate rebounded this week, and the credit spread slightly widened. Liquidity remained loose [11] - **Trading Strategies**: Hold a small amount of IM long positions in the long - term; hold IF long positions for 6 months [13] 2. Spot and Futures Markets - **Stock Index Performance**: The Shanghai Composite Index, Shenzhen Component Index, and other major stock indices all rose, with the ChiNext Index leading with a 4.54% increase. The AH ratio decreased by 1.02% [15] - **Futures Contract Performance**: All major futures contracts, such as IF, IH, IC, and IM, showed varying degrees of increase [16] 3. Economic and Corporate Earnings - **Economic Indicators**: Q3 2025 GDP actual growth was 4.8%. In October, the manufacturing PMI was 49.0, consumption growth was 2.9%, exports grew by - 1.1%, and investment growth was - 1.7% [36][39][42] - **Corporate Earnings**: In the Q3 2025 report, the year - on - year revenue growth was 1.24%, and the net profit growth was 3.89%, both showing an upward trend compared to the semi - annual report [45] 4. Interest Rate and Credit Environment - **Interest Rates**: The 10 - year Treasury bond rate and 3 - year AA - corporate bond rate showed certain trends [48] - **Credit Environment**: In October 2025, M1 and M2 growth rates decreased, and social financing increment decreased year - on - year [58] 5. Capital Flows - **Inflow**: This week, new partial - stock fund shares were about 138.4 billion, and margin trading increased by about 98.34 billion yuan [64][65] - **Outflow**: This week, major shareholders had a net reduction of 74.35 billion yuan, and there were 2 IPO approvals [69] 6. Valuation - **Valuation Indicators**: The PE (TTM) of SSE 50 was 11.83, CSI 300 was 13.94, CSI 500 was 32.03, and CSI 1000 was 46.44. The PB (LF) of SSE 50 was 1.29, CSI 300 was 1.45, CSI 500 was 2.19, and CSI 1000 was 2.44 [73]

据新华社消息，香港特区政府11月29日下午就大埔火灾善后工作召开记者会宣布，目前捐助基金和政府 拨款已达11亿港元。 百万用户都在看 直线封板！国企改革，突发大利好！ 白宫突发，进入封锁状态！特朗普发声！ 深夜，直线拉升！人工智能，突传重磅！ 存储芯片，重磅突发！ 刚刚！两大利好，彻底引爆！ 违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com 看券商中国 知天下财经 用 券中社 12 券商中国 × 券 中 社 扫码关注券商中国公众号 扫码下载 券 中 社 A P P quanshangcn 舞#t 券中社APP qzs.stcn.com 券 商 中 国 是 证 券 市 场 权 威 媒 体 《 证 券 时 报 》 旗 下 新 媒 体 , 券 商 中 国 对 该 平 台 所 刊 载 的 原 创 内 容 享 有 著 作 权 , 未 经 授 权 禁 止 转 载 ， 否 则 将 追 究 相 应 法 律 责 任 。 警方已完成大埔宏福苑火灾中两栋大厦的搜索，并没有发现任何遗体。 此前被列入大埔宏福苑火灾失踪名单的人士中，已确认144人安全无恙。 来源：长安街知事 责编： 刘珺宇 校 对： ...

Group 1 - Adora Cruises announced a change in its 2026 Q1 itinerary, focusing on popular destinations in South Korea and Southeast Asia [1] - The Adora Magic City will operate from Shanghai, offering multiple 5-day 4-night and 6-day 5-night cruise routes to destinations including Jeju, Nagasaki, Fukuoka, and Sasebo, but Japan destinations have been removed in the latest announcement [1] - The Adora Mediterranean will operate from Guangzhou, featuring routes to Da Nang, Ha Long Bay, and Hue in Vietnam, along with longer routes covering popular destinations in Vietnam, the Philippines, Malaysia, and Brunei [1] Group 2 - Adora Cruises currently operates two large cruise ships: the domestically produced Adora Magic City and the non-domestic Adora Mediterranean [2] - The second domestically produced cruise ship, Adora Flower City, has completed full ship connectivity and is scheduled for delivery in 2026, with plans to launch international routes from Nansha, Guangzhou [2] - The Chinese Ministry of Foreign Affairs issued a travel advisory due to rising safety concerns for Chinese citizens in Japan, urging tourists to avoid travel to Japan and to enhance personal safety awareness [2]