Core Viewpoint - The automotive and parts sector in A-shares has seen significant net buying in financing, ranking among the top five, while sectors such as steel II, pharmaceuticals, telecommunications services, medical devices, and non-bank financials have ranked among the bottom five in net buying [24]. Market Overview - As of November 28, 2025, the financing net buying amounts for various sectors have shown a clear disparity, with 23 out of 35 Wind secondary industry sectors experiencing net buying [24][25]. - The major indices in A-shares have all risen, with the Wind All A Index increasing by 2.90%, the Shanghai Composite Index by 1.40%, the Shenzhen Component Index by 3.56%, the ChiNext Index by 4.54%, the North 50 Index by 0.75%, and the Sci-Tech 50 Index by 3.21% [23]. Financing Net Buying Rankings - The top five sectors for net buying in the past week include: - Industrial Trade and Comprehensive: 94.90 billion - Semiconductor: 33.84 billion - Automotive and Parts: 7.81 billion - Hardware Equipment: 6.82 billion - Transportation: 6.57 billion [31] - The bottom five sectors for net buying in the past week include: - Medical Devices and Services: -1.31 billion - Steel II: -1.99 billion - Pharmaceuticals: -3.89 billion - Telecommunications Services: -4.90 billion - Non-Bank Financials: -24.50 billion [32]. Financing Balance Rankings - The top five sectors by financing balance are: - Hardware Equipment: 3,446.36 billion - Non-Bank Financials: 1,827.97 billion - Semiconductors: 1,800.99 billion - Electrical Equipment: 1,791.24 billion - Software Services: 1,500.74 billion [33].

Group 1: Macroeconomic Indicators - January CPI increased by 3.0% year-on-year, exceeding expectations of 2.9% and the previous value of 2.9%, marking the highest level in seven months [7] - Core CPI rose by 3.3% year-on-year, higher than the expected 3.1% and previous 3.2% [7] - January PPI year-on-year was 3.5%, matching the previous value and exceeding the expected 3.2% [7] Group 2: Market Performance - S&P 500 index rose by 1.5% last week, while the Nasdaq China Golden Dragon Index surged by 7.3%, marking the highest increase globally [20] - Among the 36 secondary sectors in the U.S. stock market, 27 sectors saw gains, with the top five performing sectors being Electrical Equipment, Real Estate Investment Trusts, Durable Goods, Pharmaceuticals, and Household Products [23] Group 3: Company Performance - 76% of S&P 500 companies reported actual EPS above expectations, slightly below the 5-year average of 77% but above the 10-year average of 75% [5] - Notable companies with significant stock price increases include AMD, Intel, and Airbnb, contributing to the overall positive performance of the S&P 500 [26]