Market Performance - On November 26, the Shenzhen Component Index and the ChiNext Index opened low but closed higher, with the ChiNext Index rising over 3% at one point. The Shanghai Composite Index fell by 0.15%, while the Shenzhen Component Index increased by 1.02% and the ChiNext Index rose by 2.14% [2] - Over 3,500 stocks in the market declined, with a total trading volume of 1.78 trillion yuan, a decrease of 28.8 billion yuan compared to the previous trading day [2] Sector Performance - The pharmaceutical, retail, and CPO sectors saw significant gains, while military equipment, forestry, and gaming sectors experienced notable declines [2] - The pharmaceutical sector showed strong performance, with various sub-sectors such as pharmaceutical commerce and e-commerce rising significantly [8][9] Capital Flow - There was a notable inflow of capital into the CPO sector, with over 142 billion yuan net inflow into the telecommunications industry, leading the primary industry sectors. By the end of the day, there was an additional net inflow of over 164 billion yuan [2] - The "Yizhongtian" stocks, including Zhongji Xuchuang, saw significant gains, with Zhongji Xuchuang reaching a historical high [2][3] AI and Technology Sector Outlook - The AI computing power industry is experiencing high demand, with expectations for increased capital expenditure from leading cloud vendors. The industry is transitioning from 800G to 1.6T technology, benefiting optical module manufacturers [7] - The rise of large models and generative AI applications is expected to expand the market for AI servers, driving rapid growth in demand for high-speed optical modules [7] Currency Impact - The offshore and onshore RMB against the USD both broke the 7.09 mark, reaching a new high in over a year, which is expected to enhance the attractiveness of RMB assets and positively impact the A-share market [11]