Core Insights - The Jiangsu Provincial Committee of the Communist Party of China has proposed to promote high-quality development of the marine economy and accelerate the construction of a strong marine province [1] - The focus is on enhancing marine technology capabilities, fostering high-level marine research institutions and technology enterprises, and advancing key marine technologies [1] - The development of modern shipping services and marine tourism industries is emphasized, along with the need for better port resource coordination and infrastructure improvements [1] Group 1: Marine Economy Development - The proposal includes the establishment of a national marine economy development demonstration zone, elevating the marine economy to a strategic level [2] - The potential of the marine economy is highlighted, with marine communication identified as a foundational infrastructure for future 6G networks [2] - The government work report has introduced "deep-sea technology" as a core emerging industry, indicating a shift towards supporting marine equipment, energy, and aquaculture sectors [2] Group 2: Industry Opportunities - The offshore wind and solar power sectors are expected to expand into deeper waters, indicating a significant growth opportunity [2] - The marine aquaculture industry is projected to have substantial growth potential, particularly for upstream feed companies that can leverage technological and service advantages [2] - Policy support and recovering demand are likely to benefit marine tourism enterprises with distinctive features [2]

Market Overview - The A-share market showed a consolidation pattern on July 2, with the Shanghai Composite Index closing at 3454.79 points, down 0.09%, and the Shenzhen Component Index at 10412.63 points, down 0.61% [1] - The total trading volume in the Shanghai and Shenzhen markets was 137.69 billion yuan, a decrease of approximately 90 billion yuan compared to the previous day [1] Ocean Economy Sector - Since mid-June, new economic themes in the A-share market have shown a strong rotation, with sectors like trendy retail, innovative pharmaceuticals, and AI computing power performing well [2] - The ocean economy concept emerged as the strongest market focus, with several related stocks hitting the daily limit up, following the Central Financial Committee's meeting emphasizing high-quality development of the ocean economy [2] - The government work report this year highlighted the importance of developing the ocean economy and included "deep-sea technology" as a key focus for future industrial development [2] Ocean Economy Development - Recent analysis indicates rapid development in China's ocean economy, with regions like Shanghai, Guangdong, and Qingdao increasing support for emerging industries such as ocean renewable energy and marine biomedicine [3] - Traditional ocean industries are steadily growing, while new sectors like marine engineering equipment and ocean power are emerging as significant economic drivers [3] - Deep-sea technology is identified as a critical pillar for ocean resource development, encompassing deep-sea materials, equipment manufacturing, and digital applications [3] Technology Sector Trends - The technology sector remains a structural mainline in the A-share market, with new technology and consumption themes gaining traction and improving trading sentiment [4] - The market is experiencing a transition from previous leaders like banks and small-cap stocks to new hotspots, indicating a shift in investment focus [4] - Analysts predict that the A-share market has room for growth in July, driven by continuous industrial innovation and a systematic reduction in market discount rates [4] Growth and Investment Focus - The market's risk appetite has improved since June, favoring growth assets, as reflected in the strong performance of indices like the ChiNext Index and CSI 1000 [5] - Although high-dividend sectors still hold long-term value, they may face short-term pressure as the market shifts focus to performance factors during the semi-annual report trading phase [5] - The ongoing strength of growth assets and active trading funds are expected to support market risk appetite [5]

Group 1 - The marine economy concept saw significant stock price increases, with notable gains in companies such as Klete rising over 20%, Deepwater Haina hitting a 20% limit up, and Zhongke Haixun increasing by over 13% [1] - The Central Financial Committee's sixth meeting emphasized the importance of high-quality development in the marine economy, focusing on innovation, efficient collaboration, industrial upgrades, harmonious human-sea relationships, and win-win cooperation [1] - Key strategies include enhancing top-level design, increasing policy support, encouraging social capital participation, and improving independent innovation capabilities in marine technology [1] Group 2 - Zheshang Securities highlighted the growing strategic importance of marine power, indicating that the development of deep-sea technology is crucial for building a marine power nation, with expectations for upcoming industry policies and funding support [2] - Tianfeng Securities outlined the deep-sea technology industry chain, which includes deep-sea materials, deep-sea equipment, and deep-sea digitalization, noting that deep-sea materials are foundational and involve high-performance steel and titanium alloys [2] - The demand for deep-sea equipment is rapidly increasing, with a focus on underwater detection, construction operations, oil and gas production, and mineral development, indicating an upward cycle in the shipbuilding and marine engineering equipment industry [2]