南京熊猫（600775）电子股份(00553)拉升超11%，公司A股尾盘涨停。截至发稿，涨11.35%，报6.28港 元，成交额8.61亿港元。 中信证券近日指出，随着技术的不断进步和应用场景的扩展，脑机接口的潜力将进一步释放，推动人类 进入一个人与机器深度融合的新时代。该行建议关注：医疗级产品有望快速落地的领先企业；有望推出 消费级脑机产品的公司；具有脑机接口关键技术积累的公司。 消息面上，脑机接口领域近期催化密集。工信部等七部门此前联合发文《关于推动脑机接口产业创新发 展的实施意见》，提出到2027年，实现脑机接口关键技术突破，初步构建先进技术体系、产业体系与标 准体系，电极、芯片及整机产品性能达到国际先进水平，并在工业制造、医疗健康、生活消费等领域加 快应用。此外，海外脑机接口重要催化不断，继苹果之后，OpenAI也进军脑机接口。 ...

Core Viewpoint - The brain-computer interface (BCI) sector is expected to continue its strong performance, with long-term growth potential, but there are warnings about short-term speculative risks [1][2]. Industry Outlook - The BCI industry chain is rapidly improving, with projections indicating that the medical application market for BCIs could reach $40 billion by 2030. Companies involved in rehabilitation medical devices, BCI electrodes, chips, and intelligent brain systems are recommended for investment [1]. - Invasive BCIs are nearing large-scale clinical trial thresholds, while non-invasive BCIs are moving towards industrialization. Each advancement in BCI commercialization is anticipated to attract significant global market attention, enhancing investment sentiment in related sectors [1]. Investment Recommendations - Analysts suggest focusing on three main investment lines: 1. Domestic companies that could benefit from overseas industry breakthroughs [1]. 2. Companies likely to launch consumer-grade BCI products [1]. 3. Application companies that stand to gain from the implementation of BCI products [1]. Short-term Risks - There is a cautionary note regarding the current speculative atmosphere in the A-share market, with concerns about whether listed companies can achieve sustainable profitability and results in the BCI sector [2]. - Investors are advised to focus on the fundamentals of BCI-related companies, including their technological capabilities, real business implementations, and market positioning. Given the recent significant price increases, it is recommended to accumulate shares of companies with core technologies during market corrections [2]. - Following a recent surge in stock prices, some BCI-related stocks have experienced a pullback, indicating potential volatility in the market [2].