A-shares opening express | Three major indices differentiated, solid-state battery repeatedly active, concept stocks of foldable screens quickly rising.

On September 11th, the three major A-share indexes opened lower, with the Shenzhen Component Index and the Growth Enterprise Market Index slightly stronger and turning red one after another. As of the close, the Shanghai Composite Index fell 0.54%, the Shenzhen Component Index rose 0.11%, and the Growth Enterprise Market rose 0.5%. In terms of stock market performance, folding screen concept stocks rose rapidly, with Hua Ying Technology rising for three consecutive days; the solid-state battery concept was actively traded, with Jiujiang Defu Technology hitting the limit up; the energy metal sector rose at the start of trading, with Willing New Energy hitting the limit up, Tianqi Lithium Corporation and Ganfeng Lithium Group rising over 2%; internet e-commerce concept stocks fell back, with Guangdong SACA Precision Manufacturing falling over 8%, and Global Top E-Commerce falling over 6%; oil and gas stocks opened lower, with CNOOC Limited falling over 3%, Petrochina falling over 2%, and international oil prices plunging, with Brent crude falling below the $70 mark to a near three-year low; high-priced stocks continued to fall, with Kunshan Kersen Science & Technology, LBX Pharmacy Chain Joint Stock, Dazhong Transportation (Group) Co., Ltd., Shenzhen Best of Best Holdings, Ways Electron, and Zhejiang RIFA Precision Machinery all hitting consecutive limit downs. In terms of main funds, funds favored the battery, commercial vehicle, and insurance industries, while funds fled from the software development, optical and optoelectronic industries. Institutional Views Looking ahead, China Securities Co., Ltd. stated that there is still a lot of uncertainty in the short-term market, and the probability of volatility remains high before the holiday. In the medium to long term, we are still optimistic about the value of A-share allocation. CITIC SEC: Consumer electronics materials sector rebounding, Huawei, Apple new product releases expected to drive demand growth CITIC SEC stated that in the second quarter of 2024, the consumer electronics industrys prosperity stabilized and rebounded, and with the expected new product releases from companies like Huawei and Apple in the third quarter, demand growth is expected to further increase. With positive market demand for upstream materials in the OLED sector and domestic production driving force, we are optimistic about the order growth and market share increase for leading material companies. Huatai: Transportation sector expected to improve in the second half of the year, shipping sub-sectors expected to see price increases Huatai stated that in the first half of 2024, export demand was strong, and with the detour of the Red Sea, shipping, bulk transport, and finished oil prices and port throughput increased compared to last year; however, crude oil transports were negatively impacted by weak demand and OPEC production cuts. In the first half of 2024, the Shanghai Containerized Freight Index, Baltic Dry Index, Crude Oil Transport Index, and Bulk Commodity Transport Index all showed year-on-year increases of +128%, +59%, -4%, and +21%, respectively. In the first half of 2024, national port cargo, foreign trade cargo, and container throughput all increased year-on-year by 4.6%, 8.8%, and 8.5%. Into the second half of the year, as we enter the traditional peak season, the transportation sector is expected to see price increases in various sub-sectors, with port throughput potentially continuing to grow, driving profits for shipping and port-related stocks. Hot Sectors 1. Solid-state battery concepts are actively trading Solid-state battery concepts are trading actively, with Jiujiang Defu Technology hitting the limit up, Zhejiang Narada Power Source rising over 10%, and other related companies such as Jiangmen Kanhoo Industry, Tianjin Guoan Mengguli New Materials Science & Technology, Guangzhou Great Power Energy and Technology, and Jiangsu Ruitai New Energy Materials following the uptrend. Comment: In recent days, companies like CALB, Guangzhou Great Power Energy and Technology, Fuxin Dare Automotive Parts, and Contemporary Amperex Technology have made progress in the solid-state battery field. Currently, the expected timeframe for small-scale production of solid-state batteries, acknowledged by various enterprises and experts, is 2027. 2. Folding screen concept stocks rising rapidly Folding screen concept stocks are rising rapidly, with Hua Ying Technology rising for three consecutive days, Anhui Tatfook Technology rising over 10%, and companies like Jiangsu Sidike New Materials Science & Technology, Jiangsu Rijiu Optoelectronics Jointstock, Jiangxi...Firstar Panel Technology and others are following the price increase.Review: On the afternoon of September 10th, the price of the world's first tri-fold screen phone Huawei Mate XT Extraordinary Master was officially announced. With the release of the tri-fold screen phone, companies in the foldable screen industry chain such as screens, hinges, and cover plates have attracted market attention. Many companies have recently updated their product production or technology research and development progress, and have stated that the tri-fold screen phone has brought new business volume, increasing industry sentiment. This article is reprinted from "Tencent Self-Selected Stocks", edited by GMTEight: Xu Wenqiang.