A-share market morning report: Three major indexes open high and continue to rise, Hainan concept remains active.

On September 12, the three major A-share indexes opened higher and continued to rise. As of the time of writing, the Shanghai Composite Index rose by 0.46%, the Shenzhen Component Index rose by 0.63%, and the ChiNext Index rose by 1.21%. In terms of market performance, the Hainan concept remained active, with Hainan Haiyao and Hainan Shuangcheng Pharmaceuticals both hitting their daily limit up. Stocks related to the photovoltaic industry were also active, with Jiangxi Haiyuan Composites Technology seeing a second consecutive limit up. Stocks related to copper cables for high-speed connections generally opened higher, with Henan Carve Electronics Technology and Shenyu Communication Technology Inc. both rising by over 5%. Stocks related to Sora concept saw a sudden rise, with shares of OURGAME and Guangdong Insight Brand Marketing Group both rising by over 5%. In terms of declines, insurance and bank stocks continued to adjust, with Hubei Biocause Pharmaceutical hitting its daily limit down, and shares of Agricultural Bank of China and China Construction Bank Corporation falling by over 1.5%. Shanghai Guijiu also hit its daily limit down, as the company announced that its actual controller had been subjected to criminal coercive measures. In terms of main fund flows, funds favored industries such as communication equipment, components, and medical devices, while funds exited industries such as banks, energy metals, and batteries. Institutional Views: Looking ahead, China Securities Co., Ltd. stated that investors can continue to focus on the direction of stable growth policies, sectors showing marginal improvement in performance at low levels, sectors showing growth in half-year reports or facing a turning point in performance, sectors stimulated by policies and events, and sectors related to state-owned enterprise reforms. Sinolink: Huawei to release Mate XT third foldable phone, continuous interest in foldable screen penetration Sinolink research report pointed out that on September 10, Huawei released its third foldable phone, Mate XT. The growth in triple-fold hardware is significant, with hinges and flexible screens being the main drivers of costs for foldable screen phones. As foldable screen smartphone components transition from highly customized to standardized and modular supply models, production processes streamline, production efficiency and yield rates improve, which is expected to bring economies of scale, effectively reduce the overall manufacturing cost of foldable screen phones, accelerate industry penetration. Recommend to pay attention to NBTM New Materials Group among others. Popular Sectors: 1. Hainan Free Trade Zone sector remains active The Hainan Free Trade Zone sector remains active, with Hainan Haiyao and Hainan Shuangcheng Pharmaceuticals both hitting consecutive limits up. Xinlong Holding (Group) Company, Honz Pharmaceutical, Hainan Jinpan Smart Technology, among others, leading the gains. Analysis: In terms of news, in recent days, the Ministry of Finance and other five departments announced zero tariffs on drugs and medical devices in the Hainan Free Trade Port. It mentioned that before the island is sealed off for operation, medical institutions, medical education higher institutions, and medical institutions of medical and medicine research registered in Boao Lecheng International Medical Tourism Pilot Zone in Hainan with independent legal person status and is recognized, can import drugs and medical devices stipulated in this notice and use them without paying import tariffs and value-added tax. 2. Photovoltaic sector remains active The photovoltaic sector remains active, with Jiangxi Haiyuan Composites Technology seeing a second consecutive limit up. Wuxi Autowell Technology Co., Ltd., Bringspring Science & Technology, Hainan Drinda New Energy Technology, TCL Zhonghuan Renewable Energy Technology, Jolywood, Shanghai Aiko Solar Energy, Hangzhou First Applied Material, Gansu Golden Solar, among others, following the uptrend. Analysis: In terms of news, spurred by news of Contemporary Amperex Technology considering adjusting its production capacity, stocks in the solar energy, CECEP Solar Energy, and lithium mining sectors collectively surged in the US market last night. The Pacific Securities believes that the next six months to a year will be a window for the solar industry to confirm a major cyclical bottom. In the short term, the operating rates of enterprises in various links continue to decrease, accelerating capacity clearing and stabilizing industrial chain quotations; in the long term, accelerated overseas expansion is a common choice for the industry chain. 3. AI concept stocks surge AI concept stocks surged, with OURGAME and Guangdong Insight Brand Marketing Group both hitting their second consecutive limit up. In conclusion, market structures have changed recently, favoring the restoration of investor risk preferences. It is suggested to continue focusing on sectors such as stable growth policy directions, sectors showing marginal improvement in performance at low levels, sectors showing growth in half-year reports or facing a turning point in performance, sectors stimulated by policies and events, and sectors related to state-owned enterprise reforms. It is important to continue grasping the rotation of hotspots and operational rhythms, patiently waiting for the market to establish its foundation.Roup, Wondershare Technology Group, TVZone Media, Kunlun Tech, Zhejiang Huace Film & TV, etc., have all seen a rise.Review: On the news front, NVIDIA CEO said that there is a strong demand in the market for Blackwell, causing supply shortages and leading to tense customer relationships. Suppliers are working hard to catch up, and NVIDIA's stock rose by over 8%. 4. State-owned enterprise reform concept rises again The concept of state-owned enterprise reform rose again, with Baoding Tianwei Baobian Electric rising for 9 consecutive days, hitting the daily limit six times. Additionally, stocks such as Harbin Dongan Auto Engine, Jianshe Industry Group, Gansu Mogao Industrial Development, and Hangzhou Hirisun Technology Incorporated also hit the daily limit. Review: On the news front, Tan Zuojun, member of the Party Committee and Vice Chairman of the State-owned Assets Supervision and Administration Commission of the State Council, stated that in the next step, the State-owned Assets Supervision and Administration Commission of the State Council will fully leverage the breakthrough and driving role of the reform, promote central enterprises to focus on enhancing core functions, improving core competitiveness, actively cultivating and developing new productive forces, and accelerate the construction of more world-class enterprises. This article is republished from "Tencent Stock Selection", GMTEight Editor: Chen Wenfang.