Brokerage Morning Meeting Highlights | Data Elements May Enter a Period of Intensive Policy Implementation in the Second Half of the Year

The market fluctuated and rebounded yesterday, with the Shenzhen Component Index leading the gains. Overall, more stocks rose than fell, with nearly 4800 stocks in the entire market rising. The turnover of the Shanghai and Shenzhen markets was 627 billion, an increase of 147.7 billion from the previous trading day. In terms of sectors, liquor, food processing, non-ferrous metals, domestic software, and other sectors saw the biggest gains, while a few sectors such as the shipping industry and insurance saw declines. At the close of yesterday, the Shanghai Composite Index rose by 0.69%, the Shenzhen Component Index by 1.19%, and the ChiNext Index by 0.85%. At today's morning meeting of securities firms, China Securities Co., Ltd. pointed out that data elements may enter a period of intensive policy implementation in the second half of the year; GF SEC proposed that the trend of economic recovery is significant, and AI+ domestic substitution will drive growth. China Securities Co., Ltd.: Data elements may enter a period of intensive policy implementation in the second half of the year According to a research report from China Securities Co., Ltd., data elements are accelerating from resourceization to assetization and capitalization. In the first half of 2024, 52 listed companies conducted data asset inclusion work, totaling 13.89 billion yuan, a 1248% increase from the first quarter. In the second half of 2024, data elements are about to enter a period of intensive policy implementation, accelerating into a new development period with clear rules, regulations, implementation paths, and application scenarios. GF SEC: Significant trend of economic recovery, AI+ domestic substitution driving growth GF SEC stated that in the first half of 2024, as industries gradually recover and destocking comes to an end, the electronic industry's business climate enters an upward trajectory, with listed companies' overall revenue rebounding year-on-year, significant improvement in profitability, and a noticeable trend of cyclical recovery. In the AI era, the algorithm is essential. In the future, the space for domestic substitution remains vast, and domestic semiconductor companies are expected to continue benefiting from the ongoing process of domestic substitution. This article is reprinted from "Cailianshe". GMTEight editor: Jiang Yuanhua.