Highlights of Morning Meeting of Securities Companies | CES 2025 About to Open, Exciting Combination of AI and Edge Devices Worth Looking Forward to

Last Friday, the market continued to fluctuate downward, with the ChiNext Index hitting a new low since October 8th of last year. The turnover of the Shanghai and Shenzhen stock markets that day was 1.27 trillion yuan, a decrease of 128.7 billion yuan from the previous trading day. The market lacked hot spots, with individual stocks falling across the board. More than 4700 stocks in the entire market fell, with over a hundred stocks hitting the limit down, marking the third consecutive trading day with more than 4000 stocks falling. In terms of sectors, a few sectors such as precious metals saw an increase while sectors like WeChat mini shops, tourism, retail, and education led the declines. By the close of trading last Friday, the Shanghai Composite Index fell by 1.57%, the Shenzhen Component Index fell by 1.89%, and the ChiNext Index fell by 2.16%. At today's morning meeting of brokerage firms, China Securities Co., Ltd. stated that CES 2025 is about to open, and the combination of AI and edge devices is worth looking forward to; Guotai Junan pointed out that WeChat's "blue packet" is expanding its test scope and launching incentive plans, which is expected to catalyze the peak season; CICC stated that the wind power industry in China is expected to reach a historic high in new installed capacity by 2025. China Securities Co., Ltd.: CES 2025 is about to open, the combination of AI and edge devices is worth looking forward to China Securities Co., Ltd. stated that CES 2025 is about to be held, with a focus on the integration of AI with consumer electronics products, automobiles, smart homes, and other fields. Chip manufacturers are expected to release a series of new products, while PC manufacturers are actively pushing for product innovation to accelerate the landing of the AI PC industry. In the automotive sector, traditional car companies have launched a number of smart new products, and autonomous driving and component companies will showcase the latest technological advances and products, covering advanced driver assistance systems (ADAS) to fully autonomous driving. Thanks to the empowerment by tech giants, the level of intelligence of home products is expected to increase, bringing more new experiences. Recommendations: 1. AI PC: Intensive release of chips and whole machine products; 2. Smart driving: The latest developments in intelligent vehicles as well as autonomous driving solutions will be released; 3. Focus on AI terminal direction. Guotai Junan: WeChat's "blue packet" is expanding its test scope and launching incentive plans, expected to catalyze the peak season Guotai Junan pointed out that WeChat's "blue packet" feature is gradually expanding its test scope, which is expected to accelerate fission. WeChat mini shops have released a private domain incentive plan to encourage merchants to promote their shops in multiple scenarios. Categories with strong gifting attributes and affordable prices are expected to benefit first. Considering that the current function of sending gifts on WeChat is more about conveying affection, it is expected that the initial average price per customer will be low, and with the upcoming Lunar New Year and Valentine's Day in January and February, gift-giving scenarios will increase, benefiting emotional new consumption categories such as coffee, snacks, beauty, and personal care products that have gifting and social attributes from WeChat's "gift-giving" function. CICC: The wind power industry in China is expected to reach a historic high in new installed capacity by 2025 CICC stated that the wind power industry in China is expected to reach a historic high in new installed capacity by 2025, with the new installed capacity expected to be more than double that of the end of the previous five-year plan period (2020), especially for offshore wind power projects, which are expected to significantly end the low construction status of the past 2-3 years. Additionally, the export direction is also expected to see an increase in orders, presenting many opportunities for the industry chain. This article is reprinted from "Finance Association", GMTEight editor: Liu Jiayin.