A-share evening hot topics | Latest release in Shanghai! Related to new energy storage

1. Multiple departments speak out! Deepen the reform of elderly care services in this way, accelerate the cultivation of a group of leading silver-haired economic enterprises Importance: On January 9, the State Council Information Office held a press conference, where the Ministry of Civil Affairs, the National Development and Reform Commission, the Ministry of Finance, and other departments introduced measures related to deepening the reform and development of elderly care services. Let's look at the five key points expressed at the press conference: 1) Accelerate the cultivation of a group of leading silver-haired economic enterprises, promote the gradual development of silver-haired economy towards diversified formats. 2) Guide operating entities to match with specific markets, improve product service quality and adaptability to aging. 3) Promote the integration of elderly care with medical health, cultural tourism, finance, and other industries, making it more convenient for the elderly in terms of medical care, transportation, entertainment, etc. 4) Further improve the funding guarantee mechanism for elderly care services, expand the supply of inclusive, basic, and safety-net elderly care services, focusing on ensuring the basic elderly care service needs of special elderly groups such as the extremely poor elderly and economically disadvantaged elderly with disabilities. 5) Promote the inclusion of elderly care services in laws and regulations, elevating the understanding of elderly care services that suit China's national conditions and effective reform measures to legal norms. 2. Shanghai: Strive for application scale of over 800,000 kilowatts of new energy storage capacity by 2026 Importance: The General Office of the Shanghai Municipal People's Government issued the "Shanghai New Energy Storage Demonstration Leading Innovation Development Work Plan (2025-2030)", aiming to establish a core technology and equipment industrial chain for new energy storage by 2026, create 2 new energy storage industrial parks, nurture more than 10 high-quality enterprises with industry-driven effects, strive for an application scale of over 800,000 kilowatts, achieve initial results in peak shaving through energy storage, and drive the industry scale to nearly one trillion yuan. The plan also outlines that by 2030, to cultivate leading enterprises with a scale of over one trillion yuan, strive for an application scale exceeding 2 million kilowatts, achieve complete peak load shaving, and further double the industry scale. 3. Capital speculation in cross-border ETFs! Premium rate exceeds 50%, S&P Consumer ETF to be suspended from trading starting Friday Importance: Guangfa Fund Management Co., Ltd. announced that the secondary market trading price of the S&P Consumer ETF was significantly higher than the net asset value of the fund shares, with a large premium rate. The fund will be suspended from trading starting on January 10, 2025, with the resumption time to be announced separately. On January 9, cross-border ETFs continued to be subject to capital "speculation", with the premium rates of multiple cross-border ETFs continuing to rise, with some funds having a premium rate of over 50%, and several funds having a daily turnover rate of over 700%. At the same time, fund companies are frequently issuing risk warning notices. 4. "Guotai Junan + Haitong" successfully passed the review, awaiting regulatory approval Importance: On January 9, the Guotai Junan and Haitong companies' merger and reorganization application was approved at a meeting of the 2025 1st M&A and reorganization review committee of the Shanghai Stock Exchange. This is also the first M&A and reorganization project approved by the Shanghai Stock Exchange in 2025. Based on the approval speed of Guolian's merger with Minsheng Securities, it is speculated that the regulatory approval for the merger of Guotai Junan and Haitong may have a chance of being issued before the Spring Festival. 5. China Automobile Association's latest release! Wholesale sales of new energy vehicles by 20 car companies exceed ten thousand units monthly Importance: Data from the China Automobile Association shows that in December 2024, the retail sales of new energy passenger vehicles in the market reached 1.302 million units, an increase of 37.5% year-on-year and 2.6% month-on-month. From January to December 2024, a total of 10.899 million units were sold, representing a year-on-year increase of 40.7%. In December 2024, the overall trend of new energy passenger vehicle companies was strong, with 20 companies achieving monthly wholesale sales of over ten thousand units (an increase of 2 companies year-on-year and a decrease of 1 company month-on-month), accounting for 94.2% of the total sales of new energy passenger vehicles (up from 92.8% last month and 91.8% in the same period last year). 6. Economic Daily: Stock market rumors stop with wisdom and governance Importance: An article in the Economic Daily stated that in recent times, various rumors have frequently appeared in the A-share market, causing significant negative impact despite timely rebuttals by regulatory authorities and posing serious hidden risks. The low cost of spreading rumors and the high harm of false information must be severely punished according to the law. A strong crackdown is necessary to prevent the spread of stock market rumors. Collaboration from all parties is essential to eliminate the breeding ground for rumors in the stock market. 7. How to view the continuous expansion of foreign companies' presence in China announced in recent days? Response from the Ministry of Foreign Affairs Importance: Foreign Ministry spokesperson Guo Jiakun, during a regular press conference on January 9, stated that the increased investment by foreign companies in China once again demonstrates the essential nature of mutually beneficial cooperation in China's foreign economic and trade relations. In the first 11 months of 2024, more than 50,000 new foreign-invested enterprises were established in China, representing an 8.9% year-on-year increase. Over the past five years, the return on investment for foreign companies in China has been approximately 9%, ranking among the top globally. Investing in China means investing in the future. All countries are welcome to seize the opportunities in China, share the dividends of China, and achieve mutual benefits. In addition, the following news is also worth noting: 8. The Communist Party of China Central Political Bureau Standing Committee held a meeting all day on January 9. 9. Has the supply of the eighth generation of Wuliangye Yibin been suspended? Wuliangye Yibin responds: No specific information has been received yet. 10. Market Closure Reminder: The U.S. stock market will be closed on January 9 for the national day of mourning for the passing of the 39th President of the United States, Jimmy Carter. Trading will resume as usual on January 10. The trading hours for various futures markets under CME, including stock index futures, interest rates, Shenzhen Agricultural Power Group, government bond futures, precious metals, energy, foreign exchange, and cryptocurrency futures, will end early according to the specified times.Cancel the alarm! U.S. credit card debt unexpectedly plunges.The latest consumer credit data published by the Federal Reserve shows that in November 2024, total consumer credit in the United States decreased significantly by $75 billion, dropping to $5.102 trillion, a year-on-year decrease of 1.8%. This data usually only appears in the midst of an economic recession or worse. Analysts point out that historically, whenever revolving credit experiences such a significant decline, the US economy is often on the brink of or already in a recession. 3. The most important product of this CES? Nvidia's "First PC" At the just-ended CES 2025 Consumer Electronics Show, Nvidia unveiled a series of important products, with the most eye-catching being Project Digits - this AI supercomputer may imply Nvidia's ambition to officially enter the PC market. Currently, it is widely believed in the industry that Nvidia has the ability to achieve the same success in the computer market. Analysts also state that Nvidia is expected to challenge Intel and AMD's dominant position in the PC processor field in the future. Market investment opportunities that are being watched by investors include Siasun Robot&Automation, and cinema chains. 1. AI companionship Siasun Robot&Automation became popular! Listed companies are intensively expanding. During this CES (International Consumer Electronics Show), a new generation of AI companionship Siasun Robot&Automation made a collective appearance. The heat in the domestic AI toy and AI companionship Siasun Robot&Automation arena remains high, with A-share listed companies such as Shifeng Cultural Development and Zhejiang Jinke Tom Culture Industry intensively entering the market. Guotai Junan believes that the potential market demand for AI companionship Siasun Robot&Automation in China is close to a trillion yuan. Referencing the development trends and penetration rates of the pet market, trendy play market, and smart monitoring watch industry, the potential demand for companionship Siasun Robot&Automation among the elderly is estimated to be about 420 billion yuan, while the potential demand among young people is about 500 billion yuan. In the medical field, particularly in the emotional monitoring of autistic children, there is a large application prospect. 2. Will the box office be stable during the Spring Festival? Listed film companies reveal flagship IP sequels, industry insiders expect box office to surpass last year. According to Maoyan Professional Edition data, the 2025 Spring Festival has already scheduled 7 films, with the total Maoyan Want-to-See count exceeding 2 million. Wanda Film Holding's "Detective Tang 1900", Beijing Enlight Media's "Nezha: Naughty Monkey in the Sea", and China Film Co., Ltd.'s "Legend of the Condor Heroes: The Great Xiu" are the top three in the Maoyan Want-to-See list for the Spring Festival. According to Caishilin, many industry insiders believe that considering the considerable volume and accumulated audience of the scheduled films, as well as the fact that the 2025 Spring Festival lasts for eight days, the box office during this period is expected to surpass that of the same period last year, setting a record for Chinese box office history for the Spring Festival. Additionally, the following sectors are worth watching: - Low-altitude economy | The National Development and Reform Commission's Low-altitude Economy Development Department held a symposium to promote the safe and standardized development of the low-altitude economy. - Photovoltaic | The entire photovoltaic industry chain is raising prices, with silicon wafers increasing by nearly 10%. - Autonomous driving | The first 300-ton outdoor heavy-duty unmanned AGV (Automatic Guided Vehicle) in China has been launched in Tianjin. Regarding positive announcements, include paying attention to Inner Mongolia BaoTou Steel Union raising rare earth trading prices, while for negative announcements, note Dianguang Explosion-proof Technology's indication of risks.O.,Ltd.: The company's financial data for the year 2024 is currently being calculated.5. Founder Technology Group: Shareholder Founder Interconnection enters bankruptcy liquidation process. 6. Shanghai Smith Adhesive New Material: The main business does not involve "liquid metal thermal materials". 7. Xiamen Leading Optics: AR glasses or AI glasses are not the main application fields of the company's optical products.