A-share pre-market report: Central Bank and Foreign Exchange Administration speak out! Emphasize the capital market again, Ministry of Industry and Information Technology issues document to strengthen data security protection.

Investment Calendar US December CPI report released today Editor's Opinion Editor's Opinion: Yesterday, the A-share market surged across the board, with the financial and technology sectors leading the rebound; Shenwan Hongyuan Group believes that if the spring frenzy arrives as expected, the leading industries are expected to be domestic consumption and new technology. Pre-market News 1. The central bank and the State Administration of Foreign Exchange spoke out! Related to macroeconomic policies, supporting the capital market, investing in national debt, etc. Type: Macro Emotional Impact: Positive At yesterday's press conference, the central bank stated that it will implement a moderately loose monetary policy by 2025, adjusting and optimizing policy strength and pace as needed; will continuously improve the convenience of using two support tools for the capital market; the State Administration of Foreign Exchange stated that it will resolutely correct pro-cyclical behaviors in the foreign exchange market, and the RMB exchange rate is expected to remain stable in the future. 2. Ministry of Industry and Information Technology issued a document proposing to strengthen data security protection, institutions optimistic about market size growth Type: Industry Emotional Impact: Positive The Ministry of Industry and Information Technology issued a notice to strengthen the protection of customer data security in Internet data centers, specifying data security officers and management departments, and strengthening security measures for customer data management. Huachu Securities pointed out that as the scale of data security grows with the digital economy, it is expected that by 2025, the market for data security protection and governance in China will reach 228.7 billion. 3. M2 grew by 7.3% year-on-year in December! Experts predict that major financial data will significantly warm up in 2025 Type: Macro Emotional Impact: Positive Central bank data shows that M2 grew by 7.3% year-on-year in December last year, with new social financing of about 2.86 trillion, an increase of about 920 billion year-on-year; RMB loans increased by 990 billion, a decrease of about 180 billion year-on-year. Experts believe that vigorously tapping domestic demand and meeting the funding needs of enterprises and residents will become an important focus of policy this year, and major financial data is expected to significantly warm up. 4. Historical first! Cambrian's net profit for the fourth quarter turned positive last year, with the highest full-year loss narrowing by over 53% Type: Company Emotional Impact: Positive Cambrian released its 2024 performance forecast, expecting a net loss of 396 million to 484 million in 2024, a decrease of 42.95% to 53.33% compared to 2023. It is worth noting that the company reported a net loss of 724 million in the first three quarters, which means that the net profit in Q4 is expected to be between 240 million and 328 million, marking the first time in its history that the net profit has turned positive in a single quarter. Institutional Views 1. Shenwan Hongyuan Group: If the spring frenzy arrives as expected in 2025, the leading industries are expected to be domestic consumption and new technology. 2. Huachu Securities: Market rebound may require reliance on monetary policy efforts, and recommends allocating dividend value and small-cap growth. 3. Orient: Expect the rebound high to be limited, with the target temporarily set around 3300, structural themes still the main feature. Positive and Negative Prospects 1. Wenyuan Zhixing wins Swiss autonomous driving project, Robotaxi will be put into operation in the second quarter Type: Market hot topic Open Source Securities: With the rise of autonomous driving, domestic and foreign manufacturers are actively deploying, and the transportation revolution is coming. The L4 level Robotaxi's functionality and experience is the core stage of autonomous driving, and the investment timing by 2025 has arrived. 2. Apple will launch three new Apple Watches: satellite connection, blood pressure monitoring come on board Type: Market hot topic Tianfeng: Continued policy stimulus, trade-ins for consumer electronics products are expected to drive the release of consumer electronics demand. Continuous software and hardware innovation will catalyze a new round of product cycles for Apple. Focus on the consumer electronics industry chain. 3. Low-altitude economy is still a high-frequency term at local two sessions, Heilongjiang proposes to set up an industrial investment fund Type: Market hot topic Shanxi: The scale of China's low-altitude economy exceeded 500 billion yuan in 2023. The market size is expected to reach 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035, with huge market potential and broad development space. Announcement Express Slightly positive announcements 1. Great Wall Motor: Expected net profit of 12.4 billion to 13 billion in 2024, an increase of 77% to 85% year-on-year 2. Anhui Huilong Agricultural Means of Production: Net profit in 2024 is expected to increase by 93.23% to 145.5% year-on-year 3. Qingdao TGOOD Electric: Expected net profit to increase by 70%90% year-on-year in 2024 Slightly negative announcements 1. Shaanxi Meibang Pharmaceutical Group: Expected net profit in 2024 will continue to decline compared to the same period last year 2. Shanghai DZH Limited: Expected net loss of 190 million to 225 million in 2024 3. Advanced Micro-Fabrication Equipment Inc. China: Net profit is expected to decline by 4.81%-16.01% year-on-year in 2024 Overseas Market GMTEight Tips: US stock market indices showed mixed gains and losses, with the Nasdaq falling for the fifth consecutive session, technology stocks continuing to decline, and investors flocking to utilities, financials, and materials stocks; popular Chinese stocks collectively rose, with the Nasdaq Golden Dragon China Index up 2.1%. This article is reproduced from "Tencent Self-selected Stocks", GMTEight Editor: Li Fo.