Evening Focus on A-shares | Ministry of Commerce declares its stance! It is related to the relaxation of market access.

1. Ministry of Commerce: Will implement "subtraction" of negative lists and "addition" of optimized business environment Importance: The Ministry of Commerce held a routine press conference, with spokesman He Yadong stating that by 2025, the Ministry of Commerce will resolutely implement the deployment of the Central Committee of the Communist Party of China and the State Council, increasing efforts to attract and stabilize investment. Will implement the "subtraction" of negative lists and the "addition" of optimizing the business environment. The focus will be on the following tasks: 1. Expand opening up and continue to broaden market access. Currently, restrictions on foreign investment access in the manufacturing industry have been "zeroed out." Will steadily promote the opening up of the service industry, promote the expansion of pilot openings in telecommunications, healthcare, education, and other fields. Will also revise and expand the "Encouraged Catalog for Foreign Investment Industries" to enhance the attractiveness of investment policies. 2. Build brands and run "Invest in China" activities well with high quality. 3. Strengthen services to create a first-class business environment. 2. Foreign institutions optimistic about the Chinese market! Stock market resilience, continued value release in bond market Importance: Recently, several foreign giants have expressed their views on the investment prospects in the Chinese market in 2025. In terms of stock assets, foreign institutions generally have a positive view of the strong resilience of Chinese listed companies. In the background of export data and the macroeconomic recovery, they believe that some industries will continue to perform strongly. The technology sector is seen as a core direction for global investment, dividend strategies are expected to continue to be favored, and in the consumer sector, emotional consumption is also expected to bring new growth momentum. In terms of bond assets, foreign institutions generally believe that the Chinese bond market will continue to perform steadily in the context of loose policies. Although there may be adjustments in the short term, the overall value of allocation remains high. Investors are advised to focus on medium-short duration varieties and credit sinking strategies. (Continued in next reply)The first interest rate meeting, this will also be the first major central bank to announce a rate decision since US President Trump took office. Currently, according to overnight index swap trading, traders widely believe that the probability of the Bank of Japan raising interest rates by 25 basis points to 0.5% on Friday is about 100%, more than double the probability at the end of last year.3. The US Dollar is Unstoppable, Asian Central Banks Seek New Foreign Exchange Defense Tools With the inauguration of Trump 2.0, global economic volatility has intensified, especially against the backdrop of the strengthening US Dollar. Many Asian countries are facing the risk of currency depreciation. In the face of the strong US Dollar, countries like Indonesia and South Korea are taking new measures to maintain stability in their currencies. The South Korean Ministry of Finance recently announced the issuance of special bonds totaling up to 20 trillion Korean won to replenish the foreign exchange stabilization fund. India is relaxing strict controls on the rupee, while Indonesia announced new regulations restricting the repatriation of overseas profits by businesses. In terms of investment opportunities, AI toys such as bean bags are attracting attention. 1. Accelerated Layout of AI Toys! Many Bean Bag Concept Stocks Expected to Perform Well The official launch of the real-time voice AI toy large model has added fuel to the concept of AI toys. Active in this trend, wireless communication module provider Fibocom Wireless Inc. has recently launched an AI toy large model solution. In addition, companies like Quectel Wireless Solutions, MeiG Smart Technology, and Espressif Systems, among others, are expected to perform well in the bean bag concept. CMSC believes that AI toys are an ideal landing scenario for AI applications in the short term, and the toy industry will consider AI interactive capabilities as the most basic requirement. The toy industry is being reshaped by AI. Representative products that have already been launched include BubblePal by Yuanran Innovation and "eye-catching bags" by ByteDance, which have performed well in the market, demonstrating a huge potential demand for AI trend toys. In addition, the following sectors are also worth paying attention to: 2. Siasun Robot & Automation: Following the example of UBTECH Robotics, another Chinese company, Yunshu Technology, has showcased a new video of a robot dog. 3. Food: The State Administration of Grain and Material Reserves held a meeting to dispatch grain and oil market supply guarantees. In terms of positive announcements, Self-selected Brother suggests paying attention to Allwinner Technology's net profit growth estimate; in terms of negative announcements, pay attention to Shanghai Welltech Automation's risk of being delisted. Positive announcements: 1. Allwinner Technology: Expected non-GAAP net profit of 110 million to 145 million yuan in 2024, a year-on-year increase of 1456% to 1951%. 2. Intco Medical Technology: Expected non-GAAP net profit of 950 million to 1.2 billion yuan in 2024, a year-on-year increase of 990% to 1277%. 3. Anshan Hifichem: Expected net profit of 110 million to 140 million yuan in 2024, a year-on-year increase of 900% to 1172%. 4. Shanghai Guangdian Electric Group: Expected net profit of 60 to 84 million yuan in 2024, a year-on-year increase of 310.52% to 474.72%. 5. Shengyi Electronics: Expected net profit of 300 million to 358 million yuan in 2024, achieving a turnaround from loss to profit. Negative announcements: 1. Shanghai Welltech Automation: Expected loss of 16 to 24 million yuan in 2024, facing the risk of being delisted after the annual report is disclosed. 2. GEN-S POWER Group: Company's stock may be at risk of being delisted. 3. Thinker Agricultural Machinery: Expected net loss of 110 million to 170 million yuan in 2024, stock may be at risk of being delisted. 4. Changjiang Pharmaceutical Group: Company's stock trading may be at risk of being delisted. 5. Yonyou Network Technology: Expected net loss of 1.72 to 1.92 billion yuan in 2024. 6. JA Solar Technology: Expected loss of 4.5 to 5.2 billion yuan in 2024. 7. Haoxiangni Health Food: Expected net loss of 52 to 75 million yuan in 2024. This article is reprinted from "Tencent Self-selected Stocks", GMTEight Editor: Xu Ran.