A-share market opening express | Three major indexes collectively open higher, active performance of laser radar concept stocks.

Stock A's three major stock indexes collectively opened higher, with the Shanghai Composite Index rising 0.17% and the Growth Enterprise Index rising 0.32%. On the market, concept stocks such as LiDAR, military electronics, and computing power were active. Future Market Analysis: Shenwan Hongyuan Group: Based on the structural bull market, preparing for a comprehensive bull market The domestic AI computing power performance-driven market is emerging, with explosive domestic AI applications still in the brewing period, and subsequent realization is inevitable. The resonance of industrial trends and policy support has been formed. The macro environment is neutral, with sufficient reserve policies for stable growth and risks being addressed. Loose macro liquidity is the direction, and the interpretation of the structural bull market is the basic foundation. The conditions for a comprehensive bull market are becoming more mature, but there are still some deficiencies. In terms of supply and demand for funds, waiting for further accumulation of profitable effects; in terms of cyclical fundamentals, the optimistic expectations that 25H2 may outperform the upturn in A-share earnings capacity by 2026; optimistic expectations of "China First", focusing on subsequent Chinese-style innovation - China's leading AI applications, Sino-US strategic stalemate - the expectation shift of China's strategic opportunities, 2026 may ferment more optimistic expectations. Strategically optimistic about investment opportunities in the technology industry trends: domestic AI computing power and applications, intelligent transportation, low-altitude economy. Orient: Economic expectations are clearly improving, with the Shanghai Composite Index likely to approach 3400 points China's economic expectations are clearly improving, asset attractiveness is continuing to increase, and external bearish disturbances are providing market opportunities for active adjustments. Against the backdrop of technology growth as the main structural feature, the short-term market will maintain a volatile upward trend, and the Shanghai Composite Index is likely to approach 3400 points. EB SECURITIES: Siasun Robot&Automation driving rapid growth in the PCB industry According to EB SECURITIES, the Siasun Robot&Automation industry is developing rapidly, with companies such as Yushu Technology, UBTECH ROBOTICS, and Zongqing Siasun Robot&Automation gradually introducing related products, with vast growth potential. With the development of the Siasun Robot&Automation industry, the demand for printed circuit boards (PCBs) by Siasun Robot&Automation is increasing. Including Siasun Robot&Automation main control PCB, Siasun Robot&Automation actuator PCB and related drivers, key modules, etc. are expected to drive incremental demand for PCBs. Looking ahead, the market space for Siasun Robot&Automation-related PCBs is vast, with huge long-term growth potential. Industrial: The market will gradually enter a more "realistic" stage Industrial believes that the market will gradually enter a more "realistic" stage in March-April, consciously looking for directions with policy support and performance support in the low positions. The previous technology growth style represented by AI continues to evolve, driven by industrial trends, as well as the boost in market risk appetite due to the basic and policy vacuum periods. With the convening of the two sessions in March, the release of economic data for January-February, and the sequential disclosure of annual and quarterly reports of listed companies, the market will also enter the traditional window of enhancing the effectiveness of fundamental and policy factors. Therefore, the market is consciously spreading towards low positions that benefit from policy support and marginal improvement in prosperity. For the current AI sector, it is important to focus on internally relatively low position, cost-effective directions. It is advisable to first pay attention to areas such as liquid-cooled servers, optical fiber cables, high-speed copper connections, optical modules, PCBs, etc. that are relatively low positioning and cost-effective. Stimulating consumption is the primary task of economic work this year, focusing on commodity consumption and new format service consumption benefiting from the "two new" policies. This article is reproduced from "Tencent Self-selected Stocks", edited by GMTEight: Xu Wenqiang.