A-shares opening express | A-shares narrow trading range! Apple concept stocks strengthen, military industry chain adjusts

On August 7th, the A-shares market opened with narrow fluctuations. As of 9:42, the Shanghai Composite Index rose by 0.10%, the Shenzhen Component Index rose by 0.20%, and the Growth Enterprise Index rose by 0.13%. In terms of market performance, the Apple concept strengthened, with Risuntek Inc hitting the limit up; the PEEK material concept continued to be strong, with Zhejiang Zhongxin Fluoride Materials hitting a three consecutive limit up; the liquid-cooled server concept was active again, with ShenZhen QiangRui Precision Technology and Beijing Tricolor Technology hitting historical highs. On the downside, the military industrial chain saw a correction, with steel, coal, and tourism sectors leading the decline. Looking ahead, Huatai believes that the market in August can still be expected, focusing on opportunities in autonomous and controllable industries and national defense and military industries. Hot sectors: 1. The Apple concept is strong. Stocks related to the Apple concept fluctuated and strengthened, with Risuntek Inc hitting the limit up, and Foxconn Industrial Internet, ShenZhen QiangRui Precision Technology, Lens Technology, NBTM New Materials Group, Zhejiang Lante Optics, Luxshare Precision Industry, etc., following the uptrend. Institutional perspectives: 1. Huaxi: A-shares "slow bull" trend remains unchanged. Huaxi believes that looking ahead, with the expectation of a Federal Reserve rate cut reignited and ample macro-liquidity domestically, it is conducive to the continuation of the "slow bull" trend in A-shares. Since the "623" market, the characteristics of sectoral rotation and bottom-up rise in A-shares have been evident, with better sustainability of profit-making effects. Market increment funding sources are more extensive, with participation from mutual funds, private equity institutions, and financing funds. In the context of an asset allocation deadlock, the positive feedback effect of "resident capital entering the market and slow rise in the stock market" is expected to strengthen. Industry positioning recommendations include focusing on new technologies, new growth directions such as AI computing power, Siasun Robot & Automation, solid-state batteries, and dividend sector restructuring opportunities after the pullback. 2. Galaxy Securities: The market may be in a local hot spot rotation trend. Galaxy Securities believes that the market is expected to remain in a volatile and higher range, focusing on structural opportunities. In August, during a period of policy vacuum and concentrated disclosure of semi-annual reports, the market may be in a local hot spot rotation trend, taking advantage of investment opportunities with strong earnings certainty. Looking ahead, the market trend remains positive. Under the new blueprint of the "thirteenth five-year plan," the market will focus on longer-term economic structural transformation and positive industry trends. 3. Huatai: Market conditions in August are still promising, focusing on opportunities in autonomous and controllable industries and national defense and military industries. Huatai believes that this bull market is a "water buffalo" market driven by high liquidity. Small-cap stocks are more sensitive to changes in liquidity and risk preferences. Large-cap stocks are constrained by economic performance, often reflecting lagged behind small-cap stocks. This creates the appearance of structural market conditions. This year, thematic stocks and even the style of "speculative trading" will have significant performance potential. Looking ahead, considering the September 3rd military parade as an important milestone, market conditions in August are still promising, focusing on opportunities in autonomous and controllable industries and national defense and military industries. Siasun Robot & Automation, innovative drugs, and computing chains are areas of focus for funding, with opportunities for buying low. This article was originally published by Tencent and edited by GMTEight. Editor: Jiang Yuanhua.