A shares evening hotspots | Six departments join hands! Targeting the chaotic situation in the automotive industry.

1. The Ministry of Industry and Information Technology and five other departments jointly rectify the chaotic phenomena in the automotive industry's online network. Importance: Recently, the Ministry of Industry and Information Technology, the Central Department of Social Work, the Central Cyberspace Administration, the National Development and Reform Commission, the Ministry of Public Security, and the State Administration for Market Regulation jointly issued a "Notice on Conducting Special Rectification Actions for the Chaotic Phenomena in the Automotive Industry's Online Network," deciding to carry out a three-month special rectification action for the chaotic phenomena in the automotive industry's online network nationwide. This special rectification action will focus on rectifying illegal profiteering, exaggeration and false advertising, malicious defamation attacks, and other online network chaos, improve the efficiency of dealing with the network chaos of automotive enterprises, urge enterprises to standardize marketing and promotional behavior, create a good public opinion environment, and safeguard the high-quality development of the automotive industry. 2. Musk: Tesla is finalizing the Optimus V3 design Importance: On September 9th local time, Tesla's founder Elon Musk discussed the latest situation of Optimus Siasun Robot & Automation at the All-In Summit. Musk believes that Optimus Siasun Robot & Automation is the "greatest product in human history" and that the currently being designed Optimus V3 will address hand flexibility, have an AI brain, and is expected to be mass-produced. 3. Increased net purchases of Chinese stocks by global hedge funds have hit a new high since September last year. Importance: Goldman Sachs, the main broker of the global hedge fund, shows that the risk appetite for Asian stock markets by global hedge funds has remained high for the fourth consecutive month. In August, the net purchases of Chinese stocks (including A-shares and H-shares) by global hedge funds reached a new high since September 2014. Data observed on the Goldman Sachs main brokerage platform shows that in August, the position of global hedge funds in Chinese stocks increased by 76 basis points to the highest point in two years. 4. Trump is willing to substantially increase tariffs on China and India - Foreign Ministry responds Importance: On September 10th, Foreign Ministry spokesperson Lin Jian presided over a regular press conference. A reporter asked, according to reports, US President Trump personally told European officials that he is willing to substantially increase tariffs on India and China to force Russian President Putin to negotiate with Ukraine, but the premise is that the EU must also do the same. What is the Ministry of Foreign Affairs' response to this? 5. The State Council has tentatively approved the Implementation Plan for the Medical and Health Infrastructure Project Importance: On September 10th, the Chinese government website disclosed the State Council's approval of the Implementation Plan for the Medical and Health Infrastructure Project: tentatively approving the Implementation Plan for the Medical and Health Infrastructure Project, please organize and implement it carefully. The plan proposes that by 2027, the layout of primary medical and health institutions will be more reasonable, facility conditions will be further improved, basic public health service capability and basic medical service capability will continue to improve, and efforts will be made to ensure that residents can reach the nearest medical service point within 15 minutes. 6. Public funds' autumn strategy meetings are being held - AI, innovative drugs, and new consumer trends are favored. Importance: Recently, many public funds institutions, such as Guotai Fund, Xingyin Fund, Rich State Fund, and Huabao Fund, held autumn strategy meetings to deploy their investments after September. With the rise of the AI market, technology investment has become a key term repeatedly mentioned at the public funds' autumn strategy meetings. The innovative drug sector, one of the sectors with significant gains this year, remains an important focus for many fund managers. In addition, the new consumer trends in the consumer market have become a key focus of observation for many fund managers. 7. Li Xunlei: The valuation of A-shares still has significant room for improvement, and gold continues to be favored. Importance: Li Xunlei, Chief Economist at Zhongtai International, stated that there is currently no sign of a reversal in the trend of monetary easing, and there is still room for further interest rate cuts in the future. Overall, compared to other markets, A-shares still have some undervaluation, and from the perspective of valuation alone, there is still significant room for improvement. Both in war and peace, gold prices will rise. Gold has a safe-haven property during wars, and for the past few decades of peace since World War II, overall economic growth has been driven by borrowing, with the US, Japan, and the EU all borrowing. An increase in debt will inevitably lead to an oversupply of currency, which is favorable for gold. If there are further interest rate cuts in the future, it will further drive up the price of gold. 8. High-priced stocks maintain high levels, with electronics accounting for one-third of them. Importance: Recently, the market has maintained trading at the "2 trillion-level," with multiple hot stock directions emerging, and high-priced stocks have been frequent. As of the close on the 10th, a total of 136 stocks in the market had a closing price of over 100 yuan, an increase of 1.2 times compared to the end of last year, and the size of these "hundred-yuan stocks" has remained above 100 for 28 consecutive trading days. Looking at the current composition of the "hundred-yuan stocks," electronics stocks account for a high proportion, reaching 32.4%, with computer, pharmaceutical biotechnology, mechanical equipment, and power equipment stocks accounting for nearly 13.2%, 13.2%, 8.1%, and 7.4%, respectively. In addition, the following news items are also worth noting: 9. Defense Minister Dong Jun had a video call with the US Secretary of Defense. 10. Nio announced plans to issue 181,818,190 Class A shares. 1. US stocks' three major indexes show mixed gains and losses, with Oracle's stock price soaring nearly 40%. US stocks' three major indexes saw mixed gains and losses, with the Dow down 0.19%, the Nasdaq up 0.35%, and the S&P 500 up 0.51% as of 10:00 pm. On the market, Oracle surged nearly 40%, reaching a total market value of $950 billion, after announcing that its unconfirmed signed revenue had reached $455 billion, a 359% increase year-on-year. The CEO stated that recent and upcoming orders would drive rapid expansion of the company's cloud infrastructure business in the coming years. 2. US August PPI unexpectedly cools, strengthening the case for Fed rate cuts. The US August Producer Price Index (PPI) recorded a 2.6% year-on-year increase, the lowest since June, well below the expected 3.3%. This marks the first decline in four months, with the report showing that companies avoided significant price hikes last month despite Trump's tariff policy raising business costs. Short-term US interest rate futures rose after the PPI data was released, with traders increasing their bets on a Fed rate cut. Analysts from a US financial website stated that the Consumer Price Index (CPI) report will be released on Thursday. The PPI data is a strong signal that the CPI data may be lower than expected. If the CPI results are lower than expected, especially with such a significant deviation, there is a higher likelihood of a 50-basis point Fed rate cut. 3. European country Poland hit by a stock-currency double kill. On September 10th, amid minor fluctuations in major European stock indices, the Polish stock market suddenly plunged, with the Warsaw WIG20 index plunging over 2.5% at one point; Poland's exchange rate also experienced a sharp drop, with the Zloty to Euro exchange rate falling by 0.4%, the worst performance among Eastern European currencies that day. Earlier, the Polish military said it used force to shoot down unauthorized drones and flying objects that violated its airspace. Foreign media reports that four Polish airports, including Warsaw Chopin International Airport, were briefly closed. Subsequently, the Polish Armed Forces Operational Command stated that during Russia's attacks on targets in Ukraine, Polish airspace was repeatedly violated by drones and other flying objects. 4. Annual non-farm revisions show significant downward revision, Besant calls on the Fed to cut rates as soon as possible. US Treasury Secretary Besant publicly called on the Federal Reserve to reassess its policy stance, citing the latest revised job data indicating that the economic conditions inherited by the Trump administration were much weaker than previously reported. This move not only intensifies the public pressure on the Trump administration towards the Federal Reserve but also adds tension to the upcoming September monetary policy meeting. Market investors will closely monitor whether this significant data revision and pressure from Besant will tilt the balance of the Federal Reserve's policy. In examining the investment opportunities of interest to the market, AI chips are highlighted. 1. Strong demand for AI chips persists! TSMC's August sales surge by 34% year-on-year. The leading semiconductor foundry TSMC saw a 34% year-on-year increase in sales in August, indicating continued strong global demand for cutting-edge artificial intelligence (AI) chips. TSMC announced on Wednesday that its August sales reached NT$335.77 billion, up 33.8% year-on-year and 3.9% month-on-month. Cumulative sales from January to August reached NT$2.43 trillion, up 37.1% year-on-year. Open Source Securities stated that China's AI chip industry is booming, with products like Huawei's Ascend 910B/910C already surpassing Nvidia's H20 in computing performance, and companies like Cambricon continuously launching iterative products. Domestic computing chip designs have already achieved independent control capability on a technical level. In addition to this, the following sectors are also worth monitoring: 2. Satellite Communications | Musk: Building satellites for direct mobile connectivity. 3. Smart Driving | Haar's first self-developed Robotaxi vehicle to be launched on September 11. 4. Storage Chips | CFM: Storage market prices expected to see a comprehensive increase in the fourth quarter. In terms of positive announcements, attention is drawn to BYD Company Limited's increase in holdings by high-ranking executives and core personnel, among others. In terms of negative announcements, caution is advised regarding Ningbo Tuopu Group's recent reduction of shares by its controlling shareholder and concerted action person, among others. Positive announcements 1. BYD Company Limited: Senior management and core personnel increase holdings by a total of 48.82 thousand shares of the company. 2. Trina Solar Co., Ltd.: Subsidiary signs a 2.48GWh energy storage sales contract. 3. Shaanxi Construction Engineering Group Corporation: The company and its subsidiaries won bids for four construction projects worth over 500 million yuan each in August. 4. Damon Technology Group: Plans to win a 2.9 billion yuan smart logistics project for a well-known e-commerce giant in Latin America. 5. Jiangsu Linyang Energy: Wins the first batch of framework tender projects for measuring equipment for the South China Power Grid Company in 2025, with a bid amount of approximately 2.44 billion yuan. Negative announcements 1. Ningbo Tuopu Group: Controlling shareholder and its concerted action person recently reduced holdings by a total of 13.43 million shares. 2. Baiyin Nonferrous Group: Investigated by the China Securities Regulatory Commission for suspected violations of information disclosure laws and regulations. 3. CWB Automotive Electronics: Controlling shareholder and others plan to reduce their holdings by a total of not more than 3% of the company's shares. 4. Sichuan Road & Bridge Group: Controlling shareholder plans to reduce holdings by not more than 2% of the company's shares. 5. Goodwill E-Health Info: Shareholder Saifupuxin plans to reduce holdings by not more than 1.94% of the company's shares. This article is reprinted from "Tencent Self-selection Stocks", GMTEight editor: Li Fo.