A-share evening hotspots | National Development and Reform Commission makes a strong statement involving technology and consumption.

1. NDRC Director Zheng Zhujie: Adopt extraordinary measures to promote breakthroughs in key core technologies in key areas Importance: Zheng Zhujie, Director of the National Development and Reform Commission, published an article in "Party Building" magazine titled "Deeply learn and implement the spirit of the Fourth Plenary Session of the 20th Party, and create a new chapter of Chinese-style modernization with new high-quality development results." The article stated that speeding up high-level scientific and technological self-reliance, leading the development of new quality productive forces. Strengthen original innovation and key core technology research, adopt extraordinary measures, and comprehensively promote breakthroughs in key core technologies in key areas throughout the chain. In addition, regarding consumption, the article proposed to strengthen the domestic circulation and smooth the domestic and international dual circulation. Construct a strong domestic market, accelerate the construction of a new development pattern. Adhere to the strategic foundation of expanding domestic demand, vigorously boost consumption, expand effective investment, decisively eliminate obstacles to the construction of a unified national big market, promote efficient connectivity between domestic and international markets, and better lead the international cycle with the domestic cycle. 2. Fed Interest Rate Cut vs. Japan Interest Rate Hike? U.S. market hit by shockwave, U.S. bond yields break 4% Importance: At a time when the market generally expected the Fed to continue cutting interest rates, the Bank of Japan across the Pacific unexpectedly signaled a possible interest rate hike, breaking market calm and pushing key U.S. bond yields back above 4%, forcing investors to reevaluate the risks of global capital flows. Wall Street's concern is that the continuously rising bond yields in Japan may attract funds to withdraw from U.S. investments, thereby causing a rise in U.S. bond yields. As the "pricing anchor" of the global economy, U.S. bond yields play a crucial role in determining consumer and corporate borrowing costs and the prices of various financial assets. 3. MIIT Chief Gao Dongsheng: Comprehensive promotion of innovation and development of ship and marine engineering equipment, continuously improving industrial technological innovation capabilities Importance: On December 2, Gao Dongsheng, Chief Economist of the Ministry of Industry and Information Technology, stated at the Senior Maritime Forum of the China International Maritime Exhibition 2025 that the MIIT will accelerate the deep integration of technological innovation and industrial innovation, towards major demands and frontier areas such as deep sea, polar regions, green intelligence, etc. Strengthen the position of enterprises in innovative technology, promote the aggregation of innovative resources to enterprises, accelerate key core technology research, strengthen trial verification and application, comprehensively promote the innovation and development of ship and marine engineering equipment throughout the chain, and continuously improve the industrial technological innovation capabilities. 4. PBOC net puts 500 billion yuan of government bonds on open market in November Importance: The People's Bank of China released the liquidity injection status of various central bank tools in November 2025, with a net put of 500 billion yuan in open market government bonds in November. This is the second consecutive month of government bond transactions. In addition, other structural monetary policy tools in November saw a net injection of 115 billion yuan in other structural currency policy tools, a net injection of 254 billion yuan in pledged supplementary loans (PSL) in November, and a net injection of 1 trillion yuan in medium-term lending facilities (MLF) in November. 5. Six major banks fully stop selling 5-year large-denomination certificates of deposit Importance: A recent survey by reporters found that six state-owned banks including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank Corporation, BANKCOMM, and Postal Savings Bank of China have fully stopped selling 5-year large-denomination certificates of deposit products. Some joint-stock banks and city commercial banks have also followed suit, shrinking their long-term deposit operations. On this, analysts said that the suspension of 3-year and 5-year large-denomination certificates of deposit issuance is related to the current trend of interest rates. Banks are unwilling to pay higher costs for long-term deposits in the downward trend of interest rates. In addition, in the past two years, the enthusiasm for household deposits has been high, the scale of bank deposits has grown rapidly, and the demand for credit is weak, resulting in banks not being very eager to attract long-term deposits. 6. Amazon Cloud Computing Summit opens! CEO takes the stage tonight, new models and chips are about to debut? Importance: The annual cloud computing summit "AWS Re:Invent 2025" hosted by Amazon Web Services (AWS), the world's largest cloud service company, has opened. Currently, AWS accounts for one-fifth of Amazon's sales, and in many quarters, its profits exceed half of the entire Amazon group. The opening speech of AWS CEO Matt Garman may be the most anticipated highlight in the market. Amazon's new generation Nova AI model is expected to be one of the most anticipated focuses in the market, which may also be one of the core themes when AWS CEO Matt Garman gives the opening keynote speech. At the same time, the entire industry will also closely watch the latest progress of Amazon's self-developed Trainium artificial intelligence chip. 7. OpenAI sounds "red alert": All efforts to save ChatGPT, suspend all new projects Importance: An internal memorandum seen by The Wall Street Journal shows that OpenAI CEO Sam Altman told employees on Monday that the company has announced a "red alert" status to boost the quality of ChatGPT and thus postponed the development of other products. Altman stated that OpenAI still has a lot of work to do in improving the daily user experience of ChatGPT, including enhancing personalized functions, increasing operating speed and reliability, and expanding the range of questions it can answer. He mentioned in the memo that OpenAI plans to release a new reasoning model next week that outperforms Google's latest Gemini model in performance, and the company has also performed well in other aspects. 8. What signal? Musk personally recommends two major AI stocks: Google and NVIDIA! Importance: In a recently aired podcast, when asked which AI stocks he would bet on in the stock market, Elon Musk personally recommended two "big AI stocks" - Alphabet, Google's parent company, and NVIDIA. Musk also said that Alphabet has laid a solid foundation for creating huge value from an AI perspective. On the other hand, in Musk's view, NVIDIA is an "obvious" choice. It still dominates the artificial intelligence industry and has cooperated with almost all major players in the industry. In terms of market focus investment opportunities, it was found that lithium iron phosphate and other sectors are of interest. 1. Supply and demand contradictions are gradually increasing, with several lithium iron phosphate industry leaders proposing price increases. The A-share lithium iron phosphate sector was active against the market, with core companies such as Jiangsu Lopal Tech. Group, Hunan Yuneng New Energy Battery Material, and Hubei Wanrun New Energy Technology all seeing their stock prices rise collectively. Behind the market fluctuations, there are reports that the lithium iron phosphate industry is undergoing a collective price increase action. In response to this, when the reporter called Jiangsu Lopal Tech. Group, an operator confirmed that there is indeed a recent price increase trend in the industry, and sales personnel are actively communicating the reasons for the price increase with customers. The operator candidly stated that the price increase is an inevitable trend for the industry as the prices of lithium iron phosphate raw materials rise, and the profit margins of the lithium iron phosphate industry are under pressure, coupled with the continuous expansion of market demand. In addition, the following sectors are also worthy of attention: 2. Brain-Machine Interface: Jiangxi supports the inclusion of brain-machine interface medical devices in the recommended product catalog for innovation. 3. Energy storage batteries: Energy storage battery production increased by over 60%, LG New Energy aggressively expands production. 4. Siasun Robot&Automation: Tsinghua University established the Self-Intelligence and Siasun Robot&Automation Research Institute, and the 2025 Siasun Robot&Automation Application Scenario Ecological Conference is about to be held. Regarding slightly positive and slightly negative announcements, it is recommended to pay attention to Xi'an Yicai's plan to invest in the construction of a silicon material base, etc.; and for slightly negative announcements, pay attention to Guomai Media's film investment losses, etc. Slightly positive announcements 1. Xi'an Yicai: Plans to invest approximately 12.5 billion yuan in the construction of a silicon material base project in Wuhan 2. Shenzhen EXC-LED Technology: Plans to acquire 100% equity of Dongguan Silicon Flying for 2.2 billion yuan and will resume trading tomorrow 3. Shenzhen Longsys Electronics: Plans to raise no more than 3.7 billion yuan through a private placement, for the R&D and industrialization projects of high-end storage devices in the AI field, semiconductor storage control chip series R&D projects, etc. 4. Wankai New Materials: Investing 350 million in the construction of a 100,000-ton/year terephthalic acid technological transformation project 5. Anhui Transport Consulting & Design Institute: Recently won 17 projects with a total bid amount of approximately 251 million yuan 6. Willfar Information Technology: Won three power project contracts with a total contract amount of 65.3271 million yuan Slightly negative announcements 1. Guomai Culture & Media: Reports a film investment loss of approximately 40 million yuan 2. Suzhou TFC Optical Communication: Vice general manager and other executives plan to collectively reduce their holdings by no more than 475,000 shares 3. Greattown: Controlling shareholder's 10.13% stake in the company was frozen and marked by the judiciary 4. EMTEK (Shenzhen)Co.,: Shareholder Li Shengping plans to reduce his holdings by no more than 2.77% 5. Asiainfo Security Technologies: Several shareholders including Nanjing Anrong plan to collectively reduce their holdings by no more than 1.75% This article is reproduced from "Tencent Self-Selection Stock", edited by GMTEight: Xu Wenqiang.