Pre-market report on A-shares | Trump says "war will end soon", global assets rebound, crude oil plunges 30% from the daily high.

Pre-market news 1. Trump says "war will end soon," global assets rebound, crude oil plunges 30% from daily high Type: Market Sentiment impact: Positive On Tuesday, all three major US stock indices closed higher, with large tech stocks generally rising, and Nvidia up 2.72%. Popular Chinese concept stocks rose, with the Nasdaq Golden Dragon Index up 1.76%. After Trump hinted that the war would soon end, crude oil prices plummeted, with US oil falling more than 31% from the daily high. The Japanese and South Korean stock markets also rebounded collectively on Tuesday, with the Nikkei 225 Index up nearly 2% and the South Korean KOSPI Index up over 5%. 2. AI "Lobster" OpenClaw Intelligence Entity remains hot! Surge in demand for computing power Type: Industry Sentiment impact: Positive AI applications are accelerating in landing scenarios, with the OpenClaw Intelligence Entity remaining hot, actively promoted by governments and businesses. Major mainstream cloud service providers like Tencent Cloud and Kimi are gradually launching support for OpenClaw access. In terms of policies, cities like Wuxi and Shenzhen have introduced policies to promote the development of the AI industry. Orient believes that the demand for computing power is shifting from intermittent "conversation" demand to continuous "execution" demand, leading to an accelerated increase in computing power consumption. 3. Annual report explosion! Ningde+Hithink RoyalFlush Information Network's performance both soared Type: Company Sentiment impact: Positive Contemporary Amperex Technology announced that its operating income for 2025 was 423.702 billion yuan, a year-on-year increase of 17.04%, and net profit was 72.201 billion yuan, a year-on-year increase of 42.28%. The company plans to distribute cash dividends of 69.57 yuan (tax included) per 10 shares to all shareholders, totaling approximately 31.532 billion yuan in cash dividends. Hithink RoyalFlush Information Network achieved annual revenue of 6.029 billion yuan in 2025, a year-on-year increase of 44.00%. The company's fourth-quarter quarterly revenue was 2.768 billion yuan, accounting for approximately 46% of the annual revenue. 4. Taking action to cool down! Volatility and risks in the crude oil market continue to increase, exchanges take multiple measures Type: Industry Sentiment impact: Neutral Amid the US-Iran geopolitical conflict, with the continued increase in volatility and risks in the crude oil market, exchanges have taken action to prevent risks! After the market on March 9, the Shanghai Futures Exchange and Shanghai International Energy Trading Center successively issued multiple announcements, adjusting the trading limits, limit-up and limit-down levels, and trading margin ratios for crude oil and other commodities. Investment calendar The 5th Wind Power Operation and Maintenance Technology Transformation Symposium Investment tips The true criterion for investment is whether it creates real value that benefits the overall prosperity of society. - Zhang Lei "Value" Institutional views 1. Shenwan Hongyuan Group: Global risk preferences are generally declining, but the short-term adjustment market is brewing the power of misjudgment and oversold. 2. Cai Xin Securities: Driven by factors such as the new round of technological revolution, the current trend of A-shares' oscillation and upward movement will continue. 3. Orient: The "trading geopolitical conflicts" will gradually fade, and attention should be focused on industries with high certainty of first-quarter results. Positive and negative outlook 1. China's large model weekly call volume has exceeded the US for two consecutive weeks! MiniMax M2.5 leads the global Type: Market hot topic Sinolink: In 2026, AI large models have surpassed the technology pedestal category and evolved into a dominant traffic entrance in the AI era. Its powerful semantic understanding, data analysis, and multimodal generation capabilities are currently reaping commercial dividends in multiple high-frequency scenarios such as marketing. 2. Ministry of Industry and Information Technology urgently warns of OpenClaw security risks, triggering explosive demand for AI network security Type: Market hot topic Guotai Haitong: The government work report in 2026 emphasizes deepening the "AI+" action, and the strategic layout of cutting-edge technologies continues to strengthen. In this context, information security, as the security cornerstone of the digital economy, will directly benefit from the construction needs of the new national strategic security direction. 3. Apple rare significantly raises foldable device stocking demand, incremental growth in the industry chain can be expected in the future Type: Institutional hot review Open Source Securities: With the resolution of tariff issues, increased AI investments by Apple, and new product rhythms, the fruit chain is expected to enter a valuation repair and prosperity upswing zone over the next few years. Focus on core suppliers of fruit chains, elastic targets such as foldable screens/AI glasses, and device manufacturers. Announcement Express Positive announcements 1. Contemporary Amperex Technology: Achieved a net profit of 72 billion yuan in 2025, a year-on-year increase of 42.28%. 2. Guangzhou Tinci Materials Technology: Net profit in 2025 increased by 181.43% year-on-year, proposing a cash dividend of 3 yuan per 10 shares. 3. Hithink RoyalFlush Information Network: Net profit in 2025 was 3.205 billion yuan, a year-on-year increase of 75.79%. Negative announcements 1. Poly Developments and Holdings Group: Signed area in February was 454,800 square meters, a year-on-year decrease of 41.91%. 2. Routon Electronic: The company's stock may be delisted due to a market value of less than 500 million yuan. 3. Luoniushan Co., Ltd.: Sales revenue in pigs in February was 80.2206 million yuan, a year-on-year decrease of 20.34%. Overseas markets After Trump declared that the war is "basically over," the US stock market rebounded and closed higher on Monday, with the Nasdaq rising over 1%. Large tech stocks generally rose, with Nvidia up 2.72% and Micron Technology up 5.14%. The Chinese concept stock index rose by over 1.5%, with Alibaba up 1.41%. This article is reprinted from "Tencent Stock Selection." Editor: Xu Wenqiang.