A-share pre-market report | Sudden escalation in US-Iran conflict! Crude oil surges, gold and silver prices plunge collectively.

Pre-Market News 1. Sudden escalation of US-Iran conflict! Tech stock sell-off drags down US stocks, oil surges, gold and silver collectively decline Category: Market Sentiment: Negative US stocks fell for the second consecutive trading day, with the US Central Command stating attacks on multiple targets inside Iran, while Trump escalated threats against Iran and Iran announced the closure of the Strait of Hormuz for all ships. Continued selling of tech stocks continues to weigh on US stocks, with the Nasdaq and Dow down nearly 2%. Chip index fell by 3.6%, underperforming the market for two days, with Qualcomm down nearly 7% and Nvidia down nearly 4%. Crude oil surged, with WTI crude oil rising by over 3.5%. Gold and silver fell for the fourth consecutive day, with spot silver falling by over 2%. 2. Eight major departments! Promote the integration of railways and tourism, analysts say consumer stocks are like gold everywhere Category: Industry Sentiment: Positive On June 10, the Ministry of Commerce and 8 other departments issued the "Several Measures to Promote the Integration and Development of Railways and Tourism to Expand Service Consumption." It proposed coordinating the planning of the tourism industry to promote the coordinated layout and development of cultural and tourism resources and railway resources, and to promote the integration and mutual promotion of railways and tourism. East Money Information securities analyst Chen Guo stated that consumer spending in China is the best in the past five years and the worst in the next five years. Consumer stocks in China are like gold everywhere, at a historical low. 3. US May CPI returns to the 4% era! Energy surge pushes inflation higher, market bets on Federal Reserve to continue to wait and see Category: Macro Sentiment: Neutral Data released by the US Department of Labor shows that due to the rise in energy prices, the US Consumer Price Index (CPI) rose by 4.2% year-on-year in May, hitting a new high since May 2023. This is the first time in three years that the US inflation rate has returned to above 4%. Excluding food and energy prices, the core CPI in the US rose by 2.9% year-on-year in May. Analysts say that consumer faces increased price pressures, which further strengthens the Federal Reserve's rationale for maintaining high interest rates and staying put for a longer period of time. 4. National Development and Reform Commission: Fully implement the "AI+" action to deepen the rectification of "inward competition" Category: Industry Sentiment: Positive On June 10, the National Development and Reform Commission Director Zheng Zhangjie presided over a symposium on the economic situation, stating that the NDRC will strengthen the planning and construction of water networks, new power grids, computing power networks, new generation communication networks, urban underground pipe networks, and logistics networks; accelerate the construction of a modern industrial system, fully implement the "AI+" action; and advance the construction of a nationwide unified market to deepen the rectification of "inward competition." Investment Calendar Ministry of Commerce press conference Investment Tips Investment Tip: Take risks, no blame, but remember never to bet it all on one outcome. -George Soros Institutional Views 1. China Securities Co., Ltd.: The short-term rise of AI chains and increasing trading congestion, it is not advisable to increase the overall position of AI in June. 2. Founder: A-shares are likely to continue in a volatile pattern, focus on high dividend yield and tech growth for allocation. 3. Orient: Currently in a tech adjustment phase, the performance realization of AI computing power chains will determine the medium-term prosperity continue. Market Outlook 1. Ministry of Industry and Information Technology: Creating new intelligent terminals for network integration, strengthening the integration of physical intelligence and information communication Innovation Type: Policy Focus Soochow: Physical intelligence will accumulate knowledge and skills through perception, control, and autonomous learning, forming the ability to affect the physical world. With technological breakthroughs in large-scale models, the market size of physical intelligence is expected to reach 632.8 billion yuan by 2027. 2. Domestic sulfur prices break the ten thousand mark, industry predicts the upward trend may continue Type: Institutional Hot Comment Orient: The global energy transition is driving the demand for sulfur while suppressing supply. Geopolitical conflicts are not the only reason for the uptrend in sulfur prosperity. Optimistic about the long-term systematic rise in sulfur prosperity, reshaping the downstream chemical industry landscape. 3. The 2026 FIFA World Cup in the US, Canada, and Mexico will kick off, with the largest tournament scale in history Type: Market Hot Debate BOC International: The logic behind the rise in sports concept stocks follows the chain of "event landing - crowd gathering - consumption spillover - theme diffusion." It is recommended to invest around three main themes: sports equipment, event scene support and sports consumption, and event dissemination. Announcement Express Positive Announcements 1. BYD Company Limited: Second-generation blade battery production capacity exceeds demand, orders soar 2. Hunan Jingfeng Pharmaceutical: Withdrawal of other risk warnings, stock symbol changed to "Jingfeng Pharmaceuticals" 3. Ningbo Orient Wires & Cables: Recently secured projects with a total amount of approximately 5.231 billion yuan Negative Announcements 1. Tianqi Lithium Corporation: Partial fire incident at the Talison third phase chemical-grade lithium ore plant 2. Shanghai ACE Investment & Development: Received administrative supervision measures from the Shanghai Securities Regulatory Bureau 3. Shenzhen Das Intellitech: First, second, and fifth largest shareholders plan to collectively reduce their shareholding by no more than 4.09% Overseas Market Selected Brother Tip: US stocks closed collectively lower on Wednesday, with the Dow down 1.88% and the Nasdaq down 1.98%. The chip sector saw another sell-off, with Qualcomm dropping more than 6%, Broadcom and ARM dropping more than 5%. Most popular Chinese concept stocks were lower, with Alibaba down more than 3%. This article is reprinted from "Tencent's Self-Selection Stocks", edited by Xiaoyi Chen for GMTEight.