A-shares Pre-Market Report | Sudden Black Swan in Optical Modules! Institutions Interpret the Impact, Another Company Signs a Major Computing Power Deal

Pre-market News 1. Another small essay? Concerning A-shares and optical communications, analysis and interpretation are here Type: Industry Sentiment Impact: Negative On the evening of August 4, a small essay regarding the U.S. FCC's ban on optical modules went viral, showcasing the logic of domestic substitution in the U.S. Coherent and Maiwei Technology both rose over 12%, while Lumentum increased by more than 8%. Analysts claim that U.S. optical module manufacturers cannot replace China's production capacity, particularly in high-end optical modules. Currently, domestic leaders are significantly ahead of overseas counterparts in various aspects such as technological strength, product progress, cost control, and capacity layout, making it impossible to fill the gap in the short term. 2. Amounting to 4.6 billion yuan! Another A-share company signs a major computing power contract Type: Market Sentiment Impact: Positive Last evening, Fengzhushou announced that a subsidiary has signed a significant contract for computing power business worth 7.67 billion yuan (including a 4.6 billion yuan computing power service contract), with a service period of 60 months. Fengzhushou stated that the company's computing power operations are not limited to traditional computing power leasing but also include building computing capacity and providing leasing services, focusing on token operations and the absorption of computing power as key development directions. 3. S&P 500 sets a new historical high; optical communications and storage lead in gains Type: Market Sentiment Impact: Positive Driven by the strong performance of AI companies and easing tensions in the Middle East, all three major indices closed higher, with both the Dow Jones and S&P 500 setting new closing records. The optical communications and storage sectors surged collectively, with Coherent and Maiwei Technology rising over 12%, Intel and SanDisk up over 10%, Corning increasing more than 9%, Lumentum and SK Hynix up over 8%, and Micron Technology and AMD rising more than 7%. 4. SpaceX releases its first financial report: Q2 revenue up 92% year-on-year; Starlink supports profitability Type: Company Sentiment Impact: Negative After the U.S. stock market closed on Tuesday, SpaceX published its first financial report since going public. In the second quarter, SpaceX's revenue reached 7.8 billion dollars, far exceeding last years 4.1 billion dollars and significantly above market expectations of 6.93 billion dollars. Among this, Starlinks revenue grew 66% year-on-year, accounting for more than half of the companys total revenue. Following the financial report release, the stock price fell over 8% in after-hours trading due to a surge in capital expenditure. 5. U.S. side claims an agreement to open the Strait may be reached on Wednesday; oil prices plummet Type: Macro Sentiment Impact: Positive U.S. Treasury Secretary Yellen stated that issues related to the Strait of Hormuz may reach an agreement as early as Tuesday or Wednesday. International oil prices declined, with WTI crude oil futures dropping by 4%, priced at 77.115 dollars per barrel. Investment Calendar U.S. July ADP Employment Figures Investment Tip Buying a quality company at a reasonable price is far superior to buying a mediocre company at a cheap price. Warren Buffett, U.S. Institutional Views 1. Founder: After a rapid and significant adjustment in July, there is a demand for repair in August, and balanced and rotating styles may become the norm. 2. Guolian Minsheng: The leap in open-source model capabilities greatly promotes the development of AI applications, and the commercialization of AI applications is about to begin. 3. EB SECURITIES: The rebound in technology stocks that are undervalued does not have a basis for reversal, and the relative yield trend of dividend assets still has continuity. Prospective Positive and Negative Influences 1. AI application leader Palantir in U.S. stocks skyrockets nearly 30%, reaching a new high Type: Market Buzz Guolian Minsheng: The focal point of the AI mainline investment strategy may lean toward application directions. Accelerating the development of AI applications is key to whether the current AI capital expenditure can achieve sufficient positive industry capital return, becoming the focus of the entire industry. 2. Mandatory national standard for "Intelligent Connected Vehicles Safety Requirements for Autonomous Driving Systems" officially released Type: Policy Focus Guotai Haitong: The technology iteration in the intelligent driving sector and the commercialization process are advancing in tandem, accelerating commercialization. Attention should be paid to hardware and services related to intelligent driving, such as drive-by-wire chassis, intelligent driving domain controllers, sensors, testing, as well as leading automakers and algorithm companies in intelligentization. 3. Commercial space receives another catalyst; Chinas StarNet successfully launched Type: Institutional Commentary CITIC SEC: In the short term, investment opportunities will mainly be catalyzed by technology experiments, launch missions, capital market financing, and other events. In the medium to long term, the core contradictions of commercial space will shift from transportation capacity supply to satellite network utilization rates and commercialization applications, with the investment focal point gradually shifting downstream. Announcement Express Slightly Positive Announcements 1. Nuode New Materials: Expected to progressively implement the second round of lithium battery copper foil price adjustments in the third quarter. 2. Fengzhushou: Signed a 4.608 billion yuan computing power order, laying out new business formats in computing power leasing and token operations. 3. Jiangxi Jiangnan New Material Technology: Plans to raise no more than 1.6 billion yuan through a private placement for projects such as liquid cooling heat dissipation modules and accessories. Slightly Negative Announcements 1. TSI Group Co., Ltd.: Shareholders plan to collectively reduce their holdings by no more than 3%. 2. Shenzhen Hopewind Electric: Net profit in the first half of the year was 156 million yuan, down 35.56% year-on-year. 3. Delong Composite Energy Group: Controlling shareholders and actual controllers do not have plans to inject assets into the company. Overseas Market Stock alert: Driven by the strong performance of AI-related companies and easing tensions in the Middle East, all three major indices closed higher. The Philadelphia Semiconductor Index rose over 6%, marking its fourth consecutive day of gains; the optical communications and chip storage sectors surged collectively, with Maiwei Technology rising over 12%, Intel and SanDisk up over 10%, SK Hynix up over 8%, and Micron Technology rising over 7%. This article is reproduced from "Tencent Self-Selected Stock," edited by Chen Siyu.