A-share Pre-market Briefing | Three Tech Giants Warn of AI Runaway Risks, Major News Emerges Again from the Middle East, Oil Prices Climb

Pre-market Briefing 1. Rare alliance between sworn enemies! Musk and Altman support Anthropic CEO's call to "slow down AI globally" Type: Industry Sentiment impact: Negative On Saturday, Anthropic CEO Dario Amodei published a blog post calling on the global AI industry to voluntarily slow down, citing that the pace of capability improvement in frontier models has far exceeded humanity's ability to understand and control them. Within hours of the post, Musk posted on X stating, "Dario is right." OpenAI CEO Sam Altman quickly followed, saying he agreed with Amodei's judgment on "controlling the pace of frontier advancement." 2. Saudi oil pipeline shut down, meeting postponed, vessel attacked, crude oil rises over 3% in early trading Type: Macro Sentiment impact: Negative In Asian morning trading, both WTI crude oil and Brent crude oil extended intraday gains to over 3%. Last Thursday, drones launched from Iraq attacked Saudi Arabia's East-West oil pipeline, forcing the Saudi government to shut down this key crude artery. In addition, a diplomatic meeting originally scheduled for Monday in Oman between Iran and Gulf Arab states to discuss the situation in the Strait of Hormuz was suddenly postponed after the pipeline attack. The security situation in Hormuz remains precarious, with another oil tanker attacked on Sunday. 3. State Council executive meeting: Further improve computing infrastructure, strengthen monitoring and scheduling of computing resources and backbone optical fiber network construction Type: Industry Sentiment impact: Positive At a State Council executive meeting on Friday evening, it was pointed out that the computing network is the foundational support for AI development. It is necessary to adhere to rational layout and standardized order, further improve computing infrastructure, actively promote the R&D and application of key technologies and equipment, and build a multi-level networked computing system. It is necessary to promote computing-power coordination and computing-network integration, strengthen monitoring and scheduling of computing resources and backbone optical fiber network construction, reinforce alignment in planning for computing and power facilities, and accelerate the implementation of projects such as green power direct connection and source-grid-load-storage. 4. Multiple brokerages tighten access for individual programmatic trading, industry expects first phase of rectification to be completed in November Type: Market Sentiment impact: Positive Recently, multiple brokerages have tightened access for individual clients' programmatic trading in order to implement the "Securities Company Trading Information System Access Management Specifications (Trial)" issued by the two associations on August 28 this year. According to the relevant requirements of the document, individual investors are strictly prohibited from conducting programmatic trading through "quasi-external access" methods, including file interaction services. The industry expects the first phase of this rectification work to be completed in November this year. Investment Calendar State Council Information Office press conference introduces Healthy China Investment Tips When stock holders are pessimistic about the market, those investors who hold dividend-paying stocks become the big winners. [US] Jeremy Siegel, "The Future for Investors" Institutional Views 1. CITIC SEC: Only after the rate hike is implemented can room for operations in the fourth quarter be released; maintain an AI + energy configuration. 2. Zhongtai: This round of adjustment is highly likely entering its final stage; use volatility to increase allocation to technology manufacturing and nonferrous metals. 3. Shenwan Hongyuan Group: Calmly face the stage where no breakthrough direction can be found for the time being; focus on areas such as storage and high-end CCL. Positive and Negative Outlook 1. National Data Administration holds symposium on embodied intelligence: Actively support enterprises in increasing data investment Type: Policy focus Tebon Securities: The humanoid Siasun Robot&Automation industry is developing very rapidly. Relying on the model of national coordination, central SOE leadership, and coordinated development across the industrial chain, scenario implementation and intelligent development are expected to accelerate. It is recommended to focus on investment directions such as domestic embodied intelligence bodies, favorably positioned components, and equipment "shovel" stocks. 2. Sungrow Power Supply: PV inverters, energy storage converters, and energy storage systems raised prices by 5%-15% Type: Market hot topic CICC: Bullish on the medium- to long-term growth space of the energy storage market, but short-term fluctuations will reshape the competitive landscape of the energy storage industry. Overseas revenue remains an important performance support for energy storage companies, and we are bullish on next year's overseas business volume growth driving revenue and profitability improvement. 3. China's token demand shows explosive growth, expected consumption this year to reach 1 billion quadrillion Type: Institutional hot comment Orient: The "Token economy" is accelerating its formation, and domestic Token factories will enter a period of rapid development. Companies with certain computing resources and inference optimization and cloud service capabilities will actively lay out and implement, and "Token operators" will also gradually emerge. Announcement Express Positive announcements 1. Sichuan Biokin Pharmaceutical: First subject enrolled in Phase III clinical trial of T-Bren for neoadjuvant treatment of breast cancer 2. Sany Heavy Industry: First repurchase of 623,900 A-shares, total transaction amount RMB 12.3087 million 3. Anhui Honglu Steel Construction: Signed a RMB 375 million steel structure material price-lock cooperation agreement Negative announcements 1. Goldenmax International: Information such as the company's products being included in Nvidia's supply chain system certification is untrue 2. Guangdong Goworld, 3 limit-ups in 5 days: "Guangdong Goworld high-frequency boards passed Nvidia certification" is untrue 3. Chengdu RML Technology: Shareholder Chen Fashu, holding more than 5%, plans to reduce holdings by no more than 2.9956% of the company's shares Overseas Markets Editor's note: Affected by the pullback in international oil prices, all three major indexes rose nearly 1%. Tech giants generally moved higher, with Apple up 1.75%; the Philadelphia Semiconductor Index rose 1.81%; most storage concept stocks declined, with Seagate Technology down 3.73%; optical communication concept stocks strengthened overall, with Coherent up 4.16%; the Nasdaq Golden Dragon China Index rose 0.4%. This article is reprinted from "Tencent Zixuangu". GMTEight editor: Li Fo.