【Disk Analysis】
U.S. stocks have rebounded continuously, and the external market has improved, but this week's commodities such as non-ferrous metals, crude oil, and gold have fallen significantly. The A-share market has entered a very weak market, there has been an obvious continuous pullback market, in the intensive disclosure period of a quarterly report, it is more common for individual stocks to open a large amount of high or low every other day, and on the whole, the performance pressure of a quarterly report is obvious, and the market performance may be weak, coupled with the face of the May Day holiday, the market may continue to adjust the weak market.
Riding the bull and watching the bear found that artificial intelligence empowers new quality productivity and accelerates the layout of new infrastructure for the digital economy, the Sora model is expected to accelerate the penetration rate of Wensheng video applications in various industries. According to its estimates, by 2025, the median potential market space of domestic Wensheng video applications in the field of short video can reach 8 billion yuan. 2024 will be the first year of AI applications, and large models will officially enter the "long text era". The digital economy will become a new driving force for economic growth and the core of cultivating new quality productivity, while artificial intelligence will improve production efficiency, broaden application scenarios and business models, continue to empower new quality productivity, and usher in investment opportunities in related fields of the industrial chain.
The three major indexes opened mixed, with individual stocks in the two cities rising more and falling less, with Sora, new towns, daily chemicals and other sectors performing strongly, while coal, scarce resources, nonferrous metals and other sectors performed poorly. Gold, non-ferrous metal concept stocks opened sharply lower, the northern copper bidding fell to the limit, Feinan Resources fell more than 10%, Zhongrun Resources, Laishen Tongling, etc. fell more than 5%, international commodity futures prices fell yesterday, of which New York gold futures prices fell more than 3%. The concept of underground pipe network is strong, Xiongsu Technology, bidding shares rose by more than 10%, Qinglong Pipe Industry, Shenshui Planning Institute and other top gainers, will make good use of policy tools such as additional issuance of national bonds, local government special bonds, and investment in the central budget to promote the construction of key areas and major projects. The next step will be to work with relevant departments to support some large and medium-sized cities to implement urban renewal actions and carry out the renewal and transformation of underground pipe networks.
The concept of solid-state batteries rose in early trading, Fengyuan shares rose in a straight line, Blue Ocean Huateng, Yintu Network, etc., solid-state batteries continued to advance in terms of performance improvement and mass production progress, and it is expected that all-solid-state batteries are expected to be fully commercialized in 2030. Low-altitude economic concept stocks rebounded at the opening, Jindun shares rose more than 14%, Zhongheng Design, Sichuang Electronics and other shares, the current low-altitude economy can be compared to the development stage of new energy vehicles in 2012, the industry is still in the early stage of commercialization, and the long-term development prospects are broad. The concept of military informatization has been repeatedly active, Guangha Communications, Aerospace Changfeng, Aowei Communications, and Sichuang Electronics have stepped out of the two boards, and many stocks such as Guanxiang Technology and Xingtu Xinke have risen by nearly 20%, and the establishment of the information support force is expected to further deepen the process of informatization of our army, and may play an important role in specific technical fields such as electronic countermeasures and military data links.
In the near future, "humanoid robots" will become a new category of equipment that has attracted everyone's attention, and the manufacturing cost of humanoid robots may be much lower than people expect, perhaps not higher than 10,000 to 20,000 US dollars. Recently, the Beijing Municipal Medical Security Bureau, the Beijing Municipal Drug Administration and other departments issued several measures to support the high-quality development of innovative pharmaceuticals in Beijing (2024). The Sora concept rebounded, Anoki rose nearly 20%, Insai Group, Chinese media and other stocks rose more than 5%, the Sora model is expected to accelerate the penetration rate of Wensheng video applications in various industries, by 2025, the median potential market space of domestic Wensheng video applications in the field of short video can reach 8 billion yuan.
Market:
GEM:
【Market Prediction】
The Shanghai Composite Index opened lower on Tuesday, getting closer and closer to 3,000 points, and the index correction also caused the market to make money worse. There is not much time left in April, and it is still necessary to be cautious and not to be overly optimistic about the market outlook. On Tuesday, there was a collective decline in the top Chinese stocks, which on the one hand shows that institutional funds have begun to "retreat" from the most profitable direction in the near future, which is instead an opportunity for small-cap stocks. On the other hand, it also shows that it is difficult for funds to continue to rise, and the market is under great pressure, so be careful that it may adjust downward. Next, pay attention to whether the Shanghai Composite Index can stabilize above 3,000 points.
The ChiNext index performed relatively strongly on Tuesday, always oscillating underwater in the morning, and once turned red in the afternoon, showing a trend of red disk shocks. Niu Ge believes that the sharp fall of the first stocks in China has led to the return of some funds to the small, medium and micro sectors, and the rise of technology stocks is a signal, and there may be further changes in the future, and you can pay attention to the rebound of small-cap stocks later. Next, pay attention to whether the GEM index can stabilize above 1750 points.
【Gold Rush Plan】
The core focus of the market may be at the end of the month, the important meeting policy tone and the nature of this round of U.S. stock adjustment, and the probability of continuing the Central Economic Work Conference at the end of last year and the two sessions in March are expected to be positive or stimulate the market to rebound at the intermediate level. After the full implementation of the registration system, its survival of the fittest mechanism will help the market style tend to be "blue chips", and the intermediate market of the Shanghai Index will not be absent and will only go deeper and deeper.
Concepts such as Sora, micro-cap stocks, and cross-border payment are the main sectors involved in the net inflow of funds, while concepts such as scarce resources, non-ferrous metals, and ships are sectors with relatively large net outflows. It is found that as the number of visits to the Kimi application continues to increase, it will once again drive the rapid growth of computing power demand. We are optimistic about the continuous breakthrough of domestic large models, and domestic models, applications, and computing power have ushered in development opportunities.
Kimi has upgraded to 2 million ultra-long text inputs, which allow AI to play the role of a book or even adapt the plot according to the human imagination, which is expected to disrupt the world of novels and reading apps. The search results of Kimi, Wenxin Yiyan, Tongyi Qianwen and Doubao were compared: in the search of network resources with long text ability, the application advantages and disadvantages were different, and Kimi had better comprehensive performance, and in the search of local resources with long text ability, the kimi search was more accurate than that of Kimi and Wenxin Yiyan, which can process local files.
Adobe has announced that it will launch new generative AI tools in Premiere Pro this year, enabling users to streamline the editing of all videos, including adding or removing objects from a scene or expanding existing clips, and users will be able to leverage OpenAI integrated in Premiere Pro and the Runway video generation model to generate supplemental shots in the future.
In 2024, new domestic large-scale model forces will emerge, and product strength and application experience will quickly catch up with the global head model level, and some fields have approached or even reached the world's first echelon. The long text capability represented by Kimi, the multimodal model of Step Star, and the AI video generation of Pixverse have all verified the leapfrog progress made by the domestic team in more than a year. With the continuous iteration of model capabilities, the innovation of domestic applications, and the further upgrading of computing power localization will drive the AI ecosystem into a positive cycle.