A-share pre-market report | JPMorgan Chase upgrades Chinese stocks to overweight rating, Alibaba's Quark AI glasses released.

Pre-market news 1. Beijing plans to build a large-scale data center in the dawn-dusk orbit to bring large-scale AI computing power into space Type: Industry Sentiment impact: Positive Beijing plans to construct and operate a centralized large-scale data center system with a power capacity of over one gigawatt (GW) on the 700-800 km dawn-dusk orbit. According to the plan, the data center system consists of space computing power, relay transmission, and ground control subsystems. Guosheng believes that space computing power has commercial value potential and recommends companies to focus on early layout in the relevant industry chain. 2. J.P. Morgan raises China stocks to overweight rating: Buy the dip, expect gains next year Type: Market Sentiment impact: Positive J.P. Morgan has raised its rating on Chinese stocks to "overweight," with its report indicating that the Chinese stock market has retraced some of its excess gains this year, creating an attractive entry point. Next year, there will be multiple supporting factors such as the application of artificial intelligence, consumer measures, and governance reforms. 3. State Council meeting: Strengthen the construction of basic medical service capabilities at the grassroots level, improve medical insurance payment and service price adjustment mechanisms Type: Industry Sentiment impact: Positive The State Council meeting on Thursday evening emphasized the need to coordinate the promotion of basic medical insurance provincial-level coordination and hierarchical diagnosis and treatment system construction, accelerate the balanced distribution of high-quality medical resources, strengthen the construction of basic medical service capabilities, and improve medical insurance payment and service price adjustment mechanisms to better meet people's medical needs. 4. National Development and Reform Commission: Pay attention to prevent high duplication of humanoid Siasun Robot & Automation products from "flooding" the market Type: Industry Sentiment impact: Neutral Li Chao, deputy director of the Policy Research Office of the National Development and Reform Commission, stated at a press conference that currently, humanoid Siasun Robot & Automation is not fully mature in terms of technology, commercialization models, and application scenarios. With the accelerated entry of new capital, there are already over 150 humanoid Siasun Robot & Automation companies in China, and the number is constantly increasing. However, attention should be paid to the risks of high duplication of products flooding the market and compressed R&D space. Investment Calendar The 3rd New Energy Products Automobile Conference Investment Tips Although the entire system is often shaken by financial crises and bank panics, downturns are generally short-lived, and the overall world economy usually recovers quickly. - Jacques Lc