A-share pre-market report | Storage concept of U.S. stocks generally rise! Innovation leader hits new high Alphabet Inc. Class C (GOOGL.US) is reported to go to China to purchase liquid cooling equipment.

Pre-market news 1. Samsung's largest scale strike is on the verge, US stocks storage concept generally rises! Micron Technology rose more than 4% to a new high Type: Industry Emotional impact: Neutral Overnight, US stocks storage concept stocks strengthened, with Western Digital rising by 9.64% and Micron Technology rising by 4.5%, setting a new historical record with a year-to-date increase of 61.33%. On the news front, Samsung is currently voting on the largest strike plan in history. As the world's largest storage chip manufacturer, a strike event at Samsung could potentially have a significant impact on Samsung's semiconductor business and exacerbate global semiconductor supply bottlenecks. 2. AI arms race spills over into the cooling sector! Google is reportedly buying liquid cooling equipment in China, Chinese supply chain sees opportunity Type: Industry Emotional impact: Positive According to insiders, Google is in talks with Chinese companies, including Shenzhen Envicool Technology, with the intention of purchasing data center liquid cooling equipment. Due to the high heat generated by high-density computing far exceeding the processing capacity of traditional air cooling systems, liquid cooling technology has become a key infrastructure for AI data centers. At the same time, Chinese suppliers are playing an increasingly important role in the global data center construction wave. 3. 15 hard technology funds approved, targeting precise investments in AI and strategic emerging industries, incremental funds poised to be released Type: Industry Emotional impact: Positive The China Securities Regulatory Commission recently approved a new batch of hard technology-themed fund products, totaling 15 approved on the same day. The products mainly consist of 7 passive funds tracking the dual innovation artificial intelligence index and 8 active funds benchmarked against the China strategic emerging industries component index. The industry believes that with the launch and issuance of these products, it will further attract incremental funds to invest in the hard technology and strategic emerging industries sectors. 4. Ministry of Foreign Affairs: The US has clarified that Trump's visit to China has nothing to do with the issue of navigation in the Strait of Hormuz Type: Macro Emotional impact: Positive Some media outlets reported that Trump said he would postpone his visit to China if China did not assist in the navigation issue in the Strait of Hormuz. What is China's response? Foreign Ministry spokesperson Lin Jian stated, "We have noted that the US has publicly clarified the untrue reports in the media, stating that the reports are completely wrong and emphasizing that the visit has nothing to do with the issue of navigation in the Strait of Hormuz." Investment Calendar Zhi Ji Super Smart Body Press Conference Investment Tips Investment Tips: What runs through long-term investment success is risk control, not recklessness. Avoiding major mistakes is more important than pursuing great success. Howard Marks' "The Most Important Thing About Investing" Institutional Views 1. Debon Securities: A-shares may continue a structural market trend, with the rotation between technology growth and traditional cyclical sectors becoming the main theme. 2. GF SEC: After the short-term uncontrollable geopolitical factors are eliminated, the Chinese stock market may see the best buying opportunity this year. 3. Orient: External conflicts have entered a standoff phase, oil prices are fluctuating sharply, short-term stock indexes may maintain a pattern of oscillation and bottom exploration. Positive and Negative Outlooks 1. Large energy storage orders continue to emerge! CSI Solar Co., Ltd. signs a 2.5GWh order, Zhejiang Narada Power Source receives an order from Australia Type: Market Hot Discussion Soochow: The continuous promotion of energy storage in US data centers is driving demand, with many projects in Europe, the Middle East, and a strong demand for large-scale storage. It is expected that global energy storage installations will grow by more than 60% in 2026, with a compound growth of 30-50% from 2027 to 2029, and continued strong promotion of energy storage, with a positive outlook for large-scale and household energy storage. 2. US defense technology company skyrockets on IPO day, Wall Street rushes to invest in the future of drones Type: Market Hot Discussion Yongxing Securities: The trend of unmanned intelligent warfare is established, reshaping the basic form of warfare. The drone market has vast potential, and it is expected that by 2028, the market size of Chinese military drones will reach $6.11 billion. It is recommended to pay attention to listed companies related to drones. 3. Cement sees a new round of price increases! Some regions have seen cumulative price increases of up to 100 yuan per ton Type: Market Hot Discussion GF SEC: Currently, cement companies have substantially cleared capacity, and after 2027, they will enter a stage of deep emission reduction, with total and intensity controls likely to force the clearance of backward capacity. In the medium to long term, the supply of the cement industry is expected to continue to optimize, and it is recommended to pay attention to bottom cement assets. Announcement Express Slightly positive announcements 1. Fuyao Glass Industry Group: Net profit in 2025 is expected to increase by 24% year-on-year, proposed dividend of 1.2 yuan per share 2. Avary Holding: A wholly-owned subsidiary plans to invest 11 billion yuan to build a high-end PCB project production base 3. Robotechnik Intelligent Technology: Subsidiary signs approximately 48 million yuan double-sided wafer testing equipment and service mass production order Slightly negative announcements 1. Shenzhen Injoinic Technology: Facing fines of 4 million yuan for illegal and irregular information disclosure 2. Shenzhen YHLO Biotech: Fined 4 million yuan for illegal and irregular information disclosure 3. Jiangsu Fasten: If the company's stock price continues to rise in the future, the company may apply to the Shenzhen Stock Exchange for a trading suspension for investigation Overseas Market Self-selected brother's tip: US stocks opened higher on Tuesday and closed higher, with all three major indexes rising for two consecutive days. On the market, large technology stocks had mixed gains and losses, with NVIDIA falling by 0.69% and Tesla rising by 0.94%; popular Chinese concept stocks had mixed gains and losses, with Yidao rising by 5.98% and Xiaopeng Motors falling by 4.63%. This article is reproduced from "Tencent Self-Selected Stocks", GMTEight editor: Li Fo.