Evening hot spot of A shares | Apple stock price drops more than 5%! Announces significant price increase, with adjustments of up to 20% for multiple products

Evening News Highlights 1. Good news! The "Fifteenth Five-Year Plan for the Construction of a New Energy System" is released, focusing on which areas? Importance: On June 25th, the National Development and Reform Commission and the National Energy Administration issued the "Fifteenth Five-Year Plan for the Construction of a New Energy System." It mentioned establishing a comprehensive evaluation index system for the integration of new energy consumption, with the target of new energy electricity generation reaching 30% by 2030. The plan includes promoting the large-scale and stable development of onshore wind power and photovoltaic power, developing offshore wind power in deep seas, and scaling up solar thermal power and ocean energy. It also aims to accelerate the construction of smart grids and improve the integration level of new energy. The plan emphasizes the development of new energy storage, focusing on long-duration energy storage, encouraging the development of multiple energy storage technologies, and expanding the application of new energy storage in fields such as coordinated operation of power sources, grid stability support, microgrids, and virtual power plants. Accelerating the development of hydrogen energy and green fuel industries, with the goal of reaching a renewable energy hydrogen production scale of 2 million tons by 2030. The plan also outlines future energy technology prospects, emphasizing theoretical research and technological innovation in controlled nuclear fusion, space power stations, high-temperature superconducting power transmission, wireless power transmission, and polar and deep-sea energy. 2. U.S. May PCE Data Released! In line with market expectations, Fed tightening pressure may increase under high inflation Importance: Data released on Thursday showed signs of a rebound in U.S. consumer demand amid rising inflationary pressures. The Bureau of Economic Analysis (BEA) announced in June that in May 2026, consumer spending adjusted for inflation increased by 0.3% month-on-month, reversing the stagnant trend in April and indicating continued resilience in household spending. Accompanying this was a significant increase in the pace of price rises. The May Personal Consumption Expenditures (PCE) Price Index rose by 4.1% year-on-year, the highest level since April 2023; the core PCE, excluding food and energy, rose by 3.4% year-on-year. This combination suggests that while price pressures continue to rise, consumer spending has not cooled significantly. The Fed last week kept interest rates unchanged at 3.50%-3.75%, but updated quarterly projections indicate a likelihood of rate hikes this year due to increased concerns about inflation. Financial markets are betting on a possible rate hike as early as September, with another one following thereafter. 3. Shanghai Stock Exchange Half-Year Report Disclosure Schedule Announced! Peric Special Gases to resume trading on Friday as headliner Importance: On June 25, the Shanghai Stock Exchange listed companies announced the disclosure schedule for their 2026 half-year reports. Peric Special Gases will be the first to disclose its half-year report on July 18. In addition, Fujian Highton Development will disclose its half-year report on July 21. Beijing Longruan Technologies Inc. and Shentong Technology Group will disclose their reports on July 23; BOMESC Offshore Engineering and Hangzhou EZVIZ Network will disclose their reports on July 25. Of note, Peric Special Gases is currently suspended from trading, with a current stock price of 389.99 yuan/share, reaching a historical high of 399.5 yuan/share on the 22nd, with a total market value of approximately 206.5 billion yuan. It has seen a cumulative increase of 865.92% so far this year. In the evening, Peric Special Gases announced that the company's stock will resume trading on June 26, 2026. Following a self-examination and written verification with the company's controlling shareholder and actual controller, as of June 25, 2026, there are no significant undisclosed matters that should be disclosed. 4. Positive Performance! Net profit of leading synthetic fiber company expected to increase more than 20 times in the interim report Importance: On June 25, Hengyi Petrochemical disclosed its performance forecast for the first half of 2026, expecting to achieve a net profit attributable to shareholders of 5.5 billion to 6 billion yuan in the first half, an increase of 2326.31% to 2546.88% year-on-year. The company is a globally leading integrated player in the "refining-chemicals-synthetic fibers" industry chain. Market analysis believes that as the A-share half-year report disclosure period approaches in July, geopolitical risks recede, Federal Reserve policies are implemented, macro disturbances cool down, and the market will return to focusing on performance pricing. Industry insiders point out that core prosperity in the 2026 half-year report will concentrate on the AI hardware industry chain, upstream cyclical products, advantages of going global in midstream manufacturing, with multiple segments of the industry chain seeing both quantity and price increasing, combined with high export growth dividends, the profit elasticity of related sectors is expected to continue to be released. 5. Micron Technology's stock surges by 18% after earnings release! Wall Street intensively raises target prices Importance: On June 25, U.S. storage chip stocks surged, with Micron Technology's stock price expanding by over 19% as of 21:38, surpassing Meta and Tesla in market value for the first time. Micron Technology announced earnings guidance that exceeded expectations, reinforcing the bullish logic for AI trading. Following the financial report release, Wall Street institutions quickly raised their target prices. Bank of America Securities raised its target price from $1500 to $1550 and maintained a "buy" rating; investment bank Baird significantly raised its target price from $500 to $1280; financial institution DA Davidson also raised its target price to $2000 (the highest target price on Wall Street), maintaining a "buy" rating; Goldman Sachs also raised its target price from $900 to $1100, maintaining a "neutral" rating. 6. Apple's stock price drops by over 5% as it announces significant price hikes, with price adjustments for multiple products up to 20% Importance: On June 25, Apple's stock price fell by over 5%, reaching $278.16, hitting a new low in over a month. On the news front, Apple announced price increases for Macs, iPads, and home devices to address the unprecedented shortage in memory chips and storage costs brought about by the expansion of AI data centers. Price adjustments for multiple Mac and iPad products can reach up to 20%. An Apple spokesperson stated, "The rapid expansion of AI data centers has caused an extraordinary increase in demand for memory and storage," and the company has "never seen component prices rise so quickly and significantly." They mentioned that they had previously tried to absorb the cost increase pressures, but now it is time for them to start raising prices. 7. State Administration for Market Regulation holds the second fair competition forum for enterprises in 2026 Importance: On June 25, the State Administration for Market Regulation held the second fair competition forum for enterprises in 2026. Representatives from 7 companies in manufacturing, artificial intelligence, pharmaceuticals, construction, and other sectors exchanged views on "removing various bottlenecks and obstacles to maintain fair market competition." Member of the State Administration Party Group and Deputy Director Meng Yang chaired the forum and delivered a speech. After listening to the opinions and suggestions of corporate leaders, Meng Yang responded to the relevant situation and introduced the policy measures and main work of the State Administration in strengthening anti-monopoly law enforcement and enhancing fair competition governance. He emphasized that the State Administration will thoroughly implement the central Party's decisions and deployments, follow a problem-oriented approach, focus on comprehensive treatment, promote law enforcement supervision with higher standards and more practical measures, firmly remove bottlenecks hindering unified markets and fair competition, and optimize the business environment to stimulate business innovation vitality and promote the construction of a strong domestic market. 8. Latest developments in Sino-U.S. economic and trade consultations! Ministry of Commerce responds The Ministry of Commerce spokesperson He Yadong said at a routine press conference on June 25 that in accordance with the consensus reached in the Sino-U.S. economic and trade consultations, both sides agreed to establish a Trade Council and will discuss cooperation such as mutual tax reductions under the Trade Council. The economic and trade teams of both sides will further negotiate on this. He Yadong stated that Sino-U.S. trade cooperation in the aviation and Shenzhen Agricultural Power Group fields is mutually beneficial. The teams from both sides will continue to communicate, encourage and guide their respective companies to strengthen their connections and expand trade cooperation in related fields. 9. GigaDevice Semiconductor Inc.: Business performance boosted by significant price increases due to supply shortages On June 25, GigaDevice Semiconductor Inc. announced in a stock price abnormal trading announcement that the company's stock trading has seen a deviation value of over 20% for two consecutive trading days on June 24 and June 25, with a cumulative turnover rate of 16.56% over two consecutive trading days. The company's rolling price-earnings ratio is higher than the industry average. The company is currently in an upturn cycle in the memory chip industry, with significant price increases due to supply shortages boosting the company's business performance. However, the memory industry has shown significant cyclical fluctuations historically, and supply and demand will eventually approach a new balance. It is worth noting that the memory sector is becoming another highly concentrated track of high-priced stocks after Optoelectronics Communications. As of now, the stock prices of 4 leading memory stocks have exceeded 700 yuan, with the total market value of the sector growing by 2.1 trillion yuan this year. The total market value of 13 memory stocks priced above 100 yuan was approximately 717.7 billion yuan at the beginning of the year, reaching a total market value of 2.47 trillion yuan currently, with an increase of approximately 1.75 trillion yuan this year. Among them, GigaDevice Semiconductor Inc.'s market value has increased by 400.9 billion yuan this year, while Shenzhen Longsys Electronics, Biwin Storage Technology, Shenzhen Techwinsemi Technology, Montage Technology, and other stocks have seen market value growth exceeding a hundred billion yuan. Early outlook for opportunities Market interest shows that investment opportunities in sectors such as semiconductors are worth looking at. 1. Physical limits broken! IBM makes a significant announcement as semiconductor technology enters the "Era of Angstroms" IBM announced a milestone breakthrough in chip development, introducing the world's first sub-1-nanometer (nm) chip technology that utilizes a revolutionary three-dimensional "nanostack" architecture, advancing transistor nodes to 0.7 nanometers, or the 7-angstrom scale. This achievement marks the semiconductor industry officially breaking through the nano-scale limit and entering a new era of atomic-level scaling. Analysts believe that for the semiconductor industry facing traditional process physical bottlenecks, this move provides a new path for continuing performance leaps, directly impacting the performance and efficiency improvements in generative AI computing, cloud computing infrastructure, and next-generation electronic devices. In addition to this, the following sectors are also worth paying attention to: 2. CPU | Positive outlook for continued CPU demand, UBS raises target prices for AMD and ARM, Bank of America sees Taiwan Semiconductor and Longsys Electronics as bullish. 3. Optical chip materials | Jingzhou issue calls: breakthrough expected in optical chip's "lifeblood" material - high-purity red phosphorus. Listed Company Announcements In terms of positive announcements, it is worth noting China Shenhua Energy's capital increase of 6 billion yuan in a financial company, while in the negative announcements, attention should be paid to TongFu Microelectronics' national fund shareholding dropping below 5%. Positive Announcements 1. China Shenhua Energy: Invests 6 billion yuan in the National Energy Group Financial Co., Ltd. 2. Hengyi Petrochemical: Expects a net profit of 5.5 billion to 6 billion yuan in the first half, a year-on-year increase of 2326% to 2547%. 3. Muyuan Foods Group: Some directors and senior executives plan to increase their holdings by 400-500 million yuan. 4. Zhejiang Reclaim Construction Group: Wins the bid for the construction project of the intelligent warehousing and logistics facilities for Shenzhen Agricultural Power Group in Leping City, with a value of approximately 882 million yuan. 5. Zhejiang Zhongxin Environmental Protection Technology Group: Chairman Teng Bubin proposes to repurchase company shares for 30-50 million yuan. Negative Announcements 1. TongFu Microelectronics: State Fund shareholding drops below 5%. 2. Zhejiang China Light&textile Industrial City Group: Deputy General Manager Gao Xiaochen under investigation and in custody. 3. Geo-Jade Petroleum Corporation: Vice General Manager Zhang Ke receives discipline inspection and supervision investigation for serious violations of discipline and law. 4. Shanghai Geoharbour Construction Group Co., Ltd.: Controlling shareholder reduces holdings by 739,500 shares from May 27 to June 25. 5. Guangzhou Jiacheng International Logistics: Company ordered to rectify issues, 5 responsible individuals receive warning letters. This article is reproduced from "Tencent Stocks Selection," edited by Xu Wenqiang by GMTEight.