A-share evening highlights | Important document! The central bank's latest deployment has been released, mentioning financial markets, consumption, and more.

1. Central Bank: Deepen the Bidirectional Opening of Financial Markets and Strengthen the Cross-Border Connectivity of Financial Infrastructure Importance: The People's Bank of China (PBOC) has issued the "14th Five-Year Reform and Development Plan" and has developed nine related action plans in specific subfields. The "Plan" aims to accelerate the construction of a financially strong country, improve the central bank system, and deploy the key tasks for the reform and development of the PBOC during the "14th Five-Year" period. It highlights the establishment of a financial system that aligns with technological innovation and the high-quality development of the Tech Board in the bond market. It also emphasizes the promotion of digital finance, strengthening financial support to boost and expand consumption. The plan focuses on reinforcing financial market institutional construction and maintaining steady operation in financial markets. It aims to deepen the bidirectional opening of financial markets and enhance cross-border connectivity in financial infrastructure. Additionally, it promotes the development of the offshore Renminbi market and improves a multi-tiered and widely accessible cross-border payment system for Renminbi. 2. Yushubs Winning Rate Revealed! Could One Ticket Earn 200,000? DJI Misses Out on 3.7 Billion, Stirring Controversy Importance: On the evening of August 10, Yushu Technology announced that the subscription situation and winning rate for its initial public offering (IPO) on the Sci-Tech Innovation Board have been released. The issuance price is set at 150.80 yuan per share, with 40,446,434 shares to be issued. After the withdrawal mechanism was activated, the final issuance quantity online is 9,707,000 shares, accounting for approximately 30.00% of the number of shares issued after deducting the final strategic allocation. The final winning rate for online issuance is 0.01809759%. Analysts stated that Yushus IPO will significantly enhance market risk appetite for hard technology and the Siasun Robot & Automation sector. If Yushu Technology's stock price increases by more than 100% on the first day of trading, investors could earn over 75,000 yuan per ticket; if calculated based on the average first-day increase of 276.04% for A-share IPOs since 2026, a winning ticket could potentially see profits exceeding 200,000 yuan. It is regrettable that former shareholder DJI missed out on Yushu Technology. Meanwhile, the topic "DJI Misses Yushu" topped Weibo's hot search list, attracting attention. 3. Alibaba Cloud Unveils Major Strategy! Global Data Center Capacity Set to Double, What Will Be the Impact on the Industry Chain? Importance: On August 10, according to the Sci-Tech Innovation Board Daily, based on its innovative fully modular design architecture, Alibaba Cloud has shortened the delivery time for large AIDC data centers to 100 days. In contrast, the traditional delivery times in China range from 6 to 12 months, while in the U.S., it is between 12 and 18 months. Along with the shortened timeline, the overall construction cost of Alibaba Clouds data centers has been reduced by over 10%. This year, Alibaba Cloud plans to double its global capacity for modular data centers. Market analysis suggests that this move by Alibaba Cloud may impact the following areas: 1. IDC and Data Centers: Custom IDC, modular machine rooms, and data center construction service providers by Alibaba Cloud; the construction of overseas nodes will also lead to an increase in overseas engineering orders. 2. AI Servers: Doubling of computing power capacity will directly boost the demand for AI server procurement, leading to an uptick in demand for AIDC high-density servers. 3. Liquid Cooling: High-density AIDC has a rigid demand for liquid cooling, efficient cooling, and power distribution modules. The modular structure will lead to a large amount of prefabricated cooling and power distribution units, providing significant order flexibility. 4. Optical Modules: The high bandwidth demand of AI clusters will simultaneously elevate the demand for 800G/1.6T high-speed optical modules and connectors, with concurrent construction of domestic and overseas nodes creating dual growth. 4. CICC Holds Over 5% of "Good Positions"! Zhongji Innolight H Shares Continuously Acquired by Foreign and Domestic Investors Importance: According to information from HKEX, the proportion of "good positions" held by CICC in Zhongji Innolight H shares rose from 4.91% to 5.22% on August 5, with an average purchase price of 1,056.0582 Hong Kong dollars. After this increase, CICC's long positions in Zhongji Innolight H shares officially hit the mandatory disclosure threshold of 5%, with cumulative holdings of approximately 2.6813 million shares, worth about 2.77 billion Hong Kong dollars at the latest closing price. In the short term, since Zhongji Innolight's listing on the Hong Kong Stock Exchange on July 30, it has also attracted considerable attention from overseas investors. According to disclosures from the Hong Kong Stock Exchange, Morgan Stanley's long position ratio in Zhongji Innolight H shares increased from 5.92% to 6.23% on August 4. Moreover, data from the Korea Securities Depository shows that since its listing, Korean investors have net bought 4.33942 million U.S. dollars worth of Zhongji Innolight H shares, ranking first in net purchases of Hong Kong securities by Korean investors in the second half of the year and nearly three times higher than the second place. 5. South Korea Allocates 50 Trillion Won to Address Semiconductor Shortcomings, Military Airports to Make Way for Chip Projects Importance: The South Korean government continues to advance its semiconductor industry support plan. On Monday, Chief of Staff Kang Hoon-sik stated that the government will establish a new semiconductor fund worth 50 trillion won (approximately 35.2 billion U.S. dollars), focusing on investment in promising chip materials, components companies, and fabless semiconductor firms. In addition to the semiconductor fund, the South Korean government will also provide 50 trillion won in trade financing to support the development of semiconductor export suppliers, with total financial support amounting to 100 trillion won. 6. AI Monetization Signals Push JP Morgan to Increase S&P 500 Target Price for the Second Time in Two Months Importance: JP Morgan has raised its U.S. stock market targets again, increasing the S&P 500 end-of-year target price to 8,000, making it one of the most optimistic major forecasts in the market. The firm's strategist team cited strong corporate earnings and accelerated monetization from artificial intelligence investments as the reasons for the second increase in two months. The latest target is about 3% higher than last Friday's closing price, slightly above the average forecast of 20 strategists surveyed by Bloomberg, which was 7,845 points. The JP Morgan team pointed out that capital expenditure by large-scale AI cloud service providers is being realized through customer demand, and the growth of cloud services and increased order backlogs at Alphabet, Amazon, and Microsoft should help alleviate market concerns about these companies' capital return rates. This signal is of significant reference for investors assessing the long-term value of AI investments. 7. The Renminbi to U.S. Dollar Exchange Rate Hits a New High in Three and a Half Years; What Comes Next? Importance: On August 10, the onshore renminbi closed against the U.S. dollar at 6.7442, up by 59 points from the previous trading day, marking a new high since February 2, 2023. Regarding the midpoint, on August 10, the renminbi's midpoint against the U.S. dollar was adjusted up by 20 basis points to 6.7884, the highest since February 10, 2023. Chief Economist Wen Bin of China Minsheng Banking Corp., Ltd. stated that the country's economy is demonstrating strong resilience amid complex external conditions and the transition between old and new domestic development dynamics. At the same time, the foreign exchange market operates steadily, laying a solid foundation for maintaining the renminbi exchange rate at a reasonable and balanced level. It is anticipated that in August, the renminbi exchange rate will maintain a stable bidirectional fluctuation pattern around 6.75. Self-Selected Stock Organizer has sorted market-focused investment opportunities, highlighting sectors such as coal. 1. The Development Planning of the Coal Industry during the "14th Five-Year" Period Has Been Released, with Institutions Laying Out Directions On August 10, the National Development and Reform Commission and the National Energy Administration issued the "14th Five-Year Plan for Coal Industry Development". The plan states that by 2030, the coal supply guarantee capability will be further enhanced, the production deployment will continue to optimize, the proportion of high-quality advanced production capacity will increase further, and the coal production, storage, and sales system will be better developed, with the proportion of nationally large modern coal mines rising to 87%. The safety and green development as well as clean and efficient utilization levels will be significantly improved, and intelligent construction throughout the system will be deepened, with the proportion of intelligent coal mine production capacity reaching 75%. Sinolink stated that in the short term, it is advised to focus on the coal demand driven by a new round of restocking around September. In the long term, there is optimism about the upward movement of thermal coal price centers, leading to a double boost in EPS and valuations. In terms of coking coal, supply may remain tight, and demand is encountering the off-season, so short-term spot prices may face slight pressure, but subsequent domestic demand policies may act as catalysts for the sector. Currently, the valuation and performance expectations for the coking coal sector are relatively low, and it is recommended to pay attention to structural opportunities arising from expectation discrepancies. In addition, the following sectors are also worthy of attention: 2. AI Large Models | Meta Launches Lightweight GlimmerAI Model. 3. Environmental Protection | Six Departments Issued the "14th Five-Year Plan for Ecological Protection". 4. Quantum Technology | Our Research Team Resolves Challenges in Scaling Quantum Network Deployment. 5. Storage Chips | JP Morgan: Global Storage Chip Shortages May Last Until 2028, HBM Average Price Increases May Exceed 40% Next Year. 6. Artificial Intelligence Chips | Microsoft Plans to Release Its Next-Generation MAIA300 AI Chip as Early as September. Regarding positive announcements, Self-Selected Stock Organizer highlights Shenzhen Longsys Electronics net profit growth of over 715 times year-on-year in the first half of the year; while on the negative side, attention should be paid to Jiangsu Changling Hydraulic Co., Ltd.'s shareholders intending to reduce their holdings by no more than 3%. Positive Announcements 1. Shenzhen Longsys Electronics: Net profit for the first half of 2026 is 10.577 billion yuan, a year-on-year increase of 71528.66%. 2. Chip Alliance Integration: Net profit for the first half of 2026 is 278 million yuan, achieving profitability. 3. Forehope Electronic: Plans to repurchase company shares for 100 million to 150 million yuan. 4. Shandong Yisheng Livestock & Poultry Breeding: Sales revenue of white-feathered broiler chicks in July increased by 113% year-on-year. 5. Guolian Minsheng: Plans to repurchase 100 million to 200 million yuan worth of A-shares. Negative Announcements 1. Jiangsu Changling Hydraulic Co., Ltd.: Shareholders plan to collectively reduce their holdings by no more than 3%. 2. Sansure Biotech Inc.: Portions of shares held by shareholders with over 5% holdings are subject to judicial enforcement. 3. Tech-bank Food: Subsidiary Jiande Agricultural Development has been ordered to undergo bankruptcy reorganization. 4. Daqian Ecology & Environment Group: Xinhua Publishing Group plans to reduce its holdings of the company's stock by no more than 1%. 5. Guizhou Wire Rope: Involved in a significant lawsuit with a case amount of 1.241 billion yuan. This article is reproduced from Tencent Self-Selected Stocks, GMTEight edited by Li Fo.