A-share afternoon comment: Growth Enterprise Market refers to a half-day increase of 0.67%, led by photovoltaic and non-ferrous metal sectors.

  The three A-share indexes rose collectively in early trading. By midday, the Shanghai Composite Index rose by 0.33%, the Shenzhen Component Index rose by 0.56%, the Growth Enterprise Market Index rose by 0.67%, the Beizheng 50 Index fell by 0.01%, and the half-day turnover in Shanghai, Shenzhen and Beijing was 451.3 billion yuan, including 449.1 billion yuan in Shanghai and Shenzhen, 24.1 billion yuan more than the previous day. More than 3,400 stocks in the two cities rose.

  In terms of plate theme, BC battery, non-ferrous metal and HJT battery were among the top gainers; Copper cable high-speed connection, virtual power plant and power sector were among the top losers.

  On the disk, the concept of photovoltaic led the rise in early trading, with () and () daily limit and (), () and () daily limit exploding. The concept of non-ferrous metals continues to be active, () 3 consecutive boards, (), (), (), () daily limit. The power sector is divided, () 4 boards are connected, () and Huitian Thermal Power have daily limit, and (), () and () have fallen more than 6%. Copper cable high-speed connection plate continued to adjust, Dingtong Technology and () were among the top losers.

  Plate analysis:

  Straight flush hot stock list:

  Transaction review:

  At 09: 25, A shares opened, the Shanghai Composite Index opened 0.05% lower, the Shenzhen Component Index opened 0.04% lower and the Growth Enterprise Market Index opened 0.12% higher.

  At 09:27, the concept of satellite navigation was active at the beginning, with (), () and () daily limit, while the aerospace, () and () groups opened higher.

  At 09:28, the concept of virtual power plant fell at the beginning, and the new China-Hong Kong limit fell, followed by (), Jiuzhou Group, (), () and ().

  At 09:30, the Growth Enterprise Market Index rose to 1%, the Shanghai Composite Index rose by 0.1%, and the Shenzhen Component Index rose by 0.44%.

  At 09:32, the photovoltaic concept strengthened in early trading. Jingao Technology rose by more than 8%, Junda shares, (), () and Trina Solar rose by more than 5%, and () and () surged in succession.

  At 09:33, the Hang Seng Technology Index fell more than 1%, and the Hang Seng Index is now down 0.92%.

  At 09:36, power stocks were divided in early trading, and Huitian Thermal Power and Chendian International had daily limit. Jiuzhou Group fell more than 10%, while (), Leshan Power, () and () were lower.

  At 09:38 BC, the concept of battery rose, Junda shares and Jing ‘ao Technology both had daily limit, and (), Aixu shares, Trina Solar, TCL Zhonghuan, Tongwei shares, Foster and other shares rose more than 5%.

  At 09:43, the real estate development sector rebounded, with () daily limit, (), (), (), (), () and so on. In the news, Guangzhou and Shenzhen adjusted their housing credit policies on the same day.

  At 09:45, the Hang Seng Technology Index fell more than 2%, and the Hang Seng Index is now down 1.35%.

  09:47 The non-ferrous metal sector continued to be active, and Huayu Mining’s third board, (), Liyuan, (), () and () followed suit.

  09:50 According to () iFinD data, according to the balance scale, up to now, the net inflow of southbound funds exceeds 3.1 billion yuan, of which the inflow of Hong Kong Stock Connect (Shanghai) exceeds 1.8 billion yuan, and the inflow of Hong Kong Stock Connect (Shenzhen) exceeds 1.3 billion yuan.

  10:00 According to the straight flush iFinD data, the turnover of Shanghai and Shenzhen stock markets reached 229.7 billion yuan within half an hour of opening.

  10:02 The International Monetary Fund (IMF) announced in Beijing on the 29th that it would raise its economic growth forecast of China by 0.4 percentage point to 5% this year. (Xinhua News Agency)

  At 10: 02, the concept of HJT battery rose and strengthened, and many stocks, such as (), Liansheng Technology and Jingao Technology, went up, () and Trina Solar rose by over 10%, while (), Artes and () followed suit.

  At 10:03, the concept of gold rose, and Hunan gold went up, (), Sheng Da resources, (), (), () and so on.

  At 10:12, digital currency’s concept moved up, () pulled the board straight, and (), (), (), (), () and so on followed up.

  At 10:17, the concept of photoresist rose, () rose more than 15%, and (), (), (), () and () followed.

  At 10:22, power stocks bottomed out, and the international daily limit of Dongwang Times, Huitian Thermal Power and Chendian Power rose, followed by (), (), Guangxi Energy and ().

  10:33 According to the straight flush iFinD data, according to the balance scale, up to now, the net inflow of southbound funds exceeds 5 billion yuan, of which the inflow of Hong Kong Stock Connect (Shanghai) exceeds 3 billion yuan, and the inflow of Hong Kong Stock Connect (Shenzhen) exceeds 2 billion yuan.

  At 10:38, the concept of consumer electronics rose sharply, () rose by over 15%, followed by (), (), (), () and ().

  At 11:05, the concept of small metal rose and strengthened. Both Xianglu Tungsten Industry and Zhangyuan Tungsten Industry had daily limit, and (), (), () and () followed suit.

  News:

  1. Lenovo Group: entered into a strategic cooperation framework agreement with Alat, a wholly-owned subsidiary of Saudi sovereign wealth fund PIF.

  Lenovo Hong Kong Stock Exchange announced that it has entered into a strategic cooperation framework agreement with Alat, a wholly-owned subsidiary of Saudi sovereign wealth fund PIF. And entered into a bond subscription agreement, which will issue $2 billion of zero-coupon convertible bonds to the other party.

  2, new energy heavy sudden photovoltaic industry chain strengthened across the board.

  In early trading today, Longji Green Energy, Tongwei Shares, () and other new energy leading stocks performed very strongly. The market is discussing the supply-side reform of new energy. Its source is still a message from the South China Morning Post. It is reported that at the recent heavy meeting, the supply side released a major signal. On the one hand, it reminds us not to have an unbalanced upsurge in investment in the new energy industry. On the other hand, the new energy industry should not be the only focus, because the transformation of traditional industries can also develop "new productivity". Support for the "new three" products-electric vehicles, lithium-ion batteries and solar panels must "adapt" to local conditions. () It is believed that the current aesthetic preference of A shares can be divided into: supply contraction, demand growth rate greater than supply contraction, and demand does not increase. The midstream of new energy has become an alternative, because it is optimistic about the growth of demand, which is generally inseparable from new energy. Its demand is still above average, but it is not optimistic about the supply of new energy midstream. The supply-side reform of the "new three kinds" is coming, the valuation is rising, the supply-side clearing is effective, and the performance may be improved. (Broker China)

  3. It broke the news that Baidu Wenxin Big Model 5.0 will be released in 2025.

  It is learned from reliable insiders that Baidu will release a new generation of Wenxin Big Model 5.0 during the Baidu World Congress in 2025. At present, the latest version of Wenxin Big Model is version 4.0, which was released by Baidu founder Li Yanhong at the Baidu World Congress held in 2023. It has four core abilities: understanding, generation, logic and memory. According to Li Yanhong’s introduction when he released it in October 2023, Wenxin Big Model 4.0 was not inferior to GPT-4 after its release. Sina Technology has learned that the Baidu World Congress has been held in the second half of each year. According to this calculation, Wenxin Big Model 5.0 will meet with you in the second half of 2025. According to public information, the Baidu Wenxin model was first launched in 2019, released in version 3.0 in 2021 and upgraded to version 4.0 in 2023. (Sina Technology)