智链探索者

This week's first trading day, this post is liked, big profits this week [Cheers][Mighty][Awesome]

CITIC Construction Investment: The New Year is Expected to Welcome a New Wave of Market Trends
From early September to early December, the AH markets have undergone a long period of adjustment, and investor sentiment has become cautious. Recently, several key events and data have been released, and the overall tone is in line with or slightly better than market expectations. We believe the underlying logic of the bull market is still in place, mainly driven by structural trends and capital market reform policies. The market has basically completed its adjustment, and with fund rankings also solidifying, the New Year is expected to welcome a new wave of market trends.
In terms of mid-term industry allocation, we focus on non-ferrous metals and AI computing power that have certain catalytic prospects, with commercial aerospace as the main theme and controllable nuclear fusion and humanoid robots as supplementary; Hong Kong stocks also present investment opportunities, with potential hot sectors mainly including internet giants and innovative drugs. Key focuses include: non-ferrous metals, commercial aerospace, AI, humanoid robots, controllable nuclear fusion, innovative drugs, and non-bank financials.

The latest data from market research agency Benchmark Mineral Intelligence shows that global electric vehicle (EV) sales will reach 2 million units in November 2025, bringing the cumulative sales this year to 18.5 million units, a year-on-year increase of 21%.
Among them, China continues to maintain its position as the world's largest electric vehicle market with a huge scale; Europe becomes the region with the strongest growth, while the U.S. market is showing weakness due to the end of the $7,500 (approximately 53,048 Chinese yuan at current exchange rates) tax credit.
Global Market Overview (January–November 2025 vs. the same period in 2024)
Global: 18.5 million units, +21%
China: 11.6 million units, +19%
Europe: 3.8 million units, +33%
North America: 1.7 million units, -1%
Other regions: 1.5 million units, +48%

On December 14, 2025, renowned hardware leaker Tom (YouTube channel Moore's Law Is Dead) confirmed that Samsung plans to gradually exit the SATA SSD business in early 2026 (expected after the CES exhibition) and will cease production after fulfilling existing orders. This news has been independently confirmed by multiple distribution and retail channels. Samsung, as the global leader in SATA SSDs, holds an 18% market share globally (approximately 21.6 billion yuan), with over 30% share in the Chinese market.

According to analysis, Samsung's cessation of production will directly lead to a contraction in SATA SSD supply, which is expected to drive a price increase cycle lasting up to 18 months, impacting the market far more than Micron's cessation of consumer-grade memory, while also pushing NVMe SSD prices upward. In sectors relying on SATA interfaces, such as entry-level PCs and enterprise storage, panic buying may occur, further amplifying short-term price increases.
PS: Last week I told everyone that I am just stating the facts; you can verify the source of the information. This does not reflect my bullish or bearish outlook, and please do not show overly emotional tendencies in the Durian Zone. Remember, remember.

Look at this table, at my age sleeping for 6 and a half hours is optimal. I usually only sleep for 6 hours and I don't feel any impact on my energy [Yunbei]

早安[太阳][太阳][太阳]
随手点赞，时来运转[鲜花][鲜花][鲜花]

This indicates that the difficulty of the Chinese stock market is indeed too great [允悲][笑cry]

The Four Heavenly Kings, it really seems like they are indispensable in life [sweat]

Duan Yongping and Wang Shi are indeed two extremes. Duan retired in his 40s, relying on equity investments, living a leisurely life, while Wang, in his 70s, still has to go out and work. [crying]
It shows that after accumulating a certain amount of wealth, one must realize preservation and appreciation through investment.

Many major Wall Street firms are bearish on the dollar! Funds may shift to emerging markets

Okay, I have something that has been hanging for more than a year without going out, waiting to be replaced [允悲]

Li Ao once told a story,
He originally cursed someone,
That person didn't retort,
A good person went to ask that person:
Li Ao has scolded you like this,
Why don't you respond?
That person said:
Li Ao scolds me,
I don't retort,
Li Ao will scold me once,
If I respond,
He will keep scolding me.
Li Ao: He understands me! [laughing with tears][sad face]

四大名著都演了，印象深刻，被誉为“古装第一美人”，昨夜悄然离世，享年61岁 [蜡烛][蜡烛][蜡烛]

What about these six people now?

Good morning[太阳][太阳][太阳]
The coldest day of winter, still insisting on getting up early to run[鲜花][鲜花][鲜花]

There is nothing outside the heart, there is no reason outside the heart

From an industrial perspective, overall next year, lithium battery energy storage photovoltaics are worth looking forward to, some due to anti-involution, and some because demand is truly driving it. In short, the inflection point emerged in the third quarter.
Of course, in the secondary market, if there is a slight fluctuation, you will experience this and that, making it impossible to explain to you.

Top Ten Energy Storage Giants in China by Overseas Orders (2025)

I just listened to an interview with Zhu Xiaohu, and the main points are:
1. At least for the next three years, there is no bubble in AI;
2. Although computing power is growing rapidly, the consumption of tokens is even faster. A small company consumes hundreds of billions of tokens a day, and as AI applications develop in the future, it will continue to grow exponentially;
3. The total daily token consumption of all large models in China has exceeded 300 trillion, far surpassing the United States;
4. The development of AI technology may slow down, but AI applications will explode. The implementation of AI applications is the real key; while everyone talks about AGI, they are actually focusing on the application side;
5. Future competition is not about AI, but about data centers and electricity, and China has a significant opportunity in this regard;
6. The technologies that are truly suitable for commercialization are "Boring Technology" (not flashy but practical technologies);
7. The gap in AI technology between China and the US is stable at three to six months, with opportunities to narrow in the coming years;
8. Chinese entrepreneurs have huge opportunities in the AI application sector, especially in the B2C field, where a large number of AI applications will explode next year.
I can't remember the exact words, but this is the gist based on my memory.

The best approach is to provide housing and household registration for families with two or more children, which addresses both the fertility rate issue and the real estate problem.