3.2 Next Week Preview

Hua Sheng attempted to break through the board at the start of the session to advance, but unexpectedly, yesterday’s top trader, Leisure派, easily reversed and sold over 200 million yuan. Even a bunch of quant funds trying to catch the rebound couldn’t hold on, and by the close, it fell back to six points. Seeing Hua Sheng’s intense trading on Zhongshan East Road, others lost interest and turned to a one-billion-point fire, Tuowei, which directly hit the limit up. This play of A doing B is truly masterful. On the other side, Yunnan Energy, combining computing power and electricity, knowingly headed into danger and continued to accelerate despite volatility. Little Crocodile, Old Ge, and the mysterious tycoon Taoyuanling, who helped seal the board with ten-thousand-share orders, are all supporting. Will Yunnan Energy break through next week and reopen the market high?

AI: Early in the session, Hua Sheng released some divergence during the bidding and then started to surge. Although the first two surges were quickly suppressed, they also prompted other Huawei-line stocks like Yanshan and Tuowei to rally, with Lio also opening low and then rising. Meanwhile, Yunnan Energy continued to accelerate with high momentum, aiming for a 100% abnormal move to reach 7 points. It’s important to note that, besides stocks like Fenglong and Shengtong, which were driven by restructuring news and hit the ceiling, the last stock to reach 7 points was Silver, and before that, Jinfu. Silver’s surge was mainly influenced by external factors affecting gold and silver prices, but after Jinfu, stocks like Anji, Dongbai, and Zaisheng also experienced continuous upward moves. Additionally, during the closing auction, popular stocks like Hua Sheng, Lio, and Yanshan showed signs of frantic buying, with significant momentum—Lio and Yanshan jumped over one point. Overall, Yunnan Energy’s recent move is more about the logic of computing power rather than electricity. After breaking through, stocks in the same sector with similar recognition are expected to perform well. Moreover, other Huawei-line stocks like Taijia, Tuowei, and Fenghuo also hit the daily limit today, which warrants ongoing observation.

Non-ferrous metals: The sector had a total of 17 stocks hitting the daily limit, ranking first in the market. Among them, Baogang surged nearly 9%, and Hunan Gold also hit the limit with increased volume, approaching previous highs. Looking ahead, the strength of non-ferrous metals this time differs from the last time, which was mainly driven by precious metals and was more passive. This time, the price increase logic is more direct. Therefore, non-ferrous metals are likely to develop a new trend, but since it’s trend-driven, after several days of strong performance, they may face divergence tests in the next couple of days. Those interested in participating can wait for a divergence opportunity. Specifically, Baogang, as the emotional core, has a turnover rate of only about 10%, indicating strong internal holding intentions.

Commercial Aerospace: Both Aero Engine and GCL today showed proactive behavior, but the market rotation was too fast, and liquidity was drained quickly. However, the logic of adjustment remains unchanged.

Chemicals: Similar to non-ferrous metals, the logic is also based on price increases. But chemicals started earlier and are at higher positions, so in the short term, caution is needed to avoid chasing highs.