GuShiio.com ① The promotion rate of connected stocks dropped to 37% today. Among the five stocks with 4 consecutive stocks yesterday, only Xinshida achieved promotion. Funds continue to focus on technology heavyweights with large-cap market capitalization. China Unicom, China Telecom, and Cambrian have all gone up and down;② Alibaba’s exceeding expected capital expenditures triggered a rush for funds to fund computing power stocks. With the surge in demand for computing power chips, semiconductor upstream equipment, materials and other fields are expected to see compensatory gains.
Financial Union reported on February 21 that today, 112 shares had a daily limit, 12 shares had exploded, and the closure rate was 90%. Hangzhou Chijin had 8 consecutive boards, Xinshida had 5 consecutive boards, Zhejiang Zhongcheng, Ciwen Media, Boqian Xincai, Zhongdalide, Shengtong, Zhuoyi Technology had 3 consecutive boards, Hangzhou Steel Co., Ltd. had 13 days and 10 days, Weipaige had 7 days, Runjian had 7 days, Hainan Huatie had 7 days, Data Port had 7 days, Taihao Technology had 8 days and 5 days, Yingfeng Environment had 4 days. Yunsai Zhilian has 4 boards in 6 days, and Kehua Data has 4 boards in 10 days. The all-day turnover of the Shanghai and Shenzhen stock markets was 2.19 trillion yuan, 436 billion yuan higher than the previous trading day, and exceeded 2 trillion yuan again since December 13, 2024. In terms of sectors, liquid-cooled servers, state-owned cloud, computing power, and semiconductors were among the top gainers, while precious metals, banking, clothing, and traditional Chinese medicine were among the top gainers. At the close, the Shanghai Composite Index rose 0.85%, the Shenzhen Component Index rose 1.82%, and the GEM Index rose 2.51%.
Analysis of popularity and connected stocks
The promotion rate of connected stocks dropped to 37%, and the highest standard rose to 8 boards. However, yesterday, only Xinshida, which combined with robots and the concept of mergers and acquisitions, achieved promotion among the five four-board stocks, but two entered 3 stocks maintained a good promotion rate today. The sharp drop in the promotion rate of the board still has an adverse impact on the two strongest mainlines of this round, DeepSeek and high-end stocks in the robot concept. Hangjin Technology, Jidong Equipment, and Jikai Shares all hit or approached the limit in early trading. While the short-term relay sentiment of high-end stocks was sluggish, the popularity of trend capacity and big votes showed a trend of decline. The Cambrian and China Unicom, two technology-weighted votes with a market value of more than 200 billion, both went daily today. However, the acceleration of trend votes means that today’s technology line is experiencing a short-term climax, and differences early next week are inevitable, but the short-term correction can still be seen as a good opportunity to refocus on the front row core.
Mainline hot spots
At a call conference with financial analysts in Q3 fiscal year 2025, Alibaba Group announced that infrastructure investment in cloud and AI in the next three years is expected to exceed the total of the past ten years. Alibaba’s capital expenditure exceeded expectations directly triggered the Alibaba Cloud concept in early trading. Data center-related IDC, Liquid Cooling, HVDC and other branches surged across the board, and more than ten stocks including Runjian, Dataport, Aofei Data, and Invik rose daily. The three major telecom operators, the largest providers of short-term cloud services, also accelerated today, with China Unicom and China Telecom both trading at daily limits. With the batch explosion of computing power leasing, cloud computing and other branches, the upward trend of computing power chip stocks such as Cambrian and Haiguang Information is also extremely fierce. Morgan Stanley analysis shows that Nvidia’s consumption of silicon wafers for AI in 2025 will rise from 51% in 2024 to 77%. As the demand for AI computing chips surges, or the formation of upstream wafer fab continues to be positive, materials, equipment, and packaging and testing terminals related to advanced processes are also expected to usher in a round of events next week.
DeepSeek announced today that in the next week, it will open source five codebases one after another, and new content will be unlocked every day to further share new progress. Previously, many companies in government systems, finance and other industries in many places have also announced access to DeepSeek. Government cloud concepts such as Shensanda A, Yunsai Zhilian, Xinhuanet, etc. have gone up and down, while financial technology concepts such as Shenzhou Information and media stocks such as Zhongguang Tianze and Huanrui Century have also been on the board. As a government cloud and financial cloud that have both the dual attributes of Xinchuang and cloud services, while related hardware equipment is the first to benefit in the short term, it may be expected to further realize performance to the operating system and application side. However, cases of AI’s transformation to the media industry are still emerging one after another. After Applovin achieved a 73% surge in advertising revenue in the fourth quarter, game engine company Unity was also stimulated by the launch of a new advertising marketing engine, soaring by more than 30% overnight. The stimulation of U.S. stocks to the entire AI marketing industry of A-shares should still be paid attention to.
Robot startup Figure AI announced that on February 21, Figure will unveil “the most important AI update in the company’s history.” According to Adcock, in less than 30 days, the Figure robot relied entirely on a single neural network to complete end-to-end work. Benefiting from the update of Figure’s robot model in the field of neural networks, neural network concept stocks such as Deepwater Haina and Teel have made up gains. As the popularity of Hangqi advanced and advanced to eight consecutive boards, a large number of constituent stocks such as Robot Concept Shuangfei Group, Zhongdalide, Folai Xincai, and Jiangsu Leili continued to hit record highs. Recent upgrades to the Yushu robot by “BeamDojo”, including the Helix large model released by Fiqure Al., have demonstrated the importance of large models to the evolution of robot performance. Therefore, intelligent technologies and components including neural networks, large and small brains may become a new focus in the next round of robot industry chain.
Huang Guo, member of the Party Leadership Group and Deputy Director of the State Food and Drug Administration, said that the drug regulatory authorities will continue to improve relevant policies and support and guide domestic companies, R & D institutions, etc. to increase the research and development of innovative drugs and high-quality generic drugs. The innovative drugs and CXO sectors have accelerated their upward trend recently. Many stocks such as Maiwei Biotech, Bailitianheng, Sansheng Guojian, and Xinnuowei have risen more than 10%. Industry leader Baiji Shenzhou has surged 8%, continuing to hit a record high. WuXi AppTec also rose more than 15% this week. Two previous heavy-duty policy documents on the innovative drug industry have improved payment channels and financial support, and liberalizing pricing power outside designated pharmaceutical institutions for innovative drug medical insurance is expected to allow innovative pharmaceutical companies to obtain reasonable returns that match their investment in the early stages of drug marketing. The main profit timing of some Science and Technology Innovation Board Biotech companies whose commercialization progress has continued to be limited before is expected to be significantly advanced, while the performance of some traditional large and medium-sized pharmaceutical companies with strong innovation capabilities that have mastered multiple large products is also expected to rise to a higher level.
Outlook for the market
After the index completed stepping back on the short-term moving average for three consecutive days in the previous three days, it showed an upward acceleration in volume today, and the transaction volume exceeded 2 trillion yuan again in more than two months. Although the number of individual stocks that rose in the market today only slightly prevailed, the daily limit of more than 100 stocks for several consecutive days reflects that the overall profit-making effect of the market remains high. At present, the transaction volume of the TMT index still accounts for about half of the entire market. It can be seen that technology stocks are still undoubtedly the dominant market in this round of market. However, since their trading congestion has increased further, the risk of backlash caused by overheating trading still needs to be paid attention to. Judging from various sub-indices, the Science and Technology Innovation 50 Index rose nearly 6% today and was the first to break through the high of October 9 last year. The China Securities 1000 Index also followed closely to hit a new weekly closing high for this round. However, the micro-cap stock index, which had previously strengthened simultaneously, fell instead of rising today. If market funds continue to focus on large-market value votes next week, some small micro-cap stocks in the back of hot sectors that have increased too much will still be at risk of differentiation and elimination.
Analysis chart of today’s daily limit
