After a continuous reduction in volume, short-term sentiment has reached a freezing point. Can the recovery of AI computing power lead to a market rebound?

Although the market experienced some degree of recovery yesterday afternoon, the rebound strength remains relatively weak, and the short-term trend continues to show a weak adjustment structure.

cls.cn21:23 ET

Brokerage morning meeting highlights: The industry allocation recommendations for April should focus on two main lines.

At today's Brokerage morning meeting, Galaxy Securities stated that the characteristics of a short-term structural economic recovery remain evident, with industries related to new productive forces performing better; HTSC believes that increased investment in global AI computing power is expected to drive the performance of businesses in sectors such as Optical Communications to remain positive; China Securities Co., Ltd. suggested that the industry allocation recommendations for April should focus on two main lines.

cls.cn20:46 ET

After nearly four years, the Fund has once again reduced its shareholding in Semiconductor Manufacturing International Corporation.

① Xin Xin Hong Kong, holding more than 5%, has reduced its shareholding in Semiconductor Manufacturing International Corporation by 11.3 million shares, resulting in a new shareholding ratio of 6.91%; ② Xin Xin Hong Kong is a wholly-owned company of the Fund Phase I, and it has been nearly four years since the last shareholding reduction. The Fund Phase II has not announced a reduction plan since it was released from the ban in July 2021.

cls.cnMar 31 11:14 ET

In 2024, net profits reached a record high, AVIC Shenyang Aircraft: "New generation equipment" has made a comprehensive breakthrough | Interpretations

① AVIC Shenyang Aircraft achieved the best annual performance since its listing; ② The company stated: "The new generation of equipment has made comprehensive breakthroughs."

cls.cnMar 31 11:00 ET

Insight into the 2024 Industry Earnings Conference｜The management of Shanghai Pudong Development Bank stated that it will continue to control the cost of deposit interest payments and establish a blacklist mechanism to resolutely exit some customers.

① Xie Wei pointed out that the overall environment remains very challenging, and the trend of narrowing net interest margins will continue. ② Striving to solidify the Crediting customer base within 3 to 5 years to further improve the quality of Crediting Assets. ③ In 2024, the total disposal of non-performing Assets will reach 108.7 billion yuan, with Cash recovery of non-performing Assets at 37.8 billion yuan, both figures hitting historical highs, leading to provision reversal.

cls.cnMar 31 10:46 ET

How do you view the Ministry of Finance's current round of capital injection? Executives from Bank of China,交通 Bank, Construction Bank, and Postal Savings Bank Of China responded together.

① The Shanghai Stock Exchange held a "2025 State-owned Large Commercial Banks Private Placement Investor Briefing", where executives from the four major state-owned banks attended the roadshow and introduced relevant information. ② The recent round of capital injection by the Ministry of Finance did not involve Industrial And Commercial Bank Of China and Agricultural Bank Of China. How will the subsequent capital replenishment plans for these two major banks be arranged? The Financial Association reporter has contacted Industrial And Commercial Bank Of China and Agricultural Bank Of China multiple times today regarding this matter, but no responses have been received.

cls.cnMar 31 08:53 ET