China Merchants Securities released a research report saying that the direction of improving sentiment this week is mainly in the fields of resource products, midstream manufacturing, and information technology. Among upstream resource products, the prices of metals, steel, and coal have mostly risen; in the midstream manufacturing sector, prices in the new energy industry chain have mostly risen, and the year-on-year increase in metal forming machine tool production increased over three months in November. In information technology, memory prices continued to rise, and telecom's main business revenue increased year-on-year on a three-month rolling basis in November. In the consumer services sector, pig farming profits are rising. Listed companies' Q4 earnings are expected to continue to grow positively, but the increase may have narrowed. It is recommended to focus on non-ferrous materials, batteries, military electronics, aviation/space equipment, power grid equipment, construction machinery, semiconductors, media, etc. that are expected to increase or improve annual profits.

China Merchants Securities released a research report saying that the direction of improving sentiment this week is mainly in the fields of resource products, midstream manufacturing, and information technology. Among upstream resource products, the prices of metals, steel, and coal have mostly risen; in the midstream manufacturing sector, prices in the new energy industry chain have mostly risen, and the year-on-year increase in metal forming machine tool production increased over three months in November. In information technology, memory prices continued to rise, and telecom's main business revenue increased year-on-year on a three-month rolling basis in November. In the consumer services sector, pig farming profits are rising. Listed companies' Q4 earnings are expected to continue to grow positively, but the increase may have narrowed. It is recommended to focus on non-ferrous materials, batteries, military electronics, aviation/space equipment, power grid equipment, construction machinery, semiconductors, media, etc. that are expected to increase or improve annual profits.