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Real-time News
On January 19, the Hurun Research Institute released the "2025 Hurun China AI 50" report, which showed that Cambricon, an AI chip company, ranked first with a value of 630 billion yuan, an increase of 165% over the previous year; Moore Threads, the first domestic GPU company to go public, ranked second with a value of 310 billion yuan; and Muxi, one of the first high-end GPU companies in China to achieve full-process localization, ranked third with a value of 250 billion yuan.Goldman Sachs issued a report stating that 2026 will be a crucial strategic turning point for Chinas internet giants. This is due to increased investment in AI-driven consumer (To-C) sectors, intensifying competition to build AI super-gateways, and a more coordinated effort among these giants to defend their core leading positions. Goldman Sachs predicts that some large-cap and small-cap stocks will generate excess returns in 2026, recommending three investment themes: earnings per share realization/growth, narrative shifts driven by AI and globalization, and shareholder returns. The bank also updated its quarterly sub-sector preference rankings, placing cloud computing and data centers, gaming and entertainment, and AI models in the top three. Among the giant stocks, Pinduoduo (PDD.O) is a key recommended stock due to its valuation discount, strong cost-effectiveness, and robust growth in its platform.January 19th - The Sixth Session of the 16th Guangzhou Municipal Peoples Congress opened on January 19th. Guangzhou Mayor Sun Zhiyang delivered the government work report. The report mentioned accelerating the establishment of the Greater Bay Area International Commercial Bank.January 19th - The Sixth Session of the 16th Guangzhou Municipal Peoples Congress opened on January 19th. Guangzhou Mayor Sun Zhiyang delivered the government work report. The report proposed that in 2026, Guangzhou will strengthen basic livelihood security, develop industry-specific and regional enterprise annuities, and explore a shared development model for talent annuities. It will also optimize the supply system of affordable housing, raising funds to construct 30,000 units (households) of affordable housing.On January 19th, five departments, including the Ministry of Industry and Information Technology, jointly issued the "Guiding Opinions on Carrying Out the Construction of Zero-Carbon Factories." The "Guiding Opinions" propose accelerating the green and low-carbon transformation of energy consumption structures to achieve carbon reduction at the source. Under the premise of ensuring a secure energy supply, factories are encouraged to achieve zero-carbon electricity, heat, hydrogen, and fuel supply. They are also encouraged to develop and utilize distributed photovoltaic, distributed wind power, and biomass power generation according to local conditions, explore direct green electricity connections, and increase the proportion of renewable energy use. Factories with suitable conditions are encouraged to build industrial green microgrids, integrating photovoltaic, wind power, waste heat recovery, and new energy storage and high-efficiency heat pumps to achieve multi-energy efficient complementary utilization. The "Guiding Opinions" also encourage the active development of integrated green hydrogen, ammonia, and methanol projects, and promote the application of clean and low-carbon hydrogen, such as industrial by-product hydrogen and hydrogen produced from renewable energy.
