Last Minute Surge to the Daily Limit Up
This morning, the domestic consumption sector showed strong activity, with sectors such as "grain economy," food and beverage, agriculture, breeding, and pet economy leading the gains.The "digital metaphysics" has gradually become active in the past two days. This morning, stocks such as Zhu Lao Liu, Yipin Hong, Yizhi Mo Yu, Sanwei Communication, 263 Network, Qi Yi Er, Yiming Food, San Bai Shuo, Liang Mian Zhen, Si Fang Xin Cai, San Ren Xing, San Bo Brain Science, Ba Fang Shares, and San Fang Xiang have seen significant increases or hit the upper limit. However, there are also stocks with numbers in their names that have declined, such as Sanwei Chemistry, Daqian Ecology, Sichuan Jiuzhou, and Liu Guo Chemicals, which have seen significant drops.Last year at this time, San Bai Shuo's stock price soared continuously, triggering a "digital metaphysics" trend. At that time, a list of "one two three four five six seven eight nine hundred thousand billion trillion concept stocks" went viral online. Netizens joked: "Three create all things."At the morning close, the Shanghai Composite Index rose by 0.43%, the Shenzhen Component Index rose by 0.07%, and the ChiNext Index fell by 0.16%. Stocks such as Daqian Ecology, Bohai Chemistry, Guoguang Electric Appliance, Youyan New Materials, Tianyu Digital Science, Sichuan Jiuzhou, and Yuegui Shares hit the lower limit. Douyin concept stocks began to rise as the morning session neared its close, with the leading stock, Shenguang Group (002400), hitting the upper limit in the last minute before the morning close. This may be related to an external rumor in the market.The "grain economy" concept soarsThis morning, according to Tonghuashun data, the "grain economy" concept index soared by 11.21%, with stocks in the sector collectively rising and triggering a wave of upper limits, among which, Chuangyuan Shares, Deyi Cultural, and Huali Technology all hit the 20% upper limit. The two leading stocks, Shifeng Culture and Guangbo Shares, both hit the upper limit with a single word, and both have welcomed five consecutive boards.As the "grain economy" concept strengthens in A-shares, institutions have begun to intensively analyze opportunities in the industry chain.Zheshang Securities stated that the secondary element industry chain includes three parts: content production, content dissemination, and peripheral derivatives. Among them, the secondary element peripheral derivative market has a low concentration and presents a hundred flowers blooming situation: First, the upstream and midstream operating companies are closely integrated with the IP industry chain, becoming important participants in IP derivative development, providing consumers with more differentiated IP experiences to stand out in fierce competition; second, in terms of downstream retailers, there are currently grain shops, miscellaneous stationery gift shops, Japanese retail shops, card shops, and "secondary element + traditional store forms" in China's secondary element-related retail channels. High-profile chain grain shops generally rely on upstream IP resources to grow rapidly have strong explosiveness, and are in the stage of accelerating store openings.Zheshang Securities stated that the current "grain economy" is in the stage of competing for channels, and companies or brands with extensive retail channels are expected to enjoy industry beta in the initial stage. In the medium and long term, core competitiveness will return to product development and selection capabilities, ultimately focusing on differentiated product supply.Shenwan Hongyuan stated that the "grain economy" industry chain has huge development space, and IP and channels are the core. Compared with the trend toy industry, where the leading companies have formed a complete industry chain layout, there are fewer companies with a complete layout of the "grain economy" industry chain. Some companies focus on the midstream of the industry chain, product design and development, and distribution, obtaining IP authorization from the upstream, building their supply chain to provide product production capabilities + opening up downstream distribution channels to complete monetization, but the income contribution of self-operated stores is still low and is extending the industry chain.The surge in the "grain economy" concept has also activated the entire culture and media sector. This morning, sectors such as film and television theaters, short dramas and games, and intellectual property protection have seen significant increases.In the culture and media sector, games, publishing, film and television, and advertising marketing are considered by institutions to be key scenarios for the vertical application and landing of AI. On the one hand, as multimodal model capabilities continue to break through, achieving leapfrog progress in performance such as voice interaction, visual capabilities, and solving complex mathematical and coding problems, AI applications are accelerating their landing; on the other hand, Apple's release of VisionPro at the beginning of the year ignited the concept of spatial computing, and many manufacturers at home and abroad have joined the XR layout. XR hardware is deeply dependent on high-quality content. With the increase in hardware shipments, the demand for content will also grow, and XR channel monetization is expected to become a new growth point for the media content industry.Food and beverage sector risesThis morning, the food and beverage sector continued to rise, with many stocks such as Gui Faxiang, Hao Xiang Ni, and Yiming Food hitting the upper limit.Regarding investment opportunities in the food and beverage sector, Galaxy Securities stated that under the background of a new round of central and state-owned enterprise reforms, the investment value of the liquor sector has increased. The reasons are: first, state-owned enterprises have increased their flexibility in dealing with this round of industry cycle adjustments. Second, liquor state-owned enterprises have increased dividend returns. Third, under the new round of debt resolution, localities pay more attention to the market value management of local high-quality assets.For the mass food sub-sector, Galaxy Securities stated that investment clues within the sector can be found in three major dimensions. First, strengthen the protection of key areas, taking dairy products and condiments as examples, which are expected to lead the industry out of the cycle bottom with state-owned enterprises and achieve long-term benign development. Second, deeply participating in the global division of labor, state-owned enterprises are expected to respond to global competition at a higher level, creating Chinese products and Chinese brands with international influence. Third, mergers and acquisitions, and efficiency improvement, focus on enterprises that benefit from state-owned enterprise reforms, and have significant room for improvement in profitability compared to industry benchmark enterprises.