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Northbound funds entered the market quickly
AI may set off another spring**
As of February 23, northbound funds have recently continued to flow into nearly 32 billion yuan, in this regard, some ** institutions said that with the continuous recovery of Chinese assets, the probability of foreign capital returning to China is expected to increase. Looking backwards, under the combined effect of the two expectations of economic recovery and the inflection point of global liquidity, the follow-up of the A** market is still worth looking forward to.
Since February, the net amount of northbound funds has been enlarged as of 223
Bosera**
The trend of continuous recovery of the domestic economy continues to be verified by data, and the effects of various policies to stabilize growth are gradually emerging. At present, there is still uncertainty about the timing of the Fed's interest rate cuts, and overseas liquidity is also swinging back to tightening, but the Fed's monetary policy is gradually easing, and the liquidity environment faced by A-shares will be more friendly as a whole. The trend of A-shares in the future will be determined more by domestic factors, if the economic recovery can continue to be verified by dataThe bottom of the A-share round** is expected to continue.
Wu Qiong, director of the research department of the hive**
In the medium to long term, the market will return to fundamentals and industry trends. Continue to be optimistic about the performance of the artificial intelligence sector, and the launch of SORA is another breakthrough in the field of artificial intelligenceThe computing power on the hardware side and the application on the software side may usher in another opportunity.
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SORA changes the film and television industry
Related ** surfaced
At present, Silicon Valley artificial intelligence giants such as Nvidia, Meta, and Google are committed to developing Wensheng ** applications.
China Merchants said that the new milestone model of SORA in the field of generation provides solutions for the deep involvement of AI in content creation in the future. With simultaneous efforts in China, upstream film and television IP, shooting, post-production, quality control and other links may usher in changes.
Investment**
Related** with rich IP or film and television content materials may benefit from the growth in demand for upstream IP and materials brought about by technological advancements, such as:
Shanghai Film, Huace Film and Television, Alpha Entertainment, Jebsen Shares, Tom Cat, Reading Group, Chinese**, etc.;
Those involved in the production of film and television content and actively embracing AI technology may increase production capacity, such as:
Guangguang Media, Baina Qiancheng, Guomai Culture, Beijing Culture, Zhewen Films, China Film, etc.;
Considering that the supply of film and television content is expected to grow in the future, cinema companies are also expected to benefit, such as:
Wanda Films, Happy Blue Ocean, Hengdian Film and Television;
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23 brokerage firms performance outlook
19 profit forecasts
According to Xinhua Financial News, as of February 21, 2024, 23 of the 43 listed brokerages have disclosed their 2023 annual performance reports or performance forecasts.
Judging from the 15 brokerages that disclosed their performance forecasts, 11 brokerages expect a year-on-year increase in net profit in 2023. Haitong** and Hualin** are expected to have a year-on-year decline in net profit in 2023, with a decline of more than 50%.
Judging from the 8 brokerages that disclosed their performance reports, the net profit attributable to the parent company of 6 brokerages, including Everbright ** and Bank of China**, increased compared with the same period last year, Everbright's net profit attributable to the parent company increased significantly, at 3138%。It should be noted thatThe operating income and net profit attributable to the parent company of CITIC** and Dongfang** in 2023 will both decrease compared with the same period last year.
The performance forecast of major brokerages is as of 223