Pre-market thoughts on March 17th: Exceeding expectations system

Today’s index is very critical. The previous two lower shadows were both followed by recovery the next day. If the index can stay above 4124 today, the strength is still acceptable. [Taoguba]
If it remains below 4080, then decisively clear out positions.

Yesterday, the storage chip market resonated, but the strength was weak. To bet on storage chips, wait for divergence to be exploited.

Chemical industry surged and then fell back yesterday, and there was no proactive recovery in the afternoon, indicating a deliberate weakening and realization, with low expectations.

Shun Na Shares and Jin Kai recovered well, but the sector has already reversed, making betting difficult.

Marine Economy: Core: Oriental Marine
The marine economy also did not rise yesterday. The core of the Growth Enterprise Market is Deepwater Hainan. If there’s a small chance that Oriental Marine’s order book strengthens tomorrow, consider arbitrage on the GEM.

News Highlights:

1. The three departments issued the “Notice on Launching Hydrogen Energy Comprehensive Application Pilot Projects,” expanding application scale to promote hydrogen energy as a new economic growth point and support a comprehensive green transformation of economic and social development.

2. Mitsui Metals Japan plans to raise prices for MicroThin, ultra-thin copper foil used in AI servers, indicating that to meet strong customer demand, they have started increasing MicroThin production.

3. Yau Cai Securities announced last night that the tender offer initiated by Ant Group has been approved by relevant Chinese authorities, meaning the most critical part of the acquisition is now complete. The announcement also states that the company’s stock will resume trading from the market opening on the 17th.

4. NVIDIA GTC announced a new generation of chip architecture and launched a simplified shrimp farming system, aiming to enable every GPU server to seamlessly connect to the OpenClaw ecosystem. NVIDIA praised OpenClaw as the fastest-growing open-source software ever. They also released NVIDIA DLSS 5, designed to make video game graphics more realistic while reducing computational resource consumption.

5. Guinea, the world’s largest bauxite producer, is discussing with mining companies to control ore supply to protect the country from price drops.

6. The government work report emphasizes supporting the prosperity of the publishing industry, improving nationwide reading promotion services, supporting physical bookstores, widely carrying out mass cultural activities, and fostering new popular arts under internet conditions.