Since March, the A-share market has embarked on an intensive phase of annual report disclosures, prompting a notable surge in research endeavors by securities firms. Data from Choice indicates that, as of 5:00 PM on March 24, CITIC Securities, Changjiang Securities, and Kaiyuan Securities have jointly claimed the top spot, each conducting 83 research visits. The research efforts have been concentrated on four key industries: electronics, pharmaceutical biology, electrical equipment, and mechanical equipment, with a particular focus on niche sectors such as memory chips, AI computing power, and robotics. Analysts have noted that, in the inaugural year of the "15th Five-Year Plan" period, the research directions of securities firms align closely with policy priorities, including the intelligent economy, collaborative computing and energy, and new quality productive forces. Propelled by both industrial trends and policy support, the technology and high-end manufacturing sectors are anticipated to remain prominent market hotspots.
