Home » The three major A-share indexes continue their strong artificial intelligence mainline and accelerate the spread_Oriental Fortune Network

The three major A-share indexes continue their strong artificial intelligence mainline and accelerate the spread_Oriental Fortune Network

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The three major A-share indexes continue their strong artificial intelligence mainline and accelerate the spread_Oriental Fortune Network

The A-share market continued its upward trend on March 4, with heavyweight sectors such as petroleum, petrochemicals, pharmaceuticals, and biology leading the way. The Shanghai Stock Index surged above 3,000 points, driven by these sectors. The hot topic in the market remains focused on artificial intelligence, with concepts like liquid-cooled servers and CRO setting off a rising tide.

At the close of trading, the Shanghai Composite Index was at 3039.31 points, up 0.41%, while the Shenzhen Composite Index was at 9438.24 points, up 0.04%. The total turnover in the Shanghai and Shenzhen stock markets was 1.0771 billion yuan, significantly higher than the previous Friday.

The main line of artificial intelligence continues to gain traction in the market. The concept of liquid-cooled servers led the rally, with stocks like Fii, Sunsea Intelligence, and Jialitu hitting their daily limit. Fii’s stock price has risen by over 60% since February, reaching a market value of 437.4 billion yuan. The increasing demand for AI servers is being driven by the growth in computing power required for large-scale language generation models and AI development.

The “three barrels of oil” also rose hand in hand, with the Shenwan Petroleum and Petrochemical Industry Index increasing by 2.11%. CNOOC, PetroChina, and Sinopec all saw significant gains following Saudi Arabia’s announcement of extended production reduction measures. OPEC’s production cuts are expected to support oil prices, providing investment opportunities in oil companies globally.

Institutional analysts recommend paying attention to industry-leading companies with strong dividend capabilities and growth potential. As the market stabilizes, investors are expected to focus on high-dividend assets and industry leaders in the coming months. The Shanghai and Shenzhen 300, CSI A50, and Science and Technology Innovation 50 indexes are likely to dominate the market, according to experts.

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As the market forms a new style orientation, investors are advised to consider the ‘dividend growth’ strategy, focusing on companies with the ability to pay dividends and potential for growth. The future outlook for the A-share market remains positive, with opportunities for investors in various sectors. (Source: Shanghai Securities News)

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