1. Selected news that fermented overnight.
1. Chip Semiconductors: 1) Moer Thread will hold its first launch meeting on September 26. Moer Thread is one of the few companies in China with full-function GPU R&D capabilities; 2) On September 18, according to Chip Storage Society, after Micron suspended its quotes, Samsung has also notified major customers of a price increase for Q4, with expected price increases for NAND type eMMC/UFS protocols of 5%-10%; 3) Citigroup reports that positive signals will appear before the National Day, mentioning the previously reported EUV new technology route (ASML using LPP, while domestic use of LDP); 4) Changchuan Technology expects a year-on-year net profit growth of 131.39%-145.38%, mainly due to the growth in demand in the semiconductor industry, with ample orders and a significant increase in sales revenue.
Moer Thread concept stocks: Heertai, Lianmei Holdings, Yingqu Technology, Zhongke Lanxun, Honglida, Dazhong Public Utilities, Chuling Information, Zhejiang University Network New, Lihexing, Donghua Software, Weixing Intelligent;
Storage chip concept stocks: Demingli, Jiangbolong, Purang Co.;
Photolithography machine concept stocks: Zhangjiang Hi-Tech, Wavelength Optoelectronics, Fuzheng Technology;
Semiconductor equipment concept stocks: Changchuan Technology, Northern Huachuang, Tuojing Technology.
2. Electromagnetic Catapults: On September 22, 2025, according to state media reports, the J-15T, J-35, and KJ-600 carrier-based aircraft have completed their first catapult takeoff and landing training on the Fujian ship, marking the ship’s capability for electromagnetic catapult and recovery.
Concept stocks: Xiangdian Co., Wangzi New Materials, Western Superconducting, China Power, Guisheng Co., Julisi, Bowei Alloys, Yinbang Co., Shengye Electric, Jianghai Co., Zhenhua Technology, Hailanxin, AVIC Shenyang Aircraft Company, etc.
3. Wuhu Stargate: Foreign media reported on the “China Stargate” plan, which aims to transform a 760-acre island in Wuhu from rice fields into a series of large server farms. An executive from one of the project’s suppliers stated that the construction work in the agricultural city of Wuhu is to “create China’s Stargate.” So far, 15 companies have built data centers in Wuhu, with a total investment of 270 billion yuan (approximately 37 billion USD).
Concept stocks: Zhongdian Xindong, Laimu Co., Hengrun Co., Zhongke Shuguang, Capital Online, Chengdi Xiangjiang, Yuncong Technology, Ruantong Power, Tianyang Technology, Changxin Technology, Anheng Information.
4. Consumer Electronics: On September 20, 2025, according to a brokerage summary, overseas sources reported that OAI is recruiting hardware/design/supply chain talents from AAPL, aiming to launch the first batch of devices by the end of 2026 or early 2027; the team has fruit flavors, and familiar and recognized supply chain partners can be reused directly. Additionally, according to foreign media reports, OpenAI has reached a cooperation with Luxshare Precision to develop a new consumer device. OpenAI is considering smart glasses, recording devices, and pin-style wearable devices, planning to launch its first batch of devices by the end of 2026 or early 2027. Insiders revealed that due to the hot pre-orders for the basic version of the iPhone 17, Apple has requested at least two suppliers to increase the production of this entry-level model by at least 30%.
Concept stocks: Luxshare Precision, Changying Precision, Lens Technology, Xinwei Communication, Goer Technology, Lingyi Technology, Industrial Fulian, Dongshan Precision, Pengding Holdings, Desay Battery, Huanshu Electronics, Xinwanda, Crystal Optoelectronics, BOE A, Changdian Technology, Wentai Technology, etc.
5. Big Finance: According to Chinese media Caixin, China will issue new policy financial instruments at the end of September, with an initial scale of 500 billion yuan, divided into 250 billion for China Development Bank, 150 billion for Agricultural Bank, and 100 billion for Export-Import Bank. Unlike previous issuances, this round will focus on eight key areas such as the digital economy and artificial intelligence, with 20% specifically allocated for private enterprises.
Concept stocks: Agricultural Bank, China Merchants Bank, Ningbo Bank, Bank of Communications, CITIC Securities, Huatai Securities, GF Securities, Tonghuashun, Hengsheng Electronics, New Power Financial, Yuexiu Capital, etc.
6. Year of the Horse Zodiac Concept: A-shares have a tradition of “speculating on zodiac signs and names.” With the Year of the Horse approaching in 2026, funds are preemptively positioning for auspicious meanings associated with horses, continuing the inertia of metaphysical speculation. Some quantitative trading models capture the keyword “horse,” and high-frequency trading further amplifies volatility.
Concept stocks: Fulongma, Wanma Co., Feima International, Shenma Co., Jinma Amusement, Chuangye Heima, Tianma Technology, Zhongma Transmission, Yuma Sunshade, Wanlima, Haima Automobile, Dema Technology, Tonghua Jinma, Yema Battery, Senma Clothing, Yunzhongma, Sanyangma, Wanma Technology, Tianyima, Mayinglong, Magang Co., Dima Co., Huangma Technology, Shenma Electric, Shentianma A.
7. HarmonyOS Concept: The Shanghai HiSilicon Innovation Conference – HarmonyOS Star Flash Forum will be held on September 25, 2025. (Chuangyao Technology, Ronglian Technology)
8. Silver Economy: Chengdu aims to create more than 15 nationally influential well-known enterprises in the silver economy. (Xiangyu Medical, Yuexin Health)
9. Solid-State Batteries: Four departments are promoting the establishment of a high-safety, high-reliability battery energy storage equipment system to develop key equipment for long-life, wide-temperature range, and low-degradation lithium batteries, sodium batteries, and solid-state batteries. (Xian Dao Intelligent, Tianji Co.)
10. Nuclear Power: Four departments are conducting research and verification of new equipment and processes for advanced nuclear power technologies such as small reactors. (Heduan Intelligent, Guoguang Electric)
11. Yushu Robotics: Yushu Technology publicly released the latest training video of its humanoid robot G1, showcasing excellent stability in flips. (Shoukai Co., Jinfat Technology)
12. DeepSeek: DeepSeek online model upgrade, version number is DeepSeek-V3.1-Terminus. (Daily Interaction, Hangang Co.)
13. Global Market: The three major US stock indices continue to hit record highs, with most large tech stocks rising, Oracle up over 6%, Apple up over 4%, Nvidia up nearly 4% hitting record highs, TSMC up nearly 3% hitting record highs, while Amazon, Meta, and Broadcom fell over 1%.
2. Selected new concepts for individual stocks.
1. Chip Concept (Sunflower, Sanmei Co., Shenghong Technology, Taijing Technology, Changxin Bochuang, Changying Tong, Lianrui New Materials, Baoli International)
2. Data Center (Tengjing Technology, Rifeng Co., Shenzhen Gas, Changxin Bochuang, Shiyun Circuit)
3. Humanoid Robots (Nenghui Technology, Chen Zhan Optoelectronics, Jinzong Co., Guangdian Yuntong)
4. Energy Storage (Hangdian Co., Liansheng Technology, Weiao Co., Huayou Cobalt)
5. Concept Robot Concept (Aopute, Zhongtian Technology, Guomai Culture, Sihui Fushi)
6. Pet Economy (Huangshanghuang, Chengguang Medical, Jiankangyuan)
7. Minor Metals Concept (*st Sitong, Dawei Co.)
8. Smart Grid (Liansheng Technology, Kaiweite)
9. Millimeter Wave Radar (Guobo Electronics, Hite High-tech)
10. Artificial Intelligence (Renfu Medical, Tianyin Holdings)