Pre-market news highlights: 1. The "15th Five-Year Plan" for Accelerating Agricultural and Rural Modernization is released, bringing opportunities for AI+ agriculture.
Type: Sector sentiment
Impact: Positive
The State Council issued the "15th Five-Year Plan" for Accelerating Agricultural and Rural Modernization, which outlines major project constructions such as high-standard farmland and agricultural science and technology innovation capacity. It also proposes significant initiatives and actions including diversified food development, "Artificial Intelligence +" agriculture, upgrading the agricultural product processing industry, and improving rural living conditions. Huatai Securities believes that smart agriculture is a crucial driver for enhancing future production efficiency and is optimistic about the development of related enterprises.
2. Leading stock surges 32%! Huang Renxun reignites optical communication; Spectrum-X silicon photonics switch enters mass production.
Type: Sector sentiment
Impact: Positive
Overnight, U.S. optical communication concept stocks collectively surged, with Marvell Technology soaring over 32% and Coherent rising more than 17%. Huang Renxun recently stated that with the large-scale deployment of Agent AI, the importance of high-speed interconnection, switching chips, and optical communication is rapidly increasing. This is the core business of Marvell Technology, which could become the "next trillion-dollar company." Simultaneously, NVIDIA announced that its NVIDIA Spectrum-X Ethernet silicon photonics technology is now in full mass production.
3. NDRC: Promote optimization and structural adjustment of the state-owned economy to stimulate the internal dynamism and vitality of state-owned enterprises.
Type: Macro sentiment
Impact: Positive
On June 2, Zheng Shanjie, Director of the National Development and Reform Commission, chaired a symposium for state-owned enterprises. Zheng Shanjie emphasized the need to adhere to goal-oriented and problem-oriented approaches, promote the optimization and structural adjustment of the state-owned economy, enhance the functions of state-owned enterprises in technological innovation, industrial control, and safety support, and stimulate their internal dynamism and vitality. He also stressed the importance of earnestly implementing the "dual carbon" strategy, promoting green and low-carbon development, facilitating the clean and efficient use of coal, and effectively ensuring energy security.
4. In May this year, 2.7653 million new A-share accounts were opened, a year-on-year increase of 77.76%.
Type: Market sentiment
Impact: Positive
Data from the Shanghai Stock Exchange shows that in May 2026, 2.7653 million new A-share accounts were opened, an 11.00% increase month-on-month and a 77.76% increase compared to May 2025's 1.5556 million accounts. Cumulatively, 17.2968 million new accounts have been opened in 2026, a year-on-year increase of 57.94%. Market analysis indicates that the number of new accounts in May remains at a historically high level, with investors continuing to enter the market at a steady pace. The consecutive month-on-month growth and year-on-year increase suggest that this is not just a "slow warm-up" but rather an acceleration of incremental funds flowing into the A-share market.
Investment Calendar
The 19th SNEC Shanghai Photovoltaic Exhibition
Investment Nugget
In most cases, it is far easier to make money by exploiting and catering to human weaknesses than by helping people avoid them. - [U.S.] Richard Thaler
Institutional Views
1. Oriental Securities: The technology sector is leading the market's strength, with stock indices still showing a pattern of fluctuating upward. The Shanghai Composite Index is expected to recover lost ground.
2. Everbright Securities: The market still has room for upward movement, with high-growth sectors remaining the core of allocation. The export chain and other directions are worthy of close attention.
3. Founder Securities: Currently, the major market indices are in a phase of weak recovery. In terms of allocation, focus should be placed on new quality productive forces and pro-cyclical directions.
Positive and Negative Outlook
1. AI ignites storage demand! SK Hynix: Plans to double wafer production capacity over the next five years.
Type: Market buzz
Guotai Haitong: Against the backdrop of rising AI storage demand, original equipment manufacturers' capacity allocation, and downstream customers actively securing long-term supply agreements, the core trading logic of the storage sector will shift from speculation on price increase/decrease expectations to repricing based on profit certainty.
2. Unitree Technology swiftly files for IPO registration; partners with NVIDIA H2 Plus humanoid robot to launch in the second half of the year.
Type: Market buzz
Kaiyuan Securities: In 2025, the humanoid robot industry completed the leap from "0 to 1" to "1 to 10." Looking ahead to 2026, the industry will break through the critical inflection point of "1 to 10" and move towards "10 to 100" scale, with the core focus shifting to mass production and commercialization acceleration.
3. The world's first new type of optical cable line officially opens! China achieves a significant breakthrough in optical communication technology.
Type: Institutional hot commentary
Kaiyuan Securities: Driven by the triple resonance of accelerating commercial closure on the computing power application side, sustained upward revision of capital expenditure on the computing power infrastructure side, and continuous quality improvement in CPO development on the computing power interconnection side, the importance of optical interconnection has significantly increased. High attention should be paid to companies in the industrial chain.
Announcement Express
Positive-leaning Announcements
1. Tcl Technology Group Corporation: Plans to repurchase 1.1 to 1.2 billion yuan worth of company shares.
2. Soochow Securities Company Limited.: Plans to acquire 83.68% of Donghai Securities shares for a transaction value of 11.519 billion yuan.
3. Csg Smart Science&Technology Co.,Ltd.: Signed a $130 million equipment procurement framework contract with Huaxi Energy.
Negative-leaning Announcements
1. *ST Jieneng: The China Securities Regulatory Commission decided to file a case against the company due to suspected violations of information disclosure regulations.
2. Biwin Storage Technology Co.,Ltd.: Shareholders collectively reduced their holdings by 1% of the company's shares between May 18 and May 29.
3. Bona Film Group Co.,Ltd.: Shareholder CITIC Securities Investment and its concerted parties plan to collectively reduce their holdings by no more than 3% of the shares.
Overseas Markets
On Tuesday Eastern Time, the three major U.S. stock indices closed slightly higher, with the Dow up 0.45% and the Nasdaq up 0.03%. The optical communication sector led the gains, with Marvell Technology surging over 32%, marking its best single-day performance since 2000. The Nasdaq Golden Dragon China Index closed up 1.83%, with Meituan rising over 6% and Alibaba up over 4%.
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