**China Securities Journal** 1. **Domestic GPU IPO Frenzy: Top Funds Secure Over ¥100M Each** Following Moore Threads, the first domestic GPU listing, Muxi Co. has become the second GPU firm to debut on the A-share market, with strong investor demand. Recent data shows major mutual and private funds secured allocations exceeding ¥200M.
2. **Mid-Year Dividends Expand Among Listed Banks, Boosting "Asset Magnetism"** Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China (ABC) announced mid-year A-share dividends totaling ¥50.4B and ¥41.8B, respectively, with over ¥30B in cash dividends each. By December 9, 26 A-share banks disclosed mid-year/quarterly dividend plans exceeding ¥260B collectively, underscoring stable operations and shareholder returns.
3. **AI Glasses Market Heats Up with 9.81% Sector Index Surge** Tech giants and startups are accelerating AI glasses commercialization. The Wind AI Glasses Theme Index rose 9.81% since November 24, with gains in 10 of 12 trading days.
4. **Robot Firms Flock to Hong Kong IPOs Amid Mixed Performance** Companies like Sanhua Intelligent Controls and Geek+ have listed in Hong Kong, though many applicants report weak earnings and intense competition. Analysts note that only firms with strong patents, margins, and cash flow will thrive post-IPO.
**Shanghai Securities News** 5. **200+ Firms Report Robust Orders, Some Booked Through 2029** Machinery, electronics, and power equipment sectors lead in order visibility, per recent disclosures.
6. **Lithium Battery Sector Enters New Era with "Long-Term Agreements"** Midstream material firms have secured orders worth up to ¥45B, signaling deeper, more market-driven supply chain partnerships post-price volatility.
7. **Energy Storage: 2026 Shipments to Grow 40%** GGII projects 80%+ global and China energy storage battery shipment growth in 2025, with firms like BYD and CALB doubling output.
8. **NEV Tax Policy Shift Spurs Year-End Sales Surge** From 2026, NEV purchase tax exemptions will halve to ¥15K, driving a pre-adjustment demand spike. Dealers report rising foot traffic and orders.
**Securities Times** 9. **AI Agent Market Booms: 8 Stocks See Heavy Institutional Buying** AI agents transition from labs to industries, backed by tech breakthroughs and funding.
10. **Google’s Dual-Category AI Glasses Target 2026 Launch** Google unveiled plans for display and audio-focused AI glasses, partnering with Samsung and others.
11. **Food & Beverage Tops Institutional Ratings** As of December 9, BYD and Shanxi Xinghuacun Fen Wine led with 5 "buy" ratings each.
12. **HKEX Launches Tech 100 Index** The new index tracks 100 eligible tech stocks across AI, biotech, EVs, and robotics, enhancing investment options.
**Securities Daily** 13. **Housing Provident Fund Policies Eased Nationwide** Changsha reduced home-count rules for multi-child families applying for loans, easing housing costs.
14. **First Commercial Health Insurance Innovation Drug List Released** Effective January 2026, the list aims to boost insurance appeal alongside the national医保目录 update.
15. **E-Commerce Logistics Index Holds Steady in November** The index remained at 113.1, though regional business volumes dipped slightly.
16. **Big Four State Banks to Distribute Mid-Year Dividends in December** Six major banks plan over ¥200B in mid-year payouts, maintaining 30% net profit ratios.