article

**Media Sector Gains Momentum, Huaren Group Hits 5 Out of 6 Trading Days with Limit Up**

The media sector showed strength with fluctuations in the morning, with Huaren Group achieving a limit up on 5 out of 6 trading days by midday. Rongshen Culture, Zhejiang Press & Media, and Longban Media were among the stocks that hit the daily limit up, while Xuanya International and Duke Culture saw significant gains.

According to recent news from the National Radio and Television Administration, the Guangdong Radio and Television Bureau is promoting the high-quality development of online micro-dramas. First, they have strengthened research and exchanges by conducting surveys on key points in the micro-drama industry chain, visiting enterprises and institutions in Beijing, Shanghai, Zhejiang, Hunan, and other places, and organizing a high-quality development symposium for the Guangdong online micro-drama industry. Second, they have optimized the administrative approval process, organizing three planning and record reviews per month and reducing the review time for completed works to within 15 working days. They have expanded the pool of micro-drama review experts to provide guidance at various stages from project initiation to scriptwriting, shooting, and submission for review. Third, they have improved the reward and support mechanisms by relying on the Guangdong Province's special fund for the support of literary and artistic works (talents) to financially support outstanding micro-drama works. They have added micro-drama awards to the Guangdong Radio and Television Awards selection activities and increased the number of micro-dramas included in the Guangdong original online audio-visual fine works project library. They have established a special selection project for "Traveling in Guangdong with Micro-Dramas" and are promoting localities within Guangdong Province to formulate and introduce support policies for micro-dramas, with Guangzhou and Shenzhen already including high-quality micro-dramas in their support scope. Fourth, they are building a shooting service base, promoting the construction of a micro-drama shooting base (park) in Conghua District, Guangzhou, to provide services in copyright trading, script creation, performers, shooting locations, post-production, promotion, and resource coordination. Fifth, they are strengthening talent training by deepening exchanges with vocational institutions such as Huizhou University, focusing on each link in the micro-drama industry chain to build a talent training mechanism. They are implementing a talent training plan for micro-drama scriptwriters and planning to create a "Scriptwriter Town."

**Apple AI Officially Launched, Related Concept Stocks Continue to Rise**

Apple concept stocks continued to rise during the trading session. By midday, stocks such as Zhixin Precision, Jimei Tech, and Yingtong Communication hit the daily limit up, while Zhongshi Technology, Haineng Industry, and Crystal Optoelectronics saw significant increases.

On Tuesday, local time, Apple's stock price rose by 7.26% to $207.15, with a market value reaching a high of $3.18 trillion, second only to Microsoft's market value of $3.22 trillion. Apple's 2024 Worldwide Developers Conference (WWDC24) kicked off on the 10th, local time. In the keynote speech, Apple announced the new generation of operating systems for its major product lines.

Advertisement

Apple revealed its AI strategy, integrating its new "Apple Intelligence" technology into a range of applications, including Siri, and collaborating with OpenAI to introduce ChatGPT to devices like the iPhone. Apple is also advancing the integration of large model products from other companies, a move that is expected to boost future sales of iPhones, iPads, and Mac computers.

In response, CICC pointed out that Apple Intelligence supports upgrades for iPhone 15 Pro series and above, which is expected to significantly increase the demand for device upgrades and drive an upward revision in Apple's sales. The AI user experience is expected to further drive device upgrades, with domestic Apple supply chains likely to benefit significantly.

**May CPI Rises by 0.3% Year-on-Year**

Data from the National Bureau of Statistics shows that in May 2024, the national consumer price index increased by 0.3% year-on-year. Specifically, urban areas saw a 0.3% increase, while rural areas experienced a 0.4% increase; food prices fell by 2.0%, non-food prices rose by 0.8%; consumer goods prices remained unchanged, and service prices increased by 0.8%. On average, from January to May, the national consumer price index was 0.1% higher than the same period last year.**May PPI Decreased by 1.4% Year-on-Year, Narrowing by 1.1 Percentage Points from the Previous Month**

Data from the National Bureau of Statistics shows that in May 2024, the national industrial producer出厂 price index (PPI) decreased by 1.4% year-on-year, narrowing by 1.1 percentage points from the previous month, and increased by 0.2% month-on-month, compared to a decrease of 0.2% in the previous month. The industrial producer purchase price index decreased by 1.7% year-on-year, and increased by 0.3% month-on-month. From January to May, on average, the industrial producer出厂 price index decreased by 2.4% compared to the same period last year, and the industrial producer purchase price index decreased by 3.0%.

**Pork Prices Rose by 4.6% in May, Contributing to a 0.05 Percentage Point Increase in CPI**

Statistics from the National Bureau of Statistics indicate that in May, the price of food, alcohol, and tobacco decreased by 1.0% year-on-year, contributing to a decrease of approximately 0.28 percentage points in the Consumer Price Index (CPI). Among food items, egg prices fell by 7.4%, contributing to a decrease of about 0.05 percentage points in the CPI; fresh fruit prices fell by 6.7%, contributing to a decrease of about 0.15 percentage points in the CPI; livestock meat prices fell by 2.2%, contributing to a decrease of about 0.07 percentage points in the CPI, of which pork prices rose by 4.6%, contributing to an increase of about 0.05 percentage points in the CPI; fresh vegetable prices rose by 2.3%, contributing to an increase of about 0.05 percentage points in the CPI; grain prices rose by 0.5%, contributing to an increase of about 0.01 percentage points in the CPI.

**Shanghai Municipal Science and Technology Commission: Focusing on Integrated Circuits, Intelligent Technology, and Other Fields for Breakthroughs in New Technologies**

The Shanghai Municipal Science and Technology Commission recently issued the "Interim Measures for the Management of Disruptive Technology Innovation Projects in Shanghai," which proposes breakthroughs in key technologies. Focusing on fields such as integrated circuits, intelligent technology, life and health, energy and low carbon, high-end equipment, advanced manufacturing, and marine science and technology, it aims to discover, select, and cultivate various disruptive technologies in an open and regular manner, to break through new technologies at key points, seize opportunities, and create new chances for solving "bottleneck" problems. Cultivating frontier technologies, focusing on fields such as micro-nano photonics and sensing, gene and cell regulation, bio-synthetic materials, high-end medical devices, advanced robotics, metaverse, blockchain, and autonomous driving, it aims to discover and systematically layout full industry chain technologies in an open manner, to create new technology routes, open new tracks, and achieve leadership and guidance. Exploring future technologies, focusing on fields such as cross-scale life analysis, brain science, humanoid and bionic systems, organ medicine, bio-manufacturing, quantum computing and communication, and future energy technology, it aims to discover and systematically layout diverse technologies in an open manner, to create a new group of technologies, and to take the initiative in innovation.