Analysis: Will the Stock Rally Sparked by President Xi’s Symposium Endure?
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President Xi Jinping attended a high-profile symposium with private business leaders this week. Among six entrepreneurs who spoke at the event, five run companies related to high-tech manufacturing in energy or technology, while one was from the agricultural sector.
Speakers at Xi's Meeting With Private Businesses in 2025
Looking back at Xi’s report to the 20th National Congress of the Communist Party in 2022, which underscored security in agriculture, energy, and industrial chains, it becomes clear that the direction of top-level policy design has been highly consistent.
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- President Xi Jinping attended a symposium with private business leaders, highlighting continuity in policy favoring high-tech manufacturing in energy and technology, with five out of six entrepreneurs representing these sectors.
- The meeting emphasized AI and technology development amid foreign restrictions, with notable attendance from Unitree Robotics and chip companies like Will Semiconductor and Cambricon Technologies.
- Stock reactions were positive, with several listed companies experiencing gains around 5% on the symposium day, though long-term stock movement post-2018 event indicates only limited prolonged influence.
AI generated, for reference only
Who’s Who
- Unitree Robotics
- Unitree Robotics is a company involved in humanoid robot development. It was one of the companies participating in a high-profile symposium with President Xi Jinping, suggesting a focus on technologies vulnerable to foreign restrictions, like AI and manufacturing.
- Will Semiconductor Co. Ltd.
- Will Semiconductor Co. Ltd. is involved in chip development and was among the companies represented at President Xi Jinping's high-profile symposium with private business leaders. The company's participation underscores China's focus on strengthening technologies vulnerable to foreign restrictions, such as semiconductors. This emphasis aligns with national policy priorities in high-tech manufacturing and energy. During the symposium, the company's stock saw a positive trend, reflecting increased investor confidence in the government's supportive stance toward the tech sector.
- Cambricon Technologies Corp. Ltd.
- Cambricon Technologies Corp. Ltd. is involved in chip development, highlighted at a high-profile symposium attended by President Xi Jinping. Their participation underscores a focus on advancing technologies vulnerable to foreign restrictions. Notably, Cambricon's stock rose around 5% on the day of the symposium, reflecting positive market sentiment.
- Jiangsu Hengrui Pharmaceuticals Co. Ltd.
- Jiangsu Hengrui Pharmaceuticals Co. Ltd. was absent from the recent high-profile symposium with President Xi Jinping, suggesting no significant adjustment to China's current approach to health care or the direction of the pharmaceutical industry.
- New Hope Liuhe Co. Ltd.
- New Hope Liuhe Co. Ltd. is the only company from the agricultural sector that participated in a high-profile symposium with President Xi Jinping. While the event focused heavily on high-tech manufacturing and technology, New Hope represented agriculture, indicating that policymakers view sectors like consumption differently, focusing on demand-side issues and encouraging household spending over company expansion. The company's stock rose around 5% on the symposium day.
- Zhejiang Chint Electrics Co. Ltd.
- Zhejiang Chint Electrics Co. Ltd. was among the companies whose stock rose by around 5% on the day of the recent symposium attended by President Xi Jinping. This increase reflects a positive market sentiment influenced by the meeting with private business leaders.
- Qi An Xin Technology Group Inc.
- Qi An Xin Technology Group Inc. experienced a stock price increase of around 5% on the day of the symposium attended by President Xi Jinping. The company was among the more than 30 selected enterprises this year, with a focus on technology and manufacturing, especially areas susceptible to foreign restrictions like artificial intelligence and chip development.
- Guangzhou Shiyuan Electronic Technology Co. Ltd.
- Guangzhou Shiyuan Electronic Technology Co. Ltd. is among the companies whose stock rose by around 5% on the day of the recent symposium attended by President Xi Jinping with private business leaders. The event emphasized a focus on high-tech manufacturing sectors, including those related to AI and chip development. This company was part of a favorable market reaction observed among listed companies present at the meeting.
- Tongwei Co. Ltd.
- In 2018, following the high-profile symposium attended by President Xi Jinping, Tongwei Co. Ltd. experienced a relatively noticeable increase in its stock price, rising by about 1.5% one month after the event. This suggests that the company benefitted positively from the symposium's market sentiment at that time.
- Longi Green Energy Technology Co. Ltd.
- Longi Green Energy Technology Co. Ltd. experienced a noticeable stock price increase of about 1.5% one month after the 2018 high-profile symposium with President Xi Jinping, reflecting a short-term positive impact from the event. However, the upward trend did not persist over the longer term, as many companies, including Longi, saw declining share prices one year after the meeting.
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What Happened When
- 2018：
- The last symposium with similar companies and topics was held. Most of the listed companies saw their share prices increase on the day of the 2018 symposium.
- After the 2018 symposium：
- In the two weeks following the symposium, most companies showed a slight upward trend in share prices.
- One month after the 2018 symposium：
- Only a couple of companies saw a relatively noticeable increase in share prices by around 1.5%.
- One year after the 2018 symposium：
- The upward trend had faded, with half of the listed companies seeing falling share prices.
- Monday, February 17, 2025：
- A multitude of market analyses was published following the symposium.
AI generated, for reference only
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