Today, the "Domestic Large Model Duopoly" Erupts! "Yi Zhongtian" Surges

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Today, A-shares rebounded. At the close, the Shanghai Composite Index rose 0.32%, the Shenzhen Component Index increased 1.05%, the ChiNext Index gained 2.02%, and the STAR Market Index went up 1.77%.

Technology stocks rebounded across the board today, led by the semiconductor and computing power sectors. Notably, storage chips and optical modules surged, with leading stocks like Yizhong Tian, Zhongji Xuchuang, Xin Yisheng, Tanfeng Communications, Buwei Storage, and Jiangbolong soaring.

In Hong Kong stocks, the “Domestic Large Model Duo” Zhipu and MINIMAX-W both surged significantly today, hitting record highs during trading. On March 18, MiniMax released its new generation flagship agent model M2.7, showcasing the “self-evolving model” approach for the first time.

On March 18, Alibaba Cloud announced that due to the global AI demand surge and supply chain price increases, prices for Alibaba Cloud AI computing power, storage, and other products have risen by up to 34%. Among them, “Pingtouge” Zhenwu 810E and other computing cards increased by 5% to 34%, and the file storage product CPFS (Intelligent Computing Edition) rose by 30%.

Industry insiders say that prior to this, cloud providers like AWS, Google Cloud, and Tencent Cloud have successively raised prices, breaking the long-standing industry practice of “only price cuts.” The global cloud service price hike cycle has now been officially confirmed.

The commercial aerospace sector rebounded, with stocks like Xice Testing and Guanglian Aviation surging.

On the news front, Xice Testing recently announced that its board approved signing investment agreements with Xi’an Triangle Defense Co., Ltd., Xi’an Ruitou Energy Technology Co., Ltd., and Shaanxi Aerospace Power Research Institute Co., Ltd., to jointly establish a joint venture, Western Aerospace Technology (Shaanxi) Co., Ltd. The joint venture will focus on satellite design and manufacturing, rocket R&D, manufacturing, testing, and launching, as well as satellite tracking, control, and data applications. The registered capital is 500 million yuan (tentative), with the company contributing 140 million yuan, accounting for 28% of the registered capital.

Aijian Securities stated that global commercial aerospace is transitioning from the technology validation stage to large-scale industrialization. On one hand, the expected IPO of SpaceX continues to heat up, potentially establishing valuation benchmarks for the commercial aerospace sector and clarifying the capital market’s long-term growth expectations for aerospace infrastructure. On the other hand, as reusable rocket technology matures and low Earth orbit satellite constellations like Starlink enter large-scale deployment, demand for rocket launches and satellite manufacturing is accelerating. Upstream high-end materials and core components are expected to benefit first, with industry chain prosperity continuing to improve.