Cathay Securities: Thematic investments in robots, commercial aerospace, AI new materials, etc. are resurging.

Mars Finance News. A research report from Guotai Junan Haitong says that thematic investing is seeing a renewed upsurge.

1. Robotics: Physical AI models are accelerating their iteration. Scenario implementation and lower costs are driving scaled mass production. The report is bullish on new technology applications, as well as core complete-manufacturing enterprises and the supply chain.
2. Commercial aerospace: The Long March 10B is expected to launch in early July. The Qianfan constellation’s networking is accelerating. With new technological breakthroughs and efforts to address weaknesses at launch sites, the report is bullish on aerospace infrastructure construction and new technologies.
3. AI new materials: Supply-demand contradictions are driving a revaluation of upstream bottleneck assets. The report is bullish on CCL, high-end MLCC, Indium phosphide, and other items with stronger price-increase certainty.
4. Xinjiang revitalization: Building a modern industrial system featuring advantages specific to Xinjiang. The report is bullish on clean energy development, port logistics, and more. (CailianShe)