Internationally:
1. Morgan Stanley: CATL's new generation of battery products is "disruptive".
2. Mitsubishi UFJ: The US-Iran conflict appears to have entered a long-term stalemate.
3. ANZ: The Bank of Japan is expected to continue strengthening its tightening policy, but will not adjust interest rates.
Domestically:
1. CICC: Warsh's statements have shown a tendency towards interest rate cuts.
2. Zhongtai Securities: The medium-term upward trend for gold remains unchanged.
3. CITIC Securities: Believes Trump will drop the investigation into Powell.
4. CITIC Securities: The Hormuz disturbance is not over, and the upward logic for oil shipping continues.
5. CITIC Securities: Expects sodium batteries to enter a period of grid parity and large-scale production in 2027, and the expected price increase of lithium carbonate will accelerate.
6. Huatai Securities: Optimistic about the development opportunities of upstream core materials for optical modules.
7. CITIC Securities: Recommends active allocation and layout under new catalysts in the automotive sector.
8. CITIC Securities: The directive for the low-altitude economy to "get ready to go" has been clearly issued; a trillion-dollar blue ocean market is about to launch.
9. CITIC Securities: Humanoid robots are about to be mass-produced; motor winding equipment is developing rapidly.
