Market installment moment, listen to Dongwu Securities' Wang Zijing share behind closed doors the opportunities and risks of the booming commercial aerospace industry

At the beginning of 2026, global markets are experiencing significant divergence:

• In the stock market, A-shares have shown a strong 18-day rally, firmly surpassing the 4100-point mark, with trading volume reaching a historical high, approaching 40 trillion. The technology and pro-cyclical sectors have become the main focus of capital, while U.S. stocks have slightly corrected from high levels, with the market awaiting the results of the January Federal Reserve meeting.
• In the bond market, the China bond market exhibits a bull flattening characteristic with a downward shift in the yield curve, while U.S. Treasuries show a bear steepening trend with rising yields, as the market becomes cautious about the pace of interest rate cuts by the Federal Reserve.
• The commodity market is experiencing a stark contrast, with precious metals and non-ferrous metals soaring, while energy, chemicals, and black metals are underperforming due to supply-demand imbalances.

Regarding global major asset classes and hot industries, the most pressing questions for everyone in the first quarter of 2026 are:

• Can we still enter the A-share bull market? Which asset classes are worth paying attention to? How to choose between Hong Kong stocks and A-shares?
• Can the U.S. stock market continue the tech AI bull market frenzy in 2026?
• What new information will the January Federal Reserve meeting convey? How to anticipate the U.S. inflation situation and the pace of interest rate cuts?
• In the 14th Five-Year Plan, which strategic emerging industries are worth focusing on?
• What new products and developments in the tech industry will be showcased at the CES in Las Vegas and NVIDIA's GTC conference?
• What are the opportunities and risks behind the booming commercial space industry?
• Can anti-involution policies drive sustained increases in commodity prices?
• ......

To help everyone gain clarity on the rotation and directional changes of major asset classes and hot industries in the first quarter of 2026, we plan to invite several heavyweight guests to speak at the Alpha online closed-door private meeting—Chief Economist Xu Xiaoqing from Dunhe Asset Management, Chief Strategy Analyst Liu Chenming from GF Securities, renowned economist and author of "Witnessing the Countercurrent" Fu Peng, former Head of Macro Trading for Greater China at Goldman Sachs Yuan Jun, founder of GSB Award Fund and former Managing Director at Deutsche Bank Guo Shengbei, Chief Analyst in Computer Research at Dongxing Securities Wang Zijing, and Senior Semiconductor Industry Expert from Taiwan Luo Siyuan, among others, to share their latest insights on asset trends and rotations, geopolitical situation tracking and analysis, and industry hot spots.

On January 22nd at 19:00, the Alpha online closed-door private meeting led by Wang Zijing, Assistant Director of the Dongxing Securities Research Institute and Chief Analyst in the Computer Industry, will discuss: the opportunities and risks behind the booming commercial space industry.

Wang Zijing graduated from Peking University and has many years of research experience in the computer industry. Since 2022, he has closely followed the explosive growth of ChatGPT and the new round of AI technology revolution, uncovering a series of forward-looking investment opportunities in the AI field. In September 2025, Wang Zijing launched a master class titled "Mining the Sino-U.S. AI Technology Industry" on Wall Street Insights, dedicating an entire day to sorting out investment opportunities in domestic computing power, low-altitude economy, data elements, embodied intelligence, and recently updated the content on commercial space, receiving widespread praise from users This sharing also specially arranged a 30-minute Q&A interactive session, where participating members can get answers to their most concerned topics from Teacher Wang Zijing. Friends interested in Teacher Wang Zijing's closed-door sharing event can click to register to join the Alpha online closed-door private sharing meeting membership and listen to his latest insights on the market.

The Alpha online closed-door private sharing meeting is a closed-door meeting service provided by Wallstreetcn for high-net-worth users. Throughout 2026, at least 36 Alpha online closed-door private sharing meetings will be held, averaging 9 sessions each quarter. We will invite global top experts to conduct online closed-door sharing on market hotspots and core issues of concern, answering questions for users to help them see the trends in asset changes and assist in key personal decisions.

The big names who served as keynote speakers at our Alpha online closed-door private sharing meetings in 2025 also include:

Xu Xiaoqing Chief Economist of Dunhe Asset Management, a private equity firm with a hundred billion yuan, and a four-time winner of the New Fortune Best Analyst in Fixed Income Research.

Fu Peng Renowned macroeconomist, senior global FICC trader, and author of "Witnessing the Countercurrent."

Liu Chenming Chief Strategy Analyst at Guangfa Securities, who has been awarded the New Fortune Best Strategy Analyst for three consecutive years.

Wu Ge Chief Economist at Changjiang Securities, winner of the highest award in Chinese economics, the "Sun Yefang Economic Science Award."

Wang Kaiwen Chief Strategist and Head of Research at Clocktower Group, graduated from the Johns Hopkins University School of Advanced International Studies, and previously worked at the International Monetary Fund.

Cao Jingnan Head of Macro Research at Dongfang Securities Research Institute and Chief Analyst for Strategic and Geopolitical Research.

Mou Yiling Executive Deputy Director and Chief Strategy Officer at Guojin Securities.

Zhang Yu Deputy Director and Chief Macro Analyst at Huachuang Securities Research Institute.

Zhang Jingjing Chief Macro Analyst at China Merchants Securities.

Xia Chun Chief Economist at Shangshan Capital Group.

Cheng Tan Founder and Research Director of Tantu Macro GMF Research, former Senior Economist at the Central Foreign Exchange Business Center of the State Administration of Foreign Exchange, and Vice President of the Asset Allocation Department.

Hu Gang Founder and CIO of Winshore Capital, former Vice President of PIMCO, the world's largest bond fund.

She Jianyue Assistant General Manager at Yide Futures, senior crude oil analyst, and former Chief Economist of the Crude Oil Department at CNOOC.

Li Lujing Deputy Director of the Research Institute at Founder Securities and Chief Analyst for Machinery and Military Industry.

Liu Weilin Fund Manager of ICBC Credit Suisse's India Fund and Deputy Director of the Index and Quantitative Investment Department.

Ma Xiaolin Dean of the Mediterranean Studies Institute at Zhejiang International Studies University, who has served as a Xinhua News Agency correspondent in the Middle East for many years In 2026, we will invite more top experts from various fields to bring more exciting closed-door sharing sessions. We welcome you to join the 2026 Alpha online closed-door private sharing session membership, participating in 36 sessions of the Alpha online closed-door private sharing meetings. Each closed-door meeting will also compile detailed meeting content for users to review and reference. Interested friends can click the image below to join the Alpha online closed-door private sharing session membership.

Risk Warning and Disclaimer

The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at your own risk.