蚂蚁集团：起步于2004 年成立的支付宝，多年来在互联网金融领域不断深耕布局，从支付工具起步，逐步构建全数字金融服务体系。

投资建议： 1.经营稳健、现金流充裕、同时销售有一定增长潜力的龙头房企，如金地集团、保利地产、万科A；2.弹性较大、经营持续提升的成长型房企，如中南建设、金科股份、阳光城；3.现金流优秀、运营能力逐渐得到市场认同从而估值提升的商业地产：华润置地、新城控股、龙湖集团；4.推荐关注经纪服务赛道龙头：贝壳、我爱我家、世联行。

智能硬件创新方向建议关注制造线设备企业、射频领域先进封装龙头环旭电子、柔性电路板企业东山精密；商用车智能化赛道关注鸿泉物联；另外关注存储芯片国产化标的国科微。

投资建议：随着二季度国内复工复产顺利，电力设备新能源各子板块在季度受疫情小幅影响情况下，二季度纷纷回暖，其中电动车与光伏板块双双呈现疫情边际影响减弱，产业链回归上升通道的趋势，而电力设备与工控板块也在疫情之后景气度持续提升，我们认为电新板块将迎来“潮平两岸阔”的上升趋势。我们仍重点推荐电动车和光伏板块。

根据2020 年半年报，电力设备与新能源行业业绩平稳增长，各子行业分化趋势明显，其中风电、光伏、一次设备板块2020 年上半年业绩表现较好；维持行业强于大市的评级。

投资建议：1）积极关注各细分领域龙头。龙头企业具有较强的抗风险能力和逆势扩张的能力，在行业调整期的业绩表现多超出行业平均水平，行业复苏后其增速也更快。强烈推荐国内动力电池龙头宁德时代和正极材料龙头当升科技，推荐负极材料龙头璞泰来、电解液龙头新宙邦，关注隔膜龙头恩捷股份；2）积极拓展海外客户或在海外建厂的企业具有更大的成长空间。欧洲市场接力中国成为全球新能源汽车新的增长动力；拓展海外客户或实施“出海”计划有利于扩大企业的收入来源，同时提升抗风险能力。强烈推荐宁德时代，推荐新宙邦，关注星源材质；3）业务多元化的企业具备更强的抗风险能力。强烈推荐鹏辉能源，推荐璞泰来、新宙邦。

Chemicals or substances that are added to the asphalt in order to alter the final outcome of concrete are known as asphalt additives. Benefits of these additives include reduction in stripping, life cycle costs, cracking, raveling, permanent deformation and pavement thickness. Different types of these additives include PAC, multi grade asphalt cement, polyester modifier and novophalt. They are generally used in sidewalks, road surfaces, parking lots and airports The report on asphalt additives focuses on various trends associated with growth factors of the asphalt additives market. Moreover, it provides information on various types of asphalt additives such polymerized asphalt cement, novophalt, multigrade asphalt cement, polyester modifier and others, and focuses on their market potential. In addition, the report includes analysis of applications, which include road construction, road paving, airport runway, parking lots, roofing and others. Furthermore, the report analyzes the various drivers, restraints, and opportunities in the asphalt additives market, which further increase consumer acceptance across various regions. In addition, the volume and revenue of the market is provided in the report in terms of kilotons and $million.

Anti-corrosion coating slows down or prevents the electrochemical reactions that adversely enhance the look of the metals’ structural integrity and change their corrosion-induced appearance. This anti-corrosion coating property makes them applicable across diverse end-user industries such as marine, oil & gas, industrial, construction, energy (power plants, solar, wind turbines), automotive, and others. In addition, the report includes a detailed description of the different technologies used to produce anti-corrosion coating. Solvent borne, water-borne, powder anti-corrosion coating, and high-energy cure coatings are widely used technologies. The report on anti-corrosion coating exclusively focuses on current market trends and future growth opportunities of various types of anti-corrosion coating such as epoxy, polyurethane, acrylic, alkyd, zinc, chlorinated rubber, and others. Based on end-use industry, the market is divided into marine, oil & gas, industrial, construction, energy, automotive, and others. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

Growing technological advancements and innovation has evolved the automobile industry since its origin in the nineteenth century. Since the past two centuries, the automotive industry has shaped the world’s economy and the lifestyle of billions of people. The convergence of various emerging technologies in the industries within the automotive ecosystem, such as driverless vehicles, advanced vehicle sensors, and connected vehicle technologies, among others are various factors changing the paradigm of the automotive industry. Though still in its initial stages, self-driving technology is becoming increasingly common and could drastically change the landscape of our transportation system. Numerous self-driving technologies have been developed by key players in the industry, such as Google, Uber, Tesla, and Nissan, among others. While design details may vary, most self-driving systems create and maintain an internal map of their surroundings, depending on a wide array of sensors, such as radar, cameras, LiDARs, and ultrasonic sensors. The self-driving prototypes developed by Uber use sixty-four laser beams, along with other sensors, to design their internal map. The prototypes created by Google are at various stages, and are using lasers, radar, high-powered cameras, and sonar. Various software providers are integrating with autonomous car developers to deliver software platforms and solutions to processes inputs, plot paths, and deliver instructions to the vehicle’s actuators, which control acceleration, braking, and steering. Several features are being integrated into the system, including hard-coded rules, predictive modeling, smart object discrimination, and obstacle avoidance algorithms that aid the software follow traffic rules and navigate obstacles.

With 5G networks soon to be rolled out, smartphone OEMs telecom players are rapidly gearing towards the shift. Telecom service providers across the globe are upgrading to 5G networks, which rely on denser arrays of small antennas to offer ultra-high data speeds. At the same time, smart phone manufacturers are working towards equipping handsets with built-in 5G radios, to exploit complete potential of 5G networks. Such efforts are increasing the demand for 5G modem chipsets, which are considered to be the keys that allow devices to support 5G technologies. These 5G modem chipsets, in combination with service providers, largely serve and enhance the capabilities of three major applications: enhanced mobile broadband, ultra-reliable and low latency communications, and massive machine type communications. 5G technology is not yet commercialized, and some countries still face several regulatory constraints. A few pilot countries, however, such as the United States, Japan, South Korea, and China, have reportedly started licensing mmWave spectrums for research and testing purposes.