Zhang Yusheng, chief strategy analyst at the Everbright Securities Research Institute, believes that considering the positive shift in policy, the market is likely to reach a mid-term inflection point, but after a rapid rise, the market may be dominated by shocks in the short term. Focus on industries that are expected to reverse, such as procyclics, and flexible varieties, such as TMT. Zhang Yusheng said that compared to the previous large-scale market, the initial performance was a rapid rise in the index and a rapid expansion of transactions, but it is difficult to see the possibility that the index will rise sharply again thereafter. At the same time, differences between structures and industries will gradually become prominent, and market opportunities will gradually shift from beta to α, segmented industries and individual stock opportunities.

Zhang Yusheng, chief strategy analyst at the Everbright Securities Research Institute, believes that considering the positive shift in policy, the market is likely to reach a mid-term inflection point, but after a rapid rise, the market may be dominated by shocks in the short term. Focus on industries that are expected to reverse, such as procyclics, and flexible varieties, such as TMT. Zhang Yusheng said that compared to the previous large-scale market, the initial performance was a rapid rise in the index and a rapid expansion of transactions, but it is difficult to see the possibility that the index will rise sharply again thereafter. At the same time, differences between structures and industries will gradually become prominent, and market opportunities will gradually shift from beta to α, segmented industries and individual stock opportunities.