秦洪看盘｜窄幅震荡中显露新热点方向

Core Viewpoint - The A-share market is experiencing a narrow range of fluctuations with a focus on low-volatility dividend stocks, military stocks, and chemical stocks, while the previously strong AI and humanoid robot sectors are undergoing adjustments, leading to relative weakness in technology indices like the Sci-Tech 50 [3][4] Group 1: Market Dynamics - The recent adjustments in the AI and humanoid robot sectors are influenced by significant refinancing announcements from leading companies in Hong Kong, causing a decline in their stock prices and prompting momentum funds to reduce their holdings in tech stocks [4][5] - Concerns about a potential bubble in data centers and lower-than-expected investment in computing power by major internet companies have led momentum funds to reassess the investment value and growth prospects of certain sub-sectors within AI [5][6] Group 2: Investment Sentiment - Despite the pressure on the sci-tech sector, the overall sentiment in the A-share market remains relatively optimistic, supported by the central bank's focus on maintaining capital market stability and encouraging long-term capital to increase positions during market dips [6][7] - Long-term capital, particularly insurance funds, is favoring low-volatility dividend stocks, including leading companies in energy and banking, which are also significant components of the A-share index [7][8] Group 3: Sector Performance - The military and non-ferrous metal sectors are showing upward trends, with chemical stocks experiencing a broad recovery, indicating a stronger signal of industrial recovery in China [7]