题材轮动或成主旋律？4月29日，今晨传来的三大重要消息持续发酵

Group 1 - The China Securities Regulatory Commission (CSRC) and stock exchanges have adjusted the May Day holiday schedule, with the A-share market closed from May 1 to May 5, totaling 5 days, and resuming trading on May 6 [1] - Concerns are raised about the potential for retail investors to be adversely affected by market conditions, particularly if IPOs return to a high frequency, which could lead to a downward trend in stock prices [1] Group 2 - The ST (Special Treatment) sector experienced a significant drop, with over 30 stocks hitting the daily limit down, indicating a potential wave of selling pressure following the designation of stocks as ST [3] - Institutions often restrict trading in ST stocks, suggesting that newly designated ST stocks may face prolonged downward pressure and continuous new lows [3] Group 3 - Trading volume decreased by 57.2 billion, with total trading at 1,056.4 billion, indicating a lack of sustained themes in the market, leading to a cautious outlook [5] - The market is expected to remain in a volatile state without a clear leading sector emerging, necessitating careful observation of which sectors may strengthen in the future [5] Group 4 - All three major A-share indices closed lower, with the Shanghai Composite Index down 0.2%, the Shenzhen Component down 0.62%, and the ChiNext down 0.65%, reflecting a stagnant market influenced by underperforming stocks [7] - Despite a generally positive outlook for 2024 earnings growth of approximately 5%, the market is currently weighed down by poor-performing stocks, although significant capital support may limit short-term declines [7]