Venture(US:VEMLY) 智通财经网·2025-04-30 02:05Market Overview - The A-share market experienced fluctuations with the ChiNext index leading gains, as of 9:46 AM, the Shanghai Composite Index rose by 0.08%, the Shenzhen Component increased by 0.63%, and the ChiNext index was up by 1.02% [1] - According to Caixin Securities, the policy tone from important meetings in April is both proactive and flexible, suggesting that the market may continue to consolidate before the "May Day" holiday, with a defensive strategy recommended [1] - Post-holiday, the market is expected to show a structural upward trend due to the impact of overseas tariff disturbances, domestic policy support, and the release of annual and quarterly reports from listed companies [1] Sector Performance Technology Sector - The technology sector led the market, with AI glasses concept stocks performing strongly, including Yingtong Communications hitting the daily limit [1] - The computing power sector also saw a resurgence, with Hongbo Co. achieving four consecutive daily limits, and other stocks like Dongfang Materials and Chaoxun Communications reaching the daily limit as well [2] Retail Sector - The retail sector was active, with Maoye Commercial achieving five consecutive daily limits, and other companies like Cuiwei Co. and Laisentongling hitting the daily limit [3] - In Q1, the total retail sales of consumer goods reached 12.47 trillion yuan, a year-on-year increase of 4.6%, with March growth at 5.9% [3] AI Glasses Concept - The AI glasses concept stocks surged, with Yingtong Communications hitting the daily limit and other companies like Deep Kangjia A and Weida Optoelectronics following suit [4] - Research from Wellsenn XR predicts that global smart glasses shipments will exceed 12 million units by 2025, with AI functionality penetration exceeding 60% [4] Institutional Insights Caixin Securities - Caixin Securities anticipates that the market will focus on expanding domestic demand and the AI industry trend in May, with a potential return to consumer sectors benefiting from domestic demand [5] - The report emphasizes the importance of defensive strategies in the current market environment [5] Galaxy Securities - Galaxy Securities notes a potential style switch in the market post-holiday, with a return to thematic speculation likely [6][7] - The report highlights that the market may see a shift in fund structure, with mid-cap stocks outperforming large-cap stocks [7] Everbright Securities - Everbright Securities suggests that the market is likely to remain in a state of reduced volume and observation as the holiday approaches, with some funds taking profits [8] - The report indicates that after adjustments in banking and power sectors, the market will seek new opportunities [8]