Group 1 - The market is expected to continue showing a warming risk appetite and thematic rotation, focusing on low institutional holdings and trading opportunities [2] - The overall market is currently in a narrow fluctuation range, and investors are advised to adopt a low-buy high-sell strategy within this range [3] - Domestic policies are entering an observation period, with a focus on internal demand and technology sectors as key investment themes [4] Group 2 - The appreciation of the RMB is expected to boost "Chinese assets," with AI+ becoming a significant investment theme in May [5] - Consumption and technology are both seen as growth directions, with a preference for technology investments due to their relative low position [6] - Defensive strategies are recommended, with a focus on bonds and dividend assets, as well as potential opportunities in safe-haven assets like gold and military [7] Group 3 - The consumption data during the May Day holiday showed significant recovery, driven by extended holiday time and favorable policies [10] - The market outlook for May suggests a continuation of the fluctuation pattern, with an emphasis on independent industry trends and policy expectations [10]
十大机构看后市：交易事实而非预期 以我为主、以内为主
Xin Lang Zheng Quan·2025-05-05 12:45