沪指站上3400点，大金融集体走强，后续趋势几何？

Group 1 - A-share market sentiment is rising, with major indices collectively increasing, and the Shanghai Composite Index recovering above 3400 points [1] - The financial sector, particularly banking, insurance, and securities, has shown significant performance, with the insurance industry index rising over 5% and China Pacific Insurance hitting the daily limit [1] - The brokerage industry index surged nearly 4%, with all related stocks seeing gains of over 2%, including Red Tower Securities and Jinlong Co., which also reached the daily limit [1] Group 2 - The decline in military and photovoltaic sectors is noted, with companies like Blue Shield Optoelectronics and Tianjian Technology experiencing significant drops [2] - Analysts suggest that the rise in the financial sector may be linked to new public fund regulations, indicating a long-term trend towards adjusting public fund structures to invest in underrepresented sectors like banking and non-bank financials [2] - Dongguan Securities anticipates that recent policy implementations and economic stability measures will support the overall market trend, suggesting a continued recovery [2] Group 3 - UBS analysts predict a gradual recovery in A-share earnings this year, driven by low base effects and supportive policies [3] - The expectation of clearer fiscal policy support and structural reforms aimed at boosting the private economy may help reduce equity risk premiums [3] - Investors are advised to tactically increase exposure to growth stocks, particularly small-cap stocks, which may outperform large-cap stocks in a rebounding market [3]