【机构策略】预计A股市场有望延续震荡向上的走势

Group 1 - The A-share market is currently experiencing a rapid rotation phase, with increased volatility expected due to the upcoming half-year report disclosures and uncertainties surrounding US tariff negotiations [1] - Market sentiment is generally improving, supported by various policies, which may lead to a new stable state for the market [1] - The funding environment for A-shares is expected to remain stable and positive in the long term, with valuations still relatively low compared to mature overseas markets, indicating a higher investment cost-performance ratio [1] Group 2 - The A-share market has shown a strong oscillating trend recently, but trading volume has decreased, raising concerns about the sustainability of the rebound [2] - The market is approaching the upper limit of the oscillation range since the "9.24" market, and without clear turning points in economic fundamentals, liquidity, or policy, the index may remain in a volatile range in the short term [2] - The upcoming half-year report season is expected to reveal varying performance among sectors, with some lacking earnings support potentially facing downward pressure [1][2]