侃股：大盘股活跃度高于中小盘股是未来趋势

Group 1 - The core viewpoint is that the A-share market is experiencing a structural performance divergence, with large-cap stocks outperforming small-cap stocks, leading to a situation where some investors feel they are only earning index gains without actual profits [1][2] - Large-cap stocks are recognized for their investment value in mature markets, and this trend is expected to continue in the A-share market as investors increasingly focus on the fundamental value and long-term potential of these companies [2] - The performance of large-cap stocks is characterized by stability and strong growth, while small-cap stocks exhibit more volatility and underperform relative to the index, resulting in a clear distinction in price movements between the two categories [1][2] Group 2 - The increasing maturity of the A-share market is leading to a deeper exploration of the value of large-cap stocks, which are becoming a significant choice for asset allocation due to their stable cash flows and strong brand reputation [2] - Institutional investors are growing in number and are more focused on the intrinsic value and long-term development potential of companies, making large-cap stocks more appealing due to their stability and ability to meet investment needs [2] - The higher activity level of large-cap stocks compared to small-cap stocks signals a shift towards a more mature and rational market, indicating that investors should seize long-term investment opportunities in large-cap stocks [2]