强势反包！下周，稳了

Core Viewpoint - The A-share market experienced a strong rebound on September 5, with the ChiNext Index surging 6.55%, indicating a shift in market sentiment from panic to optimism, particularly in the new energy sector and technology growth stocks [1][2]. Market Performance - The Shanghai Composite Index rose 1.24% to close at 3812.51 points, while the Shenzhen Component Index increased by 3.89% [2]. - The ChiNext Index, driven by new energy stocks, saw a significant rise of 6.55%, marking its largest single-day gain since January 2022 [2]. - The total number of rising stocks reached 4857, with 108 stocks hitting the daily limit up, reflecting widespread profit-making opportunities [2]. - In the Hong Kong market, the Hang Seng Index rose 1.43% to 25417.98 points, with the Hang Seng Technology Index increasing by 1.95% [2]. Industry Hotspots and Driving Logic - The new energy sector saw a surge, with the power battery index skyrocketing by 9.64%, driven by strong production expansion expectations and breakthroughs in solid-state battery technology [3]. - The photovoltaic inverter index rose by 8.31%, supported by policies aimed at reducing industry competition and restoring valuations [3]. - The wind power equipment sector also experienced gains, buoyed by improved industry conditions and profit margins [3]. - In the Hong Kong market, the solar energy index surged by 8.35%, driven by ongoing policy support for the new energy sector [3]. Underperforming Sectors and Driving Logic - Defensive sectors in the A-share market saw capital outflows, with the banking sector declining by 0.99% as funds shifted towards growth sectors [4]. - The consumer sector showed mixed performance, with the liquor index down 1.57% amid cautious sentiment towards discretionary spending [4]. Investment Strategy Recommendations - The market is expected to enter a new phase characterized by a return to growth and a strengthening of main lines, with a focus on the new energy sector and technology stocks [5][6]. - Investors are advised to hold core positions in the new energy sector, particularly in lithium batteries, photovoltaics, and wind power, which are expected to continue their upward trajectory [6]. - There is an emphasis on identifying undervalued stocks with strong performance support and avoiding overbought speculative stocks [6].