智通财经网·2025-10-15 02:36Core Viewpoint - The A-share market shows a collective rise in major indices, with the Shanghai Composite Index up by 0.06% and the ChiNext Index up by 0.29%, driven by sectors such as cultivated diamonds, non-ferrous metals, and rare earth permanent magnets [1] Institutional Outlook Zheshang Securities - External shocks do not alter the bullish strategy; market rotation may lead to style changes, focusing on large financials and dividend stocks [1] - After two weeks of market performance, large financials and cyclical sectors show significant rise, while technology style weakens [1] - The recommendation is to maintain a systematic "slow bull" mindset, taking advantage of any "buying opportunities" from external shocks, and to increase allocation during dips [1] - For industry allocation, absolute return funds should focus on large financials, real estate, state-owned infrastructure, and dividend stocks; relative return styles should monitor the upward trend of the innovation index and key moving averages for operational guidance [1] Dongfang Securities - Short-term index fluctuations are intensifying, but the main trend remains upward, with a core focus on large technology [1] - The current market adjustment is viewed as part of the consolidation since late August, with future upward movement expected [1] - From an allocation perspective, the core position of the large technology sector remains unchanged, with continued interest in self-controlled sectors and cyclical sectors with good prospects [1]