中金公司彭文生：市场对A股未来预期明显改善配置科技类风险资产

Core Insights - The A-share market has shown strong performance this year, primarily driven by a decrease in risk premium, indicating a significant improvement in market expectations for the future [1] Group 1: Market Performance - The strong performance of the A-share market is attributed to a decline in risk premium [1] - The improvement in market expectations has been notable since September of last year [1] Group 2: Policy and Investment Shifts - Changes in macroeconomic policies since last September have contributed to the shift in investment towards stocks and other risk assets [1] - The emergence of DeepSeek has also played a role in directing funds towards the technology sector [1]