Di Yi Cai Jing·2025-11-11 23:31Group 1 - The short-term focus of the A-share market is on structural aspects, with attention on "anti-involution" strategies [1][8] - The A-share market is at a critical turning point, with the Shanghai Composite Index expected to consolidate around the 4000-point level, indicating a potential rebalancing of market styles between cyclical and technology sectors [8] - As the year-end approaches, there is a demand for capital preservation, suggesting that the overall market may remain volatile, with basic factors influencing market structure potentially weakening [8] Group 2 - The U.S. stock market showed mixed results, with the Dow Jones Industrial Average rising by 1.18% and the Nasdaq Composite Index declining by 0.25%, indicating a divergence in performance among major tech stocks [4] - Nvidia's stock fell by 2.96% after SoftBank disclosed the sale of its entire stake, raising concerns about high valuations in the AI sector [4] - The international oil prices increased, with WTI crude oil futures rising by 1.51% to $61.04 per barrel, and Brent crude oil futures up by 1.72% to $65.16 per barrel [4]