Zheng Quan Shi Bao Wang·2025-11-22 00:48Core Viewpoint - The report from Huatai Securities suggests that increased market volatility presents opportunities in oversold sectors, driven by a disconnect in technology and cyclical narratives, as well as tightening liquidity [1] Group 1: Market Conditions - Recent fluctuations in the domestic stock market are attributed to a lack of alignment in technology and cyclical narratives, alongside marginal tightening of liquidity [1] - Leverage positions and emotional trading may further amplify market volatility [1] Group 2: Investment Opportunities - The main narrative of asset revaluation in China remains unchanged, with funds still seeking core asset demands [1] - The current market adjustment is seen as creating a healthier environment for future performance [1] - Emotional trading has led to potential "wrongful killings" of quality assets, thereby creating opportunities for investment [1]