突发！这两个板块集体爆发，背后暗藏主力重大布局意图！

Market Overview - A-shares experienced a mild upward trend with the Shanghai Composite Index rising 0.05% to 3836.77 points, while the Shenzhen Component and ChiNext Index increased by 0.37% and 0.31% respectively [1] - The total trading volume in both markets was approximately 1.73 trillion yuan, a decrease of 237.9 billion yuan compared to the previous Friday, indicating a slight cooling in market activity and a more cautious investor sentiment [1] - The Hong Kong market showed strong performance, with the Hang Seng Index and Hang Seng Tech Index both rising around 2%, highlighting a new dynamic in cross-market capital flows [1] Sector Performance - The defense and military sector led the gains with an increase of 4.31%, followed by computer, media, social services, and light manufacturing sectors, which saw increases between 1.18% and 3.49%, forming a "technology + consumption" dual-driven pattern [1] - Conversely, resource sectors such as lithium, coal, and oil & petrochemicals experienced notable declines, with drops ranging from 1.09% to 4.93%, indicating a shift in funds from high-valuation cyclical stocks to growth-oriented sectors [1] Military Industry Focus - The military theme was the market's focal point, with the military index surging 8.37% in a single day, driven by policy, capital, fundamentals, and news factors [2] - Key drivers included the upcoming Central Economic Work Conference emphasizing national defense modernization, a continuous inflow of northbound capital, and public funds prioritizing low-valuation, high-elasticity military stocks [2] - The fundamental backdrop includes accelerated deliveries of the domestic C919 aircraft, faster deployment of carrier-based aircraft, and record-high commercial space launch frequencies, enhancing the industry's performance expectations [2] Geopolitical Influence - Geopolitical concerns were heightened by Japan's missile deployment in sensitive areas, further stimulating activity in the military sector [3] Long-term Market Dynamics - The strength of the military sector reflects a deeper investment logic in "hard technology" amid China's economic transformation [4] - The rebound of tech stocks in Hong Kong, such as Alibaba and NetEase, resonates with the military sector's performance, driven by expectations of regulatory normalization and attractive valuations for foreign capital [4] - The market is expected to continue a structural trend, with military, AI applications, and media sectors showing upward momentum, while low-valuation sectors like consumption and pharmaceuticals may have opportunities for catch-up in a moderately recovering economy [4] Investment Outlook - The market's driving logic is shifting from purely policy-driven to a dual focus on "earnings + policy," with signs of corporate profit improvement emerging, which may lay the foundation for a long-term bull market [4]