Di Yi Cai Jing Zi Xun·2025-11-27 11:49Core Viewpoint - The A-share growth style has regained market focus after a three-week decline, with significant rebounds in AI hardware and new energy sectors, indicating a potential shift in investment trends as funds move from cyclical and consumer sectors to growth areas [1][2]. Group 1: Market Performance - The growth sector saw a strong rebound this week, highlighted by Zhongji Xuchuang's stock reaching a historical high of 558.77 yuan on November 27, with a weekly increase of over 13% [2]. - New energy stocks, including HaiKe XinYuan and HuaSheng Lithium, also experienced significant gains, with HaiKe XinYuan hitting a "20CM" limit up [2]. - The market experienced a structural differentiation, with only the petroleum and banking sectors showing positive returns during the previous three weeks, while the electronics and computer sectors led the declines [3]. Group 2: Investment Sentiment - Optimism in the AI sector is driven by major global tech companies increasing their investments in computing power, which is expected to boost demand for optical modules [2]. - Domestic policies supporting intelligent manufacturing and data center construction are providing further backing for the AI hardware industry [2]. - The recent rebound in the growth sector is viewed as a valuation recovery following deep corrections, with industry news and policies acting as catalysts for the market [2][5]. Group 3: Future Outlook - The sustainability of the growth style rebound until year-end is under scrutiny, with mixed sentiments about market confidence and trading volumes [4][5]. - Historical data suggests that value and dividend styles tend to outperform towards the end of the year, while growth indices may lag behind [5][6]. - Analysts recommend a balanced approach, emphasizing both growth and value sectors, with a focus on low-positioned stocks in the power equipment and AI application areas [6].