Group 1 - The A-share market is experiencing low activity, with a continuation of volume contraction and a cautious sentiment among investors [1] - The Moer Thread concept and commercial aerospace sectors are showing strength, while the consumer sector is generally adjusting [1] - There is an expectation for a new bullish window in the A-share market as institutional funds begin to position for 2026, alongside anticipated interest rate cuts from the Federal Reserve [1] Group 2 - In December, incremental funds are expected to maintain a stable net inflow, with foreign capital activity likely to continue to rise [2] - The macro liquidity environment remains stable due to the central bank's support, with expectations for reasonable liquidity to persist [2] - The stock market saw a shift to net outflows in November, with new equity fund issuance increasing while refinancing scales decreased [2]
【机构策略】A股市场整体运行偏弱 本阶段需要保持耐心
Zheng Quan Shi Bao Wang·2025-12-05 01:50