春季躁动初现！周末迎来两大利好

Market Performance - The market has shown a rebound, with the Shanghai Composite Index achieving an eight-day consecutive rise, matching the record from April [1] - The CSI 500 Index and the ChiNext Index had the highest weekly gains, both exceeding 3.9%, while the micro-cap index had the smallest gain of only 0.7% [1] Market Outlook - The Shanghai Composite Index is close to the upward trend line from September to October, with a potential breakout expected next week [4] - Despite the recent gains, there is a historical pattern of short-term corrections following five consecutive daily gains [4][5] - The current market is characterized as a bull market with a "slow bull" feature, suggesting a positive outlook for long positions [5] Key Investment Themes - Major investment themes include the AI industry chain, solid-state battery industry, energy storage, commercial aerospace, humanoid robots, innovative pharmaceuticals, and non-ferrous metals [5] - The commercial aerospace sector is highlighted as a hot investment theme, with expectations for continued acceleration despite recent declines in U.S. commercial aerospace stocks [6][7] - AI hardware stocks have shown weakness due to concerns over year-end liquidity and performance, but these concerns are expected to ease after the New Year [7] Sector Analysis - The humanoid robot sector has shown a double-bottom pattern since late August, indicating potential for future growth, although it requires patience due to its current state [8] - Lithium battery and energy storage sectors are linked to AI power, with significant market demand and price increases in lithium carbonate indicating strong future potential [9] - The non-ferrous metals sector is gaining attention due to rising international gold and silver prices, as well as historical highs in copper prices, suggesting a bullish outlook for gold, silver, copper, and lithium-cobalt [9][10] Summary and Strategy - The market is showing signs of a spring rally, with a mid-term bullish outlook and a focus on stable sector stocks [10] - Key sectors to monitor include AI hardware, humanoid robots, commercial aerospace, non-ferrous metals, lithium batteries, and energy storage, with an emphasis on core stocks [10]