但斌、王庆最新发声：从“924”到现在肯定是个牛市

Market Overview - The A-share market has entered a new phase in 2026, with the Shanghai Composite Index reaching 4120.43 points and total trading volume exceeding 30 trillion yuan [2] - Analysts believe that the market is in a bull phase since the "924" rally, with a focus on improving the quality of listed companies and their competitive advantages [2][6] Investor Sentiment - There has been a shift in investor risk appetite since the "924" rally, leading to a recovery in market sentiment [4] - Analysts predict that undervalued value stocks will be further revalued as investor sentiment stabilizes [4][5] Sector Performance - Growth stocks, particularly in the technology sector, have shown performance since the "924" rally, with a notable revaluation of these stocks [3][4] - The market is currently characterized by structural opportunities, especially in sectors driven by AI and technological advancements [4] International Investor Interest - International investors are increasingly participating in Chinese assets, with a shift in sentiment following profitable investments [7][8] - Morgan Stanley has upgraded its rating on Chinese stocks from neutral to overweight, indicating a belief in a slow bull market [8][9] Future Outlook - The market is expected to continue benefiting from technological advancements and improved competitive environments across various industries [8] - Analysts emphasize the importance of enhancing company quality and profitability to sustain long-term market growth [6]