和讯投顾徐梦婧：这个春节应该持股还是持币？

Core Insights - The article discusses the impact of recent market movements and regulatory news on investment strategies, particularly focusing on the technology and AI sectors [1] Market Performance - U.S. stock markets experienced a significant rise, driven by two main factors: the Federal Reserve's reassuring policy signals and a strong rebound in the AI sector, alleviating previous concerns about the AI narrative [1] - The Nasdaq China Financial Index surged by 3.71%, while the A50 Index increased by over 1%, indicating a positive outlook for the A-share market on the following Monday, especially in the AI sector [1] Regulatory Environment - Eight government departments in China have clarified that virtual currency-related activities are illegal financial activities, leading to a comprehensive ban within the country. This will negatively impact sectors related to blockchain, virtual currencies, and Web3 [1] - The crackdown on these speculative sectors is expected to redirect funds towards regulated institutions such as banks, brokerages, and public funds, enhancing the attractiveness of formal channels [1] Gold Market - The People's Bank of China has increased its gold holdings for 15 consecutive months, with foreign exchange reserves reaching a nearly 10-year high, providing long-term support for gold prices [1] Investment Strategy - It is suggested that if the A-share market rises significantly before the Spring Festival, investors should consider reducing positions to lock in profits, given the extended holiday period and potential risks [1] - The recommendation is to adopt a strategy of high selling and low buying within a fluctuating market, especially in light of geopolitical tensions, such as the return of a U.S. aircraft carrier to the Middle East [1]