SCS(SH:601555) Sou Hu Cai Jing·2026-02-09 12:52Group 1 - The main consensus among multiple brokerage firms is to recommend "holding stocks during the festival," based on historical analysis of the "Spring Festival effect" and current economic expectations, liquidity environment, and risk appetite [2][3] - A review of nearly 20 years of A-share market performance around the Spring Festival indicates a significant "calendar effect," with indices typically starting a trend rebound about five trading days before the festival [2] - The East Wu Securities strategy team explains that the market often experiences a "down then up" pattern due to uncertainties in overseas macro events during the long holiday, leading some funds to exit the market temporarily before the festival [2] Group 2 - The Guangda strategy team believes that the current spring market is promising, with favorable policy and fundamental news expected in the coming months, although a brief period of market correction may occur before the festival [3] - The Huajin Securities strategy team suggests that the risks during the Spring Festival may be limited, citing potential improvements in economic and profit expectations, as well as a possible recovery in real estate sales [3] - The East Wu Securities strategy team highlights the need to focus on overvalued technology sectors and sectors with growth potential, such as energy storage, lithium battery supply chains, and emerging industries related to the "14th Five-Year Plan" [3]