华泰期货：开年股指运行有望“以我为主”

Group 1 - The core viewpoint of the article emphasizes the ongoing large-scale equipment upgrades in China, with projects accelerating across various sectors, including industrial, electronic information, and energy conservation, involving around 20 fields [2][10] - The U.S. Supreme Court ruled that the large tariffs imposed by the Trump administration under the International Emergency Economic Powers Act (IEEPA) lack clear legal authorization, leading to the suspension of most tariffs, including the "fentanyl tariff" [2][10] - Following the court ruling, Trump signed an executive order imposing a 10% import tariff on goods entering the U.S. for 150 days, with plans to increase this rate to 15% in the coming months [2][10] Group 2 - In the past week, global major stock indices showed mixed results, with the South Korean Composite Index leading with a rise of approximately 5.5%, while indices in Brazil, France, and the UK also performed well [3][11] - The U.S. stock market saw all three major indices close higher, with the Nasdaq leading the gains at +1.5% [3][11] - The domestic market is expected to maintain a "self-driven" operational logic, with institutions resuming allocation strategies post-holiday, supported by the potential influx of resident funds [4][12] Group 3 - The market outlook for the year anticipates a slow upward trend, characterized by a "slow bull" pattern, driven by the potential of domestic policy developments and the long-term support from the continuous appreciation of the Renminbi [5][12]