“抢跑”马年春季攻势，券商研究所“赶场”忙

Core Viewpoint - The A-share market has shown a strong start in the Year of the Horse, igniting expectations for a spring rally, with many institutions predicting an early start to the spring market [1][2] Group 1: Market Activity and Strategy Meetings - Numerous brokerage firms have adopted a "no break during the Spring Festival" approach, scheduling extensive roadshows and strategy meetings during the holiday period [1][4] - From February 16 to 23, a total of 292 conference calls were arranged by brokerage research teams, averaging over 32 calls per day [6][7] - The spring strategy meetings are characterized by diverse focuses, with some emphasizing technology growth and resource cycles, while others cover macroeconomic analysis and emerging sectors like commercial aerospace and brain-computer interfaces [1][20] Group 2: Focus Areas for Investment - The chemical and TMT (Technology, Media, and Telecommunications) sectors are highlighted as key areas for investment exploration by brokerages [2] - AI and robotics have emerged as hot topics during the Spring Festival roadshows, with innovative formats being utilized to engage audiences [8][16] - Brokerages are actively producing research reports on robotics, with at least 25 reports published during the holiday period, focusing on themes like commercialization and industrialization [17] Group 3: Insights from Strategy Meetings - Analysts from various brokerages have differing views on market strategies, with some predicting a "super cycle" in oil prices and recommending investments in the petrochemical sector [25] - Other analysts suggest a focus on "new battlegrounds" for investment, emphasizing the importance of short-term trading and identifying sectors with low current holdings [26] - The consensus among institutions is that the equity market is on an upward trend, with increasing market activity expected [24]