英大证券：金点策略晨报—每日报告-20241128

Market Overview - The report indicates that after a significant adjustment, there is a potential demand for a rebound in the market. The Shanghai Composite Index fell below 3300 points due to factors such as a strong US dollar and concerns over tariffs and domestic economic conditions [1][5] - The market experienced a collective decline on Monday, with the Shanghai Composite Index closing at 3263.76 points, down 3.43 points or 0.10%, and total trading volume reaching 1490.2 billion [2][3] Sector Performance - The textile and apparel sector saw a strong increase, driven by improved sales expectations as winter clothing sales peak and various consumer incentives are expected to boost demand. The leading companies in this sector are currently at historically low valuation levels, indicating potential for future growth [3][4] - The tourism and hotel sector also experienced significant gains, attributed to China's expansion of visa-free policies for several countries, which is expected to enhance inbound tourism [3][4] - The solid-state battery sector showed strong performance, with a rebound following a period of significant decline since November 2021. The report highlights ongoing demand for lithium batteries and other renewable energy technologies as global efforts to achieve carbon neutrality continue [4][5] Future Market Outlook - The report suggests that despite external pressures and challenges, there is a necessity for increased policy measures to counteract market adjustments. The current market liquidity is relatively abundant, indicating that a rebound could occur after the recent adjustments [5][6] - Investors are advised to consider positioning for the upcoming cross-year market trends while carefully planning for next year's allocations. Key areas to monitor include industries benefiting from debt resolution plans and sectors related to new productive forces, as well as opportunities in mergers and acquisitions and domestic consumption [6][7]