策略研究周度报告：成长科技演绎同时，布局消费和地产链

Group 1 - The report indicates that the upcoming Central Economic Work Conference is likely to set a positive tone for fiscal and monetary policies, which may lead to structural opportunities in the market, particularly in growth technology, consumer goods, and real estate chains [1][15][18] - The report highlights that the AI thematic market is currently experiencing a surge, with significant performance in the media sector, while the real estate chain is also showing strong performance [1][20][38] - The report notes that the market is expected to shift from growth technology to consumer and real estate chains after the Central Economic Work Conference, with a focus on sectors such as electronics and communications before the meeting [1][38] Group 2 - The report discusses the correlation between market movements and the performance of large and small-cap stocks, indicating that small-cap stocks tend to outperform during market uptrends, while large-cap stocks show more resilience during downturns [3][34] - The report emphasizes the importance of domestic demand and highlights sectors such as pharmaceuticals, tourism, agriculture, automotive, and home appliances as having potential for recovery and growth due to favorable policy support [1][39][40] - The report suggests that real estate policies are expected to become more proactive, which could boost downstream demand in home decoration, home appliances, and automotive sectors [1][42]