如何应对特朗普就任？

Group 1 - The market experienced a rebound with the overall A-share index rising by 3.61%, led by micro-cap stocks, the CSI 1000, and the ChiNext, while the STAR 50 and the SSE 50 lagged behind [2][11] - All 31 Shenwan industries recorded gains, with social services, media, and computer sectors leading, while utilities, banking, and household appliances showed lower growth [2][11] - Market sentiment improved, with a decrease in industry rotation intensity, indicating a preference for small-cap stocks and a focus on themes such as the pet economy and optical chips [3][24] Group 2 - The stock-bond yield spread decreased to 1.7%, indicating a rise in valuation dispersion, which typically precedes market peaks by 0.5 to 1 month [3][22] - The five-dimensional market sentiment index increased by 56.9% to 47.5, reflecting a recovery in overall market sentiment [3][24] - The trading volume increased, with social services, computers, and automotive sectors showing a high proportion of bullish stocks, while non-bank financials, defense, and coal sectors may present alpha opportunities [3][30] Group 3 - The implementation of a new subsidy scheme for purchasing mobile phones, tablets, and smartwatches is expected to boost sales in the consumer electronics sector [4][45] - The launch of the world's first integrated perception charging robot by ZunJie is anticipated to enhance smart driving capabilities, indicating a trend towards automation in the automotive industry [4][46] - The successful launch of the Jielong-3 rocket, which deployed ten satellites, marks a significant achievement in commercial aerospace, suggesting investment opportunities in this sector [4][47] Group 4 - With the upcoming inauguration of Trump, there is a focus on the potential for a rebound in the export chain due to accumulated pessimistic expectations [3][50] - The report suggests a focus on state-owned enterprises and central enterprises to mitigate unexpected market fluctuations ahead of the Spring Festival [3][50] - Long-term investment directions include mergers and acquisitions, debt restructuring, sustained demand growth, and companies with predictable growth trajectories [3][51]