SCS(SH:601555) Soochow Securities·2025-03-16 14:11Market Review - The overall market performance for the week from March 10 to March 14 shows a decline in trading volume, with the average daily trading volume for the entire A-share market at 1.66 trillion, down by 45.2 billion compared to the previous week [7][9] - The market style favored large-cap growth stocks, with major indices like the CSI A50 and SSE 50 outperforming smaller indices such as CSI 2000 and CSI 1000 [9][10] - The performance of various indices indicates a mixed sentiment, with large-cap indices showing positive returns while smaller-cap indices faced declines [10][11] Industry Trends and Outlook - The report highlights strong themes for the week, including policies supporting multi-child families, robust demand in diesel engines and power supply sectors, and the introduction of deep-sea technology in the 2025 government work report [26][29] - The mid-term industry allocation strategy focuses on three main areas: stimulating domestic circulation, technological self-reliance, and expanding openness [29] - Specific sectors to watch include consumer electronics, industrial automation, AI applications, and new energy technologies, with an emphasis on domestic demand and innovation [29][30] Participant Performance - The QFII heavy index and "national team index" outperformed other indices, with the QFII heavy index showing a weekly increase of 2.39% and a trading volume increase of 11.1% [13][14] - The performance of various participant indices indicates a preference for large-cap stocks among institutional investors, reflecting a cautious but optimistic market sentiment [13][14] Market Sentiment - The margin trading balance has slightly rebounded to over 1.92 trillion, although the proportion of financing purchases relative to total A-share trading volume has decreased [16][18] - The number of stocks hitting the daily limit up or down indicates a generally positive market sentiment, with a notable increase in the number of stocks rising during the week [16][17] Upcoming Industry Events - Key upcoming events include the NVIDIA GTC conference from March 17-21, where significant announcements are expected, and various product launches and strategic conferences from major tech companies [30][32] - These events are anticipated to influence market trends and investor sentiment, particularly in the technology sector [30][32]