北交所市场点评：延续调整态势，关注中线配置

Market Overview - On May 28, the trading volume of North Exchange A-shares reached 24.12 billion yuan, a decrease of 1.25 billion yuan from the previous trading day[13] - The North Exchange 50 Index closed down 1.4% at 1378.23 points, with significant structural differentiation in the market[6] Stock Performance - Among 266 companies listed, 56 rose, 3 remained flat, and 207 fell[21] - The top five gainers were Tianli Composite (16.8%), Xin'an Clean (12.4%), Luqiao Information (8.6%), Jikang Instrument (7.2%), and Dadi Electric (6.8%)[21] - The top five losers were Ruichi Intelligent (-10.3%), Ningxin New Materials (-7.2%), Jilin Carbon Valley (-7.1%), Qifeng Precision (-6.8%), and Caneng Electric (-6.2%)[21] Investment Insights - The market is currently in a phase of adjustment, with a focus on mid-term positioning and defensive strategies[6] - The North Exchange's small and high-growth characteristics make it an aggressive choice during the A-share market's volume repair period, but caution is advised due to potential liquidity risks in small-cap stocks[6] Policy and Future Outlook - Recent policy revisions to the restructuring review rules aim to enhance merger efficiency, providing long-term support for innovative SMEs[6] - Investors are advised to control positions and avoid high-volatility stocks in the short term, while considering low-valuation, high-growth targets in the medium term[6]