短期技术性调整，把握结构性机会

Core Views - The report emphasizes that the market is currently in a phase of technical adjustment, with the Shanghai Composite Index struggling to maintain the 3400-point level, indicating a need for sustained volume to break through this resistance [2][3][11] - The report highlights several concerns affecting market sentiment, including weak domestic economic recovery, ongoing overseas pressures, and a lack of clear policy signals, which have led to cautious investor behavior [2][11][12] Market Overview - On Tuesday, the Shanghai Composite Index briefly surpassed 3400 points but fell to a low of 3365 points in the afternoon, reflecting a volatile trading environment [2][10] - The report notes that the market is experiencing structural differentiation, with sectors like banking and innovative pharmaceuticals performing well, while others like aerospace and software development are underperforming [5][6][7] Sector Analysis - The shipping and port sector saw significant gains, driven by increased shipping activities to the U.S. and expectations of a pre-summer inventory buildup [7] - The pharmaceutical sector is highlighted for its resilience, particularly in innovative drugs, which are expected to benefit from a favorable commercialization environment and an aging population [8] - Rare earth permanent magnet stocks are also noted for their upward movement, influenced by government export control measures aimed at maintaining national security [9] Investment Strategy - The report advises investors to avoid impulsive trading strategies and instead focus on high-quality stocks, particularly in sectors such as brokerage, high-dividend stocks, and consumer goods [3][12] - It suggests that investors should consider growth sectors like robotics, semiconductors, AI, and digital economy, as well as potential mergers and acquisitions for thematic investments [3][12]