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科技行情的五大预警信号行至何位?
Huaan Securities·2025-08-03 13:52

Group 1 - The report indicates that the overall market trend remains positive in the medium term, despite recent minor adjustments due to external events such as the Central Political Bureau meeting and U.S.-China trade negotiations [2][3][4] - The report recommends three main investment lines: strong growth in technology sectors such as AI, robotics, and military; sectors with economic support or performance exceeding expectations like rare earths, precious metals, and agricultural products; and structural policies in service consumption and real estate that may lead to valuation recovery opportunities [2][4][40] Group 2 - The report highlights that the recent adjustments in the "anti-involution" theme and real estate sectors were due to the Central Political Bureau meeting's outcomes being below market expectations, suggesting a potential correction phase for these sectors [5][18][19] - The technology sector has shown resilience, with several industries reaching new highs, indicating that the current technology market may continue to develop positively as key warning indicators have not yet been fully met [6][26][35] - The report emphasizes the importance of monitoring five warning indicators to assess the sustainability of the current technology market, including valuation percentiles and market breadth [26][35][38]