如何布局“十五五”规划的投资机会

Group 1 - The report reviews the past four "Five-Year Plan" market trends and summarizes the universal rules of important time nodes and style evolution, providing an outlook on future investment opportunities related to the "15th Five-Year Plan" [5][9]. - Historical important time nodes for the "Five-Year Plan" are generally divided into three phases: the Central Committee's Fifth Plenary Session in October, the full release of the "Suggestions" in late October or early November, and the release of the "Outline" in March of the following year [5][9]. - Market trading opportunities related to the "Five-Year Plan" are concentrated in three periods: approximately 29 trading days before the Fifth Plenary Session and public announcement, one month after the full release of the "Suggestions" (about 21 trading days), and one month after the release of the "Outline" (about 21 trading days) [5][12]. Group 2 - The most significant market trading of "Five-Year Plan" related opportunities occurs in the month following the release of the "Outline," with an average market increase of 7.02% during this period across three of the past four "Five-Year Plans" [5][12]. - Industries such as electric equipment, computers, national defense, and beauty care have performed relatively well during the trading periods related to the "Five-Year Plan" [5][12]. - Small-cap and growth styles have outperformed during the entire period, with significant advantages during the pre-Fifth Plenary Session and public announcement period, as well as the month following the full release of the "Suggestions" [5][12]. Group 3 - The report indicates that the trading duration for "Five-Year Plan" related themes is approximately one month, with an average increase of 9.1% across the past four "Five-Year Plans" [22]. - In 2015 and 2020, the market showed a tendency to trade around the "Five-Year Plan" related themes, with the computer and electric equipment sectors leading the market during these periods [22][21]. - The report highlights that the "Suggestions" for the "Five-Year Plan" have a relatively fixed structure, with a focus on previous phase task completion, economic situation analysis, guiding principles, and major development goals [27][30].