策略点评：多线共振，深成指创阶段新高

Market Analysis - The A-share market showed a slight increase with active performance in non-bank and non-ferrous sectors, leading to a new high in the Shenzhen Component Index [2][5] - The market is expected to maintain a slow bull pattern, driven by strong performance in the technology sector and supportive policies in the power equipment and non-ferrous metal sectors [5] - The overall trading volume in the A-share market reached 2.18 trillion yuan, slightly up from 2.17 trillion yuan the previous day [5] Bond Market - The bond market experienced a general decline, with the 30-year treasury futures dropping by 0.47% [6] - The funding environment remained stable, with the overnight SHIBOR down by 0.15 basis points to 1.3111% [6] - The People's Bank of China conducted a 288.6 billion yuan reverse repurchase operation, maintaining liquidity in the market [6] Commodity Market - Precious metals, particularly silver, reached new highs, with Shanghai silver up by 3.9% [8] - The black coal sector faced significant declines, with coking coal down by 5.0% [8] - The gold-silver ratio is gradually recovering, indicating potential upward pressure on silver prices [8] Investment Opportunities - Key investment themes include precious metals due to central bank purchases and anticipated Fed rate cuts, as well as sectors like artificial intelligence and domestic chips driven by technological advancements [10] - The report suggests a shift in market style from "technology-led" to "balanced allocation," with a focus on strong sub-sectors within technology and dividend stocks [11] - Long-term prospects for precious and non-ferrous metals remain positive due to global liquidity conditions [11]