估值周报：A股先抑后扬，科技股回调

Group 1 - The report indicates that the overall A-share market experienced a decline of 1.45%, with the PE(TTM) ratio decreasing by 0.07 to 16.76, while the PB(LF) ratio fell by 0.02 to 1.46 [48][51] - The report highlights that the major index, the Shanghai Composite Index, saw an increase of 0.49%, with its PE(TTM) rising by 0.17 to 10.06, indicating strong performance relative to other indices [51] - The report notes that the ChiNext Index experienced the largest decline of 3.96%, with its PE(TTM) dropping by 1.47 to 44.01, reflecting a significant pullback in technology stocks [25][51] Group 2 - In the industry analysis, the top five performing sectors included Oil & Gas (+4.08%), Non-ferrous Metals (+3.72%), Home Appliances (+2.1%), Utilities (+1.34%), and Textiles (+0.96%), while the worst-performing sectors were Media (-9.52%), Computers (-6.47%), Electronics (-4.43%), Telecommunications (-3.76%), and Social Services (-2.76%) [38] - The report indicates that the overall A-share equity risk premium increased by 0.03 percentage points to 3.56%, which is above the historical average, suggesting a heightened risk perception in the market [29][56] - The report also highlights that the popular sectors such as Green Energy (+1.51%) and Power Batteries (+0.98%) showed positive performance, while sectors like ChatGPT (-9.9%) and Cloud Computing (-7.16%) faced significant declines [46]