风格轮动或加速，机构建议A股这样布局

Core Viewpoints - The A-share market is expected to experience a phase of accelerated rotation in hotspots and styles, with the technology sector, particularly AI upstream and leading technology companies in Hong Kong, gaining institutional favor [1][6][8]. Market Trends - The A-share market indices are anticipated to maintain strong resilience, supported by robust total policy determination and high margin trading scale [7]. - The first batch of new floating fee rate products has been accepted by the CSRC, indicating a shift towards more flexible fund management practices [2]. Investment Insights - Institutions suggest that A-shares are likely to return to a trend of oscillating upward, driven by increased social financing and proactive fiscal policies [5]. - The focus on sectors with high potential elasticity, such as technology and public utilities, is emphasized, alongside opportunities in niche consumer markets like pets and beauty [8][9]. Regulatory Developments - The CSRC has announced modifications to the major asset restructuring management measures, which include a phased payment mechanism for restructuring shares and a simplified review process [3]. Institutional Perspectives - Various institutions highlight the importance of sectors such as AI, internet stocks in Hong Kong, and innovative pharmaceuticals, which are expected to show long-term value in asset allocation [10][11].