不是924，但牛还在！

Core Viewpoint - The current market situation is not a repeat of the 9/24 rally, but the bull market is still ongoing and even improving [2][3]. Market Conditions - The market has experienced significant growth, with the Shanghai Composite Index surpassing 3,400 points and trading volume exceeding 1.5 trillion [3]. - The previous market conditions before 9/24 were characterized by low trading volumes and a declining index, which created a scenario for a strong rebound [3]. Positive Factors - Fundamentals: The domestic macroeconomic environment is showing signs of recovery after several years of adjustment, with major international banks like Morgan Stanley and Deutsche Bank becoming more optimistic about China's economic growth [4]. - Liquidity: The expectation of a shift to a rate-cutting cycle in the U.S. is anticipated to positively impact global capital markets, enhancing risk appetite [5]. - Industry Trends: Opportunities arising from trade tensions, such as advancements in self-sufficiency in semiconductors and new energy sectors, are expected to drive growth despite broader market fluctuations [6]. Investment Strategy - Investors should focus on selecting the right sectors to capitalize on ongoing market trends rather than relying on rapid market gains [6].