精准降温后再迎加仓时点

Group 1 - The core viewpoint of the article emphasizes a strategic approach to market timing, suggesting that after a period of precise cooling, there will be an opportunity to increase positions in the market [1][3]. - The market experienced a mixed performance with the Shanghai Composite Index and CSI 300 Index showing slight declines of -0.45% and -0.57% respectively, while the CSI 500 Index increased by 2.18% [3]. - Recent economic data indicates a rebound trend, particularly in December's export figures, which showed signs of recovery in exports to Europe and the U.S., although domestic fiscal policy has not yet shown significant stimulus effects [3]. Group 2 - The technical analysis indicates that there has been a significant inflow of incremental capital, which led to a regulatory response aimed at cooling the market, particularly through the introduction of policies to reduce financing leverage [4]. - The main board is recommended to maintain a high position due to the positive signals from the fundamental trends and the capital market, despite regulatory challenges [4]. - The small and medium-sized market capitalization sector is highlighted for its high elasticity in response to capital factors, with a recommendation to maintain a high position and a favorable outlook for this segment [4]. Group 3 - The core strategy of the Shanghai Ruicheng fund has shown strong performance, with a total return of 33.90% for 2025, outperforming the CSI 300 benchmark by 16.24%, ranking it first among comparable public funds [6][8]. - The strategy's alpha continues to demonstrate aggressive performance into 2026, with expectations that recent regulatory measures will enhance its alpha advantage further [10]. - The composite strategy employed by Shanghai Ruicheng combines core strategies with timing hedges, which has proven effective in maintaining net value stability during significant market downturns [12].