——证券时报券商中国读者 从严整治非法荐股，是这位投资者的期盼，实际也是证券监管部门近来持续发力的监管重点之一。 2025年政府工作报告指出："更大力度促进楼市股市健康发展"。股市的健康发展离不开良好的市场秩序。近年 来，在从严监管基调下，非法荐股活动有所遏制，但随着技术发展，也变得更加隐蔽化、技术化、产业化，危 害更甚，甚至诱发部分中小个股异常波动。 今年两会期间，全国人大代表、北京证监局局长贾文勤也关注到了该问题，她建言强化互联网非法金融活动治 理。证券时报券商中国记者也采访了数位业界人士，揭开非法荐股的花样手段，并探讨综合治理方式。 打击非法荐股，人大代表发声！ 编者按：2025年全国两会期间，本着"问需于市场、问计于市场、问道于市场"的精神，证券时报券商中国 推出"邀您建言 共促资本市场高质量发展"特别策划，征集广大投资者关于如何改革创新、攻坚克难、推动 资本市场平稳健康发展的意见建议。建言活动引发各方积极反响，数日内即征集到数百条质量较高的意见 建议。本报全国两会报道记者带着这些热乎乎、情切切的意见建议，采访了相关代表委员。今日起，特推 出"投资者点题 代表委员共答"栏目，期待能集思广益，凝聚共识， ...

Investment Insights - The equity market experienced a rise followed by a decline, with A-shares showing significant pullback starting Friday, indicating a potential pause in the previously heated "spring offensive" [1] - The overall equity market fell by 2.53% for the week, while the Zhongzheng Active Equity Fund Index dropped by 2.70%. In contrast, the Evergreen Low Volatility strategy showed resilience with only a slight decline of 1.13% [1] - The U.S. stock market continued to exhibit risk-averse sentiment, experiencing a notable pullback, although a rebound occurred on Friday. Concerns regarding risk factors remain unresolved [1] Quantitative Strategy Allocation - The recommended strategy hierarchy is Evergreen Low Volatility Strategy > Overseas Equity Strategy > Enhanced Equity Strategy [2] - A cautious stance is maintained for the A-share market in the short to medium term, with the Evergreen Low Volatility strategy showing effectiveness early in the week. Attention is drawn to potential overheating risks in the technology growth sector [2] - Defensive sectors, such as banks, remain attractive for long-term investment despite recent underperformance, especially as the market approaches key political events [2] Overseas Market Analysis - The U.S. stock market has been in a prolonged range-bound phase since December, with recent risk factors leading to heightened risk-averse sentiment and a continued pullback [3] - Despite short-term uncertainties, some quality companies have reached attractive valuation levels, presenting potential investment opportunities [3] - The Evergreen Low Volatility Fund strategy recorded a weekly decline of 1.127%, outperforming the benchmark with an excess return of 1.572% [3] Fund Strategy Performance - The Evergreen Low Volatility Fund has demonstrated strong stability since its inception, maintaining low volatility and drawdown levels while achieving decent returns [4] - The Enhanced Equity Fund strategy has shown a close performance to the benchmark, with potential for stronger returns as market conditions improve [4] - The Cash Growth Fund strategy achieved a return of 0.032%, outperforming the benchmark, with cumulative excess returns since inception [4] Global Investment Strategy - The Overseas Equity Allocation Fund strategy recorded a decline of 2.217%, influenced by various market disturbances, but still holds potential for future growth as the U.S. economy remains stable [5] - The strategy aims to provide diversified global investment opportunities, particularly in the context of ongoing technological advancements and economic conditions [5] Fund Performance Tracking - The Evergreen Low Volatility Fund strategy has maintained a return of 7.158% since its inception, significantly outperforming the Zhongzheng Active Equity Fund Index [15] - The Enhanced Equity Fund strategy has shown a return of 8.016% since inception, indicating strong potential for future performance [15] - The Cash Growth Fund strategy has accumulated an excess return of over 0.29% since its launch, providing effective cash management solutions [19]