Group 1 - The annual Xueqiu Carnival in Shanghai was more crowded than last year's event in Shenzhen, with a venue capacity of 2,000 but 5,000 registrations, indicating high interest from local financial institutions [1] - The atmosphere of a bull market remains strong, with high attendance suggesting continued optimism for the market's performance [2] - A recurring investment strategy discussed by guests at the event is the "core + satellite" allocation approach, emphasizing the importance of balancing core investments with flexible, high-risk options [4][5] Group 2 - The "satellite" component of the investment strategy serves as an elastic enhancer to outperform the market, particularly focusing on sectors like technology and artificial intelligence [5] - The market's current state is viewed as a mid-bull market, where declines are seen as buying opportunities, and the main trend in technology is expected to continue [12] - The sentiment is that significant market shifts will occur after the spring season, indicating that current concerns about sector rotation may be overstated [12]