Group 1 - A significant 64% of private equity firms plan to hold heavy or full positions during the Spring Festival, indicating a bullish sentiment towards the A-share market [1][2] - 70% of private equity firms express optimism for the A-share market in the Year of the Rabbit, with 14% being extremely optimistic about a substantial market rise [5][6] - The overall market sentiment is supported by a gradual recovery in economic activities and a stable appreciation of the RMB, leading to increased foreign investment confidence [2][3] Group 2 - 41% of private equity firms favor growth sectors such as new energy and technology, while 32% prefer consumer and pharmaceutical sectors, indicating a diverse outlook on investment opportunities [4] - The market is expected to experience structural opportunities, with a focus on sector rotation post-Spring Festival, although some caution is advised due to potential market volatility [4][5] - The anticipated market performance is characterized by a cautious optimism, with expectations of a fluctuating upward trend rather than a full bull market, pending supportive economic data [6]