Core Viewpoint - The completion of the yen interest rate hike and the dovish stance of the Bank of Japan have alleviated liquidity risks, leading to a rebound in global stock markets and an increase in risk appetite [1] Market Performance - On Monday, both A-shares experienced a rebound, with the Shanghai Composite Index closing above the 60-day moving average and the Shenzhen Component Index showing a larger rebound, also closing above the 60-day moving average [1] - The trading volume exceeded 1.8 trillion yuan, indicating a recovery compared to the previous Friday, with market hotspots primarily in the technology hardware sector and upstream resource industries [1] Investment Focus - Domestic investors are focusing on the direction of domestic policy and the development of the technology industry, with a rotation rebound observed in the "big consumption" and high-tech sectors benefiting from expanded domestic demand policies [1] - The market is currently in a consolidation phase, with the Shanghai Composite Index facing resistance near the 60-day moving average and support above the six-month moving average [1]