Core Viewpoint - The article discusses the impact of two significant events on the A-share market: the opening of the Two Sessions and the escalation of the US-China tariff conflict. It highlights the historical performance of various sectors during and after the Two Sessions, suggesting potential investment opportunities in specific industries. Market Overview - A-shares experienced a mixed performance with over 4,000 stocks rising, particularly in the semiconductor and military sectors [1][2] - The trading volume in the market decreased significantly, with total transactions falling below 1.5 trillion [2] - The military, semiconductor, and precious metals sectors led the gains in the market [2] Two Sessions Impact - The Two Sessions are scheduled from March 5 to March 11, with historical data indicating that markets typically experience volatility followed by upward trends, especially in small-cap growth stocks [3][4] - Small-cap indices like the CSI 1000 and CSI 2000 saw increases of over 1% today, confirming the trend of small-cap stocks outperforming [4] Tariff Conflict - The US announced a 10% tariff on all Chinese goods, citing fentanyl concerns, prompting China to respond with its own tariffs on certain US imports starting March 10 [5][6] - Analysts suggest that the tariff measures may shift market preferences towards value and dividend stocks, while the absence of further tariff announcements could benefit growth stocks in the short term [7] Investment Strategy - Historical analysis shows that sectors such as TMT (Technology, Media, and Telecommunications) and consumer goods have a high probability of performing well during the Two Sessions, with specific probabilities of 60% for TMT and 70% for beauty and personal care sectors [10] - Post-Two Sessions, the consumer sector, particularly home appliances, has a 70% probability of rising [10][12] - The article emphasizes a balanced investment approach focusing on technology, consumer, and dividend stocks, particularly in sectors showing signs of recovery and policy support [13][15]