Core Viewpoint - The A-share market has reached a ten-year high of 3700 points, sparking discussions among various stakeholders, including analysts and retail investors, about the potential for further growth and the entry of retail investors into the market [1][3]. Group 1: Market Sentiment and Predictions - Li Daxiao, a prominent figure in the A-share market, believes that China is entering a "weight bull market" and that the current level of 3700 points is not a peak but a midpoint in a bullish trend [3][5]. - Despite his optimistic predictions, many retail investors express skepticism towards Li Daxiao, often referring to him as the "first poison milk king" of A-shares due to his history of inaccurate forecasts [4][21]. Group 2: Li Daxiao's Historical Context - Li Daxiao has a long history of making bullish predictions, often coining terms like "patriotic bull" and "diamond bottom" to describe market conditions, which have sometimes led to significant losses for investors who followed his advice [8][15][18]. - His predictions have frequently been met with skepticism, especially after instances where the market did not respond as he anticipated, leading to a reputation for being overly optimistic [20][21]. Group 3: The Emergence of "Xiao Studies" - A new trend has emerged among investors, dubbed "Xiao Studies," where followers analyze Li Daxiao's social media posts for hidden meanings and predictions, often interpreting his casual images and videos as market signals [22][28][41]. - This phenomenon highlights the reliance of many retail investors on simplified predictions rather than in-depth analysis, as a significant portion of A-share investors lack the expertise to interpret complex market data [49][51]. Group 4: Li Daxiao's Influence and Popularity - Despite his controversial predictions, Li Daxiao has gained substantial popularity, with millions of followers on social media platforms, indicating a strong influence on retail investor sentiment [57][59]. - His unique approach to market commentary, combining humor and abstract symbolism, has allowed him to maintain relevance and attract attention in a crowded market of financial analysts [49][53].