Core Viewpoint - The A-share market showed signs of stabilization amidst fluctuations, driven by a strong rally in the AI sector, which boosted the ChiNext Index and the STAR Market Index by over 1% [1] Group 1: AI Sector - The AI sector, a core focus of the A-share market, experienced some divergence recently, particularly with adjustments in software stocks and a downward shift in Hong Kong's internet platform stocks [2] - Positive developments such as strong earnings reports from leading companies in the liquid cooling industry and rising prices of AI hardware products have attracted momentum funds back to the AI sector, particularly in hardware and computing rental stocks [2] - The ChiNext Index and STAR Market Index, which include many of these AI-related stocks, saw significant upward movement as a result of this renewed interest [2] Group 2: Resource Sector - Following better-than-expected U.S. employment data, expectations for a Federal Reserve rate cut diminished, which typically leads to a decline in resource prices; however, international gold prices remained resilient [3] - The resource sector became notably active, with leading stocks in small metal categories, such as Pengxin Energy and Science, hitting their upper price limits, attracting more funds back into this sector [3] - Major oil stocks, including China Petroleum, also showed strong performance, contributing to the overall activity of the Shanghai Composite Index, which managed to withstand selling pressure from investors reluctant to hold positions over the holiday [3] Group 3: Market Outlook - There are positive expectations for the last trading day before the Lunar New Year, as selling pressure from investors has significantly decreased [4] - The resilience of both the resource and AI sectors indicates that momentum funds are likely to continue flowing back into these core areas, with a notable increase in trading volume reaching 2 trillion yuan [4] - The recent stabilization of oil prices suggests a re-evaluation of oil as a core resource, which could further strengthen oil-related stocks and contribute to a bullish outlook for the A-share market [4]