Group 1: External Pressures - The announcement by Trump on May 24 regarding tariffs on EU goods and mobile manufacturers has created significant downward pressure on global markets, leading to declines in major indices such as the Dow Jones and Nasdaq, both dropping over 0.6% [1][2] - The indirect impact of these tariffs on the A-share market has resulted in heightened market volatility and investor anxiety, particularly evident in the sharp decline observed at the end of May [2][3] - The drop in European markets, with indices like Germany and France falling over 1.5%, has increased liquidity pressures on the A-share market, as foreign capital may withdraw in response to global risk aversion [3] Group 2: Domestic Support Factors - Northbound capital saw a record inflow of 224.49 billion yuan on May 30, indicating strong foreign confidence in Chinese assets, with significant investments in sectors like financials and consumer goods [5] - The upcoming Lujiazui Forum on June 18-19 is expected to announce major financial policies, further enhancing market expectations for growth-supporting measures [6] - The stabilization of the RMB exchange rate and the actions of the State Administration of Foreign Exchange are providing a solid foundation for the market, helping to attract foreign investment and bolster market confidence [6] Group 3: Market Trends and Predictions - The Hong Kong market exhibited a "V-shaped" recovery on June 2, which may signal a potential emotional recovery for the A-share market, as historical trends suggest that A-shares often follow Hong Kong's lead [7] - The A-share market is anticipated to open lower but may experience a rebound if it can hold above the critical support level of 3100 points, which is a significant psychological barrier [8] - The focus of market recovery is likely to shift towards large-cap stocks, especially as the upcoming half-year report period increases attention on companies with stable earnings and cash flow [10] Group 4: Sectoral Investment Opportunities - The semiconductor and AI sectors are highlighted as having substantial growth potential due to ongoing technological advancements and increasing market demand [13] - Consumer sectors, particularly those related to e-commerce, are expected to benefit from the upcoming 618 shopping festival, presenting investment opportunities [13] - Defensive investments in high-dividend sectors such as coal and electricity are recommended to provide stable returns amid market volatility [13]