Galaxy Securities: At present, it is still in the rebound market jointly promoted by multiple factors

Golden Ten Data on March 16, Galaxy Securities Research Report believes that April is the intensive disclosure period of annual reports and quarterly reports, and the company’s fundamentals and performance will be the focus of market attention. From mid-March to mid-April, there may be a short-term adjustment, after which the market is expected to continue to fluctuate upward, and the valuation center of A-shares is expected to continue to rise. At present, it is still in a rebound market driven by multiple factors, including: 1) liquidity recovery, incremental funds continue to enter the market; 2) After the two sessions, the implementation of policies will be accelerated, and technology industry trends such as AI applications and low-altitude economy are expected to continue to become the main line of the market. 3) At present, the economic data is recovering steadily, and investor confidence will continue to recover; 4) April is the performance verification period, then mid-March to mid-April is just in the performance of the investment window period, the future policy may be positive, the market in the context of the overall easing of liquidity, investors’ expectations for the follow-up corporate earnings improvement strengthened, driving the market risk appetite to continue to increase. Companies and sectors with performance exceeding expectations are expected to be favored by the market, and funds will be concentrated in sectors and individual stocks with good performance and reasonable valuations. AI+ has entered the stage of industrial acceleration, with the launch of new consumer electronics products, high market activity, and strategic optimism about investment opportunities in the technology industry trend, and it is recommended to focus on value stocks with excellent performance in the technology sector.