A-share market opening express | Three major stock indexes open with mixed gains and losses, brain-computer interface and other sectors strengthen

The three major stock indexes of A shares opened mixed, with the Shanghai Composite Index up 0.06% and the Growth Enterprise Board Index down 0.45%. On the market, the brain-computer interface, lithium mining, and humanoid Siasun Robot & Automation sectors were among the top gainers, while the communication equipment, commercial aerospace, and military sectors were among the top losers. Institutional Outlook Guotai Haitong: China's "Transformation Bull" Inherent Trend Confirmed Guotai Haitong believes that the Chinese stock market is expected to cross and stabilize at key levels: 1. The mystery of the next chairman of the Federal Reserve will soon be revealed, and the market is beginning to anticipate the prospect of a US interest rate cut in 2026. Loose overseas liquidity, coupled with pre-holiday exchange settlement, is expected to promote the stability and appreciation of the renminbi. 2. Incremental funds represented by A500ETF continue to flow in, coupled with the "opening bell" of insurance funds, further consolidating liquidity demand. 3. The decision-making level has proposed for the first time to "promote investment to stabilize and stop the decline," and Seeking Truth Network emphasizes the "improvement and stabilization of real estate market expectations." The need for further policy efforts to boost growth has raised the necessity, and "counter-cyclical and cross-cycle adjustments" are expected to increase. Overall, with the acceleration of economic transformation, the sinking of risk-free returns, and capital market reforms, China's "Transformation Bull" inherent trend is confirmed. Deloitte Securities: After A-shares usher in the opening bell, the slow bull market is expected to be more optimistic Deloitte Securities stated that looking ahead, the current trend of the renminbi against the US dollar still maintains an upward trend, and the spring market trend of A-shares is expected to gradually unfold, with expectations that the A-share market may continue its oscillating slow bull trend in the future. In response to recent market rumors, Yushu Technology stated that its listing process is still proceeding normally, and the US military actions in Venezuela have further raised the importance of oil resources. The market is still in a trend of oscillating upward growth in technology, combined with resource cycles, and it is recommended to continue to focus on commercial aerospace, AI, Siasun Robot & Automation, and other related technology fields. In addition, the future performance of the cyclic sectors such as petroleum and petrochemicals and non-ferrous metals may continue. Orient: Shanghai index breaks 4,000 points, market continues oscillating upward trend Orient believes that the early Asian markets were strong across the board, with the MSCI Emerging Markets Index up 1.1%, surpassing previous historical closing records. A-shares also showed strength, with the Shanghai Composite Index rising for the 12th consecutive day and surpassing the 4,000 point mark again. Overall, the strength of the Hong Kong stock market and the renminbi exchange rate during the holidays help boost investor confidence. The market continues its oscillating upward trend, and the policy expectations and commercial breakthroughs of new quality industries will continue to lead to increased investment in commercial aerospace, AI, brain-computer interfaces, nuclear fusion, and other emerging industries, helping to increase market risk appetite and continue to lead structured investment hotspots. This article is reproduced from "Tencent Stock Selection", GMTEight Editor: Chen Wenfang.