Market-driven logic shifts to performance validation. Institutions suggest a balanced layout.

On January 27th, the A-share market traded with lower volume and the main indexes closed in the red, with overall performance of blue-chip stocks remaining stable. Market trading activity cooled down, with the trading volume significantly lower than the previous day, and more stocks fell than rose. Sectors such as semiconductors, photovoltaic equipment, and precious metals were active, while sectors like aquaculture and liquor saw adjustments as main funds flowed significantly into the technology sector. Analysts believe that the current market logic is shifting towards performance verification, and the rotation direction may gradually shift towards areas with the ability to repair performance. Investors should adopt a more balanced asset allocation strategy, continue to pay attention to AI, high-end manufacturing and other technology growth themes, and actively seek potential investment opportunities in pro-cyclical, resource and some consumer sectors.