A-share technology growth sector experiences a massive shakeup at high levels, institutions: the high prosperity trend remains unchanged.

Last week, the A-share market adjusted after reaching high levels during a continuous climbing phase. In terms of market structure, the technology sector, which had been leading the way, experienced a significant retreat, with the performance of some popular AI stocks becoming a catalyst for changing market sentiment. Looking ahead to the last week of April, brokerage strategy reports generally believe that external risks are diminishing, the domestic economy is fundamentally improving, and liquidity expectations are positive, all of which support the resilience of A-shares. In the short term, the concentration of chips in some focus sectors has reached historical highs, coupled with the approaching May Day holiday, market risk appetite may converge. However, from a medium to long-term perspective, the global resonance of the technology industry and the logic of domestic enterprise profit recovery remain unchanged, and the high prosperity of the technology growth track is expected to be further validated.