Huaxi Securities: The post-holiday A-share market "opening red" is worth looking forward to, AI+ is expected to become an important theme in May.

Huaxi Securities research report stated that during the May Day holiday, the easing expectations of Sino-US economic and trade tensions have led to a rebound in global risk appetite, with the rapid appreciation of the Renminbi exchange rate driving a significant rebound in Chinese equity assets. The "Red Opening" of A-shares after the holiday is worth looking forward to. In terms of structure, AI+ is expected to be an important theme in May. On one hand, overseas capital expenditure in the AI field by manufacturers remains high, and the domestic technology industry is also at a critical point of breakthrough. In May, there are still many catalysts in the AI field. On the other hand, the collective study of the Political Bureau of the Communist Party of China emphasized self-reliance, self-improvement, and application-oriented development. The long-term and domestic AI industry chain and AI application development both hold huge potential.