Chinese assets are strengthening, and A-share risk preference is expected to increase.

During the May Day holiday, Chinese assets strengthened, with the Hang Seng Index rising 1.74%, the Hang Seng Technology Index up more than 3%, and the Nasdaq Golden Dragon Index gaining nearly 3%. Analysts believe that with the rebound of overseas markets and the rise of Hong Kong stocks, the A-share market is expected to see a good start after the holiday. As annual and first quarter reports are released and the impact of tariffs gradually weakens, the risk appetite in the A-share market is expected to increase.