China Galaxy Securities: The market may experience volatile upward movement from mid-May to mid-June.

China Galaxy Securities stated that from mid-May to mid-June, the market may show a volatile upward trend, but there will be some fluctuations in the pace. The market has already risen under the protection of policy "combinations" and expectations of improved external environment. Despite continued policy efforts in mid-May, there are still disruptions such as fluctuations in the fund and uncertainties in the external environment. Therefore, the overall trend is to absorb the previous gains through volatile upward movement and wait for new catalysts.