Institutional Strategy: A-Share Market Still Shows Strong Resilience Relative to Overseas Stock Markets

CaiXin Securities believes that on Tuesday, against the backdrop of rising risk appetite, the A-share market experienced a broad rebound, led by the ChiNext sector. The market showed strength in the computing hardware sector, with active cultivation diamond concepts, while oil and gas, coal, and other sectors performed relatively poorly. Overall, the A-share market has attempted to establish an independent trend in recent trading days. Coupled with the current changes in Middle East tensions and the possibility of oil prices entering a relatively stable period, the disturbances to the A-shares are expected to continue weakening. Therefore, in the short term, with reasonable position control, investors can continue to participate appropriately in the currently sustained hot sectors.

In the medium term, the impact of overseas macro events remains, and a trend-based rally is still to be awaited. Before the end of April, the market is likely to fluctuate within a wide range, with increased volatility. It is recommended to reasonably control positions and wait patiently for signs of a market turning point. However, it should be emphasized that in recent years, regulators have strengthened strategic reserve mechanisms and market stabilization measures to maintain stable market operation. The volatility of the A-share market has significantly decreased, and it is expected that A-shares will remain resilient compared to foreign markets, so excessive worry is not advisable.

Dongwu Securities believes that on Tuesday, the A-share market continued its rebound. The market focus remained on the “small lobster” concept that exploded over the weekend. However, computing power stocks experienced a rise followed by a pullback. Derivative concepts such as CPO, copper cables, PCB, cultivation diamonds, and liquid cooling showed active performance, with technology stocks still being the main market hotspot. Due to significant index adjustments last week, especially the Sci-Tech Innovation 50 Index, short-term recovery will require time. Optimistically, one can wait for the index to recover, but trading strategies should be cautious until the trend reverses. On the external front, US-Iran tensions have eased somewhat, but until a ceasefire agreement is reached, uncertainties remain.

Debon Securities states that on Tuesday, the A-share market showed a broad rise, with the technology growth sector leading the market, while cyclical sectors performed relatively weakly. The biggest change in the market came from a significant easing of geopolitical risks. Influenced by the expectation that the US-Iran conflict may end, overseas markets generally rebounded. Although market sentiment in China has improved, trading volume declined compared to the previous day. Short-term news may still fluctuate, and while risk appetite has improved, full recovery is still pending. Looking ahead, with continuous breakthroughs in AI technology, industry conference catalysts, and policy support, the technology growth sector may continue to be the main market theme. If Middle East tensions continue to ease, the market recovery trend could persist.