A-shares dip and rebound, performance impact gradually strengthening

On March 24, the A-share market showed a dip and rebound trend. With a strong push in the late trading session, all three major indices rose, with more than 1,400 stocks increasing in value and over 50 stocks hitting the daily limit. The non-ferrous metals, home appliances, and banking zones, supported by performance, led the gains, with a trading volume exceeding 1.4 trillion yuan. Recently, the A-share market has experienced continuous fluctuations, with cautious capital sentiment. Blue-chip stocks have performed stronger than thematic stocks, while zones and individual stocks with performance support have shown slightly stronger trends, and market attention towards performance has gradually increased. Institutional investors believe that the recent market has shifted from valuation-driven to fundamental pricing, and the trend of sustained macro policy support has not changed. The adjustment range of the index may be limited, and they remain optimistic about the equity market.