Everbright Securities: How Will A-Shares Move After the "Two Sessions"?

Guancha.com News: On March 15, Everbright Securities released weekend headlines and weekly strategies, indicating that geopolitical shocks are easing! How will A-shares move after the Two Sessions?

The report shows that over the past week, the A-share market generally experienced oscillation and consolidation, with major broad-based indices showing divergence.

With the conclusion of the National Two Sessions, the government work report and related development plans have been fully implemented, setting a clear tone for the year’s macro policies and industrial development. This effectively alleviates market concerns about policy uncertainty and provides solid support at the bottom.

On the international front, the evolution of Middle East geopolitical tensions still carries some uncertainty, but the most intense phase of impact on global capital markets has likely passed. The Federal Reserve’s current monetary policy faces a dilemma between fighting inflation and maintaining growth, with the pace of policy shifts remaining uncertain. However, thanks to domestic policy certainty and a relatively loose liquidity environment, A-shares have significantly increased resilience against overseas shocks, making systemic downward risks unlikely. The market is more likely to see sector-level structural rebalancing.

Currently, A-shares are in a period of clear policy guidance and easing geopolitical disturbances, with short-term market trends likely to continue oscillating and consolidating. Benefiting from clear domestic policy support and a friendly liquidity environment, there are no systemic risks, and the overall medium-term positive outlook remains unchanged.

In terms of allocation, investors can focus on three main directions: First, strategic resource commodities, paying attention to the continued improvement in supply and demand patterns and the strengthening of policy safety attributes in related sectors such as non-ferrous metals and petrochemicals; Second, technology growth themes, focusing on segments within AI computing power chains that have the potential for prosperity, as well as AI applications and advanced manufacturing sectors that combine strong industry trends with clear policy support, patiently waiting for valuation digestion opportunities; Third, domestic demand recovery themes, focusing on sectors like real estate and white spirits that are currently at historically low valuations and have potential for phased recovery.

Disclaimer: The content and data of this article are compiled by Guancha based on publicly available information and do not constitute investment advice. Please verify before use.

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