CICC: Reassessing the Outlook for the Revaluation of Chinese Assets
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CICC analyzed the prospects of asset revaluation in China, pointing out that after a rapid rise in the market post-holiday, both the Hang Seng TECH Index and the Hang Seng Index reached new highs. Despite the strong performance of the technology sector, the market has shown signs of fatigue in the short term, requiring continuous catalysts to sustain the upward trend. Overall, this round of market activity is a sentiment-driven structural bull market, with a narrow rebound range primarily driven by a few technology stocks
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