Galaxy Securities: Sector rotation accelerates, focus on structural investment opportunities

36Kr learned that a research report from Galaxy Securities believes that the A-share market is returning to a slow bull trend, with an accelerated pace of sector rotation, but the upward trend remains unchanged. Recent counter-cyclical adjustments have cooled the market, reflecting the regulatory signal of "stability as the priority," aimed at solidifying the foundation for the market's long-term stable operation. In the first year of the 14th Five-Year Plan, macro policies are actively laid out, collaboratively implementing a "combination punch," involving the introduction of structural monetary policies, increased fiscal subsidies, optimization of "two new" policies, and the planning and formulation of the implementation plan for expanding domestic demand over the next five years. In the short term, the spring market continues, and the probability of subsequent sector rotation and price increases is relatively high, with the importance of performance fundamentals increasing