The market is expected to continue rising in the second quarter, and institutions suggest focusing on sub-sectors such as AI computing power and semiconductors

Against the backdrop of geopolitical conflicts in the Middle East and uncertainty in international oil prices, market short-term risk appetite is under pressure, but the medium to long-term upward foundation remains solid. It is expected that the market will continue to rise in the second quarter, with a recommendation to focus on industries such as AI computing power and semiconductors. China Merchants Securities pointed out that the acceleration of U.S. military mobilization may lead to an escalation of the U.S.-Israel-Iran conflict, and rising oil prices will exacerbate global economic stagflation concerns. Guosen Securities believes that with the easing of geopolitical tensions and domestic policy support, the market bull market background remains solid, and the industry structure will become more balanced