$SSE Index(000001.SH)#2024.12.04 Midday Strategy# Further pullback in individual stocks this morning, but relatively mild with few big drops or limit-downs

The Shanghai Index showed signs of turning positive before the midday close. The index can't fall much further given the upcoming policy meeting expectations

However, sector rotations remain as fast as yesterday - shifting from chips and minor metals at open, to consumer staples mid-session, then to robotics and industrial machinery before close

Money keeps jumping around without any sector gaining sustained momentum to drive market sentiment, so rotation strategy remains key

The most resilient trend recently is undoubtedly humanoid robotics, with Wuzhou Xinchun hitting 4 straight limit-ups, while Fenda Technology and Meditech maintain strong upward trends

The market is refocusing on low-price stocks now. For potential robotics catch-up plays, prioritize those priced between 3-6 yuan with low share prices