--- title: "Mood improved!" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39884596.md" description: "$Shanghai Composite Index sh000001$ The market continued to fluctuate yesterday, with trading volume shrinking by 170 billion yuan, nearly 3000 stocks declined, but the overall feeling is still okay, no crash. Now A-shares seem to be moving independently, but any movement in the Middle East still affects sentiment, so trading volume can't really pick up. To put it positively: there aren't any major negative factors for the market right now, it's just hovering at relatively low levels. If the situation over there can ease up a bit, that might be the turning point for sentiment. And honestly, the impact of this Middle East mess on A-shares is getting smaller and smaller, almost desensitized. In the short term..." datetime: "2026-04-14T02:11:43.000Z" locales: - [en](https://longbridge.com/en/topics/39884596.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39884596.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39884596.md) author: "[点金胜手](https://longbridge.com/en/profiles/12090136.md)" --- # Mood improved! $Shanghai Composite Index sh000001$ The market continued to fluctuate yesterday, with trading volume shrinking by 170 billion yuan, nearly 3000 stocks declining, but the overall feeling is still okay, no crash. Now A-shares are showing some signs of moving independently, but any movement in the Middle East still stirs up sentiment, so trading volume has been unable to expand. To put it positively: there aren't any major negative catalysts for the market right now, it's just hovering at relatively low levels. If the situation over there can ease a bit, that might be the turning point for sentiment. And to be honest, the impact of this Middle East issue on A-shares is getting smaller and smaller, almost becoming desensitized. In the short term, that gap below won't be easy to fill, the index is likely to oscillate between 3955 and 4014. In terms of sectors, it's still rotation. The recent characteristic is institutional stocks repeatedly strengthening, such as computing power, CPO, rare earths. But the core that never changes is just one thing — earnings. Various high-performing sectors take turns, while oversold directions like photovoltaics, lithium batteries, and power play seesaw with them. Let's mention a few key directions: AI hardware, tech (storage), lithium/solid-state batteries, earnings plays, commercial aerospace. AI hardware: The sky's the limit. Optical modules stand out alone, those stocks in the overseas chain continue to hit all-time highs. I'm still bullish on several hardware segments and the upstream/downstream. Be cautious with high-priced stocks, but relatively low-priced PCBs and the upstream/downstream are fine. Tech (Storage): Focus on storage chips, storage equipment, mid-term look at semiconductor materials. The logic is simple, two major storage manufacturers are about to list, expansion is inevitable. Storage earnings are exploding, driven by industry logic. The three major module manufacturers — Deming, Jiangbo, Baiwei — all have their own products. Also Xiangnong, many still think he only does distribution, but actually his enterprise storage has grown very fast, entering data centers like Alibaba. Right now there's only the earnings forecast, more detailed data will come with the Q1 report, then we can verify. Others are equipment, semiconductors. Recently everyone's eyes are on the Strait of Hormuz, but ignoring Japan over there. The downgrade incident actually has deep implications, so any domestic substitution for semiconductor materials and equipment will become a more realistic issue. New Energy: Lithium batteries, solid-state batteries, residential storage, just watch these three. Those with mines at home have price increase expectations. Solid-state batteries are a major industrialization trend, 2026 feels like a big opportunity. Residential storage explosion in Europe is inevitable, just waiting for an order or news catalyst. Data also confirms: Q1 2026 global energy storage battery shipments grew 117% year-on-year, China even 115%. Other directions: Brokerage — CITIC, Eastmoney are both emerging from the bottom, can keep an eye on. Military — there are order rumors, but we dare not say much, just follow the chart. Commercial aerospace — quite a few catalysts. Earnings plays: The most certain, safest direction. Do more in this direction in late April, simply put, certainty is the greatest safety. Currently, lower overall expectations. Only when expectations are low, is it easy to exceed them. Control positions, roll over, might be a more reasonable play. Buy a little when there's divergence, then wait. After all, external news will still come to stir us up. ### Related Stocks - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [300059.CN](https://longbridge.com/en/quote/300059.CN.md) - [01876.HK](https://longbridge.com/en/quote/01876.HK.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [KBAB.US](https://longbridge.com/en/quote/KBAB.US.md) - [BABO.US](https://longbridge.com/en/quote/BABO.US.md) - [BABX.US](https://longbridge.com/en/quote/BABX.US.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md)