After the situation in the Middle East, the new main line of A-shares has become increasingly clear

Under the influence of the Middle East situation, the A-share market has shown significant differentiation. Small and mid-cap stocks and dividend strategies performed excellently, with the Wind Micro-Cap Index rising by 14.47%, while the CSI 300 only slightly increased by 0.85%. Retail investors have become the main source of incremental funds, while institutional funds have flowed out. The market differentiation is mainly reflected in the strong performance of resource cyclical stocks, the infrastructure industry chain, and high-end manufacturing, while the commerce, retail, and financial sectors are under pressure. Policy drivers and geopolitical factors are reshaping market logic, with rising demand for new energy infrastructure and breakthroughs in AI technology driving growth in computing power demand