Peripheral disturbances are gradually dulling, and institutions are optimistic that the heat of the technology sector will continue.

The brokerage strategy report believes that although the situation in the Middle East is in a tug-of-war state and there are still many variables in its direction, the phase with the greatest geopolitical impact has passed, and the market's reaction to external disturbances is gradually weakening. Currently, it is the period of intensive disclosure of A-share financial reports, with leading companies in the technology growth track such as computing power, energy storage, and optical communications showing strong profit certainty. The trend of funds continuing to concentrate on high-growth sectors with a prosperous outlook will last for some time. From the trend analysis, institutions unanimously believe that the geopolitics in the Middle East will continue to fluctuate, but market volatility has fallen back to pre-conflict levels. This shows that global funds are gradually becoming desensitized to geopolitical risks, and the pricing focus of A shares has also shifted towards fundamentals and business outlook.