Zhejiang Merchants Securities: The growth adjustment weight rebounds, new positions are waiting on the right foot, and the style is slightly balanced.

Zheshang Securities stated that, in terms of allocation, based on the judgment of "the technology growth adjustment weight index rebounds, new positions are waiting for the right time, and the style is slightly balanced", we suggest the following: existing medium-term positions can continue to be held, and when the Shanghai Composite Index retraces to the previous low and forms a "golden right foot", additional allocation can be made appropriately; the investment strategy towards the Growth Enterprise Index should be handled with caution in a range-bound manner, the closer it gets to the 60-day moving average, the more positive one should be, and the closer it gets to the previous high point, the more cautious one should be. As for industries, the Dual Innovation Index is still the focus of the market's attention and should still be held as the main theme. However, considering the recent volatility and the preference for stable styles in the market, it may be appropriate to switch some positions to dividend and large financial sectors.