Zhongyuan Securities: Short-term recommendations focus on investment opportunities in the non-ferrous metals, real estate, aerospace and aviation industries.

Zhongyuan Securities stated that multiple favorable policies are forming, providing strong support for the market; residents' savings are accelerating their transfer to the capital market, forming a continuous source of incremental funds. The overall profit growth rate of A-share listed companies in 2025 is expected to turn positive from negative, with the most significant profit elasticity in the field of technological innovation. The Fed signals a rate cut, with expectations of loose global liquidity. The weakening of the US dollar benefits the return of foreign capital to A-shares. In the medium to long term, the three major drivers of residents' savings transfer, policy dividends release, and profit cycle recovery remain solid, and the mid-term slow rise trend is expected to continue. It is expected that the short-term market will mainly see steady and upward fluctuations, and close attention should still be paid to changes in policy, funds, and the foreign market. For short-term investment opportunities, it is recommended to focus on industries such as non-ferrous metals, food and beverages, real estate, and aerospace.