finalfantasynftgame|泓德基金：A股市场情绪明显转暖，香港市场表现亮眼

Last week entered Labour Day short holidayFinalfantasynftgameThe domestic equity market has only two trading days, and after Monday's market rally, it fluctuated moderately throughout the day on Tuesday, with average daily trading volume breaking through the trillion yuan mark, which is more active than in previous pre-holiday trading weeks. Hongde Fund said that from a structural point of view, due to the Politburo's position on the new digested inventory of real estate, the market is more positive about the follow-up real estate-related policies, with the real estate industry leading the growth. During the holiday break in the mainland, the Hong Kong market performed brightly, with the Hang Seng Index and the Hang Seng Technology Index rising 4% on Thursday and Friday respectively.Finalfantasynftgame.01% and 7Finalfantasynftgame.31%, which fills investors with the opening of the post-holiday A-share market.FinalfantasynftgameI look forward to it.

On the whole, the statement of the Politburo meeting is more positive than the market expected. against the background of a good start to the national economy in the first quarter, it further emphasizes the need to effectively consolidate and strengthen the economic recovery for the better situation. at the same time, it is required to rely on forward efforts to effectively implement the established macro policies, dispelling the market's worry that macro-control is stepping on the brakes. The Hongde Fund pointed out that after the disclosure of the annual report and the quarterly report, we will focus on the industry sectors associated with new productivity and scientific and technological innovation in the coming period of time. At the same time, with the large-scale equipment renewal and the gradual landing of the consumer goods trade-in program, investment opportunities in the field of domestic demand are also worth looking forward to.

From the perspective of the bond market, Hongde Fund said that last week (April 28-April 30), long-term bond risk concerns were somewhat converged before the festival, and the bond market "headwind" continued, but on the 30th the central bank reversed the repurchase and returned to a large amount, alleviating the bond market tension to a certain extent, superimposed by the influence of factors such as the fact that PMI did not exceed market expectations, the release of the final meeting of the Politburo, stock and debt "seesaw" effect and other factors, bond market interest rates fell quickly again. The overall interpretation of the "roller coaster" market.

Risk Tip: the views and judgments in this material are for reference only and do not constitute the final operational recommendations or actual investment results of investment, legal, accounting or tax. The fund manager does not guarantee that the views and judgments will not be adjusted or changed, and does not guarantee the final operation recommendations as to the contents of the materials. Investment is risky, so you should be careful when entering the market. Fund products are issued and managed by fund management companies, and sales institutions do not bear the responsibility of product investment and payment risk management.