According to a research report by Guotai Haitong, the uncertainties that loomed prior to the Dragon Boat Festival have now been cleared, paving the way for China’s stock market to embark on a new upward trajectory. This transition is fueled by a combination of upwardly revised growth forecasts and a steady inflow of incremental capital into the market. These factors are working in tandem to create a favorable environment, particularly benefiting the technology, manufacturing, and securities/banking sectors. Meanwhile, a rebound is also anticipated in certain traditional industries.
