A recent research report by Huatai Securities reveals that the average daily trading volume in the A-share market surged last week, nearing the RMB 2 trillion milestone. Market fervor is primarily fueled by themes encompassing new infrastructure demand, the Hainan Free Trade Zone, and the Artificial Intelligence Conference. Trading funds remain dynamically engaged, and as the policy window period draws near, the market is anticipated to sustain its momentum, characterized by a rising base, high-frequency fluctuations, and heightened local activity. Looking ahead to the medium-term horizon, the trend of "anti-involution" is poised to propel a rebound in the return on equity (ROE) of A-shares, underpinned by favorable factors such as a shift to a constructive policy cycle, stabilization of the real estate sector, and incremental funding bolstering valuation recovery. In terms of asset allocation, investors are advised to concentrate on potential catch-up stocks, encompassing aviation equipment, wind power, gaming, robotics, and the digital economy, along with medium-term "anti-involution" logical plays, like certain chemicals and battery sectors. Strategically, it is recommended to maintain an overweight position in large financial institutions, innovative pharmaceuticals, and the military industrial complex.