During the opening week of May, the overall A-share market exhibited robust momentum, witnessing a surge in average daily trading volumes since late April, and a notable resurgence in market sentiment. On May 7th, financial regulatory bodies unveiled a slew of financial policies designed to stabilize both the market and investor expectations. The swift pace of these policy announcements surpassed market forecasts, effectively bolstering risk appetite among investors. In the near term, the technology sector has shone brightly, and the A-share market's "tech narrative" is anticipated to further solidify with advancements in various industries. Looking ahead, on May 7th, the China Securities Regulatory Commission (CSRC) released the "Action Plan for Promoting the High-Quality Development of Public Funds," outlining 25 measures to steer the public fund industry towards prioritizing returns over scale. This regulatory shift may pave the way for a transformation in the A-share market's style, potentially favoring large-cap stocks and dividend-yielding assets.