According to the Research Reports from Sinolink, the core drivers of the "Spring Rally" have always been the fundamentals and liquidity, likely not dominated by "sentiment factors." Currently, all five rules of the "rally market" are still satisfied, maintaining a Bullish view on the "Spring Rally." In January 2025, there may enter an "acceleration phase" under expectations of incremental liquidity.
国金证券：维持看好“春季躁动”观点不变
Sinolink: Maintain a Bullish view on the "Spring Rally".
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