China Galaxy Securities: The market may show a fluctuating upward trend from mid-May to mid-June.

China Galaxy Securities stated that from mid-May to mid-June, the market may show a fluctuating upward trend, but the pace may exhibit some repetition. The market has already increased under the protection of the policy "combination fist" and expectations of improved external conditions. After entering mid-May, although policies will continue to exert force, there are still some disturbances such as fluctuations in funding and uncertainties in the external environment. Therefore, the overall approach is to digest the previous gains with a fluctuating upward trend and await new catalytic factors.