Late April may mark a critical turning point as the market further focuses on earnings certainty

【Late April or a key turning point; the market further focuses on earnings certainty】Caixin Media, April 7—Ahead of the Qingming holiday, the A-share market exhibited a choppy and differentiated trading pattern as pre-holiday risk-avoidance sentiment and disruptions from Middle East geopolitical conflicts became intertwined. In view of the frequent and recurring Middle East geopolitical conflicts, this week’s institutional strategy outlook report judges that late April may become a key time window for marginal improvement in conditions at home and abroad. Meanwhile, as capital’s sensitivity to marginal changes in Middle East geopolitical conflicts gradually weakens, the A-share market has most likely already probed the bottom in the short term. Going forward, as listed companies’ annual reports and first-quarter reports are disclosed in rapid succession, active capital is expected to gradually shift toward pricing based on fundamentals, in order to find opportunities for industry momentum and earnings certainty amid external uncertainty. (Securities Daily)