Front-month CSI 300 index futures (IF) down 0.01%; front-month SSE 50 futures (IH) up 0.26%; front-month CSI 500 futures (IC) up 0.62%; front-month CSI 1000 futures (IM) up 0.45% at the morning open.

马来西亚经济部长：预计肥料成本将上涨15%-20%，牲畜饲料成本预计上涨8%。

Zhongtai Securities says the market will likely hold a clear bottom and consolidate over the next one to two weeks. After major IPO listings, falling uncertainty and repaired sentiment could lift the market toward prior highs or new highs. Leadership is expected to remain a diffusion across technology names rather than a broad style rotation. High-conviction tech plays: storage, semiconductor equipment and the overseas compute chain, with storage and chip equipment seen as most certain. Non-tech pockets to watch: new energy, AI-related specialty materials and minor metals, construction machinery and securities brokers. New energy is supported medium-term by higher power demand from AI compute expansion and export demand. In AI materials, a price upcycle in copper-clad laminate (CCL) has begun. Brokers should benefit from IPO cornerstone buying and higher trading activity, offering tactical swing opportunities.