Although all major market indices recorded negative returns this week, there are some highlights worth watching. First, at the end of the Thursday and May trading period, mainstream ETFs in the market ushered in large capital purchases. According to the rules since 2024, this is often one of the signs of bottom formation; second, Hang Seng Technology, which first began adjustments in October last year and is leading the trend. The decline was significantly less than that of the A-share index in the middle of this week. It is expected to take the lead in stabilizing at an important time point next week; Third, the Shanghai Composite Index once bottomed out at 3674.82 points this week, away from the low point of 4.364.7 of the “924 Market” 40 points is one step away, and it is a strong development based on that point The counterattack proved the effectiveness of this support.

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