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Policy support: Considering the positive tone of the Political Bureau of the Communist Party of China (CPC) Central Committee Conference on economic work in 2025, it is expected that the policy support will continue to provide support for the market. In particular, the emphasis on the integration of scientific and technological innovation and industrial innovation may have a positive impact on the scientific and technological sector.Second, the analysis of the reasons for high opening and low walkingMarket sentiment: Although there is a phenomenon of high opening and low going today, market sentiment is expected to gradually pick up, and investors' confidence in the market outlook will gradually increase.

Changes in funds: Northbound funds are expected to continue to flow in, providing incremental funds for the A-share market. Meanwhile, the gradual entry of retail investors is also expected to bring vitality to the market.

Cautious attitude of funds: Although the market opened higher, the turnover of the whole day was 2.2 trillion yuan, which was 565.7 billion yuan more than that of the previous trading day, showing the cautious attitude of funds at a high level, and some funds chose to take profits.IV. ConclusionPolicy support: Considering the positive tone of the Political Bureau of the Communist Party of China (CPC) Central Committee Conference on economic work in 2025, it is expected that the policy support will continue to provide support for the market. In particular, the emphasis on the integration of scientific and technological innovation and industrial innovation may have a positive impact on the scientific and technological sector.