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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.Second, the analysis of the reasons for high opening and low walkingPolicy 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.

Sector differentiation: Although about 2,900 stocks in the whole market rose, the performance differentiation of the sectors was obvious, with humanoid robots and other sectors leading the gains, while cultivating diamonds and other sectors leading the declines. This differentiation led to the lack of unified upward momentum in 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.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.

IV. ConclusionRapid release of market sentiment: After the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting released a positive signal, the market's expectations for policies have been fully reflected in the high opening of the market. With the rapid release of positive sentiment after the opening, the market lacked further impetus, which led to the decline of the index.IV. Conclusion