Brokerage firms' top stocks in March all turned red! In April, the electronics industry’s popularity was halved, with the power equipment sector topping the charts.

Ask AI · Which sectors have oversold rebound opportunities amid market adjustments?

21st Century Business Herald Reporter Sun Yongle

In April, the latest batch of recommended stocks from securities firms was released, showing a clear shift in sector preferences: the electronic sector, which had been leading for two years, saw its popularity halved, while power equipment, benefiting from favorable industry conditions, took the top spot and became a focus for institutional recommendations.

In terms of individual stocks, Zhongji Xuchuang, CATL, Zijin Mining, BYD, China National Offshore Oil Corporation, WuXi AppTec, Wanhua Chemical, and Anjoy Foods ranked high in recommendation frequency.

Looking back at March, the overall performance of securities firms’ recommended stock portfolios was poor. Data from research reports shows that the overall return of the securities firms’ recommended stock portfolios in that month was -8.4%, with a return of 0.0% since 2026.

For April, sell-side institutions generally believe that the market currently faces dual validation from geopolitical conflicts and earnings performance. They recommend focusing on defensive sectors, growth sectors with strong industry confidence and oversold rebound opportunities, and paying attention to individual stock opportunities driven by earnings performance.

Guotai Haitong Strategy Chief Fang Yi straightforwardly said, “Don’t lose your composure,” emphasizing that the important bottom and turning point of the Chinese stock market are emerging. Market adjustments are actually opportunities, and active positioning is advised.