Standing at the beginning of the “15th Five-Year Plan,” many domestic and foreign investment banks believe that expectations for global capital to return to China will heat up in 2026, which is expected to inject incremental vitality into the market. At the same time, the profit recovery trend in the capital market is gradually becoming clear, and structural opportunities are highlighted: technological innovation, manufacturing globalization, and procyclical recovery have become the core main lines, and directions such as commercialization of AI, Chinese enterprises going overseas, and revaluation of resources and goods have attracted much attention. In terms of commodities, gold is expected to continue to reach new highs with the support of central bank purchases and the Federal Reserve's interest rate cut cycle. Copper has been favored for a long time due to limited supply and rising demand, while the crude oil market is under pressure from oversupply.

Standing at the beginning of the “15th Five-Year Plan,” many domestic and foreign investment banks believe that expectations for global capital to return to China will heat up in 2026, which is expected to inject incremental vitality into the market. At the same time, the profit recovery trend in the capital market is gradually becoming clear, and structural opportunities are highlighted: technological innovation, manufacturing globalization, and procyclical recovery have become the core main lines, and directions such as commercialization of AI, Chinese enterprises going overseas, and revaluation of resources and goods have attracted much attention. In terms of commodities, gold is expected to continue to reach new highs with the support of central bank purchases and the Federal Reserve's interest rate cut cycle. Copper has been favored for a long time due to limited supply and rising demand, while the crude oil market is under pressure from oversupply.