Gelonghui May 5| CICC Strategy released a report sayingpokerdecks,pokerdecksDuring the May Day holiday in mainland China, major stock markets around the world generally rose, with China-related assets performing particularly well. The cumulative increase in the Hang Seng Index and the Hang Seng Technology Index in May was 8% and 5% respectively. The US dollar index and US bond yields both fell. Looking forward, considering that the overall valuation of A-shares is currently not high, and the historical vertical and horizontal comparison with major global markets are good investment attractiveness, we believe that the A-share repair market is still expected to continue, and market opportunities outweigh risks. Combined with the domestic and foreign environment during the May Day period, we believe that A-shares are expected to have a "good start" after the holiday.