STOCKS | CITIC Securities Predicts Structural Bull Market for A-Shares in Late 2026

On May 14, CITIC Securities released a research report forecasting a structural bull market for A-shares in the latter half of 2026. According to Jin10, the report suggests that structural prosperity and concentrated capital will drive this bull market, advising investors to follow an investment strategy centered on 'prosperity as the main theme.' The focus should be on two key prosperous lines: 'computing power bull' and 'recovery bull.' The AI computing power line is far from reaching a full-blown bubble stage, with attention on the expansion of prosperity across the entire industry chain. The 'recovery bull,' driven by 'PPI-external demand,' is highlighted as another key theme for this year.