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Zheshang Securities: A-share strategy will shift from AI "K-shaped" divergence to "diamond-shaped" mid-section thickening, but not a full-blown bull market
The brokerage pointed out that the "K-shaped" pattern of excessive capital concentration in AI technology is unsustainable, due to a shift in the AI narrative's slope, deteriorating market microstruct
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Zheshang Securities: A-share strategy will shift from AI "K-shaped" divergence to "diamond-shaped" mid-section thickening, but not a full-blown bull market
The brokerage pointed out that the "K-shaped" pattern of excessive capital concentration in AI technology is unsustainable, due to a shift in the AI narrative's slope, deteriorating market microstruct
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Zheshang Securities
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