Over the weekend, regulators swung the big stick again. DouShen Education, a seemingly reputable company, was officially investigated. Then, rumors started spreading, and the new delisting rules were thrown into the spotlight. It was destined to be a rough day today.

At the opening, small-cap stocks plunged like a suicide dive, dragging down market sentiment. Thematic stocks were completely wiped out, leading to an even worse crash than last Tuesday.

In stark contrast, the Big Four banks hit record highs—what a ridiculous twist!

The extreme sentiment clearly exceeded expectations. From a sentiment perspective alone, there's room for a rebound tomorrow.

If there is a rebound, focus first on sectors where capital has been heavily invested recently.

I’m still bullish on computing power, especially ByteDance-related plays, followed by self-reliance and controllability.

As for high-dividend stocks, especially in banking and insurance, I don’t see a sustained rally. The market is still dominated by speculation, so themes rule.

That’s the expectation, but the actual movement will depend on intraday capital flows.

A brief surge pushed the index toward 3400, but the afternoon saw a clear pullback. All three major indices closed in the red.

For the upcoming market, here’s my take: the latter half of the week should present solid opportunities.

However, many problematic, underperforming, and ST stocks will face a major test soon! Stay alert to risks—everyone should be cautious.