CITIC Securities research report indicates that there has been a significant change in policy signals, and the market expects a major turnaround. Domestic demand policies will continue to be strengthened, and the market will usher in a major turning point. Incremental funds will concentrate on getting on board, and the market is currently in a transitional phase from the expected major turnaround to the turning point of the market. Once the price signals are confirmed, the Bull Market will feature the credit cycle as its core characteristic, and institutional investors will find a better opportunity to get on board.