Shenwan Hongyuan strategist Fu Jingtao sees A-share rebound window before spring 2027

The call's significance lies less in its bullish framing than in its timing: a named sell-side strategist putting a floor and a horizon on an oversold market, tied to a specific sector thesis in AI applications. That combination matters for how institutional positioning gets discussed into next year, since strategist windows often shape when funds feel comfortable adding risk. The open question is whether the AI-applications narrative becomes a genuine earnings story or stays a thematic label attached to an index-level rebound call.