Yang noted that boosting consumption ultimately hinges on raising household incomes. As China"s capital market gradually enters a more sustained upward trajectory, the resulting wealth effect is expected to lift household assets and in turn support consumption. Coupled with the A-share market"s traditional "spring rally" pattern, equities are likely to embark on a fresh upswing after the holiday, laying the groundwork for this year"s performance, according to Yang.

　　From a macro perspective, Yang added that policy support, ample liquidity and relatively low interest rates could encourage a further shift of household savings into capital markets, providing steady incremental funds. Overall, he said, the Year of the Horse still presents considerable investment opportunities.