A-shares' closing review | Three major indexes hit bottom and rebounded throughout the day, with Huawei concept stocks strengthening significantly in the afternoon.

On September 10th, the indices hit bottom and rebounded throughout the day. By the closing bell, the Shanghai Composite Index rose by 0.28%, the Shenzhen Component Index rose by 0.13%, and the ChiNext Index rose by 0.06%. On the market, Huawei concept stocks surged in the afternoon, with the Hongmeng and foldable screen sectors showing active performance. Stocks such as LianChuang Electronic Technology, Shenzhen Farben Information Technology, and Anhui Tatfook Technology hit their daily limit up. The optical module and computing power concept stocks warmed up, with Cig Shanghai and Sichuan Huiyuan Optical Communications hitting their limit up marks. Stocks related to high-voltage fast charging rose during trading, with Jilin Jinguan Electric and Shenzhen Auto Electric Power Plant hitting their limit up marks. On the downside, popular stocks continued to decline, with multiple stocks such as Kunshan Kersen Science & Technology and Shenzhen Huaqiang Industry hitting their daily limit down. Most pharmaceutical stocks that were strong yesterday saw declines, with stocks related to pharmaceutical e-commerce and CRO leading the decline. Non-bank financial stocks like securities and insurance experienced retractions, along with weak trends in sectors like tourism, hotels, education, real estate, and airport transportation. Overall, more stocks rose than fell, with over 3300 individual stocks increasing in value. The turnover on both the Shanghai and Shenzhen markets today was 527.6 billion yuan, an increase of 9 billion yuan compared to the previous trading day. In terms of institutional views: China Securities Co., Ltd.: It is expected that the index will continue to fluctuate in the short term as it seeks a bottom CITIC SEC: It is expected that gold prices will remain high in the second half of the year Guotai Junan: Tesla's FSD is expected to enter China and accelerate the development of the intelligent driving industry Popular sectors: 1. Huawei concept stocks surged in the afternoon 2. Charging pile concept stocks strengthened 3. Banking stocks rebounded 4. Liquor stocks reboundedIt is even more necessary to have full confidence in the long-term industry attributes driven by the value of the liquor industry, and to have hope for the industry's strong vitality and sustainable potential.This article is reprinted from "Tencent Stock Picks", edited by GMTEight: Jiang Yuanhua.