A-share market morning express | Index opens low and rises, with the Shanghai Composite Index turning red! Strong performance in the consumer and real estate sectors.

On November 7, the three major indexes of A-shares opened low and rose high. As of 9:44, the Shanghai Composite Index turned red and rose by 0.07%, the Shenzhen Component Index fell by 0.20%, and the Growth Enterprise Market Index fell by 0.3%. In terms of market performance, sectors such as consumer goods, real estate, semiconductors, and the automotive industry led the gains. High-priced stocks adjusted in the morning, with Shenzhen Aisidi and Wisesoft Co., Ltd. both hitting limit down, while Hytera Communications Corporation, Shijiazhuang ChangShan BeiMing Technology, Phoenix Shipping, and Qingdao Kingking Applied Chemistry all declined. In terms of main funds, funds favored industries such as liquor, real estate, and aerospace equipment, while funds flowed out of industries such as photovoltaics, securities, and aviation airports. Institutional Viewpoints: Looking ahead, EB SECURITIES pointed out that with the outcome of the US election becoming clear, it is expected that there will be a higher probability of increased stimulus policies domestically, which could benefit A-shares, leading to a continuation of the upward trend in the market. Huafu Securities stated that there is still room for A-share market to continue its upward trend. Since the end of September, various major positive policies have been announced domestically, boosting market confidence. The liquidity in the stock market has significantly improved, with trading volumes exceeding trillions yuan, and the scale of share repurchases by major shareholders has increased significantly, becoming an important source of incremental funding for the market. Historically, focusing on the technology growth sectors such as electronics and computers, which are still below historical average levels, and seeing continued repurchase activity in the industry could be a good strategy. EB SECURITIES also mentioned that there may be a continued upward trend in the market with potential positive policies coming in place. As the US election results become clearer, there may be an increased stimulus effort domestically, benefiting A-shares. With the outcome of the election, domestic substitution and focus on autonomous control may garner more attention. Dongxing Research noted that there may be a shift in market style from small to large companies. After the rise of small-cap stocks in October, mid to large-cap stocks may perform better in November. Historically, there has been a seesaw effect between small and large stocks. After a rapid rise in mid-cap and small-cap stocks, there may be demand for a rally in large-cap blue-chip companies. Popular Sectors: 1. Real estate stocks surged. Risesun Real Estate Development hit limit up for three consecutive days, while CASIN Real Estate Development Group, Yang Guang Co., Ltd., and China Fortune Land Development also hit limit up. Shenzhen Zhenye(Group), Gree Real Estate, Shang Hai Ya Tong, Shenzhen SDG Service, Macrolink Culturaltainment Development, Shenzhen Worldunion Group Incorporated rose by more than 5%. 2. Consumer goods sector showed activity. Nanfang Black Sesame Group surged for five consecutive days, while Nanjing Central Emporium(Group) Stocks had three limit ups in five days. Shandong Huifa Foodstuff, Maiquer Group, and Dalian Friendship also hit limit up. Xinjiang Western Animal Husbandry, Yonghui Superstores, Chongqing Department Store, and Zhongbai Holdings Group rose by more than 5%. This article is reprinted from "Tencent Stocks Selection". Editor: Chen Xiaoyi.