A-share market analysis | Strong rebound in entrepreneurship and innovation! The Shanghai Composite Index recovers 3900 points again, and the chip sector triggers a surge in limit-up stocks.

Today, the market rebounded strongly, with the Growth Enterprise Market (GEM) and the Science and Technology Innovation Board leading the gains by a large margin. The Shanghai Composite Index also regained the 3900 points mark. The market's total turnover for the day was 1.8 trillion, an increase of over a trillion compared to the previous trading day, with over 4600 stocks in both markets rising. On the news front, an article in today's Study Times stated that efforts to stabilize the stock market will boost consumer confidence for LBX Pharmacy Chain Joint Stock. The article pointed out that the stock market is a barometer of economic development, affecting the wealth accumulation and consumption confidence of millions of families. Strengthening policy coordination is a key measure to promote the stable stock market and stimulate positive consumption resonance. Monetary policy should maintain reasonably adequate liquidity to provide financial security for the operation of the capital market. On the market front, large financial sectors such as securities and banks rose, with Agricultural Bank Of China hitting a record high with 13 consecutive gains; mining hardware such as CPO continued to rebound, leading companies like Eoptolink Technology Inc., Zhongji Innolight, Suzhou TFC Optical Communication surging; new themes emerged, with a rise in technology concepts, leading to Shanghai SK Petroleum & Chemical Equipment Corporation, Sinopec Oilfield Equipment Corporation hitting the limit up, driving sectors like deep-sea technology, engineering machinery, shale gas, and methane hydrate collectively strong; in addition, sectors such as non-ferrous metals and wind power saw significant gains. On the downside, the coal sector corrected, and Shanxi Antai Group hit the limit down at one point. Looking ahead, Orient believes that in the short term, in terms of market sentiment, the effect of making money and market heat are approaching neutral levels, and expecting the stock index to strengthen is not very realistic; range-bound trading remains the main feature of the market. In terms of individual stocks, there were 4628 gainers, 729 decliners, and 81 stocks with no change in both markets. There were a total of 93 stocks hitting the limit up and 5 stocks hitting the limit down. At the close, the Shanghai Composite Index rose by 1.36% to 3916.33 points, with a turnover of 837.9 billion yuan; the Shenzhen Component Index rose by 2.06% to 13077.32 points, with a turnover of 1036 billion yuan. The GEM Index rose by 3.02% to 3083.72 points. Funds Movement: Today, major funds are focusing on the communication equipment, securities, consumer electronics, and other sectors, with the top net inflow stocks being Luxshare Precision Industry, Eoptolink Technology Inc., Foxconn Industrial Internet, etc. News Recap: 1. National Medical Products Administration: Increase support for medical device R&D innovation, accelerate the pace of innovative product launches 2. Contemporary Amperex Technology: Plans to build over 2500 chocolate charging stations in more than 120 cities by 2026 3. China Association of Automobile Manufacturers: Exports of new energy vehicles continue to grow rapidly, with over 600,000 vehicles exported in September 4. Science Corporation helps blind patients restore vision through retinal sub-microchip Market Judgment: 1. China Securities Co., Ltd.: Rotation continues with reduced volume, style shifting has begun 2. China Galaxy: Short-term market style shift, focus on the expectations of the "15th Five-Year Plan" 3. Orient: Range-bound trading remains the main feature of the market