A-share opening express | A-share three major stock indices collectively opened lower, with the Shanghai Composite Index falling by 0.02%, and the controllable nuclear fusion sector performing actively.

A-shares saw a collective opening decline in the three major stock indexes, with the Shanghai Composite Index falling by 0.02% and the ChiNext Index falling by 0.26%. On the market, the controllable nuclear fusion sector was active, while the storage chip, cultivated diamond, and CPO sectors led the decline. Institutional Outlook Huatai: There is a high probability of the index continuing to break through upwards. Under the "anti-inner degeneration" policy, related industries will see improvement. Huatai stated that the current bull market is structurally prominent, with the market's trading direction being more concentrated. Due to the existence of mainline clustering, it implies that the subsequent market trends are more likely to be disturbed by trading structure risks. In the short term, after the China-US negotiations at the end of October, negative factors restraining the market are expected to be digested. If the negotiations do not reveal further unfavorable factors, the market may break out of the consolidation range. With the increase in risk appetite, there is a high probability of the index continuing to break through upwards. At the same time, the top-level plan for the "Fifteenth Five-Year Plan" has set the direction for national development in the next five years, and the subsequent implementation of specific policies will be crucial. The future period is a phase of intensive policy, and related event-driven opportunities are worth paying attention to. Huajin Securities: The trend of a slow bull market and the technology trend remain unchanged. Consider allocating to the technology sector such as CKH HOLDINGS and some cyclicals, core assets, etc. Huajin Securities stated that the trend of a slow bull market and the technology trend remain unchanged. Industry allocation: in the short term, continue to allocate to technology such as CKH HOLDINGS, some cyclicals, core assets, etc. It is recommended to allocate to sectors benefiting from the upward trend of policies and industries: communication (computing power), electronics (semiconductors, consumer electronics), media (games, AI applications), mechanical equipment (Siasun Robot&Automation), computers (AI applications, autonomous driving), non-ferrous metals, chemicals, etc.; sectors benefiting from the "Fifteenth Five-Year Plan" and third-quarter performance improvement: new energy, pharmaceuticals, consumer goods (food, retail trade), defense industry (commercial aerospace), etc. Orient: Shanghai Composite Index breaks through 4000 points, and may face trading-related volatility disturbances in the future, but it does not affect the continuous climbing of the stock indexes. Orient stated that overall, after the Shanghai Composite Index broke through 4000 points, the market trading activity has slightly decreased, and the intra-day volatility of major indexes has increased. Various entities are somewhat divided at the market's relatively high levels. The market may still face trading-related volatility disturbances in the future, but it does not affect the continued upward climb of the stock indexes. This article is reprinted from Tencent Stocks, edited by Chen Xiaoyi for GMTEight.