A-share Market Review | Three major indexes collectively fell, speculation on the Chinese zodiacs rises again! "Horse" related stocks active

Today, the market opened low and continued to fall, with all three major indexes collectively closing lower. High-dividend assets continued to strengthen, with sectors such as banking, coal, electricity, and road and rail transportation all rising. In the afternoon, stocks with the character "Ma" were active against the trend. Today's market turnover exceeded 1.9 trillion, down nearly 200 billion from the previous trading day, with over 3600 stocks falling in both markets. GF SEC stated that the market's fluctuations in November have the weakest correlation with fundamentals, showing characteristics of "anti-fundamental" and "forward gambling." In terms of allocation, it is not recommended to switch frequently between styles. It is suggested to initially invest in sectors that are at low levels, undervalued, and have expectations of profit recovery, such as end-use applications (consumer electronics), and to increase allocation further after the industry trends become clearer. On the market front, local stocks in Fujian and cross-strait integration concepts led the gains, with Strait Innovation Internet rising over 18% at close. High-dividend assets were strong throughout the day, with the banking sector protecting the market. Coal, electricity, and road and rail transportation sectors were among the top gainers. The tourism sector continued to rise, with Dalian Sunasia Tourism Holding hitting the limit up, reaching new highs. The storage chip sector was also active, with Winnovation Culturaltainment Development hitting the limit up for two consecutive days. Furthermore, in the afternoon, stocks with the character "Ma" continued to be active against the trend, with several stocks hitting the limit up. On the downside, precious metals, wind power equipment, and humanoid Siasun Robot & Automation sectors were at the forefront of declines. Looking ahead, Shenwan Hongyuan Group stated that factors triggering an upward breakthrough in the A-share market still need to be awaited, with a short-term narrow range of fluctuations continuing. Possible future rebound rallies may come from technological growth catalysts. In terms of individual stocks, 1630 stocks rose in both markets, 3650 fell, and 165 remained flat. There were 68 stocks hitting the limit up, and 11 hitting the limit down. At close, the Shanghai Composite Index fell 0.41% to 3960.19 points, with a turnover of 852.9 billion yuan; the Shenzhen Component Index fell 1.71% to 13175.22 points, with a turnover of 1062.8 billion yuan. The ChiNext Index fell 1.96% to 3134.09 points. Capital flow: Today, main funds focused on banking, components, insurance, and other sectors, with the top stocks for net inflows including Inner Mongolia BaoTou Steel Union, FULONGMA GROUP, Industrial and Commercial Bank of China, etc. News Recap: 1. The public fund performance benchmark elements repository is issued for quarterly evaluation. 2. Ministry of Commerce spokesperson responds to questions about ASML related issues. 3. Li Ming, Vice-Chairman of the China Securities Regulatory Commission, talks about introducing more powerful opening measures. 4. Guizhou pushes forward the integration of the "liquor +" industry action and introduces a three-year action plan for liquor exports. Market Analysis: 1. Shenwan Hongyuan Group: A-share market short-term narrow range of fluctuations to continue, potential rebound rallies may come from technological growth catalysts. 2. CMSC: November market is preparing for a potential index-level rally at the end of the year. 3. Guosen: A-share slow uptrend expected to continue, short-term focus on AI hardware segments with favorable catalysts.