A-share closing review | Morgan Stanley releases positive news! Igniting the financial sector, three major indexes rise in the afternoon.

Today, the market rebounded with volume, and the three major indexes quickly rose in the afternoon led by the large financial sector, with the Shanghai index reclaiming 3900 points. The market had a total turnover of 1.7 trillion yuan for the day, exceeding a trillion more than the previous trading day, with over 4300 stocks in the market rising. It is worth noting that the large financial sector rebounded strongly in the afternoon, with insurance and securities leading the gains. BOC International hit the limit up, while Ping An Insurance rose over 5%. In terms of news, Morgan Stanley, known as the "whistleblower" of A shares, unexpectedly released positive news, adding Ping An Insurance to its watchlist and maintaining it as a top pick. The bank raised Ping An Insurance's A-share target price from 70 yuan/share to 85 yuan/share, and the H-share target price from 70 Hong Kong dollars/share to 89 Hong Kong dollars/share. In the commercial aerospace sector, Shaanxi Aerospace Power Hi-tech, Essence Fastening Systems, Shanghai Aerospace Automobile Electromechanical, and Western Metal Materials all hit the limit up. Soochow stated that high-capacity, low-cost, and highly reliable reusable rockets are on the horizon, and a batch of new commercial rockets will be launched as planned starting at the end of 2025. If these reusable rockets are successful, they are expected to accelerate the development of a domestic low-orbit satellite constellation network. Looking at individual stocks, there were 4387 stocks rising in both markets, with 975 declining and 94 remaining unchanged. There were a total of 79 stocks hitting the limit up and 12 hitting the limit down. At the close, the Shanghai index rose by 0.7% to 3902.81 points, with a turnover of 716.8 billion yuan; the Shenzhen Component Index rose by 1.08% to 13147.68 points, with a turnover of 100.9 billion yuan. The ChiNext Index rose by 1.36% to 3109.30 points. Market trends: Today, the main capital focus was on the communication equipment, power grid equipment, and optoelectronic sectors. The top stocks with the most net inflows of main funds included Fujian Start Group and Jiangsu Etern. News Recap: 1. Fujian: Planning significant ideas and measures for the construction of maritime Fujian during the 15th Five-Year Plan, to be announced soon. 2. Wuhan: Striving to exceed 3 trillion yuan GDP by 2030 and build a national economic center. 3. The Chinese PV industry chain adjusts production plans for December in various segments. Market prediction: 1. Zhongtai: Expects the index to maintain a consolidation trend in the near future, with Siasun Robot & Automation and brokerage firms being the main focus before the end of the year. 2. Orient: Suggests investors to take the opportunity to absorb technology stocks in the current weak market. 3. EB SECURITIES: Anticipates a rebound in the index, focusing on the phosphorus chemical industry concept.