Experts predict that the A-share market may demonstrate a volatile upward trend in the fourth quarter.

Many of the analysts interviewed believe that the Federal Reserve's restart of interest rate cuts not only boosts global risk appetite, but also significantly improves liquidity expectations for emerging markets. It is expected that the A-share and Hong Kong stock markets will benefit from the restoration of risk appetite and the inflow of foreign capital. The analysts interviewed stated that in terms of structural opportunities, sectors such as technology growth, low volatility dividend, and some sectors with improving business sentiment are worth paying attention to. In the fourth quarter, the market may show a trend of oscillating upward movement supported by both "policy-driven + profit improvement". Liao Bo, Chief Analyst at Zheshang Securities macroeconomic team, stated that current market liquidity is gradually expanding, and it is expected that the central bank will continue to maintain ample market liquidity, which will drive the performance of the stock and bond markets in a positive direction.