Apple(US:AAPL) Sou Hu Cai Jing·2025-09-14 04:05Market Overview - The A-share market has found a "slow bull" state, with trading volume fluctuating throughout the week from September 8 to 12, 2025 [1] - The market has shown signs of stabilization and recovery after a period of volatility since August 27, 2025 [1] Short-term Market Trends - The market is expected to continue its slow bull trend, with short-term fluctuations likely [4] - Historical analysis indicates that market sentiment indicators and industry rotation have not yet fully adjusted, suggesting continued volatility [4] - Current market sentiment indicators show that the Shanghai Composite Index's valuation percentile has dropped to 65.7%, and trading volume has decreased by 37% since August 26, 2025 [4] Economic Indicators - Economic recovery remains weak, with August export growth slowing and credit growth rebounding [5] - The Producer Price Index (PPI) has shown a narrowing year-on-year decline, indicating potential recovery in industrial profits [5] - Short-term liquidity is expected to remain loose, influenced by lower-than-expected U.S. non-farm payrolls and anticipated interest rate cuts by the Federal Reserve [5] Sector Performance - The A-share market has seen a divergence in performance among sectors, with small-cap stocks performing better [5] - Key sectors such as electronics, real estate, and agriculture have shown relatively strong performance [5] Industry Focus - In September, attention should be directed towards sectors including power equipment, communications, computers, electronics, automotive, and media [8] - The TMT (Technology, Media, and Telecommunications) sector is expected to be a key focus due to ongoing industry trends and potential catalysts such as the Federal Reserve's interest rate cuts [8] Regulatory Developments - The Ministry of Commerce has initiated an anti-dumping investigation into U.S. imported analog chips, indicating significant domestic market potential for these products [9][10] - Eight departments have issued a plan to promote the approval and road testing of intelligent connected vehicles, aiming for a target of approximately 32.3 million vehicle sales in 2025 [11] Financial Data Insights - Recent financial data indicates a potential shift of household deposits towards the stock market, with a year-on-year decrease in household deposits in August [12][13] - The M1 money supply has grown by 6.0% year-on-year, while M2 has remained stable at 8.8% [13] Upcoming Events - The release of China's economic performance data for August is scheduled for September 15, 2025, which will provide further insights into the economic landscape [20] - The Federal Reserve's interest rate decision is anticipated on September 18, 2025, with expectations of potential rate cuts [22]