Market Overview - The A-share market is currently experiencing cautious trading, with the Shanghai Composite Index fluctuating between 3800 and 3850 points, indicating a critical support level at 3800 points where significant northbound capital has accumulated [3] - The market is expected to see increased volatility due to the A50 options expiration, which historically averages a decline of 1.8% on this day, as foreign capital often adjusts their positions [3] Capital Movement - Major funds are actively investing in the technology sector, particularly in semiconductors and AI computing, with over 13 billion yuan invested in these areas in just one week [3] - The financing balance has surged by 50.7 billion yuan in the four days leading up to the holiday, reminiscent of the market conditions prior to the 2023 technology rally [3] Sector Performance - The technology growth stocks, especially in semiconductors and AI, have seen significant gains, with the STAR 50 Index rising by 6.47% in a week [4] - Conversely, consumer and tourism sectors are underperforming as investors adopt a risk-averse stance ahead of the holiday [4] Investment Strategy - It is advised to maintain a cautious position with no more than 50% total holdings before the holiday, and to consider accumulating positions in technology stocks that have strong fundamentals [4][5] - Focus should be on sectors benefiting from policy support, such as new energy and storage, which are expected to emerge as potential growth stocks in the fourth quarter [4][5] - Post-holiday, attention should be directed towards hard technology leaders with expected earnings growth, especially if trading volume exceeds 2.3 trillion yuan [5]
帮主郑重:节前收官战,A股今日紧盯三大信号!
Sou Hu Cai Jing·2025-09-29 00:32