Zhong Guo Zheng Quan Bao·2025-10-08 14:08Group 1 - A-shares are expected to perform well after the "Eleventh" holiday, supported by global monetary and fiscal policy easing and the arrival of the third-quarter report trading window [1][2] - The positive performance of global risk assets during the holiday period has created a favorable macro environment for A-shares [2] - The AI industry has seen significant catalytic events during the holiday, boosting market confidence in AI computing power, storage, and applications [2] Group 2 - Financial technology and TMT sectors are expected to perform well, with a strong sustainability in the technology sector due to relative profitability [3] - The current market is in the second phase of an upward trend, with gradual improvements in the fundamental outlook [3] - The "anti-involution" policies are anticipated to gradually benefit other industries as macro policies are implemented [3] Group 3 - Analysts recommend focusing on technology growth sectors post-holiday, with specific attention to innovative pharmaceuticals, military industry, and AI [4] - Key investment directions include new productivity, "anti-involution" themes, consumer sectors, and "dual-heavy" areas that will drive economic growth [4] - The technology sector is expected to experience a rotation pattern, with AI applications extending from infrastructure to application [5] Group 4 - The AI hardware, semiconductors, robotics, gaming, and internet sectors are highlighted as promising growth areas, alongside financial technology and brokerage sectors [6] - The "anti-involution" trend is expected to extend beyond traditional cyclical products, with potential in photovoltaic, lithium battery, and engineering machinery sectors [6] - The real estate sector is anticipated to benefit from more stable policies, presenting recovery potential for undervalued stocks [6]