节后A股机会几何？十大券商展望来了

Core Viewpoint - The A-share market is expected to experience a positive trend following the holiday, supported by favorable global market conditions and a resurgence in risk appetite, particularly in the resource and AI sectors [2][4][20]. Market Performance Summary - Global stock markets showed a general upward trend during the holiday, with significant gains in major indices: - Nikkei 225 increased by nearly 7%, with a single-day gain of almost 5% on October 6 [2][3]. - The DAX index in Germany rose over 2% [3]. - The Hang Seng Index and the Hang Seng Tech Index saw slight increases of 0.38% and 1.31%, respectively [3]. - Commodity prices also strengthened, with COMEX gold futures surpassing $4000, marking a new historical high [3]. Sector Focus - The holiday period highlighted market hotspots in the resource and AI sectors, with precious metals, base metals, and energy metals prices rising significantly [6][20]. - The trend of AI expanding from enterprise to consumer levels is becoming increasingly evident, potentially leading to a surge in hardware and application development [6][20]. Future Market Outlook - Analysts predict a favorable macro environment for the A-share market, with expectations of a "red October" and a strong performance in the fourth quarter [4][8]. - The market is anticipated to maintain a structural characteristic, with a focus on sectors benefiting from resource security, corporate overseas expansion, and technological innovation [6][12]. - The upcoming financial reporting season and policy windows are expected to catalyze further market movements [24]. Investment Strategy - Investment strategies should focus on high-growth sectors such as technology, particularly AI and related fields, as well as cyclical sectors supported by policy measures [12][24]. - The market is likely to see a phase of structural rebalancing, with attention on previously underperforming sectors like real estate and consumer goods [12][20].