Market Overview - The A-share market is closed while the Hong Kong stock market remains open, serving as a "barometer" for market sentiment, although it may not be entirely accurate [1] - Precious metals have seen significant price increases, with silver rising by 14% and gold surpassing $3,900, reaching a historical high [1] - The semiconductor sector is also performing well, with Hua Hong Semiconductor rising over 6%, reaching a new high, and foreign banks setting target prices at HKD 117 [1] Economic Indicators - The manufacturing PMI for Q3 2025 has returned to 50.8, indicating a recovery in industrial production, while retail consumption has increased by 6.1% year-on-year [7] - Despite positive economic indicators, the general public does not feel significant improvements in income, as wages remain unchanged while prices continue to rise [7] Market Sentiment and Predictions - The market sentiment is cautious, with the A50 index showing minor fluctuations and external factors influencing investor confidence [3] - Historical data suggests a 70% probability of an increase on the first trading day after the holiday, with a 60% chance of continued gains over the next five days [3] - The A-share index approached 3,899.96 points before the holiday, but lacked sufficient trading volume, making it susceptible to high volatility [9] Trading Dynamics - The market is characterized by a mix of buying and waiting, with investors eager to act but uncertain about the next market direction [12] - The potential for a "red opening" exists, but sustained high trading volumes are necessary for a breakout above 3,900 points; otherwise, the market may experience fluctuations similar to previous days [9][10]
A股重要信号显现,10月6日市场动向,节后开门红可期
Sou Hu Cai Jing·2025-10-08 19:44