Zheng Quan Shi Bao·2025-10-09 00:07Group 1 - Major overseas stock markets performed well during the National Day and Mid-Autumn Festival holidays, with indices in Japan, South Korea, and the US reaching historical highs [1] - The Nasdaq China Golden Dragon Index hit a 5-year high of 8945 points on October 2, with a year-to-date increase of 40% [1] - The Hang Seng Index and Hang Seng Tech Index also reached 5-year highs during the holiday period, with sectors like non-ferrous metals and biomedicine gaining attention [1] Group 2 - Morgan Stanley reported a net inflow of $4.6 billion into the Chinese stock market in September, marking the highest monthly inflow since November 2024, indicating a recovery in global investor confidence towards Chinese assets [1] - Passive funds have seen a cumulative inflow of $18 billion year-to-date, surpassing the total of $7 billion for the entire previous year, driven by the expansion of international indices tracking A-shares [1] Group 3 - Several foreign institutions, including Standard Chartered and Goldman Sachs, expressed optimism about Chinese assets, with Goldman noting the highest activity of global hedge funds in China's stock market in recent years [2] - The technology sector, particularly companies like Alibaba, Tencent, and Baidu, received significant attention, with target prices being raised due to advancements in AI infrastructure and applications [2] - Investment strategies suggested by institutions include a "barbell strategy," focusing on growth leaders in AI and high-end manufacturing while also investing in high-dividend blue-chip stocks in sectors like finance and non-ferrous metals [2]