沪指时隔10年再破3900点，两市成交2.65万亿

Market Performance - On October 9, the Shanghai Composite Index (SHCI) broke through 3900 points, closing at 3933.97 points with a gain of 1.32%, marking the highest level since August 2015 [1][3] - The Shenzhen Component Index rose by 1.47% to 13725.56 points, while the ChiNext Index increased by 0.73% to 3261.82 points [3] - The total trading volume in the Shanghai and Shenzhen markets exceeded 2 trillion yuan for the 15th consecutive trading day, with a total turnover of 2.65 trillion yuan [1][3] Sector Performance - Sectors such as precious metals, energy metals, non-ferrous metals, and minor metals saw significant gains, with 2989 stocks in the market rising [3] - Storage chip concept stocks experienced a surge, with companies like Yake Technology, Tongfu Microelectronics, and Saiteng Co. all hitting the daily limit, and Huahong Group rising over 12% [3] Monetary Policy and Market Outlook - The People's Bank of China conducted a 1.1 trillion yuan reverse repurchase operation to maintain liquidity in the banking system, indicating a response to tightening financial conditions [3] - Analysts are optimistic about the A-share market in October, with expectations of a "red October" driven by technological advancements and long-term policy support [4] - The upcoming third-quarter reports are anticipated to focus investor attention on sectors with strong performance indicators, particularly in technology and advanced manufacturing [4][5] Future Trends - The monetary policy is expected to favor the continued strength of cyclical stocks, with the SHCI likely to see new breakthroughs [5] - Chip stocks are projected to benefit from technological independence, positioning them as market leaders [5] - Precious metals and gold sectors may continue to perform well due to expectations of interest rate cuts by the Federal Reserve [5]