SMIC(SH:688981) Sou Hu Cai Jing·2025-10-10 02:08Core Viewpoint - The short-term market fluctuations do not alter the long-term slow bull trend of the stock market, with dividend and technology assets expected to yield excess returns in the long run [1] Group 1: Market Trends - The market is experiencing short-term volatility, but the long-term outlook remains positive, particularly for dividend and technology assets [1] - A barbell strategy is gaining attention, with a focus on increasing equity market allocation among residents [1] Group 2: Index Performance - As of October 10, 2025, the Shanghai 180 Index (000010) has decreased by 0.62%, with mixed performance among constituent stocks [1] - Notable gainers include Jiangxi Copper (600362) up 9.99%, and Seres (601127) up 7.10%, while Huakong Technology (603296) led the declines at -6.67% [1] - The Shanghai 180 ETF Index Fund (530280) has decreased by 0.72%, with a recent price of 1.24 yuan, but has seen a 2.89% increase over the past two weeks [1] Group 3: Index Composition - The Shanghai 180 Index consists of 180 large-cap, liquid stocks from the Shanghai market, reflecting the overall performance of core listed companies [2] - As of September 30, 2025, the top ten weighted stocks in the index account for 26.75%, including Kweichow Moutai (600519) and Zijin Mining (601899) [2]