Di Yi Cai Jing·2025-10-12 10:12Group 1 - The recent volatility in the US stock market, particularly in technology stocks, has led to significant declines, with the Nasdaq Composite Index dropping 3.56% and the S&P 500 Index falling 2.71%, marking the largest single-day declines since April [1] - Major US tech companies, including Apple, Microsoft, and Nvidia, collectively lost $1.65 trillion in market value overnight [1] - The FTSE China A50 Index also experienced a sharp decline of 4.26%, raising concerns about potential similar declines in the A-share market [1] Group 2 - Despite the external pressures, industry insiders remain optimistic about the A-share market's resilience, suggesting that the market is likely to recover quickly from any short-term disturbances [2][3] - The fundamentals and liquidity of the market have not changed significantly, and the current bull market is expected to continue, with major indices having already increased their central points since April [2] - The logic of self-reliance and strength in the technology sector remains intact, indicating that any short-term fluctuations should not deter long-term investment strategies [2][3] Group 3 - The semiconductor industry has been particularly affected by the recent market downturn, with the Philadelphia Semiconductor Index dropping 6.32% [3] - Despite the short-term volatility, the long-term growth trajectory of the technology sector, driven by strong policy support and liquidity, is expected to remain positive [3][4] - Companies like Allwinner Technology and Changchuan Technology have reported significant profit growth, with Allwinner expecting a net profit increase of 72.20% to 92.06% year-on-year [4][5] Group 4 - Changchuan Technology anticipates a net profit increase of 131.39% to 145.38% for the first three quarters of the year, driven by strong demand in the semiconductor market [5] - The performance of technology companies during this period is crucial, as their actual earnings and sustainable growth will ultimately determine their stock prices [4]