Venture(US:VEMLY) 智通财经网·2025-10-13 01:35Group 1 - The A-share market opened lower, with the Shanghai Composite Index down 2.49% and the ChiNext Index down 4.44%, particularly affected by sectors such as copper cables, CPO, humanoid robots, and solid-state batteries [1] - Huaxi Securities suggests that the impact of the current tariff shocks will be less severe than the April situation, with potential market stabilization expected due to China's improved market mechanisms [1] - China Galaxy Securities indicates that while short-term market volatility may increase due to external uncertainties and profit-taking, the core drivers of the current market trend remain unchanged, with liquidity expected to continue improving [2] Group 2 - Dongfang Securities notes that external negative factors will inevitably impact the market's short-term performance, but a recovery in the market's upward trend is anticipated in the future [3] - The upcoming APEC summit at the end of October is highlighted as a significant event that may influence the G2 countries' dynamics and market sentiment [1] - The focus on sectors with strong performance certainty and new policy directions is emphasized, particularly during the critical window of the 14th Five-Year Plan and the third-quarter report disclosures [2]