Group 1 - Chinese assets showed a comprehensive recovery on October 20, with A-shares' three major indices collectively rising, and the ChiNext index initially increasing over 3% before narrowing to around 1% in the afternoon [1] - In the concept sectors, cultivated diamonds and optical module CPOs led the gains, while AI computing hardware stocks rebounded, with "Yizhongtian" among the top performers [1] - The Hang Seng Technology Index surged nearly 4% in the morning and maintained over 2% gains in the afternoon, with tech stocks like NetEase, Alibaba, and Tencent rebounding [1] Group 2 - Huaxi Securities indicated that a repair market is expected to slowly unfold in late October, with potential consensus during upcoming economic discussions and the APEC summit, suggesting a possible re-emergence of "TACO" trades [2] - The current market environment reflects a shift in funds rather than a broad decline, with net inflows into financing and ETFs indicating sufficient micro liquidity in the stock market [2] - The construction of a "stabilizing market mechanism" and improvements in investor return systems are highlighted as key features of the current market cycle, supporting the notion of a "slow bull" market in A-shares [2]
全线回暖，AH股齐涨！机构：珍惜优质筹码，修复行情将在10月下旬缓慢展开
Mei Ri Jing Ji Xin Wen·2025-10-20 06:40