10月21日大盘简评

Market Overview - The A-share market experienced a significant upward movement on October 21, with the Shanghai Composite Index rising by 1.36%, the Shenzhen Component Index increasing by 2.06%, and the ChiNext Index climbing by 3.02% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 1.89 trillion yuan, up from 1.75 trillion yuan the previous day, with over 4,600 stocks gaining [1] - Key sectors that performed well included cultivated diamonds, engineering machinery, and CPO, while coal, gas, and precious metals saw declines [1] Technology Sector - The technology sector rebounded collectively, with the Shanghai Composite Index returning to the 3,900-point mark, although dividend sectors experienced some pullback [1] - The upcoming APEC meeting and the Federal Reserve's interest rate decisions are critical factors that could influence the market's ability to maintain an upward trend [1] - The communication sector is seeing positive developments, with news about 1.6T optical modules and potential increases in Nvidia's Rubin shipments from 10 million to 15 million units by 2026 [1] - The earnings season is approaching, and overseas computing power leaders are expected to maintain high year-on-year growth, while domestic computing power shows strong resilience [1] - Investors are advised to consider low-cost entry into communication ETFs (515880) as the market may return to a technology-focused narrative if US-China negotiations proceed positively [1] Consumer Electronics - Apple's iPhone 17 series has exceeded sales expectations due to its high cost-performance ratio, while the Pro series has seen significant upgrades [2] - Apple CEO Tim Cook emphasized the importance of AI as a key competitive factor and announced plans to accelerate the introduction of Apple Intelligence in China, aiming to enhance user experience by the end of the year [2] - The strong sales of the iPhone 17 and advancements in Apple's AI initiatives have led to a notable increase in the supply chain stocks related to Apple [2] - The trend of AI functionalities is shifting from cloud-based solutions to consumer electronics, presenting investment opportunities in consumer electronics ETFs (561310) [2]