博时基金市场异动陪伴10月24日：沪指再创年内新高，创业板指涨超3.5%

Market Performance - The A-share market showed strong performance on October 24, with the Shanghai Composite Index reaching a new high for the year and the ChiNext Index rising over 3.5% [2] Core Insights - The market rally was driven by improved policy expectations and a more favorable external environment, particularly following the release of the 20th Central Committee's Fourth Plenary Session communiqué, which emphasized high-quality development and technological self-reliance as core goals during the 14th Five-Year Plan [2] - The upcoming China-U.S. trade negotiations and positive signals from the Ministry of Commerce regarding potential resolutions to mutual concerns have alleviated fears of escalating trade tensions, leading to a quick recovery in risk appetite [2] Policy Implications - The Fourth Plenary Session reiterated the 2035 goals, including achieving a per capita GDP level of a moderately developed country and significantly enhancing technological self-reliance, highlighting the importance of economic and technological policies [2] - The 14th Five-Year Plan emphasizes domestic demand recovery and deepening reforms, with potential for continued consumer stimulus policies and monetary easing, which could stabilize the market fundamentals [2] Future Outlook - Short-term market sentiment may fluctuate between policy expectations and changes in the external environment, while the implementation of the 14th Five-Year Plan is expected to provide clear policy guidance for key areas such as technological innovation, green low-carbon initiatives, and consumer spending [3] - Investors are advised to monitor the progress of policies related to technological self-reliance, the effectiveness of domestic demand recovery measures, and developments in China-U.S. trade negotiations [3]