博时市场点评10月28日：两市冲高回落，沪指一度站上4000点

Market Overview - The Shanghai Composite Index briefly surpassed 4000 points before retreating, with total market turnover exceeding 2.1 trillion yuan [1] - The profit data for the first three quarters indicates a "total recovery and structural optimization," showcasing resilience in the economy despite external challenges [1] - September's monthly profit growth significantly increased, driven by effective macro policies, resilient exports, and steady recovery in domestic demand [1] Sector Performance - High-tech manufacturing sectors are leading the recovery, while traditional industries show mixed results [1] - Within the equipment manufacturing sector, electrical machinery and automotive industries maintain high prosperity, while the raw materials sector experiences slower profit recovery due to price fluctuations [1] - In consumer goods, pharmaceuticals and food sectors perform well, whereas the liquor industry remains under pressure and the real estate chain continues to be sluggish [1] Policy Developments - The People's Bank of China plans to restore national debt trading operations and implement supportive monetary policies [2] - The China Securities Regulatory Commission (CSRC) announced reforms to the ChiNext board to better accommodate emerging industries and innovative enterprises [3] - The CSRC's recent guidelines aim to enhance investor protection in the capital market, focusing on the issuance, listing, and delisting processes [3] Market Activity - On October 28, A-shares saw declines across major indices, with the Shanghai Composite Index closing at 3988.22 points, down 0.22% [4] - The market turnover was recorded at 21,655.28 billion yuan, showing a decrease from the previous trading day [5] - The margin financing balance increased to 24,820.12 billion yuan, indicating a rise in leveraged trading [5]