Xin Lang Ji Jin·2025-10-30 11:26Market Overview - A-shares experienced fluctuations with all three major indices showing declines, particularly the ChiNext Index which fell nearly 2% and the Shanghai Composite Index dropped below 4000 points [1] - The trading volume in the Shanghai and Shenzhen markets reached 2.42 trillion yuan, an increase of 165.6 billion yuan compared to the previous trading day [1] - The Hong Kong stock market also saw significant volatility, with indices initially declining before recovering towards the end of the trading session [1] Sector Performance - The optical module and innovative drug sectors, previously popular, saw significant declines, with leading companies like Xinyi and Tianfu Communications experiencing sharp drops [1][8] - Conversely, the lithium mining sector surged, with stocks like Yongxing Materials hitting the daily limit and Tianqi Lithium reaching its upper limit [3] - The Green Energy ETF (562010) rose by 1.76%, while the Nonferrous Metal ETF (159876) also increased by over 1% [2][3] ETF Insights - The Nonferrous Metal ETF (159876) saw a trading volume of 68.73 million yuan, with a net inflow of 113.17 billion yuan into the nonferrous metal sector, indicating strong institutional interest [4][5] - The Hong Kong Innovation Drug ETF (520880) fell by 2.54%, reaching a three-month low, but there are indications of potential buying opportunities as funds continue to flow into the sector [8][10] - The ChiNext Artificial Intelligence ETF (159363) experienced a decline of over 3%, but there was significant buying interest with a net purchase of 1.08 million units [1][16] Future Outlook - Analysts from Huatai Securities suggest that after the end of October US-China negotiations, negative market factors may dissipate, potentially leading to a market recovery [2] - The upcoming policy announcements and event-driven opportunities are expected to be significant in the near term [2] - The nonferrous metal sector is anticipated to benefit from the Federal Reserve's recent interest rate cuts, which could lead to increased demand for industrial metals [4][5]