10月30日，赶紧将冷冻股换成冬眠股，散户们一起来看看

Group 1 - The meeting between the leaders of China and the U.S. in Busan on October 30 aims to discuss bilateral relations and common concerns, which may alleviate trade tensions and enhance market risk appetite [1] - The A-share market is experiencing fluctuations around the 4000-point mark, with a daily trading volume exceeding 2.2 trillion yuan, indicating significant stock divergence despite overall index movements [1][8] - "Frozen stocks" are characterized by extremely low trading volumes and long-term turnover rates below industry averages, with a net outflow of 618 million yuan from major funds, suggesting a lack of interest from large investors [1][10] Group 2 - "Hibernating stocks" are primarily found in high-tech, advanced manufacturing, and new energy sectors, showing continuous growth in revenue and net profit, even as their price-to-earnings ratios decrease due to rising earnings [3][4] - The rise in global capital risk appetite provides external support for quality assets in the A-share market, which has a total market value of over 10 trillion USD, highlighting the growth potential of quality companies [4][12] - The shift from "frozen stocks" to "hibernating stocks" is not merely a matter of cutting losses; many investors are reluctant to sell underperforming stocks, but holding onto them without fundamental support is unlikely to yield positive results [6][18] Group 3 - Recent data indicates that institutional funds are reallocating from traditional industries to technology growth sectors, with margin financing balances continuing to rise, reflecting a preference for more elastic investment options [6][12] - The upcoming U.S. Federal Reserve meeting on December 9-10 may lead to further interest rate cuts, which could enhance the valuation ceiling for growth stocks [6][16] - The A-share market has over 5,000 listed companies, but only a small fraction is worth holding long-term, emphasizing the need for investors to focus on core assets and abandon underperforming stocks [12][14] Group 4 - The recent high trading volume in the A-share market indicates active capital searching for new directions, although it is concentrated in a few popular sectors [8][14] - "Hibernating stocks" tend to have high institutional ownership, with long-term funds like social security and insurance willing to hold them, providing price support [14][18] - Investors should avoid blindly chasing high prices and instead wait for technical pullbacks in "hibernating stocks" to enter positions gradually, which can help lower acquisition costs [10][16]