智通财经网·2025-11-04 01:39Group 1 - The A-share market opened lower with the Shanghai Composite Index down 0.08% and the ChiNext Index down 0.2%, with sectors like AI data, quantum technology, and gold experiencing significant declines [1] Group 2 - Huatai Securities indicates a high probability of the index continuing to break upwards, suggesting that the "anti-involution" policies will lead to improvements in related industries. The current bull market is characterized by structural prominence and concentrated trading directions, with potential market stabilization expected after the end of October US-China negotiations [2] - Huajin Securities maintains that a slow bull market and a focus on technology remain unchanged, recommending investments in technology growth and certain cyclical and core asset sectors. Specific sectors to consider include telecommunications, electronics, media, machinery, computing, non-ferrous metals, and chemicals, as well as industries benefiting from the "14th Five-Year Plan" and improved Q3 performance [3] - Dongfang Securities notes that after the Shanghai Composite Index surpassed 4000 points, market trading enthusiasm has slightly decreased, with increased volatility among major indices. Despite potential trading disturbances, the overall trend remains upward [4]