Market Overview - The A-share market experienced a collective decline on November 4, with the Shanghai Composite Index down 0.41% to 3960.19 points, the ChiNext Index down 1.96% to 3134.09 points, and the Shenzhen Component Index down 1.71% to 13175.22 points [1][2] - A total of 1627 stocks rose while 3646 stocks fell, with a trading volume of 19157 billion yuan, a decrease from the previous day's 21071 billion yuan [2][3] Sector Performance - Bank stocks showed resilience, with notable gains from Xiamen Bank (up over 5%) and several others rising over 2% [4] - The public utility sector also performed well, with stocks like Delong Huineng and Min Dong Power hitting the daily limit [4] - Conversely, the non-ferrous metals sector faced significant declines, with stocks like Guocheng Mining hitting the limit down [4][5] Investment Sentiment - Financial analysts suggest that the market is currently in a phase of consolidation, with reduced trading activity and a cautious approach from investors [6][10] - The "14th Five-Year Plan" emphasizes technological self-reliance and modern industrial system construction, providing a clear investment path for the market [9] - Analysts expect a slow bull market to continue, supported by favorable external conditions and domestic policy stability [9][10] Future Outlook - The market is anticipated to remain in a consolidation phase for the next 1-2 months, with potential for upward movement as new economic growth targets and policies are established [10] - There are structural opportunities in sectors like AI applications, commercial aerospace, and solid-state batteries, which may serve as catalysts for future market performance [8][9]
A股尾盘反抽 跌幅明显收窄：银行股走强 两市成交不足2万亿元
Sou Hu Cai Jing·2025-11-04 09:51