Zhong Guo Zheng Quan Bao·2025-11-09 20:15Market Performance - The market experienced a volatile upward trend last week, with the CSI Xinhua National Brand Engineering Index closing at 2021.77 points, down 0.40% [1] - The Shanghai Composite Index rose by 1.08%, the Shenzhen Component Index by 0.19%, the ChiNext Index by 0.65%, and the CSI 300 Index by 0.82% [1] Strong Stock Performances - Notable strong performers included Zhongwei Company, which increased by 10.66%, and Darentang, which rose by 8.80% [1] - Other significant gainers included Yangguang Electric Power (5.90%), Yiwei Lithium Energy (5.04%), and several stocks that rose over 4% such as Yiling Pharmaceutical and Guangyuyuan [1] Long-term Market Outlook - Institutions believe that while the market may maintain volatility in the short term, the long-term outlook for equity assets remains reasonable, with potential for further upward movement as policies stabilize the domestic economy [1][2] - Starstone Investment indicates that the current market risk premium is at a historical median level, and corporate earnings have likely reached a bottom, suggesting a shift from valuation-driven to fundamentals-driven market growth [2] Sector Focus - Freshwater Spring Investment suggests that while A-shares and Hong Kong stocks have seen some recovery in valuations, there is no systemic bubble, and the likelihood of systemic risk remains low [3] - The focus should be on sectors with structural growth potential, particularly in emerging growth areas such as AI technology innovation, energy infrastructure, and semiconductors, as well as cyclical sectors benefiting from "anti-involution" policies [3]