市场调整！盘后，社保基金会传来重要消息

Market Overview - The A-share market experienced a collective pullback, with the Shanghai Composite Index down by 1.11%, Shenzhen Component down by 1.51%, and ChiNext down by 2.10% [1][17] - The total trading volume in the Shanghai and Shenzhen markets was 17,242 billion yuan, a decrease of 493 billion yuan compared to the previous day [1][17] Market Dynamics - A total of 1,091 stocks rose while 4,302 stocks fell, with a median decline of 1.66% in stock prices [2][18] - The market broke below the critical support level of 3,850 points, leading to accelerated adjustments [3][19] Technical Analysis - The 120-day moving average for the Shanghai Composite Index is at 3,777.98 points, which is expected to provide support as it rises approximately 4 points daily [4][20] - The Shanghai 50 Index is close to its low point from November 24, which is likely to act as a support level [5][21] Sector Performance - The Hang Seng Index and Hang Seng Tech Index both reached new lows for October, impacting investor sentiment [6][23] - The consumer sector showed resilience, with strong performances in retail, hospitality, duty-free, cosmetics, beverages, and prepared foods [11][28] - The autonomous driving sector saw significant gains, with multiple stocks hitting the daily limit or rising over 10% following the announcement of L3-level autonomous vehicle permits [13][30] External Influences - Global market adjustments are influenced by two main factors: the revaluation of the AI industry chain and the anticipated interest rate hike by the Bank of Japan on December 19 [7][24] - The offshore RMB has appreciated, with the exchange rate against the US dollar breaking below 7.04, reaching a high of 7.03620, which is expected to positively impact the capital market [10][27] Future Outlook - The market is expected to continue its adjustment phase, with historical trends indicating poor performance in mid to late December, but a general improvement in the new year [8][25] - The current market adjustment is viewed as a test for sectors and stocks, with an emphasis on preparing for the upcoming spring market [9][26] - The commercial aerospace sector showed significant differentiation, with notable performance in liquid cooling stocks related to increased industry information [31]