英大证券：金点策略晨报—每日报告-20240927

Market Overview - A-shares experienced a significant increase with major indices rising collectively, driven by favorable policies and market sentiment [1][7] - The Shanghai Composite Index closed at 2863.13 points, up 114.21 points, a rise of 4.15%, with a total trading volume of 4427.95 million [2] - The Shenzhen Component Index rose by 352.32 points, or 4.36%, closing at 8435.70 points, with a trading volume of 5285.47 million [2] - The ChiNext Index increased by 5.54%, closing at 1615.32 points, with a trading volume of 2300.05 million [2] Sector Performance - The securities sector led the market surge, with significant gains following a press conference where the government emphasized financial support for economic development [2][4] - The new energy sector, including battery and photovoltaic equipment stocks, rebounded strongly, supported by rising sales of new energy vehicles, which reached 1.092 million units in August, a year-on-year increase of 29.6% [2][4] - The insurance sector also saw substantial gains, with regulatory support for long-term investments and capital market stability [4][6] Future Outlook - The report suggests that the overall valuation of A-shares is at a bottom level, indicating a potential area for value investment, encouraging investors to gradually initiate strategic allocations [7] - The anticipated easing of domestic monetary policy is expected to stimulate economic recovery, particularly benefiting sectors sensitive to liquidity such as finance and real estate [1][5] - The report highlights the potential for a technical rebound in the new energy sector, although individual stock performance may vary [4]