策略周报：强势上涨

Group 1: Market Overview - The major indices experienced significant increases last week, with the CSI 300 rising by 15.70%, the Shanghai Composite Index by 12.81%, the Shenzhen Component Index by 17.83%, the ChiNext Index by 22.71%, and the CSI 500 by 15.63% [2][8][9]. - All 31 first-level industry indices tracked by Shenwan Securities saw an increase, indicating a strong market performance [4][10]. Group 2: Industry Performance - The top five performing industries were Food & Beverage (26.06%), Beauty & Personal Care (24.37%), Non-Bank Financials (22.99%), Real Estate (20.14%), and Building Materials (18.56%) [10][11]. - The bottom five performing industries included Utilities (7.92%), Oil & Petrochemicals (9.17%), Household Appliances (10.45%), Banks (10.99%), and Automotive (11.07%) [10][12]. Group 3: Trading Data - The total trading volume last week was 5,716.12 billion shares, with a total transaction value of 53,109.44 billion yuan. There were 5,292 stocks that rose and 48 that fell [3][13]. - As of September 27, there were 11 stocks reaching historical highs and 1 stock reaching a historical low. The number of stocks reaching new highs over 30, 60, and 120 days were 4,437, 2,586, and 934 respectively [13][14]. Group 4: Margin Trading Data - Margin trading data indicated an increase in financing balance by approximately 23.28 billion yuan and an increase in securities lending balance by about 0.075 billion yuan compared to the previous week [4][14]. Group 5: Investment Strategy - The report suggests that the market's strong performance is attributed to a release of pent-up investor enthusiasm following a joint announcement from three departments, which has shifted investor sentiment from overly pessimistic to a more optimistic outlook [4][17].