中国资产领涨：国庆假期海内外大事记

Group 1: Market Performance - Chinese assets lead global equity markets with gains of 12.4% for the China concept stocks and 10.2% for the Hang Seng Index during the National Day holiday[2] - Brent crude oil prices increased by 9.2%, rising from $71.8 per barrel at the end of September to $78 per barrel by October 4[3] - Emerging markets, driven by China, outperformed developed markets, with a gain of 0.4% compared to a decline of 0.8% for developed markets[2] Group 2: Economic Indicators - The manufacturing PMI for September rose to 49.8%, an increase of 0.7 percentage points from August, indicating marginal recovery in manufacturing sentiment[11] - The composite PMI output index recorded 50.4%, up 0.3 percentage points from August, suggesting improved production and new orders[11] - The U.S. non-farm payrolls added 254,000 jobs in September, significantly exceeding expectations of 150,000, with the unemployment rate dropping to 4.1%[4] Group 3: Consumer Behavior and Real Estate - During the National Day holiday, inter-regional mobility increased by 4.6% compared to the same period in 2023, and by 24.0% compared to 2019[15] - Real estate transactions in 30 major cities saw a reduced decline of 9% year-on-year during the holiday, a significant improvement from a 34% decline in September[18] Group 4: Geopolitical Risks - Ongoing tensions in the Middle East, particularly between Israel and various groups, have raised concerns about potential attacks on Iranian oil facilities, contributing to rising oil prices[26] - Risks include geopolitical tensions, macroeconomic underperformance, and significant fluctuations in overseas markets[29]