国新证券每日晨报-20251029

Domestic Market Overview - The domestic market experienced a pullback after a rise, with the Shanghai Composite Index closing at 3988.22 points, down 0.22% [10][11] - The Shenzhen Component Index closed at 13430.1 points, down 0.44%, while the ChiNext Index fell by 0.15% [11] - A total of 30 first-level industries saw 9 industries rise, with defense and military, as well as computer sectors leading the gains, while non-ferrous metals, steel, and construction faced significant declines [11][12] Overseas Market Overview - The U.S. stock market indices all closed higher, with the Dow Jones up 0.34% and the Nasdaq rising by 0.8% [2] - Notable performers included Nvidia, which rose nearly 5%, and Sherwin-Williams, which increased over 5% [2] Key Economic Data - From January to September, industrial enterprises above designated size in China achieved a total profit of 537.32 billion yuan, reflecting a year-on-year growth of 3.2% [21] - In September, profits for these enterprises increased by 21.6% year-on-year [22] - The demand for cold chain logistics in the food sector reached 1.173 billion tons in the third quarter, marking a year-on-year growth of 4.72% [22] Policy and Strategic Developments - The "14th Five-Year Plan" recommendations were fully released, emphasizing economic growth within a reasonable range, improvement in total factor productivity, and significant increases in resident consumption rates [12][14] - The plan advocates for the development of strategic emerging industries such as new energy, aerospace, and quantum technology, aiming to create new economic growth points [12][14] - It also calls for comprehensive implementation of the "Artificial Intelligence +" initiative and measures to boost consumption [12][14]