雪球·2025-09-29 07:47Market Overview - The A-share market showed a strong upward trend, with the Shanghai Composite Index rising by 0.90%, the Shenzhen Component Index by 2.05%, and the ChiNext Index by 2.74% on the second-to-last trading day before the National Day holiday [2][4] - The total trading volume in the Shanghai and Shenzhen markets reached 2.16 trillion yuan, an increase of 146 billion yuan compared to the previous trading day [2] Securities Sector Performance - The securities sector experienced significant gains, with CITIC Securities hitting a peak increase of 5.88% and other firms like Huatai Securities and Guangfa Securities also reaching their daily limit [4][6] - A report from Huaxi Securities projected that 45 listed securities firms would achieve adjusted revenue of 158.1 billion yuan in Q3 2025, a year-on-year increase of 50% and a quarter-on-quarter increase of 21% [6] Precious Metals Market - Gold prices reached a new high, surpassing $3,800 per ounce, marking a year-to-date increase of over 40% [8] - The A-share gold sector saw collective gains, with stocks like Zhaojin Mining rising by 6.88% and Zijin Mining by 5% [8] Solid-State Battery and Energy Storage Sector - The solid-state battery and energy storage sectors experienced a surge, with CATL's stock rising by 4.46%, pushing its market capitalization above 1.8 trillion yuan [12] - A significant breakthrough in polymer electrolyte research for lithium batteries was reported, which could enhance the development of solid-state battery products [12][13] Economic and Policy Context - The People's Bank of China emphasized the importance of structural monetary policy tools to support technology innovation, consumption, small and micro enterprises, and stabilize foreign trade [6] - The market sentiment remains cautious ahead of the National Day holiday, with potential volatility in high-tech sectors, but long-term investment sentiment remains positive due to low valuations in the financial sector [6]