［9月30日］指数估值数据(A股港股上涨，回到4.1星；螺丝钉定投实盘第384期发车；养老指数估值表更新）

Market Overview - The overall market experienced an increase, returning to a rating of 4.1 stars by the end of trading [2] - All market caps (large, medium, and small) saw gains, with small-cap stocks rising the most [3] - The ChiNext index opened strongly but closed with a reduced gain, remaining close to overvaluation [4][5] - Sectors such as pharmaceuticals and technology showed significant upward movement [6] Stock Performance - Hong Kong stocks also saw an overall increase, with technology and pharmaceutical sectors rising over 2% [7][8] - In the third quarter, both A-shares and Hong Kong stocks experienced substantial gains, with A-shares up 18% and the Hang Seng Index up 11%, both exceeding the global average increase of approximately 7% [9][10][11] Investment Strategy - As of 15:00, investments in funds were executed at prices before the holiday, with trading in A-shares paused during the holiday period [12][15] - However, Hong Kong stocks and other international markets will continue to trade during the holiday, with updates on their performance expected after the holiday [16][18] Fund Management - The investment strategy includes pausing contributions to the index-enhanced advisory portfolio as it returns to normal valuation, while continuing contributions to the actively selected advisory portfolio [20] - The "Monthly Salary Treasure" investment strategy, which consists of 40% stocks and 60% bonds, is recommended for stable market participation [20] Pension Fund Insights - The article discusses the performance of pension index funds, highlighting that both the CSI 500 and CSI Dividend funds have returned to normal valuation, with the former showing a 22% profit and the latter a 5% profit over recent months [26] - The article emphasizes the importance of patience in waiting for undervalued investment opportunities in the long term [26] Valuation Metrics - A detailed valuation table is provided, showing various indices' price-to-earnings ratios, price-to-book ratios, and dividend yields, indicating the current market conditions and investment opportunities [29][34]