Market Overview - The overall market has risen, returning to a rating of 4.3 stars at the close [1] - All market caps, including large, mid, and small caps, have experienced an increase [2] - Value style has slightly increased, while growth style has seen a more significant rise [3] Recent Market Events - Last week, a liquidity crisis led to a substantial decline in global assets [4] - Smaller and growth-oriented stocks, which are more sensitive to liquidity, experienced greater declines [5] - Historically, liquidity crises tend to be short-lived and usually resolve without major concerns [6] Positive Developments - Over the weekend, positive news emerged with an increased probability of a Federal Reserve rate cut in December [7] - This news has contributed to a rebound in small and growth stocks, which have outperformed the broader market this week [8] Hong Kong Market Insights - The Hong Kong stock market saw a significant drop last week, particularly in technology stocks, which returned to undervalued levels [9] - However, the market rebounded sharply on Monday and Tuesday, with technology stocks returning to normal valuation levels by Tuesday morning [10] Investment Strategy - The company advises patience in waiting for the next investment opportunity [11] - Adjustments have been made to the valuation table's color scheme to enhance clarity for users with color vision deficiencies [12][18] Investment Products - The company has launched a new investment strategy for regular contributions, pausing investments in the index-enhanced portfolio as it has returned to normal valuation [20] - The active selection portfolio is set for regular contributions, while the monthly salary investment product, which consists of 40% stocks and 60% bonds, is recommended for increased investment [20] Pension Fund Insights - The company has initiated a new round of regular contributions to pension index funds, focusing on the CSI A50 and 300 dividend low volatility funds, which have returned to undervalued levels [29][37] - The company emphasizes that there are fewer undervalued opportunities in the market compared to previous years, but long-term investment opportunities will continue to arise [38][39] Valuation Table - The valuation table categorizes stocks into green (undervalued), yellow (normal), and red (overvalued) [48] - The company has provided a detailed valuation table for various indices, highlighting their respective price-to-earnings ratios, price-to-book ratios, and dividend yields [43]

Group 1 - The article discusses various investment strategies, including taking profits during high valuations and the benefits of long-term holding [3][4][6] - It highlights that during bull markets, there can be significant gains, typically ranging from 30% to 40% when moving from undervalued to normal and from normal to overvalued [4] - The article emphasizes the importance of patience in long-term holding strategies, especially as bull markets can last 7-10 years [6] Group 2 - It mentions the strategy of relying on dividends as a source of income, particularly in the context of state-owned listed companies in A-shares, where the market capitalization is significantly lower than the total market value [7] - The article references John Bogle's perspective on the effectiveness of a "hold on" strategy when income needs align with dividend income [7]