老铁们，A股还在休市，港股已经杀疯了！ 10月2日，恒生指数一举突破27000点大关，恒生科技指数狂拉3.54%，中芯国际单日暴涨12.7%，黄金、锂电板 块集体飙涨——这波"假期嗨翻天"的行情，是不是让你心里直打鼓：会不会又是外资挖坑，等A股开盘就套人？ 但猎人可以肯定地说，这次剧本真的换了！ 这轮行情的核心驱动力是"全球水牛"。 美联储降息导致美元流动性溢出，新兴市场成为蓄水池。 南向资金已连续增持腾讯，持股占比达11.03%；高盛、富 达国际等机构明确"超配中国科技股"，摩根士丹利将MSCI新兴市场指数目标上调，其中中国资产贡献超60%的上涨空间。 板块轮动并非杂乱无章：7-8月AI算力、创新药先涨，9月新能源、存储芯片跟进，10月有色资源爆发。 这是典型牛市中的"主线轮动"，而非热点散乱。 计 算机、美容护理、环保等行业节后涨幅中位数居前，消费、高β和成长板块在港股假期上涨概率达80%。 港股的盘面就是节后A股的预演。 半导体板块中，中芯国际单日暴涨12%，华虹半导体涨7.12%，背后是全球AI服务器拉动的存储芯片需求爆发。 美光科技 宣布存储产品涨价20?0%，三星计划第四季度DRAM价格上调15? ...

Group 1 - The core viewpoint of the article suggests that the U.S. may enter a long-term phase of fiscal dominance with monetary cooperation, leading to a "blooming" global stock market [1][5] - The People's Bank of China emphasizes the importance of promoting reasonable price recovery as a key consideration in monetary policy, aiming to lower financing costs and support economic stability [3] - The article highlights that the AI sector has undergone adjustments and is poised for a second wave of growth, meeting conditions for renewed investment interest [13] Group 2 - CICC indicates that the U.S. dollar liquidity is expected to remain ample, with a trend of depreciation, which may benefit emerging markets, particularly Hong Kong stocks [5] - CITIC Securities focuses on five strong industry trends (non-ferrous metals, communications, innovative pharmaceuticals, gaming, and military industry) as more reasonable investment targets compared to high-valuation sectors [6] - Huatai-PB Fund anticipates that A-shares will return to a profit-driven trajectory, supported by stable domestic policies and improving corporate earnings [7] Group 3 - Invesco believes that the current market for innovative pharmaceuticals may experience a multi-year uptrend, marking a significant turning point for the industry [12] - The article notes that gold prices may stabilize in the short term but are expected to maintain their long-term upward trend due to ongoing global macro uncertainties [14] - The article discusses the bond market's tendency towards a range-bound movement, influenced by recent economic indicators and policy measures [20]