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【策略周报】波动再度放大,如何应对?
华宝财富魔方· 2025-10-12 13:38
Key Events Review - On October 9, the Ministry of Culture and Tourism released data indicating that during the 2025 National Day and Mid-Autumn Festival holiday, there will be 8.88 billion domestic trips, an increase of 1.23 billion trips compared to the 7-day holiday in 2024; total domestic travel expenditure is expected to reach 809 billion yuan, an increase of 108.19 billion yuan compared to 2024 [2] - On October 9, the Ministry of Commerce, in conjunction with the General Administration of Customs, announced export control measures on five items including superhard materials, rare earth equipment, and lithium battery materials, which will take effect on November 8 [2] - On October 10, the Ministry of Transport announced the collection of special port service fees for U.S. vessels, effective from October 14, targeting U.S. enterprises, organizations, and individuals owning or operating vessels [2] Weekly Market Review - The bond market showed signs of recovery post-holiday, with reduced pressure from profit-taking at the end of the quarter and continued support for market liquidity from the central bank, leading to a general decline in yields [5] - The A-share market experienced fluctuations, with the index rising and then falling back, particularly in technology sectors such as new energy, electronics, and AI, which saw significant volatility after reaching new highs [6] - The Hong Kong stock market also experienced a decline from high levels, reflecting similar trends observed in the A-share market [7]