Core Viewpoint - The A-share market shows a significant rebound in investor sentiment as of September 30, with a high level of participation and optimism among both institutional and retail investors, despite some caution due to the upcoming holiday [1][5]. Market Performance - All three major A-share indices closed in the green, with the Shanghai Composite Index supported at the 3800-point level, indicating a continued upward trend [3]. - The market saw 2,655 stocks rise, reflecting a balanced gain-loss ratio, and the average daily trading volume in August and September reached 2 trillion yuan, marking a historical high in trading activity [3]. Investor Sentiment - Institutional investors are adopting a "optimistic layout, holding stocks through the holiday" strategy, reallocating funds towards sectors with reasonable valuations, while retail investors are actively chasing market hotspots like storage chips and energy metals [5]. - A survey indicated that 52.86% of investors are fully invested, with 24.49% increasing their positions, while 53.54% chose to hold their positions [7][9]. Trading Behavior - Retail investors displayed a strong inclination towards active trading, with 69.77% predicting a market decline in the next trading day, while 30.23% anticipated a rise [11].