A股四季度投资策略
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券商分析师研判A股四季度将保持震荡向上
Zheng Quan Ri Bao· 2025-09-28 16:07
Core Viewpoint - Analysts expect the A-share market to gradually rise in Q4, driven by stable liquidity, economic recovery, and policy support, with a focus on technology growth stocks [1][2]. Group 1: Market Outlook - Analysts from various securities firms are optimistic about the A-share market in Q4, anticipating a favorable trend supported by policy and liquidity [1]. - The market is expected to experience structural recovery in earnings and continued credit repair, leading to a strong oscillating market trend [1]. - Key factors influencing market performance post-mid-October include expectations for the economy and policies in 2026, which may create thematic investment opportunities [1]. Group 2: Investment Strategy - Investment strategies should focus on technology growth and "anti-involution" themes, with potential catalysts in the technology sector, particularly in computing power [1]. - The investment "deciding factors" for Q4 include cyclical sectors and low-positioned technology stocks, with a potential rebalancing of market styles [2]. - The growth style is expected to remain dominant, driven by performance, liquidity, and catalysts, suggesting a sustained core position for growth stocks in the market [2].