Core Insights - The first trading day after the National Day holiday saw the launch of 23 new funds, with a total of 73 new funds expected to debut in October, managed by well-known fund managers [1][2]. Fund Distribution - In October, 73 new funds are set to be issued, with 23 launched on October 9 alone. Equity funds dominate the new offerings, with 38 stock funds accounting for over half of the total. Most of these are passive index or enhanced index funds, including major products like E Fund's Shanghai Stock Exchange 380 ETF and others focused on various sectors [2]. - Additionally, there are 16 mixed funds (15 equity-oriented and 1 flexible allocation), 8 bond funds, 8 FOFs, 2 REITs, and 1 QDII fund scheduled for release in October [2]. Notable Fund Managers - Noteworthy fund managers are launching new products in October. Yan Siqian from Penghua Fund is managing the Penghua Manufacturing Upgrade A, which started issuing on October 9. She is optimistic about the A-share market and sees potential in AI and technology sectors [3]. - Jin Zicai from Caitong Fund will launch the Caitong Quality Selection A on October 16, marking his return to fund management after two years [3][4]. Market Outlook - Institutions maintain an optimistic outlook for the market, expecting high levels of fund issuance to continue. Huabao Fund suggests that the upward trend in the market may not be over, focusing on strong technology sectors, while Huaxia Fund anticipates that upcoming quarterly reports and economic data will build upward momentum without significant adjustment risks [5].

Market Performance - A-shares experienced a strong opening after the National Day holiday, with the Shanghai Composite Index breaking the 3900-point mark, closing at 3933.97 points, up 1.32% [1][3] - The Shenzhen Component Index and the ChiNext Index also saw increases of 1.47% and 0.73%, closing at 13725.56 points and 3261.82 points respectively [3] Fund Issuance - The fund market witnessed a surge in new issuances post-holiday, with 23 funds launched on the first trading day after the holiday [3][4] - Among these, several passive index funds and enhanced index funds dominated, accounting for the majority of new products [4] - Notable funds included the E Fund Shanghai 380 ETF and the E Fund Shanghai 580 ETF, each with a fundraising cap of 8 billion units [3] Investor Sentiment - Investor confidence is reportedly improving, leading to a more active market environment, which is favorable for new fund issuances [5][6] - The current market conditions are expected to enhance the performance of actively managed equity funds, as they can leverage flexible allocation and professional research [5] Economic Outlook - The outlook for the fourth quarter suggests a steady recovery in the economy, with expectations of improved fundamentals and continued macro liquidity support [6][7] - The anticipated implementation of incremental policies is expected to sustain the upward trend in A-shares [6][7] Sector Trends - The technology sector is highlighted as a significant investment opportunity, particularly in AI and robotics, which are seen as key drivers of future market growth [7]