10月9日，A股迎来了国庆假期后的首个交易日，截至发稿，沪深指数均高开高走，双双刷新年内高 点，半导体板块大幅拉升，华虹公司涨超20%，工业富联等算力明星股继续强势上涨，为四季度行情奠 定了积极基调。尽管长假前市场曾出现短暂调整，但大多数机构观点均认为，当前A股市场在政策呵 护、产业突破与资金涌入的共同驱动下，"慢牛"行情有望在四季度延续，而科技成长板块依然是公认的 核心主线。 四季度A股投资布局上，AI算力、半导体、创新药等科技成长板块仍被众多机构共同看好。超过18家券 商公布的10月金股显示，电子板块以28次推荐继续领跑，成为券商最为看好的领域，制造业与科技仍是 机构关注的焦点 申万宏源证券认为，长假前的市场结构性热点有望延续，长假期间，OpenAI发布的视频生成模型Sora2 成为最新爆款应用，AI产业的C端应用空间打开，产业趋势得到验证；此外，存储需求延续高增长预 期，半导体行业的景气趋势也得到进一步强化。 三方面支撑慢牛行情 四季度或继续震荡上行 A股"牛市"行情愈发清晰，上证指数连升两季，临近3900点整数关。国庆长假前A股虽出现调整，但中 期展望并无显著下行风险。 瑞银证券中国股票策略分析师孟磊 ...

Group 1 - The A-share market is experiencing a strong upward trend, with the Shanghai Composite Index surpassing 3900 points, reaching a 10-year high [1] - The AI-related industry chain is seeing significant gains, particularly in the semiconductor sector, with the Chip ETF (159560) rising over 5.4% and achieving a trading volume exceeding 21 million yuan [1] - Major stocks within the Chip ETF, such as Chip Yuan Co., Ltd., have surged over 16%, while several others have increased by more than 10% [1] Group 2 - During the National Day holiday, the AI industry chain received multiple catalysts, including OpenAI's release of the video generation model Sora2, which can accomplish tasks previously deemed difficult [1] - AMD signed a multi-billion dollar chip procurement agreement with OpenAI, and Microsoft announced the full integration of AI features into its Office ecosystem, boosting investor confidence in the tech growth sector [1] - The domestic large model leader, Zhipu, has launched and open-sourced the new generation model GLM-4.6, achieving significant improvements in key capabilities [2] Group 3 - The Chip ETF (159560) closely tracks the CSI Chip Industry Index, which includes companies involved in chip design, manufacturing, packaging, and testing, as well as those providing semiconductor materials and equipment [2] - The top ten weighted stocks in the index include major semiconductor players such as SMIC, Cambrian, and North Huachuang [2] - Market outlook for October suggests a continuation of the upward trend observed in September, with a stable influx of incremental capital being a key driver for steady market growth [3]