A-shares opening speed post | A-shares three major stock indices collectively opened lower with the Shanghai Composite Index down 0.08%. AI data and other sectors have the biggest declines.

A-shares saw a collective decline in the three major stock indexes, with the Shanghai stock index down 0.08% and the ChiNext index down 0.2%. On the market, the AI corpus, quantum technology, and gold sectors were among the top decliners. Institutional views on the future market: Huatai: There is a high probability of the index continuing to break through upwards, under the "anti-internal in-fighting" policy, related industries will see improvement. Huatai stated that the current bull market has a prominent structural focus, with trading in the market being relatively concentrated. The existence of mainline clustering means that the subsequent market trend is more likely to be disrupted by trading structure risks. In the short term, after the China-US negotiations at the end of October, negative factors restraining the market are expected to be digested. If there are no further adverse factors in the negotiations, the market may break out of the consolidation range, and with the increase in risk appetite, there is a higher probability of the index continuing to break through upwards. Meanwhile, the "Fifteen-Five" plan as a top-level blueprint has set the direction for the country's development in the next five years, so the focus is now on the implementation of specific policies. The coming period is a time of intensive policy formulation, and opportunities related to event-driven factors are worth paying attention to. Huajin Securities: The slow bull trend and the technology mainline remain unchanged, recommending to allocate technology as a part of CKH Holdings' cyclical and core assets industries. Huajin Securities stated that the slow bull trend and the technology mainline remain unchanged. Industry allocation: in the short term, continue to allocate technology as part of CKH Holdings' cyclical and core assets industries when opportunities arise. Short-term suggestions for allocating include: industries such as communication (computing power), electronics (semiconductors, consumer electronics), media (games, AI applications), machinery (Siasun Robot & Automation), computers (AI applications, autonomous driving), non-ferrous metals, chemicals, etc.; and industries benefiting from the "Fifteen-Five" plan and third-quarter performance improvements such as new energy, pharmaceuticals, consumption (food, retail trade), and defense industry (commercial aerospace). Orient: The Shanghai index breaks 4000 points, and may face trading volatility disturbances in the future, but it does not affect the continued climb. Orient stated that overall, after the Shanghai Composite Index broke through 4000 points, market trading heat has cooled down, and the daily volatility of major indexes has increased. Various entities have different opinions at relatively high levels in the market. In the future, the market may still face trading volatility disturbances, but it will not affect the continued ascent of stock indexes.