On the date, the three major stock indices closed collectively higher. By the close, the Shanghai Composite Index rose by .%, the Shenzhen Component Index increased by .%, the ChiNext Index gained .%, and the Beijing Stock Exchange Index fell by .%.

The full-day market turnover approached one trillion yuan, with nearly all individual stocks rising. On the market surface, the short-form drama and gaming sector remained strong throughout the day, while wind power equipment and genetically modified crops led the gains. Huawei-related concepts saw significant declines, and the cross-border payment sector experienced a deep correction.

Specifically, the wind power equipment sector led the gains. As of the close, Haili Wind Power surged over %, Jinlei Co. rose over %, and Shidai Xincai and Tianshun Wind Power closed limit-up. The genetically modified sector remained strong throughout the day, with Qiule Seed Industry up over %, Kangnong Seed Industry up over %, and Shennong Technology, Quanyin High-tech, etc., seeing significant gains. The cross-border payment sector led the declines, with Aihong Software down over %, Sifang Jingchuang down over %, Gaowei Software down over %, and Tianyang Technology, Zhongyi Technology, etc., all experiencing sharp drops.

Fund flows show that main funds continued to net inflow into media, electronics, machinery and equipment, power equipment, automotive, and utilities sectors in the late afternoon, while net outflow was seen in the computer and defense military sectors. Specifically, Zongshen Power, China Online, and Tianfeng Securities saw net inflows of . billion yuan, . billion yuan, and . billion yuan, respectively. On the net outflow side, Runhe Software, Softpower, and SMIC were sold off by . billion yuan, . billion yuan, and . billion yuan, respectively.

Qianhai Bourbon Fund: After the market rebounded sharply as expected, the current wave of rebound is still ongoing, with pressure nearby to be noted. If a valid breakthrough occurs, the outlook will be raised to a higher level. Pay attention to the rhythm switching between high dividend stocks and technology growth stocks. In the medium term, after the completion of the mid-term adjustment structure, and with the news of the US election and the interest rate meeting in November being settled, the index wave adjustment is expected to end, and the market may resume its upward momentum, challenging new highs.

Zhongtai Securities: The current market exhibits clear characteristics of a bull market, with rotation primarily driven by upward shifts in price centers. In terms of operation, focus on the valuation repair mainline, and on this basis, seek sectors with expected differences, such as photovoltaics and wind power, which may see order injections in the near term. Additionally, stocks with reorganization expectations can also be considered as high-elasticity varieties. Exchangeable bonds and other trading varieties can also be monitored, aiming to seize individual stock impulse opportunities while controlling risks.

Shenzhen Gaoping Junneng Capital: Application scenarios accelerating landing, mainly driven by rotational rises.