The A-share market's trading volume is expected to reach 2.2 trillion today. Although the holiday is approaching, the volume remains strong. The overall performance of the A-shares and Hong Kong stocks is mediocre, but the internal structure of the market shows a positive trend.
The sectors of non-ferrous metals, storage, small metals, and gold stocks are leading the A-share market, which is basically in line with previous expectations. It is noteworthy that the leading sectors at the end of the month often indicate the investment focus for the following month. Therefore, gold stocks (including silver stocks), small metals (such as cobalt, lithium, nickel, and antimony), non-ferrous metals (especially copper), as well as brokerage and internet financial stocks may become the investment focus for October.
The storage sector has recently shown an accelerating trend, but in comparison, the gold, small metals, and non-ferrous metals sectors may perform more prominently in the coming month. At the same time, brokerage stocks and online financial stocks are also worth paying attention to.
In the Hong Kong stock market, Zijin Mining's subsidiary, Zijin Gold International, was listed on the Hong Kong Stock Exchange today, with a price increase of 60.8% at the morning close, meeting the reasonable increase expectation of 50-60%. If the closing price exceeds 108 HKD, the stock is expected to be included in the Hong Kong Stock Connect on October 16.
For the Hong Kong stock market's chip semiconductor sector, investors can focus on SMIC and Huahong Semiconductor, as these two stocks can basically reflect the overall trend of the sector. In addition, the performance of Alibaba and Tencent can be seen as a barometer for the Hang Seng Tech Index. It is worth mentioning that the recent strength in the stock prices of Alibaba and Baidu is closely related to the massive investments these internet giants are making in chip self-research and AI hardware.
Overall, despite the stable performance of the market, the internal structure is positive, with specific sectors performing actively, providing diverse opportunities for investors. In the upcoming October, it is recommended that investors closely monitor resource stocks such as gold, precious metals, and non-ferrous metals, as well as financial technology-related brokerage and online finance stocks.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The A-share market's trading volume is expected to reach 2.2 trillion today. Although the holiday is approaching, the volume remains strong. The overall performance of the A-shares and Hong Kong stocks is mediocre, but the internal structure of the market shows a positive trend.
The sectors of non-ferrous metals, storage, small metals, and gold stocks are leading the A-share market, which is basically in line with previous expectations. It is noteworthy that the leading sectors at the end of the month often indicate the investment focus for the following month. Therefore, gold stocks (including silver stocks), small metals (such as cobalt, lithium, nickel, and antimony), non-ferrous metals (especially copper), as well as brokerage and internet financial stocks may become the investment focus for October.
The storage sector has recently shown an accelerating trend, but in comparison, the gold, small metals, and non-ferrous metals sectors may perform more prominently in the coming month. At the same time, brokerage stocks and online financial stocks are also worth paying attention to.
In the Hong Kong stock market, Zijin Mining's subsidiary, Zijin Gold International, was listed on the Hong Kong Stock Exchange today, with a price increase of 60.8% at the morning close, meeting the reasonable increase expectation of 50-60%. If the closing price exceeds 108 HKD, the stock is expected to be included in the Hong Kong Stock Connect on October 16.
For the Hong Kong stock market's chip semiconductor sector, investors can focus on SMIC and Huahong Semiconductor, as these two stocks can basically reflect the overall trend of the sector. In addition, the performance of Alibaba and Tencent can be seen as a barometer for the Hang Seng Tech Index. It is worth mentioning that the recent strength in the stock prices of Alibaba and Baidu is closely related to the massive investments these internet giants are making in chip self-research and AI hardware.
Overall, despite the stable performance of the market, the internal structure is positive, with specific sectors performing actively, providing diverse opportunities for investors. In the upcoming October, it is recommended that investors closely monitor resource stocks such as gold, precious metals, and non-ferrous metals, as well as financial technology-related brokerage and online finance stocks.