On October 16, A50ETF Huabao fell 1.34%, with a turnover of 102 million yuan. The top ten heavy-held stocks had mixed ups and downs. On the upward side, China Merchants Bank led the way, while Zijin Mining and Ping An of China followed suit. In terms of decline, the Ningde Era and Hengrui Pharmaceutical led the decline. Some agencies believe that when the bull market enters the second phase, the pattern of strong shocks will continue. After experiencing a short-term rapid shortening of the market, the market changed from being dominated by simple emotions to being dominated by themes and fundamentals. After the general rise phase is over, the first focus of the market is on the three-quarter report. As the company's financial reports are revealed one after another, companies with poor fundamentals will face greater valuation pressure. A few companies with solid fundamentals and high dividend yields will be particularly favored by the market. With the implementation of the central bank's creation tools, the market's attention to undervalued high-quality stocks will increase significantly, which in turn is clearly beneficial to most weighted blue-chip stocks.

On October 16, A50ETF Huabao fell 1.34%, with a turnover of 102 million yuan. The top ten heavy-held stocks had mixed ups and downs. On the upward side, China Merchants Bank led the way, while Zijin Mining and Ping An of China followed suit. In terms of decline, the Ningde Era and Hengrui Pharmaceutical led the decline. Some agencies believe that when the bull market enters the second phase, the pattern of strong shocks will continue. After experiencing a short-term rapid shortening of the market, the market changed from being dominated by simple emotions to being dominated by themes and fundamentals. After the general rise phase is over, the first focus of the market is on the three-quarter report. As the company's financial reports are revealed one after another, companies with poor fundamentals will face greater valuation pressure. A few companies with solid fundamentals and high dividend yields will be particularly favored by the market. With the implementation of the central bank's creation tools, the market's attention to undervalued high-quality stocks will increase significantly, which in turn is clearly beneficial to most weighted blue-chip stocks.