On October 8, the volume of the A-share market was adjusted on the first trading day of October. The main indices generally fell. The GEM index fell more than 3%, and the Science and Innovation Composite Index fell more than 4%. Sectors such as shipping, oil and gas extraction, and power batteries bucked the trend. More than 3,700 stocks fell in the overall A-share market, and nearly 1,700 stocks rose. The market turnover was 1.69 trillion yuan, up from the previous trading day. On the capital side, the A-share market financing balance fell by more than 95 billion yuan in September, and the net outflow of main capital from the Shanghai and Shenzhen markets exceeded 26 billion yuan on October 8. Financial sentiment was cautious. Analysts believe that expectations of the Fed's interest rate hike in October have weakened, so there is no need to worry about the risk of a sharp decline in the market; market performance is expected to improve compared to September. It is likely a structural repair window, and a balanced arrangement is recommended in terms of style.

Zhitongcaijing · 1d ago
On October 8, the volume of the A-share market was adjusted on the first trading day of October. The main indices generally fell. The GEM index fell more than 3%, and the Science and Innovation Composite Index fell more than 4%. Sectors such as shipping, oil and gas extraction, and power batteries bucked the trend. More than 3,700 stocks fell in the overall A-share market, and nearly 1,700 stocks rose. The market turnover was 1.69 trillion yuan, up from the previous trading day. On the capital side, the A-share market financing balance fell by more than 95 billion yuan in September, and the net outflow of main capital from the Shanghai and Shenzhen markets exceeded 26 billion yuan on October 8. Financial sentiment was cautious. Analysts believe that expectations of the Fed's interest rate hike in October have weakened, so there is no need to worry about the risk of a sharp decline in the market; market performance is expected to improve compared to September. It is likely a structural repair window, and a balanced arrangement is recommended in terms of style.