On the four trading days after the National Day holiday, the Shanghai Stock Exchange fluctuated repeatedly at 3,800 points. The market fluctuated, and funds exchanged positions but did not leave the market. According to industry experts, market adjustments and structural differentiation after the holiday season indicate that short-term fluctuations are more due to external disturbances and short-term emotional amplification, which is a phased adjustment at the level of expectations and transactions. Subsequently, with external disturbances moderating marginally, compounding policy support, and rising corporate profits, the medium- to long-term fundamentals of A-shares continue to increase, and market sentiment is expected to recover.

On the four trading days after the National Day holiday, the Shanghai Stock Exchange fluctuated repeatedly at 3,800 points. The market fluctuated, and funds exchanged positions but did not leave the market. According to industry experts, market adjustments and structural differentiation after the holiday season indicate that short-term fluctuations are more due to external disturbances and short-term emotional amplification, which is a phased adjustment at the level of expectations and transactions. Subsequently, with external disturbances moderating marginally, compounding policy support, and rising corporate profits, the medium- to long-term fundamentals of A-shares continue to increase, and market sentiment is expected to recover.