On October 26, the A-share market rebounded, and the Shanghai Stock Exchange Index rose slightly. Both the Shenzhen Securities Index and the GEM Index fell by more than 1%. The overall A-share market rose by more than 2,200 stocks, and nearly 60 stocks rose or stopped. The turnover was 1.62 trillion yuan, down from the previous trading day. In terms of capital, incremental capital is actively flowing into the market. According to Wind data, as of October 23, the cumulative net inflow of equity ETF capital since October has exceeded 280 billion yuan, and the cumulative repurchases of listed companies have exceeded 17 billion yuan. As the market continues to fluctuate, the valuation of A-shares has reached a relatively low level. Analysts believe that the overall valuation of the A-share market has fallen below the historical average, and both horizontal and vertical comparisons have good investment appeal. Currently, A-shares should not be overly pessimistic; in the short term, they may be dominated by shocks and structural opportunities.

On October 26, the A-share market rebounded, and the Shanghai Stock Exchange Index rose slightly. Both the Shenzhen Securities Index and the GEM Index fell by more than 1%. The overall A-share market rose by more than 2,200 stocks, and nearly 60 stocks rose or stopped. The turnover was 1.62 trillion yuan, down from the previous trading day. In terms of capital, incremental capital is actively flowing into the market. According to Wind data, as of October 23, the cumulative net inflow of equity ETF capital since October has exceeded 280 billion yuan, and the cumulative repurchases of listed companies have exceeded 17 billion yuan. As the market continues to fluctuate, the valuation of A-shares has reached a relatively low level. Analysts believe that the overall valuation of the A-share market has fallen below the historical average, and both horizontal and vertical comparisons have good investment appeal. Currently, A-shares should not be overly pessimistic; in the short term, they may be dominated by shocks and structural opportunities.