China News Service, Beijing, October 10th (Reporter Chen Kangliang) On the first trading day of October, China's A shares suffered adjustments, and all major stock indexes fell.

The representative Shanghai Composite Index fell below the 3,000-point mark that day.

　　Specifically, as of the close of the day, the Shanghai Composite Index reported 2,974 points, a decrease of 1.66%, with a turnover of 290.1 ​​billion yuan (RMB, the same below); the Shenzhen Component Index reported 10,522 points, a decrease of 2.38%, with a turnover of 337.9 billion yuan; the ChiNext Index reported 2236 points, down 2.3%.

　　Shen Zhengyang, an analyst at Northeast Securities, said that the current A-share market is still at the bottom of the shock stage, and investor sentiment is relatively sluggish, especially considering the impact of the external market, the "November" National Day holiday, the external market rose and fell, and external factors have not improved significantly. .

　　The U.S. stock market suffered a slump in the latest trading session.

By the close, the Dow Jones Industrial Average was down 2.11%, the Nasdaq Composite was down 3.8% and the S&P 500 was down 2.8%.

　　In terms of specific sectors, most of the A-share sectors fell on the day, but the breeding industry, oil and gas exploration and service sectors rose against the trend, up 4.7% and 4.43% respectively.

　　In response to the future trend of A-shares, Hui Xiangfeng, an analyst at Yingda Securities, said that the main board market is expected to usher in a bottom-up recovery in the fourth quarter, and the market style is expected to be more balanced, which will be a better allocation window.

　　Hui Xiangfeng analyzed that the macroeconomic environment and monetary policy are important variables that affect the trend of A shares, and the valuation of A shares itself also plays an important role in the trend of A shares.

In terms of macroeconomics, concerns about economic recession overseas have increased, and China's domestic growth stabilization policy has continued to exert force. China's economic growth rate in the fourth quarter will be significantly improved compared to the third quarter.

In terms of monetary policy, the fourth quarter may see the turning point of the current round of Fed rate hike cycle.

In terms of valuation, the current overall valuation of A-shares is at a historically low level.

(Finish)