China News Service, November 4th (Xie Yiguan, a reporter from China News and Finance) Recently, the Federal Reserve raised interest rates by 75 basis points again, but A shares were not afraid of disturbances and walked out of the independent market.

  On the 4th, the three major A-share stock indexes rose strongly in the morning and maintained a high trend in the afternoon.

  As of the close, the Shanghai Composite Index rose 2.43% to 3070.80 points; the Shenzhen Component Index rose 3.20% to 11187.43 points; the ChiNext Index rose 3.16% to 2451.22 points.

A-share closing performance.

  Thanks to the strong market for many days this week, the Shanghai Composite Index rose 5.31% for the week; the Shenzhen Component Index rose 7.55% for the week, and the ChiNext Index rose 8.92% for the week.

  The market went up and down, and the market trading sentiment rose again on the 4th. The trading volume of Shanghai and Shenzhen stock markets was 1,080.7 billion yuan throughout the day; the net inflow of northbound funds was 9.993 billion yuan throughout the day. The inflow was 6.218 billion yuan.

  Specific to the sector, the brewing sector, which has been making frequent efforts recently, rose again on the 4th, rising by more than 5%, driving a number of liquor stocks such as Kweichow Moutai, Wuliangye, and Luzhou Laojiao to rise.

Industry sectors such as insurance, electrical equipment, tourism, and non-ferrous metals were also among the top gainers.

  In terms of the concept sector, Salt Lake's lithium extraction rose more than 7% to lead the market, and concepts such as lithium mines, new energy vehicles, and new retail performed well.

The new energy vehicle sector even hit the daily limit. Among the related stocks, more than ten stocks such as Dongfang Electric, Mingtai Aluminum, and Celis closed their daily limit.

  Boosted by market confidence, not only A shares, but also Hong Kong stocks performed particularly well on the 4th.

As of the close, the Hang Seng Index rose 5.36% to 16161.14 points; the Hang Seng Technology Index rose 7.54% to 3264.23 points.

  Large technology stocks in Hong Kong stocks continued to strengthen. Bilibili rose by more than 17%, JD.com rose by more than 12%, Alibaba rose by nearly 11%, and Tencent rose by more than 7%; in addition, the new energy vehicle sector exploded, and Xiaopeng Motors rose by more than 24% %, Weilai rose 20%, and Ideal Auto rose more than 17%.

  Regarding the strong market of A-shares, CITIC Securities pointed out a few days ago that

with the further clarification of policy expectations, various disturbance factors will continue to ease, consolidating the foundation for the comprehensive repair of A-shares in the medium term

.

The concentrated release of short-term emotional trading in A-shares brings a better buying point for the monthly-level market.

  Huaxin Securities believes that the

Shanghai Index has now completed the bottom structure at the daily level, and the rebound signal at the technical level has been established

, so the short-term sentiment cycle will usher in a rare multi-cycle stage.

In addition, the valuation advantage has been established, and at the same time, due to the increasingly established economic recovery signal, it will also mean that the

economy in the fourth quarter is in a state of expansion compared with the third quarter

, and the "earnings spear" expectation will also be established.

(Finish)