Likes Received#2024.10.18 Midday Trading Strategy# The morning market rally was driven by the central bank's efforts. The governor's announcement on stock buybacks and special relending for increased holdings took effect today, directly boosting the market surge.
Brokerages immediately led the index rebound, briefly reclaiming the 3200 level during the session.
Among brokerage stocks, the only one that hit the limit-up was: Dongxing Securities Co., Ltd.
Subsequently, diversified financial sectors began to gain momentum.
Apart from brokerages, the tech sector also showed significant movement in the morning, with semiconductors, CPO, and PCB components all rebounding. Right after the morning close, another catalyst for tech emerged: "Advancing Chinese-style modernization requires technology to take the lead."
No doubt! In the afternoon, concept stocks like semiconductors, lithography machines, and chips are set to soar!!
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