Today (November 6th), the three major A-share indexes fluctuated widely. As of the close, the Shanghai Composite Index fell by 0.09%, the Shenzhen Component Index fell by 0.35%, and the Chinext Price Index fell by 1.05%; the Bei50 Index rose by 3.59%. The total trading volume in the two markets exceeded 2.5 trillion yuan.

On the market, the grain concept continued to rise in the afternoon, with stocks like Qiule Seed Industry and Zhongnongfa Seed Industry hitting the limit up; the national defense military industry sector remained active, with Avic Shenyang Aircraft and Shanghai Electric Group hitting the limit up; the low-altitude economy concept strengthened, with Citic Offshore Helicopter and Wisesoft Co., Ltd. hitting the limit up; in addition, Tesla suppliers, rare earth permanent magnets concept, solid state battery concept, real estate, commercial chain, media entertainment and other sectors led the gains; insurance, diversified finance, coal and other sectors led the declines.

In terms of transaction volume, the total turnover of the Shanghai and Shenzhen stock markets for the whole day was 2,562.843 billion yuan, an increase of 259.213 billion yuan from the previous day. Among them, the turnover in Shanghai was 1,026.808 billion yuan (compared to 929.931 billion yuan on the previous trading day), with a volume of 0.896 billion shares (compared to 0.821 billion shares on the previous trading day); the turnover in Shenzhen was 1,536.035 billion yuan (compared to 1,373.699 billion yuan on the previous trading day), with a volume of 1.215 billion shares (compared to 1.077 billion shares on the previous trading day). East Money Information ranked first in turnover at 56.806 billion yuan. This was followed by Chongqing Sokon Industry Group Stock, Citic Securities, Tongfu Microelectronics, and First Capital, with turnovers of 19.053 billion yuan, 17.24 billion yuan, 14.862 billion yuan, and 14.586 billion yuan respectively.

Regarding funds flow, the main funds of the Shanghai and Shenzhen stock markets had a net outflow of 98.852 billion yuan, accounting for 3.86%; large funds had a net outflow of 53.394 billion yuan, accounting for 2.08%; small funds had a net inflow of 83.255 billion yuan, accounting for 3.25%.

Securities institutions generally believe that the medium-term logic of the market is still positive, the short-term impact of external factors is gradually diminishing, and the collective rise of growth stocks is driving market sentiment. Strong expectations for future policies, greater momentum in domestic demand recovery, and the possibility of continuous inflow of incremental funds into the stock market. Guorong Securities recommends focusing on long opportunities in the financial and growth sectors. Everbright pointed out that with the results of the US election and the expectation of favorable domestic policies, wait-and-see funds may enter the market. Citic Securities believes that the support for the capital markets by policies is expected to strengthen, and the market may have entered the starting point of a new round of upward cycle.