Recently, the profitability landscape in the equity market has undergone a notable strengthening, with a marked diversification in the market's primary trends. Against this dynamic backdrop, several public offering institutions, such as Guotai Asset Management, Xingyin Asset Management, Fullgoal Fund, and Huabao Fund, have organized autumn strategy sessions to deliberate on the market's trajectory for the fourth quarter. Experts in the public offering sector posit that the principal catalysts propelling the market forward are threefold:

Firstly, the persistent downturn in risk-free interest rates is channeling incremental capital into the market, thereby fueling an increase in market risk appetite. This trend reflects investors' growing willingness to embrace riskier assets in pursuit of higher returns amidst a low-interest-rate environment.

Secondly, the implementation of 'anti-inner-volume' policies (policies aimed at preventing excessive trading within a short time frame, which could distort market prices), along with optimistic projections for key economic indicators like the Producer Price Index (PPI), is fostering the elimination of surplus capacity in select industries. This, in turn, is enhancing the equilibrium between supply and demand, thereby stabilizing market conditions.

Thirdly, technological advancements and policy backing in cutting-edge sectors such as artificial intelligence (AI) and robotics are anticipated to ignite a fresh wave of technological industry cycles. This is expected to culminate in a reevaluation of related sectors, as investors recognize the transformative potential and long-term growth prospects of these innovative fields.