On October 28, the A-share market witnessed a notable rebound, underscored by a significant increase in trading volume, with all key indices turning a shade of red. The Shenzhen Component Index surged by over 2%, while both the ChiNext Index and the STAR Market Composite Index leaped by more than 3%. The technology sector, encompassing analog chips, CRO (Contract Research Organization), memory devices, and optical chips, shone particularly brightly, with tech stocks experiencing a substantial rebound overall.

On this day, over 4,100 stocks in the A-share market posted gains, with more than 70 stocks reaching their daily limit. Market turnover soared to 1.64 trillion yuan, marking a considerable uptick from the previous trading session. Regarding fund flows, as of October 27, equity ETFs (Exchange-Traded Funds) have attracted a cumulative net inflow exceeding 330 billion yuan since the start of October. On October 28 alone, the net inflow of principal funds in the Shanghai and Shenzhen stock exchanges surpassed 14 billion yuan, signaling a palpable warming of market sentiment.

Analysts have highlighted that the current valuation of A-shares is highly appealing, with incremental funds hastening their entry into the market and positive factors steadily accumulating. In the near term, the market is anticipated to embark on a recovery phase following the release of risks.