The technology sector has become a significant force driving market trends.

On September 25, the ChiNext Index once again surpassed the 3200-point mark after several years. Market performance shows that sectors related to hard tech, AI, and new energy continued their active trajectory. This year, both institutional and individual investors have been closely watching opportunities in these related fields. Against the backdrop of accelerating technological innovation, the A-share market has formed a more stable foundation for a slow bull market than in the past. In the short term, moderate recovery in corporate profits and rational capital inflows support a steady market uptrend. In the medium to long term, technological innovation and structural reforms provide broader prospects for the stock market. Meanwhile, overseas investors’ interest in large-cap Chinese tech stocks and the AI industry chain continues to grow, with international capital accelerating its deployment in the Chinese market, injecting more momentum into A-shares.

This edition analyzes the multiple supporting factors behind the slow bull market trend and examines the latest developments in the technology sector and international capital flows.

[The content and views expressed in this program are for reference only and do not constitute any investment advice!]