We interviewed four director-level public equity investors: Zou Hui, general manager of the equity investment department of Societe Generale Fund and manager of Societe Generale Research Selected Hybrid Fund; Liu Yuanhai, chief investment officer of Dongwu Fund and general manager of equity investment headquarters; Wu Hao, director of research department of CITIC Prudential Fund; and Zhu Hong, investment director of NORD Fund, to evaluate market trends in the fourth quarter. Interviewees believe that with the implementation of the Federal Reserve's interest rate hike, market concerns about macro-uncertainty events have abated. From the fourth quarter to around the Spring Festival next year, market opportunities may outweigh risks. Structural characteristics are still quite prominent. Focus on the direction of industry prosperity and performance with high certainty.

We interviewed four director-level public equity investors: Zou Hui, general manager of the equity investment department of Societe Generale Fund and manager of Societe Generale Research Selected Hybrid Fund; Liu Yuanhai, chief investment officer of Dongwu Fund and general manager of equity investment headquarters; Wu Hao, director of research department of CITIC Prudential Fund; and Zhu Hong, investment director of NORD Fund, to evaluate market trends in the fourth quarter. Interviewees believe that with the implementation of the Federal Reserve's interest rate hike, market concerns about macro-uncertainty events have abated. From the fourth quarter to around the Spring Festival next year, market opportunities may outweigh risks. Structural characteristics are still quite prominent. Focus on the direction of industry prosperity and performance with high certainty.