On September 21, the three major stock indexes rose collectively. The Shanghai index rose 0.97%, and the index rose 0.80%. Driven by this, the low-dividend ETF Huatai Berry rose 0.17% to 1.186 yuan, with a turnover rate of 2.05% and a turnover of 632 million yuan, ranking first among similar target ETFs. According to the news, the market will continue to absorb the aftermath of the Federal Reserve's interest rate hike. The central bank's open market will have a 7-day reverse repurchase of 272 billion yuan due this week. Experts said that at present, the central bank's liquidity investment is more flexible and detailed, and the investment is strong enough to effectively hedge against the main disruptors; it is expected that the capital will be stable across months and seasons, and market interest rates are expected to remain stable. Huatai Securities said that after the implementation of the Federal Reserve's interest rate hike last week, the technology sector recovered, and the short-term uncertainty of overseas liquidity gradually subsided or opened a rebound window. The technology sector, which was suppressed by overseas liquidity expectations in the early stages, may have benefited. However, weak domestic economic and credit data, decline in the breadth of profit recovery, and cautious effects before the National Day still constitute suppressing factors. Market flexibility is upward or limited, maintaining a rebound rather than a trending market judgment. In the medium term, structural opportunities still exist; however, the scope of restoration has narrowed, and the tone has changed to neutral. In terms of allocation, along the layout of suppressing and mitigating technology, innovative drugs, and chemical chains with poor configuration, dividends are still used as bottom storage allocations to reduce fluctuations. Dongfangwealth Securities pointed out that as the fourth quarter approaches, the market may gradually shift towards stability, and the layout of next year's A share allocation for the fourth quarter is clearly regular. In terms of allocation, starting with stability as the main idea, we can currently focus on dividend sectors with high excess returns and stability in the fourth quarter of the past year, such as banks and home appliances. Investors can use the low-dividend ETF Huatai Berry as a base position, and investors without a stock account can also allocate it through its OTC linked fund.

On September 21, the three major stock indexes rose collectively. The Shanghai index rose 0.97%, and the index rose 0.80%. Driven by this, the low-dividend ETF Huatai Berry rose 0.17% to 1.186 yuan, with a turnover rate of 2.05% and a turnover of 632 million yuan, ranking first among similar target ETFs. According to the news, the market will continue to absorb the aftermath of the Federal Reserve's interest rate hike. The central bank's open market will have a 7-day reverse repurchase of 272 billion yuan due this week. Experts said that at present, the central bank's liquidity investment is more flexible and detailed, and the investment is strong enough to effectively hedge against the main disruptors; it is expected that the capital will be stable across months and seasons, and market interest rates are expected to remain stable. Huatai Securities said that after the implementation of the Federal Reserve's interest rate hike last week, the technology sector recovered, and the short-term uncertainty of overseas liquidity gradually subsided or opened a rebound window. The technology sector, which was suppressed by overseas liquidity expectations in the early stages, may have benefited. However, weak domestic economic and credit data, decline in the breadth of profit recovery, and cautious effects before the National Day still constitute suppressing factors. Market flexibility is upward or limited, maintaining a rebound rather than a trending market judgment. In the medium term, structural opportunities still exist; however, the scope of restoration has narrowed, and the tone has changed to neutral. In terms of allocation, along the layout of suppressing and mitigating technology, innovative drugs, and chemical chains with poor configuration, dividends are still used as bottom storage allocations to reduce fluctuations. Dongfangwealth Securities pointed out that as the fourth quarter approaches, the market may gradually shift towards stability, and the layout of next year's A share allocation for the fourth quarter is clearly regular. In terms of allocation, starting with stability as the main idea, we can currently focus on dividend sectors with high excess returns and stability in the fourth quarter of the past year, such as banks and home appliances. Investors can use the low-dividend ETF Huatai Berry as a base position, and investors without a stock account can also allocate it through its OTC linked fund.