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a-shares continued to surge on friday (september 27), with the trading volume of a-shares exceeding rmb 1 trillion for three consecutive days. a number of well-known foreign investors also gathered to sing their praises.

// shanghai composite index posted its largest weekly gain in 16 years //

on september 27, the shanghai composite index closed at 3087.53 points, up 2.88%.the shanghai composite index rose by 12.81% that week, the largest single-week increase in the past 16 years since november 2008.。

also,the entrepreneurial sector index rose by 10% in a single day, setting a new record. the single-day turnover exceeded 430 billion yuan, also setting a new record.。

all industries experienced sharp gains this week.six industries including alcohol, diversified finance, securities dealers, catering and tourism, and real estate all saw weekly increases of more than 20%.。

// the net inflow of main funds is more than 30 billion //

judging from the capital flow of the industry this week, the main net inflow of funds is more than 30 billion yuan, and most sectors have net inflows. in,net inflows from daily consumption, finance, and information technology sectors all exceeded 7 billion yuan.materials, healthcare and other sectors also saw higher net inflows. only the energy sector saw a small net outflow.

// overseas asset management giants are all singing long //

international capital is more optimistic about chinese assets!

on september 26, david tepper, who runs the $6 billion hedge fund appaloosa management, outlined his bullish view on the chinese stock market in an interview. david tepper believes that,even after recent surge, chinese stocks still have plenty of room to rise. david tepper said: "compared with the past, china-related assets are also at a low point. and the current valuation is low, the price-to-earnings ratio is single digits, but the growth rate is double digits."

on september 25, goldman sachs quickly launched a strategy report. the bank believed that unconventional policies showed the determination of policymakers, and investors could buy into the shareholder return theme.the allocation opportunities brought about by the tactical rebound of a-shares may have arrived。

in addition, a report released by morgan stanley on september 26 showed that the meeting was a positive surprise for the market, and the mention of "implementing a powerful interest rate cut" was an unprecedented tone since 2012. focusing on the follow-up, the bank expects to have a modest supplementary budget at its meeting at the end of october, as well as possibly hinting at the pace and initial scale of the policy shift for the first time at its december meeting, and in march-april 2025, regulators some details about size and intensity may be revealed.