In October, China's A-share market showed a divergent trend, with the Shanghai Composite Index rising 1.85%, while the Shenzhen Component Index and ChiNext Index fell 1.1% and 1.56% respectively. As investors seek opportunities for November, over 10 brokerages have published their monthly investment portfolios, covering sectors such as materials, information technology, and consumer goods.
**Most Recommended Stocks** According to incomplete statistics, several stocks received recommendations from two brokerages each, including Wus Printed Circuit, Foxconn Industrial Internet, and Yunnan Aluminium. Among them, Zhongji Innolight saw the highest October gain, surging over 17% to close at 473.01 yuan, while Top Group experienced the steepest decline, dropping over 8.9% to 73.78 yuan.
**Preferred Sectors** Brokerages anticipate increased volatility in the A-share market and suggest focusing on metals, brokerages, and pharmaceuticals.
- **Guosheng Securities** recommends a balanced allocation strategy, emphasizing sectors with strong fundamentals such as non-ferrous metals, lithium batteries, and memory chips. They also highlight undervalued assets with dividend potential, including coal, telecom operators, and utilities.
- **Central China Securities** expects continued structural volatility, advising investors to prioritize low-volatility assets. They suggest increasing exposure to technology stocks if significant corrections occur and recommend watching financials (brokerages, insurance, banks) and pharmaceuticals.
- **Donghai Securities** outlines three key investment themes: 1. Continued optimism for tech, particularly artificial intelligence. 2. Opportunities in strategic emerging industries and future sectors mentioned in China’s upcoming 15th Five-Year Plan. 3. Potential benefits from infrastructure-driven demand for upstream resources amid expectations of steady Q4 investment growth.
Investors are advised to monitor these sectors for potential opportunities in November.