This week, the Shanghai Composite Index, Shenzhen Stock Exchange Index, GEM Index, and Science and Innovation Composite Index fell by 2.56%, 6.64%, 8.90%, and 8.26% respectively. The food, beverage, and banking industries bucked the trend. As the market continues to fluctuate and adjust, the valuation of A-shares has reached a relatively low level, and the cost performance ratio is prominent. Analysts believe that A-share valuations already have a good cost performance ratio, and there is limited room for decline. In the medium term, valuation adjustments and profit restoration are still expected to support the market. At the same time, listed companies are also actively carrying out repurchases. According to Wind data, as of October 15, 231 listed companies have implemented repurchases since October. The total number of repurchases reached 723 million shares, and the total repurchase amount reached 14.359 billion yuan, showing a significant increase from month to month.

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