A股元件板塊持續走高，景旺電子、博敏電子漲停，奧士康、東山精密、滬電股份、生益電子紛紛上揚。

Northeast Securities macro chief Liao Bo at the 2026 Shanghai Total Volume Forum said recent market moves reflect liquidity rebalancing and that liquidity may become the dominant driver of asset pricing. He expects equities to converge toward intrinsic value and that sectors with larger prior drawdowns—Sci‑Tech Innovation Board (STAR Market) and ChiNext—are poised for valuation repair. Global markets will trade choppily in a volatile liquidity environment, with fundamentals and corporate earnings resilience determining the slope and sustainability of subsequent moves. On the industry side, demand for AI compute and advanced storage is lifting volumes and prices across hard‑tech supply chains; firms in AI, robotics and innovative pharmaceuticals continue to report high revenue growth. China’s complete manufacturing ecosystem and product cost‑performance are translating into export competitiveness. Asset allocation shorthand: technology as spear, commodities as shield; exports remain a structural bright spot for China into 2027.

UAE central bank: M3 money supply rose 12.32% YoY in September.