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AH shares fell: ChiNext down over 1%, semiconductors declined, Shanghai gold down over 5%, Hang Seng Tech Index down over 1%, Pop Mart bucked the trend and rose over 5%, government bonds rebounded.

AH shares fell: ChiNext down over 1%, semiconductors declined, Shanghai gold down over 5%, Hang Seng Tech Index down over 1%, Pop Mart bucked the trend and rose over 5%, government bonds rebounded.

``` On October 22, A-shares opened lower in the morning session, with all three major indices falling collectively. The ChiNext Index fell more than 1%. Real estate and infrastructure sectors were active, memory stocks adjusted, and gold stocks plunged. Hong Kong stocks opened lower and continued to fall, with the Hang
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Foreign investment banks view Pop Mart's third-quarter report: Significantly exceeding expectations, comprehensive revenue acceleration, and overseas "blossoming in many areas"

Foreign investment banks view Pop Mart's third-quarter report: Significantly exceeding expectations, comprehensive revenue acceleration, and overseas "blossoming in many areas"

Pop Mart’s third-quarter results significantly exceeded market expectations, with revenue growth of 245%-250% compared to the same period in 2024. Multiple foreign investment banks including Goldman Sachs and Nomura unanimously believe that Pop Mart has accelerated comprehensively in both the Chinese and overseas markets, with overseas business showing
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Goldman Sachs: A slow bull market is forming in China's stock market, with key indexes expected to have about 30% upside by the end of 2027.

Goldman Sachs: A slow bull market is forming in China's stock market, with key indexes expected to have about 30% upside by the end of 2027.

``` Goldman Sachs analysts Kinger Lau and others pointed out in their report that the reasons for a sustained bull market include demand-side stimulus combined with the new Five-Year Plan, which helps with growth rebalancing and alleviating internal risks; artificial intelligence is reshaping the profit landscape, and AI capital investment is
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