Brokerages Release November 'Golden Stock' Lists, Recommend Balanced Allocation for Coming Market

Brokerages have recently begun releasing their latest monthly investment portfolios. Wind data shows that as of the time of writing on November 3, nearly 250 A-share and Hong Kong-listed stocks had been recommended as "golden stocks" by brokerages. Looking back at the performance of brokerage golden stock indexes in October, the market correction left the indexes as a whole underperforming, though some saw smaller declines, showing a degree of resilience. On the outlook for A-shares, industry insiders judge that after a sharp market sell-off, the odds favor a rebound, and investors may prioritize sectors that have fallen the most but have solid medium- to long-term earnings logic. In terms of specific allocation, investors should avoid betting on a single style in November and instead allocate in a balanced way around approaches such as oversold rebounds, stable cyclicals, and high-dividend picks. (China Securities Journal)