[Why did it soar today? Consensus of many public offerings: Early adjustments have been relatively sufficient] November 4th, A-shares rebounded sharply today, with the Shanghai Composite Index rising by more than 2%, the GEM Index rising by more than 6%, and multiple technology ETFs hitting their daily limits. Why did it finally usher in a big rise today? In this regard, many public equity institutions pointed out that behind today's rebound in market conditions is that the previous market adjustments have been relatively sufficient. From a valuation perspective, the blue-chip pricing of the broader market is in the mid-to-low historical range, and the valuations of many high-quality companies in the growth sector have also corrected significantly, which provides investors with a strong margin of safety. From a fundamental point of view, the third quarterly report of A-shares delivered an overall outstanding response, and the overall revenue and net profit growth rate of listed companies hit a new high since 2022. The technology growth segment also had outstanding performance, with profits of many high-quality companies in the fields of semiconductors, electronics, and communication equipment rising significantly. Although volatility in the technology growth sector has intensified recently, industry insiders emphasize that the main line of the AI ​​industry continues to evolve, and long-term investment opportunities in the growth track are still abundant. (Reporter Li Di)