Market review:
China stocks rebounded with SHA climbed about 0.6% as US presidential debate resulted Hilary victory which reduced uncertainty that investors concerned about. And the index keep running in the upstream box shock interval.

Research Notes:
Money flowed into Real Estate, Finance and Retail sectors the most. Jiangsu Sanfangxiang Industry Co.(600370.sh),a cotton product manufacturer, rallied to limit-up for possible restructure plan.
DXY fell with investors switched to risk-on mode with the end of first debate, yet CNYUSD strengthened with shibor 1-week reached a new high this year, showed PBOC ‘s still unwilling to refill the inter-bank market with liquidity and it presents some risk for equity market. In commodity market,zinc, sugar and plastic led the rally while majority of commodities fell before the national day holiday, with egg, rebar and oil seed meals fell the most. Recent talk of overheating of property market might force gov to cool it down, as it could damp the expectation of reform. And accelerating of US harvest pressured the agriculture sector. The government scraps foreign asset allocation limits,
intending to show a 'goodwill gusture' to foreign investors, making mainland market more freedom to play, so might them want to play more .We believed that sectors, such as environment protection, new energy and electronic cars still are choices of value, especially when SHA down to 3000, yet investors should better their timing as the volatility usually surge before a week long holiday.