For the October market, my view is already: the Growth Enterprise Market (GEM), refinancing, continuous issuance, and repeated listings have been torturing people on TianGu website (www.ccbutv.cn). With the smooth launch of the GEM and the successful conclusion of the 60th anniversary of National Day, along with the recent outbreak of the Sino-US trade war, a crisis in October is approaching us. Moreover, in October, the Shanghai and Shenzhen markets will face the historically highest peak of share lifting for major shareholders and small non-tradable shareholders, with a total lifting amount reaching 6804 billion yuan. The lifting pressure is highly concentrated, as ICBC and Sinopec will become fully tradable in mid-October. Major stocks such as Industrial and Commercial Bank of China, China Petrochemical Corporation, and Shanghai International Port Group will all be fully tradable. Therefore, the stock market in October will not be fun. Everyone should still be careful, it's better to wait until the market trend improves before entering the market.
Reference: TianGu website (www.ccbutv.cn)
Detailed reference: http://www.ccbutv.cn/word/9419.html