[Analyst: Brazilian Market May Face Sell-Off at Opening, Buy on Dips Recommended] According to Jinse Finance, on October 26th, Rohan Daswani, an analyst at Gavekal Research, stated that the Brazilian market may experience a sharp sell-off at the open following Lula's unexpected victory over Bolsonaro, but investors should view this as a buying opportunity. He pointed out that the market had already priced in expectations of Bolsonaro's victory and strengthened fiscal discipline; with related trades being closed out, the structural bullish reasons for Brazil remain valid, including exceptionally high nominal and real interest rates, significant commodity exposure, and Brazil's increasingly important position in key mineral supply chains. He also noted that the Brazilian Congress's stance is significantly more conservative than the president's, limiting the space for a significant leftward shift in economic policy. The Brazilian stock market opened at 21:00 Beijing time.