Six consecutive weeks of declines saw the Shanghai Composite Index fall over 6% in October, while the ChiNext Index dropped 23%. Over the weekend, the People's Bank of China and the China Securities Regulatory Commission simultaneously intervened: stabilizing expectations, introducing tools, and normalizing overnight reverse repos. However, on Friday, the Nasdaq fell 3%, Nvidia fell 4%, and the PMI was 49.3. Monday's lower opening will be watched for two points: whether it can rebound above 3600 with increased volume; and whether the tech sector will stop falling or if it's just a defensive play on dividends. Policy bottom ≠ market bottom. Do you think this is a rebound or a pullback? A-shares, Shanghai Composite Index