今天，“牛市旗手”发力，A股成交额连续3日突破2万亿

Market Overview - A-shares experienced a broad rally, with the Shanghai Composite Index rising 0.83% to 3696.77 points, the Shenzhen Component Index increasing by 1.6%, and the ChiNext Index up by 2.61% [1][2] - Over 4600 stocks rose, with a market turnover of 22,446 billion yuan, marking the third consecutive day above 20,000 billion yuan [2] Sector Performance - The securities and internet finance sectors saw significant gains, with stocks like Zhina Compass, Tonghuashun, and Dongfang Caifu experiencing substantial increases [2] - The computing power industry chain rebounded, with electric power equipment and liquid-cooled servers also showing strong performance [2] Financial Data Insights - CICC reported that new deposits from non-bank financial institutions reached 2.14 trillion yuan in July, a year-on-year increase of 1.39 trillion yuan, indicating heightened financial investment activity in the private sector [3] - The increase in non-bank financial institution deposits may suggest a shift of funds towards the stock market due to declining deposit rates and weaker relative attractiveness of fixed-income assets [3] Financing Trends - From August 11 to 14, A-share financing balances remained above 20 trillion yuan for four consecutive trading days, driven by improved policy expectations and a recovery in market risk appetite [4] - Financing funds have primarily flowed into information technology, industrial, and materials sectors, reflecting confidence in structural optimization and high-quality economic development [4] - Current margin financing levels are at historical midpoints, significantly lower than the peak levels seen in 2015, suggesting a stable liquidity environment [4]