沪指创近十年新高！A股总市值破100万亿，股民：“子弹”还没装好就已上涨

Core Viewpoint - The A-share market has experienced a significant surge, with major indices breaking previous highs, indicating a potential bull market phase [1][3][5]. Market Performance - On August 18, the Shanghai Composite Index reached a nearly 10-year high, surpassing 3740 points during intraday trading, closing at 3728.03 points, up 0.85% [3][4]. - The North Star 50 index saw a remarkable increase, closing at 1576.63 points, up 6.79%, marking a historical high [3][4]. - The ChiNext Index also performed well, closing at 2606.20 points, up 2.84%, nearing its previous high from January 2023 [3][4]. Market Capitalization - The total market capitalization of A-share listed companies exceeded 100 trillion yuan for the first time, reaching a new historical high [4]. Sector Performance - The brokerage sector, known as the "bull market flag bearer," showed significant gains, along with sectors like stock trading software, optical modules, liquid cooling servers, rare earths, short drama games, and PEEK materials [1][3]. - Some sectors, including banks, gold, and industrial metals, experienced corrections after previous gains, while the real estate sector continued to decline [1][3]. Investment Sentiment - Experts generally agree that the current market presents a favorable opportunity for long positions, with ample incremental capital inflow into the A-share market [1][5]. - There is a consensus among institutions that the market is undergoing a "healthy bull" phase, driven by policy support and increased market confidence [5][6]. Investor Behavior - Retail investors remain cautious about the bull market, citing the need for stronger signals to confirm the trend and facing challenges in direct participation [7]. - Investment strategies suggest focusing on sectors with strong fundamentals and avoiding chasing high prices to mitigate risks [4][7].