博时市场点评9月5日：沪指重返3800点，创业板涨超6.5%

Market Overview - The three major indices in the A-share market rebounded, with the Shanghai Composite Index returning to 3,800 points and the ChiNext Index rising over 6.5%. The total trading volume decreased to 2.3 trillion yuan [1] - The recent reduction in margin trading balance by over 10 billion yuan indicates a slowdown in the entry of leveraged funds, suggesting a marginal decline in short-term market risk appetite [1] - The market experienced a sentiment recovery after recent adjustments, with funds entering at lower levels, particularly in the underperforming new energy sector, which includes solid-state batteries, photovoltaics, and energy storage [1] Policy Support - The "2025-2026 Action Plan for Stable Growth in the Electronic Information Manufacturing Industry" was jointly issued by the Ministry of Industry and Information Technology and the State Administration for Market Regulation, aiming for an average growth rate of around 7% in the manufacturing value-added of major electronic sectors [2] - This plan emphasizes the strategic importance of the electronic information manufacturing industry and aims to guide resources towards high-end fields, promoting industrial upgrades and structural optimization [2] Sports Industry Development - The State Council issued an opinion to enhance the potential of sports consumption and promote high-quality development in the sports industry, targeting a total scale exceeding 7 trillion yuan by 2030 [3] - This initiative aims to make the sports industry a pillar of the national economy by increasing quality supply and stimulating consumption potential, which may boost market sentiment in related sectors [3] Market Performance - On September 5, the A-share market saw significant gains, with the Shanghai Composite Index closing at 3,812.51 points, up 1.24%, and the ChiNext Index at 2,958.18 points, up 6.55% [4] - Among the sectors, only the banking sector saw a decline, while power equipment, telecommunications, and non-ferrous metals led the gains [4] Fund Tracking - The market turnover was recorded at 23,487.17 billion yuan, showing a decrease from the previous trading day, while the margin trading balance fell to 22,795.44 billion yuan [5]