A股午评 | 沪指半日涨0.24%再创阶段新高 钢铁有色爆发 房地产板块走强

Market Overview - The three major indices experienced fluctuations, with the Shanghai Composite Index rising by 0.24% and the Shenzhen Component Index increasing by 0.15%, while the ChiNext Index fell by 0.52%. The total trading volume in the Shanghai and Shenzhen markets reached 1.63 trillion yuan, an increase of 150.3 billion yuan compared to the previous trading day. Notably, the Shanghai Composite Index hit a new high not seen since August 19, 2015 [1] Sector Performance Semiconductor Sector - The semiconductor sector continued its strong performance, with stocks like Chipone Technology and Demingli reaching their daily limit. This strength is supported by a partnership between Kioxia and NVIDIA to develop a new type of SSD that is nearly 100 times faster than traditional SSDs [2] Cyclical Sectors - The cyclical sectors, including small metals, gold, non-ferrous metals, steel, and coal, saw a broad rally, with stocks such as Shengda Resources and Northern Copper reaching their daily limit. This rally is attributed to the rise in base metals prices on the London Metal Exchange, with aluminum up 2.06% and copper up 0.44% [3] Real Estate Sector - The real estate sector showed strength, with stocks like Xiangjiang Holdings and Rongsheng Development hitting their daily limit. Analysts expect a rebound in real estate transaction volumes in the fourth quarter due to recent policy optimizations in major cities [4] Institutional Insights Oriental Securities - Oriental Securities noted that the market has re-established itself above all trend lines after two weeks of consolidation, indicating a proactive "upward choice." The challenge of surpassing 3900 points this month appears clear, with technology remaining a core investment focus [5] CITIC Securities - CITIC Securities reported that the consumer electronics and semiconductor sectors are in a recovery phase, driven by AI capabilities. They forecast that the electronic sector's revenue will reach 1.8578 trillion yuan in the first half of 2025, a year-on-year increase of 19.2% [6] Galaxy Securities - Galaxy Securities highlighted that 2026 may be a pivotal year for the foldable screen market's recovery, driven by anticipated new products from Apple. They also noted that advancements in AR technology could lead to smart glasses becoming the next mainstream computing device [7]