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收评:沪指震荡微跌,金融、酿酒等板块走低,存储芯片概念等活跃
Zheng Quan Shi Bao Wang·2025-09-12 07:57

Market Performance - The three major stock indices experienced a rebound after hitting lows, but weakened again towards the end of the trading session, with the ChiNext Index falling over 1% while the Sci-Tech 50 Index rose against the trend [1] - As of the market close, the Shanghai Composite Index fell by 0.12% to 3870.6 points, the Shenzhen Component Index decreased by 0.43% to 12924.13 points, and the ChiNext Index dropped by 1.09% to 3020.42 points, while the Sci-Tech 50 Index increased by 0.9% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 25,486 billion yuan [1] Sector Performance - Sectors such as insurance, banking, brokerage, and liquor saw declines, while sectors like non-ferrous metals, real estate, semiconductors, and steel experienced gains [1] - Active sectors included storage chips, gold concepts, and rare earth concepts [1] Market Analysis - According to Everbright Securities, the current bull market is primarily driven by liquidity and may be in its mid-term phase [1] - The performance of the economic fundamentals has not significantly influenced this market trend, indicating that liquidity is the main driving force [1] - Since the market's rise on April 8, the Shanghai Composite Index has shown minimal overall pullback, although recent adjustments have occurred [1] - Historically, bull markets do not develop instantaneously, and the current adjustment has not exceeded past levels [1] - The TMT (Technology, Media, and Telecommunications) sector may become the main focus in the mid-term of the bull market, with financial sectors to be monitored as the market transitions to its later stages [1] - If the bull market shifts towards being driven by fundamentals, advanced manufacturing will be a key area of interest, with real estate also being a focus in the later stages of the market [1]