Zheng Quan Shi Bao·2025-09-29 09:11Market Overview - A-shares experienced a strong upward trend, with major indices such as the Shanghai Composite Index and ChiNext reaching multi-year highs, and total trading volume reaching 2.18 trillion yuan [1] - The Shanghai Composite Index closed at 3899.96, with a daily increase of 34.42 points, or 0.90% [2] Sector Performance - The new energy sector saw significant gains, with lithium batteries, energy storage, solar, and wind power industries all experiencing substantial increases [4] - Non-bank financials attracted over 20.5 billion yuan in net inflows, while sectors like power equipment and electronics also saw over 10 billion yuan in net inflows [3] Investment Sentiment - Market sentiment is cautious ahead of the National Day holiday, with potential for continued pullback in high-tech sectors, but long-term investment remains favorable due to stable policy direction and rational retail investor sentiment [3] - Analysts suggest "holding stocks through the holiday" as long-term funds and foreign investments continue to show interest [3] Policy and Regulatory Environment - The People's Bank of China emphasized the need for a moderately loose monetary policy to encourage financial institutions to increase credit supply [11] - Recent announcements from the Chinese government regarding climate goals and support for the new energy vehicle industry are expected to boost related sectors [8] Notable Stocks - Stocks such as Wanrun New Energy and Longhua Chemical saw their prices surge by 20% due to strong market performance in the new energy sector [4][6] - Brokerage stocks experienced a significant rally, with trading volume in the sector increasing from 35.2 billion yuan to 123.4 billion yuan [9]