「每日收评」沪指突破3900点创10年新高，全市场近百股涨停，核聚变、有色概念股联袂领涨

Core Insights - The Shanghai Composite Index opened high and broke through the 3900-point mark, reaching its highest level since August 2015, with a trading volume of 2.65 trillion yuan, an increase of 471.8 billion yuan from the previous trading day [1][7] - The market saw active rotation of hotspots, with 99 stocks hitting the daily limit up, particularly in the metals and nuclear power sectors [1][2] - The nuclear fusion sector experienced significant gains following the successful installation of a key component in a fusion energy experimental device, indicating a clearer commercialization path for nuclear fusion technology [2][6] Sector Summaries Nuclear Fusion Sector - The nuclear fusion concept stocks led the market, with companies like West Superconductor and Shanghai Electric hitting the daily limit up [2] - The successful installation of the Dewar base for the compact fusion energy experimental device in Hefei marks a new phase in the project, with expectations for accelerated capital expenditure in the sector during the 14th Five-Year Plan period [2][6] Metals Sector - Precious metals such as gold, silver, copper, and aluminum saw significant price increases during the "Double Festival" period, with COMEX gold rising by 4.81% [3][6] - The rare earth sector also showed strength, with several stocks hitting the daily limit up following new export control announcements from the Ministry of Commerce [3][6] Semiconductor Sector - The semiconductor sector experienced notable volatility, with major stocks like SMIC and Hua Hong Semiconductor showing mixed performance, indicating profit-taking after previous gains [5][7] - Despite short-term fluctuations, there remains a medium-term expectation for recovery in core semiconductor stocks, provided there are no significant downward trends [5][7] Market Trends - The overall market structure remains healthy with rising prices and increasing trading volume, but the sustainability of this trend will depend on future trading volumes [7] - The market is currently characterized by structural differentiation, with technology growth and certain cyclical stocks showing relative strength, particularly in sectors like metals, semiconductors, AI, solid-state batteries, and humanoid robots [7] Fund Flows - In September, the stock ETF market attracted over 111.3 billion yuan, marking a significant inflow of funds, particularly in ETFs tracking internet and battery indices [8]