开盘：三大指数集体高开 证券板块涨幅居前

Market Overview - The three major indices opened higher, with the securities sector leading the gains. As of the market opening, the Shanghai Composite Index was at 3960.70 points, up 0.35%; the Shenzhen Component Index was at 13215.07 points, up 1.03%; and the ChiNext Index was at 3131.84 points, up 1.79% [1] Institutional Insights - Dongguan Securities noted that the A-share market experienced fluctuations on Wednesday, with sectors such as non-ferrous metals, oil and petrochemicals, defense and military industry, beauty care, and banking showing strong gains. Conversely, sectors like comprehensive services, real estate, media, building materials, and retail saw significant declines. The A-share market is currently in a phase of consolidation around the 4000-point mark, but a long-term upward trend is expected to continue [2] - Zhongyuan Securities observed that the A-share market faced resistance after a rise, resulting in slight fluctuations. Industries such as shipbuilding, precious metals, energy metals, and banking performed well, while internet services, software development, cultural media, and electronic components lagged. The market is in a crucial phase of consolidation and positioning for the upcoming year, with a high likelihood of the Shanghai Composite Index stabilizing around the 4000-point level. A rebalancing of market styles is expected to continue, with cyclical and technology sectors likely to alternate in performance [2]