收盘丨A股三大指数高开高走，全市场成交额突破2万亿

Market Overview - The total trading volume in the Shanghai and Shenzhen markets reached 2.04 trillion yuan, an increase of 310.9 billion yuan compared to the previous trading day [1][4] - Major indices closed higher, with the Shanghai Composite Index rising by 0.54%, the Shenzhen Component Index by 1.39%, and the ChiNext Index by 2.6% [1][2] Sector Performance - The computing hardware sector saw significant gains, with stocks related to CPO leading the rally; other active sectors included lithium mining, cross-strait integration, photolithography machines, superhard materials, consumer electronics, and commercial aerospace [2][4] - Conversely, resource stocks such as coal and oil & gas experienced weakness [2] Individual Stock Highlights - Notable gainers included Hongxiang Co. (+19.98%), Ruijie Networks (+11.23%), and Guangpu Co. (+10.53%) [3] - Over 3400 stocks in the market recorded gains [4] Capital Flow - Main capital inflows were observed in the electronics, communications, and securities sectors, while outflows were noted in aerospace, home appliances, and food & beverage sectors [7] - Specific stocks with significant net inflows included Shannon Chip Creation (1.126 billion yuan), Shenghong Technology (843 million yuan), and CITIC Securities (759 million yuan) [7] Institutional Insights - Huatai Securities anticipates an early start to the "spring surge" in mid to late December, recommending a balanced allocation between growth and cyclical stocks [8] - China International Capital Corporation (CICC) is optimistic about technology growth investments by 2026, focusing on domestic demand recovery and high export growth [8] - CITIC Securities notes that before any unexpected changes in domestic demand, market fluctuations and structural opportunities will be the norm, with resource and traditional manufacturing sectors being undervalued [8]