Core Viewpoint - The A-share market is currently in a "bull market continuation" phase, with expectations for long-term capital inflows and policy benefits in 2026, which will support overall market growth [2][9]. Market Overview - The A-share market experienced a total trading volume of 1.66 trillion yuan, a decrease of 155.7 billion yuan from the previous day [8]. - The number of stocks that rose was 2,845, while 1,416 stocks fell, indicating a mixed market performance [8]. Investment Opportunities - Key sectors for investment include technology and "anti-involution," as the market prepares for a potential cross-year configuration rally [9]. - The three major broad-based ETFs from Huabao Fund provide diverse options for investors looking to gain exposure to the Chinese market [10]. ETF Performance - The A50 ETF, A100 ETF, and A500 ETF are designed to track the performance of the A50, A100, and A500 indices respectively, offering investors a way to invest in leading companies across various sectors [3][10].
沪指勉强收红,创业板震荡调整,机构建议重点关注科技+反内卷两条主线 | 华宝3A日报(2025.12.18)