2 1 Shi Ji Jing Ji Bao Dao·2025-12-31 07:25Market Performance - The Shanghai Composite Index (沪指) closed the year with a 0.09% increase, marking an 11-day consecutive rise and an annual gain of 18.41%, the highest in 10 years [1][3] - The Shenzhen Component Index (深成指) decreased by 0.58% but recorded a yearly increase of 29.87% [1][3] - The ChiNext Index (创业板指) fell by 1.23% but achieved a significant annual increase of 49.57% [1][3] - The Sci-Tech 50 Index (科创50指数) rose by 35.92% over the year, while the Northern Stock Exchange 50 Index (北证50指数) increased by 38.8% [1][3] Sector Performance - Key sectors driving the market included computing hardware, non-ferrous metals, banking, battery supply chain, innovative pharmaceuticals, commercial aerospace, and robotics [1][3] Stock Highlights - The top three performing stocks for the year were: - Shangwei New Materials (上纬新材) with a staggering increase of 1821.41% - Tianpu Co., Ltd. (天普股份) with a rise of 1662.49% - N Hengdong Light (N蘅东光) with an increase of 878.16% [2][4] Future Outlook - Institutions generally hold a positive outlook for the A-share market in 2026, citing factors such as increased domestic and foreign capital inflow, corporate profit recovery, and enhanced policy support as key drivers for a "slow bull" market [2][4]