Di Yi Cai Jing Zi Xun·2025-12-31 08:02Market Performance - The A-share market closed on December 31, 2025, with the Shanghai Composite Index rising by 0.09%, marking an 11-day consecutive increase and an annual gain of 18.41%, the highest in 10 years [2] - The Shenzhen Component Index fell by 0.58% but recorded an annual increase of 29.87%, while the ChiNext Index dropped by 1.23% with an impressive annual rise of 49.57% [2] - The STAR 50 Index and the Northern Stock Exchange 50 Index saw annual increases of 35.92% and 38.8%, respectively [2] Sector Performance - The commercial aerospace sector continued its strong performance, with significant gains in AI applications, education, aviation, and cultural media sectors [5] - Conversely, the pharmaceutical commercial, shipbuilding, battery, oil, and semiconductor sectors experienced declines [5] Notable Stocks - Top gainers included Jiuzhiyang (+20.00%), Feiwo Technology (+17.91%), and Xinyi Communication (+16.98%) [6] - The AI concept stocks also performed well, with BlueFocus Media reaching a 20% limit up, alongside Desheng Technology and Kevin Education [7] Market Activity - The total trading volume in the Shanghai and Shenzhen markets was 2.05 trillion yuan, a decrease of 97.2 billion yuan from the previous trading day, with over 2,700 stocks declining [7] - Major inflows were observed in aerospace, media, and computer sectors, with BlueFocus Media, Liou Co., and Aerospace Electronics receiving net inflows of 2.746 billion yuan, 2.300 billion yuan, and 1.810 billion yuan, respectively [9] Institutional Insights - According to Everbright Securities, there is a significant divergence in market funds, indicating that a structural market trend is likely to continue [10] - China International Capital Corporation noted that the structural differentiation observed on the closing day is expected to persist into 2026, with a gradual upward trend anticipated [11] - CITIC Securities projected a low-volatility slow bull market for A-shares in 2026, driven by policy support and long-term capital inflows, with expectations for continued improvement in listed companies' net profits [11]