沪指13连阳站稳4000点，再创十年新高

Market Overview - The Shanghai Composite Index successfully maintained above the 4000-point mark, closing at 4083.67 points, marking a 13-day consecutive rise and reaching a ten-year closing high [1][3] - The market exhibited a broad-based rally with total trading volume exceeding 2.83 trillion yuan, and over 4100 stocks rising [1][3] Factors Supporting Market Growth - The upward trend of the Shanghai Index from 2700 points to 4000 points was supported by positive macroeconomic policies, economic recovery, and the influx of new capital [1][3] - The increase in margin trading balances and the recovery of public fund issuance contributed to market liquidity [3][5] Sector Performance - Strong performances were noted in sectors such as brain-computer interfaces, chemical engineering, large financial institutions, non-ferrous metals, commercial aerospace, autonomous driving, and semiconductors [3] - Conversely, sectors like beauty care, CPO, and banking showed relatively weaker performance [3] Historical Context - The Shanghai Index's breakthrough of 4000 points is rare, previously occurring only during two bull markets in May 2007 and April 2015 [4] - This current rally is characterized by a higher proportion of institutional investors and a focus on hard technology, high-end manufacturing, and new energy sectors [4] Future Market Outlook - Multiple market institutions anticipate a "spring rally" in January 2026, driven by favorable internal policies and liquidity conditions [5][6] - The macroeconomic policy cycle is expected to support a friendly liquidity environment, with significant capital inflows anticipated from institutional investors [5][6] - The current market is entering a "spring rally" phase, with a focus on structural opportunities in sectors like commercial aerospace, robotics, and petrochemicals [6]