Sou Hu Cai Jing·2026-01-07 08:59Core Insights - The Shanghai Composite Index recorded a slight increase, achieving a 14-day winning streak, while the ChiNext Index experienced a pullback [1] - The total trading volume in the Shanghai and Shenzhen markets reached 2.85 trillion yuan, marking a 476 billion yuan increase from the previous trading day, with trading volumes exceeding 2.8 trillion yuan for two consecutive days [1] - Market sentiment showed rapid rotation among sectors, with over 3,100 stocks declining [1] Sector Summaries Semiconductor Equipment - The semiconductor equipment sector saw a significant surge, with companies like Northern Huachuang and Zhongwei Company reaching historical highs [2] - According to Dongwu Securities, the domestic semiconductor equipment industry is poised for historic growth, with an expected order growth rate exceeding 30% and potentially reaching over 50% by 2026 [2] - The sector is experiencing strong momentum due to continuous capital inflow, although caution is advised regarding the overall market capitalization of key stocks [2] Coal Industry - The coal sector strengthened in the afternoon, with companies such as Dayou Energy and Shanxi Black Cat hitting the daily limit [2] - Guohai Securities forecasts an improvement in the supply-demand relationship in the coal industry by 2026, with expected price increases for thermal and coking coal [2] - The anticipated average price for thermal coal is around 750 yuan, while coking coal is expected to average 1,550 yuan, indicating potential recovery in industry profitability [2] Controlled Nuclear Fusion - The controlled nuclear fusion sector showed strong fluctuations, with companies like China First Heavy Industries and China Nuclear Engineering hitting the daily limit [3] - The recent announcement from Energy Singularity regarding significant progress in nuclear fusion technology has catalyzed interest in this sector [3] - This sector is characterized by speculative trading driven by event catalysts, with potential for continued activity in the market [3] Commercial Aerospace - The commercial aerospace sector faced mixed sentiments, with stocks like China Satellite and Shanghai Hanxun declining over 6% due to the suspension of two major stocks for investigation [6] - Despite the pullback, stocks like Tongyu Communication and Lei Ke Defense maintained strong performance, indicating ongoing interest in the sector [6] - The sector's high popularity continues to attract capital, suggesting resilience as long as there is no significant negative feedback [6] Market Analysis - The market experienced fluctuations throughout the day, with all three major indices closing slightly higher and trading volume increasing [8] - There is a noticeable increase in market divergence, with more stocks declining than rising, indicating potential short-term correction needs [8] - The commercial aerospace sector remains a core focus, alongside semiconductor equipment and AI applications, which are showing positive rotation trends [8]