Nan Fang Du Shi Bao·2026-01-07 09:36Group 1 - The A-share market continues to show an upward trend, with the Shanghai Composite Index reaching 4085.77 points, up 0.05%, marking a 14-day consecutive rise [2] - The securities sector, considered a market leader, experienced a decline of 1.16%, ranking first in the list of declining sectors, with most brokerage stocks, except for Huayin Securities and Huaxin Co., recording declines of over 2% [2] - CITIC Securities, as the industry leader, saw a significant sell order of 492,200 shares, totaling over 1.45 billion yuan, indicating a pattern of large sell orders occurring during the market's upward trend [2] Group 2 - There are discussions in the investor community about the notion of "controlling the market rhythm," suggesting that large funds may suppress major brokerage stocks like CITIC Securities to prevent the index from rising too quickly [3] - Some analysts oppose this view, arguing that since the weight of the brokerage sector in the Shanghai Composite Index and CSI 300 Index is lower than that of banks and telecommunications, it would be more effective to use higher-weight sectors to adjust the index [3]