沪指“14连阳” 散户、机构都在入场

Group 1 - The A-share market has shown strong performance, with the Shanghai Composite Index achieving a 14-day consecutive rise and reaching a new high in the current bull market by January 7, 2026 [1] - In 2025, the total number of new A-share accounts opened reached 27.4369 million, a year-on-year increase of 9.75%, with individual investors contributing 27.3324 million accounts and institutions 104,539 accounts [2][5] - The monthly new account openings peaked in March 2025 with 3.0655 million accounts, followed by September with 2.9372 million accounts [2][3] Group 2 - The A-share market's upward trend is linked to investor enthusiasm, with the Shanghai Composite Index rising 18.41% in 2025, an increase of nearly 6 percentage points compared to 2024 [5] - Following the New Year, the market is expected to continue its structural trend, supported by positive investor sentiment from the Hong Kong market and the renminbi exchange rate [7] - The focus for January includes performance disclosures, with expectations for significant year-on-year growth in earnings due to low comparative bases from the previous year [7][8]