Market Overview - The Shanghai Composite Index has risen above 4100 points, with trading volume exceeding 3.1 trillion yuan, indicating active trading sentiment [1][7] - The People's Bank of China emphasized the continuation of a moderately loose monetary policy, focusing on expanding domestic demand and optimizing supply as key points for this year's monetary policy [1][7] Economic Indicators - In December 2025, the Consumer Price Index (CPI) increased by 0.2% month-on-month and 0.8% year-on-year, while the core CPI (excluding food and energy) rose by 1.2% year-on-year [2][8] - The Producer Price Index (PPI) decreased by 1.9% year-on-year, with the decline narrowing by 0.3 percentage points compared to the previous month [2][8] - The stable CPI indicates a steady domestic consumption demand, providing room for maintaining a moderately loose monetary policy [2][8] Gold Market - As of the end of 2025, the total value of official gold reserves held by non-U.S. central banks is estimated at approximately $3.93 trillion, surpassing the total value of U.S. Treasury securities held by these countries, which is about $3.88 trillion [2][8] - This milestone reflects a long-term trend of diversification in foreign exchange reserve assets among central banks, providing solid support for long-term demand for gold [3][9] Stock Market Performance - On January 9, 2026, the A-share market saw all three major indices rise, with the Shanghai Composite Index closing at 4120.43 points, up 0.92% [4][10] - The Shenzhen Component Index rose by 1.15% to 14120.15 points, while the ChiNext Index increased by 0.77% to 3327.81 points [4][10] - Among the sectors, media, comprehensive, and defense industries showed significant gains, with increases of 5.31%, 3.60%, and 3.29% respectively [4][10] Fund Tracking - The market turnover reached 31,525.96 billion yuan, an increase from the previous trading day [5][11] - The margin trading balance reported at 26,206.09 billion yuan, also showing an increase compared to the previous day [5][11]
博时市场点评1月9日：两市成交突破3万亿，沪指站上4100点
Xin Lang Cai Jing·2026-01-09 08:19