2026年A股市场“开门红”，公募基金产品布局提速

Core Viewpoint - The improvement in the funding environment has become a significant driving force for the market's rise, marking the beginning of a vibrant new market cycle in 2026 after a comprehensive recovery in 2025 [1][24][35]. Group 1: Market Performance - On the first trading day of 2026, all three major A-share indices rose, with the Shanghai Composite Index surpassing the 4000-point mark and achieving a record of 12 consecutive daily gains, the longest since March 1992 [1][24][34]. - The market's single-day trading volume surged to 2.57 trillion yuan, indicating a sharp increase in bullish sentiment among investors [1][24][34]. - By January 9, 2026, the A-share market continued to show strength, with the Shanghai Composite Index reaching 4100 points and total trading volume exceeding 3.15 trillion yuan, reflecting a significant increase in market activity [34][35]. Group 2: Fund Industry Growth - As of November 2025, the total scale of the public fund industry in China surpassed 37 trillion yuan, marking a historic milestone and achieving a record high for eight consecutive months [5][27]. - The rapid growth of the ETF market has been a key contributor, with the total scale of ETFs reaching 6 trillion yuan by December 26, 2025, marking the fastest crossing of a trillion yuan milestone in just four months [5][27][28]. - The ETF market has transitioned from being dominated by stocks to a more balanced structure, with bond and commodity ETFs emerging as new growth areas, reflecting an increasing demand for diversified asset allocation [30][31]. Group 3: Investment Opportunities - The investment themes for 2026 are shaped by the performance of the AI industry, policy incentives for domestic consumption, and strategic opportunities in high-end manufacturing [3][26][43]. - Fund managers are increasingly focusing on technology growth, with a balanced approach that includes value assets to mitigate volatility [43][44]. - The high-end manufacturing sector is expected to present significant investment opportunities, driven by policy support and technological advancements in critical industries [46][47]. Group 4: Fund Management Strategies - Leading fund companies like Huaxia Fund are enhancing their product offerings to provide comprehensive asset allocation tools, including a range of ETFs that cater to various investment needs [41][47]. - Huaxia Fund has launched several thematic ETFs, achieving impressive returns, such as an 85.3% return for its AI-themed ETF and a 90.48% return for its Hong Kong biotech ETF [41][47]. - The company is also responding to regulatory changes by renaming existing ETFs to improve product identification and decision-making efficiency for investors [41].