3.6万亿元成交创纪录！A股春季行情燃爆，有私募产品“秒罄”吸金10亿元

Market Performance - The A-share market has experienced a strong recovery since the beginning of 2026, with a record daily trading volume of 3.64 trillion yuan on January 12, marking an increase of nearly 500 billion yuan from the previous trading day [2][3] - Major indices showed significant gains, with the Shanghai Composite Index rising by 1.09% to 4165.29 points, the Shenzhen Component Index increasing by 1.75% to 14366.91 points, and the ChiNext Index up by 1.82% to 3388.34 points [3] Private Equity Market - The private equity issuance market is also thriving, with the billion-level private equity firm Fusheng Asset raising over 1 billion yuan in a single day through a new product, indicating strong investor interest [2][4] - Fusheng Asset's new product was quickly sold out, reportedly within seconds, reflecting high demand from investors [5] Market Drivers - The current market rally is driven by a combination of policy, industry, and capital factors, with a shift from "valuation repair" to "profit verification" expected [4] - Key drivers include the implementation of commercial aerospace action plans, the launch of industrial internet and AI integration projects, and the ongoing benefits from the 14th Five-Year Plan [4] Private Equity Growth - The private equity market has seen a significant increase in new registrations, with 12,645 new private equity securities investment funds registered in 2025, nearly doubling from 6,337 in 2024 [7] - The total size of private equity funds reached 22.09 trillion yuan by the end of November 2025, with private equity securities management surpassing 7 trillion yuan [7] Investment Trends - The low interest rate environment has led to increased demand for equity and alternative assets among high-net-worth individuals and institutional investors, positioning private equity as a key investment choice [8] - The trend towards "head concentration" in the private equity sector is evident, with funds gravitating towards top-tier institutions that demonstrate brand and risk control advantages [8][9]