“大起”被防住后，下周A股怎么走？

Core Viewpoint - The A-share market experienced significant fluctuations during the week of January 12-16, with an average daily trading volume exceeding 3 trillion yuan, but ultimately showed a trend of rising and then falling due to regulatory interventions [1][5]. Market Performance - The Shanghai Composite Index has shown notable volatility, having crossed the 4000 and 4100 points at the beginning of the year [2]. - The overall average stock price in the A-share market increased by 2.46% over the week, marking six consecutive weeks of gains [9]. Regulatory Actions - Regulatory measures included raising the margin requirements for financing, which was a significant action taken during the week [4]. - The China Securities Regulatory Commission (CSRC) emphasized the need for market stability and fair trading, with over 800 regulatory actions taken against abnormal trading and information disclosure issues [5][8]. Sector Trends - The commercial aerospace sector faced a continuous decline, with notable scrutiny on prominent investors like Chen Xiaoqun, indicating a targeted regulatory approach towards "pseudo-leaders" lacking fundamental support [5][8]. - Certain hot sectors, particularly in AI applications and commercial aerospace, saw significant declines, with indices related to these sectors dropping between 6.16% and 10.52% [12]. Investment Sentiment - Despite the regulatory "cooling" signals, the overall market response has been positive, with some investors interpreting the outflow of over 100 billion yuan from broad-based ETFs as a sign of "cooling" or "index suppression" [6][8]. - There is a shift in investment focus towards sectors that align better with regulatory expectations, indicating a potential reallocation of hot money [12]. Future Outlook - Analysts suggest that the commercial aerospace sector may continue to experience fluctuations similar to the new energy sector, driven by policy support and industry trends [14]. - The market is expected to remain resilient due to favorable liquidity conditions and ongoing positive policy stances, with potential for continued upward movement in the spring [15].