立案调查！监管层重磅出手

Market Overview - The A-share market showed mixed performance with the Shanghai Composite Index rising by 0.29% and the ChiNext Index falling by 0.7% [1][2] - Over 3,500 stocks in the market experienced gains, with total trading volume in the Shanghai and Shenzhen markets reaching 2.71 trillion, a decrease of 317.9 billion from the previous trading day [1] Sector Performance - The electric grid equipment sector saw significant gains, with multiple stocks hitting the daily limit, including Baobian Electric and China West Electric [1] - Precious metals also performed well, with Sichuan Gold and Zhaojin Gold reaching their daily limits [1] - The commercial aerospace sector is recovering, supported by positive developments in domestic space technology [4] - The robotics and tourism sectors were active, while the CPO concept experienced a downturn [1][4] Regulatory Actions - The China Securities Regulatory Commission (CSRC) has initiated investigations into several companies, including Rongbai Technology, which signed a significant supply agreement with CATL [5][6] - The CSRC has reported that since the beginning of 2026, three A-share companies have received investigation notices [5] - Exchanges have intensified self-regulatory measures, with the Shanghai and Shenzhen stock exchanges taking action against 820 instances of abnormal trading behavior [6][7] Market Sentiment and Future Outlook - Market sentiment remains cautious, with expectations of continued volatility around the 4100-point mark [8] - Analysts believe the market is not at an end, citing limited actual gains and record trading volumes as indicators of ongoing interest from institutional investors [8] - The outlook for 2026 is optimistic, with expectations of a stable index and highlighted structural opportunities, particularly in the technology sector [8][9]