【中证1000ETF（159845.SZ）下跌1.41%，机构预计A股将在2026年继续走强】

Market Performance - On January 20, the A-share market saw a collective decline in the three major indices, with the Shanghai Composite Index dropping by 0.35% [1] - The CSI 1000 ETF (159845.SZ) fell by 1.41%, while other broad indices such as the SSE 50 decreased by 0.12%, the CSI 300 by 0.52%, and the CSI 500 by 1.22% [1] ETF and Stock Performance - The CSI 1000 ETF's top 50 weighted stocks included notable gainers such as Ming Tai Aluminum Industry, which rose by 9.99%, and Shiyun Circuit, which increased by 2.27% [2] - Conversely, Cambridge Technology and Chunzhi Technology experienced significant declines of -7.96% and -7.45%, respectively [2] Industry Analysis - Key industries within the CSI 1000 ETF showed declines, with Electronics down by 1.58%, Power Equipment by 2.07%, Pharmaceuticals by 0.83%, Computers by 1.44%, and Machinery by 1.57% [3] - The CSI 1000 ETF experienced a net outflow of funds amounting to 9.032 billion yuan over the last five trading days and 8.315 billion yuan over the last ten days [3] Economic Insights - The State Council emphasized the importance of increasing consumer income as a means to boost domestic demand, focusing on the integration of livelihood improvement and consumption promotion [3] - Zheshang Securities projected that the A-share market will continue to strengthen through 2026, driven by liquidity, with a structural market characterized by low volatility dividends and technology growth [3] ETF Overview - The CSI 1000 ETF closely tracks the CSI 1000 Index, which consists of 1,000 small-cap stocks that are liquid and excluded from the CSI 800 Index, reflecting the price performance of a segment of small-cap companies in the A-share market [4]