乐观情绪推动股市逆势上涨

Market Overview - Global stock markets mostly rose this week, with the MSCI Global Index increasing by 1.30%, led by emerging markets (+2.46%) over frontier markets (+1.39%) and developed markets (+1.18%) [1] - Taiwan's stock market was the best performer, gaining 5.42%, while South Korea's market saw the largest decline at -2.75% [1] - Chinese stocks rose by 2.64%, ranking in the middle globally, with Hong Kong stocks outperforming mainland stocks [1] Trading Activity - The average daily trading volume in A-shares was 17,248 billion CNY, a decrease of 2,014 billion CNY from the previous week [1] - The micro-cap index led gains in A-shares with a rise of 4.12% [1] - All 30 sectors in the CITIC first-level industry classification saw gains, with no sectors declining [1] Sector Performance - The media sector led the gains in A-shares with an increase of 6.38%, while the food and beverage sector had the smallest gain at 0.18% [1] - In the global GICS sector classification, consumer discretionary was the top performer at +4.85%, while energy was the worst performer at -1.76% [1] Fund Flows - All ETFs tracking the three major stock indices saw net inflows, with the ETF tracking the CSI 300 index increasing by 0.8 million shares and the CSI 500 index by 2.8 billion shares [1] - The ETF tracking the CSI A500 index saw a significant increase of 11.8 billion shares this week [1] Economic Indicators - The 10-year government bond yield slightly declined, while the 1-year yield also fell, leading to a contraction in yield spreads [1] - The market sentiment remains optimistic ahead of the upcoming Central Political Bureau meeting and Central Economic Work Conference, which are expected to provide positive guidance [2]