每日复盘：主要指数集体走低，半导体板块冲高回落

Market Overview - On January 10, 2025, major indices collectively declined, with the semiconductor sector experiencing a pullback after an initial surge The Shanghai Composite Index fell by 1 33%, the Shenzhen Component Index dropped by 1 80%, and the ChiNext Index decreased by 1 76% The market turnover was 1148 11 billion yuan, an increase of 36 27 billion yuan from the previous trading day [2] - Across the market, 545 stocks rose while 4866 stocks fell [2] - In terms of market style, the performance ranking of indices was: 0>financial>cyclical>stable>consumer>growth Large-cap growth outperformed large-cap value, mid-cap value, small-cap growth, mid-cap growth, and small-cap value Fund-heavy stocks performed better than the CSI All Share Index [2] - Among industries, 30 CITIC primary industries generally declined The relatively better-performing sectors were non-ferrous metals (-0 38%), banking (-0 46%), and automobiles (-1 28%) The underperforming sectors were retail (-4 48%), communications (-3 40%), and media (-3 32%) [2] Capital Flow Performance - On January 10, 2025, the net outflow of main funds was 46 84 billion yuan, with large single orders net outflowing 18 03 billion yuan and small single orders net outflowing 28 81 billion yuan Medium single orders net outflowed 2 77 billion yuan, while small single orders continued to net inflow 47 54 billion yuan [3] - On January 10, the trading volume of ETFs such as SSE 50, CSI 300, CSI 500, and CSI 1000 mostly increased compared to the previous trading day The trading volumes of ChinaAMC SSE 50 ETF, Huatai-PineBridge CSI 300 ETF, Harvest CSI 300 ETF, E Fund CSI 300 ETF, Southern CSI 500 ETF, Southern CSI 1000 ETF, and ChinaAMC CSI 1000 ETF were 2 45 billion yuan, 3 18 billion yuan, 785 million yuan, 913 million yuan, 1 28 billion yuan, 1 18 billion yuan, and 334 million yuan, respectively, with changes of +404 million yuan, +60 million yuan, +19 million yuan, +38 million yuan, -216 million yuan, -929 million yuan, and -285 million yuan from the previous trading day [3] - On January 9, the main broad-based ETF capital flow showed that funds mainly flowed into CSI 300 ETFs, with an inflow of 640 million yuan [3] Global Market Performance - On January 10, 2025, major Asia-Pacific stock indices generally closed lower The Hang Seng Index fell by 0 92% to 19064 29 points, the Hang Seng Tech Index dropped by 1 18% to 4260 82 points, the KOSPI fell by 0 24% to 2515 78 points, the Nikkei 225 fell by 1 05% to 39190 40 points, and the S&P/ASX 200 fell by 0 42% to 8294 10 points [4] - On January 9, the three major European stock indices were mixed The German DAX fell by 0 06% to 20317 10 points, the UK FTSE 100 rose by 0 83% to 8319 69 points, and the French CAC40 rose by 0 51% to 7490 28 points The US stock market was closed on January 9 in memory of President Carter [4] Market Style and Industry Performance - In terms of market style, the performance ranking of indices was: 0>financial>cyclical>stable>consumer>growth Large-cap growth outperformed large-cap value, mid-cap value, small-cap growth, mid-cap growth, and small-cap value Fund-heavy stocks performed better than the CSI All Share Index [23] - Among industries, 30 CITIC primary industries generally declined The relatively better-performing sectors were non-ferrous metals (-0 38%), banking (-0 46%), and automobiles (-1 28%) The underperforming sectors were retail (-4 48%), communications (-3 40%), and media (-3 32%) [23] - In terms of concept sectors, most concept sectors declined, while robot actuators, PLC, and Chiplet sectors rose Pinduoduo, Kuaishou, and yesterday's limit-up stocks including one-word limit-ups fell significantly [23]