A股市场大势研判：三大指数集体收涨，沪指重回3400点

Market Overview - The three major indices collectively rose, with the Shanghai Composite Index returning to above 3400 points, closing at 3403.95, up 0.86% [1] - The Shenzhen Component Index closed at 10354.22, up 0.64%, while the CSI 300 Index rose by 1.21% to 3943.21 [1] Sector Performance - The top-performing sectors included Non-bank Financials (3.99%), Transportation (1.79%), and Food & Beverage (1.68%) [2] - Conversely, the worst-performing sectors were Defense & Military (−0.74%), Beauty & Personal Care (−0.39%), and Machinery Equipment (−0.37%) [2] Future Outlook - The market showed a mixed performance with over 2800 stocks declining, despite the indices rising, indicating a fragmented market sentiment [3] - The establishment of a "National Venture Capital Guidance Fund" by seven government departments aims to support technological innovation and the growth of tech-oriented enterprises [4] - Passenger car sales reached 8.641 million units in the first four months of 2025, reflecting a year-on-year growth of 12.4%, with new energy vehicles accounting for 44.6% of total sales in 2024 [4] - The market is expected to maintain a range-bound trading pattern, with a focus on sectors such as non-ferrous metals, public utilities, transportation, automotive, communications, and electronics [4]