开门红！A股重回4000点

Market Overview - On the first trading day of 2026, the A-share market opened high and continued to rise, with the Shanghai Composite Index returning to 4000 points after 34 trading days, showing an increase of over 1% [2] - The Shanghai Composite Index reached 4009.09, up by 40.25 points, or 1.01% [3] Sector Performance - The insurance sector led the gains with an increase of over 5%, while healthcare, computer hardware, and semiconductors also saw significant increases of over 3% [5] - The insurance index rose by 5.22%, healthcare by 4.31%, and computer hardware by 3.67% [6] Individual Stocks - Despite the Shanghai Composite Index falling below 4000 points since November 17, 2025, there were still 1826 stocks that rose, with 28 stocks increasing by over 100% and 59 stocks rising between 50% and 100% [6] Investment Outlook - Huatai Securities suggests that the spring market trend is likely to continue, with positive impacts from overseas Chinese stocks and improving PMI data, indicating a favorable micro liquidity environment and supportive policies [8] - According to Hualong Securities, the market is expected to maintain a "slow bull" trend, with overall company performance anticipated to improve due to ongoing supportive fiscal and monetary policies [9] - The global economy is expected to remain resilient despite rising trade protectionism, with external trade maintaining strong resilience [10] - Market valuations are considered reasonable, and with continuous improvement in earnings, there is potential for valuation expansion [11]