A股继续走牛有底气

Market Performance - The A-share market experienced its first decline of the year, ending the Shanghai Composite Index's 14-day winning streak with a drop of -0.07% on January 8, while the Shenzhen Index fell by -0.51% and the ChiNext Index decreased by -0.82% [1] - Trading volume was 28.262 billion, a decrease of 553 billion compared to the previous trading day, with a net capital outflow of 710 billion [1] International Political Impact - The A-share market is facing significant international political turmoil, particularly following U.S. President Trump's announcement on January 3 regarding military action against Venezuela, which has caused global shockwaves [3][4] - The U.S. aims to control Venezuela's oil revenues to purchase American products, indicating a strategy to dominate Latin America and secure its resources [5] Regional Reactions - The U.S. actions have provoked strong reactions from various countries, including Russia, which condemned the use of force against a sovereign nation, and several Latin American countries that view the intervention as a violation of international law [6] - Countries like Chile, Colombia, Brazil, and Mexico have expressed concerns that U.S. actions exacerbate regional conflicts and undermine stability [6] A-share Market Resilience - Despite the international turmoil, the A-share market has shown resilience, with significant sectors like semiconductor, coal, and commercial aerospace performing well, and trading volumes remaining high [7][8] - The Shanghai Composite Index reached a ten-year high of 4093.87 points on January 7, with a trading volume nearing 2.9 trillion [7] Investor Sentiment and Future Outlook - The continuous rise in the A-share market has boosted investor confidence, with a strong profit-taking sentiment leading to a net outflow of 710 billion on January 8 [9] - The market is expected to continue its bullish trend, supported by government policies aimed at stabilizing the market and maintaining a loose monetary policy through 2026 [9]