大涨日，加仓！

Core Viewpoint - The A-share market experienced a significant inflow of over 20 billion yuan into stock ETFs on January 9, 2026, as major indices rose and trading volume exceeded 3 trillion yuan, indicating a strong bullish sentiment among investors [2][6]. Market Performance - On January 9, the total scale of stock ETFs reached 4.99 trillion yuan, with a trading volume of 269.95 billion yuan, marking an increase of over 20 billion yuan from the previous trading day [4]. - The media, software, and satellite sectors led the gains among stock ETFs, with the top ten performing ETFs including three from the media sector and four from the satellite sector [4][5]. Fund Inflows and Outflows - The net inflow into stock ETFs on January 9 was 20.26 billion yuan, with 63 ETFs seeing inflows exceeding 1 billion yuan. The top three inflows were from the Southern CSI 1000 ETF, Huatai-PB CSI 300 ETF, and satellite ETFs [7][8]. - Conversely, the net outflows were primarily from the ChiNext 50 ETF, chip ETFs, and other industry-specific ETFs, with significant outflows observed in the ChiNext and AI sectors [9]. Fund Management Insights - Leading fund companies like E Fund and Huaxia Fund reported substantial inflows into their ETFs, with E Fund's total ETF scale reaching 877.98 billion yuan, reflecting a net inflow of 26.8 billion yuan since the beginning of 2026 [11]. - E Fund's securities insurance ETF and Hang Seng Technology ETF saw net inflows of 4.9 billion yuan and 3.6 billion yuan, respectively, indicating strong investor interest in these sectors [11][12]. Future Market Outlook - Analysts from various fund companies express a positive outlook for the A-share market in 2026, anticipating a shift from valuation-driven growth to fundamental-driven growth, supported by stable corporate earnings and favorable policies encouraging long-term capital inflows [12].