1月30日早盘，A股三大指数涨跌不一，沪指半日跌1.19%，全市场半日成交额1.95万亿元，板块题材上，种植业与林业、粮食、影视院线、旅游及酒店、 CPO、造纸、半导体板块表现活跃，贵金属、有色金属、稀土永磁、光伏设备、油气开采及服务、化工、房地产、钢铁、AI应用概念股跌幅居前；港股大幅 下挫，科技股领跌。 截至午间收盘，中证A500指数下跌1.4%，沪深300指数下跌1.0%，创业板指数上涨0.8%，上证科创板50成份指数下跌0.6%，恒生中国企业指数下跌2.1%。 科创板大盘宽基:科创50ETF易方 跟踪上证科创板50成份指数 该指数由科创板中市值大、流 动性好的50只股票组成,"硬 科技"龙头特征显著,半导体 占比超65%,与医疗器械、软 件开发、光伏设备行业合计占 比 沂80% 创业板大盘宽基:创业板ETF易产 跟踪创业板指数 该指数由创业板中市值大、 流动性好的100只股票组成, 战略新兴产业占比较高,电 力设备、通信、电子行业合 计占比近60% 截至午1 该指数 截至午1 该指数 法股大盘雷基:恒生中国企业E 每日经济新闻 ...

1月29日早盘，A股三大指数涨跌不一，沪指半日跌0.1%，全市场成交额超2万亿元，较昨日小幅放量，板块题材上，传媒、贵金属、互联网、房地产板块涨 幅居前，半导体、工程机械板块跌幅居前；港股震荡分化，有色金属、房地产、石油石化板块领涨，医药、科技股多数回调。 截至午间收盘，中证A500指数接近平收，沪深300指数、创业板指数均下跌0.1%，上证科创板50成份指数下跌1.5%，恒生中国企业指数上涨0.5%。 港股大盘宽基:恒生中国企业E 截至午1 该指数 截至午1 创业板大盘宽基:创业板ETF易产 跟踪创业板指数 该指数由创业板中市值大、 流动性好的100只股票组成, 战略新兴产业占比较高,电 力设备、通信、电子行业合 计占比近60% 科创板大盘宽基:科创50ETF易方 跟踪上证科创板50成份指数 该指数由科创板中市值大、流 动性好的50只股票组成,"硬 科技"龙头特征显著,半导体 占比超65%,与医疗器械、软 件开发、光伏设备行业合计占 比沂80% 该指数 每日经济新闻 ...

1月27日早盘，A股三大指数涨跌不一，沪指半日涨0.03%，全市场成交额约1.9万亿元。板块题材上，黄金、有色金属、石油天然气、能源设备板块涨幅居 前，餐饮旅游、航空、白酒等板块跌幅居前；港股走强，大会融板块集体走强，钢铁、建筑板块跌幅居前。截至午间收盘，中证A500指数上涨0.01%，沪深 300指数上涨0.3%，创业板指数上涨0.4%，上证科创板50成份指数上涨0.6%，恒生中国企业指数上涨0.9%。 核心大盘宽基指数基本情况跟踪 (2026年1月27日) A股大盘宽基:沪深300ETF易方达/A500ETF易方达 佩费率 跟踪沪深300指数/中证A500指数 沪深300指数由沪深市场中规 模大、流动性好的300只股票 组成,完整覆盖11个中证一级 行业 截至午间收盘 沪深300指数涨跌 该指数 滚动市盈率 14.1倍 中证A500指数由各行业市值较 大、流动性较好的500只证券 组成,覆盖93个三级行业中的 89个 截至午间收盘 中证A500指数涨跌 42.6倍 科创板大盘宽基:科创50ETF易方达 0. 0% 该指数 滚动市盈率 17. 4倍 创业板大盘宽基:创业板ETF易方达 低费率 跟踪创业板指数 ...

Group 1 - The core viewpoint is that despite a slight decline in major indices, the overall valuation of A-shares remains reasonable, and factors such as macro policy support, long-term capital inflow, and moderate recovery in corporate earnings are expected to sustain the bull market [1] - The CSI A500 index and CSI A100 index both fell by 0.5%, while the CSI A50 index decreased by 0.4% [1] - As the end of January approaches, a concentrated disclosure period for annual performance forecasts is expected, leading to renewed focus on performance-driven investment themes, particularly in technology sector expansion, price increase trends, and high growth in annual reports [1]

Group 1 - The A-share market experienced a volatile adjustment on January 16, with the Shanghai Composite Index opening high but closing down by 0.22%. The total market turnover exceeded 2 trillion yuan, an increase of over 100 billion yuan compared to the previous day [1] - In terms of sector performance, the electric grid equipment, semiconductor equipment, and storage chip sectors were active, while the AI application sector saw a correction [1] - The Hong Kong stock market also showed a similar trend, with major indices opening high but then fluctuating downwards, particularly in the pharmaceutical sector which faced significant declines [1] Group 2 - The ChiNext Index, which consists of 100 stocks with high market capitalization and liquidity from the ChiNext board, has a high proportion of strategic emerging industries, with the combined share of equipment manufacturing, communication, and electronics sectors nearing 60% [3] - The STAR Market 50 Index, tracking the top 50 stocks on the STAR Market, is characterized by significant technology leadership, with semiconductors accounting for over 65% and combined shares of medical devices, software development, and photovoltaic equipment nearing 80% [3]

Group 1 - The A-share market experienced a strong start in the first trading week of 2026, supported by improved macro expectations and ample liquidity, with major indices trending upwards [1] - The satellite and semiconductor equipment sectors led the market, with the satellite ETF tracking the China Satellite Industry Index achieving a weekly increase of 22.46%, indicating strong investor interest in these strategic emerging industries [1][2] - Multiple ETFs related to semiconductor materials and equipment also saw significant gains, with several products exceeding a 17% weekly increase, reflecting optimism driven by domestic control and global semiconductor cycle recovery [2] Group 2 - Despite the impressive performance of thematic ETFs, investors also focused on balanced allocations through broad-based indices and Hong Kong assets, with the Guangfa CSI Hong Kong Stock Connect Non-Bank Financial ETF seeing a net inflow of over 3.7 billion yuan, highlighting interest in the Hong Kong financial sector [2][3] - The overall market saw significant trading activity, with the total trading volume of ETFs tracking the CSI A500 index surpassing 300 billion yuan, indicating high investor engagement in this representative index of China's new economy [3] - Technology growth and core assets emerged as focal points for many public fund institutions, with expectations for continued strength in the technology sector driven by breakthroughs in AI, humanoid robots, and innovative pharmaceuticals [4]

Core Viewpoint - The A-share market experienced a significant rally, with the Shanghai Composite Index breaking through 4100 points, marking a 16-day consecutive rise, and total trading volume exceeding 3.1 trillion yuan, a notable increase from the previous trading day [1]. Market Performance - Major A-share indices all closed with "full-body bullish candles" this week: - Shanghai Shenzhen 300 Index rose by 2.8% - CSI A500 Index increased by 4.2% - ChiNext Index gained 3.9% - Shanghai Stock Exchange Sci-Tech Innovation Board 50 Index surged by 9.8% [1][3] - In contrast, the Hong Kong market showed mixed performance, with the Hang Seng China Enterprises Index declining by 1.3% [1]. Sector Performance - Leading sectors in the A-share market included brain-computer interfaces, commercial aerospace, storage chips, and semiconductors, which saw significant gains [1]. - Conversely, sectors such as Hainan, banking, and airport shipping experienced adjustments [1]. Index Details - The Shanghai Shenzhen 300 Index consists of 300 large-cap stocks with good liquidity, covering 11 first-level industries [4]. - The CSI A500 Index includes 500 securities from various industries, covering 89 out of 93 third-level industries [4]. - The ChiNext Index is composed of 100 large-cap stocks from the ChiNext board, with a high proportion in strategic emerging industries [4]. - The Shanghai Stock Exchange Sci-Tech Innovation Board 50 Index features 50 stocks with significant liquidity, prominently in "hard technology" sectors like semiconductors [4]. - The Hang Seng China Enterprises Index includes 50 large-cap stocks from mainland China listed in Hong Kong, covering a wide range of industries [4]. Valuation Metrics - As of January 9, 2026, the rolling price-to-earnings (P/E) ratios for major indices are as follows: - Shanghai Shenzhen 300 Index: 14.3 times - CSI A500 Index: 17.3 times - ChiNext Index: 42.2 times - Shanghai Stock Exchange Sci-Tech Innovation Board 50 Index: 173.1 times - Hang Seng China Enterprises Index: 10.5 times [3][5].

Group 1 - The A-share market saw all three major indices rise collectively, with the Shanghai Composite Index increasing by 0.05%, marking a 14-day consecutive gain and approaching the 4100-point level [2] - The total market turnover reached approximately 2.88 trillion yuan, an increase of nearly 50 billion yuan compared to the previous day, indicating a continuous expansion in market activity [2] - Sectors such as coal mining and processing, semiconductor equipment, rare earth permanent magnets, CRO, non-ferrous metals, controllable nuclear fusion, tourism and hotels, and liquid cooling servers experienced significant gains, while sectors like brain-computer interfaces, cross-border payments, securities, internet finance, and precious metals saw declines [2] Group 2 - The CSI A500 index closed near flat, while the CSI 300 index fell by 0.3%, the ChiNext index rose by 0.3%, and the STAR Market 50 index increased by 1.0% [2] - The Hang Seng Index showed mixed performance, with innovative pharmaceuticals leading gains while large technology stocks collectively declined [2]

Group 1 - The core viewpoint of the article highlights the significant growth in new stock account openings in the A-share market, with a total of 27.44 million new accounts opened in 2025, marking a year-on-year increase of 9.75%, the highest since 2022 [1] - Individual investors remain the primary contributors to new account openings, with 27.33 million personal accounts opened in 2025, reflecting a year-on-year growth of 9.67% [1] - Institutional investor accounts saw explosive growth, with 104,500 new accounts opened in 2025, a staggering increase of 35% year-on-year, including a record 11,100 new institutional accounts opened in December alone [1]

Group 1 - The A-share market saw all three major indices close higher, with the Shanghai Composite Index rising by 0.05%, marking a 14-day consecutive increase and approaching the 4100-point level [1] - Market trading volume has been increasing for several days, with today's total market turnover approximately 2.88 trillion yuan, an increase of nearly 50 billion yuan compared to the previous day [1] - Sectors that performed well include coal mining and processing, semiconductor equipment, rare earth permanent magnets, CRO, non-ferrous metals, controllable nuclear fusion, tourism and hotels, and liquid cooling servers [1] Group 2 - The ChiNext Index, which consists of 100 stocks with large market capitalization and good liquidity from the ChiNext board, has a high proportion of strategic emerging industries, with electric power equipment, communication, and electronics accounting for nearly 60% [3] - The Science and Technology Innovation Board's 50 Index, which tracks 50 large-cap stocks with good liquidity, has a significant "hard technology" characteristic, with semiconductors making up over 65% and combined with medical devices and software development, accounting for nearly 80% [3]