China News Service, January 12th - On Monday, A-shares fluctuated and rose, with all three major indices rising by more than 1%, and the Shanghai Composite Index recording its 17th consecutive day of gains.
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At the close, the Shanghai Composite Index rose 1.09%, the Shenzhen Component Index rose 1.75%, the ChiNext Index rose 1.82%, and the Beijing 50 Index rose 5.35%.
On the market, AI application themes saw a broad-based surge, with commercial aerospace, nuclear fusion, retail, and semiconductor concept stocks active, and more than 4,100 stocks rising.
AI application concepts saw a broad-based surge, with Gravity Media hitting its daily limit for 5 out of 6 days, Leo Group, Meinian Health, Tianxiaxiu, and Guangdong Advertising Group achieving 2 consecutive daily limits, and many other stocks such as Winning Health, Newpoint Software, and Foxit Software also hitting their daily limits.
The commercial aerospace concept continued its strong performance, with Goldwind Technology hitting its fifth consecutive daily limit up and Tongyu Communication hitting its third daily limit up in four days.
The controlled nuclear fusion concept has been active, with China Nuclear Construction hitting the daily limit up for 3 out of 4 days.
On the downside, sectors such as insurance, oil and gas, and real estate saw the largest declines.
Overall, A-share trading volume exceeded 3.64 trillion yuan, surpassing the previous record of 3.49 trillion yuan set during the "924 rally," reaching a new historical high. More than 4,100 stocks rose, with 201 hitting their daily limit.
Yang Delong, chief economist at Qianhai Open Source Fund, told China News Service that the A-share bull market is intensifying, with the market continuing to rise. The Shanghai Composite Index achieved 17 consecutive days of gains, setting a new record. Trading volume also reached a record high on Monday, exceeding 3 trillion yuan for two consecutive trading days. This indicates that the market has now entered a phase of increasing volume and price, and the spring offensive has begun.
Looking ahead, Yang Delong analyzes that in the medium to long term, this round of market rally is a slow and long-term bull market, which may last for 3-5 years, or even 5-10 years. The rally will further expand in 2026, potentially reaching more sectors such as consumer goods, leading new energy companies, non-ferrous metals, and military industries. The market's profit-making effect will significantly improve, investment opportunities will increase markedly, and investors will experience greater gains.
According to a research report by Guolian Futures, with the index recently breaking through key psychological and technical levels, the core market concern has shifted from "whether the market can recover" to "the pace and strength of the recovery." Given that substantial improvements in earnings data still require time to be verified, and the transformation from expectation to reality is a process, the market is likely to enter a volatile upward trend rather than a rapid, one-sided surge. The medium-term upward logic remains unchanged, and earnings recovery remains the core theme. In terms of strategy, for directional trading, investors can buy on dips during market fluctuations and continue holding long positions.
A strategy report from Founder Securities suggests that, given the current situation, the period before the Spring Festival presents a favorable opportunity for a spring offensive, with the index potentially advancing further. The core drivers are loose liquidity and RMB appreciation. In terms of asset allocation, the report recommends focusing on three main themes: first, the spread of technology growth, including hard technology, AI applications, and Hang Seng Technology; second, the combination of anti-involution and pro-cyclical sectors such as chemicals and new energy; and third, continued optimism regarding commercial aerospace and robotics at the thematic level. (China News Service APP)
(The views expressed in this article are for reference only and do not constitute investment advice. Investing involves risks, and caution is advised when entering the market.)
