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In today's morning session, the A-share market continued its strong momentum, with multiple key indexes reaching new highs. The Shanghai Composite Index opened high and continued to rise, hitting its highest point in nearly a decade. Meanwhile, the Beijing Stock Exchange 50 Index also set a new historical record. Important stock indexes such as the Shenzhen Component Index, ChiNext Index, and Sci-Tech Innovation 50 have also reached new phase highs.
The recent rise in the market has a wide coverage, with nearly 4,500 stocks showing an upward trend, among which more than 100 stocks hit the daily limit up. It is worth noting that, according to real-time data as of 10:34 AM, the total market value of the A-share market has for the first time surpassed the 100 trillion yuan mark (calculated by multiplying the latest price of A-shares by the total share capital of A-shares). This historic breakthrough marks a new stage of development for the Chinese capital market.
The strong performance of the A-share market not only reflects the improvement in investor confidence but also demonstrates the resilience and vitality of the Chinese economy. As various favorable policies continue to be implemented and market reforms deepen, the A-share market is attracting increasing attention from both domestic and foreign investors.
However, with the rapid rise of the market, investors also need to remain rational, focus on the fundamentals of individual stocks, and be wary of potential risks. Regulatory authorities may continue to strengthen market supervision to ensure the healthy and stable development of the A-shares market.
Overall, the A-share market has surpassed a total market value of 100 trillion yuan, which is undoubtedly an important milestone event that signifies the further enhancement of the scale and influence of China's capital market. In the future, with the continuous development of the Chinese economy and the ongoing improvement of the capital market, the A-share market is expected to play an increasingly important role on the global financial stage.