The transaction volume exceeds 2 trillion yuan, multiple positive factors resonate to help push A shares continue to rise.

On August 13, the three major indexes of the A-share market all rose, with the Shanghai Composite Index breaking through the high point of 2024, reaching a new high of over 3 years, and the ChiNext Index rising by more than 3%, reaching a new high of nearly 10 months. Over 2700 stocks in the entire A-share market rose, with hundreds of stocks hit the daily limit. Sectors such as CPO, optoelectronic chips, and high-frequency PCB showed active performance, with the total turnover of the entire A-share market reaching 2.18 trillion yuan, hitting a new high of over 5 months. In terms of fund flows, incremental funds from margin financing actively increased positions. Wind data shows that as of August 12, the A-share margin financing balance has accumulated an increase of over 240 billion yuan since May, while the net outflow of stock ETF funds during the same period exceeded 170 billion yuan. On August 13, the net inflow of main funds in the Shanghai and Shenzhen 300 index was nearly 5 billion yuan. Analysts believe that the breakthrough of the Shanghai Composite Index at 3674.40 points is the result of a resonance of multiple positive factors. With margin trading balance reaching a ten-year high in the recent period, reflecting the continuous rise in individual investors' risk appetite, the market is in an upward trend.