【Market Analysis】A-shares led the charge today, with the Shanghai Composite Index gapping up and breaking through the 3,900-point barrier. Hong Kong stocks followed suit, rising 0.43% at close despite filling the gap. Foreign investors remain cautious amid geopolitical tensions. Over the weekend, Xinhua reported Israeli Prime Minister Netanyahu's warning to U.S. President Trump about potential strikes on Iranian facilities over ballistic missile concerns. Meanwhile, Trump hinted at possible military action against Venezuela. Spot gold surged over 1% to a record high of $4,382/oz on December 22, lifting gold stocks: Sino Gold (03939) +11%, Lingbao Gold (03330), China Gold International (02099), and Zhaojin Mining (01818) all gained over 6%. Rare metals like tungsten also rallied, with Jiachen International Resources (03858) jumping 12%.
China's central bank kept the 1-year and 5-year Loan Prime Rates (LPR) steady at 3.00% and 3.50%, respectively, as expected. Market anticipates a possible cut in January.
Hainan Free Trade Port's island-wide customs closure sparked a consumption frenzy. Sanya's duty-free sales exceeded RMB100 million daily for three consecutive days post-closure, with CTG DUTY-FREE (01880) stores seeing 85% YoY sales growth and foot traffic up 60%. The stock soared 16% today, fueling a broader A-share Hainan rally. Initial skepticism over Southeast Asia stability eased after China's diplomatic intervention, boosting confidence in the自贸区's potential.
Consumer stocks rode the momentum: Mixue Bingcheng (02097) expanded to Hollywood with $1.19 ice cream, rising 10%; POP MART (09992) gained 5% on exhibition and HEYTEA collaborations.
The商务部's anti-subsidy probe on EU dairy imports buoyed China Youran Dairy (09858), which surged 12% as the nation's top raw milk producer.
AI sector活跃: Zhipu AI and MiniMax's HKEX listings ignited rallies in SenseTime (00020, +8%) and Wai Kee Holdings (01729, +13%). Semiconductor stocks like SMIC (00981) and Hua Hong (01347) rose over 5% on EUV lithography rumors. Fiber optic demand drove长飞光纤(06869) up 11%.
Lithium stocks (Tianqi Lithium 09696, Ganfeng Lithium 01772) climbed 4% as supply tightness persists.
【Sector Spotlight】Billionaire Bill Ackman proposed a SPARC-led SpaceX IPO (potential $1.5T valuation), coinciding with U.S.太空policy shifts. China's reusable rocket tech advances spotlight aerospace plays: China Aerospace (01725), APT Satellite (01045), and Goldwind (02208).
【Stock Pick】KB LAMINATES (01888): Price hikes (5-10%) amid soaring copper/glass costs. AI-driven demand for high-end copper-clad laminates (CCL) positions KB as a leader, with new low-dk glass纱产能 set for 2025-26. Upgraded products and firm PCB demand underpin earnings growth.