【导读】港股三大指数集体收涨，半导体股大爆发！事关黄金，香港财库局局长最新发声 中国基金报记者 伊万 12月22日，港股三大指数全日震荡，午后回暖，最终集体收涨。 截至收盘，恒生指数上涨0.43%，报25801.77点；恒生科技指数上涨0.87%，报5526.83 点；恒生中国企业指数上涨0.43%，报8939.68点。 盘面上，大型科技股多为小幅上涨，腾讯、阿里巴巴、京东等上涨不足1%；半导体芯片股大 爆发，龙头中芯国际盘中涨超8%；通讯板块集体上扬，汇聚科技创下历史新高；海南自由贸 易港全岛封关运作正式启动，免税概念股持续活跃，免税龙头中国中免大涨近16%；金银价 格刷新历史高价，黄金股、有色金属股活跃。 另一方面，奢侈品股走低，生物医药股集体弱势。此外，三只今日上市的新股——明基医 院、印象大红袍、华芢生物集体破发。 | 泡泡玛特 | 201.800 | 4.61% | | --- | --- | --- | | 9992.HK | | | | 阿里巴巴-W | 146.400 | 0.76% | | 9988.HK | | | | 中古国际 | 68.900 | 5.92% | | 0981.HK | ...

Summary of Key Points Core Viewpoint - The article outlines the holiday trading schedule for the Shanghai, Shenzhen, and Beijing stock exchanges for the year 2026, detailing specific dates for market closures and the resumption of trading. Group 1: Holiday Trading Schedule - New Year's Day: Market closed from January 1 (Thursday) to January 3 (Saturday), reopening on January 5 (Monday) [2] - Spring Festival: Market closed from February 15 (Sunday) to February 23 (Monday), reopening on February 24 (Tuesday) [3] - Qingming Festival: Market closed from April 4 (Saturday) to April 6 (Monday), reopening on April 7 (Tuesday) [4] - Labor Day: Market closed from May 1 (Friday) to May 5 (Tuesday), reopening on May 6 (Wednesday) [5] - Dragon Boat Festival: Market closed from June 19 (Friday) to June 21 (Sunday), reopening on June 22 (Monday) [6] - Mid-Autumn Festival: Market closed from September 25 (Friday) to September 27 (Sunday), reopening on September 28 (Monday) [7] - National Day: Market closed from October 1 (Thursday) to October 7 (Wednesday), reopening on October 8 (Thursday) [8] Group 2: Hong Kong Stock Connect Trading Days - Hong Kong Stock Connect will not provide services from January 1 (Thursday) to January 3 (Saturday), resuming on January 5 (Monday) [11] - Services will also be unavailable during the Spring Festival from February 15 (Sunday) to February 23 (Monday), resuming on February 24 (Tuesday) [12] - Additional closures for Hong Kong public holidays include Good Friday, Qingming Festival, and Labor Day, with specific resumption dates following each holiday [13][14][15] Group 3: Securities Settlement Arrangements - For New Year's Day, securities trading on December 31, 2025, will have a settlement date of January 5, 2026 [11] - During the Spring Festival, trades on February 13, 2026, will settle on February 24, 2026 [12] - For Qingming Festival, trades on April 3, 2026, will settle on April 7, 2026 [13] - Labor Day trades on April 30, 2026, will settle on May 6, 2026 [15] - Dragon Boat Festival trades on June 18, 2026, will settle on June 22, 2026 [15] - Mid-Autumn Festival trades on September 24, 2026, will settle on September 28, 2026 [16] - National Day trades on September 30, 2026, will settle on October 8, 2026 [17]

Core Viewpoint - Chinese mining companies are increasingly establishing a significant presence in Africa, transforming from outsiders to co-builders in the region's mining sector, driven by a new model of cooperation and local engagement [4][5]. Group 1: Overview of Chinese Mining Companies in Africa - Chinese mining enterprises are deeply rooted in Africa, with operations spanning from cobalt mines in the Democratic Republic of Congo to lithium mines in Mali and gold mines in South Africa [4]. - The approach of these companies has evolved, focusing on local operations and community engagement, as exemplified by the successful revitalization of previously abandoned gold mines through localized management [4][5]. Group 2: Case Studies of Successful Operations - In the Democratic Republic of Congo, Luoyang Molybdenum's KFM copper-cobalt mine transitioned from greenfield to production in just 806 days, establishing a "shared benefits" mechanism with local communities [5]. - In Zimbabwe, Huayou Cobalt adapted to a lithium export ban by shifting to local manufacturing, effectively converting resource advantages into industrial capabilities [5]. Group 3: New Cooperation Frameworks - The G20 summit in Johannesburg highlighted new initiatives for international cooperation in green mining, emphasizing seven key areas such as creating a safe policy environment and enhancing technological exchanges [6]. - The initiatives aim to foster sustainable development and establish a fair and open partnership in mineral resource cooperation, reflecting a broader commitment to global development and community well-being [6].

Core Viewpoint - Domestic fuel prices in China have been reduced again, with gasoline and diesel prices decreasing by 170 yuan and 165 yuan per ton respectively, effective from December 22, 2023 [1]. Group 1: Price Adjustments - The price adjustments translate to a reduction of 0.13 yuan per liter for 92 gasoline, 0.14 yuan per liter for 95 gasoline, and 0.14 yuan per liter for 0 diesel [4]. - Filling a 50L tank of 92 gasoline will save consumers approximately 6.5 yuan [4]. - For a vehicle running 2,000 kilometers per month with an average fuel consumption of 8L per 100 kilometers, the fuel cost will decrease by around 10 yuan before the next price adjustment [4]. Group 2: Market Impact - The logistics industry will see a significant impact, with a heavy-duty truck running 10,000 kilometers per month and consuming 38L per 100 kilometers experiencing a fuel cost reduction of about 266 yuan before the next price adjustment [4]. - In 2023, there were a total of 25 rounds of retail price adjustments for domestic fuel, including 7 increases, 12 decreases, and 6 instances of no change [4]. Group 3: International Oil Prices - The recent price adjustments are influenced by a downward trend in international crude oil prices, primarily due to improved prospects for peace negotiations in Europe, which overshadowed concerns about supply disruptions from South America [5]. - Despite a slight increase in crude oil prices towards the end of the adjustment window, the overall downward trend remained unaltered [5]. Group 4: Future Outlook - Market analysts, such as Zhaochuang Information, suggest that attention will remain on European peace negotiations for further guidance, while potential increases in U.S. sanctions may provide some support for crude oil prices [7]. - The recalculated crude oil change rate remains negative, indicating limited upward potential for oil prices in the near term [7].

外交部发言人林剑22日在例行记者会上表示，中方对日本首相官邸高官公然宣称日本应该拥有 核武器感到震惊。上述言论是对战后国际秩序和国际核不扩散体系的公然挑衅、对地区和国际 和平稳定的严重威胁、对日本宣称走和平发展道路的完全背离，绝非"个人行为"可以搪塞、敷 衍，国际社会必须对此高度警惕和坚决反对。 林剑指出，有关言论严重违背日方应履行的国际法义务，严重损害国际和亚太地区的和平与稳 定，日本右翼势力谋求"再军事化"的野心昭然若揭。这一事态再次表明，日本首相高市早苗11 月7日涉台错误危险言论绝非偶然。 "如果任由日本国内右翼势力推动发展强力的进攻性武器 甚至拥有核武器，将再次为祸国际社会，由此引发的惨祸将远超二战。" 来源：新华社 ...

12月22日，A股全天走强， 沪指重返3900点上方，截至收盘， 沪指涨0.69%，深成指涨1.47%，创业板指涨2.23%。 指数大涨的情况下，美中不足的是，今天市场有大约一半的个股处于下跌状态，市场共 2984只个股上涨，105只个股涨 停，2265只个股下跌。 | 880005 张跌家数 | | | | --- | --- | --- | | 日中 | 涨停 | 105 | | 涨幅 | > 7% | 169 | | 涨幅 | 5-7% | 128 | | 涨幅 | 3-5% | 299 | | 张悼 | 0-3% | 2388 | | 跌幅 | 0-3% | 2107 | | 跌幅 | 3-5% | 100 | | 跌幅 | 5-7% | 29 | | 跌幅 | > 7% | 29 | | 章中 | 跌停 | 8 | | 上涨家数 | | 2984 | | 下跌家药 | | 2265 | | 平盘停牌 当日种数 | | 213 | | | | 5462 | | 总成交额 | | 18821.94 Z | | 总成交量 | | 118609.07 | | 涨家增减 | | 253 | | 涨家增幅 | ...

Core Viewpoint - The article emphasizes the importance of investor education in the public fund industry as a means to meet the growing wealth management needs of residents and promote inclusive finance [2]. Group 1: Innovative Approaches to Investor Education - Traditional investor education methods, such as lectures and manuals, often fail to engage younger audiences. To address this, the company has created an immersive escape room experience called "Collect 'Em All," which integrates financial risk prevention knowledge into a fun, interactive format [4]. - The escape room features five themed areas where participants must solve clues and identify financial scams, thereby enhancing their financial literacy in an engaging manner [4]. Group 2: Systematic Layout for Long-term Investor Education - The company's investor education efforts are supported by a solid institutional framework and long-term planning. Since its establishment, it has been committed to the political and public nature of financial work, achieving national-level investor education base status in 2020, the first in the fund industry [6]. - The company has established a dedicated investor protection committee and developed a comprehensive investor education brand called "Investment Knowledge," which aims to transition investor education from sporadic activities to a regular service [6][7]. - In 2023, the company upgraded its "Investment Knowledge" initiative to version 2.0, launching the "Shared Investment Base" project, which combines high-quality public fund development with inclusive finance [6]. Group 3: Focus on Livelihood and Pension Education - The company has aligned its investor education efforts with public needs, particularly in the area of pension finance. It has collaborated with the pension business department to create the "Evening Pavilion," focusing on personal retirement planning and financial products [9]. - This initiative not only addresses the urgent demand for retirement wealth management but also promotes the development of pension asset management, reflecting the company's commitment to inclusive finance [9]. - The company believes that public funds play a crucial role in meeting the wealth expectations of families and that protecting investor rights is essential for maintaining industry reputation and market stability [9].

Core Viewpoint - Precious metals, including gold and silver, have collectively surged, reaching new historical highs, with gold breaking the $4,400 per ounce mark for the first time, reflecting a year-to-date increase of over 67% [1]. Group 1: Gold Market - As of December 22, spot and futures gold prices have continued to rise, with London gold reaching $4,401.274 per ounce, marking a year-to-date increase of over 67% [1]. - COMEX gold has stabilized around $4,430 per ounce, also setting a new historical high [3]. - Domestic gold prices have been adjusted upwards, with Chow Tai Fook's gold price reaching 1,368 RMB per gram, reflecting a daily increase of 0.59% [5]. Group 2: Silver and Other Precious Metals - On December 22, both spot and futures silver prices have hit new historical highs, with London silver at $69.229 per ounce, showing a daily increase of 3.25% [8]. - COMEX silver is reported at $69.375 per ounce, with a daily increase of 2.79% [8]. - Spot platinum has also seen significant gains, reaching $2,055.7 per ounce, the first time it has surpassed $2,000 since 2008, with a year-to-date increase of over 127% [8]. Group 3: Market Influences - Citic Securities indicates that the unexpected cooling of the U.S. November CPI has led to an adjustment in market expectations regarding the Federal Reserve's interest rate cuts in 2026, contributing to the strength of precious metals [9]. - Galaxy Futures notes that the Bank of Japan's cautious stance on future monetary policy, combined with unexpectedly mild U.S. inflation data, has reinforced a trend of economic slowdown, leading to a cautious optimism regarding future interest rate cuts [10]. - The overall market sentiment is influenced by abundant liquidity and strong supply constraints, driving commodity prices to challenge historical highs [9].

Core Viewpoint - The A-share market experienced a broad rally with significant inflows into stock ETFs, indicating strong investor confidence and market recovery [2][7]. Group 1: Market Performance - On December 19, the A-share market saw all three major indices rise, with total trading volume reaching 1.74 trillion yuan [2]. - Stock ETFs, including cross-border ETFs, recorded a net inflow of over 13.6 billion yuan on the same day, with a cumulative inflow exceeding 60 billion yuan over the week [8][9]. - The China A500 index-related ETFs attracted substantial inflows, totaling over 32.6 billion yuan, while the Hang Seng Technology ETFs saw inflows of over 5.2 billion yuan [9]. Group 2: ETF Trading Activity - As of December 19, the total scale of stock ETFs in the market reached 4.65 trillion yuan, with a trading volume of 190.57 billion yuan on that day, an increase of over 15 billion yuan compared to the previous trading day [4]. - The top-performing ETFs included the A500 ETF from Huatai-PB, which had a trading volume of 13.37 billion yuan, and the Hong Kong Securities ETF from E Fund, which traded over 10.43 billion yuan [4]. Group 3: Sector Performance - The automotive sector led the gains among Hong Kong stock ETFs, with multiple ETFs in this category rising over 3% [5][6]. - Conversely, energy and banking-related ETFs underperformed, with declines of less than 1% [5]. Group 4: Fund Inflows and Outflows - On December 19, 39 stock ETFs recorded net inflows exceeding 1 billion yuan, with the top three inflows coming from Southern, E Fund, and Huatai-PB's A500 ETFs [8]. - The total net inflow for the entire ETF market on December 19 was 13.39 billion yuan, with broad-based ETFs and bond ETFs leading the inflows [8]. - Notably, the China A500 index saw a net inflow of 7.71 billion yuan, while the CSI 300 index experienced a net outflow of 1.15 billion yuan [9]. Group 5: Fund Management Insights - Fund managers from E Fund and Fuquan Fund expressed optimism about the market's potential for continued recovery, driven by policy support and industry developments [13].

Core Viewpoint - France plans to build a new aircraft carrier to replace the current "Charles de Gaulle" carrier, which is the only nuclear-powered aircraft carrier in France's fleet, with a displacement of over 40,000 tons [2] Group 1: Government Announcement - French President Macron announced the decision to construct a new aircraft carrier during a speech to French troops in Abu Dhabi [2] - The decision follows a comprehensive review under two recent military spending bills [2] Group 2: Economic Impact - The construction of the new aircraft carrier is expected to have a direct stimulating effect on the French economy [2] Group 3: Timeline - The new aircraft carrier is projected to replace the "Charles de Gaulle" by the end of the 2030s [2]