热点分散，沪指半日微跌0.06%

Market Overview - A-shares experienced narrow consolidation with a lack of market hotspots, as the Shanghai Composite Index fell by 0.06% to 3382.11 points, while the Shenzhen Component Index dropped by 0.18% and the ChiNext Index decreased by 0.48% [1][2] - The total trading volume for A-shares reached 763.157 billion yuan by midday [1] Monetary Policy - The People's Bank of China conducted a 7-day reverse repurchase operation of 135 billion yuan at a fixed rate of 1.40%, with the full bid amount being 135 billion yuan [2] Legislative Developments - The Ministry of Finance announced the legislative work plan for 2025, which includes the revision of the Asset Evaluation Law and the implementation regulations for the Value-Added Tax Law, among other financial regulations [3] Sector Performance - Hainan local stocks showed significant movement, with small metal concept stocks rising during the session [4] - The top-performing sectors included pest control (up 2.49%), nickel metal (up 1.62%), and lithium mining (up 1.38%), while sectors like sports concepts and NFT concepts saw declines [4] Hainan Free Trade Port - The establishment and successful operation of the Hainan Free Trade Port is expected to enhance China's openness and support globalization, with 2025 being the deadline for the port's full operation [4] Company Insights - Haixia Co., Ltd.: Expected to benefit from the full operation of Hainan's free trade port in 2025, with growth in the passenger and cargo transport market [8] - Hainan Airport: Integrated into Hainan's state-owned assets, the airport is set to develop as a high-quality air gateway, benefiting from tourism and free trade policies [8] - Hainan Rubber: The company is experiencing a complex price stabilization phase due to increased production and decreased demand, with performance gradually improving [8] - Hainan Airlines: The overall recovery of the aviation industry is expected to enhance profitability, leveraging the advantages of the Hainan Free Trade Port [8]