周末要闻及周策略丨指数震荡修复，12月行情怎么看？

Group 1: Key News Highlights - The Ministry of Industry and Information Technology aims to accelerate targeted policy measures and regulate irrational competition in the power and energy storage battery industries [1] - The People's Bank of China continues to enforce a prohibitive policy on virtual currencies and combat illegal financial activities related to them [1] - The National Bureau of Statistics reported that the manufacturing PMI for November is at 49.2%, while the non-manufacturing business activity index is at 49.5% [1] - The global shortage of storage chips is worsening, with research institutions predicting a further 50% increase in storage chip prices [1] - China has become the world's largest green bond market [1] Group 2: Market Strategy - The A-share market is expected to enter a phase of policy implementation and external liquidity variables, likely showing a strong oscillating pattern in December [3][4] - The upcoming Central Economic Work Conference will clarify the macro policy tone for 2026 and the main line of the "14th Five-Year Plan," which may boost market risk appetite [4] - The market's pricing for a potential Federal Reserve rate cut in December is already well established, and any deviation from expectations could lead to short-term volatility in the A-share market [4] Group 3: Investment Strategy - Investment strategies should consider growth potential, profit certainty, and defensive attributes, focusing on sectors like AI computing power, storage, robotics, and innovative pharmaceuticals [5] - Basic chemicals and non-ferrous metals sectors are expected to benefit from price increases, providing performance certainty [5] - Defensive investment options include banking, public utilities, food, and retail sectors, which offer high dividend yields and low valuation advantages [5] Group 4: Upcoming IPOs - Upcoming IPOs include Angrui Microelectronics, focusing on RF front-end chips and other analog chips, and Muxi Co., which specializes in GPU products for AI training and general computing [10]