会有跨年行情吗？十大券商一周策略：指数突破可能的三个条件，关注人民币升值预期下的机会

Group 1 - The market is entering a critical layout window at year-end, with a focus on cross-year trends and spring market movements, while domestic demand breakthroughs are key to unlocking potential [1][2][3] - The current market exhibits characteristics of low volatility and slow growth, with a shift in funding structure reshaping pricing logic [3][4] - Investment strategies are recommended to align with industry trends and policy expectations, particularly in sectors like AI, energy storage, and innovative pharmaceuticals [4][5][6] Group 2 - The central economic work conference is expected to align with market expectations, while the Federal Reserve is anticipated to adopt a hawkish stance on interest rates [5][6][7] - The market is expected to remain in a high-level oscillation, awaiting new opportunities, with a focus on the upcoming central economic work conference for policy direction [6][7][8] - Key sectors to watch include AI, energy storage, innovative pharmaceuticals, and traditional manufacturing, with a particular emphasis on resource revaluation [4][8][9] Group 3 - The AI industry chain remains a core investment focus, with opportunities arising from adjustments in the sector [9][10] - Areas experiencing supply-demand improvements, such as storage and energy storage chains, are also highlighted for potential growth [9][10][11] - The market is characterized by frequent style switches, with a shift from high-valuation growth stocks to undervalued cyclical stocks and dividend assets [11][12][13] Group 4 - The upcoming central economic work conference is crucial for determining the policy direction for 2026, with expectations for a focus on technology innovation and domestic demand expansion [11][12][13] - The market is likely to experience a spring rally, driven by macroeconomic data and liquidity conditions, with a focus on sectors benefiting from policy support [38][39][40] - The spring market dynamics are expected to favor small-cap and technology growth stocks as the year progresses [38][39][40]