A股热点散乱 资源类周期板块强势

Group 1 - The A-share market experienced fluctuations with major indices closing lower, particularly the ChiNext index which fell by 1.12% [2] - Resource-related cyclical sectors, specifically metals and coal, showed strength with the non-ferrous metals and coal indices rising by 0.63% and 0.57% respectively [2] - Global metal prices are on the rise, with copper prices reaching a historical high of over $11,350 per ton, marking a 30% increase year-to-date [2] Group 2 - According to a report by CICC, the demand side will determine future price heights for metals, with short-term demand depending on downstream purchasing acceptance and long-term focus on AI and electricity growth trends [3] - The coal sector is expected to benefit from dual upward logic, with current coal prices at historical lows and potential improvements in supply-demand dynamics as winter heating demand increases [3] - The market is anticipated to maintain a loose liquidity environment in December, with recommendations to position in sectors expected to perform well, such as technology and certain cyclical and consumer sectors [4]