Group 1 - The core viewpoint of the articles highlights a mixed performance in the stock market, with a notable resilience in the free cash flow index, which rose by 0.6% [1] - The China Securities report emphasizes the contradiction of "strong supply and weak demand," suggesting a focus on achieving qualitative improvements and reasonable quantitative growth in the economy [1] - It is anticipated that policies will increasingly prioritize domestic demand in the coming year, with an expected enhancement in consumer resilience and a focus on innovation and reform [1] Group 2 - The report indicates that the effectiveness of policy coordination and implementation will be crucial, particularly in promoting multi-sector cooperation and green transformation [1] - Overall, the expectation is for stable economic growth through 2026, with continued policy support for high-quality development [1]
板块分化，自由现金流指数展现韧性，关注自由现金流ETF易方达（159222）等产品配置机会
Sou Hu Cai Jing·2025-12-12 05:04