Venture(US:VEMLY) Feng Huang Wang Cai Jing·2025-12-15 01:35Market Overview - The three major indices opened lower, with the Shanghai Composite Index down 0.62%, the Shenzhen Component Index down 0.81%, and the ChiNext Index down 1.16% [1] - Key sectors such as CPO, energy metals, and lithium mining saw significant declines [1] Index Performance - Shanghai Composite Index: 3865.40, down 0.62%, with a trading volume of 81.74 billion [2] - Shenzhen Component Index: 13150.43, down 0.81%, with a trading volume of 120.77 billion [2] - ChiNext Index: 3157.32, down 1.16%, with a trading volume of 55.12 billion [2] Institutional Insights - CITIC Securities suggests that copper should be the next major commodity following gold and silver, highlighting the strong performance of precious metals and the complex economic factors influencing the U.S. economy [3] - China Galaxy Securities emphasizes the importance of policy dividends and economic trends for investment opportunities, focusing on sectors like AI, new energy, and aerospace [4] - Open Source Securities believes the recent market correction has ended, recommending early positioning for spring trading, with a focus on technology and cyclical sectors [5] - Huatai Securities advises attention to AI computing power and other sectors, suggesting a shift towards seasonal and policy-driven themes while reducing exposure to cyclical consumer sectors [6] - Industrial growth in technology is expected to lead the market, with a focus on AI applications and semiconductor industries as key areas for investment [7]