A股可能已进入“右侧行情” 下周的思路是什么？

Core Viewpoint - The A-share market is experiencing a significant rebound, driven by substantial inflows of medium to long-term capital, indicating a potential start of a bullish trend as of December 17, 2025 [2][4]. Market Performance - The A-share market saw a strong performance with a total of 2,977 stocks rising during the week, marking it as the best-performing week in December [5]. - The market indices showed a mixed performance, with most major indices rebounding after initial declines earlier in the week [8]. Capital Inflows - The A500 ETF has seen a remarkable increase in scale, reaching 245.935 billion yuan, with a net inflow of 32.7 billion yuan in the past week, accounting for nearly 70% of total net inflows into stock ETFs [2]. - The Huatai-PB A500 ETF has become the first ETF tracking this index to exceed 40 billion yuan in scale, indicating strong investor interest [2]. Policy and Economic Environment - Short-term policies are expected to remain supportive, with potential interest rate cuts and measures to boost consumption likely to be implemented [11]. - External risks are perceived to be limited, with stable Sino-U.S. relations and the Bank of Japan's recent interest rate hike contributing to a more favorable outlook [12]. Sector Focus - Analysts suggest focusing on growth and consumer sectors, as these areas are likely to benefit from supportive policies and have been relatively underperforming this year [16]. - The technology, media, and telecommunications (TMT) sectors, along with advanced manufacturing, are highlighted for their potential during the upcoming "spring rally" [16]. Market Sentiment - Recent events have reduced external uncertainties, contributing to a warming market sentiment [9]. - However, caution is advised as some high-performing stocks have shown signs of volatility, indicating potential shifts in risk appetite among investors [17].