12月24日盘后播报：高弹性板块涨幅居前，贵金属涨势如虹

Market Performance - A-shares showed strong performance today, with the Shanghai Composite Index rising by 0.53% to 3940.95 points, the Shenzhen Component Index increasing by 0.88%, and the ChiNext Index up by 0.77% [1] - The total trading volume in the Shanghai and Shenzhen markets was 1.88 trillion yuan, a decrease of 19.6 billion yuan compared to the previous trading day [1] - High-volatility sectors such as military, consumer electronics, photovoltaic, and telecommunications performed well, while sectors like aquaculture, coal, and dividend stocks lagged behind [1] Investment Outlook - The long-term outlook for the equity market remains optimistic, driven by policies aimed at "expanding domestic demand," which includes support for income-driven demand, reasonable investment returns, and financial demand constrained by capital and debt [2] - The current bottleneck in the A-share market is attributed to the K-shaped economic recovery, with high-growth sectors like AI and export chains facing uncertainty, while low-growth sectors such as consumption and real estate may require policy support to recover [2] - The trade surplus has exceeded 1.2 trillion USD, indicating strong competitiveness in Chinese manufacturing, but rising protectionism poses risks to export growth [2] Sector Recommendations - Investors are advised to focus on sectors with more certainty, such as those related to power infrastructure, including mining ETFs, non-ferrous metal ETFs, and grid ETFs [3] - The economic structure remains unchanged, but if risks in AI and related fields materialize, cash flow ETFs may present significant value [3] - Precious metals are experiencing a strong upward trend, with gold prices surpassing 4500 USD per ounce for the first time, driven by geopolitical risks, supply shortages, and strong investment demand [3]