八连阳，商业航天，资源股引爆跨年度行情

Group 1 - The A-share market is experiencing a strong bullish trend, with the Shanghai Composite Index achieving an eight-day winning streak and trading volume exceeding 2 trillion yuan, indicating high investor enthusiasm [1] - The National Venture Capital Guidance Fund has officially launched, aimed at activating and leading the Chinese venture capital market, with a focus on sectors such as artificial intelligence, biopharmaceuticals, quantum technology, and 6G [1][4] - Successful past government venture capital cases include the National Integrated Circuit Fund and local government investments in companies like NIO and BOE, demonstrating the effectiveness of government-led investment strategies [1][4] Group 2 - The guidance fund is expected to attract more private capital participation, as it targets top talent and aims for significant IPO premium opportunities, benefiting from government involvement [4] - The fund's investment cycle is anticipated to be shorter than 20 years, with many tech companies going public within five years, leading to quicker returns for investors [2][4] - The commercial aerospace sector is highlighted as a key area of growth, closely linked to AI technologies, with the market anticipating China's focus on satellite internet and computing networks [5][6] Group 3 - Other hot sectors include commodities such as energy metals, precious metals, and steel, which are benefiting from the depreciation of the US dollar, suggesting a bullish trend in the commodities market [8] - Continuous monitoring of the Federal Reserve's loose monetary policy is crucial, as it directly impacts commodity prices, with no apparent ceiling on price increases [8] - Investors are advised to differentiate between companies in the commodities sector, as some may face losses due to rising input costs, while others may effectively hedge against risks [8]