智通财经网·2026-01-02 04:01Core Viewpoint - The report from CMB International indicates that the mainland market is entering a phase of policy validation and profit recovery as the "14th Five-Year Plan" begins. The evolution of pricing power structure is attracting long-term capital back to new core assets [1] Group 1: Key Variables for January - Three major variables to focus on in January include: 1) the first batch of major projects and revenue-increasing policy details under the "14th Five-Year Plan" [1] 2) overseas liquidity [1] 3) consumer data and seasonal liquidity before the Spring Festival holiday [1] Group 2: Investment Strategy - The company suggests focusing on "domestic demand reconstruction" and "resilience in overseas markets," balancing offensive and defensive strategies [1] - Selected stocks for January include: 1) Prosperity Industrial Trust (00778) [1] 2) NVIDIA (NVDA.US) [1] 3) Hesai Technology (02525) [1] 4) Sangfor Technologies (01530) [1] 5) Yili Group (600887.SH) [1] 6) GCL-Poly Energy (03800) [1]