深夜，中概股暴涨！

Market Performance - On January 2, US stock indices opened higher, with the Dow Jones up 0.19%, S&P 500 up 0.58%, and Nasdaq Composite up 1.03% [1] - The Philadelphia Semiconductor Index surged over 3.5%, with ASML rising over 7% and Micron Technology increasing nearly 6% [2] Company Highlights - Tesla's Q4 delivery volume was 418,227 vehicles, a 16% year-over-year decrease, with production at 434,358 vehicles, down 5.5% year-over-year [2] - Chinese stocks saw significant gains, with the Nasdaq Golden Dragon China Index soaring 4%, and notable increases in companies like Baidu (up 11.35%) and Alibaba (up 4.55%) [2] Hong Kong Market - The Hang Seng Tech Index rose 4% by the end of the trading day, with the Hang Seng Index up 2.76%, driven by sectors such as electric equipment, domestic retail, and gaming software [4] A-Share Market Outlook - Analysts predict a strong rebound in the A-share market by 2025, driven by improving corporate earnings and technological innovations, with a focus on four main investment themes [4] - The Chief Investment Officer of China Merchants Fund highlighted the attractiveness of Chinese assets for global allocation in 2026, emphasizing sectors with competitive manufacturing leaders and improving supply-demand dynamics [4] Chinese Market Predictions - Goldman Sachs forecasts a 38% upside potential for the Chinese stock market by the end of 2027, citing improved investability and reduced core risks compared to previous years [5] - Factors such as global economic recession risks, AI-driven market fluctuations, and evolving domestic policies are noted as uncertainties that could impact market trends [5]