每周主题、产业趋势交易复盘和展望：AI行情能跨年吗？

Group 1 - The report discusses the performance of the market, highlighting that the large-cap stocks significantly outperformed small-cap stocks, with the STAR 50 index showing the strongest performance and substantial volume increase [14][32] - The report notes a significant decline in trading volume, with the average weekly trading volume decreasing by approximately 400 billion to 1.52 trillion, deviating from the 50-day average of 1.87 trillion [6] - The report identifies key sectors showing strength this week, including AI inference computing, edge hardware, e-commerce, and brain-computer interfaces, with specific mentions of companies like Broadcom exceeding earnings expectations [41] Group 2 - The report outlines the central economic work conference's focus on boosting consumption and investment efficiency, emphasizing the importance of expanding domestic demand and supporting new consumption models [42] - It highlights the emphasis on technological innovation to lead new productivity development, with a focus on AI, future industries, and reducing competition pressure in sectors like new energy [42] - The report indicates that the industry configuration for 2025 will revolve around three main themes: active domestic circulation, technological self-reliance, and expanding openness [56] Group 3 - The report provides insights into recent merger and acquisition activities, noting a total of 24 significant transactions involving listed companies as buyers, with a notable increase in activity compared to previous weeks [47] - It mentions that the majority of the buyers in these transactions were state-owned enterprises, indicating a trend towards consolidation in certain sectors [47] - The report also highlights specific upcoming industry events, such as the launch of the first brain-computer interface product based on AGI algorithms, scheduled for December 28 [59]