海外周报：跨年假期交易“清淡”，关注春节前“微信小店”的持续演绎

Group 1: Investment Recommendations - The upcoming holiday season, including Christmas and New Year, is expected to enhance Tencent's monetization potential through the WeChat e-commerce platform, particularly with the new "gift-giving" feature[1] - Optimism remains for overseas Chinese consumer assets, especially brands with stable capabilities like Haidilao and those with significant overseas revenue like Tsingtao International and Samsonite[1] - Continued interest in asset trading platforms is noted, particularly for Robinhood, FUTU, TIGR, and IBKR, with a focus on the value re-evaluation of FUTU/TIGR due to their growth potential in U.S. stock trading[1] Group 2: Market Performance and Trends - The Hang Seng Index and Hang Seng Tech Index saw increases of +1.87% and +2.12% respectively during the week of December 23-27, 2024[1] - Among Hong Kong Stock Connect stocks, the top gainers included Kingsoft Cloud (+36.03%) and Weimob (+30.35%), while the biggest losers were Automotive Street (-13.83%) and Lepu Biopharma-B (-11.75%)[1] - The Chinese education index decreased by -4.25%, underperforming against the Shanghai Composite (+1.36%) and Hang Seng Index (+1.87%) during the same period[1] Group 3: Risk Factors - Risks include potential underperformance in consumer recovery, regulatory risks, and intensified industry competition[2] - The report emphasizes the importance of monitoring industry policies and performance reversals in the fintech lending sector, highlighting companies like Qifu Technology and Lexin Technology[1]