金融工程周报：跨年无忧，慢牛继续-20251228

• The report mentions an A-share timing model, specifically a "wave model" that turned bullish mid-week, marking the first shift to a higher position since November 14, 2025. This model is used to determine optimal entry points for A-share investments based on market signals [1][29] - A short-term timing model for A-shares also turned bullish on major broad-based indices on Friday, indicating a positive outlook for traditional sectors such as consumption, infrastructure, real estate, and manufacturing [1][29] - The report highlights a "position timing strategy" for the A-share market, which is used to adjust equity exposure based on market conditions. This strategy is supported by historical net value data and performance metrics [11][12] - A "multi-long-short timing strategy" for the A-share market is also discussed, which involves leveraging long and short positions in futures to optimize returns. This strategy is visualized through net value curves and position recommendations [13][14] - The report includes a "dividend growth timing strategy" for A-shares, focusing on stocks with high dividend yields and growth potential. This strategy is designed to capture returns from dividend-paying stocks while managing risk [21] - A "small and micro-cap timing strategy" for A-shares is mentioned, targeting smaller market capitalization stocks for potential higher returns. This strategy is based on specific timing signals for small-cap stocks [17][18] - The report also discusses a "Hong Kong stock position timing strategy," which adjusts exposure to Hong Kong equities based on macroeconomic and market signals. This strategy emphasizes resilience and flexibility in sectors like central enterprises and internet companies [15] - A "gold timing strategy" is included, which maintains a medium position in gold while avoiding silver due to uncertain market conditions. This strategy is based on the U.S. dollar index and other macroeconomic factors [22] - The report outlines "ETF portfolio strategies," including equity-biased and bond-biased portfolios. These strategies are designed to optimize returns through diversified ETF investments, with performance tracked through net value curves [24][26]