Market Performance - On December 29, the Shanghai Composite Index rose by 0.04%, while the Shenzhen Component Index fell by 0.49% and the ChiNext Index dropped by 0.66%[3] - The total trading volume on December 29 was 2.16 trillion yuan, a decrease of approximately 200 billion yuan from the previous trading day[1] Sector Analysis - The leading sectors in terms of gains included military industry, electronics, and automotive parts, while the sectors with the largest declines were batteries, electricity, and energy metals[3] - The technology sector, particularly the Sci-Tech 50 Index, showed strong performance, indicating a higher risk appetite among market participants[1] Fund Flows - On December 29, net inflows into the Shanghai Stock Exchange were 641 million yuan, while net inflows into the Shenzhen Stock Exchange were 5.057 billion yuan[3] Government Policies - The State-owned Assets Supervision and Administration Commission emphasized the importance of state-owned enterprises in driving economic growth and resisting "involution" competition, aiming for a per capita GDP at the level of moderately developed countries by 2035[4][5] - The People's Bank of China announced the launch of a digital yuan management service framework, with a total transaction amount of 16.7 trillion yuan processed by the end of November 2025[7] Industry Developments - The automotive market is expected to see a positive start in January 2026, with a projected year-on-year growth of 5% for new energy vehicles in the first quarter[8] - China's first oil field to inject over 1 million tons of carbon dioxide annually was established in Xinjiang, marking a significant step in carbon capture technology[11] Fund Performance - The highest annual return for public active equity funds reached 236.88%, potentially setting a record for the highest annual return in public fund history[13] - Public fund distributions have increased significantly, with over 3,600 funds distributing more than 240 billion yuan in total, marking a three-year high[14]
每日市场观-20251230
Caida Securities·2025-12-30 02:23