每日投资策略-20260105

Global Market Observation - The Hang Seng Index closed at 26,338, up 2.76% for the day and 2.76% year-to-date [1] - The Hang Seng Tech Index saw a significant increase of 4.00% [1] - The US markets showed mixed results, with the Dow Jones up 0.66% and the S&P 500 up 0.19%, while the Nasdaq slightly decreased by 0.03% [1] Hong Kong Stock Performance - The Hang Seng Financial Index rose by 2.12%, while the Hang Seng Industrial Index increased by 3.27% [2] - The Hang Seng Property Index experienced a gain of 1.96% [2] Sector Performance Insights - Information technology, materials, and discretionary consumption sectors led the gains in the Hong Kong market, while utilities, staples, and real estate lagged [3] - The domestic semiconductor industry is undergoing a wave of mergers and acquisitions, indicating a strategic intent to strengthen supply chains and enhance core competitiveness [3] Consumer Trends - The New Year holiday consumption in China exceeded expectations, with 595 million people traveling, a year-on-year increase of 19.6% [3] - Sales in the duty-free market in Hainan during the holiday saw significant growth, with sales volume, shopping visits, and spending increasing by 52.4%, 60.6%, and 128.9% respectively [3] International Market Dynamics - European stocks rose significantly, while US stocks had modest gains, with energy, industrials, and materials leading the way [3] - The US military action in Venezuela slightly increased geopolitical and supply chain risks, impacting US market performance [3] Commodity Market Movements - Oil prices initially rose but later fell, with OPEC+ confirming no change in oil supply for the first quarter [3] - The IEA forecasts a surplus of 3.8 million barrels per day in the oil market by 2026 [3]