每日投资策略-20260108

Global Market Overview - The Hang Seng Index closed at 26,459, down 0.94% for the day but up 3.23% year-to-date [1] - The S&P 500 closed at 6,921, down 0.34% for the day and up 1.10% year-to-date [1] - European markets showed slight declines, with the DAX reaching a historical high [3] Hong Kong Stock Performance - The Hang Seng Financial Index closed at 50,684, down 0.77% for the day and up 3.58% year-to-date [2] - The Hang Seng Industrial Index closed at 14,299, down 1.15% for the day and up 3.03% year-to-date [2] - The Hang Seng Real Estate Index closed at 18,344, up 0.28% for the day and up 4.45% year-to-date [2] Chinese Market Dynamics - In the Hong Kong market, consumer discretionary, energy, and information technology sectors led the decline, while healthcare, industrials, and consumer staples saw gains [3] - Southbound capital recorded a net inflow of HKD 9.178 billion, with Tencent, Xiaomi, and China Life being the top net buyers [3] - A-shares saw gains, particularly in the comprehensive, coal, and electronics sectors, while oil, non-bank financials, and beauty care sectors faced the largest declines [3] Economic Indicators - China's foreign exchange reserves increased by 0.3% month-on-month in December, with the central bank having increased gold holdings for 14 consecutive months [3] - The Eurozone's December CPI growth slowed to 2%, aligning with the European Central Bank's target, indicating a potential for stable interest rates [3] - U.S. economic data showed mixed results, with the December ISM services PMI reaching a 13-month high, indicating robust demand and a recovery in hiring [3] Commodity Market Insights - Precious metals prices are expected to experience significant volatility due to upcoming adjustments in the Bloomberg Commodity Index [3] - Industrial metal prices have retreated, while oil prices have declined amid expectations of increased supply from Venezuela [3]