本公 司 董事 會（「董 事 會 」）欣 然宣 佈，本公 司 被富 時 羅素 納入 其 富時 全球 股 票指 數 系列，包 括富 時 全球 小 型股 指 數、富時 全 球全 股 票指 數 及富 時 全球 總 市值 指數，此 次 納入 於 二 零二 六 年三 月 二十 日（ 星期 五） 收市 後 生效 。 富時 羅 素是 全 球指 數行 業 的領 導 者，為全 球 投資 者 提供 創新 的 基準、 分析 及 數據 解 決方 案。富時 羅 素提 供 70多 個國 家 市場，不 同資 產 類別 衡量 及 基準 對 照的 數千 個 指數，涵 蓋 了全 球 98%可 投資 的市 場。富時 全球 股 票指 數 系列 提供 了 穩健 的 全球 股票 指 數框 架，該系 列覆 蓋 了全 球49個 發達 及 新興 市場 中 超過 19,000種各 類 大、中、小 及微 型 規模 的 證券 ， 並針 對 特定 市場 及 細分 市 場提 供廣 泛 的模 塊 化指 數。 香港交易所上巿公司股份代碼 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公佈 ...

Group 1 - The main stock index in South Africa increased by 1% [1] - The index reached a level of 124,305.80 points [1]

Group 1 - The Australian S&P/ASX 200 index rose by 0.2% in early trading, reaching 9096.2 points [1]

Group 1 - The Australian S&P/ASX 200 Index increased by 0.3% in early trading, reaching 8941 points [1]

Core Insights - The major stock indices showed positive monthly performance, with the CSI 500 leading with a 12.12% increase, followed by the CSI 200 at 6.64% and the CSI 800 at 4.49% [9][10][11] - The Shanghai Composite Index rose by 3.76%, while the CSI 100 and CSI 300 increased by 2.89% and 1.65% respectively [9][10] - The market experienced a total trading volume of 30059 million shares for the CSI 300, with an average daily transaction amount of 736 billion yuan [9] Monthly Performance of Major Indices - CSI 300: Opened at 4661.62, closed at 4706.34, with a monthly increase of 1.65% [9] - CSI 100: Opened at 4526.86, closed at 4615.93, with a monthly increase of 2.89% [9] - CSI 800: Opened at 5145.47, closed at 5338.51, with a monthly increase of 4.49% [9] - CSI 200: Opened at 5682.69, closed at 6024.78, with a monthly increase of 6.64% [9] - CSI 500: Opened at 7523.88, closed at 8370.52, with a monthly increase of 12.12% [9] Sector Performance - The Energy sector increased by 7.36% in the CSI 300, while the Materials sector rose by 16.87% [17] - The Industrial sector showed minimal growth at 0.12%, while Consumer Discretionary declined by 4.84% [17] - The Financial sector decreased by 4.20%, contrasting with the Information Technology sector, which increased by 5.39% [17] Contribution to Indices - The Materials sector contributed significantly to the CSI 300 with 75.43 points, accounting for 98.73% of the index's performance [18] - The Energy sector contributed 7.67 points, representing 10.05% of the index [18] - The Financial sector had a negative contribution of -46.30 points, indicating a detrimental impact on the index [18] Stock Performance Highlights - Zijin Mining saw a significant increase of 16.45%, closing at 40.14 yuan, contributing positively to the CSI 300 [12][13] - Longi Green Energy and other stocks like TCL Technology and China Power Construction also showed strong performance, with increases of 37.60% and 22.41% respectively [12][13] - Conversely, stocks like Pudong Development Bank and Agricultural Bank of China experienced declines of 19.29% and 12.50% respectively [16][14] Valuation Metrics - The CSI 300 has a P/E ratio of 14.35 and a P/B ratio of 1.45, indicating a moderate valuation compared to historical averages [11] - The Financial sector has the lowest P/E ratio at 7.72, while the Information Technology sector has the highest at 50.57 [11]

Core Viewpoint - The major U.S. stock indexes experienced declines, with the Dow falling 494 points, or 1%, indicating a negative trend in the market despite being on track for a ninth consecutive month of gains [1] Group 1: Market Performance - The Dow Jones Industrial Average decreased by 494 points, representing a 1% drop [1] - The S&P 500 index fell by 0.8% [1] - The Nasdaq Composite index declined by 1.1% [1] Group 2: Trends - The Dow is on pace to achieve its ninth consecutive month of gains, according to Dow Jones Market Data [1] - Despite the monthly gains, the Dow is also on track for a third consecutive week of declines, marking the longest such stretch since December 2024 [1]

Group 1 - The main stock index in South Africa increased by 1% to reach 118,160.8 points [1]

Report Investment Rating - Not provided in the content Core Viewpoints - Overseas, the US GDP growth rate in Q3 significantly exceeded market expectations, boosting global market confidence and driving the three major US stock indexes to rise for four consecutive days [1][2] - Domestically, the market continues its recovery trend, with the Shanghai Composite Index returning to the central area of the box-shaped oscillation. The current market still shows the characteristic of sector rotation, and trading mainlines may gradually emerge [2] Summary by Directory Macro Economic Charts - The charts include the relationship between the US dollar index and A-share trends, the US Treasury yield and A-share trends, the RMB exchange rate and A-share trends, and the US Treasury yield and A-share style trends [6][9] Spot Market Tracking Charts - The daily performance of major domestic stock indexes on December 23, 2025, shows that the Shanghai Composite Index rose 0.07% to 3919.98 points, the Shenzhen Component Index rose 0.27%, the ChiNext Index rose 0.41%, the CSI 300 Index rose 0.20%, the SSE 50 Index rose 0.24%, the CSI 500 Index rose 0.02%, and the CSI 1000 Index fell 0.22% [13] - The charts also show the trading volume of the Shanghai and Shenzhen stock markets and the margin trading balance [14] Stock Index Futures Tracking Charts - The trading volume and open interest of stock index futures show that the trading volume of IF decreased by 789 to 92029, IH increased by 817 to 37812, IC decreased by 7094 to 96094, and IM decreased by 1632 to 144993; the open interest of IF increased by 7033 to 270424, IH decreased by 761 to 82828, IC decreased by 1024 to 255760, and IM increased by 2002 to 351928 [15] - The basis of stock index futures shows that the basis of IC and IM was slightly repaired [1] - The inter - delivery spread of stock index futures is also presented in the report [40][41][42]

Group 1 - The yield on the 10-year U.S. Treasury bond has decreased to below 4.0850%, fully reversing earlier gains as U.S. consumer confidence hits a three-year low [1] - The yield on the 2-year U.S. Treasury bond has fallen below 3.55% [1] - The yield on the 10-year TIPS has retreated to below 1.8150%, while the 2-year TIPS yield remains temporarily above 1.02% [1] Group 2 - The Bloomberg Dollar Index has reached a new daily low [1] - The S&P 500 index has narrowed its decline to 0.54%, while the Nasdaq Composite index initially dropped by 1.53% but has since reduced its loss to less than 1% [1] - Spot gold remains steady above $3990, with an intraday gain of nearly 0.4% [1] - Bitcoin has turned positive, returning above $101,000 [1]

Group 1 - The article discusses the significance of the Shanghai Composite Index (沪指) as a reflection of the stock market in Shanghai [7][31] - It explains the concept of stock indices using an analogy of a fish tank, where the tank represents the stock market and the fish represent various stocks [10][12] - The article outlines how the index is calculated by comparing the current market value of stocks to an initial value, referred to as the base value [16][20] Group 2 - The Shanghai Composite Index includes all listed stocks on the Shanghai Stock Exchange, excluding ST and *ST stocks, and serves as a comprehensive indicator of market performance [31] - The index was established with a base date of December 19, 1990, when the index was set at 100 points [33] - The article notes that the index has reached a new high in the past 10 years, indicating significant market performance [35]