兴业证券复盘历次春季躁动行情，指出今年或符合"年初以来市场表现偏强、临近岁末扰动缓解后开启 躁动"的情况，可能有效开启躁动行情的信号，包括：1)岁末年初降准降息落地的可能性，第一个观测 窗口在下周初，第二个观测窗口在1月；2)关键数据对基本面预期改善的提振，包括PPI、PMI、M1、社 融信贷、以及上市公司年报预告等。节奏上，兴业证券预计："年末时间段，市场风格较为均衡，大 盘、低估值、顺周期相对占优；春节至两会前，小盘、科技成长明显占优。" 华泰证券认为："经过前期调整，明年的春季躁动值得期待，但当前仍处于基本面预期扰动和政策、经 济数据空窗期交织阶段，后续行情斜率抬升的潜在催化包括圣诞节后外资仓位回补、1月中旬开始的年 报预告密集披露期及1月可能的降准。" 12月22日，A股放量上涨，沪指盘中强势收复3920点。 市场聚焦"春季躁动"，是否提前启动？哪些板块胜率较高？各家研究机构策略团队的意见分歧较大。其 中，兴业证券、华泰证券策略团队对春季躁动行情相对乐观。 华创证券则指出："地产政策的力度和节奏"是春季躁动何时启动的关键。 沪深300ETF华夏(510330.SH)相较其他宽基，沪深300指数风格较为 ...

Core Insights - The rise of interest in metaphysics among young people is highlighted by the popularity of astrology influencer Tao Baibai, whose recent divorce has sparked discussions about the credibility of metaphysical beliefs [2] - The emotional economy in China is projected to grow significantly, with a market size expected to reach 23,077.67 billion yuan in 2024 and surpass 45,000 billion yuan by 2029, indicating a strong consumer preference for metaphysical and luck-related services [3] - The integration of AI technology into metaphysical practices is creating new opportunities and attracting more participants, as seen with the use of AI models for fortune-telling [6] Group 1: Technology and Metaphysics - The popularity of AI models like DeepSeek has led to a surge in young people using these tools for fortune-telling, with many sharing their experiences in social media groups [7][9] - AI models provide personalized readings based on traditional Chinese metaphysics, which are shared widely among users, indicating a blend of technology and traditional practices [10][13] - The overall user engagement with AI-assisted fortune-telling is significant, with 612 million monthly active users in this sector, second only to search engines [10] Group 2: Consumer Behavior and Trends - Young consumers are increasingly viewing metaphysical practices as a form of psychological counseling rather than superstition, with tarot reading and astrology becoming popular among this demographic [20] - The monetization of metaphysical services is evolving, with influencers and practitioners offering personalized consultations and selling related products, such as crystals, at varying price points [25][23] - The psychological appeal of metaphysics is rooted in the Barnum effect and self-fulfilling prophecies, which help alleviate decision-making anxiety for consumers [25] Group 3: Social Media Influence - Social media platforms have transformed tarot reading from one-on-one sessions to mass engagement through video content, allowing users to participate in collective experiences [16][19] - The format of tarot videos on platforms like Bilibili and Douyin is designed to maximize user interaction and engagement, often leading to prolonged viewing sessions [17][19] - Influencers often tailor their content to resonate with a broad audience, enhancing the perceived accuracy and relevance of their readings [19]