this Santa rally, is it a a thing like like a fake virtual thing or is there a fundamental thing behind it. >> I think there's actual real stats behind it. Uh, you know, the stock traders almanac Hersfield guys actually shown that this is a a good period between >> basically uh the one week before the end of the year and the first few days.>> Why is it. In other words, I I always thought like people around this time are maybe selling stocks to give money to charity, pay bills, those sort of things. I would ...

Photographer: Michael Nagle/Bloomberg Bitcoin is missing out on the Christmas cheer. As traditional markets move into the final days of the year with a burst of seasonal optimism, the world’s largest cryptocurrency has barely stirred. Bitcoin is trading around $87,370, pinned in a $85,000 to $90,000 range and showing little sign of life — an asset built on hype, volatility and disruption ending the year in a standstill. Most Read from Bloomberg The lethargy follows a bruising autumn. A sharp selloff i ...

恒生指数小幅高开0.02%，恒生科技指数涨0.07%。盘面上，芯片概念强势，中芯国际涨超2%，华虹半 导体涨超1%；科网股跌幅居前，美团跌近1%。 华泰证券表示，当前市场依然在左侧布局区间，右侧拐点尚未清晰。市场对春季躁动提前的一致预期较 强，但港股年底仍有供需压力，"Santa rally"有不确定性，一季度或是胜率更高的阶段。11月以来二次 探底过程中，被动/个人投资者是主要增量，境内外机构主动买入均不同程度放缓，年初重配置和人民 币升值是资金面改善的下阶段动力。 国投证券认为，随着"圣诞行情"窗口期的临近，历史数据显示美股在年末往往表现较为强劲。尽管2026 年加息与通胀路径仍存分歧，但近期科技巨头展现出的融资能力与资本开支决心，令机构投资者相信 AI驱动的增长故事仍未结束，近期回调反而为长线资金提供了布局良机。 银河证券认为，建议关注：(1)科技板块仍是中长期投资主线，经历前期调整后估值回落，在多重利好 因素提振下，有望反弹回升。(2)消费板块有望获得较大力度政策支持，且当前估值处于相对低位，中 长期上涨空间较大，后续需关注政策落地力度及消费数据改善情况。 广发基金表示，流动性扰动偏短期影响，调整后港 ...

Evening X, Cristmas is coming, Santa rally ongoing 🚀 https://t.co/B1ppRFs54M ...

Cast your vote:🎅 Santa rally🍾 New Year rip ...

Group 1 - The Hang Seng Index opened up 0.29%, while the Hang Seng Tech Index rose by 0.14%. The materials sector showed strength, with Zijin Mining up 1.19% and Tianqi Lithium up 2.02%. However, Kuaishou fell by 3.3% due to a cyber attack on its platform [1] - Huatai Securities noted that the combination of early-year reallocation and RMB appreciation may support an improvement in the funding environment in the next phase. Defensive dividend assets in the Hong Kong stock market are expected to gain renewed attention as a core option [1] - By 2026, three catalysts related to "expectation differences" are anticipated for the Hong Kong stock market: the formation of consensus on RMB appreciation, a stable Sino-U.S. relationship in the first half of 2026, and breakthroughs in key sectors like AI and semiconductors that could drive independent performance in the tech sector [1] Group 2 - CITIC Securities indicated that after a unilateral rise in September, the Hong Kong stock market has experienced fluctuations due to changing overseas macro expectations since October. Quality assets are now entering a high cost-performance range, supported by continuous capital inflow and improved profit expectations [1] - Huatai Securities believes the market is still in a left-side layout phase, with the right-side turning point not yet clear. There is strong consensus on an early spring rally, but year-end supply and demand pressures create uncertainty for a "Santa rally" [2] - China Galaxy suggested focusing on the technology sector as a long-term investment theme, which is expected to rebound after previous adjustments. The consumer sector is also anticipated to receive significant policy support, with current valuations at relatively low levels, indicating substantial long-term upside potential [2]

今日早参 2025 年 12 月 22 日 易峘 首席宏观经济学家 邮箱：evayi@htsc.com 易峘 首席宏观经济学家 邮箱：evayi@htsc.com 今日热点 宏观：数据噪音加大，市场更为关注联储主席人选谜底 上周公布的 10-11 月非农和 CPI 显示美国就业市场仍未失速，且通胀整体温 和，但均受到政府关门的扰动，联储降息预期仅小幅上升。日欧英央行公布 利率决议，日央行如期加息 25bp，但表态不够鹰派，日元贬值，而欧央行 如期按兵不动，英国央行降息 25bp。上周美债收益率下行、美元小幅升 值、美股下跌。本周重点关注美国三季度 GDP（12 月 23 日）。 风险提示：地缘政治不确定性，联储独立性受到超预期削弱。 研报发布日期：2025-12-21 研究员 易峘 SAC:S0570520100005 SFC:AMH263 胡李鹏 SAC:S0570525010001 SFC:BWA860 陈玮 SAC:S0570524030003 SFC:BVH374 王子琳 SAC:S0570525090002 宏观：国债发行及建筑开工边际提速 上周港口高频数据显示出口同比增速进一步回升，建筑开工边际改 ...

We're back on Morning Trade Live. So, let's focus on Nike right now. The stock is selling off today after issuing a very gloomy outlaw.For more on that in a second, today's move on the chart is just the latest in a very up and down year. 6 months ago, the stock gapped up 15% after earnings and was trading as high as 80 bucks in late August, but since Labor Day, the stock is down more than 25%. And that is after today's slide.So, we are down right now. We're at 59 in change. Let's take a look at other athlei ...

Top markets on @MyriadMarkets this week focus on a potential Santa rally, the pardon of Keonne Rodriguez, and a death on "Stranger Things." https://t.co/kl6njLeRQm ...

Santa rally? No Satan rally ...