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Ⅲ) Individual stock analysisⅢ) Individual stock analysisAccording to CICC, in combination with the statement of the Economic Work Conference, the impact on A shares is positive, and the "year-end and year-end market" will continue despite twists and turns. China's economic growth and the pace of policy introduction have always been the core factors affecting the sentiment of A-share market. With the interest rate cuts by overseas Federal Reserve and domestic policies, investors' risk appetite in 2025 is expected to be better than that in 2024, and structural opportunities are expected to increase further. The follow-up period will still be the window period for the policy to land, which will help boost investor confidence.

Record of resumption of trading on 12.13: The three major indexes collectively oversold by 2%, which cracked...... 2) The follow-up period will still be the window period for the policy to land, which will help boost investor confidence.According to CICC, in combination with the statement of the Economic Work Conference, the impact on A shares is positive, and the "year-end and year-end market" will continue despite twists and turns. China's economic growth and the pace of policy introduction have always been the core factors affecting the sentiment of A-share market. With the interest rate cuts by overseas Federal Reserve and domestic policies, investors' risk appetite in 2025 is expected to be better than that in 2024, and structural opportunities are expected to increase further. The follow-up period will still be the window period for the policy to land, which will help boost investor confidence.

Record of resumption of trading on 12.13: The three major indexes collectively oversold by 2%, which cracked.Record of resumption of trading on 12.13: The three major indexes collectively oversold by 2%, which cracked.