Last night, the overseas market was quite lively. The three major U.S. stock indices all closed higher, with the Nasdaq rising by 0.52%. AI concept stocks were particularly prominent, with Oracle soaring over 3%, Micron hitting over 4%, and Nvidia and TSL also both rising over 1%. The precious metals market was also impressive, with both gold and silver reaching historic highs. The Nasdaq Golden Dragon China Index also did not lag behind, closing up 0.58%.

The holiday schedule for Hong Kong and the US has been released, so please pay attention to the trading hours: Hong Kong stocks will only have morning trading on Tuesday (market closes at 13:00), and will have a two-day break on Wednesday and Thursday; US stocks will close three hours early on Tuesday (December 24) and will be closed all day on Wednesday (December 25).

In the A-shares market, the three major indices rebounded significantly on Monday, with the Growth Enterprise Market Index rising strongly by 2.23%. The Hainan Free Trade Zone surged, with non-ferrous metals and semiconductors taking turns to rally, and the total trading volume reached 1.8822 trillion, with the ratio of rising to falling stocks being 2984:2265, clearly leaning towards the upside.

From a technical perspective, the market has risen for four consecutive days, pushing up to the 3917 line, just one step away from the upper resistance level of 3936. The breakthrough is imminent, but the key lies in whether it can effectively increase volume to break through - this will determine whether the subsequent market will continue to fluctuate within the range or transform into a genuine wave rebound. Considering external environment, the structure of the three major indices, and the liquidity levels of major financials, the possibility of the market breaking through with increased volume is indeed considerable.

There are several signals in the hotspot area that cannot be ignored. The Ministry of Commerce announced temporary anti-subsidy measures on dairy product imports from the EU starting December 23. Relevant concept stocks such as Zhongyuan Pastoral, Beingmate, Sunshine Dairy, Huangshi Group, and Western Pastoral are worth paying attention to, and the Beijing Stock Exchange target Knight Dairy is also involved.

There are also new developments in the aerospace field. The Long March 12A new type of reusable launch vehicle is expected to make its maiden flight at the Jiuquan Satellite Launch Center on the morning of December 23 (based on the publicly available air traffic control information from Lanzhou, the official announcement has not yet been made). This is a new generation product developed by the Eighth Academy of China Aerospace Science and Technology Corporation. Last night, US stocks related to the commercial aerospace concept surged, with AST SpaceMobile rising by 14.03% and Rocket Lab rising by 9.97%. Domestic Long March 12A concept stocks include Aerospace Electromechanical, Chaojie Co., Ltd., Jiayuan Technology, and China Satellite.

In addition, the Kuaishou platform was attacked by black and gray industries late at night on December 22, with inappropriate content appearing in multiple live broadcast rooms, which has now been urgently repaired. Cybersecurity concept stocks such as Electric Science and Technology Network Security and Yongxin Zhicheng are worth noting. The platinum futures of Guiyan Platinum have reached the limit up, and the precious metals market remains strong.

It is worth mentioning that Goldman Sachs' latest research report predicts that Chinese stocks are expected to continue their rise in 2026, and could even rise another 38% by the end of 2027, which is undoubtedly a strong boost for long-term bulls.