20251210-格林期货-早盘提示_3页_482kb

Greenhill & Co. Stock Research

Date: December 10, 2025
Advisor: Yu Junli
CETF Registration No.: F0247894
Trading Consultant Registration No.: Z0000112
Contact: yujunli@greendh.com

Morning Session Notice

Tuesday's market saw key indices fluctuate downward, with short-term profits partially liquidated. Trading volume reached 2.1 trillion yuan.

• SSE 300: 4598 points, -0.51%
• Shanghai 50: 2997 points, -0.71%
• CSI 500: 7121 points, -0.71%
• CSI 1000: 7380 points, -0.57%

Top-performing sectors included Communication Equipment and AI-related industries, while industrial metals and forestry outperformed downward.

Market Logic & Outlook

Current Market Trends

• Short-term profit-taking contributed to index declines.
• Foreign capital inflows to China's stock market exceeded $50 billion in the first ten months of this year.

Future Prediction

• A moderate fiscal and monetary policy with ongoing regulatory support for technological innovation.
• Potential for A-share valuation growth due to higher corporate profits, falling risk-free rates, and increased household investment allocation toward the stock market.

Opportunities & Risks

• Foreign institutions recommend an overweight position on AI-driven growth, especially in terms of competitive advantages and valuation resilience.
• Short-term market weakness expected in the concluding phase of the year due to fund settlement and profit-taking pressures.

Trading Strategy

Main Indices & Futures

• Market sentiment remains weak. Long positions are expected to lag amid potential profit-taking.

Options

• Currently uninterested in call options on index futures due to a bearish outlook in the short term.

Important Information & Disclaimer

• Risk warning: Refer to the term sheet and conditions defined.
• This report is based on public information; actual investment risks fall upon the investor.
• Unauthorized reproduction is strictly prohibited.