A-shares are like the unliftable A Dou; the market looked a bit better yesterday, but today it has soured again, yet the Fujian sector remains strong.
In December 2025, the Fujian sector will surge, a result of the resonance of policy dividends, industrial support, and capital inflow, with specific reasons as follows:
1. Intensive policies are forming a core driving force: The '14th Five-Year Plan' of Fujian and its subordinate cities like Xiamen and Quanzhou focuses on cross-strait integration, clearly promoting projects such as water, electricity, gas, and bridge connectivity between Xiamen and Kinmen. Xiamen has also proposed supporting Kinmen to share the Xiang'an International Airport, bringing value reassessment space for port and infrastructure companies. At the same time, Fujian has issued measures for the development of computing power facilities, aiming for public computing power to reach 12 EFLOPS by 2027 and upgrading submarine cables to explore computing power overseas; Xiamen is also planning to build a special economic zone with free port characteristics to create a trillion-level industrial cluster. These policies are all favorable for corresponding individual stocks in their respective fields. Additionally, the new policies released in December to benefit Taiwan provide support in terms of land use, taxes, and fees, further boosting market expectations.
2. The dual realization of industry and performance solidifies the foundation for an upward trend: In the field of new energy, Ningde Times related battery swap stations have been put into operation, and the Fuding Times super factory has started production. In the first eight months, Fujian's 'new three samples' exports increased by 19.9% year-on-year, driving expectations for order growth among supply chain enterprises. The overall performance of the sector is impressive, with net profit in the first three quarters increasing by 22.7% year-on-year. Leading companies like Ningde Times and Zijin Mining have growth rates exceeding 20%, and some individual stocks have even achieved a performance reversal, such as Xiamen Xinda's net profit in the third quarter turning around with a year-on-year increase of 197%. Solid performance provides support for stock prices.
3. Concentrated funds amplify upward momentum: Recently, amidst the fluctuations of the A-shares, the Fujian sector has become a 'safe haven' for funds due to strong policy certainty. On December 9, multiple stocks in the Fujian Free Trade Zone saw net inflows from main funds, with Hongbo Co., Ltd. and Helitai among them seeing net inflows exceeding 400 million yuan. Furthermore, many stocks in the sector overlap with hot topics such as commercial aerospace and computing power, attracting cross-sector fund inflows. Since November, net purchases by financing clients have exceeded 8 billion yuan, and the influx of large amounts of capital has further driven the surge in stock prices in the sector.
Xiangyuan Group, despite having an AA+ credit rating, still faces redemption crises for its 'Xiangyuan series' products. The main reason lies in the high concentration of underlying assets in real estate projects, where a significant decline in property sales has led to cash flow depletion.
This is like picking up sesame seeds and losing watermelons; with a state-owned background and an AA+ rating, the interest is only 4-5 points, and now I can't run even if I want to. Therefore, I will not buy unlisted targets; at least if I see the situation is not right, I can still cut losses and exit.
Pop Mart (09992.HK) stock price continued to decline to 190 today, down 35% from 290 over the past month. This stock previously had more speculative elements, but now the Hong Kong stock market is not performing well, and it has become a mixed bag. The first to fall are the speculative stocks. The entire Hong Kong stock market has shrunk due to the impact from the mainland, and stocks are bound to decline. The Hong Kong stock market has now become the world's largest financing market, but what will it use to support itself? Additionally, mainland users now have to pay a 20% dividend tax when buying Hong Kong stocks, which is quite disappointing!
I have been waiting for the BTC dip, but I always feel like I can't catch it. After waiting a little longer, I want to buy into the largest air token.
