The Hong Kong stock market is weak, but the A-shares are experiencing a big explosion, with a trading volume of 297.1 billion in half a day. The key layout window for this week is coming!

1. U.S. stocks are strong, and Chinese concept stocks are surging.

Last Friday, all three major U.S. stock indexes rose, with the Dow, Nasdaq, and S&P 500 indexes increasing by 0.22%, 0.31%, and 0.19%, respectively. The direction of the surge was in storage chips, with SanDisk and Micron rising by 7.11% and 4.66%, respectively. Chinese concept stocks in the U.S. were even stronger, with the Nasdaq Golden Dragon China Index rising by 1.29%. Among them, Baidu's U.S. stock rose by 5.85%, and in the news, Baidu may spin off its AI chip company Kunlun to go public.

2. Weekend policy benefits concentrated release.

Whether it was last Friday after the market closed, the Securities Regulatory Commission publicly solicited opinions on the "Conditions for the Supervision and Management of Listed Companies," changing the ecological governance structure of A-shares, directly benefiting brokerages; or the SEC's speech on building a world-class investment bank, which will moderately leverage the securities industry and further promote mergers and acquisitions in the securities sector, providing huge benefits to brokerages! Additionally, the risk factor for insurance funds investing in stocks has been lowered, directing funds into the CSI 300 and STAR Market.

3. Hong Kong stocks plunge!

Today, China's assets show polarization. The A50 futures index rose due to policy benefits, fluctuating upward during the day, with an increase of 1.3% at noon; the Asia-Pacific stock market is showing weakness, and the Hong Kong Hang Seng Index plunged after opening, without any rebound, closing down 1.1% at noon, but the Hang Seng Technology Index only fell by 0.24%, with the decline narrowing. The Hong Kong semiconductor sector is strong, while coal is weak.

4. A-shares soar, technology stocks explode!

In the morning, A-shares surged due to policy benefits, with securities stocks performing strongly. The market enthusiasm for semiconductors was fueled by the market heat, with the Shanghai Composite Index fluctuating upward, closing up 0.62% at 3927 points. By the end of the morning, the Shenzhen Component Index, ChiNext Index, and STAR 50 Index rose by 1.55%, 3.02%, and 1.67%, respectively.

5. Huge trading volume is here!

In addition to the significant rise in A-shares in the morning, the trading volume also exploded, with the morning transaction amount reaching 12.9 trillion, compared to last Friday's morning volume of 297.1 billion, an increase of about 30%! Among the 3551 stocks in the two markets, only 1695 stocks declined, with only 74 stocks falling by ≥3%! It is a very beautiful bull market, and market sentiment has clearly revived, with the Shanghai Composite Index also recovering the 60-day moving average!

In summary, the content above, except for the rise and fall of Hong Kong and A-shares, has basically been discussed in the morning live broadcast, including bullish views on the A-share market, securities, and semiconductors, as well as caution about today's pullback in the coal sector (the coal sector led the decline in the two markets in the morning, falling by 1.53%). Additionally, it was mentioned before the market opened that this week is the most critical week for the A-share market, and the situation will become clear.

There are three reasons: first, on December 11 at 3 a.m., the Federal Reserve will announce the interest rate decision, likely to cut rates; second, later this week, likely on the 11th-12th, a major year-end meeting will be held to discuss important policy directions for the 14th Five-Year Plan; third, public funds are likely to complete their ranking work in the middle of this month, and the next period will be a key window for laying out a new round of market opportunities!