Major A-shares indices collectively declined in early trading. By the midday break, the Shanghai Composite Index fell 0.46% to 3,247.54 points, the Shenzhen Component Index dropped 0.23%, and the Chinext Price Index decreased by 0.28%. The overall market's half-day turnover was 753.4 billion yuan, a decrease of 28.9 billion yuan compared to the previous day, with over 3,900 stocks experiencing declines.

On the market, stocks in Gold and Industrial Metals rose broadly, with North Copper hitting the ceiling, and Beijing Xiaocheng Technology Stock increasing by more than 7%. Spot Gold rose above 2,660 USD yesterday; Coal stocks has strengthened, Anyuan Coal Industry Group reached the ceiling with a record of 'floor to ceiling' rallies over 6 days and 5 boards, while Baotailong New Materials also hit the ceiling. AI glasses concept stocks generally surged, with Suzhou Victory Precision Manufacture and Foshan NationStar Optoelectronics also reaching the ceiling. Flu concept stocks rose, with Shandong Lukang Pharmaceutical and Shandong Xinhua Pharmaceutical hitting the ceiling, as Peking CDC reported that flu virus infections are expected to peak in early January. The CSI Consumer 360 index collectively adjusted, with sectors such as retail, tourism, and the ice and snow industry leading the decline, with Wushang Group, Yinchuan Xinhua Commercial, and Dalian Sunasia Tourism Holding hitting the ceiling. Copper cable high-speed connection concept stocks fluctuated downwards, with Baosheng Science And Technology Innovation and Nanjing Huamai Technology reaching the ceiling.

Gold and Industrial Metals stocks rose broadly, with North Copper hitting the ceiling.

North Copper and Yongmao both hit the ceiling, while Beijing Xiaocheng Technology Stock, Yunnan Aluminium, and Henan Shenhuo Coal & Power all increased by over 5%. Stocks like SiChuan Gold, CMOC Group Limited, Shanxi Coal International Energy Group, and Zijin Mining Group saw the largest increases. On the news front, spot Gold rose by about 1.3% on the first trading day of 2025, briefly exceeding 2,660 USD.

Coal stocks strengthened with Anyuan Coal Industry Group experiencing a 'limit-up'.

Anyuan Coal Industry Group achieved a 'limit-up' for 6 consecutive days with Baotailong New Materials hitting the limit as well. Sundiro Holding, Inner Mongolia Dian Tou Energy Corporation, Shanxi Coal International Energy Group, and others saw significant gains. Guosen published a Research Report stating that in the current environment of low interest rates and weakened cyclical properties of the coal sector, the dividend characteristics of the coal sector are becoming more prominent and still possess high allocation value.

Influenza concept stocks rose with Shandong Lukang Pharmaceutical hitting the limit.

Shandong Lukang Pharmaceutical, Luoxin Pharmaceuticals Group Stock, Shandong Xinhua Pharmaceutical, Harbin Pharmaceutical Group, and Hubei Guangji Pharmaceutical all hit the limit, with Beijing Hotgen Biotech Co.,Ltd, Xiangxue Pharmaceutical, and Hainan Huluwa Pharmaceutical Group following suit. In terms of news, the Peking Center for Disease Control and Prevention provided an explanation about the recent infectious disease situation, emphasizing that infections from respiratory infectious diseases are showing an increasing trend, with influenza virus infections expected to peak in early January 2025. Furthermore, according to the latest data from the CDC in the USA, 66 people across the nation have been confirmed infected with the bird flu virus. The CDC is closely monitoring dangerous signals related to the bird flu.

The consumer sector is adjusting, with retail, tourism, and the ice and snow industry leading the declines.

Baida Group Co.,Ltd, Maoye Commercial, Dalian Friendship, Wushang Group, Yinchuan Xinhua Commercial, Dalian Sunasia Tourism Holding, Changbai Mountain Tourism, etc. fell to the limit, while Jiajiayue Group, Lander Sports Development, Xi'an Catering, etc. dropped by approximately 9%.