In December, while the Shanghai and Shenzhen markets maintained volatility, their performance was divergent. Looking ahead to the A-share market performance in January 2025, industry insiders believe that the volatile trend may continue. Zhongtai's chief strategy Analyst Xu Chi believes that the main reasons for the expected continuation of market volatility in January 2025 include a decrease in market expectations for policies and the Calendar effect of the A-share market (January is a traditional economic and policy window period, and historically, the winning rate and odds of the CSI 300 Index in comparison to December have shown a significant decline). However, Xu Chi also stated that the current policy tone remains relatively accommodative, and further easing of monetary policy can be anticipated. Ping An Securities' chief strategy Analyst Wei Wei similarly believes that in the short term, under the external variable verification period and the domestic economic data and performance vacuum period, the market will continue to exhibit a volatile pattern. However, from a medium to long-term perspective, the downward trend in interest rates will highlight the value of equity allocation, and the upward direction of the market will remain unchanged.