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Ping An Securities judges that the growth style of A-share market will be more flexible in 2025, and structural investment opportunities will increase.The big financial sector, led by brokers, pulled up before noon yesterday, boosting the index further. At the close, Guosheng Financial Holdings and Guolian Securities had daily limit, while Harbin Investment and Southwest Securities rose more than 5%.Ctrip data shows that since the end of November, the sales of ice and snow travel products have started. In the past week, the search volume of "skiing" on the platform increased by 50% month-on-month, and the search popularity of ice and snow related products continued to rise in December.

On December 12th, the A-share market fluctuated all day, and the GEM index was relatively strong. At the close, the Shanghai Composite Index reported 3461.50 points, up 0.85%; Shenzhen Component Index reported 10,957.13 points, up 1.00%; Growth enterprise market index reported 2292.15 points, up 1.35%. The turnover of the Shanghai and Shenzhen stock markets on that day was 1,866.9 billion yuan, 90.5 billion yuan more than the previous trading day.Ice and snow economy concept stocks have been active recently and strengthened again yesterday. At the close, Jingxue Energy Saving had a daily limit of 20%, Dalian Shengya, Yingpaisi and Iceberg had daily limit, and Changbai Mountain and Sanfu Outdoor rose by over 5%.The big financial sector, led by brokers, pulled up before noon yesterday, boosting the index further. At the close, Guosheng Financial Holdings and Guolian Securities had daily limit, while Harbin Investment and Southwest Securities rose more than 5%.

Yesterday, the big consumption sector "blossomed more", with retail, ice and snow tourism, food and beverage leading the way. At the close, among the retail stocks, more than 20 shares including Three Squirrels, Maoye Commercial, Zhongbai Group, Hangzhou Jiebai, Yimin Group, Cuiwei and Guangbai have daily limit.Ice and snow economy concept stocks have been active recently and strengthened again yesterday. At the close, Jingxue Energy Saving had a daily limit of 20%, Dalian Shengya, Yingpaisi and Iceberg had daily limit, and Changbai Mountain and Sanfu Outdoor rose by over 5%.The big financial sector, led by brokers, pulled up before noon yesterday, boosting the index further. At the close, Guosheng Financial Holdings and Guolian Securities had daily limit, while Harbin Investment and Southwest Securities rose more than 5%.