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Ⅲ) Individual stock analysis..... In terms of individual stocks, the number of rising stocks is less than 1,000, but the number of daily limit stocks reaches 100. The concept of starting economy strengthened against the trend, and Aoya shares and other stocks went up daily. AI applications surged back, among which the concept of Tik Tok bean bag was strong, and the daily limit of three-dimensional communication was high. In terms of decline, the real estate sector was in a downturn all day, with gemdale and other stocks falling more than 6%.In terms of industry funds, as of the close, the net inflow of cultural media, games, railways and highways ranked high, of which the net inflow of cultural media was 3.423 billion.

..... In terms of individual stocks, the number of rising stocks is less than 1,000, but the number of daily limit stocks reaches 100. The concept of starting economy strengthened against the trend, and Aoya shares and other stocks went up daily. AI applications surged back, among which the concept of Tik Tok bean bag was strong, and the daily limit of three-dimensional communication was high. In terms of decline, the real estate sector was in a downturn all day, with gemdale and other stocks falling more than 6%.According to CICC, in combination with the statement of the Economic Work Conference, the impact on A shares is positive, and the "year-end and year-end market" will continue despite twists and turns. China's economic growth and the pace of policy introduction have always been the core factors affecting the sentiment of A-share market. With the interest rate cuts by overseas Federal Reserve and domestic policies, investors' risk appetite in 2025 is expected to be better than that in 2024, and structural opportunities are expected to increase further. The follow-up period will still be the window period for the policy to land, which will help boost investor confidence...... This week's operation is over again. It's always the last gorgeous one. Let's play like this, right? Let's not have a black four, just have a black five. Yesterday's surge, today's fall, the situation began to change color, master overreached, can not tolerate any negligence. I don't know if you have noticed, but if you are careful, you can look at this chart of K. Basically, it is adjusted once every two days, that is, three days at most, but it is basically once every two days. As a short-term guest, you must not continue to fight.

Ⅲ) Individual stock analysisIgnite the heat of consumption and promote industrial innovation and upgrading ... As a new economic form, the "first-round economy" has recently become the focus of hot discussion in the market. This central economic work conference is even more clear. Next year, we will focus on expanding the scope and implementing the "two new" policies, innovating diversified consumption scenarios, expanding service consumption, and promoting the development of cultural tourism. Actively develop the starting economy, the ice and snow economy and the silver-haired economy.