On December 25, the three major A-share indices continued their upward trend, and the Shanghai Index recorded seven consecutive hits. Sectors such as commercial aerospace, large aircraft, and satellite navigation have set off a wave of ups and downs. From a global perspective, emerging market assets performed well in 2025, and the MSCI Emerging Markets Index has accumulated a cumulative increase of nearly 30% since this year. Many international investment banks believe that in a macroeconomic environment where the Federal Reserve cuts interest rates and the US dollar weakens, emerging markets represented by China have ushered in an allocation window.

On December 25, the three major A-share indices continued their upward trend, and the Shanghai Index recorded seven consecutive hits. Sectors such as commercial aerospace, large aircraft, and satellite navigation have set off a wave of ups and downs. From a global perspective, emerging market assets performed well in 2025, and the MSCI Emerging Markets Index has accumulated a cumulative increase of nearly 30% since this year. Many international investment banks believe that in a macroeconomic environment where the Federal Reserve cuts interest rates and the US dollar weakens, emerging markets represented by China have ushered in an allocation window.