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Policy support: Considering the positive tone of the Political Bureau of the Communist Party of China (CPC) Central Committee Conference on economic work in 2025, it is expected that the policy support will continue to provide support for the market. In particular, the emphasis on the integration of scientific and technological innovation and industrial innovation may have a positive impact on the scientific and technological sector.On December 10, 2024, the A-share market opened sharply higher under the stimulation of multiple favorable factors. The three major indices collectively opened higher, with the Shanghai Composite Index opening 2.58%, the Shenzhen Component Index opening 3.66% and the Growth Enterprise Market Index opening 4.88%. However, the market did not continue this strong momentum, but there was a phenomenon of high opening and low going. At the close, the Shanghai Composite Index rose 0.59%, the Shenzhen Component Index rose 0.75% and the Growth Enterprise Market Index rose 0.69%. This trend deviates from the market expectation of "opening higher and going higher", which shows that the market has gradually returned to rationality after experiencing initial excitement.

Market sentiment: Although there is a phenomenon of high opening and low going today, market sentiment is expected to gradually pick up, and investors' confidence in the market outlook will gradually increase.Market sentiment: Although there is a phenomenon of high opening and low going today, market sentiment is expected to gradually pick up, and investors' confidence in the market outlook will gradually increase.Second, the analysis of the reasons for high opening and low walking

Cautious attitude of funds: Although the market opened higher, the turnover of the whole day was 2.2 trillion yuan, which was 565.7 billion yuan more than that of the previous trading day, showing the cautious attitude of funds at a high level, and some funds chose to take profits.Rapid release of market sentiment: After the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting released a positive signal, the market's expectations for policies have been fully reflected in the high opening of the market. With the rapid release of positive sentiment after the opening, the market lacked further impetus, which led to the decline of the index.Sector differentiation: Although about 2,900 stocks in the whole market rose, the performance differentiation of the sectors was obvious, with humanoid robots and other sectors leading the gains, while cultivating diamonds and other sectors leading the declines. This differentiation led to the lack of unified upward momentum in the market.