A research report by Everbright Securities suggests that, as things stand, the rally in late December 2025 may mark the beginning of this spring’s market rally. Investors should likely remain patient regarding index performance in January. Consumer and growth sectors are expected to be the two main themes of this spring’s market rally. For sector allocation in January, focus on electronics, power equipment, non-ferrous metals, and automobiles. If the market style is growth-oriented, the top-scoring sectors in the Five-Dimensional Industry Comparison Framework are electronics, power equipment, telecommunications, non-ferrous metals, automotive, and defense and military industries; if the market style in January is defensive, the top-scoring sectors in the Five-Dimensional Industry Comparison Framework are non-bank financials, electronics, non-ferrous metals, power equipment, automotive, and transportation.