Chosen as the flagship for Task Group 58.2 (TG 58.2) on 11 December, she struck at the airfields of Luzon and Formosa during the first nine days of January 1945, encountering little enemy opposition. The task force then entered the South China Sea to strike enemy shipping and air installations. Strikes were flown against Saipan, Camranh Bay in then Indochina, Hong Kong, the Pescadores, and Formosa. Task force planes sank four merchant ships and four escorts in one convoy and destroyed at least 12 in another, at Camranh Bay on 12 January. Leaving the China Sea on 20 January, "Lexington" sailed north to strike Formosa again on 21 January and Okinawa again on 22 January.