Affected by peripheral market adjustments, A-shares experienced a contraction adjustment on July 16, and the three major stock indexes collectively declined. Looking at the industry sector, strong sectors such as electronics and communications had the highest declines during the year, while sectors with weak performance during the year, such as media, agriculture, forestry, animal husbandry and fishing, and beauty care, bucked the trend and showed active performance. According to industry insiders, short-term A-share market fluctuations have increased, and the market style is undergoing phased rebalancing, but the point of switching from growth style to value style is not yet reached, and the growth style is expected to redominate after fluctuations. As far as future market allocation is concerned, sectors such as domestic storage, computing power, and semiconductor equipment are short-term or superior to overseas computing power sectors. Sectors such as non-ferrous metals, power equipment, new energy, and innovative pharmaceuticals are also worth paying attention to.

Affected by peripheral market adjustments, A-shares experienced a contraction adjustment on July 16, and the three major stock indexes collectively declined. Looking at the industry sector, strong sectors such as electronics and communications had the highest declines during the year, while sectors with weak performance during the year, such as media, agriculture, forestry, animal husbandry and fishing, and beauty care, bucked the trend and showed active performance. According to industry insiders, short-term A-share market fluctuations have increased, and the market style is undergoing phased rebalancing, but the point of switching from growth style to value style is not yet reached, and the growth style is expected to redominate after fluctuations. As far as future market allocation is concerned, sectors such as domestic storage, computing power, and semiconductor equipment are short-term or superior to overseas computing power sectors. Sectors such as non-ferrous metals, power equipment, new energy, and innovative pharmaceuticals are also worth paying attention to.