On July 27, the three major indices rose collectively. The index rose more than 3%, and the Shanghai index rose 1.15%. In this context, the low-dividend ETF Huatai Berry rose 0.43% to 1.167 yuan, with a turnover rate of 2.24% and a turnover of 778 million yuan, ranking first among similar target ETFs. In terms of news, the monthly funding aspect has become the focus of market attention. The People's Bank of China previously announced that in order to better match the short-term liquidity needs of the banking system, it will carry out overnight reverse repurchase operations from July 29 to July 31 and August 3, using fixed interest rates and volume bidding methods. Of these, 600 billion yuan was launched daily from July 29 to 31, and 300 billion yuan was launched on August 3, for a total scale of 2.1 trillion yuan. Looking ahead to the market, Huatai Securities pointed out that the public offering report shows that AI market transactions and position congestion are at a high level, and demand is rising again, but it has not yet reached an extreme level as measured by the allocation coefficient, and the current industrial cycle level is higher, the coverage is wider, and the capacity is larger. Operationally, we recommend controlling positions and choosing a direction after waiting for the “Super Week”. The technology side focuses on domestic chains/semiconductor equipment, PCBs, optical modules, etc., taking into account rebalancing opportunities for innovative drugs, resource products, offshore chains, securities, etc., and continues to hold dividends. Everbright Securities believes that overall, under a pattern of active policy stabilization and structural pressure coexist, the short-term market is likely to remain volatile. In terms of allocation, stability is the main focus in the short term, and the medium- to long-term focus is on the three main lines of prosperity represented by hard technology. During the period of market turbulence and consolidation, dividend assets, such as banks, utilities, etc., can be appropriately allocated. Investors can use the low-dividend ETF Huatai Berry as a base position, and investors without a stock account can also allocate it through its OTC linked fund.

On July 27, the three major indices rose collectively. The index rose more than 3%, and the Shanghai index rose 1.15%. In this context, the low-dividend ETF Huatai Berry rose 0.43% to 1.167 yuan, with a turnover rate of 2.24% and a turnover of 778 million yuan, ranking first among similar target ETFs. In terms of news, the monthly funding aspect has become the focus of market attention. The People's Bank of China previously announced that in order to better match the short-term liquidity needs of the banking system, it will carry out overnight reverse repurchase operations from July 29 to July 31 and August 3, using fixed interest rates and volume bidding methods. Of these, 600 billion yuan was launched daily from July 29 to 31, and 300 billion yuan was launched on August 3, for a total scale of 2.1 trillion yuan. Looking ahead to the market, Huatai Securities pointed out that the public offering report shows that AI market transactions and position congestion are at a high level, and demand is rising again, but it has not yet reached an extreme level as measured by the allocation coefficient, and the current industrial cycle level is higher, the coverage is wider, and the capacity is larger. Operationally, we recommend controlling positions and choosing a direction after waiting for the “Super Week”. The technology side focuses on domestic chains/semiconductor equipment, PCBs, optical modules, etc., taking into account rebalancing opportunities for innovative drugs, resource products, offshore chains, securities, etc., and continues to hold dividends. Everbright Securities believes that overall, under a pattern of active policy stabilization and structural pressure coexist, the short-term market is likely to remain volatile. In terms of allocation, stability is the main focus in the short term, and the medium- to long-term focus is on the three main lines of prosperity represented by hard technology. During the period of market turbulence and consolidation, dividend assets, such as banks, utilities, etc., can be appropriately allocated. Investors can use the low-dividend ETF Huatai Berry as a base position, and investors without a stock account can also allocate it through its OTC linked fund.