Group 1 - The report indicates that the A-share market continues to show a slight decline under the influence of international geopolitical risks, with the Shanghai Composite Index reaching a low near 3350, but the overall pullback remains limited, suggesting some support [2] - The report highlights that the U.S. stock market exhibits similar characteristics, showing a slight decline due to multiple resistance factors, including geopolitical impacts and proximity to previous highs [2] - The report notes that as geopolitical tensions ease, there is potential for short-term upward momentum in both domestic and overseas equity markets, with previous recommendations for low-entry opportunities in the domestic equity market starting to yield results [2] Group 2 - The report emphasizes that the "Evergreen Low Volatility Fund Strategy" has shown strong stability, with a return of -1.042% this week, outperforming the benchmark index [6][13] - The "Stock Enhancement Fund Strategy" recorded a return of -1.235%, indicating that the current market remains volatile, and the strategy's performance may improve as the market environment stabilizes [7][13] - The "Cash Growth Fund Strategy" achieved a return of 0.031%, outperforming the benchmark, and has accumulated excess returns since its inception [7][13] Group 3 - The report discusses the "Overseas Equity Allocation Fund Strategy," which recorded a return of -1.477% this week, reflecting the impact of previous concerns in the U.S. stock market, but notes potential for recovery as geopolitical tensions ease [8][13] - The report suggests that the current market environment presents opportunities for overseas investments, particularly in the context of easing tariff risks and improving economic data [5][8] - The report indicates that the overseas equity allocation strategy has accumulated significant excess returns since its inception, benefiting from the global technology sector's growth [21]

Group 1 - The core viewpoint of the report emphasizes the effectiveness of grid trading strategies in volatile markets, allowing investors to profit from price fluctuations without predicting market trends [3][13] - The report identifies suitable characteristics for grid trading targets, including low trading costs, good liquidity, and significant volatility, suggesting that equity ETFs are appropriate for this strategy [3][13] Group 2 - The report highlights specific ETFs for grid trading, starting with the ChiNext Artificial Intelligence ETF (159363.SZ), which is expected to benefit from government policies promoting AI technology [5][14] - The report discusses the China Concept Internet ETF (159605.SZ), which tracks 30 leading Chinese internet companies and is positioned to capitalize on the shift from "anti-monopoly" to "anti-involution" regulatory policies [6][18] - The report mentions the Hang Seng Technology ETF (513010.SH), which covers 30 leading technology companies in China and is expected to benefit from favorable policies for tech companies in Hong Kong [7][20] - The report also addresses the Hong Kong Consumer ETF (159735.SZ), which is anticipated to gain from the government's focus on boosting consumer spending and the recovery of traditional and new consumption [8][22]

New Stock Offerings - Jichuan Pharmaceutical (600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - ST Yazhen (603389) has a tender offer period from June 10, 2025, to July 9, 2025[1] Delisting Information - ST Zhongcheng (300208) and ST Jinguang (600190) will enter the delisting arrangement period starting June 30, 2025[1] - ST Hengli (000622) will enter the delisting arrangement period starting June 25, 2025[1] Trading Days Remaining - Delisting Jiuyou (600462) has 14 trading days remaining until the last trading day[1] - Delisting Gongzhi (000584) has 12 trading days remaining until the last trading day[1] - Delisting Haiyue (600387) has 8 trading days remaining until the last trading day[1] - Delisting Renle (002336) has 7 trading days remaining until the last trading day[1] - Delisting Longyu (603003) and Delisting Pengbo (600804) each have 4 trading days remaining until the last trading day[1] - Delisting Longjin (002750) has 2 trading days remaining until the last trading day[1] Abnormal Fluctuations - Jiekang Equipment (300875) reported severe abnormal fluctuations[1] - ST Sailong (002898) is noted for abnormal fluctuations[3]

New Stock Offerings - Jichuan Pharmaceutical (600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - ST Yazhen (603389) has a tender offer period from June 10, 2025, to July 9, 2025[1] Delisting and Trading Reminders - ST Zhongcheng (300208) and ST Jinguang (600190) will enter the delisting arrangement period starting June 30, 2025[1] - ST Hengli (000622) will enter the delisting arrangement period starting June 25, 2025[1] - ST Jiuyou (600462) will enter the delisting arrangement period starting June 24, 2025[1] Trading Days Remaining - Gongzhi Tui (000584) has 13 trading days remaining until the last trading day[1] - Tuihai Haoyue (600387) has 9 trading days remaining until the last trading day[1] - Renle Tui (002336) has 8 trading days remaining until the last trading day[1] - Tui Longyu (603003) and Tui Pengbo (600804) each have 5 trading days remaining until the last trading day[1] - Longjin Tui (002750) has 3 trading days remaining until the last trading day[1]

New Stock Issuance - New stock issuance includes Xintong Electronics (Code: 001388) at an issue price of 16.42[1] - Xinhenghui (Code: 301678) issued at 12.80[1] - Huazhi Jie (Code: 603400) issued at 19.88[1] Rights Offerings - Jichuan Pharmaceutical (Code: 600566) has a tender offer period from June 18 to July 17, 2025[1] - *ST Yazhen (Code: 603389) has a tender offer period from June 10 to July 9, 2025[1] - *ST Hengli (Code: 000622) will enter the delisting arrangement period starting June 25, 2025[1] Delisting Notices - *ST Jiuyou (Code: 600462) will enter the delisting arrangement period starting June 24, 2025[1] - Gongzhi Tui (Code: 000584) has 14 trading days remaining until the last trading day[1] - Tui Shi Haiyue (Code: 600387) has 10 trading days remaining until the last trading day[1] Abnormal Fluctuations - Tongyuan Petroleum (Code: 300164) reported severe abnormal fluctuations[1] - New stock listings and rights offerings are expected to impact market dynamics significantly[1]

New Stock Offerings - Jichuan Pharmaceutical (600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - ST Yazhen (603389) has a tender offer period from June 10, 2025, to July 9, 2025[1] Delisting and Trading Reminders - ST Gongzhi (000584) will enter the delisting arrangement period starting June 20, 2025[1] - ST Hengli (000622) will enter the delisting arrangement period starting June 25, 2025[1] - ST Jiuyou (600462) will enter the delisting arrangement period starting June 24, 2025[1] - Haiyue (600387) has 11 trading days remaining until the last trading day[1] - Renle (002336) has 10 trading days remaining until the last trading day[1] - Longyu (603003) has 7 trading days remaining until the last trading day[1] - Pengbo (600804) has 7 trading days remaining until the last trading day[1] - Longjin (002750) has 5 trading days remaining until the last trading day[1] Abnormal Fluctuations - Lianhua Technology (002250) reported severe abnormal fluctuations[1] - ST Sairong (002898) is under observation for abnormal fluctuations[2]

Group 1 - The core viewpoint of the report emphasizes the effectiveness of grid trading strategies in volatile markets, allowing investors to profit from price fluctuations without predicting market trends [3][11] - The report identifies suitable characteristics for grid trading targets, including low trading costs, good liquidity, and significant volatility, suggesting that equity ETFs are particularly appropriate for this strategy [3][11] Group 2 - The report highlights specific ETFs for grid trading, starting with the Medical ETF (512170.SH), which benefits from increasing demand due to global aging and supportive regulatory changes aimed at accelerating drug approval processes [3][12] - The report discusses the Zhongzheng 1000 ETF (512100.SH), which diversifies risks associated with individual stocks and sectors, featuring small-cap growth companies that align with national policies on new productivity [4][13] - The report mentions the China Concept Internet ETF (159605.SZ), which focuses on leading Chinese internet companies and is positioned to benefit from the commercialization of generative AI across various sectors [4][17] - The report also covers the Hang Seng Technology ETF (513010.SH), which includes major technology firms and is expected to benefit from favorable government policies promoting technological innovation [4][19]

| 新股发行及今日交易提示 | 2025/6/18 | 星期三 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 2025/6/18 | 内地市场权益提示 | 类别 | 证券代码 | 证券简称 | 权益日期 | 最新公告链接 | | | https://www.cninfo.com.cn/new/disclosure/detail?stockCode=600566&announcementId=122388 | 600566 | 济川药业 | 要约申报期：2025年6月18日至2025年7月17日 | 7019&orgId=gssh0600566&announcementTime=2025 | -06-17 | 要约收购 | | | https://www.cninfo.com.cn/new/disclosure/detail?stockCode=603389&announcementId=122388 | 603389 | *ST亚振 | 要约申报期：2025年6月10日至2025年7月9日 | 9133&orgId=990002 ...

| 新股发行及今日交易提示 | 2025/6/17 | 星期二 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025/6/17 | 新股发行 | 证券代码 | 证券简称 | 发行价格 | | | | | | 920037 | 广信科技 | 10.00 | 2025/6/17 | 内地市场权益提示 | | | | | | 类别 | 证券代码 | 证券简称 | 权益日期 | 最新公告链接 | https://www.cninfo.com.cn/new/disclosure/detail?stockCode=600566&announcementId=122388 | 600566 | 济川药业 | 要约申报期：2025年6月18日至2025年7月17日 | | 7019&orgId=gssh0600566&announcementTime=2025 | -06-17 | 要约收购 | https://www.cninfo.com.cn/new/disclosure/detail?stockCode=603389&a ...

Group 1: New Stock Offerings - Jichuan Pharmaceutical (600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - *ST Yazhen (603389) has a tender offer period from June 10, 2025, to July 9, 2025[1] Group 2: Delisting Information - *ST Gongzhi (000584) will enter the delisting arrangement period starting June 20, 2025[1] - Delisting Haiyue (600387) has 14 trading days remaining until the last trading day[1] - Renle Tui (002336) has 13 trading days remaining until the last trading day[1] - Delisting Longyu (603003) has 10 trading days remaining until the last trading day[1] - Delisting Pengbo (600804) has 10 trading days remaining until the last trading day[1] - Longjin Tui (002750) has 8 trading days remaining until the last trading day[1] Group 3: Abnormal Fluctuations - Lianhua Technology (002250) reported severe abnormal fluctuations[1] - ST Kailin (002425) reported abnormal fluctuations[1] - ST Xianfeng (002141) reported abnormal fluctuations[1] - ST Shihuan (000518) reported abnormal fluctuations[1]