智通财经网·2025-06-26 02:00Market Overview - As of June 26, A-shares showed a slight decline with the Shanghai Composite Index down 0.23%, Shenzhen Component down 0.08%, and ChiNext down 0.17% [1] - The People's Bank of China conducted a 300 billion MLF operation, resulting in a net injection of 118 billion, marking the fourth consecutive month of increased operations, which boosted market confidence [1] Financial Sector - The financial sector continued its upward trend, with Guosheng Financial achieving three consecutive trading limits, and other firms like Ruida Futures and Hongye Futures hitting their daily limits [3] - Market sentiment is influenced by the overall recovery of A-shares and policy expectations, leading to a shift in capital preference towards high-elasticity small-cap stocks [3] - Analysts recommend focusing on solid fundamentals and unique stocks while avoiding high-risk chasing and closely monitoring volume changes and market sentiment [3] Military Industry - The military sector remained active, with Beifang Navigation achieving two consecutive trading limits, and companies like Guorui Technology and Wanlima leading the gains [5] - Research indicates a significant increase in global military trade demand, suggesting a period of rapid growth for Chinese military trade and improvement in the profitability and quality of related enterprises [5] Institutional Insights - China Galaxy Securities forecasts a stable and positive trend for A-shares in the second half of the year, supported by the expansion of equity public funds and the entry of medium to long-term capital [7] - Longcheng Securities highlights the importance of focusing on stocks with better-than-expected performance as new policies are anticipated to be implemented in key areas [8] - Dongfang Securities notes that while the market is strengthening, individual stock differentiation remains, and short-term indices may face fluctuations [9] - Citigroup predicts that the Shanghai Composite Index may break through the 3500-point mark due to favorable policies and increased investor confidence [10]