双创板块改革深化，半导体板块持续走强！泰康半导体量化选股股票发起式A(020476)成立以来年化回报超42%

Group 1 - The semiconductor industry chain is experiencing a continuous upward trend, with companies like Blue Ying Equipment, Kaimete Gas, and Zhongci Electronics hitting the daily limit, while Cambrian Technology rose over 3% [1] - The 2025 Listed Companies Forum held in Wenzhou highlighted the commitment of Shanghai, Shenzhen, and Beijing stock exchanges to support technological innovation and new productivity development through various reform measures [1] - The TaiKang Semiconductor Quantitative Stock Fund (020476) has achieved a return of 49.36% since its establishment in May 2024, with a nearly one-year return of 45.94% and an annualized return of 42.19% [1] Group 2 - CITIC Securities suggests that the current market valuation may not support a purely liquidity-driven rally, but unexpected interest rate cuts by the Federal Reserve and the People's Bank of China could catalyze market sentiment [2] - Structural opportunities are expected to dominate discussions during the mid-year reporting season, with a focus on technology and finance sectors as active funds shift away from pharmaceuticals and consumer stocks [2] - Guotai Junan Securities anticipates that the stock market will have upward potential before the end of July, emphasizing the need for solidifying gains and focusing on structural performance rather than index movements [2]