收评：沪指冲高回落涨0.32% 银行股再度走强

Market Overview - The market experienced fluctuations with major financial stocks rising, leading to a peak in the Shanghai Composite Index, which reached 3472.32 points, up 0.32% at close, with a trading volume of 567.2 billion [1] - The Shenzhen Component Index closed at 10508.76 points, down 0.25%, with a trading volume of 861.3 billion, while the ChiNext Index ended at 2156.23 points, down 0.36%, with a trading volume of 420.5 billion [1] Sector Performance - The banking sector saw significant gains, with stocks like Shanghai Pudong Development Bank hitting historical highs [2] - Stablecoin concept stocks rebounded, with companies like Jingbeifang reaching the daily limit [2] - Power stocks remained active, with Huayin Power also hitting the daily limit [2] - In contrast, solid-state battery stocks faced corrections, with Xinyu Ren dropping over 10% [2] Institutional Insights - Jifeng Investment noted that the market is in a structural phase, with resistance above and support below, suggesting a potential breakthrough of 3500 points if certain economic conditions are met [4] - Jirong Asset highlighted the recent market uptrend as indicative of a mid-term bull market, emphasizing the importance of mid-cap and growth sectors [4] - CITIC Securities projected a continued downtrend in the coal industry, with expectations of a bottoming out in coal prices and potential for excess returns from leading and undervalued companies [4] Foreign Investment Trends - Morgan Stanley reported a net inflow of $1.2 billion from foreign long funds into Chinese stocks in June, ending a two-month outflow streak [8] - Passive funds saw a net inflow of $2.7 billion, nearly double that of May, while active funds continued to experience outflows totaling $1.6 billion [8] - The most increased allocations in the second quarter were in Alibaba and Trip.com, while Meituan and Haier Smart Home saw the largest reductions [8]