流动性断层领先，航空航天ETF（159227）回调迎布局机会，中航沈飞上涨

Group 1 - The A-share market experienced a slight rebound on July 15, with the communication industry performing strongly while the defense and military sector saw a pullback, indicating a trend of buying on dips [1] - The Aerospace ETF (159227) has recorded a net inflow of funds for 13 consecutive days, totaling 312 million yuan, reflecting significant growth in scale [1] - The military industry is heavily influenced by five-year plans, which are key drivers for market expectations and industry operations, with the upcoming "14th Five-Year Plan" expected to clarify development guidance for the next three to five years [1] Group 2 - The Aerospace ETF (159227) closely tracks the National Securities Aerospace Index, focusing on core areas of military and aerospace, with a high concentration of 98.2% in the first-level military industry [2] - The index's component stocks have a weight of 66.5% in aerospace equipment, significantly surpassing other military and defense indices, making it the largest product tracking the National Securities Aerospace Index [2]