2 1 Shi Ji Jing Ji Bao Dao·2025-07-29 03:11Group 1 - The military industry sector remains active, with the Aerospace ETF Tianhong (159241) reaching a new high since its listing, showing a 0.59% increase and a turnover rate of nearly 5% [1] - The Aerospace ETF Tianhong (159241) has seen a net inflow of over 4.7 million yuan, with a total circulation scale of 415 million yuan and a share growth rate of 84.61% year-to-date, ranking first among similar products [1] - The Aerospace ETF closely tracks the Guozheng Aerospace Index, which has over 98% weight in the defense and military industry, making it the highest military content index in the market [1] Group 2 - Several brokerages have analyzed Q2 public fund holdings, indicating that institutions have begun to increase their allocation to the military sector, suggesting a potential turning point for the industry [2] - According to Minsheng Securities, after ten consecutive quarters of reducing military allocations, institutions started to increase their allocation in Q2 2025, indicating a recovery in industry demand [2] - Dongfang Securities noted a significant increase in the overweighting of military stocks by active funds in Q2 2025, with expectations for further expansion due to market perceptions and performance elasticity [2]