Sou Hu Cai Jing·2025-07-29 03:41Core Viewpoint - The market shows a strong sentiment with significant sector rotation, indicating potential investment opportunities in undervalued sectors like photovoltaics and technology [1][2]. Group 1: Market Performance - As of July 29, 2025, the CSI A500 Index (000510) increased by 0.14%, with notable gains in stocks such as Tianfu Communication (300394) up 12.77% and Tiger Medical (300347) up 11.05% [1]. - The A500 ETF fund (512050) rose by 0.10%, with the latest price at 1.02 yuan [1]. Group 2: Sector Analysis - Short-term analysis suggests a significant rotation effect in the market, with a focus on undervalued sectors like photovoltaics for potential valuation recovery [1]. - Long-term, the technology sector is expected to provide narrative effects, with recommendations for a barbell strategy that includes increasing allocations to technology and communication sectors while maintaining dividend stock allocations [1]. Group 3: Index Composition - As of June 30, 2025, the top ten weighted stocks in the CSI A500 Index include Kweichow Moutai (600519), Contemporary Amperex Technology (300750), and Ping An Insurance (601318), collectively accounting for 20.67% of the index [2]. - The top ten stocks by weight are as follows: - Kweichow Moutai: 0.09% increase, 3.81% weight - Contemporary Amperex Technology: 1.58% increase, 2.88% weight - Ping An Insurance: 0.73% decrease, 2.58% weight - China Merchants Bank: 0.20% decrease, 2.46% weight - Industrial Bank: 0.61% decrease, 1.68% weight - Yangtze Power: 0.07% increase, 1.59% weight - Midea Group: 0.76% decrease, 1.53% weight - Zijin Mining: 1.06% decrease, 1.39% weight - BYD: 0.79% increase, 1.30% weight - Eastmoney Information: 0.62% decrease, 1.26% weight [4].