你不会真以为牛市结束了吧？

Market Overview - The A-share market experienced a notable correction during the trading week from July 28 to August 1, ending a five-week upward trend, with the adjustment being one of the most significant since late June [1] - The Shanghai Composite Index fluctuated between a high of 3636.17 points and a low of 3550.04 points, raising concerns among investors about the potential end of the bull market [3] Index Performance - The average stock price across the A-share market saw a slight decline of 0.04% for the week, indicating that individual stock sentiment was not overly pessimistic, with signs of recovery observed on Friday [3] - Major indices showed varied performance, with the Wande Micro-cap Index increasing by 1.10% and the CSI 2000 Index remaining nearly flat at -0.01% for the week [5] Sector Analysis - The pharmaceutical sector, particularly innovative drugs, continued to perform strongly, while the financial sector and cyclical stocks showed signs of retreat [7] - Specific sectors such as traditional Chinese medicine and chemical pharmaceuticals reported significant gains, with increases of 5.99% and 5.78% respectively, while sectors like coal mining and precious metals faced declines [8] Institutional Insights - Analysts from Xiangcai Securities noted that the A-share indices faced downward pressure primarily due to resistance at the 3600-point level and profit-taking after recent gains [10] - Pacific Securities maintained an optimistic outlook on the market's long-term upward trend, suggesting that the current downward movement does not indicate a break in the overall bullish sentiment [11] Policy and Economic Indicators - The central bank is expected to continue implementing a moderately loose monetary policy, focusing on supporting financing for technology-oriented small and medium enterprises [14] - Upcoming economic data releases, including July's CPI and PPI, are anticipated to provide further insights into market conditions [16] Upcoming Events - The 2025 World Robot Conference is scheduled to take place from August 8 to 12, which may attract attention in the technology sector [17] - DJI is set to launch its first robotic vacuum cleaner, expanding its product line into the home cleaning market [18]