20cm速递｜科创板100ETF（588120）涨超1.7%，科技成长风格或延续优势

Group 1 - The core viewpoint of the article highlights that the current economic environment is experiencing a stable recovery, with market risk preferences driving market dynamics and liquidity remaining a key characteristic of the stock market [1] - The July Politburo meeting emphasized the continuity and stability of policies, indicating that macro liquidity will continue to be accommodative [1] - Active funds, primarily from financing, private equity, and industry/theme ETFs, are expected to dominate incremental capital, with technology and small-cap styles likely to outperform due to their relatively low positions in a high economic climate [1] Group 2 - In July, the market focused on themes of anti-involution and price increases, with cyclical sectors such as steel, building materials, and new energy, along with innovative pharmaceuticals, communications, and electronics in the technology sector leading the gains [1] - The Sci-Tech Innovation Board 100 ETF (588120) tracks the Sci-Tech 100 Index (000698), which can fluctuate by up to 20% in a single day, reflecting the overall performance of mid-cap securities in the Sci-Tech Innovation Board [1] - The Sci-Tech 100 Index includes 100 securities selected from the Sci-Tech Innovation Board, covering emerging industries such as information technology and healthcare, showcasing significant technological innovation attributes [1]