超300家A股公司披露半年报彰显A股韧性，A500ETF基金（512050）昨日成交额突破52亿元，位居同类第一

Group 1 - The Shanghai Composite Index broke through 3700 points for the first time since December 2021, reaching a new high, although it closed down 0.46% on the day [1] - Over 300 A-share companies have disclosed their semi-annual reports, with nearly 200 companies reporting year-on-year growth in net profit attributable to shareholders, and over 30 companies turning losses into profits [1] - Industries such as automotive, electrical equipment, and non-ferrous metals showed strong performance in the first half of the year [1] Group 2 - China Galaxy Securities suggests that if three conditions are met, the Shanghai Composite Index may challenge 4000 points by year-end, indicating a shift from a leverage-driven market to a "systematic slow bull" market [2] - The new generation core A500 ETF fund (512050) helps investors easily allocate to core A-share assets, covering all 35 sub-industries and focusing on both value and growth attributes [2] - The A500 ETF is overweight in new productivity sectors such as AI, pharmaceuticals, and renewable energy, providing a natural "dumbbell" investment strategy compared to the CSI 300 [2]