基金研究周报：A股成长风格占优，板块结构分化明显（7.14-7.18）

Market Overview - A-shares experienced narrow fluctuations last week (July 14 to July 18), with the Shanghai Composite Index slightly rising by 0.28%, indicating a defensive advantage in undervalued blue-chip stocks [2] - The CSI 500, CSI 1000, and ChiNext 50 indices all rose over 1%, reflecting investor preference for small-cap and technology stocks [2] - The Wind first-level average index increased by 0.76%, with 80% of the Wind top 100 concept indices showing gains, particularly in the communication, pharmaceutical, and automotive sectors, which rose by 7.56%, 4.00%, and 3.28% respectively [2] Fund Issuance - A total of 30 funds were issued last week, including 20 equity funds, 6 mixed funds, 3 bond funds, and 1 FOF fund, with total issuance of 21.485 billion units [3][4] Fund Performance - The Wind All Fund Index rose by 1.36% last week, with the ordinary equity fund index increasing by 3.00% and the mixed equity fund index rising by 3.06% [4][7] - The performance of major asset classes showed most global assets increased, with the Hang Seng Technology Index leading the gains in the Asia-Pacific region [4] - The domestic bond market remained stable, with the 10-year government bond futures contract declining by 0.02% [11] Industry Performance - The healthcare sector led the gains with a 3.93% increase, followed by information technology at 2.98%, while financials and real estate sectors showed weakness, with declines of 0.76% and 2.00% respectively [10]