Group 1 - The A-share market showed mixed results, with the Shanghai Composite Index falling by 0.42% and the ChiNext Index rising by 1.73% on July 15 [1] - The Shanghai Composite ETF (510980) experienced a decline of 0.66%, marking a rare pullback after several days of gains [1] - The tracking error of the Shanghai Composite ETF (510980) over the past year was only 0.1%, indicating a strong performance relative to its benchmark [1] Group 2 - The core driving force behind the recent market strength is attributed to the collective performance of large-cap blue-chip stocks, particularly in the financial sector [2] - The real estate and photovoltaic sectors, which had been underperforming, have recently shown significant gains, suggesting a healthier market condition [2] - Policy expectations are rising, with recent developments in Hong Kong regarding virtual asset trading licenses and easing restrictions on tokenized custody and cross-border payments [3] Group 3 - The market's trading volume has shown marginal improvement, with a weekly turnover of 74,808 billion yuan, indicating a gradual recovery in trading activity [3] - For the upcoming months, July is viewed as a favorable window for investment, while August and September may present higher risks [4] - Recommended sectors for investment include electronics, power equipment, defense, computing, and non-bank financials, with a particular focus on TMT (Technology, Media, and Telecommunications) [4]