Market Performance - The market experienced significant fluctuations, with a notable drop at 10:30 AM followed by a recovery that pushed the index past the previous high of 3410 and reaching a peak of 3526 before settling at 3509, which aligns with the high from November 8 of the previous year [1] - The main driving force behind the market's rise was the performance of the financial sector, particularly the banking sector, which reached a historical high, indicating new capital inflow [2] Sector Analysis - There was a clear signal of increased trading volume in the diversified financial sector, suggesting new funds entering the market, with significant gains observed in the securities and banking sectors [2] - High-priced stocks experienced a sharp decline, while lower-priced stocks saw renewed interest, indicating a shift in capital from high to low-priced stocks, with a focus on those that are relatively low based on monthly and weekly trends [2] Investment Strategy - The current market strategy suggests that as long as the average stock price remains above 21.99, investors should not panic even if they face temporary losses, provided they are not trapped in high-priced stocks [2] - The market is expected to continue its upward trend, with a recommendation for investors to consider buying on dips as the index gradually rises and the focus shifts to maintaining a stable price level [2]

Group 1 - The A-share market opened lower and experienced fluctuations on June 13, with the A500 ETF (512050) declining by 0.63% and achieving a trading volume exceeding 1.3 billion [1] - The A500 ETF tracks the CSI A500 Index, employing a dual strategy of industry balanced allocation and leading company selection, covering all sub-industries and integrating value and growth attributes [1] - The CSI A500 Index will undergo a significant mid-term adjustment, replacing 21 constituent stocks, including 9 from the Sci-Tech Innovation Board and Growth Enterprise Market, such as Baili Tianheng and Hengxuan Technology [1] Group 2 - Citic Securities research indicates a faster rotation of market themes, with an increased preference for certainty in asset selection, suggesting prioritization of core assets and low-position sectors [2] - The market is currently operating in a high emotional zone with increased volatility, while the focus has shifted from grand narratives to certainty [2] - Key domestic policies aimed at stimulating internal circulation are highlighted as potential catalysts for market movement [2]