Market Performance - The market showed strong performance last week, with the China Securities Xinhua National Brand Index rising by 3.64% to 1780.22 points [1][2] - Major indices also saw significant increases, with the Shanghai Composite Index up by 1.70%, Shenzhen Component Index up by 4.55%, and the ChiNext Index up by 8.58% [2] Strong Stock Performances - Notable stocks included Sungrow Power Supply, which rose by 15.54%, and East Money Information, which increased by 15.34% [2] - Other strong performers included Zhongji Xuchuang (up 13.74%), Daren Tang (up 10.92%), and several others that saw gains exceeding 8% [2] Year-to-Date Stock Gains - Zhongji Xuchuang led the year-to-date performance with a 63.20% increase, followed by Kewo Si with a 57.31% rise [3] - Other significant gainers included Wu Biological (up 29.22%) and Heng Rui Pharmaceutical (up 22.16%) [3] Market Trends and Sentiment - The market is transitioning from a defensive to an offensive sentiment, with technology stocks leading the charge while traditional high-dividend sectors like banking are underperforming [4] - The overall market sentiment has improved since July, with a notable increase in risk appetite among investors [4] Future Outlook - The market is expected to continue benefiting from strong liquidity and a potential shift towards fundamental-driven growth as domestic demand stabilizes [5] - Analysts suggest that the current market phase is just the beginning, with fundamental factors set to take over as the main drivers of growth [5]

Market Performance - On July 24, 2025, the Shanghai Composite Index rose by 0.65%, the Shenzhen Component Index increased by 1.21%, and the ChiNext Index gained 1.50%[2] - The total market turnover was 1,844.402 billion CNY, a decrease of 19.873 billion CNY from the previous trading day[2] - A total of 4,463 stocks rose while 916 stocks fell[2] Market Style and Sector Performance - Growth stocks outperformed other styles, with the ranking being: Growth > Cyclical > Consumer > Stable > Financial[18] - The Consumer Services sector led with a rise of 3.84%, followed by Nonferrous Metals at 2.79% and Comprehensive Finance at 2.69%[18] - The Banking sector declined by 1.38%, while Communication and Oil & Petrochemicals fell by 0.10% and 0.08%, respectively[18] Capital Flow - On July 24, 2025, the net inflow of main funds was 6.548 billion CNY, with large orders seeing a net inflow of 15.607 billion CNY and small orders continuing to see net inflows of 13.412 billion CNY[22] - The majority of ETFs, including the Shanghai 50 and CSI 300, saw a decrease in turnover compared to the previous trading day[27] Global Market Performance - Major Asian indices showed mixed results, with the Hang Seng Index up by 0.51% and the Nikkei 225 up by 1.59%[31] - European indices generally rose, with the DAX Index increasing by 0.83% and the CAC40 Index by 1.37%[31] - In the US, the Dow Jones Industrial Average rose by 1.14%, while the S&P 500 and Nasdaq Composite increased by 0.78% and 0.61%, respectively[31]