Market Overview - A-shares opened lower on August 15, but all major indices turned positive by mid-morning, with the ChiNext Index rising over 1% and the Shanghai Composite Index up 0.25% [1] - The A-share market saw a significant increase in trading volume, reaching 2.3 trillion yuan, marking the first occurrence of "double 2 trillion" in nearly a decade [1] - The margin trading balance also surpassed 2 trillion yuan, indicating a shift towards a "slow bull" market phase [1] Sector Performance - The non-bank financial sector experienced a strong rally, with the brokerage sector leading the charge, as evidenced by Longcheng Securities achieving three consecutive trading limits [1][3] - The banking sector faced declines, with major banks like CITIC Bank and Industrial and Commercial Bank of China dropping over 3% [5][6] - The real estate sector also showed strength, with stocks like Qizhou Development and Xinda Real Estate hitting trading limits [3][4] Capital Flow - There was a notable inflow of capital into the non-bank financial sector, with a net inflow of 6.33 billion yuan [2] - The brokerage ETF saw a significant increase, with trading volumes exceeding 700 million yuan, indicating strong market activity [2] Investment Sentiment - Market sentiment appears optimistic, with various institutions expressing a bullish outlook on the ongoing market rally [8][9] - Some private equity firms are adjusting their portfolios, reducing exposure to overvalued stocks while increasing positions in consumer and internet sectors [8] - Analysts suggest that the current market resembles an "enhanced version of 2013," with a focus on small-cap and growth stocks [11]