Group 1 - A-shares experienced fluctuations with semiconductor and small metal sectors performing well, while software development, consumer electronics, shipbuilding, and auto parts sectors lagged [1] - There is a notable shift of household savings towards capital markets, creating a continuous source of incremental funds [1] - The overall profit growth expectation for A-share listed companies is projected to turn positive by 2025, ending a four-year decline, with significant profit elasticity in the technology innovation sector [1] Group 2 - The A-share market saw a pullback in the afternoon, with market focus on computing power and chip sectors, while individual stocks showed more declines than gains [2] - Domestic broad fiscal spending has significantly increased, with upcoming policies aimed at boosting consumption and stabilizing infrastructure expected to play a key role in supporting domestic demand and confidence [2] - Since the end of June, the market has accumulated substantial gains, and there may be a need for consolidation due to the accelerated upward slope of recent increases [2]