Market Overview - The market experienced significant volatility, with the technology growth sector continuing to decline while low beta and dividend styles showed relative resilience[2] - The Shanghai Composite Index closed below 3900 on the last trading day of the week, with trading volume dropping to below 1.8 trillion CNY mid-week, indicating a prevailing risk-averse sentiment[2] Sector Performance - Weekly trading activity improved notably in the consumer sector, particularly in agricultural products, social services, and commercial trade[6] - Communication services and essential consumer sectors led the weekly gains, with excess returns of 2.82% and 2.48% respectively[28] Investment Trends - The small-cap stocks and the CSI 2000 index showed signs of recovery in trading activity, while institutional heavy positions across various indices experienced declines[6] - The fund overlap index reported a weekly loss of 5.01%, indicating a general downturn in institutional investment performance[22] Style Analysis - Small-cap stocks faced a weekly pullback, while low beta stocks demonstrated relative strength against market declines[29] - The performance of major style indices showed that small-cap and mid-cap growth indices experienced declines of 5.93% and 6.10% respectively, highlighting a challenging environment for growth-oriented investments[32] Thematic Highlights - The Yangtze Energy Efficiency Star and the Beijing-Tianjin-Hebei Regional Development Leading Index performed relatively well during the week, with the latter showing a loss of only 1.72%[34]