Market Performance - On June 30, 2025, A-shares saw collective gains with the Shanghai Composite Index rising by 0.59%, Shenzhen Component Index by 0.83%, and ChiNext Index by 1.35% [1] - The trading volume in the Shanghai and Shenzhen markets approached 1.5 trillion yuan [1] Sector Performance - Game and defense-related ETFs led the gains, with specific game ETFs and aerospace ETFs increasing by over 5% [2] - The National Press and Publication Administration approved 147 domestic games and 11 imported games, boosting the gaming sector [2] - The military industry is expected to experience a valuation restructuring, benefiting from improved asset quality and larger business scales [2] High Dividend Sector - High dividend sectors experienced a pullback, but there are expectations for supportive policies from the China Securities Regulatory Commission to enhance market confidence [3] - The central state-owned enterprise sector is viewed positively due to ongoing reforms and market management initiatives [3] ETF Trading Activity - The top trading ETF was the Credit Bond ETF with a transaction volume of 18.291 billion yuan, followed by the Shanghai Corporate Bond ETF and Short-term Bond ETF, both exceeding 10 billion yuan [4] - The Asia-Pacific Select ETF had the highest turnover rate at 157.05% [5] Upcoming ETF Issuances - Five new ETFs are set to begin fundraising on July 1, 2025, including those focused on artificial intelligence and aviation [6][7] - The newly listed ETFs will track indices related to artificial intelligence, general aviation, and free cash flow [11][12][14]

Core Viewpoint - The overall expectation for the A-share market in the second half of 2025 is a continuation of the current oscillation and rapid rotation of hot topics, with no systemic large-scale rally anticipated [2][3] Market Assessment - Multiple institutions predict that the market will likely maintain a fluctuating pattern with significant thematic rotation [3] - The uncertainty surrounding the recovery of corporate profit growth is a key factor limiting the potential for a broad market rally [3] - The focus on corporate earnings performance is expected to contribute positively to market dynamics, with fundamental factors likely to outperform historical averages [3][4] Investment Strategy - A consensus strategy among professional institutions is to adopt a balanced allocation to manage risks while selectively focusing on structural opportunities for returns [5] - The importance of monitoring macroeconomic highlights is emphasized, with adjustments to investment strategies based on key areas such as investment, consumption, and exports [4][5] Key Directions for Investment - Institutions identify four main investment directions: 1. Deepening investments in the technology sector, particularly in areas like AI, semiconductors, and military technology [6] 2. Capitalizing on the new consumption wave, including experiential and AI-enabled consumption models [6] 3. Focusing on stable dividend assets in a weak recovery environment [6] 4. Following national policy directions, particularly in sectors like power generation and coal chemical industries [6] Short-term Outlook - Some institutions maintain an optimistic short-term outlook, suggesting a "dual-line layout" strategy that includes focusing on sectors with improving industry conditions and stable earnings [7] - The A500 index is highlighted as a key investment vehicle for capturing growth in emerging sectors [7] Long-term Perspective - Long-term confidence in the market is supported by signs of fundamental improvement and potential capital inflows [8][9] - The low valuation of the Chinese stock market compared to global peers is expected to attract both traditional and new foreign investments [9]

Tonight, the Pentagon revealing new details of that secretive mission. The B2 bomber crews that targeted Iranian nuclear sites with 30,000 lb bunker buster bombs. When the crews went to work on Friday, they kissed their loved ones goodbye, not knowing when or if they'd be home.The chairman of the Joint Chief saying it was 15 years in the making, showing footage of the bombs being tested, saying it all went according to plan. The weapons all guided to their intended targets. Anyone with uh you know two ear, ...

Group 1 - The article highlights the importance of weekly announcements from Sunday to Thursday, which include significant stock market events such as suspensions, increases or decreases in holdings, investment wins, acquisitions, earnings reports, unlocks, and high transfers [1] - It emphasizes the need for investors to identify investment hotspots and prevent various black swan events by providing ample time to analyze and find suitable listed companies [1] Group 2 - A company is noted for its involvement in solid-state batteries, military industry, humanoid robots, drones, and MCU chips, being one of the earliest firms in China to invest in solid-state battery technology and focusing on precision bearings and lead screws in humanoid robots [1] - Another company is recognized for its blockchain-related products that have been applied in digital currency business, with a focus on digital currency, cross-border payments, blockchain, domestic chips, cloud computing, and Huawei's HarmonyOS [1] - A third company plans to rapidly enter emerging fields such as humanoid robots and autonomous driving through equity acquisitions, with a specific mention of Tesla [1]

Iran launched missiles at a U.S. base in Qatar and at Iraq, where the U.S. keeps military facilities, officials said. Iran warned Qatar prior to the attack. Photo: Reuters ...

A short time ago, the U.S. military carried out massive precision strikes on the three key nuclear facilities in the Iranian regime, Fordo, Natanz and Esfahan. As President Trump has stated, the United States does not seek war. But let me be clear.We will act swiftly and decisively when our people, our partners or our interests are threatened. ...

Group 1 - The article highlights the importance of weekly announcements from Sunday to Thursday regarding significant stock market events, including suspensions, increases or decreases in holdings, investment wins, acquisitions, earnings reports, unlocks, and high transfers, with key announcements marked in red to assist investors in identifying investment hotspots and preventing black swan events [1] - The company is currently laying out products related to solid-state batteries, indicating a strategic focus on this emerging technology [1] - The company provides information services such as CIPS and digital currency bridges to numerous banks, showcasing its involvement in digital currency, military applications, cross-border payments, cloud computing, blockchain, and low-altitude economy [1] - The company plans to restructure and acquire a computing power enterprise, indicating its expansion into cross-border e-commerce, computing power, and AI glasses [1]

Geopolitical Risks - US bombers struck Iran's three main nuclear sites, escalating the conflict with Israel [1] - President Trump announced the obliteration of Iran's key nuclear enrichment facilities and threatened further attacks [1] - Iran's foreign minister warned of everlasting consequences following the US strike [2] - The US strike raises the possibility of a broader regional conflict, with potential impact on US assets [2] - Iran retaliated by firing more missiles towards Israel [3] Military and Security - The US has approximately 50,000 service members stationed across the region [2] - The US State Department began evacuating US citizens from Israel prior to the attack [3] Nuclear Safety and Regulation - Iran's nuclear regulatory agency reported no signs of radiation contamination at the targeted sites [1] - The IAEA nuclear watchdog reported no increase in off-site radiation levels [1]

Geopolitical & Security Landscape - The US military conducted a precision operation to devastate Iran's nuclear program, emphasizing it was not targeting Iranian troops or people [1][28] - The operation, dubbed "Midnight Hammer," involved strikes against three Iranian nuclear facilities [10][15] - The US asserts that Iran must not obtain nuclear weapons and that American deterrence is back [2][3] - The US military is postured to respond swiftly and decisively to any Iranian retaliation or proxy attacks [8][22] - Public and private messages are being sent to Iran, urging them to negotiate and abandon their nuclear program [46] Military Operation Details - The operation involved B-2 stealth bombers, fourth and fifth-generation fighters, air refueling tankers, and a guided missile submarine [7][21] - Seven B-2 bombers launched from the continental US, with some proceeding to the Pacific as a decoy [12][13] - The B-2 strike included the longest B-2 Spirit bomber missions since 2001 [7] - A US submarine launched over two dozen Tomahawk land cruiser missiles against key surface infrastructure targets at Esfahan [15] - US forces employed 75 precision-guided weapons, including GBU-57 Massive Ordnance Penetrators (MOPs), marking the first use of this weapon [20] - All three Iranian nuclear infrastructure targets were struck between 6:40 PM and 7:45 PM Eastern Time (2:10 AM local time in Iran) [18] Strategic & Political Considerations - The US maintains that the operation was a focused mission on the destruction of Iranian nuclear capabilities, not regime change [28][39] - The US claims to have complied with notification requirements to congressional leaders after the planes were safely out [31] - The US acknowledges the challenges of allies in the region and has been working in collaboration with them [44] - The US states that Iran's fighters did not fly, and its missile systems did not detect the US strike package [19] - The US believes the operation will have a clear psychological impact on Iran, hoping they will pursue negotiated peace [49] Alliances & Cooperation - The US recognizes Israel's military success in degrading Iranian capabilities and acknowledges ongoing conversations and cooperation [6][41] - The US took advantage of preparatory work done in terms of access of approach, but it was a US-led strike [42]

Military Operation Overview - US Central Command executed a strike against three Iranian nuclear facilities, a high-risk mission demonstrating exceptional skill [1] - The operation, named Midnight Hammer, aimed to severely degrade Iran's nuclear weapons infrastructure [2][7] - The mission involved multiple domains and theaters, showcasing global power projection [3] Strategic Execution - A large B-2 strike package launched from the continental US, employing decoy tactics to maintain surprise [4] - The main strike package consisted of seven B-2 bombers, requiring multiple in-flight refuelings during the 18-hour flight [4][5] - A US submarine launched over two dozen Tomahawk Land Cruiser missiles against key infrastructure targets at Esfahan at approximately 5:00 PM EST [6] - Fourth and fifth-generation aircraft swept ahead of the strike package to counter enemy fighters and surface-to-air missile threats [7] Tactical Details and Impact - At approximately 6:40 PM EST, the lead B-2 dropped two Massive Ordnance Penetrator (MOP) weapons on Fordo, with a total of 14 MOPs dropped against two target areas [8] - All three Iranian nuclear infrastructure targets were struck between 6:40 PM and 7:45 PM EST, with Tomahawk missiles striking Isfahan last to maintain surprise [8][9] - Iranian fighters did not engage, and missile systems apparently did not detect the US strike package [9]