Market Overview - The Shanghai Composite Index fell by 0.2%, the Shenzhen Component Index decreased by 0.15%, and the ChiNext Index dropped by 0.36% with over 4,000 stocks declining in the market [1] Sector Performance - The military equipment restructuring concept saw a significant increase of 43.53% in its sector performance, with a net inflow of 1.49 million and a total investment amount of approximately 2.76 billion [2] - Other sectors that performed well include components (+2.70%), military equipment (+2.19%), and military electronics (+1.56%) [2] - Conversely, sectors such as rare earth permanent magnets (-2.76%), CRO concept (-2.23%), and film and television industry (-2.11%) experienced notable declines [2] Institutional Insights - According to Wang Xiaohua from Dongfang Securities, ongoing geopolitical tensions and high global funding rates may lead to weak liquidity, with a focus on structural market trends and the potential for sector rotation [4] - Xie Aimin from Shenzhen Gaoping Juneng Capital noted that despite global volatility, the domestic economic structure is improving, and the A-share market is consolidating with a more rational investor sentiment [4]