Group 1 - The market is experiencing significant divergence, with the Shanghai Composite Index slightly up by 0.13% while the ChiNext Index down by 0.47%, indicating a mixed performance among individual stocks [2][4] - Certain sectors like agriculture, oil, and petrochemicals are leading the gains, while the technology sector is seeing an overall decline, highlighting the ongoing sector rotation [2][4] - The A-share market often reacts to news with a time lag, where positive news can coincide with peak stock prices, contrasting with foreign markets that trade based on known information [4][10] Group 2 - Historical data suggests that the white liquor sector faced a crisis in May 2025, with a significant drop of over 6% in 20 trading days following a liquor restriction announcement, indicating that market warnings were present before the event [5][9] - The "institutional inventory" data shows that institutional investors had already exited before the downturn, suggesting that the decline was not unexpected but rather a predictable outcome [9][12] - The case of Nuotai Biotech, which saw a 25% increase after being designated as ST (special treatment), illustrates that institutional trading patterns can lead to unexpected stock performance, where negative news can serve as a tool for market manipulation [10][12] Group 3 - The analysis of market trends reveals that sectors experiencing gains are often backed by prior institutional investments, while those declining show low institutional inventory, indicating a lack of sustained interest from institutional investors [12][14] - The importance of observing real-time capital flows and utilizing quantitative tools is emphasized for investors to navigate the current market effectively [14]