Core Viewpoint - The China Securities Financial and Real Estate Index has shown positive performance, with a 0.72% increase over the past month, a 13.48% increase over the past three months, and an 8.44% increase year-to-date [1] Group 1: Index Performance - The China Securities Financial and Real Estate Index closed at 6062.64 points with a trading volume of 78.286 billion yuan [1] - The index reflects the overall performance of listed companies in the financial and real estate sectors within the China Securities Index sample [1] Group 2: Index Composition - The index is composed of securities from the financial and real estate sectors, selected from the broader China Securities Index [1] - The Shanghai Stock Exchange accounts for 83.31% of the index, while the Shenzhen Stock Exchange accounts for 16.69% [1] Group 3: Index Adjustment - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December [2] - Special circumstances may lead to temporary adjustments to the index samples, such as delisting or changes in industry classification [2]

Group 1 - The China Securities Financial Real Estate Index (000992) has shown a strong increase of 1.60% as of July 10, 2025, with notable stocks such as Bank of China Securities (601696) and Greenland Holdings (600606) hitting the daily limit up [1] - The Financial Real Estate ETF (159940) has risen by 1.64%, marking its sixth consecutive increase, with a trading volume of 911.29 million yuan during the session [1] - The Financial Real Estate ETF's net asset value has increased by 42.84% over the past year, ranking 402 out of 2907 in the index stock fund category, placing it in the top 13.83% [1] Group 2 - The top ten weighted stocks in the China Securities Financial Real Estate Index as of June 30, 2025, include Ping An Insurance (601318) and China Merchants Bank (600036), collectively accounting for 46.82% of the index [2] - The current market environment is viewed positively by Zheshang Securities, suggesting that the banking sector is at the beginning of a long-term trend driven by low interest rates and the revaluation of RMB assets [4] - Ping An Securities highlights that changes in capital flow are crucial for the valuation recovery of the sector, with the average dividend yield of the banking sector currently at 3.86%, attracting long-term funds [4]