Market Overview - The Shanghai Composite Index increased by 0.69% to 3534.48 points, the Shenzhen Component Index rose by 2.04% to 10913.84 points, and the ChiNext Index gained 3.17% to 2277.15 points [1] - Sectors such as telecommunications and biomedicine showed strong performance, while water conservancy, rare earths, and optical module CPO concepts were notably active [1] Key News - Three food delivery platforms, Ele.me, Meituan, and JD, were summoned by the State Administration for Market Regulation on July 18, emphasizing the need for compliance with the E-commerce Law and promoting a healthy ecosystem among consumers, merchants, delivery riders, and platforms [1] - The 3rd China International Supply Chain Promotion Expo was held in Beijing from July 16 to 20, with Vice Premier He Lifeng highlighting China's role in global supply chains and its commitment to digital, intelligent, and green transformation [1] AI Industry Insights - OpenAI held a live event on July 18, introducing the ChatGPT Agent, which possesses autonomous thinking and action capabilities, selecting appropriate tools from its skill set for complex tasks [2] - Minsheng Securities noted the intensifying tech competition among major powers, stressing the necessity for domestic AI computing power, with a focus on the development of chips and software ecosystems as critical for the AI industry [2] - The Cloud Computing 50 ETF (516630) tracks a high AI computing power index, covering popular concepts such as optical modules, computing leasing, data centers, and AI servers, and is noted for having the lowest total expense ratio among ETFs tracking this index [2]

Group 1 - A-shares experienced a decline on May 30, with major indices falling, particularly in sectors such as electronics, machinery, automotive, computing, and communications [1] - The cloud computing 50 ETF (516630) and the Xinchuang ETF (562570) faced a pullback, each dropping over 1.5% [1] - The Xinchuang ETF (562570) saw significant movements in its holdings, with companies like Huada Jiutian and Yuntian Lifei leading the decline, while firms such as Jingbeifang and Inspur Software showed gains [1] Group 2 - The Xinchuang ETF (562570) is closely related to the strategic restructuring announcements from Haiguang Information and Zhongke Shuguang, which are the 1st and 7th largest weighted stocks in the index, together accounting for over 10.2% of the total weight [2] - The cloud computing 50 ETF (516630) includes a high proportion of AI computing-related stocks, covering sectors such as optical modules, computing leasing (IDC), data storage, servers, and liquid cooling [2]