Core Viewpoint - The recent trading week saw the Shanghai Composite Index (SSE) reaching new highs, attempting to breach the 3500-point mark, but the market exhibited uneven performance with many stocks not recovering from previous lows [2][4]. Market Performance - During the week, 2890 stocks rose, 98 remained flat, and 2430 declined, indicating a less favorable market compared to the previous week where 4818 stocks rose [2][3]. - The SSE closed at 3472.32 points after fluctuating between 3466.55 and 3497.22 points on Friday, reflecting a lack of substantial gains [2]. Sector Analysis - The recent highs in the SSE were primarily driven by large financial sectors, while technology growth sectors lagged behind [4]. - The average stock price for the entire A-share market was 21.76 yuan, approximately 5% below the March high of 22.84 yuan, indicating many stocks have yet to recover from previous declines [4][6]. Economic Outlook - The chief economist at Founder Securities highlighted three main reasons for the recent strength in A-shares: low overall valuations, diminishing external risks, and improving quality of listed companies [7]. - The cumulative dividend payouts from A-share companies have significantly increased, from less than 300 billion yuan in 2010 to over 1.9 trillion yuan in 2024, enhancing investor returns [7]. Investment Opportunities - There are expectations for a phase of catch-up in sectors such as brokerage and technology boards following the index highs [7]. - The upcoming earnings season is anticipated to provide investment opportunities, with 15 companies expected to report over 90% year-on-year profit growth [8]. Valuation Metrics - The average price-to-earnings ratios for the SSE and ChiNext are 14.21 and 38.6, respectively, indicating a suitable environment for medium to long-term investments [9]. - The market is expected to maintain a steady upward trend, with a focus on sectors like finance, electricity, software development, and gaming for potential investment opportunities [9].

Group 1 - The core point of the article is that Samsung is set to launch a new foldable smartphone on July 9 [1]

Group 1 - Samsung is set to launch a new foldable smartphone on July 9 [1]