Group 1 - A-shares main indices opened lower but rose throughout the day, with the Shanghai Composite Index reaching a recent high, closing up 0.27% at 3627.54 points [1] - The CSI 300 and CSI A500 indices also showed upward trends, with increases of 0.18% and 0.31% respectively, both having over 5% gains in the last 60 days [1] - The performance of related ETFs improved, with the Huashang 300 ETF (159919) and A500 ETF (159351) rising by 0.21% and 0.29% respectively, and their 60-day gains reaching 7.30% and 7.53% [1] Group 2 - The People's Bank of China and six other departments issued guidelines to support new industrialization, proposing 18 targeted support measures to enhance financial services and mechanisms [2] - Market trends are expected to show volatility in early to mid-August, with a potential return to an upward trend later in the month, possibly reaching new highs [2] - Investment strategies suggest focusing on low-position growth stocks and utilizing broad-based ETFs like the Huashang 300 ETF (159919) and A500 ETF (159351) for efficient allocation [2]

Core Viewpoint - The market experienced a decline with major indices dropping over 1%, while the A500 ETF by Jiashi showed significant trading activity and resilience in the face of market volatility [1][2]. Market Performance - On July 31, major indices such as the Shanghai Composite Index, Shenzhen Component Index, ChiNext Index, and CSI A500 all fell by more than 1% [1]. - The total market turnover approached 2 trillion yuan, indicating active trading, particularly in broad-based ETFs [1]. - Eight broad-based ETFs had trading volumes exceeding 3 billion yuan on the same day, with the A500 ETF by Jiashi (159351) achieving a trading volume of 3.011 billion yuan and a turnover rate of 24% [1]. A500 ETF Highlights - In July, the total trading volume of the A500 ETF by Jiashi reached 70.672 billion yuan, averaging over 3 billion yuan per day [1]. - As of July 30, the latest scale of the A500 ETF by Jiashi was 12.671 billion yuan [1]. Future Outlook - Industry experts suggest that short-term fluctuations will not alter the long-term positive trend of the capital market [1]. - The A500 index, as a new generation broad-based index, incorporates ESG principles and focuses on leading companies while maintaining industry balance, enhancing its representation of core A-share assets [1]. - The index aims to prioritize leading companies in emerging sectors, thereby improving its representation of new economic growth drivers [1].