A-share volume rebounded, and positive factors in the market gradually accumulated.

Jinshi data, July 10th news, on July 9th, the A-share market probed and rebounded, with all three major indexes rising by more than 1%. Market trading volume increased, and market maker funds saw a net inflow of over 7.5 billion yuan in the Shanghai and Shenzhen markets, while northbound funds saw a net inflow of over 14 billion yuan, according to Wind data. Analysts believe that after the previous market pullback, the pessimistic sentiment has been significantly released. With the warming of reform expectations and the gradual stabilization of performance in the future, A-shares are expected to gradually bottom out and start a rebound in July. Zhang Xia, chief strategic analyst at China Merchants Securities, stated that in terms of style, the adjusted strategy follows high ROE and high free cash flow leaders, as well as the dual-leading strategy of following technology innovation. At the industry level, the focus is on areas where half-year performance is expected to exceed expectations, opportunities in the export window, new quality productivity direction, and some consumer sectors with improved business conditions.