A-share market opening express | Three major indexes rise and fall differently. Brain-computer interface sector leads in gains.

The three major stock indexes in A-shares opened with mixed movements, with the Shanghai Composite Index falling by 0.05% and the ChiNext Index rising by 0.2%. In terms of sector performance, brain-machine interfaces, photovoltaic equipment, pharmaceutical commerce, and other sectors led the gains. Institutional Views on the Future Market: Galaxy Securities: The medium-term upward trend remains unchanged Galaxy Securities pointed out that the slow upward trend in A-shares in the medium term remains unchanged. However, it is necessary to further observe changes in market sentiment. In terms of operation, in the medium term (July-August), the semi-annual report is still an important logic chain. Last week, the industries with significant gains mostly revolved around reasonable valuations and good performance expectations. Based on this, it is recommended to focus on directions with relatively high performance certainty during the reporting period, such as overseas computing power (photovoltaic modules, PCB), gaming, defense industries, exports (motorcycles, wind power, etc.), performance being one of the main sources of excess returns in July. Hualong Securities: The market center in July may move up Hualong Securities pointed out that looking ahead, the market center in July may move up. The domestic fundamental outlook is stable. Some major policies that may be introduced recently and in July will stabilize the economic trend in the second half of the year, helping to boost market expectations for the economic fundamentals. The manufacturing PMI in June was 49.7%, up 0.2% from the previous month, indicating a continued improvement in the manufacturing sector. Secondly, policies continue to drive long-term funds into the market. It is recommended to focus on directions related to technological innovation and advanced manufacturing. This article is reprinted from Tencent Stock Selection, GMTEight Editor: Xu Wenqiang.