Young people continue to flock into the stock market, with the preferred asset allocation being ETFs.

Recently, the Shanghai Composite Index has reached new highs, with daily trading volume consistently exceeding 2 trillion yuan. The market's heat is quickly spreading to the front line of securities firms. Journalists visiting securities business departments in Beijing, Shanghai, Shenzhen, and other places have found that investor interest in the market is increasing. There has been significant growth in new account openings, margin trading business, and sales of equity products. Some securities firms have seen a year-on-year increase of over 40% in new account openings, with monthly sales of financial products increasing by nearly 30% compared to the average level in the first half of the year. From the information gathered in interviews, it is evident that investors are focusing on areas such as innovative drugs, computing power, and robotics. Many investors are still rational in their operations, and the trend of ETF tool-based allocation is becoming more prominent. Some interviewees have stated that the investor structure and investment philosophy in the A-share market are currently undergoing positive changes.