Liquidity still supports the A-share market, and the market may spread to low-weight stocks.

Last week, the main stock indexes in A-shares continued to rise. As of August 29, the total market turnover exceeded 2 trillion yuan for 13 consecutive trading days, with 3 trading days during the week exceeding 3 trillion yuan. Looking ahead, institutions believe that the probability of the market maintaining a volatile upward trend in September is still relatively high, but the rate of increase may slow down compared to August. Currently, the key driving force for the index to rise comes from the positive feedback formed by the inflow of incremental funds. At the same time, the external environment in September is relatively stable, with high expectations of the Federal Reserve opening the interest rate-cutting window, a shift towards loose overseas liquidity, and the attractiveness of RMB assets expected to further increase.