On July 20, the market fluctuated high under the influence of favorable weekend news, and the Shanghai Composite Index returned above 3,800 points. Driven by this, the low-dividend ETF Huatai Berry rose 2.27% to 1.172 yuan in early trading, with a turnover rate of 2.56% and a turnover of 891 million yuan, ranking first among similar ETFs. According to the news, a number of market institutions have received notifications from the regulatory authorities and will attend the Securities Regulatory Commission symposium today. The purpose of this discussion is for the Securities Regulatory Commission to listen to opinions and suggestions from all parties on promoting the stable and healthy development of the market. In terms of capital flow, Huatai Berry, an ETF with low dividends, continues to be favored by medium- to long-term capital. The net capital inflow for the past 10 trading days was 480 million yuan, and the net capital inflow for the past 60 trading days was 4.89 billion yuan. As of July 17, 2026, the ETF had a circulation scale of 34.224 billion yuan. Huaxi Securities believes that in this round of rapid adjustments, some long-term capital has used deep adjustments to accelerate fund-raising, which not only injects liquidity into the market, but also sends a firm signal of support to the market. The countercyclical allocation of medium- to long-term capital became the ballast stone for A-shares. Caixin Securities said that the style rebalancing process is nearing its end. It is still necessary to properly control positions in the short term, wait for the index to stabilize before operating, and pay due attention to: defensive high-dividend directions, such as banking, coal, transportation, and utilities; consumer medicine, such as service consumption, some agricultural products, and innovative pharmaceuticals; “pan-technology” directions, such as AI applications, defense and military industry, humanoid robots, etc.; the leading targets of AI hardware, such as optical modules, PCBs, and storage, have declined a lot recently and can gradually slow down. It is expected that the core targets of AI hardware, such as optical modules, PCBs, and storage, will gradually slow down. power. Investors can use the low-dividend ETF Huatai Berry as a base position, and investors without a stock account can also allocate it through its OTC linked fund.

On July 20, the market fluctuated high under the influence of favorable weekend news, and the Shanghai Composite Index returned above 3,800 points. Driven by this, the low-dividend ETF Huatai Berry rose 2.27% to 1.172 yuan in early trading, with a turnover rate of 2.56% and a turnover of 891 million yuan, ranking first among similar ETFs. According to the news, a number of market institutions have received notifications from the regulatory authorities and will attend the Securities Regulatory Commission symposium today. The purpose of this discussion is for the Securities Regulatory Commission to listen to opinions and suggestions from all parties on promoting the stable and healthy development of the market. In terms of capital flow, Huatai Berry, an ETF with low dividends, continues to be favored by medium- to long-term capital. The net capital inflow for the past 10 trading days was 480 million yuan, and the net capital inflow for the past 60 trading days was 4.89 billion yuan. As of July 17, 2026, the ETF had a circulation scale of 34.224 billion yuan. Huaxi Securities believes that in this round of rapid adjustments, some long-term capital has used deep adjustments to accelerate fund-raising, which not only injects liquidity into the market, but also sends a firm signal of support to the market. The countercyclical allocation of medium- to long-term capital became the ballast stone for A-shares. Caixin Securities said that the style rebalancing process is nearing its end. It is still necessary to properly control positions in the short term, wait for the index to stabilize before operating, and pay due attention to: defensive high-dividend directions, such as banking, coal, transportation, and utilities; consumer medicine, such as service consumption, some agricultural products, and innovative pharmaceuticals; “pan-technology” directions, such as AI applications, defense and military industry, humanoid robots, etc.; the leading targets of AI hardware, such as optical modules, PCBs, and storage, have declined a lot recently and can gradually slow down. It is expected that the core targets of AI hardware, such as optical modules, PCBs, and storage, will gradually slow down. power. Investors can use the low-dividend ETF Huatai Berry as a base position, and investors without a stock account can also allocate it through its OTC linked fund.