On July 28, the market opened low. The index fell 5.37% and the Shanghai Index fell 0.98%. In this context, the low-dividend ETF Huatai Berry reversed the market and rose 0.34% to 1.171 yuan, with a turnover rate of 1.24% and a half-day turnover of 429 million yuan, ranking first among similar ETFs. In terms of news, the Bank of Chongqing and the Agricultural Commercial Bank of Chongqing recently took the lead in releasing the 2026 semi-annual performance report. SPD Bank also announced the main operating conditions for the first half of 2026, sending positive signals in terms of scale indicators and business trends. According to the announced disclosure schedule, the semi-annual reports of 42 A-share listed banks are expected to be published intensively from August 15 to August 31. Of these, August 29 is the peak disclosure day. At that time, nearly 20 banks, including ICBC and CCB, will concentrate on “filing.” According to the Changjiang Securities Research Report, the core difference in the performance of various listed banks depends on their ability to “expand accounts.” Agricultural Bank, which is expected to grow rapidly in asset size, and regional banks in the Yangtze River Delta and Shandong region are expected to maintain leading performance. At the same time, Everbright Securities advises investors to focus on two main lines: first, high-quality regional commercial banks, whose high ROE is expected to consolidate the dividend safety cushion, and continued high growth in performance may drive the valuation center upward; second, major state-owned banks that are expected to maintain high flexibility in their performance during the year and have the advantage of high index weight. Shenwan Hongyuan Securities said that with the July adjustment, capital went from a positive cycle to a negative cycle, and fundamental concerns have also fermented. In terms of allocation, the market is in a period of turbulence and recuperation, and attention is being paid to non-technological rotating investment opportunities. Focus on opportunities to repair excess earnings from brokerage firms, industrial metals, pharmaceuticals, and dividend factors. 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 28, the market opened low. The index fell 5.37% and the Shanghai Index fell 0.98%. In this context, the low-dividend ETF Huatai Berry reversed the market and rose 0.34% to 1.171 yuan, with a turnover rate of 1.24% and a half-day turnover of 429 million yuan, ranking first among similar ETFs. In terms of news, the Bank of Chongqing and the Agricultural Commercial Bank of Chongqing recently took the lead in releasing the 2026 semi-annual performance report. SPD Bank also announced the main operating conditions for the first half of 2026, sending positive signals in terms of scale indicators and business trends. According to the announced disclosure schedule, the semi-annual reports of 42 A-share listed banks are expected to be published intensively from August 15 to August 31. Of these, August 29 is the peak disclosure day. At that time, nearly 20 banks, including ICBC and CCB, will concentrate on “filing.” According to the Changjiang Securities Research Report, the core difference in the performance of various listed banks depends on their ability to “expand their accounts.” Agricultural Bank, which is expected to grow rapidly in asset size, and the Yangtze River Delta and Shandong regional banks are expected to maintain leading performance. At the same time, Everbright Securities advises investors to focus on two main lines: first, high-quality regional commercial banks, whose high ROE is expected to consolidate the dividend safety cushion, and continued high growth in performance may drive the valuation center upward; second, major state-owned banks that are expected to maintain high flexibility in their performance during the year and have the advantage of high index weight. Shenwan Hongyuan Securities said that with the July adjustment, capital went from a positive cycle to a negative cycle, and fundamental concerns have also fermented. In terms of allocation, the market is in a period of turbulence and recuperation, and attention is being paid to non-technological rotating investment opportunities. Focus on opportunities to repair excess earnings from brokerage firms, industrial metals, pharmaceuticals, and dividend factors. 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.