On August 6, the market fluctuated and adjusted in early trading, and the three major indices had mixed ups and downs. By the midday close, the Shanghai Index reported 3878.92 points, up 0.01%, and the Innovation Index reported 3511.47 points, down 0.67%. In this context, the low-dividend ETF Huatai Berry fell 0.69% to 1.156 yuan, with a turnover rate of 1.82% and a half-day turnover of 586 million yuan, ranking first among similar target ETFs. According to the news, the “Fifteenth Five-Year Plan” approved by the State Council in July was released to the public. For the first time, housing consumption was included in the category of consumption of durable goods and placed first. According to the interpretation of some institutions, the real estate policy position may shift from “risk prevention” to “equal emphasis on risk prevention and consumption promotion.” According to reports, several hot cities are actively planning measures to boost housing consumption, and the implementation of follow-up policies is worth paying attention to. Huatai Securities pointed out that the key window for a trending rebound is in late August. At that time, the interim report, Nvidia's earnings report, and redemption pressure during the rebound process will jointly determine whether technology can form a new round of major growth. In terms of allocation, dividends continue to bear the bottom line. The technological rebound prioritized semiconductor equipment with high performance certainty in the original main line, while the non-main line focused on the direction of improvement in interim reports, such as brokerage firms, innovative drugs, etc. Shenwan Hongyuan Securities believes that it will still take time for the AI industry chain to rise and restart, and that it will continue to pay attention to rotating investment opportunities in non-technology directions for some time to come. There is limited room for overall market adjustment, and it will still take time for technology to recuperate. Under this combination, high-dividend assets may become the first non-technology assets to return to a strong state in the medium term, focusing on banks, non-banks, food and beverage, and utilities. 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 August 6, the market fluctuated and adjusted in early trading, and the three major indices had mixed ups and downs. By the midday close, the Shanghai Index reported 3878.92 points, up 0.01%, and the Innovation Index reported 3511.47 points, down 0.67%. In this context, the low-dividend ETF Huatai Berry fell 0.69% to 1.156 yuan, with a turnover rate of 1.82% and a half-day turnover of 586 million yuan, ranking first among similar target ETFs. According to the news, the “Fifteenth Five-Year Plan” approved by the State Council in July was released. For the first time, housing consumption was included in the category of consumption of durable goods and placed first. According to the interpretation of some institutions, the real estate policy position may shift from “risk prevention” to “equal emphasis on risk prevention and consumption promotion.” According to reports, several hot cities are actively planning measures to boost housing consumption, and the implementation of follow-up policies is worth paying attention to. Huatai Securities pointed out that the key window for a trending rebound is in late August. At that time, the interim report, Nvidia's earnings report, and redemption pressure during the rebound process will jointly determine whether technology can form a new round of major growth. In terms of allocation, dividends continue to bear the bottom line. The technological rebound prioritized semiconductor equipment with high performance certainty in the original main line, while the non-main line focused on the direction of improvement in interim reports, such as brokerage firms, innovative drugs, etc. Shenwan Hongyuan Securities believes that it will still take time for the AI industry chain to rise and restart, and that it will continue to pay attention to rotating investment opportunities in non-technology directions for some time to come. There is limited room for overall market adjustment, and it will still take time for technology to recuperate. Under this combination, high-dividend assets may become the first non-technology assets to return to a strong state in the medium term, focusing on banks, non-banks, food and beverage, and utilities. 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.