The dual growth lines of computing power hardware and innovative medicines are gaining strength together. Institutions: Optimistic about the A-shares' recovery market in August.

On August 4th, the A-share market fluctuated throughout the day, with the ChiNext Index leading the major indices. By the close, the Shanghai Composite Index was at 3822.28 points, up 0.33%; the Shenzhen Component Index stood at 13885.71 points, up 3.25%; the ChiNext Index reached 3488.97 points, up 5.64%; and the Sci-Tech 50 Index rose by 4.09%. The total trading volume of the Shanghai and Shenzhen markets was 22.136 billion yuan, an increase of 216.2 billion yuan compared to the previous trading day, with over 3,400 stocks rising. On the market, two major growth lines, computing power hardware and innovative drugs, jointly strengthened, with the sector rebounds backed by solid industrial prosperity or leading performance data. Looking ahead, institutions believe that the market repair window has opened, and fundamentals will become the core discernment standard for the subsequent market trends.