The balance of financing has increased for eight consecutive times, and the A-share market is expected to further rise.

On July 17th, the A-share market fluctuated and strengthened, with all three major indexes rising. The Shenzhen Component Index and the ChiNext Index both rose by over 1%. The defense military industry, communications, electronics, and other sectors led the market, with themes such as CPO, PCB, innovative medicine, defense military, low-altitude economy, and humanoid robots performing actively. Over 3500 stocks in the A-share market rose, with over 60 stocks hitting their daily limit up. The trading volume was 1.56 trillion yuan, higher than the previous trading day. In terms of capital, Wind data showed that from July 7th to 16th, the margin balance of the A-share market increased for eight consecutive days, totaling an increase of 44.038 billion yuan. Margin clients actively increased their positions in the A-share market, with non-bank financials, computer, and non-ferrous metals industries seeing significant increases in positions. Analysts believe that the current macroeconomic environment, market risk appetite, and structural prosperity of new industries both domestically and internationally are showing positive signals, and the market is expected to further rise. If there is a short-term market adjustment, it may be a good opportunity for positioning.