Huatai Securities: Looking ahead, it is recommended to focus on industries with strong growth potential such as aviation equipment, as well as sectors with medium-term logic for countering the effects of internal competition.

Huatai Securities research report indicates that the recent A-share market has been relatively strong, and there are early signs of a shift from a dumbbell-style growth to a broader market growth. There are three key points to understand. First, most industries that are "anti-overwork" have low valuations and are driven by price increases, which helps maintain market enthusiasm. In the medium term, the solid ROE foundation of "anti-overwork" industries is expected to rebound, which is beneficial for investors looking for long-term opportunities. Second, the semi-annual report forecasts validate key industry trends, supporting short-term style shifts, with sustainability still to be observed. Third, the strong financial data in June improves mid-term profit expectations for the entire A-share market. Looking ahead, with high volatility, it is recommended to maintain positions, make moderate internal shifts, and focus on sectors with growth potential such as aviation equipment, wind power, storage, as well as "anti-overwork" industries with mid-term potential such as some chemical products and batteries. Strategically, it is recommended to continue to overweight in major financial institutions, innovative pharmaceuticals, and military industries.