The national team intervened to support the market, and the stable market mechanism continued to escort A shares. The Huabao half-day rise 1.59% for the ChiNext artificial intelligence ETF.

On July 20th, the three major A-share indexes collectively rose. By the midday break, the ChiNext artificial intelligence ETF Huabao rose by 1.59%, with heavy-weight stocks such as Wangsu Technology and Sino Data rising by over 6%. In terms of capital, the ChiNext artificial intelligence ETF Huabao received net inflows for 4 days last week, with a total net inflow of 1.228 billion yuan for the week, indicating a strong willingness to layout funds at low levels. In terms of news, several market institutions received notices from regulatory authorities on July 19th, and attended a symposium at the China Securities Regulatory Commission on the 20th. The purpose of this symposium is for the CSRC to listen to opinions and suggestions from all parties on promoting stable and healthy development of the market. It is worth noting that on the evening of July 19th, China Guoxin and China Chengtong, two major central state-owned enterprises, simultaneously issued announcements of increasing their holdings, injecting stability into the capital market. Both China Guoxin and China Chengtong stated that they will make every effort to maintain the stable operation of the capital market. In addition to the "national team," many listed companies have successively released announcements of performance increase and share repurchases over the weekend, with many securities firms announcing share repurchases and more private equity funds joining the self-purchase ranks. With a balanced layout of "hardware + applications," comprehensively grasp the opportunities in the AI theme, and focus on the ChiNext artificial intelligence ETF Huabao and off-exchange connections.