The three major A-share indices opened with mixed performance. The Shanghai Composite Index fell 0.06%, while the ChiNext Index rose 0.79%.

In terms of sector performance, the controlled nuclear fusion and CPO (Co-Packaged Optics) sectors were among the most active gainers. In contrast, sectors such as non-ferrous metals, securities, and coal were among the leading decliners.

Institutional Market Outlook

Guotai Haitong: New Upward Window Opening for Chinese Stocks, Focus on Tech, Manufacturing, and Brokers/Banks

Guotai Haitong stated that a confluence of factors—reduced uncertainty, upward revisions to growth expectations, and incremental capital entering the market—will open a new upward window for Chinese stocks in the future. The firm is particularly optimistic about technology, manufacturing, and the securities/banking sectors, while also noting potential for recovery in some traditional sectors.

Orient Securities: Battle for 4100-Point Level This Week, Likely Modest Gains, Tech Remains Key Theme

Orient Securities noted that, from a technical perspective, the Shanghai Composite's strong advance has brought it close to the 4100-point level, exceeding the firm's previous forecast for a high around 4070 points this week. Furthermore, the downward channel established since the peak at 4258 points has been broken. The firm anticipates a battle for the 4100-point integer level this week, with a high probability of a modest continued uptrend. Technology sectors are expected to remain the primary market focus.

Founder Securities: Market Uptrend Intact, Focus on Tech Growth and Cyclical Investment Opportunities

Founder Securities indicated that, catalyzed by positive news such as the U.S.-Iran agreement, the A-share market opened higher and continued to rise, with market leadership switching back to technology stocks. As the mid-year reporting season approaches, technology sub-sectors with solid earnings support still have room for further gains. The overall market remains in an upward trend, and investment opportunities in technology growth and cyclical sectors warrant attention.