CSI 300滬深 300
CSI 300 at 70% of range holds a structural edge over the broader Shanghai index — the blue-chip composition filters out much of the consumption and tech noise, and the policy floor under domestic equity remains intact even as the narrative dims. The near-term pull toward June's tech-stock weakness is real, but this is a policy trade more than a momentum trade: the floor is being actively maintained.
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CSI 300 at 70% of range holds a structural edge over the broader Shanghai index — the blue-chip composition filters out much of the consumption and tech noise, and the policy floor under domestic equity remains intact even as the narrative dims. The near-term pull toward June's tech-stock weakness is real, but this is a policy trade more than a momentum trade: the floor is being actively maintained.