7月13日A股低於3%換手率股票佔比下降至67.07%，連跌兩日，但仍保持在2024年10月以來波動區間中部；高於5%換手率股票佔比降至24.39%，意味着目前市場交投活躍度持續下降，不過仍保持在閾值上方。 注：1、當換手率低於3%的股票佔比上升，尤其是接近歷史高位附近（圖中虛線，圖爲反轉走勢）時，意味着市場很有可能遇到一個階段低點，容易產生反轉或反彈。 2、當高換手率高於5%的股票佔市場總數比例保持在閾值（圖中虛線）上方，市場纔會出現強的賺錢效應，使得行情具有持續性。牛市的時候，該指標會持續保持在閾值上方，市場迎來普漲行情；而熊市的時候，該指標大多時候在閾值下方，偶爾超過閾值反而要小心衝高回落的風險。

中國上證綜指7月14日（週二）開盤下跌4.52點，跌幅：0.12%，報3909.27點； 中國深證成指7月14日（週二）開盤上漲9.51點，漲幅：0.07%，報14532.36點； 中國滬深300指數7月14日（週二）開盤下跌4.26點，跌幅：0.09%，報4691.12點； 中國創業板指數7月14日（週二）開盤上漲6.1點，漲幅：0.16%，報3729.61點； 中國科創50指數7月14日（週二）開盤上漲0.12點，漲幅：0.01%，報1994.44點。

Sources told Refinitiv the Government Pension Investment Fund (GPIF) has no plan to change its target asset allocation but may, within existing permitted ranges, shift more funds into Japanese assets as the government studies options. Japan's finance minister Katayama last Friday said the government will seek to encourage pension funds, including GPIF, to substantially increase investment in Japanese financial assets; the remarks lifted the yen and JGBs. GPIF managed ¥293.6 tln (about $1.81 tln) as of March. Officials said any increase would be implemented within the current benchmark limits and would not immediately alter GPIF's medium-term targets; GPIF is legally required to invest solely in beneficiaries' interests and cannot deploy assets to advance government policy. Under its current strategic plan, GPIF allocates 25% each to domestic bonds, overseas bonds, domestic equities and overseas equities.