[A-share shrinkage consolidation may be coming to an end; institutions are optimistic about the market situation in mid-to-late September] September 7th, last week, the A-share market continued to fluctuate and consolidate. The resumption of geopolitical disturbances in the Middle East and the rise in 10-year U.S. bond yields have suppressed the technology sector. Style rebalancing remains the main feature of the market. The brokerage strategy outlook report believes that, generally speaking, systemic risks in overseas markets are controllable, but the repeated game of fluctuations in U.S. bond yields and expectations of interest rate hikes may disturb global stock market risk appetite and become the main cause of short-term fluctuations. However, as the semi-annual reports verify that the profits of A-share companies continue to improve and the congestion in the technology sector is gradually eliminated, the bottom support of the market is constantly strengthening, and the A-share market has limited room for further downside. Looking ahead to the market outlook, mid-to-late September may become an important time window for a rebound. (Shanghai Securities News)