According to data from Private Fund Pai Pai Wang, both the private equity confidence index and the intention to increase positions index witnessed a slight monthly uptick in July. By the end of June, over 90% of private equity funds held positions of 50% or higher. Notably, more than 10 insurance companies have either established or augmented their investments in private equity securities investment funds this year, with an anticipated market entry scale surpassing 200 billion yuan. Furthermore, individual investors' risk appetite surged in the first half of the year, leading to a more than doubling in the monthly number of newly filed private equity products. Industry experts anticipate that, fueled by funds' profitability and favorable policies, Hong Kong stocks and A-shares could embark on structural market trends in the second half of the year.