{
  "strategy": "daily_risk_reduce",
  "risk_target_reduction_executions": 77,
  "executions_with_net_buys": 1,
  "events": [
    {
      "date": "20260716",
      "signal_date": "20260715",
      "buys_pct_before_trade_nav": [
        {
          "code": "588710.SH",
          "pct": 0.5913699810694506
        }
      ]
    }
  ],
  "meaning": "Targets only shrink between month anchors; drifting weights and waiting may still require net buys to rebalance. This is not a sale-only execution algorithm."
}