
On November 6, the three major stock indices opened higher, with the Shanghai Composite Index up 0.1%, the Shenzhen Component Index up 0.37%, and the ChiNext Index up 0.6%. The MSCI China A50 Connect Index, which represents core leading assets, opened higher and continued to rise, currently up approximately 0.85%. Top gainers among its constituents included Zhongji Innolight, Hygon Information, NARI Technology, and CRRC.
Recently, Meng Lei, China Equity Strategist at UBS Securities, published a China stock strategy report, stating that the mid-term outlook for the A-shares market remains positive. This is driven by factors such as gradual recovery in overall earnings, sustained net inflows of off-market funds into the market, technological narratives aiding valuation restructuring, and investor-centric capital market development, all of which continue to support the mid-term upward trend of the stock market.
A50ETF (159601) closely tracks the MSCI China A50 Connect Index, offering a one-click investment in leading Connect-listed companies. It provides balanced exposure to the performance of core leading assets in the A-shares market, making it a preferred choice for both domestic and international investors. Compared to other "Nifty 50" indices in the market, the MSCI China A50 Connect Index places greater emphasis on liquidity and sector balance during its compilation process, with significant large-cap characteristics.
