Today, the three major A-share indices opened higher but then fluctuated divergently, with active sectors including consumer electronics, lithography machines, and auto parts. As of 10:56, the CSI A500 Index rose 0.2%. Among its constituents, Zhangjiang High-Tech gained 8.9%, Enjie Co. rose 5.6%, and SAIC Motor climbed 5.5%. A500ETF E Fund (159361) recorded a trading volume of RMB 800 million. In terms of capital flows, the product attracted RMB 2.5 billion in net inflows over the past month, ranking first among its peers.

A-share investors have shown strong enthusiasm this year. Reports indicate that new A-share account openings in July reached 1.96 million, up 71% year-on-year and 19% month-on-month. By the end of July 2025, cumulative new A-share account openings totaled 14.56 million, a year-on-year increase of over 30%.

Huaxi Securities noted that looking ahead, renewed expectations of a Fed rate cut and ample domestic macro/micro liquidity will support the continuation of A-shares' slow-bull trend. Since the "623" market rally, A-shares have exhibited clear rotational and catch-up gains across sectors, with more sustained profitability effects. Additionally, the sources of incremental market funds are broad, and the positive feedback loop between "household asset allocation inflows and gradual market appreciation" is expected to strengthen.

The CSI A500 Index consists of 500 large-cap, high-liquidity stocks spanning 91 out of 93 CSI tertiary industries, ensuring balanced sector exposure while covering numerous emerging industry leaders. This achieves dual-driven growth from "core assets" and "new quality productive forces." A500ETF E Fund (159361) charges a low management fee of just 0.15% annually, helping investors cost-effectively allocate to core assets.