On this day last year (September 23, 2024), the CSI A500 Index, a new generation core broad-based index for A-shares, was officially launched. It aggregates leaders across all industries, providing investors with a new investment tool. On November 15 of the same year, the A500ETF Fund (512050) was listed significantly. As of September 22 this year, the ETF has achieved a cumulative gain of 16.50% since its listing, outperforming the CSI 300 Index by over 4.5% during the same period, demonstrating the growth potential of the underlying index.

Data shows that unlike traditional market-cap-weighted stock selection methods, the CSI A500 Index adopts a dual strategy of balanced sector allocation and selecting industry leaders. It covers the leading companies from all 35 CSI sub-sectors, blending value and growth characteristics. Compared to the CSI 300, it overweight sectors representing new productive forces such as the AI industry chain, pharmaceuticals & biotechnology, power equipment, and new energy, giving it inherent barbell investment attributes.

Against this backdrop, ETF products related to the CSI A500 Index have gradually become one of the more attractive investment directions in the current market. As of September 22, the A500ETF Fund (512050) had a latest size of nearly 16 billion CNY.

Looking ahead, capital inflow into the market continues steadily, and the A-share market is expected to maintain its upward trend. Huatai Securities stated that positive feedback from capital flows is key to the sustainability of the current market trend, which currently remains relatively positive with active trading capital. Overseas liquidity and geopolitical issues continue to improve, while domestic fundamentals continue to gather momentum for an upward move. The view of a medium-term market gathering strength for an upward trend remains unchanged.