机构：中国股票市场中短期仍具备相对韧性！摩根沪深300自由现金流ETF(认购代码：563903)今起发售，一键布局高财务健康度优质企业

Group 1 - The Morgan CSI 300 Free Cash Flow ETF has commenced its fundraising period from April 7 to April 18, 2025, allowing investors to participate through online cash subscriptions, offline cash subscriptions, and offline stock subscriptions [1] - The fund aims to closely track the CSI 300 Free Cash Flow Index, which selects 50 listed companies with high free cash flow rates from the CSI 300 Index sample, ensuring companies have positive operating cash flow for five consecutive years and rank in the top 80% for earnings quality [3] - The CSI 300 Free Cash Flow Index reflects the overall performance of listed companies with strong cash flow generation capabilities within the CSI 300 Index [3] Group 2 - Recent attention on free cash flow ETFs is attributed to their focus on real profitability and financial health, distinguishing them from traditional dividend ETFs by excluding high-debt or financially manipulated companies [4] - The CSI 300 Free Cash Flow Index emphasizes large-cap blue-chip stocks, offering lower volatility, higher dividend yields, and stronger dividend stability [4] - Morgan Asset Management has launched a series of dividend-focused funds, including the largest Hong Kong dividend index ETF and others, providing diversified investment solutions across A-shares, Hong Kong stocks, and Asian markets [4]