公募业迎重要改革；多只自由现金流ETF将上市交易

Group 1 - The China Securities Regulatory Commission (CSRC) issued the "Action Plan for Promoting the High-Quality Development of Public Funds," which includes 25 measures aimed at optimizing the fee structure for actively managed equity funds and enhancing the alignment of interests between fund companies and investors [1] - Multiple free cash flow ETFs, including the Jiashi National Index Free Cash Flow ETF and the Fangzheng Fubon CSI All Index Free Cash Flow ETF, are set to be listed for trading on May 13 [1] - A significant redemption occurred in the Fuan Da CSI A500 Index Enhanced Fund, marking the first instance of large-scale redemptions for funds related to the CSI A500 Index [1] Group 2 - The market experienced a low open but closed higher, with the Shanghai Composite Index rising by 0.28%, the Shenzhen Component Index by 0.93%, and the ChiNext Index by 1.65%. The total trading volume in the Shanghai and Shenzhen markets was 1.29 trillion yuan, a decrease of 174.9 billion yuan from the previous trading day [2] - Key sectors that saw gains included aerospace, communication equipment, and transportation equipment, while only a few sectors like precious metals and fertilizers experienced declines [2] - Specific stocks such as Galaxy Electronics, Hainengda, and Sichuang Electronics reached their daily limit up, with communication equipment ETFs and 5G ETFs showing strong performance, with a peak increase of 4.36% [2] Group 3 - Several gold-related ETFs experienced collective declines, with the highest drop recorded at 1.94% [4] - The performance of various gold ETFs included a drop of 1.94% for the Gold Stock ETF 1 and a decrease of 1.79% for the Gold Stock ETF [4] Group 4 - The digital economy and new infrastructure policies are expected to bolster the upgrade of computing networks, with the communication and new infrastructure sectors likely to see upward adjustments in expectations [5] - The recovery of the ICT foundational optical network industry chain is anticipated to stimulate further demand for optical modules and energy-saving temperature control [5]