Group 1 - The A-share market showed mixed performance on June 26, with the Guozheng Free Cash Flow Index rising, led by stocks such as Zhenhua Heavy Industries, Luoyang Molybdenum, and Taiji Industry [1] - Foreign institutions like Goldman Sachs and UBS expressed optimism about the Chinese stock market, citing resilient macroeconomic conditions, improving corporate profits, supportive incremental policies, and a weak dollar trend as key factors for their positive outlook [1] - According to Shenwan Hongyuan Securities, free cash flow has a timing effect on cyclical stocks, indicating that during upturns, the free cash flow rate of these stocks is higher compared to downturns, making it a useful metric for identifying cyclical stocks in an uptrend [1] Group 2 - The Free Cash Flow ETF (159201) closely tracks the Guozheng Free Cash Flow Index and selects stocks with positive and high free cash flow after liquidity, industry, and ROE stability screening, indicating high quality and strong risk resistance, suitable for long-term investment [1] - The fund management fee is set at an annual rate of 0.15%, and the custody fee at 0.05%, both of which are the lowest in the market, maximizing benefits for investors [1]
外资机构看好中国后市表现,聚焦低费率的自由现金流ETF(159201)长线配置价值
Mei Ri Jing Ji Xin Wen·2025-06-26 04:32