市场横盘震荡，A500ETF易方达（159361）半日获3000万份净申购

Market Overview - A-shares experienced a sideways fluctuation in the morning session, with traditional Chinese medicine and photovoltaic equipment sectors rising, while military and film exhibition sectors adjusted [1] - As of the midday close, the CSI A500 index and the CSI 300 index both fell by 0.3%, the ChiNext index decreased by 0.2%, and the SSE STAR 50 index dropped by 0.8% [1] Index Performance - The CSI 300 index, which tracks 300 large-cap stocks in the A-share market, recorded a rolling price-to-earnings ratio of 13.2 times and has a valuation percentile of 52.2% since its inception in 2005 [2] - The CSI A500 index, covering 500 liquid stocks across various industries, also fell by 0.3%, with a rolling price-to-earnings ratio of 15.3 times and a valuation percentile of 55.5% since its inception in 2004 [2] - The ChiNext index, composed of 100 large-cap stocks in the ChiNext market, decreased by 0.2%, with a rolling price-to-earnings ratio of 33.7 times and a valuation percentile of 17.5% since its inception in 2010 [2] - The SSE STAR 50 index, which includes 50 large-cap stocks from the STAR Market, fell by 0.8%, with a rolling price-to-earnings ratio of 144.6 times and a valuation percentile of 99.3% since its inception in 2020 [2] - The Hang Seng China Enterprises Index, tracking 50 large-cap Chinese companies listed in Hong Kong, remained relatively stable with a slight decrease of 0.01%, a rolling price-to-earnings ratio of 10.2 times, and a valuation percentile of 62.3% since its inception in 2002 [2] Fund Activity - The A500 ETF managed by E Fund (159361) saw a net subscription of 30 million units during the morning session [1]