沪指涨超1%续创10年新高，关注A500ETF易方达（159361）、沪深300ETF易方达（510310）等配置价值

Market Overview - A-shares experienced a low opening but rebounded, with total market turnover exceeding 2.4 trillion yuan, and over 3,600 stocks rising [1] - The major indices showed positive performance: CSI A500 Index increased by 1.2%, CSI 300 Index rose by 1.1%, ChiNext Index gained 0.2%, and the STAR Market 50 Index surged by 3.2% [1] Sector Performance - Strong sectors included liquor, small metals, and semiconductors, while innovative drugs and film industry sectors faced adjustments [1] - Hong Kong stocks opened lower but rebounded, with the pharmaceutical sector continuing its adjustment [1] Index Details - CSI 300 Index consists of 300 stocks with good liquidity, covering 11 primary industries, with a rolling P/E ratio of 13.5 times and a valuation percentile of 57.3% since its inception in 2005 [3] - CSI A500 Index includes 500 stocks with good liquidity, covering 91 out of 93 tertiary industries, with a rolling P/E ratio of 15.7 times and a valuation percentile of 60.4% since its inception in 2004 [3] - ChiNext Index is composed of 100 stocks with high liquidity, focusing on strategic emerging industries, with a rolling P/E ratio of 37.4 times and a valuation percentile of 26.3% since its inception in 2010 [3] - STAR Market 50 Index includes 50 stocks with significant "hard technology" characteristics, with a rolling P/E ratio of 147.5 times and a valuation percentile of 99.5% since its inception in 2020 [3] - Hong Kong H-share Index tracks 50 large-cap, actively traded stocks, with a rolling P/E ratio of 10.3 times and a valuation percentile of 63.0% since its inception in 2002 [3]