Mei Ri Jing Ji Xin Wen·2025-09-16 02:22Core Viewpoint - The A-share market showed mixed performance after a strong opening, with the MSCI China A50 Connect Index experiencing a slight decline despite some leading stocks performing well [1] Economic Performance - In August, China's economic indicators showed overall stability, with industrial value-added growth of 5.2% year-on-year and 0.37% month-on-month [1] - The service production index increased by 5.6% year-on-year, while retail sales of consumer goods rose by 3.4% year-on-year and 0.17% month-on-month [1] - From January to August, fixed asset investment grew by 0.5% year-on-year, with manufacturing investment increasing by 5.1% [1] Market Outlook - Galaxy Securities anticipates that domestic incremental funds are promising, and liquidity is likely to remain favorable, suggesting a continued upward trend for A-shares in the medium term [1] - The A50 ETF (159601) closely tracks the MSCI China A50 Connect Index, providing a balanced exposure to 50 leading stocks in the A-share market, making it a preferred choice for both domestic and foreign investors [1] - The MSCI China A50 Connect Index emphasizes liquidity and industry balance during its compilation, highlighting its significant large-cap characteristics compared to other indices [1]