Group 1 - The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to 4.00% to 4.25%, marking the first rate cut of 2025 and following three cuts in 2024 [1] - The resumption of the rate cut is expected to boost global risk appetite and significantly improve liquidity expectations in emerging markets, with anticipated benefits for A-shares and Hong Kong stocks due to a recovery in risk appetite and foreign capital inflow [1] - Structural opportunities are identified in technology growth, dividends, and sectors experiencing a rebound in sentiment, suggesting a potential "policy-driven + profit improvement" support for a fluctuating upward market in the fourth quarter [1] Group 2 - Leveraged funds continue to invest, with the Dividend Quality ETF seeing net inflows for seven consecutive days, peaking at a net buy of 6.8649 million yuan in a single day, and the latest financing balance reaching 24.0104 million yuan [2] - The Dividend Quality ETF tracks the CSI Dividend Quality Index, which has a current price-to-earnings ratio (PE-TTM) of 16.63, placing it in the 14.99th percentile over the past five years, indicating it is undervalued compared to over 85.01% of the historical period [2]
专家预计四季度A股市场或呈现震荡上行态势，攻防兼备的红利质量ETF(159758)近10个交易日净流入8782.04万元
Sou Hu Cai Jing·2025-09-19 06:35