现金流ETF南方(159232.SZ)涨0.52%，白银有色涨4.26%

Group 1 - The stock market in Shanghai and Shenzhen experienced fluctuations on September 26, with sectors such as oil and petrochemicals, real estate, steel, and non-ferrous metals showing significant gains [1] - The cash flow ETF from Southern (159232.SZ) increased by 0.52%, while silver and non-ferrous metals rose by 4.26% [1] - The focus on free cash flow strategies emphasizes the quality of corporate earnings and cash generation capabilities, which are crucial during economic fluctuations [1] Group 2 - The CSI All Share Free Cash Flow Index includes stable, high-quality traditional industries as well as emerging manufacturing sectors like automotive and electrical equipment, aligning with the trend of high-end manufacturing growth in the context of China's economic transition [1] - With the ongoing recovery of the domestic economy and a loose monetary policy, expectations for improved corporate earnings quality are increasing, suggesting that companies with abundant free cash flow may see accelerated value reassessment [1] - The onset of a Federal Reserve rate cut cycle is expected to lead to a sustained decline in interest rates, combined with global liquidity, which may elevate the valuation levels of companies with strong cash flow [1]