盘中速递 | 同类规模最大的自由现金流ETF（159201）成交额率先突破1.5亿元

Group 1 - The A-share market indices opened higher but showed mixed performance, with the Guozheng Free Cash Flow Index rising approximately 0.7%, led by stocks such as Dongfang Tietong, Baiyin Nonferrous Metals, and Dayang Electric [1] - The largest free cash flow ETF (159201) followed the index upward, with trading volume exceeding 150 million yuan, indicating active trading [1] - The chief strategist from Industrial Securities noted that while external factors may cause short-term fluctuations in the Chinese stock market, the true driver for a new cycle in the capital market is the systematic adjustment of economic growth methods [1] Group 2 - According to招商证券, free cash flow serves as an upstream indicator of dividend distribution and has strong forward-looking capabilities, suggesting that companies selected based on historical free cash flow levels may have better future dividend capabilities than those with historically high dividends [1] - Companies with high free cash flow and strong dividend intentions tend to perform better in stock price, indicating that incorporating a dividend factor into the free cash flow strategy can enhance performance [1] - The free cash flow ETF (159201) focuses on industry leaders with abundant free cash flow, covering sectors such as non-ferrous metals, automotive, oil and petrochemicals, and power equipment, effectively mitigating risks associated with single industry fluctuations [1]