大盘震荡上行，A500ETF易方达（159361）、沪深300ETF易方达（510310）助力布局A股核心资产
Sou Hu Cai Jing·2025-10-20 05:06

Market Overview - The A-share market saw all three major indices rise in the morning session, with the ChiNext Index increasing by 2.5% to surpass the 3000-point mark, and over 4200 stocks in the market experienced gains [1] - The A500 Index rose by 1.0%, the CSI 300 Index increased by 0.8%, the ChiNext Index gained 2.5%, the STAR 50 Index was up by 1.4%, and the Hang Seng China Enterprises Index also rose by 2.5% [1][2] Sector Performance - In terms of sector performance, the leading gainers included electric machinery, coal mining and processing, CPO, brain-computer interface, and battery sectors [1] - Conversely, the sectors that experienced declines included gold concepts, banking, pork, and rare earth permanent magnet industries [1] Index Details - The CSI 300 Index, composed of 300 large-cap and liquid stocks from the Shanghai and Shenzhen markets, recorded a rolling P/E ratio of 14.2 times, with a valuation percentile of 64.7% since its inception in 2005 [2] - The A500 Index, which includes 500 stocks from various industries, saw a rise of 1.0% and has a rolling P/E ratio of 16.6 times, with a valuation percentile of 71.1% since its launch in 2004 [2] - The ChiNext Index, tracking 100 large-cap stocks in the ChiNext market, increased by 2.5% and has a rolling P/E ratio of 41.3 times, with a valuation percentile of 36.2% since its inception in 2010 [2] - The STAR 50 Index, which consists of 50 large-cap stocks from the STAR Market, rose by 1.4% and has a rolling P/E ratio of 174.7 times, with a valuation percentile of 97.9% since its launch in 2020 [2] Hong Kong Market - The Hong Kong market opened higher, with technology sectors leading the gains, while gold jewelry and non-ferrous metals sectors faced declines [1] - The Hang Seng China Enterprises Index, which includes 50 large-cap and actively traded stocks from mainland China listed in Hong Kong, increased by 2.5% and has a rolling P/E ratio of 10.5 times, with a valuation percentile of 63.8% since its inception in 2002 [3]