投资者逢低加仓意愿较强，聚焦A50ETF（159601）低位布局价值

Core Viewpoint - The A-share market experienced fluctuations on October 22, with the MSCI China A50 Connect Index declining approximately 0.55%, while leading stocks such as ZTE, Bank of Communications, Agricultural Bank of China, and Cambricon Technologies showed gains [1] Market Analysis - According to China Merchants Securities, the resumption of Sino-U.S. trade negotiations and the nearing end of the third-quarter report disclosures are leading to a gradual reduction of market disturbances [1] - Current market inflows remain strong, with investors showing a strong willingness to increase positions at lower levels, suggesting a potential recovery in market momentum [1] A50ETF Overview - The A50ETF (159601) closely tracks the MSCI China A50 Connect Index, providing a packaged investment in 50 leading interconnected stocks, thereby offering balanced exposure to core A-share assets [1] - The constituent stocks are distributed across various sectors, including electronics, banking, food and beverage, and power equipment [1] Top Holdings - The top ten holdings in the A50ETF include Zijin Mining, CATL, Industrial Fulian, Kweichow Moutai, Haiguang Information, Cambricon Technologies, BYD, Heng Rui Medicine, China Merchants Bank, and ZTE [1]