同类规模最大的自由现金流ETF（159201）盘中涨超2.2%，成交额率先突破3.3亿元

Core Viewpoint - The A-share market experienced a rebound on November 6, with the Shanghai Composite Index returning to 4000 points, indicating a positive shift in market sentiment and potential investment opportunities in the near future [1] Group 1: Market Performance - The National Free Cash Flow Index rose over 2.2%, with seven constituent stocks hitting the daily limit up, including Changbao Co., Haili Heavy Industry, Weichai Power, and others [1] - The largest free cash flow ETF (159201) followed the index's upward trend, attracting a total net inflow of 950 million yuan over the past 17 days, with intraday trading volume exceeding 330 million yuan [1] Group 2: Financial Indicators - National Investment Securities reported that the Q3 financial results for A-shares showed improvements in three core indicators: profit, revenue, and ROE compared to H1 [1] - The simultaneous improvement in free cash flow and net profit margin suggests that the earnings bottom for A-shares is becoming clearer, increasing the likelihood of a transition to a fundamental bull market over the next six months [1] Group 3: ETF and Fund Characteristics - The free cash flow ETF (159201) and its linked funds focus on industry leaders with abundant free cash flow, covering sectors such as non-ferrous metals, automotive, petrochemicals, and power equipment, which helps mitigate risks associated with single industry fluctuations [1] - The fund management annual fee is 0.15%, and the custody annual fee is 0.05%, both of which are among the lowest in the market [1]