全市场超3500家个股飘红，持续关注A500ETF易方达（159361）、沪深300ETF易方达（510310）配置机会

Market Overview - A-shares opened lower but rebounded, with over 3,500 stocks in the market showing gains. Key sectors that performed well included dairy, energy metals, and semiconductors, while pharmaceuticals, gaming, and banking sectors experienced adjustments [1] - As of the midday close, the CSI A500 index rose by 0.4%, the CSI 300 index increased by 0.2%, the ChiNext index gained 0.7%, and the STAR Market 50 index climbed by 1.1%. The Hang Seng China Enterprises Index fell by 0.2% [1] Index Performance - The CSI 300 index, which tracks 300 large and liquid stocks from the A-share market, had a rolling price-to-earnings (P/E) ratio of 13.9 times and a valuation percentile of 61.4% since its inception in 2005. It recorded a midday change of +0.2% [3] - The CSI A500 index, composed of 500 stocks with good liquidity across various industries, had a rolling P/E ratio of 16.4 times and a valuation percentile of 68.2% since its inception in 2004, with a midday change of +0.4% [3] - The ChiNext index, which includes 100 large and liquid stocks from the ChiNext board, had a rolling P/E ratio of 38.9 times and a valuation percentile of 29.8% since its inception in 2010, with a midday change of +0.7% [3] - The STAR Market 50 index, consisting of 50 large and liquid stocks from the STAR Market, had a rolling P/E ratio of 148.0 times and a valuation percentile of 94.8% since its inception in 2020, with a midday change of +1.1% [3] Hong Kong Market - The Hang Seng China Enterprises Index, which tracks 50 large and actively traded Chinese companies listed in Hong Kong, had a rolling P/E ratio of 10.6 times and a valuation percentile of 64.4% since its inception in 2002, with a midday change of -0.2% [4]