Mei Ri Jing Ji Xin Wen·2025-12-03 10:03Core Insights - The China Securities A500 Index fell by 0.6%, the A100 Index by 0.5%, and the A50 Index by 0.4%, while funds chose to increase their positions in related ETFs, particularly the A500 ETF from E Fund, which saw a net subscription of 36 million units for the day, following a nearly 100 million yuan net inflow on the previous trading day [1][3][4] - CITIC Securities believes that the slow bull market pattern remains unchanged, and anticipates an early spring rally next year, suggesting strategic positioning ahead of key meetings in mid-December to prepare for the year-end market [1] ETF Performance - The A500 ETF tracks the A500 Index, which consists of 500 securities with large market capitalization and good liquidity, covering 91 out of 93 sub-industries [3] - The A100 ETF tracks the A100 Index, composed of 100 representative securities with large market capitalization and good liquidity, covering 46 sub-industries, reflecting the overall performance of major listed companies [3] - The A50 Index is made up of the 50 largest stocks by market capitalization, covering 50 sub-industries, with a notable focus on large-cap stocks [4]