沪指收复3900点大关，A500ETF易方达（159361）、沪深300ETF易方达（510310）等助力布局A股核心资产
Mei Ri Jing Ji Xin Wen·2025-12-05 11:52

Market Overview - The three major A-share indices collectively rose this week, with the Shanghai Composite Index recovering above 3900 points [1] - The industrial metals, commercial aerospace, satellite internet, and CPO sectors saw the largest gains, while software, food, and cultural media sectors experienced declines [1] - The Hang Seng Index also showed an overall increase, with pharmaceutical stocks experiencing fluctuations and technology sectors like robotics initially declining before rebounding [1] Index Performance - The CSI 300 Index and the CSI A500 Index both increased by 1.3%, while the ChiNext Index rose by 1.9%. The STAR Market 50 Index slightly decreased by 0.1%, and the Hang Seng China Enterprises Index increased by 0.7% [1][3] - The rolling P/E ratios for the indices are as follows: CSI 300 at 14.0x, CSI A500 at 16.4x, ChiNext at 39.3x, STAR Market 50 at 149.7x, and Hang Seng China Enterprises at 10.6x [3] Historical Performance - Over the past month, the CSI 300 Index decreased by 2.3%, while the ChiNext Index fell by 3.6%. In contrast, the CSI A500 Index and Hang Seng China Enterprises Index showed smaller declines of 2.1% and 1.7%, respectively [6] - Year-to-date, the CSI 300 Index has risen by 16.5%, the CSI A500 Index by 19.6%, and the ChiNext Index by 45.2% [6] - The one-year cumulative performance shows the CSI 300 Index up by 15.4%, the CSI A500 Index by 17.5%, and the ChiNext Index by 37.2% [6] Sector Composition - The CSI A500 Index includes 500 securities from various industries, covering 91 out of 93 three-level industries [4] - The ChiNext Index consists of 100 stocks from the ChiNext market, with a high concentration in strategic emerging industries, particularly in power equipment, communications, and electronics, which together account for nearly 60% [4] - The STAR Market 50 Index is composed of 50 stocks from the STAR Market, with a significant focus on "hard technology" leaders, where semiconductors represent over 50% of the index [4]