Group 1 - The core indices, including the CSI A500, A50, and A100, experienced slight declines this week, with the CSI A500 down by 0.3%, A50 down by 0.6%, and A100 down by 0.8% [1][3] - The A500 ETF from E Fund (159361) recorded an average daily trading volume of 5.8 billion yuan, indicating strong capital inflow, with a net subscription exceeding 1.4 billion units on Friday alone [1] - According to Xinda Securities, historical trends suggest that the market typically undergoes adjustments before the year-end rally, with December 2025 expected to be a favorable period for positioning in the year-end market [1] Group 2 - The rolling price-to-earnings (P/E) ratios for the indices are as follows: CSI A500 at 16.6 times, A100 at 17.1 times, and A50 at 18.1 times [3] - The P/E ratio percentiles indicate that the CSI A500 is at the 71.0 percentile, A100 at 83.5 percentile, and the A50 percentile data will be available on January 2, 2024 [3][5] - The CSI A500 index comprises 500 securities with significant market capitalization and liquidity, covering 91 out of 93 sub-industries, while the A100 index includes 100 representative securities covering 46 sub-industries, and the A50 index consists of the largest 50 stocks from leading companies across 50 sub-industries [4]
市场调整提供资金布局时机，A500ETF易方达（159361）单日净申购超14亿份
Sou Hu Cai Jing·2025-12-19 10:42