同类规模最大300现金流ETF（562080）成交额突破4256万元，机构：现金流策略或更能敏锐捕捉景气拐点

Core Viewpoint - The A-share market is experiencing a collective rise in major indices, with a notable increase in high cash flow assets, particularly the 300 Cash Flow Index, which rose by 0.71% as of 10:10 AM on December 26, 2025 [1][10]. Group 1: Market Performance - The 300 Cash Flow Index saw significant gains, with key stocks such as Great Wall Motors increasing by nearly 5%, Luoyang Molybdenum by over 4%, and Zijin Mining by over 3% [1][10]. - The largest and most liquid ETF tracking the 300 Cash Flow Index (562080) also surged, reaching a peak of 0.605 yuan and achieving a transaction volume exceeding 42.56 million yuan [10][12]. Group 2: ETF and Index Characteristics - The 300 Cash Flow ETF (562080) has been well-received since its launch on April 15, 2025, with consistent monthly gains and a net inflow of 45.14 million yuan over the last 10 trading days, indicating strong interest from long-term investors [10][12]. - The ETF passively tracks the 300 Cash Flow Index, which employs a free cash flow selection strategy, focusing on 50 "cash cow" companies within the CSI 300 [12][14]. Group 3: Index Rebalancing - On December 15, 2025, the 300 Cash Flow Index underwent a quarterly rebalancing, enhancing its characteristics of high cash flow, high dividends, and low valuations [12][14]. - The rebalancing resulted in a more balanced market capitalization distribution, with large-cap stocks (over 100 billion yuan) now accounting for 58% of the index, a decrease of 6 percentage points from the previous period [12][14]. - The index's sector composition has been adjusted to include new leaders in cash flow, such as Zijin Mining, SAIC Motor, and China Unicom, increasing representation from sectors like non-ferrous metals, automotive, transportation, and public utilities, while excluding financials and real estate [12][14].